The Master of Science in Actuarial and Financial Engineering at KU Leuven covers the fundamental concepts of insurance, techniques for quantitative risk management and principles of modelling assets and liabilities.
Financial institutions, insurance companies, pension funds and consultancy agencies are traditionally the most important employment domains. The classical distinction between financial products and insurance products is fading and the programme focuses on general, quantitative skills related to risk management. As a result, students, now technical experts, will have various career opportunities in all-round risk management.
The government also offers interesting career opportunities for insurance experts. Furthermore, students are often involved in the general management of the company for which the students’ financial and actuarial skills can contribute to the analytical decision-making.
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- Actuarial Engineering: Life, Health and Pensions
- Actuarial Engineering: Property and Casualty
- Risk Engineering
- Financial Engineering
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- 24 months
Start dates & application deadlines
- Apply before , International
- Apply before , EEA/EU
DisciplinesApplied Mathematics Statistics Actuarial Science
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We are not aware of any academic requirements for this programme.
We are not aware of any English requirements for this programme.
Most recent information on the programme website: kuleuven.be/ma/MAFEL
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International3500 EUR/yearTuition FeeBased on the tuition of 3500 EUR per year during 24 months.
EU/EEA947 EUR/yearTuition FeeBased on the tuition of 947 EUR per year during 24 months.
Most recent information on www.kuleuven.be/tuitionfees
Living costs for Leuven
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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Apply and win up to €10000 to cover your tuition fees.