M.Sc. On Campus

Actuarial Mathematics

University of Copenhagen

24 months
10754 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.

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, Nordic or international universities
  • Mathematics or Mathematics-Economics from Danish, Nordic or international universities
  • Related areas from Danish, Nordic or International Universities.

Tuition Fee

To alway see correct tuition fees
  • International

    10754 EUR/year
    Tuition Fee
    Based on the tuition of 5377 EUR per semester during 24 months.
  • EU/EEA

    Tuition Fee
    Based on the tuition of 0 EUR per semester during 24 months.
  • Tuition fee: DKK 40,000 per semester

Living costs for Copenhagen

7928 - 13456 DKK /month
Living costs

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


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


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