Detailed information about selected course/program
EU code
11.5 - Actuarial Science
2 - Master
University of Amsterdam, The Netherlands
Actuarial Science, Insurance and Mathematical Finance
MSc in Actuarial Science and Mathematical Finance (degree programme)
Language requirements
If one's nationality is not of a country of which English is considered to be the main and only official language (American, Australian, British, Canadian, Irish, New Zealand), a valid English test score is required. A non-native speaking applicant has to prove that he/she has sufficient English language skills by submitting a test score that meets the FEB requirements. TOEFL 6.0, IELTS 6.5. Not being able to do so, means the applicant cannot enroll.
Academic requirements
The applicants must hold a Bachelor of Science degree in Actuarial Science or in another quantitative field such as mathematics, statistics or physics. Students must fulfill all academic requirements in order to be admitted to the Master's programme. In addition to sufficient background knowledge of mathematics, students must have a solid grasp of statistics, including some knowledge of econometrics. Students should also have taken courses covering investment and portfolio theory.
Max available positions
An actuary designs and monitors financial security systems. The Master of Science in Actuarial Sciences and Mathematical Finance is a one-year programme of 60 EC for those wishing to work as an actuary (an insurance mathematician). The actuarial profession is currently in a period of transition and has come to encompass management of financial risks outside the insurance sector. The programme tackles this by offering a multidisciplinary approach 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.
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12 months between Sep 1 2010 and Aug 31 2011
Contact person
Diana Hense ( )
Additional information
Available field for target 1, 2, 3 applicants. Before submitting an EMECW13 application, all candidates must: - Check the specific requirements for this programme as specified in - Read and follow the instructions specified in => 'Incoming applicants' What makes the University of Amsterdam's Master's programme in Actuarial Sciences and Financial Mathematics unique is its range of courses incorporating all the latest international developments, such as Fair Value Techniques, Market-Consistent Embedded Value and Solvency II. Graduates have excellent career prospects. Many find employment working as actuaries or risk managers with insurance companies, actuarial consultancy firms or pension funds.