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Master overview: The Master's degree offers a complete basic training for future actuaries. An actuary is a business professional who deals with the financial impact of risk and uncertainty.
The programme includes specialized course in risk theory, stochastic processes, compound interest, credibility, mathematics for finance, actuarial modelling for insurance.
Most of the subjects taught involve quantitative risk management training, the actuary's most important working tool. Good knowledge of management, economics and information technology are also necessary to ensure an adequate level of professional expertise.
Who is it for?
- Education background
- Graduates from business school or economics with mathematical background gained by studying probabilities, statistics, econometrics or mathematics applied to social science.
- Graduates from engineering and mathematics
- Graduates from business school or economics with mathematical background gained by studying probabilities, statistics, econometrics or mathematics applied to social science.
- International students
- The courses are delivered in English.
- Fairly inexpensive fees CHF 580 per semester
- This master counts, every year, students from several countries
- Mobility: during their third semester, students may study in a university recognised by UNIL, under an exchange program.
- Opportunity to do an internship abroad
- The courses are delivered in English.
- The Master of Actuarial Science of the University of Lausanne is recognized by the Swiss Association of Actuaries (SAA) and hence also by the European Associations. Moreover, certain courses prepare the students for the first exams of Actuaries (SOA).
- Teaching by professionally qualified academics with strong profile
- This Master is managed by ISA (Institut de Sciences Actuarielles)
- High financial rewards
- High salaries from an actuarial career in most countries in the world
- High salaries from an actuarial career in most countries in the world
- No unemployment in the sector
- The demand of actuaries is higher than the offer. There are approximately 50,000 actuaries around the world. The World Bank has estimated the need of 25,000 more.
- In Switzerland the density of insurance is extremely high
- The demand of actuaries is higher than the offer. There are approximately 50,000 actuaries around the world. The World Bank has estimated the need of 25,000 more.
- Internationally recognised qualification
- This program is fairly inexpensive CHF 580 per semester
- A variety of career prospects: insurance companies, consultants, banks, global companies, government
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Institut de sciences actuarielles HEC Université de Lausanne CH-1015 Lausanne, Suisse (Switzerland) Contact hecmasters@unil.ch |
