The Actuarial Science track in the MSc Actuarial Science and Mathematical Finance provides you with an excellent grounding for your career as an actuary or risk manager. What makes this 1-year programme unique is that it incorporates all the latest international developments. Think of big data science and behavioural insurance and finance. Also, you will gain insight in up-to-date techniques and practices to kick-start your career. The Actuarial Science track is one of 2 tracks you can choose within this Master’s programme.
How much should we set aside for our retirement years? How should insurance companies determine the premiums of earthquake insurances? And how should complex financial products such as a credit default swap be priced? These are typical questions you will investigate during your year with us.
You will receive lectures and seminars by leading scholars in the field and by professionals who work in the industry, such as the director of the Dutch Central Bank. They will teach you the most advanced techniques, practices and insights of today.
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Apart from the 6 general courses of the full programme, we offer you a selection of electives to choose from:
Climate change is affecting the world in many different ways, which makes it a significant challenge to the insurance industry. The Actuarial Science track will provide you with the mathematical and statistical tools to tackle questions such as: How can we quantify the risk of damage from natural disasters? How should we adjust our estimates and predictions to take into account more frequent and more severe disasters? And how many reserves should be put aside to cover possible future claims? These questions are also relevant for governments and regulatory bodies, as reliable and affordable insurance is essential for a well-functioning economy.
Examples of real-life business cases and company projects you will discuss:
|Credits||60 ECTS, 12 months|
|Language of instruction||English|