The Master of Science in Actuarial Mathematics and Quantitative Risk degree is designed to provide fundamental concepts of actuarial science with an emphasis on mathematical methods and ensuing models to evaluate, manage and control actuarial risk. The program will introduce insurance strategies and their financial instruments.

Program Objectives

• Introduce the students to the probabilistic and statistical models and methods of Actuarial Science;

• Master the methods and techniques for actuarial risk evaluation, management and control;

• Analyze and construct innovative insurance strategies and the corresponding banking instruments;

• Successfully pass the examinations of the SOA. 

Program Outcomes

Upon completion of the program, student should be able to:

• Model typical long term and short-term insurance related risks and losses;

•  Apply the mathematical models and methods of Actuarial Science, e.g. to control insurance losses and risks;

• Design insurance strategies and instruments, provide decision support, and improve existing practices in the insurance industry