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Financial and Actuarial Mathematics (MA)(Vilnius University)

by: Vilnius University (Faculty of Mathematics and Informatics)

High-profile education in financial and actuarial mathematics with an emphasis on the theoretical foundation of various methods and techniques of probability theory, stochastic analysis, risk theory, and related fields. Graduates of the programme are qualified to analyze and solve problems in theoretical models of finance and insurance, with the implementation of obtained solutions in practice. The programme provides a solid, high-level theoretical foundation needed to understand and apply state-of-the-art research results in practice. Students learn the possibilities and restrictions of popular financial and actuarial models, tools, and ideas.

Program Highlights

Gain a solid high-level theoretical foundation needed to understand and apply state-of-the-art research results in practice.

Develop the competencies needed for the international labor market through the Financial and Actuarial Mathematics Master’s program.

Work in the insurance companies, banks, pension and investment funds, consulting firms, government agencies, etc.

Work in financial analysts, risk assessors, consultants both for Lithuanian and foreign institutions supervising financial and insurance markets.

Pursue further studies at the doctoral level in Mathematics and/or Statistics after graduating.

Quick Details

Locations:
  • Vilnius, Lithuania
Starts At: $2000-$5000, $5000+
Availability
Year(s) Offered: 2026, 2027, 2028, 2029
Age Requirement: 18+
Types & Subjects
Degree Levels:
  • Masters
Subjects & Courses:
  • Economics
  • Mathematics
  • Statistics
Guidelines
Nationalities:
  • Afghani
  • Albanian
  • Algerian
  • American
  • Andorran
  • Angolan
  • Antarctica
  • Antiguan & Barbudan
  • Argentinian
  • Armenian
  • Aruban
  • Asian
  • Australian
  • Austrian
  • Azerbaijani
  • Bahamian
  • Bahraini
  • Bangladeshi
  • Barbadian
  • Basotho
  • Belgian
  • Belizean
  • Beninese
  • Bermudian
  • Bhutanese
  • Bissau-Guinean
  • Bolivian
  • Bonaire
  • Bosnian
  • Botswana
  • Brazilian
  • British
  • British Virgin Islander
  • Bruneian
  • Bulgarian
  • Burkinabe
  • Burundian
  • Cambodian
  • Cameroonian
  • Canadian
  • Cape Verdean
  • Caymanian
  • Central African
  • Chadian
  • Channel Islander
  • Chilean
  • Chinese
  • Colombian
  • Comoran
  • Congolese
  • Cook Islander
  • Costa Rican
  • Creole
  • Croatian
  • Cuban
  • Curacao
  • Cypriot
  • Czech
  • Danish
  • Djibouti
  • Dominican
  • Dutch
  • Ecuadorian
  • Egyptian
  • Emirati
  • English
  • Equatorial Guinean
  • Eritrean
  • Estonian
  • Ethiopian
  • European
  • Fijian
  • Filipino
  • Finnish
  • French
  • Gabonese
  • Gambian
  • Georgian
  • German
  • Ghanaian
  • Gibraltarian
  • Greek
  • Greenlandic
  • Grenadian
  • Guadeloupian
  • Guatemalan
  • Guinean
  • Guyanese
  • Haitian
  • Hawaiian
  • Honduran
  • Hungarian
  • I-Kiribati
  • Icelandic
  • Indian
  • Indonesian
  • Iranian
  • Iraqi
  • Irish
  • Israeli
  • Italian
  • Ivorian
  • Jamaican
  • Japanese
  • Jordanian
  • Kazakhstani
  • Kenyan
  • Kittitian, Nevisian
  • Kiwi
  • Korean
  • Kuwaiti
  • Kyrgyzstani
  • Lao or Laotian
  • Latvian
  • Lebanese
  • Liberian
  • Libyan
  • Liechtenstein
  • Lithuanian
  • Luxembourg
  • Macedonian
  • Malagasy
  • Malawian
  • Malaysian
  • Maldivian
  • Malian
  • Maltese
  • Manx
  • Marshallese
  • Martiniquais
  • Mauritanian
  • Mauritian
  • Mexican
  • Micronesian
  • Moldovan
  • Monegasque
  • Mongolian
  • Montenegrin
  • Montserratian
  • Moroccan
  • Mozambican
  • multi
  • Myanmar
  • Namibian
  • Nauruan
  • Nepalese
  • New Caledonian
  • Ni-Vanuatu
  • Nicaraguan
  • Nigerian
  • Nigerien
  • Niuean
  • Norwegian
  • Omani
  • Pakistani
  • Palauan
  • Palestinian
  • Panamanian
  • Papua New Guinean
  • Paraguayan
  • Peruvian
  • Polish
  • Polynesian
  • Portuguese
  • Puerto Rican
  • Qatari
  • Reunionese
  • Romanian
  • Rwandan
  • Saban
  • Sahrawian, Sahraouian
  • Saint Helenian
  • Saint Lucian
  • Saint Vincentian or Vincentian
  • Salvadoran
  • Sammarinese
  • Samoan
  • Sao Tomean
  • Saudi Arabian
  • Scottish
  • Senegalese
  • Serbian
  • Serbian; Montenegrin
  • Seychelles
  • Sierra Leonean
  • Singaporean
  • Slovak
  • Slovenian
  • Solomon Islander
  • Somali
  • South African
  • South Sudanese
  • Spanish
  • Sri Lankan
  • St. Barts
  • Statian
  • Sudanese
  • Surinamese
  • Swazi
  • Swedish
  • Swiss
  • Syrian
  • Tahiti
  • Taiwanese
  • Tajikistani
  • Tanzanian
  • Thai
  • The Vatican
  • Tibet
  • Timorese
  • Togolese
  • Tongan
  • Trinidadian, Tobagonian
  • Tunisian
  • Turkish
  • Turkmen
  • Turks and Caicos
  • Tuvaluan
  • Ugandan
  • Ukrainian
  • Uruguayan
  • Uzbekistani
  • Venezuelan
  • Vietnamese
  • Virgin Islander
  • Welsh
  • Yemeni
  • Zambian
  • Zimbabwean
See all program details
Last Updated: Mar 17, 2026

