Description

The Master in Actuarial Science at ISEG was designed according to the international requirements for the actuarial profession. It is meant to cover most of the course materials indispensable for the accreditation of an actuary in the European Union, in accordance with the Group Consultative Core Syllabus, as well as the course materials of exams FM, C and M of the Society of Actuaries.

If you do sufficiently well in the programme, as determined by an examiner appointed by the Institute and Faculty of Actuaries, you will be exempt from the following UK professional actuarial examinations: CT1, CT3, CT5 and CT6. If you have a BSc from ISEG you may have also exemptions from CT2 and CT7.

During the fourth semester you may take a training post in an insurance company.

It was adequated to the Bologna regime and the European Commission has just awarded the ECTS label to the Technical University of Lisbon

Starts:19/09/2011
Credits: 120 ECTS
Language : English
Application: Online (ongoing)

Courses:

1st Semester:
Financial Mathematics
Financial Markets and Investments
Probability and Stochastic Processes
Risk Models

2nd Semester:
Generalized Linear Models
Loss Reserving
Survival Models and Life Contingencies
Risk Theory
Time Series

3rd Semester:
Actuarial Topics
Asset-Liability Management
Models in Finance
Pension Funds
Ratemaking and Experience Raking
Solvency Models

4th Semester:
Internship/Project/Dissertation

Highlights

The programme offers a solid academic foundation in actuarial science, statistics and finance, providing you the skills to become a successful actuary.

Our Master covers the course materials indispensable for the accreditation of an actuary in the European Union, in accordance with the Group Consultative Core Syllabus. It covers also the materials of some of the courses of the Society of Actuaries.

The Master in Actuarial Science at ISEG has recently been evaluated by the Faculty and Institute of Actuaries, the two professional bodies for UK actuaries and an Exemption Recognition agreement awarded. If you do sufficiently well in the programme, as determined by an examiner appointed by the Institute and Faculty of Actuaries, you will be exempt from some of the UK professional actuarial examinations.

Degree Level

Masters Degree

Minimum Education

Bachelors

Subject Areas

• Actuarial Science

Cost in US$:

5000 euros

Program Fees Include:

1st year: 3000 euros
2nd year: 2000 euros

Experience Required

no

This Program is open to

Worldwide Participants.

Typical Living Arrangements

• Independent living

Participants Travel

Independently

Typically Participants Work

Independently

Application Process Involves

• Online Application plus Application Assessment
• Resume

Typically The Application Process Time is

2 months

ISEG's Mission Statement

Founded in 1911, with 97 years, ISEG is a research-oriented institution, whose mission is to instruct capable business and economics students and to train the most skilled managers, providing each with cutting edge knowledge in the corresponding areas of interest. ISEG is one of the top prestigious and experienced business and economics schools based in Portugal, one of the three top-ranked providers in these fields of education at undergraduate, graduate and executive training levels. ISEG distinguishes itself from its competition through a clear focus on top quality research and teaching, and through an intense relationship with the most important public and private Portuguese Institutions and Corporations as well as with the development of long-term relationships between ISEG and its alumni. Its facilities were totally renovated recently providing a top-quality and stimulating academic environment to the personal and professional development of future managers and economists. ISEG looks forward to continue to educate, train and prepare the requisite human resources to ensure that the country continues to modernise and develop in every way, while pursuing the path of scientific research and providing the range of services to meet the future demands of the knowledge economy and the needed skills in top-corporations, in the Civil Service or in any other institutions, either in Portugal or abroad.

Year Founded

1911