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Do you have strong analytical, interdisciplinary and social skills? And is it your goal to use applied research to tackle complex real-life problems? Then the Actuarial Science and Risk Analytics Honours programme is a great challenge and a chance to broaden your horizons.

Are you a student of the Master's in Actuarial Science and Risk Analytics and do you have a record of academic excellence, a critical mind and an enthusiasm for applied research? Then this Honours programme is a great opportunity for you.

Why apply for the Honours programme?

The Honours programme is your chance to gain knowledge at the highest level and practise applied research skills on top of your chosen Master's in Actuarial Science and Risk Analytics. If you are driven and prepared to put in the extra work, this programme is a rewarding addition to your curriculum. It’s a chance to stand out to future employers. 

Real-life business case: how to insure against climate change

As an actuary, you may work on questions like this: natural disasters are becoming more frequent and more severe, which creates a significant challenge for the insurance industry. How do insurance companies calculate the financial risk of these changing patterns? You work with real data on floods and storms, analyse past damage and build statistical models to predict future damage. Using advanced statistical techniques and stochastic models, you create a report showing how climate change affects the reserves insurance companies need to set aside. This is the type of analysis you will do in your career as an actuary. 

Specific courses

You take the Actuarial Science and Risk Analytics Honours programme (15 ECTS) alongside your 1-year Master's in Actuarial Science and Risk Analytics. The Honours programme adds 2 extra courses and a research project to your Master's.

Real-life business case

Solve a business case and present your results to your fellow students. You will carry out this assignment in a small and diverse team of Master's students who are all enrolled in different Master's programmes at the Amsterdam School of Economics. One of our senior researchers will provide support to the team as you solve your business case.

How to apply

The Honours programme is selective and only available to (approximately) 10 highly motivated students of our Master's Actuarial Science and Risk Analytics.

What you need to do:

  1. Apply for the Master's Actuarial Science and Risk Analytics programme.
  2. Wait for your admissions results. If you are admitted to the programme you will receive a conditional acceptance email.
  3. Start your Master's Actuarial Science and Risk Analytics programme. By the end of the 1st period you can apply for the Honours programme by writing a letter of motivation.

Selection will take place in October, based on the documents you provide and group diversity. You will start the Honours programme in November of the same academic year.

Contact

For specific questions about the Actuarial Science and Risk Analytics Honours programme, please do not hesitate to contact us.