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Tuition EUR 2,000 (Tuition (Year)) — International students; EUR 2,000 (Tuition (Year)) — EU/EEA students
Degree MSc
Duration 24 months
Deadline 2028-02-18
Delivery On-campus
Location Lisbon, Portugal
Language English

Program Overview

The Actuarial Science at ISEG - Lisbon School of Economics and Management is a MSc programme in Business & Management over 24 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.

Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of business & management. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.

Graduates of the Actuarial Science programme are well-prepared for careers in academia, industry, government, and the private sector across Portugal and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.

Key Program Features

  1. Duration: 24 months
  2. Language of instruction: English
  3. Study mode: On-campus
  4. Tuition: EUR 2,000 (Tuition (Year)) — International students; EUR 2,000 (Tuition (Year)) — EU/EEA students
  5. Location: Lisbon, Portugal

Career Opportunities

Graduates of the Actuarial Science programme are prepared for diverse careers in business & management:

  1. Business Analyst
  2. Management Consultant
  3. Product Manager
  4. Strategy Analyst
  5. Operations Manager
  6. Entrepreneur

Program Curriculum

Course Structure

  1. Financial Mathematics 8 ECTS
  2. Financial Markets and Investments 6 ECTS
  3. Risk Models 8 ECTS
  4. Probability and Stochastic Processes 8 ECTS
  5. Survival Models and Life Contingencies 8 ECTS
  6. Time Series 6 ECTS
  7. Generalized Linear Models 4 ECTS
  8. Loss Reserving 4 ECTS
  9. Risk Theory 8 ECTS
  10. Pension Funds 4 ECTS
  11. Asset-Liability Management 4 ECTS
  12. Solvency Models 4 ECTS
  13. Models in Finance 8 ECTS
  14. Ratemaking and Experience Raking 4 ECTS
  15. Actuarial Topics 6 ECTS

Admission Requirements

Academic Requirements

We will consider candidates with a good Bachelors degree in Mathematics, Economics, Finance or Management or other highly quantitative programme such as Statistics or Physics. We require a solid academic background in Mathematical Analysis and Statistics. The candidates will be selected according to their BSc marks, CV details and a possible interview.

If you are in the last year of your BSc you may apply, on the basis of the expected mark. Your application will be conditionally considered.

Tuition & Financial Information

Tuition Fee

EUR 2,000 (Tuition (Year)) — International students; EUR 2,000 (Tuition (Year)) — EU/EEA students

Tuition fees: EUR 2,000 (Tuition (Year)) — International students; EUR 2,000 (Tuition (Year)) — EU/EEA students

Financial Aid & Scholarships

Contact ISEG - Lisbon School of Economics and Management directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.

About ISEG - Lisbon School of Economics and Management

ISEG - Lisbon School of Economics and Management logo

ISEG - Lisbon School of Economics and Management

Lisbon, Portugal

Visit the university profile page to learn more about this institution.

University Profile
  • Application Deadline 2028-02-18
  • Start Date 2018-09-18
  • Language English
  • Duration 24 months