Overview

This Actuarial Science programme from ISEG - Lisbon School of Economics and Management covers the core syllabi of the Actuarial Association of Europe and the International Actuarial Association, with a fee minor exceptions, related to concepts that must be covered by the professional association.

Key facts

The Masters in Actuarial Science requires a solid academic background in Mathematical Analysis, Probability and Statistics.

This typically implies holding a bachelor's degree, either national or foreign, in Mathematics, Mathematics with Economics, Statistics or some of the bachelor's degrees in Economics, Finance or Management.

Accreditation

Fully accredited by the UK's Institute and Faculty of Actuaries (IFoA) and listed by the US Society of Actuaries SoA)

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Programme Structure

Courses include:

Computation Tools for Actuaries

Financial Markets and Investments

Financial Mathematics

Probability and Stochastic Processes

Risk Models

Generalized Linear Models

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Key information

Duration

Full-time
- 24 months

Start dates & application deadlines

Starting 2026-09-08 00:00:00
- Apply before 2026-05-18 00:00:00 , EEA/EU
Starting 2027-09-08 00:00:00
- Apply before 2027-03-31 00:00:00 , International

More details

International students (from outside Europe) are not recommended to apply in the 3rd phase due to the time it takes to obtain a visa.

Language

English

TOEFL^® IBT

70

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IELTS

6.5

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Credits

120 ECTS

Delivered

On Campus

Campus Location

Lisbon, Portugal

Disciplines

Actuarial Science View 3 other Masters in Actuarial Science in Portugal

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Academic requirements

GPA

Lower Second Class

English requirements

TOEFL^® IBT

70

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IELTS

6.5

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AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

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98 accuracy using real exam data
4.9/5 student rating

Other requirements

General requirements

Application Documents

Certificate of the undergraduate degree

Academic Transcript

Curriculum vitae

Motivation Letter

English Diploma (optional)

Reference Letter (optional)

Candidates are:

The Masters in Actuarial Science requires a solid academic background in Mathematical Analysis, Probability and Statistics.

This normally implies holding a bachelor's degree, either national or foreign institutions, in Mathematics, Mathematics with Economics, Statistics or some of the bachelor's degrees in Economics, Finance or Management. Applicants from other fields will be considered on a case-by-case basis.

Those students who have not yet completed the 1st Study Cycle (Bachelors) are eligible to apply conditionally, provided that they satisfy the conditions for obtaining the degree by the end of September (of the same academic year as their application).

Student Insurance via Studyportals Partner

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items like Additional medical costs, Repatriation, Liability etc. Make sure your student insurance covers your needs.

Studyportals partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

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Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at ISEG - Lisbon School of Economics and Management and/or in Portugal, please visit Student Insurance Portal.

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Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

4250 EUR / year

≈ 4250 EUR / year
EU/EEA Applies to you

Applies to you

EU/EEA Nationals

3250 EUR / year

≈ 3250 EUR / year

Additional Details

EU/EEA : 1st year - €4,000, 2nd year - €2,500

International: 1st year - €5,000, 2nd year - €3,500

Living costs

Lisbon

Portugal

630 - 1123 EUR / month

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

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

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Scholarships Information

Below you will find Master's scholarship opportunities for Actuarial Science.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Key facts

Accreditation

Get more details

Programme Structure

Check out the full curriculum

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

Explore more key information

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Student Insurance via Studyportals Partner

Make sure you meet all requirements

Tuition Fees

International Applies to you

EU/EEA Applies to you

Additional Details

Living costs

Lisbon

Funding

Check for any work restrictions

Scholarships Information

Available Scholarships

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