Quantitative Finance and Actuarial Sciences: Tilburg University

Course Description

The central theme of Quantitative Finance and Actuarial Science is risk management, which is nowadays usually based upon explicitly quantitative models. Investors apply risk management to weight risk against return, insurers apply it to limit their risks by calculating the appropriate premiums, and option traders balance their books by calculating the sensitivities of their positions with respect to the relevant risk factors. For students who want to continue in Actuarial Sciences towards the title of Actuaris AG, the QFAS programme provides direct access to a post-Master professional education programme offered by the Dutch Actuarial Institute.

The programme consists of 60 Credits (ECTS), equivalent to 1680 hours of study, offered over two semesters. The first semester starts in September, with exams in December and January. The second semester runs from January to June, but is divided in two. From January to March, you will take varying courses.

Career Perspectives

After successful completion of the programme in Quantitative Finance and Actuarial Science, you will be awarded an internationally recognised Master of Science degree, with many career opportunities. To give some examples, graduates in Quantitative Finance and Actuarial Science find their way in:

• Banks and trading houses
• Pension funds
• Insurance companies
• Consultancy agencies such as William M. Mercer, Towers Perrin, etc.
• Central banks and other regulators
• Corporate treasuries
• PhD in Economics or Econometrics

Admission requirments

FEB Bachelor's

If you have a FEB Bachelor's degree in Econometrics and Operations Research, you will have direct access to the Quantitative Finance and Actuarial Science.

University Bachelor's

In order to have access to the Master's programme in Quantitative Finance and Actuarial Science, candidates must meet this diploma requirement: a Bachelor’s degree in Econometrics or a similar programme from a university that is recognised by the Admission Board.