Overview

In this Master's programme, 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

+ Track specific courses

Key information

Duration

Full-time
- 12 months

Start dates & application deadlines

Starting 2023-09-01 00:00:00
- Apply before 2023-04-01 00:00:00 , International
- Apply before 2023-05-01 00:00:00 , EEA/EU
- Apply before 2023-06-01 00:00:00 , National

Language

English

IELTS

6.5

Start preparing for IELTS today!

TOEFL^® IBT

92

Credits

60 ECTS

Delivered

On Campus

Disciplines

Mathematics Finance Actuarial Science View 67 other Masters in Finance in Netherlands

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

Start preparing for IELTS today!

TOEFL^® IBT

92

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.

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

Tuition Fee

To always see correct tuition fees

International

16500 EUR/year

Tuition Fee

Based on the tuition of 16500 EUR per year during 12 months.
EU/EEA

2314 EUR/year

Tuition Fee

Based on the tuition of 2314 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

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.

Studyportals Scholarship Deadline: 30 June 2020

Apply and win up to €10000 to cover your tuition fees.

Studyportals Scholarship Deadline: 30 June 2020

Apply and win up to €10000 to cover your tuition fees.

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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