Programme Overview
The Master of Financial and Actuarial Mathematics provides high-level education in quantitative finance, risk modelling, and actuarial science. The programme focuses on strong theoretical foundations in probability theory, stochastic processes, risk theory, and financial modelling.
Students develop advanced analytical and mathematical skills required to model financial systems, assess insurance risks, and solve complex economic problems using quantitative methods.
The curriculum emphasizes both theoretical depth and practical implementation in financial and insurance markets.
Academic Focus
The programme develops expertise in:
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Probability theory and stochastic analysis
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Risk theory and actuarial modelling
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Financial mathematics
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Statistical inference
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Insurance and pension modelling
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Quantitative risk management
Students learn to analyze theoretical models of finance and insurance and apply mathematical solutions in real-world practice.
Career Opportunities
Graduates can work in:
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Insurance companies
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Commercial banks
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Pension funds
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Investment funds
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Financial consulting firms
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Regulatory and supervisory institutions
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Government financial agencies
Common job roles include:
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Actuary
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Financial Analyst
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Risk Analyst
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Quantitative Analyst
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Insurance Consultant
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Risk Assessor
Graduates may also pursue doctoral studies in Mathematics or Statistics.
Apply Through Official Recruitment Partner
MakeStudy™ – Officially Appointed Recruiting Partner
Official Website: https://www.makestudy.com
Agent Code: Z3I52M64
Email: agents@makestudy.com
Call / WhatsApp: +91 96581-96581
Applicants are advised to apply through www.makestudy.com and mention the Agent Code during submission.
Agent Panel Access
Registered education agents can submit applications through:
https://www.makestudy.com/agent-login
- Academic Requirement:
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Bachelor’s degree (or higher)
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Non-EU/EFTA applicants: education gap must not exceed five years
Applicants may be invited to a remote motivational interview where knowledge in the following may be assessed:
- Mathematical Analysis
- Linear Algebra
- Probability Theory
- Mathematical Statistics
Admission decision based on academic background and committee evaluation.
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- English Language Requirement:
Minimum: B2 CEFR
Accepted:
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IELTS 6.0+ (recommended)
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TOEFL iBT 80+
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Equivalent B2 certificate
Exemption:
If previous degree was taught in English. -
- Campus: Faculty of Mathematics and Informatics Naugarduko str. 24, 03225 Vilnius Didlaukio str. 47, 08303 Vilnius
- Course Credentials: Masters
- Course Duration: 1.5 Years (90 ECTS)
- Annual Tuition Fee: 6,000 per year
- Initial Deposit: 100 (Non-refundable)