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Preparing your educational journey
Tuition EUR 5,000 (Tuition (Full programme)) — International students; EUR 5,000 (Tuition (Full programme)) — EU/EEA students
Degree Master
Duration 24 months
Deadline 2030-06-18
Delivery On-campus
Location Lisbon, Portugal
Language English

Program Overview

The Actuarial Science at University of Lisbon is a Master programme in Mathematics & Statistics 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 mathematics & statistics. 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 5,000 (Tuition (Full programme)) — International students; EUR 5,000 (Tuition (Full programme)) — EU/EEA students
  5. Location: Lisbon, Portugal

Career Opportunities

Graduates of the Actuarial Science programme are prepared for diverse careers in mathematics & statistics:

  1. Actuary
  2. Quantitative Analyst
  3. Data Analyst
  4. Risk Manager
  5. Financial Modeller
  6. Statistical Researcher

Program Curriculum

Course Structure

  1. Computation Tools for Actuaries
  2. Financial Markets and Investments
  3. Financial Mathematics
  4. Probability and Stochastic Processes
  5. Risk Models
  6. Generalised Linear Models
  7. Loss Reserving
  8. Risk Theory
  9. Survival Models and Life Contingencies
  10. Time Series
  11. Actuarial Topics
  12. Asset-Liability Management
  13. Finance and Financial Reporting
  14. Models in Finance
  15. Pension Funds
  16. Ratemaking and Experience Rating
  17. Solvency Models
  18. Internship/Dissertation/Project

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\xc2\xa0selected according to their BSc marks, CV details and a possible interview.\xc2\xa0
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 5,000 (Tuition (Full programme)) — International students; EUR 5,000 (Tuition (Full programme)) — EU/EEA students

Tuition fees: EUR 5,000 (Tuition (Full programme)) — International students; EUR 5,000 (Tuition (Full programme)) — EU/EEA students

Financial Aid & Scholarships

Contact University of Lisbon 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 University of Lisbon

University of Lisbon logo

University of Lisbon

Lisbon, Portugal

The University of Lisbon is a public research university in Lisbon, and Portugal’s largest university. After its initial foundation as a studium generale in 1290 moved to Coimbra in the 16th...

University Profile
  • Application Deadline 2030-06-18
  • Start Date 2018-09-18
  • Language English
  • Duration 24 months