12 months
15100 EUR/year
2253 EUR/year
Tuition fee
Apply date
Start date


Apply at the Quantitative Finance and Actuarial Science program at Tilburg University and you will develop advanced new mathematical or statistical tools to tackle a wide range of financial and actuarial challenges, ranging from price setting to risk management and policy advice.

Visit the official programme website for more information


Become a highly qualified specialist in the area of quantitative finance and insurance, a field which uses a large array of sophisticated advanced mathematical and statistical models for various applications concerning risk measurement and risk management in finance and insurance.

  • Be trained in generic methods for responsible risk management both in finance and in insurance, giving you a competitive advantage on the job market.
  • Customize your program with many electives, or specialize yourself in Pensions, Aging and Retirement.
  • Ideal stepstone to become a fully qualified actuary: after graduation you are eligible to apply for the part-time Executive Master in Actuarial Science offered the Dutch Actuarial Institute.
  • In the first semester of the regular program, you can also apply for the following on top of programs:* The Extended Master, which adds a traineeship of half a year to the regular Master's program.* The QTEM network program, which adds an additional year to the program which you spend at a QTEM partner university and corporate partner.

Career prospects

The career prospects for students of this program are excellent. Alumni of the Master's program in Quantitative Finance and Actuarial Science from Tilburg University  work, for example, as risk management consultants, actuaries, and investment analysts at banks, insurance companies, pension funds, consulting agencies, trading firms, and government bodies.

You can also become a fully qualified actuary: after graduation you are eligible to apply for the part-time Executive Master in Actuarial Science offered the Dutch Actuarial Institute.

Graduates work or start for example as:
  • Quantitative Risk Consultant at RiskQuest
  • Analyst at Goldman Sachs
  • Actuary at ASR
  • Senior Policy Advisor at the Ministry of Social Affairs and Employment

Programme Structure

Courses include:

  • Empirical Finance (Unit 1)
  • Life Cycle Investment and Pension Systems
  • Valuation and Risk Management
  • Data Science Methods (Unit 3)
  • Issues in Finance and Insurance
  • Panel Data Analysis of Microeconomics Decisions
  • Microeconometrics
  • The Economics and Finance of Pensions
  • Optimalization
  • Decision Making with Business Analytics
  • Seminar Financial markets and Institutions
  • Financial Statement Analysis (Unit 2)
  • Global Banking

Key information


  • Full-time
    • 12 months

Start dates & application deadlines




On Campus

Academic requirements

GRE admission requirements GRE®

Other requirements

General requirements

  • A Bachelor's degree in Econometrics or a similar qualification from a university recognized by the Admissions Board.
  • A solid academic background in mathematics, statistics and economics. Some knowledge of quantitative finance is recommended but not mandatory. 
  • Demonstrating your English language proficiency is a compulsory qualitative admission requirement for this program.

Tuition Fee

To alway see correct tuition fees
  • International

    15100 EUR/year
    Tuition Fee
    Based on the tuition of 15100 EUR for the full programme during 12 months.
  • EU/EEA

    2253 EUR/year
    Tuition Fee
    Based on the tuition of 2253 EUR for the full programme during 12 months.

Living costs for Tilburg

700 - 1100 EUR /month
Living costs

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


Partner Scholarships Tilburg School of Economics and Management (TiSEM)
  • Tuition fee waiver (25%) for non-EU students of non-EU partner universities of the Tilburg School of Economics and Management.

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.

Our partners

Quantitative Finance and Actuarial Science
Tilburg University


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