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MScActuarial and Financial Engineering

Tuition fee €5,000 per year

There are 8 tuition waivers available for top ranked applicants with EU/EEA/Swiss citizenship in 2022.

More information on tuition fees is available at www.ut.ee/tuition.

NB! Applicants who are not citizens of EU/EEA/Switzerland must pre-pay half of the first semester’s tuition-fee after receiving an admission offer.

Application fee €100 one-time

Application fee is non-refundable.
Further information: www.ut.ee/application-fee

More information

ut.ee/finmath 

Overview

2-year master’s programme prepares specialists for financial sector, banking and insurance industries in quantitative methods of risk assessment and hedging, providing knowledge and skills in two major areas – financial engineering and insurance mathematics. Sound knowledge and interest in mathematics are advantageous to succeeding in this master’s programme.

The ability to derive, implement and use correctly numerical procedures for computing various financial quantities is crucial for being successful in the field of quantitative finance. It is also helps to make better choices when buying an insurance policy or stock options.

Why study Actuarial and Financial Engineering?
• The only programme of this kind in the Nordic region, meeting EU educational standards in actuarial mathematics.
• Special emphasis on applied mathematical models and quantitative methods.
• After graduation, you can pursue your career at banks, insurance companies and financial authorities as an analyst, actuary or risk engineer.
• Study in the University of Tartu Delta Centre which brings together a vibrant community of students, researchers and innovators in the fields of computer science, business and economics, mathematics and statistics.

Programme structure

Please see the programme structure in our Study Information System

Career opportunities

The Actuarial and Financial Engineering master’s programme prepares students for professional opportunities or further PhD studies in Mathematical Statistics at the University of Tartu or elsewhere. The University of Tartu offers doctoral programmes in Mathematics, Economics or Mathematical Statistics with specialisation in Financial Mathematics

Apply now! Fall semester 2022/23
Application period has ended
Studies commence
Aug 29, 2022

Application deadlines apply to citizens of: United States

Apply now! Fall semester 2022/23
Application period has ended
Studies commence
Aug 29, 2022

Application deadlines apply to citizens of: United States

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