The master's programme in Quantitative Finance and Actuarial Sciences is designed to develop in-depth knowledge and specific skills in asset management, risk management, and actuarial sciences for future employees in the financial industry. The programme's goal is to acquaint the students with specific features of the finance and insurance industry. As part of core courses and specific track courses, students learn the basics of quantitative finance, actuarial sciences, the insurance industry, econometric analysis, and modeling. Given the programme’s methodological demands and level of difficulty, adequate prior knowledge of mathematics, microeconomics, and macroeconomics is required. Students demonstrate this by passing exams and fulfilling requirements in the relevant courses or holding a recognized undergraduate degree.
The first-year enrolment is open to:
- Graduates of first-level programmes in relevant study areas with at least 180 ECTS
- Graduates of a programme of study for graduate qualification in relevant areas of study
- Graduates of equivalent courses listed in the above paragraphs from other areas of study and completing additional academic requirements of 12 ECTS: Microeconomics 1 (6 ECTS) and Mathematics for Business and Economic Sciences (6 ECTS)
- Duration of study: 2 years (4 semesters)
- Scope of ECTS: 120 ECTS
- Study status: full-time
- Degree: Master in Quantitative Finance and Actuarial Sciences (second-cycle)
Apart from candidates holding degrees in economics and business studies, the programme is suitable primarily for students with backgrounds in mathematics, physics, as well as machine and electrical engineering.
- To master statistics, microeconomics, finance, and the insurance industry;
- To acquaint students with the special features of financial and actuarial quantitative models and their application in practice;
- To teach students how to think critically and to make complex decisions based on the accessible data from the viewpoint of suitable risk management and achieving suitable profitability; The basic goals of the master’s programme in Quantitative Finance and Actuarial Sciences are to provide students with the following basic expertise and to develop the following competencies and skills:
- To train students to seek new sources and create new knowledge as well as use modern interdisciplinary research methods to address the challenges and issues they encounter during their work in the financial sector;
- To provide excellent preparation for students in the following professions: Actuary, Quantitative Analyst / “Quant”, Portfolio Manager, Risk Manager, Quantitative Bank Supervisor.
This school offers programs in:
Last updated February 18, 2018