Study Stochastic Modelling, Statistics and Risk Analysis Master at University of Oslo | Mastersportal
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Master On Campus

Stochastic Modelling, Statistics and Risk Analysis

24 months
Duration
276000 NOK/year
Free
Unknown
Unknown
Apply date
Unknown
Start date

About

How does an insurance company decide how much your insurance will cost? How can you measure the risk of a financial investment, find an optimal strategy, or set the price of an option? These are some of the questions that you can learn about in the Stochastic Modelling, Statistics and Risk Analysis programme of the University of Oslo.

Overview

Key features

In the Stochastic Modelling, Statistics and Risk Analysis programme of the University of Oslo, you learn to use and develop different tools based on mathematics, probability, statistics and computer science. Such tools are increasingly used to solve problems in many different fields, such as medicine, biotechnology, industry, social sciences, finance and insurance.

The master programme has two options.

  • In the programme option Finance, insurance and risk, you learn to analyze and control various forms of risk using mathematics and information technology, combined with economics, probability and statistics.
  • In the programme option Statistics, you will learn about statistical models and methods and how you can use them to aquire knowledge from data.

Career prospects

After studying, you will have a good foundation for working in a number of areas both in private and public sector. Many of our Master's theses are directly linked to practical problems for companies and institutions in Norway. Some of the master's students who achieve very good academic results continue to pursue a research career by taking a doctorate (PhD) at the University of Oslo or another university.

Programme Structure

Courses include:

  • Stochastic Analysis and Stochastic Differential Equations
  • Mathematical Finance: Modelling and Risk Management
  • Generalized Linear Models
  • Survival and Event History Analysis

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

Credits

120 ECTS

Delivered

On Campus

What students do after studying

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

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 Oslo and/or in Norway, please visit Student Insurance Portal.

Other requirements

General requirements

  • You must have a bachelor’s degree comparable to a Norwegian bachelor’s degree.
  • 4-year bachelor's degree or Licence.
  • You must have a minimum grade average comparable to a Norwegian C in the required specialization. A Norwegian C is described as a good grade, generally comparable to an American B and a Second Class Upper in the British system.
  • Documentation of English language proficiency.
  • Scan and upload your official transcripts documenting that you have completed your upper secondary education.
  • You must scan and upload your official bachelor's degree certificate and academic transcript.
  • Documentation of financing.
  • Passport or ID card.

Tuition Fee

To always see correct tuition fees
  • International

    276000 NOK/year
    Tuition Fee
    Based on the tuition of 276000 NOK per year during 24 months.
  • EU/EEA

    Free
    Tuition Fee
    Based on the tuition of 0 NOK per year during 24 months.

Living costs for Oslo

11682 - 19230 NOK /month
Living costs

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

Funding

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 Stochastic Modelling, Statistics and Risk Analysis.

Available Scholarships

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

Independent provider
Grant
3000 EUR
Deadline
Anytime
Scholarship Scheme set up with the Norwegian University of Science and Technology (NTNU).
Merit-based Need-based

Read more about eligibility

The Anglo-Norse Society - scholarships & grants
Location not available
Independent provider
Grant
1000000 INR
Deadline
Anytime
Education Future International Scholarship
Merit-based

Read more about eligibility

Education Future
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2024
ACES Scholarships
Merit-based Need-based

Read more about eligibility

ACES Education Fund
Location not available
Independent provider
Grant
1000 USD
Deadline
30 Nov 2024
ServiceScape Scholarship
Merit-based Need-based

Read more about eligibility

ServiceScape
Location not available
Independent provider
Grant
Various benefits
Deadline
31 Dec 2024
Grants of the Leopold Figl Foundation for students with residence in Lower Austria
Need-based

Read more about eligibility

Leopold Figl Foundation
Location not available
Independent provider
Grant
Various benefits
Deadline
24 May 2025
Queen Elizabeth Commonwealth Scholarships
Merit-based Need-based

Read more about eligibility

ACU (The Association of Commonweath Universities)
Location not available
Independent provider
Grant
Various benefits
Deadline
Not specified
Erasmus+ - Grants for study mobility
Merit-based

Read more about eligibility

OeAD, Austria's Agency for Education and Internationalisation
Location not available
Independent provider
Grant
25000 USD
Deadline
27 Dec 2024
Atlas Shrugged Essay Contest
Merit-based Need-based

Read more about eligibility

Ayn Rand Institute
Location not available
Independent provider
Grant
7000 USD
Deadline
24 Apr 2025
Go Global MBA Scholarship
Merit-based

Read more about eligibility

educations.com
Location not available
Independent provider
Grant
5000 CAD
Deadline
31 Dec 2024
Pinsky Law New Venture Development Scholarship
Merit-based

Read more about eligibility

Pinsky Law
Location not available
Independent provider
Grant
1000 USD
Deadline
26 Feb 2025
Dream Chaser Scholarship
Merit-based

Read more about eligibility

Salvado Law
Location not available
Independent provider
Grant
90000 AUD
Deadline
Not specified
World Universities Ramsay Postgraduate Scholarship
Merit-based Need-based

Read more about eligibility

The Ramsay Centre
Location not available
Independent provider
Grant
3000 USD
Deadline
31 Dec 2025
Scholarship for students with disabilities
Need-based

Read more about eligibility

Anonymous Hope Fund
Location not available
Independent provider
Grant
2000 USD
Deadline
01 Sep 2025
The Rick Blight Leadership in Action Scholarship for Athletes
Merit-based

Read more about eligibility

Canadian Men’s Health Foundation
Location not available
Independent provider
Grant
12000 USD
Deadline
30 Nov 2024
Tobacco Harm Reduction Scholarship Programme
Merit-based Need-based

Read more about eligibility

The Tobacco Harm Reduction Scholarship Programme
Location not available
Independent provider
Grant
8000 EUR
Deadline
Not specified
Erasmus Mundus Joint Masters scholarships
Merit-based Need-based

Read more about eligibility

European Commission
Location not available
Independent provider
Grant
3500 USD
Deadline
15 Nov 2024
The Bill Walsh Scholarship
Merit-based

Read more about eligibility

ACES: The Society for Editing
Location not available
Independent provider
Grant
3000 USD
Deadline
Not specified
AAPG Foundation Grants-in-Aid
Merit-based Need-based

Read more about eligibility

American Association of Petroleum Geologists Foundation
Location not available
Independent provider
Grant
1000 USD
Deadline
01 Mar 2025
Voice Talent Online Scholarship
Merit-based Need-based

Read more about eligibility

Voice Talent Online
Location not available
Independent provider
Grant
1000 USD
Deadline
10 Dec 2024
PlagiarismSearch 2024 Essay Contest
Merit-based

Read more about eligibility

PlagiarismSearch
Location not available
Independent provider
Grant
1000 USD
Deadline
31 Oct 2024
$1,500 Annual Video Contest Scholarship
Merit-based

Read more about eligibility

IvyPanda
Location not available
Independent provider
Grant
965 USD
Deadline
Anytime
Dr. Martin Blank – SYB Scholarship
Merit-based

Read more about eligibility

Shield Your Body
Location not available
Independent provider
Grant
500 USD
Deadline
31 Oct 2024
CryptoRunner Scholarship
Merit-based Need-based

Read more about eligibility

CryptoRunner
Location not available

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Stochastic Modelling, Statistics and Risk Analysis
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