Top rated program in the Netherlands - Keuzegids Masters 2018

Quantitative Finance and Actuarial Science

1 year English Starts end of August and end of January

Apply and 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.

number of months until first paid job

National Alumni Survey, 2016 | n=25

in the Netherlands, #4 in Europe, #8 worldwide in Finance

Shanghai Ranking, 2017

in the Netherlands, #3 in Europe, #21 worldwide in Business and Economics

Times Higher Education Ranking, 2017

Program and courses 

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.

Typical courses are:

  • Valuation and Risk Management
  • Asset Liability Management
  • Empirical Finance
  • Issues in Finance and Insurance

Check the program and courses

Students at their graduation ceremony

Career prospects

The career prospects for students of this program are excellent. Alumni of the Master's program in Quantitative Finance and Actuarial Science  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

Alumni facts

  • Number of months until first paid job: 1.1
  • Finds a job within 3 months after graduation: 92%
  • Finds a job within 1 month after graduation: 76%
  •  The gross monthly income per month of graduates in the first year after graduation: €3.226

Source: National Alumni Survey, 2016 (based on an average of our three econometric Master’s programs combined: Econometrics and Mathematical Economics, Quantitative Finance and Actuarial Science, and Business Analytics and Operations Research) | n=25

Students on campus enjoying the good weather

Application and admission

This Master’s program starts:

End of August and end of January

Best preparatory programs:

Bachelor's degree in Econometrics and Operations Research or a similar discipline from a university recognized by the Admissions Board.

Pre-Master’s program:

Available for university (WO) students, but not for Dutch HBO (applied sciences) graduates. The MSc Finance does have a Pre-Master's program available for Dutch HBO graduates.

Tuition fees academic year 2018-2019

€ 2,060*€ 14,500

* The EU rate only applies if you enroll for the program without a Master's degree from a Dutch university. More information about the tuition fees and scholarships available for international students.

Interested in this Master's program?

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More information

Please feel free to contact us for your personal queries. You can contact us on every page of the Master's website. Or find out more by choosing one of the options below.

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Interested in the MSc Quantitative Finance and Actuarial Science?

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