The Master in Financial and Actuarial Mathematics provides a high-profile education in financial and actuarial mathematics, with an emphasis on the theoretical foundations of various methods and techniques in probability theory, stochastic analyses, risk theory, and the related fields. Graduates of the program are qualified to analyse and solve problems in theoretical models of finance and insurance, with the implementation of their obtained solutions in practice.
Entry Requirements
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Why choose this program?
The program provides the solid high-level theoretical foundation needed to understand and apply state-of-the-art research results in practice. Students learn about the possibilities and restrictions of popular financial and actuarial models, tools and ideas.
The Financial and Actuarial Mathematics Master’s program supports students in developing the competencies needed for the international labour market; in particular, the brightest students are strongly encouraged to pursue an academic career.
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Learning Outcomes
Students possess logical thinking, a creative view toward professional activities, and know how to apply theory in practice.
Any graduate of the Master’s program graduate in Financial and Actuarial Mathematics can also choose to pursue an academic career by enrolling in a PhD programme either at Vilnius University or abroad.
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Curriculum
Semester 1
Compulsory Courses
Financial Technology Models
Selected Topics in Analysis
Stochastic Analysis
Probability Theory and Mathematical Statistics
Optional Courses
Time Series Analysis
Data Mining
Semester 2
Compulsory Courses
Risk Measures
Applied Actuarial Mathematics
Risk Renewal Models
Optional Courses
Asset Allocation
Stochastic Models of Financial Mathematics
Discrete Market Models
Bayesian Statistics
Multidimensional Data Visualization
Deep Learning Methods
Modern Finance Mathematics
Java Technologies
Semester 3
Courses
Final Thesis
Jobs - Careers
Actuary
Financial Analyst
Risk Assessor
Consultant
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