Actuarial Sciences and Mathematical Finance
| Admission criteria | Admissions information |
| Credits | 60 ECTS credits |
| Language of instruction | English |
| Duration of programme | 1 year |
| Tuition fee | Regular tuition fee |
| Title | Master of Science (MSc) |
| CROHO-code | 66411 |
| Brochure | Download factsheet (PDF) |
Actuarial Science and Mathematical Finance (MSc)
Do you want to find out more about the programme? Please fill out our inquiry form. Within 48 hours you will receive our first mailing.
Do you want to apply to the programme? Please refer to our online application.
The Master of Science in Actuarial Science and Mathematical Finance is a one-year programme for those wishing to work as an actuary (an insurance mathematician). An actuary designs and monitors financial security systems. The actuarial profession is currently in a period of transition and has come to encompass management of financial risks outside the insurance sector.
The Master's programme in Actuarial Science and Mathematical Finance is a multidisciplinary programme 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. Because the programme is aimed at helping students develop a scientific attitude and approach, it places a great deal of emphasis on the theoretical foundations of various methods and techniques.
Studying Actuarial Science and Mathematical Finance at the University of Amsterdam
What makes the University of Amsterdam's Master's programme in Actuarial Science unique is its range of courses incorporating all the latest international developments, such as Fair Value Techniques, Market-Consistent Embedded Value and Solvency II.
The programme is taught by leading scholars in the field of actuarial science, together with a number of professionals who work in the industry itself; this ensures that students learn the most up-to-date techniques, practices and insights. The UvA Master in Actuarial Science is the only stand-alone Master's degree of its kind offered in the Netherlands.
Top 5 reasons to study here
The Faculty of Economics and Business:
- has an excellent reputation
- has a diverse international student body
- is surrounded by many multinational firms and organisations
- has low tuition fees for EU students
- has a central location in the multicultural city of Amsterdam
Amsterdam is the capital of the Netherlands and the world's most multi-cultural city. Its population of 750,000 inhabitants contains 177 nationalities, more than New York City. It is a centre of culture, commerce and entertainment and the faculty's central location means students have every opportunity to enjoy student life.
Rankings and reputation
The University of Amsterdam offers a world class education:
- 63rd in the world and 1st in the Netherlands (QS World University Rankings 2011)
- in top 50 of Social Science Universities (Times Higher Education rankings 2011)
- member of LERU (League of European Research Universities), exclusive network of renowned research universities
- member of Universitas 21, network of 21 leading research-intensive universities in 13 countries.
- the Amsterdam Business School has the prestigious EQUIS accreditation (European Foundation for Management Development)
Accreditation and degree
The quality of this Master's programme has been assessed by the Accreditation Organisation of the Netherlands and Flanders (NVAO). This means that upon successful completion of the programme, students will receive a legally accredited Master's degree in Actuarial Science and the title of Master of Science (MSc).