Actuarial Science and Mathematical Finance
- 60 EC, 12 months
- Language of instruction
- Starts in
The Master of Science in Actuarial Science and Mathematical Finance is a one-year programme for those wishing to work as an actuary (an insurance mathematician). An actuary designs and monitors financial security systems. The actuarial profession is currently in a period of transition and has come to encompass management of financial risks outside the insurance sector.
The Master's programme in Actuarial Science and Mathematical Finance is a multidisciplinary programme providing a balanced and rigorous training in the financial and mathematical analysis of complex insurance issues. It focuses on mathematical model-building in the various specialised fields of insurance: life insurance, non-life insurance and pension funds. Because the programme is aimed at helping students develop a scientific attitude and approach, it places a great deal of emphasis on the theoretical foundations of various methods and techniques.
Actuarial Science and Mathematical Finance at the UvA
What makes the University of Amsterdam's Master's programme in Actuarial Science unique is its range of courses incorporating all the latest international developments, such as Fair Value Techniques, Market-Consistent Embedded Value and Solvency II.
The programme is taught by leading scholars in the field of actuarial science, together with a number of professionals who work in the industry itself; this ensures that students learn the most up-to-date techniques, practices and insights. The UvA Master in Actuarial Science is the only stand-alone Master's degree of its kind offered in the Netherlands.
It is possible to combine study and work by following a part-time executive version of this Master's programme, the Amsterdam Executive Master in Actuarial Science (AEMAS).
Top 5 reasons to study here
The Faculty of Economics and Business:
- has an excellent reputation
- has a diverse international student body
- is surrounded by many multinational firms and organisations
- has low tuition fees for EU students
- has a central location in the multicultural city of Amsterdam
Amsterdam is the capital of the Netherlands and the world's most multi-cultural city. Its population of 750,000 inhabitants contains 177 nationalities, more than New York City. It is a centre of culture, commerce and entertainment and the faculty's central location means students have every opportunity to enjoy student life.
Rankings and reputation
The University of Amsterdam offers a world class education:
- 58th in the world and 1st in the Netherlands (QS World University Rankings 2013)
- in top 50 of Social Sciences Universities (Times Higher Education rankings 2011)
- member of LERU (League of European Research Universities), exclusive network of renowned research universities
- member of Universitas 21, network of 24 leading research-intensive universities in 16 countries