Actuarial Science and Mathematical Finance

Published 20 October 2011

Curriculum

Actuarial Science and Mathematical Finance  (MSc)

Programme structure

The Master in Actuarial Science and Mathematical Finance is a one-year programme of 60 ECTS credits (1 ECTS credit = 0,5 US credit). The course schedule is listed below. The academic year runs from September to the beginning of July and is divided into two semesters, each with three blocks. Please refer to the academic calendar for the exact dates.

Thesis

The Master's thesis is the final requirement to be completed prior to graduation, and is supervised by one of the actuarial researchers within the Department of Quantitative Economics. It must be based on a study of relevant literature or on a research internship at a firm.

Degree

Upon successful completion of the programme, students receive a Master's degree in Actuarial Science and Mathematical Finance and the title Master of Science (MSc). 

Schedule

First SemesterSecond Semester
Block 1 Block 2 3 Block 1 Block 2 3

Market-consistent Pricing and Embedded Value (5 EC)

Market-consistent Valuation Seminar (5 EC)

Elective (5 EC) Fixed Income Risk Manage-
ment* (5 EC)

Asset-
liability Manage-ment 2 (5 EC)

MSc Thesis

Non-Life Insurance: Statistical Techniques (5 EC)


Derivatives
(5 EC)

Elective (5 EC)

MSc Thesis

Asset Liability Management I (5 EC)

MSc Thesis (15 EC)

* Dutch students are obliged to take the course Caput Financing of Pensions instead of Fixed Income Risk Management

For detailed information on courses please refer to the links below.

Elective courses

Students should take elective courses for a total of 10 EC or more. A wide range of elective courses is available including the courses listed below. For other possibilities please consult the Programme Director.

No rights may be derived from the information on this website, the curriculum may be subject to change.

Source: Faculty of Economics and Business
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