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Ludwig Maximilians University Munich


Financial and Insurance Mathematis

Subjects: Financial and Insurance Mathematics,Financial,Insurance Mathematics,Mathematics

M.Sc. | Master of Science

⏳  Duration
4 Semesters
🔠 Teaching Language
💶  Application Fee non-EU
No information

💶  Cost per Semester
85 EUR

💶  Tuition Fees per Semester
No information
⏱️ Application Deadline Summer
No information

⏱️ Application Deadline Winter
No information

Course description

Students have a wealth of opportunities to study abroad, including two exclusive double-degree exchange programs. These programs are specifically designed for this Master’s degree: the International Master in Financial and Insurance Mathematics with the University of Bologna in Italy and Paris Saclay in France, and the International Master in Green Finance with the University of Bologna in Italy and Paris Dauphine in France. The Department of Mathematics at the University of Munich offers a highly interdisciplinary Master’s degree program in Financial and Insurance Mathematics. This program emphasizes research-oriented teaching, providing advanced skills in applied and computational mathematics, with a particular focus on Financial and Insurance Mathematics. The curriculum is highly modular, allowing students to specialize in areas such as Statistics, Business Administration, Economics, and Informatics. Students gain a broad range of essential skills to build professional profiles in fintech, insurance, banking, consulting, and IT sectors. The program also fosters scientifically critical thinking, preparing students for careers in both academic and industry research. Additionally, many courses are approved by the German Actuarial Association (DAV), enabling successful candidates to qualify as DAV-approved actuaries. This program is designed to equip students with the knowledge and skills needed to excel in their chosen fields, ensuring they meet the highest quality standards.

Program Information

Study Location Munich
Start Semester 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 information
Cost per Semester 85 EUR
Step 2 - Check Application Requirements
⏱️ Application Start Summer
No information

⏱️ Application Deadline Summer
No information
⏱️ Application Start Winter
No information

⏱️ Application Deadline Winter
No information

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Application Requirements

Language Requirements

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

No information

Qualification Requirements

In order to be accepted to the Master in Financial and Insurance Mathematics Program, prospective candidates must either: have successfully completed a bachelor degree in Mathematics or Business Mathematics at a volume of 180 ECTS at a German University, or alternatively, hold a bachelor study program in another field or international university that features an integrated mathematics education at a comparable profound mathematical level.

Application Process

Acceptance Interview No
Acceptance local admission restrictions Not restricted
Application directly at the University
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