Financial and Actuarial Mathematics

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IDENTIFICATION

Name of programme
Financial and Actuarial Mathematics
Scope of programme (ECTS)
90
Level 
Second Cycle studies
Study area 
Physical Sciences
Qualification awarded
Master in Finance and actuarial mathematics
Language of instruction
English
Length of programme (years)
1,5
Tuition fee
 1255 EURO per one semester

  • The team of professors of the programme led by the member of the Lithuanian Academy of Sciences V. Paulauskas include both highly qualified scholars and practicioners of insurance (the associated professor G. Bakštys is chielf actuary of ERGO Life Insurance SE).
  • Masters in financial and actuarial mathematics can work as actuaries, financial specialists and consultants, risk managers in insurance companies, banks, investment or pension funds, consult bureaux, etc.
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SPECIFIC ADMISSION REQUIREMENTS AND SELECTION CRITERIA

The applicant must have either the bachelor's degree in financial and actuarial mathematics, or the bachelor's degree in other disciplines, provided that he/she has sufficient prerequisites.

Prerequisite courses

Microeconomics and macroeconomics (at least 4 ECTS credits). Probability theory (including random process theory) and mathematical statistics (at least 8 ECTS credits). Other disciplines of mathematics (at least 20 ECTS credits). Basics of financial and actuarial mathematics (at least 10 ECTS credits).

Admission rules

The applicants will be admitted to the program according their grades during bachelor degree studies. Also we require for applicants to provide with application the names and contacts (e-mail address, phone) of two persons from their universities who can recommend the applicant for master studies in actuarial and financial mathematics.

ACADEMIC CONTACT

Vygantas Paulauskas,
Naugarduko 24, Vilnius
Tel. +(370 5) 2193083
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

ADMISSIONS CONTACT

Ingrida Kelpsaite
Tel. +(370 5) 2687183
e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.