Μ.Sc. in Quantitative Actuarial and Financial Risk Management

Master of Science (Μ.Sc.) in Quantitative Actuarial and Financial Risk Management

STUDIES OBJECTIVE

​The Interdepartmental Postgraduate Program entitled "Postgraduate Diploma in Quantitative Actuarial and Financial Risk Management" aims to provide specialized postgraduate level knowledge in the key areas of Actuarial and Financial Risk Management with an emphasis on Quantitative Methods. Purpose of the program is the training of postgraduate students in the statistical-quantitative analysis of financial and actuarial data and the development of modern techniques in estimating / anticipating business risks in financial and insurance-actuarial products.

The program focuses on the following fields:

1. Stochastic and statistic modeling of financial, insurance and actuarial risk. 
2. Risk management techniques 
3. Selection techniques for financial and insurance portfolios

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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. 

Memorandum of Cooperation between the Athens University of Economics and the Association of Insurance Companies of Greece.

Course List:

​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)

• Instructions (in Greek)

• First Pages

• Instructions for delivering the thesis (in Greek)

• Devision Regulation (in Greek)

You can find a short description of the courses here.

The programs regulation is here (in Greek).

​Proclamation for the academic year 2023-24.

The study guide for the program can be found here.

Course and Exams program can be found here.

Website

Quality Assurance Policy for the M.Sc. in Quantitative Actuarial and Financial Risk Management