Master in Actuarial Science

Portugal

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 just awarded the ECTS label to the Technical University of Lisbon

    Starts: 17/09/2012
    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.

  • Minimum Education

    Bachelors

  • Subject Areas

    • Actuarial Science
  • 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

  • ISEG's Mission Statement

    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.

  • Year Founded

    1911

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