Master in Actuarial Science

Location: Portugal: Lisbon

ISEG

Rua do Quelhas, 6 Lisboa, 1200-781 Portugal

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.

Degree Level

Masters Degree

Minimum Education

Bachelors

Cost in US$:

5000 euros

Cost Includes:

Cost Include Description:

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

Credit Available

no

This Program is open to

Worldwide Participant.

Typical Living Arrangements
  • Independent living

Participants Travel to Portugal

Independently

Application Process Involves
  • Online Application plus Application Assessment
  • 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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