The Masters Programme aims to develop students’ mathematical and computational skills, and also those in financial modelling.
The curriculum includes such subjects as probability theory, stochastic calculus, numerical methods, optimisation and control theory, stochastic finance, interest rate models and credit risk. It thus provides a thorough training in modern mathematical finance. In studying for our Masters, students are put in contact with the most important technical and quantitative topics of finance, both theoretical and applied, which range from mathematical background to the latest trends in the financial sector. Increasingly, the financial sector demands a Masters degree in Mathematical Finance from a prestigious university as a prerequisite for recruitment. Our students have often been recruited by prominente companies whilst still preparing their Masters’ thesis, at both a national and na international level. Amongst others, such companies include: EY, Mercer, KPMG, Deloitte, CGD, the Bank of Portugal, BNP Paribas, BPI, Banque Européenne d’Investissement (EIB), Banque Centrale Européenne, Lloyds Bank, and Santander bank. ISEG - Lisbon School of Economics and Management, of ULisboa, has well established departments of Mathematics, Economics and Management, which enables our students to benefit from the consequent synergies, and it provides excellent conditions for hosting the Masters in Mathematical Finance. This fact, together with the high quality of the academic staff of this Masters, all of whom hold PhDs from prestigious universities (such as the Stockholm School of Economics and the Universities of Oxford, Edinburgh and Barcelona), makes it unique in our country.
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
Computational Tools for Actuaries
Financial Markets and Investments
Probability and Stochastic Processes
Generalized Linear Models
Survival Models and Life Contingencies
Finance and Financial Reporting
Models in Finance
Ratemaking and Experience Raking