OTHER PROGRAM DIRECTORIES

CONNECT WITH US

Master in Actuarial Science

Review this Program

Location

Portugal: Lisbon

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, CT4, CT5, CT6 and CT8. 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 awarded the ECTS label

Starts: 22/09/2014
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

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

2. 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.

3. 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.

Term

Throughout the year

Minimum Education

Bachelors

Subject Areas

  • Actuarial Science
  • Finance
  • Mathematics
  • Statistics

Cost in US$:

5000 euros

Program Fees Include:

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

This Program is open to

Worldwide Participants.

Typical Living Arrangements

  • Independent living

Participants Travel

Independently

Typically Participants Work

Independently

Application Process Involves

  • Online Application
  • Resume

Typically The Application Process Time is

2 months