Program Structure

Program Structure of the Msc in Quantitative Actuarial and Financial Risk Management

Duration

The duration of the Program is five semesters, of which the 5th is dedicated to the thesis writing.

Classes take place two afternoons per week. 

List of Courses by Semester:

Three obligatory courses are offered in each of the first four semesters  

First Semester

​OBLIGATORY

• Probability and applications using computational techniques (5 ECTS)
• Statistics and applications using computational techniques (5 ECTS)
• Financial Markets and Corporate Finance (5 ECTS)

Second Semester

​OBLIGATORY

• Optimization Techniques and Portfolio Theory (5 ECTS)
• Linear models and Time Series Analysis (5 ECTS)
• Stochastic Processes and Derivative Markets (5 ECTS)

Third Semester

​OBLIGATORY

• Financial Econometrics (5 ECTS)
• Financial Mathematics with Computational Applications (5 ECTS)
• Life Insurance – General Insurance (5 ECTS)

Fourth Semester

​OBLIGATORY

• Insurance Risk Management - Solvency II (5 ECTS)
• Credit and Financial Risk Management (5 ECTS)
• Topics in Insurance and Finance (5 ECTS)

Fifth Semester

Dissertation Thesis (30 ECTS)