Mathematical Finance and Actuarial Science

Course of studies

Degree

Master

Duration of study (semesters)

4

Language

Deutsch, Englisch

Location

Garching

Description of course of studies

Mathematical Finance and Actuarial Science is a full-time master’s program with a standard period of four semesters. This program requires a bachelor’s degree in mathematics or a comparable.

A high-quality mathematical education, specifically in the fields of modern Probability Theory and Statistics, as well as in the fields of Optimization and Numerics, enables students to create and analyze complex models specifically suited to finance and actuarial mathematical assignments and to other general uses in economics.

The Mathematical Finance and Actuarial Science course of study at the TUM is meant to prepare students pursuing future careers in: banks, insurance companies, public utilities, consulting companies and public authorities as well as in research and development departments of large corporations. Graduates of this course of study will be qualified to work in fields such as: Financial Engineering, Risk and Portfolio Management, Actuarial Science, Controlling, Marketing, Auditing, Tax Accounting and Commercial Data Processing.

Major fields of study

One of the following fields of study should be selected as an area of concentration: Mathematical Finance or Actuarial Science

Course of studies

Mathematical Finance and Actuarial Science

Internship

Internship

An at least 4-week internship at research, economic or industrial facilities is a compulsory part of the program.

Internship (Link)

http://www.ma.tum.de/stud/praktikum

Application and admission

Application

Online-application:http://www.tum.de/en/studies/before-your-studies/application-and-acceptance/

Aptitude test

yes

Start of course

Summer and winter (recommended) semester

Application Period

Winter semester: 01.04 - 31.05
Summer semester: 01.10- 31.12

Admission notification

Online after verification of application documents

Application documents

Please see http://www.ma.tum.de/Studium/UnterlagenEn
Attention! You will get a checklist of the required documents after completing the online application.

Application documents (International students)

Please see http://www.ma.tum.de/Studium/UnterlagenEn
Attention! You will get a checklist of the required documents after completing the online application.

Application form/ Online application (Link)

http://www.tum.de/en/studies/before-your-studies/application-and-acceptance/filling-out-an-online-application/

Further information on admission procedure (link)

http://www.ma.tum.de/Studium/EfV_MScEn

Information | Counselling

Academic counseling

PD Dr. Aleksey Min

General student counseling (Link)

http://portal.mytum.de/studium/studienberatung/

Contact

Studienberatung

Study and examination regulations

Examination regulations (Link)

http://www.ma.tum.de/Studium/Pruefungsordnungen

Examination information

Examination and academic issues will be handled by the secretary of examination board.

Examination Board (link)

http://www.ma.tum.de/Studium/Pruefungsausschuss

Further links

Website of course of studies (link)

http://studium.ma.tum.de/Studium/MScFAS

Department website

http://www.ma.tum.de

Student´s representatives (link)

http://www.fs.tum.de/FSMPI

Women's representatives (link)

http://www.genderzentrum.tum.de/en/wir-ueber-uns/contacts-in-faculties/

Study abroad program coordinator

Frau C. Jumpertz