Actuarial Mathematics

University of Copenhagen

24 months
11760 EUR/year
Tuition fee
Apply date
Start date


In the Actuarial Mathematics programme at University of Copenhagen, you will cultivate an exciting interdisciplinary body of knowledge in mathematics, finance, insurance economics, accounting, law, probability, and statistics. 


Actuarial mathematics is immediately relevant to modern society where security cannot be taken for granted.

You should pursue an MSc in Actuarial Mathematics if you enjoy working with numbers. You will, among other things, be engaged in addressing various types of damage insurance, life insurance, insurance economics, insurance accounting and insurance law. 

The Actuarial Mathematics programme at University of Copenhagen embodies a combination of numbers, law and human welfare.

A large majority of people in modern society have a pension or insurance policy that secures their everyday life and welfare into and through retirement. Actuarial Mathematics is an indispensable field of study with regards to modern society, where a secure future cannot be taken for granted.

Career Opportunities

As an actuarial mathematician you could be hired to work for:

  • insurance companies
  • banks
  • other types of financial institutions
  • consultancy firms

Your work will be to solve statistical problems and deal with risk theory in relation to various types of insurance. Additionally, you can gain employment in public administration or within higher education.

Programme Structure

Courses include:

  • Stochastic Processes in Non-Life Insurance
  • Quantitative Risk Management
  • Stochastic Processes in Life Insurance
  • Continuous Time Finance
  • Topics in Life Insurance
  • Topics in Non-Life Insurance

Key information


  • Full-time
    • 24 months

Start dates & application deadlines




120 ECTS


On Campus

Academic requirements

We are not aware of any academic requirements for this programme.

English requirements

TOEFL admission requirements TOEFL® IBT The TOEFL iBT® is given online through the internet at designated testing site. The test measures your English-language abilities in an academic setting. The score refers to the total score of 4 subjects (writing, listening, speaking, and reading), each subject has a range of 0 - 30.
IELTS admission requirements IELTS The International English Language Test System (IELTS) tests your English-language proficiency on a scale of 1 – 9. The score refers to the combined average score of 4 subjects (writing, listening, speaking, and reading).

Other requirements

General requirements

  • If you have completed a Bachelor’s degree or are enrolled in the final semester of a Bachelor’s programme you are eligible to apply for the Master’s programme in Actuarial Mathematics.

Applicants with a related Bachelor’s degree in the following:

  • Computer Science, Physics or Chemistry from the University of Copenhagen or other Danish or international universities
  • Mathematics or Mathematics-Economics from Danish or international universities

Tuition Fee

  • International

    11760 EUR/year
    Tuition Fee
    Based on the original amount of 5880 EUR per semester and a duration of 24 months.
  • EU/EEA

    Tuition Fee
    Based on the original amount of 0 EUR per semester and a duration of 24 months.

Tuition fee: DKK 40,000 per semester


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.

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Actuarial Mathematics
University of Copenhagen