Quantitative Finance and Actuarial Science

Universitetas
Tilburg University
Miestas, šalis
Tilburg, Netherlands
Studijų trukmė
1 m.
Programos sritys
Finance
Studijų kaina
2143.00 EUR
Laipsnis
Master
Programos pradžia
2020-09-01
Stojimo pabaiga
2020-04-15
Apie programą
Stojimo reikalavimai
Karjeros galimybės

If you are interested in mathematics and finance and you want to learn how to use mathematics and statistics to solve real financial and actuarial problems, the Master's program in Quantitative Finance and Actuarial Science is the program for you.

Risk management through the lens of quantitative models

The Master's program in Quantitative Finance and Actuarial Science takes the critical field of risk management as its central theme, examined through the lens of quantitative models. Taught by the leading international academics of Tilburg University, content reflects the forefront of world developments in which:

  • Investors weigh risks against returns;
  • insurers limit their risks by calculating the appropriate premiums;
  • option traders balance their books by calculating the sensitivities of their positions with respect to the relevant risk factors.

Delve into these challenging worlds of continuous time finance, empirical applications, and the actuarial sciences of risk theory and asset liability management - giving you a tool-kit of highly practical skills you can apply throughout your entire financial career.

Rankings

#11 worldwide in Business and Economics Times Higher Education Ranking, 2016

#37 worldwide in Economics & Econometrics QS World University Rankings

#1 in it's field according to Elsevier Best Studies

#18 in the world in Economics and Business - Global Universities Ranking US News, 2016

#1 in the Netherlands, #2 in Europe, #8 worldwide in Finance Shanghai Subject Ranking

Reikalaujamas išsilavinimas

Į magistro studijų programas gali stoti visi, baigę universitetą arba besimokantys paskutiniame kurse. Studijos kurias baigei ar tebesimokai turi būti panašios krypties kaip ir tos, į kurias nori stoti, kadangi priėmimas yra paremtas ECTS kreditų suderinamumu.

  • ECTS kreditų išrašas - jei dar nesi baigęs aukštosios mokyklos, būtina prisegti ECTS kreditų išrašą, kuriame būtų matyti, kokius dalykus Tu mokeisi bei kokius pažymius ir kiek kreditų už juos gavai. Kai siunti anketą paskutiniame kurse, diplomą reikia prisegti vėliau, kai tik jį gausi.
  • Bakalauro diplomas – jei jau esi baigęs aukštąją mokyklą, išrašo nereikia, užtenka prie anketos prisegti savo Bakalauro diplomą.
Anglų kalbos reikalavimai

Anglų kalbos žinias gali patvirtinti vienu iš šių būdų:

  • IELTS – 6.5 (ne mažiau nei 6.0 iš kiekvienos dalies)
  • TOEFL – 90
Svarbūs reikalavimai

1. Educational background/diplomas

  • To be eligible for the Master's in Quantitative Finance and Actuarial Science program you will need a Bachelor's degree in Econometrics or a similar discipline from a university recognized by the Admissions Board.

  • We require you to have a solid academic background in mathematics and statistics and some knowledge of finance. The following literature gives you an idea of the level of mathematical and statistical ability we require for entry into the program:

    • L.J.Bain & M.Engelhardt, Introduction to Probability and Mathematical Statistics, Duxbury, 2nd edition

    • William F. Trench, Introduction to real Analysis, (2013), Books and Monographs, book 7

    • D.C. Lay, Linear Algebra and its Applications, Pearson, 4th edition

  • Our Admissions Board may give you the opportunity to rectify deficiencies (max. 30 ECTS) during a Pre-Master's program.

2. GRE General Test

It is compulsory for this program to submit your GRE General Test.

  • Our incoming students usually score above the 75% percentile. The GRE institution code for Tilburg University is 0730.

  • Students with a relevant degree from one of the official partner universities of the Tilburg School of Economics and Management may apply without GRE.

Future jobs

Your Master's degree in Quantitative Finance and Actuarial Science from Tilburg University will open up extensive career opportunities for you in the private sector, as well as in the public and non-profit sectors.

Graduates of our program currently pursue successful careers at:

  • Banks

  • Insurance companies

  • Pension funds

  • Consulting agencies

  • Trading firms

  • Corporate treasuries and risk control departments

  • Regulatory institutions and government bodies.

Graduates of the Master's program in Quantitative Finance and Actuarial Science have excellent career perspectives. Institutions in the area of finance and insurance nowadays are using a large array of sophisticated models for various business tasks, ranging from price setting to risk management and policy analysis. In order to remain competitive, institutions need a continuous inflow of highly qualified specialists. For the implementation of higher and more accurate safety standards, imposed in the wake of the 2008 financial crisis, even more specialists are needed.

There is a cross-fertilization of concepts and techniques between finance on the one hand and insurance on the other hand; Graduates of the Master's program in Quantitative Finance and Actuarial Science are at an advantage here since they have been trained to think in both ways.