WEBINAR
How to Apply and Get Admission to a German University
September 17th, 2025
Step 1 - Find your Study Program
Ludwig Maximilians University Munich
Munich
Financial & Insurance Mathematics
Subjects: Finance;Mathematics
M.Sc. | Master of Science
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 Tuition Fee |
| Cost per Semester | 85 EUR |
Step 2 - Check Application Requirements
Application Requirements
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 |
Step 3 - Get studying insights
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Free Live Webinar
How to Apply and Get Admission to a German University
Get ready to study in Germany!
September 17th, 2025
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Learn how to find your ideal program
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Step-by-step application guide
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Tips and tricks to get admission
Step 4 – Apply for a Visa
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Cost Breakdown
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Monthly fee: Only €5
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Blocked Account set-up fee: €89
