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Actuarial Science – (M.Sc.)

ISEG

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Annual Tuition Fee: ≈ € 2,500 -
Location: Lisbon / Portugal / View location on map ▾ Hide location on map ▴
Duration: 24 months Start Date: September
Educational Form:
  • Taught
  • Research
Education Variants:
  • Fulltime
Credits (ECTS): 120
Languages: English 

Location of ISEG

Duration: 3 semesters of taught courses and 1 semester dedicated to the Master's thesis/project/training in an insurance company

Credits: 120 ECTS
Starts: 17/09/2012
Language: English

Our Master covers the course materials indispensable for the accreditation of an actuary in the European Union, in accordance with the Group Consultative Core Syllabus. It covers also the materials of some of the courses of the Society of Actuaries and of the Faculty and Institute of Actuaries in the UK.

The programme offers a solid academic foundation in actuarial science, statistics and finance, providing you the skills to become a successful actuary. During the fourth semester you can take a training post in an insurance company or write a thesis or a project.

It was adequated to the Bologna regime and the European Commission has awarded the ECTS label to the Technical University of Lisbon.

If you do sufficiently well in the programme, as determined by an examiner appointed by the Institute and Faculty of Actuaries, you will be exempt from the following UK professional actuarial examinations: CT1, CT3, CT4, CT5, CT6 and CT8. If you have a BSc from ISEG you may have also exemptions from CT2 and CT7.

The application process has already started and it is made online in our Website.


Contents

Structure (2011/2012)

1st SEMESTER: Financial Mathematics
Financial Markets and Investments
Probability and Stochastic Processes
Risk Models
2nd Semester: Generalized Linear Models
Loss Reserving
Survival Models and Life Contingencies
Risk Theory
Time Series
3rd Semester: Actuarial Topics
Asset-Liability Management
Models in Finance
Pension Funds
Ratemaking and Experience Raking
Solvency Models
4th Semester:Internship/Project/Dissertation.

For details visit our Website at .

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Requirements

We will consider candidates with a good Bachelors degree in Mathematics, Economics, Finance or Management or other highly quantitative programme such as Statistics or Physics. The candidates will be sorted according to their BSc marks, CV details and a possible interview.

The candidate should have a good knowledge of English.

Additional Requirements

Minimal degree required: Bachelor's degree
Minimal amount of work experience Not specified

Accreditation

If you do sufficiently well in the programme, as determined by an examiner appointed by the Institute and Faculty of Actuaries, you will be exempt from the following UK professional actuarial examinations: CT1, CT3, CT4, CT5, CT6 and CT8. If you have a BSc from ISEG you may have also exemptions from CT2 and CT7.


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