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Stochastic Modelling, Statistics and Risk Analysis

University of Oslo

Master On Campus
24 months
Duration
Free
Free
Unknown
Tuition fee
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

A brief description of the programme

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:

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

Key information

Duration

  • Full-time
    • 24 months

Start dates & application deadlines

Language

English

Credits

120 ECTS

Delivered

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.
90
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).
6.5

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

  • International

    Free
    Tuition Fee
    Based on the original amount of 0 EUR for the full programme and a duration of 24 months.
  • EU/EEA

    Free
    Tuition Fee
    Based on the original amount of 0 EUR for the full programme and a duration of 24 months.

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.

Fresh content

Updated in the last 3 months

Check the official programme website for potential updates.

Stochastic Modelling, Statistics and Risk Analysis
-
University of Oslo

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