Mathematical Finance and Actuarial Science

Technical University of Munich · Munich, Germany

Level
Master's
Award
Master of Science
Language
English
Duration
4 semesters
Study mode
Full-time
Campus
Garching b. München
Apply by
Register by 30 November 2026 + 1 more
Starts
Winter and summer semester
Tuition
€12,000

Entry requirements and how to apply

Entry requirements
Applicants must hold a Bachelor's degree in mathematics or an equivalent qualification in a similar field of study. Applicants are qualified if they can show proof of academic achievements that are equivalent to the qualification obtained in the Bachelor's degree programme in mathematics offered by TUM and that meet the requirements of the respective Master's degree programme.
English language requirement
C1 required, please provide an official language certificate, e.g.: PTE Academic: 65 Cambridge English Qualifications: C1 Advanced IELTS Academic: 6.5 TOEFL iBT Home Edition (before 2026): 88 TOEFL iBT (before 2026): 88
German language requirement
No minimum language level required
Application period
The following is valid for applicants from: all countries For the summer semester: 1 October - 30 November The following is valid for applicants from: all countries For the winter semester: 1 February - 31 May
Apply through
Please check this website .

About this programme

Graduates of the Master's programme in Mathematical Finance and Actuarial Science acquire fundamental theoretical, methodological and practical knowledge in financial and actuarial mathematics, risk management, probability theory, statistics, optimisation, numerics and economics, as well as social competencies (e.g. teamwork), and extra-disciplinary qualifications (e.g. foreign language skills). They are able to transfer and apply mathematical concepts to tasks in a business context. Graduates of the programme are qualified to pursue doctoral studies in a variety of mathematical disciplines or to begin their careers in a broad spectrum of business fields.

Related pages

Other degree programmes at Technical University of Munich