Program Details

Learn all the nitty gritty details you need to know

Locations

  • Vilnius, Lithuania

Types and Subjects

  • Degree Levels
  • Masters
  • Subjects & Courses
  • Economics
  • Mathematics
  • Statistics

Availability

Years Offered: 2026, 2027, 2028, 2029

Age Requirement

18+

Guidelines

Nationalities:
  • Afghani
  • Albanian
  • Algerian
  • American
  • Andorran
  • Angolan
  • Antarctica
  • Antiguan & Barbudan
  • Argentinian
  • Armenian
  • Aruban
  • Asian
  • Australian
  • Austrian
  • Azerbaijani
  • Bahamian
  • Bahraini
  • Bangladeshi
  • Barbadian
  • Basotho
  • Belgian
  • Belizean
  • Beninese
  • Bermudian
  • Bhutanese
  • Bissau-Guinean
  • Bolivian
  • Bonaire
  • Bosnian
  • Botswana
  • Brazilian
  • British
  • British Virgin Islander
  • Bruneian
  • Bulgarian
  • Burkinabe
  • Burundian
  • Cambodian
  • Cameroonian
  • Canadian
  • Cape Verdean
  • Caymanian
  • Central African
  • Chadian
  • Channel Islander
  • Chilean
  • Chinese
  • Colombian
  • Comoran
  • Congolese
  • Cook Islander
  • Costa Rican
  • Creole
  • Croatian
  • Cuban
  • Curacao
  • Cypriot
  • Czech
  • Danish
  • Djibouti
  • Dominican
  • Dutch
  • Ecuadorian
  • Egyptian
  • Emirati
  • English
  • Equatorial Guinean
  • Eritrean
  • Estonian
  • Ethiopian
  • European
  • Fijian
  • Filipino
  • Finnish
  • French
  • Gabonese
  • Gambian
  • Georgian
  • German
  • Ghanaian
  • Gibraltarian
  • Greek
  • Greenlandic
  • Grenadian
  • Guadeloupian
  • Guatemalan
  • Guinean
  • Guyanese
  • Haitian
  • Hawaiian
  • Honduran
  • Hungarian
  • I-Kiribati
  • Icelandic
  • Indian
  • Indonesian
  • Iranian
  • Iraqi
  • Irish
  • Israeli
  • Italian
  • Ivorian
  • Jamaican
  • Japanese
  • Jordanian
  • Kazakhstani
  • Kenyan
  • Kittitian, Nevisian
  • Kiwi
  • Korean
  • Kuwaiti
  • Kyrgyzstani
  • Lao or Laotian
  • Latvian
  • Lebanese
  • Liberian
  • Libyan
  • Liechtenstein
  • Lithuanian
  • Luxembourg
  • Macedonian
  • Malagasy
  • Malawian
  • Malaysian
  • Maldivian
  • Malian
  • Maltese
  • Manx
  • Marshallese
  • Martiniquais
  • Mauritanian
  • Mauritian
  • Mexican
  • Micronesian
  • Moldovan
  • Monegasque
  • Mongolian
  • Montenegrin
  • Montserratian
  • Moroccan
  • Mozambican
  • multi
  • Myanmar
  • Namibian
  • Nauruan
  • Nepalese
  • New Caledonian
  • Ni-Vanuatu
  • Nicaraguan
  • Nigerian
  • Nigerien
  • Niuean
  • Norwegian
  • Omani
  • Pakistani
  • Palauan
  • Palestinian
  • Panamanian
  • Papua New Guinean
  • Paraguayan
  • Peruvian
  • Polish
  • Polynesian
  • Portuguese
  • Puerto Rican
  • Qatari
  • Reunionese
  • Romanian
  • Rwandan
  • Saban
  • Sahrawian, Sahraouian
  • Saint Helenian
  • Saint Lucian
  • Saint Vincentian or Vincentian
  • Salvadoran
  • Sammarinese
  • Samoan
  • Sao Tomean
  • Saudi Arabian
  • Scottish
  • Senegalese
  • Serbian
  • Serbian; Montenegrin
  • Seychelles
  • Sierra Leonean
  • Singaporean
  • Slovak
  • Slovenian
  • Solomon Islander
  • Somali
  • South African
  • South Sudanese
  • Spanish
  • Sri Lankan
  • St. Barts
  • Statian
  • Sudanese
  • Surinamese
  • Swazi
  • Swedish
  • Swiss
  • Syrian
  • Tahiti
  • Taiwanese
  • Tajikistani
  • Tanzanian
  • Thai
  • The Vatican
  • Tibet
  • Timorese
  • Togolese
  • Tongan
  • Trinidadian, Tobagonian
  • Tunisian
  • Turkish
  • Turkmen
  • Turks and Caicos
  • Tuvaluan
  • Ugandan
  • Ukrainian
  • Uruguayan
  • Uzbekistani
  • Venezuelan
  • Vietnamese
  • Virgin Islander
  • Welsh
  • Yemeni
  • Zambian
  • Zimbabwean

Starts At

$2000-$5000, $5000+

Program Cost Includes

  • Tuition & Fees

Accommodation Options

  • Apartment/Flat
  • Independent living
  • Other

Qualifications & Experience

    Language Skills Required

  • English

    Accepted Education Levels

  • Bachelor’s degree

Application Procedures

  • Online Application
  • Transcript
  • Other

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