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Technical University Kaiserslautern

Kaiserslautern

Finance & Actuarial Mathematics

Subjects: Finance;Mathematics;Science

M.Sc. | Master of Science

⏳ Duration

4 Semesters

🔠 Teaching Language

English

💶 Application Fee non-EU

No information

💶 Cost per Semester ?

275.0 EUR

💶 Tuition Fees per Semester

No Tuition Fee

⏱️ Application Deadline Summer

15.03.

⏱️ Application Deadline Winter

15.07.

Course description

The two-year master's program in Actuarial and Financial Mathematics is a rigorous, research-focused course designed to equip students with advanced theoretical knowledge and practical skills. This program aims to provide a deep understanding of the complex financial and insurance markets. It bridges the gap between mathematics and financial economics. The curriculum builds on the foundational knowledge gained from a Bachelor's degree in business mathematics or a Bachelor's degree in mathematics with an application subject in economics, particularly from the RPTU in Kaiserslautern. Students are expected to have a solid grounding in basic mathematics, including theoretical and practical knowledge of stochastics and advanced probability theory. This program offers a comprehensive education that prepares students for the challenges of the financial and insurance sectors. It emphasizes the importance of a strong mathematical foundation and the application of these principles in real-world economic contexts.

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Program Information

Study Location	Kaiserslautern
Start Semester	Summer, Winter
Study Form	Full-time
Study Type	Postgraduate
Teaching Language	English
Dual	No
Remote	No
Application Fee non-EU	No information
Study Length	4 Semesters
Tuition Fees per Semester	No Tuition Fee
Cost per Semester	275.0 EUR

Step 2 - Check Application Requirements

⏱️ Application Start Summer

No information

⏱️ Application Deadline Summer

15.03.

⏱️ Application Start Winter

01.05.

⏱️ Application Deadline Winter

15.07.

Application Requirements

Language Requirements

CEFR	No information
IELTS	6
Cambridge (CAE)	No information
TOEFL IBT	79

proof of English language proficiency is required. As proof, TOEFL iBT (score of at least 79) and IELTS (at least 6.0) are accepted. Exemptions for applicants from certain countries apply. Further information can be found on the online application platform. The University of Kaiserslautern requires proof of basic knowledge in the German language. This knowledge can be acquired after enrolment and is not required for admission.

Document Requirements

Leaving certificate of the study courses and - if required - further documents showing final grade, duration of studies, and other performances, e.g. in form of an academic transcript, transcript of records, or equivalent proofs of performance. Description of contents of the courses listed in No. 1. Statement with reasons for the intended takingup of the studies and explanations of study aims. Presentation of professional and personal development (curriculum vitae), if applicable, with descriptions of practical knowledge and experience. Recommendation letters of at least 2 university/college lecturers. The recommendation letters should include statement on how well the applicant completed his/her studies in relation to other candidates of the course of studies.