Actuarial science is an interdisciplinary science that analyses the financial outcomes and risks of indefinite events in the future. It applies the use of mathematical, financial and statistical methods to assess, manage and form insurance plans for all kinds of risks (life, property, health, retirement) in the insurance, financial and business worlds.

The main purpose of this Master’s Degree course is to provide students with a sound theoretical basis to be able to pass these actuary exams, as well as to facilitate the careers of successful graduates in the finance and insurance fields at a national and international level. With its eclectic selection of course opportunities for students, the programme also aims to provide employment in the insurance sector, as well as those other sectors which deal with financial risk.... [-]

MSc Econometrics and Operations Research: Actuarial Sciences (full-time)

The role of actuaries is changing. Until recently, actuaries have concentrated on mitigating risk. Now, their role is broader and more proactive: they study market demand and manage return on investment, both in the short and long terms. To do this, they must take a balanced view of both assets and liabilities. The Actuarial Sciences track at Maastricht University is one of only three such studies in the Netherlands, putting it at the cutting edge of its field. Become a ‘financial engineer’: take Actuarial Sciences.

What will you learn?

Keys skills that you will learn include problem-solving and the ability to see those problems from more than one point of view. You will also learn how to communicate your opinions and solutions professionally and clearly in order to persuade others of your viewpoint.... [-]

Obtaining your master's degree in mathematics from UCM opens doors of opportunity in your field. Whether you’re looking for more in-depth knowledge in a specialized area or are hoping to make a career move, your master’s degree provides a real advantage. In the graduate program, you will cultivate your ability for independent thought and demonstrate your aptitude for relevant research.

The M.S. in Mathematics program offers two options — Mathematics or Actuarial Science and Statistics.

The M.S. in Actuarial Science and Statistics is designed to fit the needs of students in actuarial science, statistics or related fields. Core courses include Applied Stochastic Processes and Multivariate Statistical Analysis, with electives in statistics, probability, actuarial science, and computer science.... [-]

The programme title and the English equivalent have been approved by the Commission Higher Education in Flanders on 19 January 2018. We expect the final approval of the programme by the Flemish government by the beginning of March 2018.

This is an English-taught programme of 120 ECTS which prepares students for careers in actuarial science, financial engineering or quantitative risk management within financial institutions.

This master's programme brings:

basic training in actuarial engineering, insurance, financial products, financial mathematics and engineering, data analytics for finance and insurance, risk management for financial institutions; advanced courses showing the latest developments in the field; a blend of theoretical coursework and computational training; an introduction to practical aspects, through the straight-from-the-frontline experience of our staff, guest lecturers, and an internship (6 ECTS); a multidisciplinary approach, where technical, quantitative courses come along with coursework in (financial and insurance) regulation, prudential regimes, economics and reporting. ... [-]