Overview
Programme Description
In terms of content, the programme builds on the knowledge acquired in the Bachelor's degree programme in Business Mathematics (or the Bachelor's degree programme in Mathematics with Economics as minor subject) at TU Kaiserslautern. In addition to a well-founded basic mathematical education, the student is expected to have already acquired basic knowledge in theoretical and practical aspects of stochastics as well as an in-depth knowledge in probability theory.
On the one hand, the Actuarial and Financial Mathematics programme at University of Kaiserslautern-Landau enables students to assess the possibilities (but also limitations) of mathematical modelling for problems in the financial industry and/or actuarial industry, to develop powerful mathematical models and to put them into practice. On the other hand, students will be introduced to current application-oriented mathematical research in their major field of study. After completing their studies, graduates will be qualified to undertake scientific work and will be able to creatively adapt to new conditions in professional life and demonstrate skills such as classifying scientific findings and being able to apply them in a focused manner.
Programme Structure
Courses include:
- Probability Concepts for Financial Markets
- Non-Life Insurance Mathematics
- Life Insurance Mathematics
- Financial Mathematics
- Seminar Actuarial and Financial Mathematics
- Mathematical Statistics
Key information
Duration
- Full-time
- 24 months
Start dates & application deadlines
- Starting
- Apply before
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- Starting
- Apply before
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Language
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Credits
Delivered
Campus Location
- Kaiserslautern, Germany
Disciplines
Financial Mathematics Actuarial Science View 6 other Masters in Financial Mathematics in GermanyWhat students do after studying
Academic requirements
We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.
English requirements
Prepare for Your English Test
AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.
- Trusted by 300k learners
- 98 accuracy using real exam data
- 4.9/5 student rating
Other requirements
General requirements
- Applicants must have obtained a degree equivalent to the Bachelor of Science in Business Mathematics at TU Kaiserslautern before enrolling as a student here.
- Curriculum vitae (description of the educational and perhaps professional history),
- Evidence of sufficient knowledge of the English language: TOEFL of 550/213/80 points or IELTS (band 6), German high school diploma or proof that the courses and lectures at the former university were taught in English,
- Certified copies of final certificates in German or English (university entrance certificate, Bachelor's degree or an equivalent degree certificate)*,
- Academic transcript (list of all previous courses attended with exam results),
- Brief description of the contents of all mathematical lectures attended at university, at least two letters of recommendation,
- Letter of motivation,
- Chinese, Vietnamese and Mongolian students must submit the APS certificate.
Student Insurance via Studyportals Partner
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Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Kaiserslautern-Landau and/or in Germany, please visit Student Insurance Portal.
Tuition Fees
-
International Applies to you
Applies to youNon-residentsFree -
EU/EEA Applies to you
Applies to youEU/EEA NationalsFree
Additional Details
- At TUK you pay the so-called social contribution per semester of EUR 275
Living costs
Kaiserslautern
The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.
Funding
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Scholarships Information
Below you will find Master's scholarship opportunities for Actuarial and Financial Mathematics.
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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