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  • Study Type

    Full time available

  • Subject Areas

    Finance

    Mathematics

  • Start Date

    September

  • Course Duration

    2 years

  • Course Type

    MSc

  • Course Fees

    First year: 3000€; Second year: 2000€

  • Last Updated

    05 December 2016

Course content

The Masters 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, in accordance with the Group Consultative Core Syllabus, as well as the course materials of exams FM, C, MFE and MLC of the Society of Actuaries.

The programme offers a solid academic foundation in actuarial science, statistics and finance, providing you the skills to become a successful actuary.

If you do sufficiently well in the programme, as determined by an examiner appointed by the Institute and Faculty of Actuaries, you will be exempt from the following UK professional actuarial examinations: CT1, CT2, CT3, CT4, CT5, CT6 and CT8. If you have a BSc from ISEG you may have also exemption from CT7.

During the fourth semester you may take a training post in an insurance company.

It was accredited by the Agency for Assessment and Accreditation of Higher Education - A3ES


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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