Overview

In this Actuarial Science and Mathematical Finance at University of Amsterdam, you choose one of the tracks. You will experience a combination of general courses and track-specific courses.

Actuarial Science

The Actuarial Science track provides you with an excellent grounding for your career as an actuary or risk manager. This track offers ample space for electives that can be selected to meet the entry requirements of the post-Master's Actuarial Practice Cycle. With this post-Master's, you will qualify for membership of the Royal Dutch Actuarial Society.

Quantitative Risk Management

The Quantitative Risk Management track provides an excellent grounding for your career as a risk manager. If you choose this track, you will develop a slightly broader foundation in Actuarial Science and Mathematical Finance, featuring 2 extra required courses.

Programme Structure

Courses include:

Asset Liability Management - Cases and Skills

Financial Mathematics for Insurance
Non-Life Insurance: Statistical Techniques and Data Analytics

Principles of the Mathematics and Economics of Risk

Risk Management for Insurers and Pensions

Stochastic Calculus

Key information

Duration

Full-time
- 12 months

Start dates & application deadlines

Starting 2026-09-02 00:00:00
- Apply before 2026-04-01 00:00:00 , International
- Apply before 2026-06-30 00:00:00 , National

Language

English

IELTS

6.5

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TOEFL^® IBT

92

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Credits

60 ECTS

Delivered

On Campus

Campus Location

Amsterdam, Netherlands

Disciplines

Finance Financial Mathematics Actuarial Science View 13 other Masters in Actuarial Science in Netherlands

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Academic requirements

GRE^®

155 _{(quantitative)}

GMAT

620

640 _{(recommended)}

Meeting the entry requirements alone is not a guarantee for admission. Besides the entry requirements you need to meet the selection criteria. This means that your application will be compared with other applicants. The selection is based on your GPA, GRE (GMAT) score, and motivation letter.

We are looking for students who have academic potential to keep up with the high level and workload.

One of the criteria on which your application will be assessed is the Grade Point Average (GPA). We do not require a specific minimum GPA for this programme, but we will compare and assess the performance on all selection criteria to make an informed decision regarding placement into the programme.

English requirements

IELTS

6.5

Free IELTS Mock Tests!

TOEFL^® IBT

92

Schedule TOEFL®

Check IELTS test dates and locations. Book an IELTS test now!

Other requirements

General requirements

If you want to apply for this Master’s programme, you need to hold an academic Bachelor's or Master’s degree in a field that ensures a high level of mathematical proficiency (e.g. Mathematics, Physics or Econometrics), particularly in the fields of calculus, linear algebra, statistics and probability. Additionally, you need to be familiar with the following topics: Linear regression models, Mathematical and empirical finance, Actuarial science, in particular risk theory and elementary life insurance

In your application, you have to verify your English proficiency. You can do this by providing English proficiency test scores

Verify your GRE scores

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Amsterdam and/or in Netherlands, please visit Student Insurance Portal.

Tuition Fee

To always see correct tuition fees

International

34400 EUR/year

Tuition Fee

Based on the tuition of 34400 EUR per year during 12 months.
EU/EEA

2601 EUR/year

Tuition Fee

Based on the tuition of 2601 EUR per year during 12 months.

Living costs for Amsterdam

1000 - 1500 EUR /month

Living costs

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

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

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Scholarships Information

Below you will find Master's scholarship opportunities for Actuarial Science and Mathematical Finance.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

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