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Masters
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Natural & Applied Sciences
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Master in Financial and Actuarial Mathematics - Vilnius
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MASTERS

Master in Financial and Actuarial Mathematics - Vilnius

Vilnius University
Vilnius, Lithuania
On campus
Full-time
€5,538.00/year
 1162 Points
Duration
1 Year, 6 Months
Language
English
Start date
Sep 2025

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Program Description

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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