Quantitative Finance and Actuarial Science
Žiemos stojimas
2025-02-01
Žiemos stojimas
2024-11-25
Apply and develop advanced mathematical and statistical tools to tackle financial challenges, ranging from price setting to risk management and policy advice. You will acquire a strong and fundamental background in quantitative finance, which prepares you for existing and new technological developments in the broad area of finance and insurance.
Use and develop a wide array of advanced mathematical and statistical models for risk measurement and risk management for banks, financial institutions, insurance companies, pension funds and governments. Being fully trained in generic methods for responsible risk management both in finance and in insurance, gives you a competitive advantage on the job market.
Become a highly qualified specialist in the area of quantitative finance and insurance, a field that uses sophisticated mathematical, statistical, and data science techniques for risk management, valuation, product design, regulation and more.
- Being fully trained in generic methods for responsible risk management in the financial sector, gives you a competitive advantage on the job market.
- Customize your program with many electives.
- Intensive contacts with industrial partners ensure a strong connection to practical aspects of the business world, leading to excellent internship opportunities, for instance.
- In the first semester of the regular program, you can also apply for the following advanced programs:
- The Extended Master's Program, which adds a half year traineeship to your regular Master's program.
- The QTEM network program, which adds an additional year to the program which you spend at a QTEM partner university and corporate partner.
Typical courses are:
- Valuation and Risk Management
- Asset Liability Management
- Empirical Finance
- Risk and Regulation
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.
SVARBU: anglų kalbos testo sertifikatą privaloma pateikti kartu su visais dokumentais, atsiunčiant anketą. Universitetas nesvarsto stojimo anketų be anglų kalbos testo rezultatų, todėl sertifikatą privaloma pateikti iki stojimo pabaigos. Anglų kalbos žinias gali patvirtinti vienu iš šių būdų:
- IELTS – 6.5, ne mažiau nei 6.0 iš kiekvienos dalies
- TOEFL – 90
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.
