Quantitative Finance and Actuarial Science
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.
National Alumni Survey, 2016 | n=25
Shanghai Ranking, 2017
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
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
- 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
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.
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.
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Interested in the MSc Quantitative Finance and Actuarial Science?
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