The Master in Actuarial Science at ISEG - Lisbon School of Economics and Management, was designed according to the international requirements for the actuarial profession. It is meant to cover most of the course materials indispensable for the accreditation of an actuary in the European Union.
The programme offers a solid academic foundation in actuarial science, statistics and finance, providing you the skills to become a successful actuary.
Our Masters in Actuarial Science is one of only a few to be accredited by the UK actuarial profession, the Institute and Faculty of Actuaries. A good performance can lead to exemptions from the professional examinations CT1, CT2, CT3, CT4, CT5, CT6 and CT8. If you have a BSc from ISEG you may have also exemption from CT7.
Our Master is also in the SOA (Society of Actuaries, in North America) UCAP list.
During the fourth semester, you may take a training post in an insurance company.
It is accredited by the Portuguese Agency for Assessment and Accreditation of Higher Education - A3ES.
ISEG Actuarial Science Club is entirely managed by our students. They arrange a series of seminars by industry professionals (most of them alumni from our Masters) and popular social events.
Credits: 120 ECTS
Language : English
Application: Online
Core Modules
1st Semester
Computational Tools for Actuaries
Financial Mathematics
Financial Markets and Investments
Probability and Stochastic Processes
Risk Models
2nd Semester
Generalized Linear Models
Loss Reserving
Survival Models and Life Contingencies
Risk Theory
Time Series
3rd Semester
Actuarial Topics
Asset-Liability Management
Finance and Financial Reporting
Models in Finance
Pension Funds
Ratemaking and Experience Raking
Solvency Models
4th Semester
Internship/Project/Dissertation
Visit the
Masters in Actuarial Science
page on the University of Lisbon website for more details!
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