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uva.nl
Quantitative Risk Management (MSc Actuarial Science and Mathematical Finance)
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Actuarial Science and Mathematical Finance Honours programme

Do you have excellent analytical and social skills? And is it your goal to use applied research to tackle complex real-life problems? Then the Actuarial Science and Mathematical Finance Honours programme, is a great challenge and a chance to broaden your horizon beyond the scope of your track.

Are you a student of the Actuarial Science and Mathematical Finance MSc and do you have a record of academic excellence, a critical mind and an enthusiasm for applied research? Then this Honours programme is a great opportunity for you.

Why apply for the Honours programme?

The Honours programme is your chance to gain knowledge at the highest level and practice applied research skills on top of your chosen MSc Actuarial Science and Mathematical Finance specialisation track. If you are driven and prepared to put in the extra work, this programme is a rewarding addition to your curriculum. It’s the perfect chance to stand out to future employers.

Real-life business case: how to insure against climate change

Climate change is affecting the world in many different ways, making it a significant challenge to the insurance industry. You will address questions such as: how can we quantify the risk of damage from natural disasters? How should we adjust our estimates and forecasts to take into account more frequent and more severe disasters? And how many reserves should be put aside to cover possible future claims? These questions are also relevant for governments and regulatory bodies, as reliable and affordable insurance is essential for a well-functioning economy.

Specific courses

The Actuarial Science and Mathematical Finance Honours programme (15EC) is taken concurrently within your 1-year Actuarial Science and Mathematical Finance MSc. Besides being able to choose your specialisation track, the Honours programme adds 2 extra courses and a research project to your MSc.

  • Real-life business case

    Solve a business case and present your results to your fellow students. You will carry out this assignment in a small and diverse team of MSc students who are all enrolled in different MSc programmes at the Amsterdam School of Economics. One of our senior researchers will provide support to the team as you solve your business case.

  • Extra course related to your track
  • Extra course outside your track

    Choose any course from the other tracks of the Actuarial Science and Mathematical Finance MSc.

How to apply

The Honours programme is selective and only available to (approximately) 10 highly motivated students of our Actuarial Science and Mathematical Finance MSc.

What you need to do:

  1. Apply for the MSc Actuarial Science and Mathematical Finance programme.
  2. Wait for your admissions results. If you are admitted to the programme you will receive a conditional acceptance email.
  3. Start your MSc Actuarial Science and Mathematical Finance programme. By the end of the 1st period you can apply for the Honours programme by writing a letter of motivation.

Selection will take place in October, based on the documents you provide and group diversity. You will start the Honours programme in November of the same academic year.

Contact

For specific questions about the Actuarial Science and Mathematical Finance Honours programme, please do not hesitate to contact us.