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Actuarial Science, M.Sc.

  • Application Deadline
  • 24 months
    Duration
University rank #101 (ARWU) ,
This Master's degree offers a complete basic training for future actuaries. An actuary is a business professional who deals with the financial impact of risk and uncertainty.

About

Most of the subjects taught involve applied mathematics, the actuary’s most important working tool. Good knowledge of management, finance, economics and information technology is also necessary to ensure an adequate level of professional expertise.

This program fulfills the requirements of the syllabus of the Swiss Association of Actuaries and prepares students to some exams of the Society of Actuaries.

University studies develop, in addition to specific academic skills, many transversal skills such as : oral and written communication, critical, analytical and summarising faculties, abilities in research, the learning and transmission of knowledge, independence and the ability to take decisions.

This panoply of skills, combined with specialist knowledge acquired in the course of studies, is an excellent preparation for a wide range of employment opportunities in financial sectors.

The following career prospects may be cited as examples:

  • Insurance companies
  • Banks
  • Consultants
  • Pension funds
  • Control authorities
  • Social security systems

Accreditation

The Master of Actuarial Science program meets the educational requirements of the Swiss Association of Actuaries syllabus (SAA). Moreover, certain courses prepare the students for the first exams of actuaries (SOA).

Due to the inclusion of certain optional courses, the Master program will be in compliance with the future syllabus of the International Actuarial Association, which is currently working on promoting a new specialty track in the field of social security at the international level.

Collaboration with the International Labor Organization (ILO)

Established experts from ILO will deliver courses on social security financing, based on recent ILO series of textbooks on social security financing, actuarial practice, health financing and social budgeting.

Programme Structure

For more information, please visit the programme website.

Detailed Programme Facts

  • More details:

    • Enrolment date - Candidates needing a visa to study in Switzerland : 28 February
  • Programme intensity Full-time
    • Full-time duration 24 months
  • Credits
    120 ECTS
  • Languages
    • English
    Schedule TOEFL® Schedule IELTS
  • Delivery mode
    On Campus

English Language Requirements

This programme may require students to demonstrate proficiency in English.

Academic Requirements

  • A signed copy of the confirmation of the online application sent to the candidate by e-mail immediately after applying online
  • 1 passport format photograph
  • A copy of the programme description concerning the final semester or the last year of the Bachelor's degree, if the Bachelor's degree has not yet been obtained
  • A complete and up-to-date CV (resume)
  • A copy of the passport or identity card
  • A proof of payment of CHF 200
  • An authenticated translation of documents not issued in French, German, English or Italian
  • Copies of records of grades (transcripts) obtained in all examinations taken in all university

  • Copies of the secondary school diploma and the university, as well as the diploma supplement(s) if received

Tuition Fee

  • International

    980 EUR/year
    Tuition Fee
    Based on the original amount of 490 EUR per semester and a duration of 24 months.

  • EU/EEA

    980 EUR/year
    Tuition Fee
    Based on the original amount of 490 EUR per semester and a duration of 24 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.

  • Tuition fees (exams included) and semester fees: CHF 580.- (per semester)

Living costs for Lausanne

  • 1609 - 1980 CHF/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

StudyPortals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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