High-profile education in financial and actuarial mathematics with an emphasis on the theoretical foundation of various methods and techniques of probability theory, stochastic analysis, risk theory, and related fields.
Work in the insurance companies, banks, pension and investment funds, consulting firms, government agencies, etc. (e.g., as actuaries, financial analysts, risk assessors, consultants both for Lithuanian and foreign institutions supervising financial and insurance markets).
The graduates of Financial and Actuarial Mathematics study programme at Vilnius University can also pursue further studies at the doctoral level in Mathematics and/or Statistics.
- Financial Technology Models
- Selected Topics in Analysis
- Stochastic Analysis
- Probability Theory and Mathematical Statistics
- Time Series Analysis
- 18 months
Start dates & application deadlines
- Apply before , International
- Apply before , EEA/EU
DisciplinesMathematics Financial Mathematics Statistics
We are not aware of any academic requirements for this programme.
- At least first level studies leading with a bachelor diploma are required
- English language proficiency - the level not lower than B2 (following the Common Framework of Reference for Language approved by the Council of Europe);
- Assessment of motivation is held by electronic means remotely
International5000 EUR/yearTuition FeeBased on the tuition of 5000 EUR per year during 18 months.
EU/EEA4916 EUR/yearTuition FeeBased on the tuition of 4916 EUR per year during 18 months.
Living costs for Vilnius
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
- The Grand Duchy of Lithuania Scholarship
- Tuition fee waivers and scholarships to apply before studies
- Scholarships to get during the study period
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.
Apply and win up to €10000 to cover your tuition fees.