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uva.nl
Master
Actuarial Science and Mathematical Finance
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Entry requirements

The Admissions Office will evaluate your eligibility based on:

  • 1. Your academic Bachelor’s degree

    If you wish to apply for this Master’s, you are expected to hold an academic Bachelor’s or Master’s degree in a field that ensures a level of mathematical proficiency (e.g. Mathematics, Physics or Econometrics), particularly in the fields of calculus, linear algebra, statistics and probability.

    Additionally, you must to be familiar with all the following topics:

    • Linear regression models
    • Finance in economics
    • Actuarial Science, in particular risk theory and elementary life insurance

    If your previous education does not fulfill this programme’s requirements, you might be eligible to apply for the pre-Master's programme.

    Students from other UvA faculties

    You have direct admission to our MSc Actuarial Science and Mathematical Finance without any further conditions such as a minimum GPA or GMAT, if you have obtained:

    Postmaster Actuarial Practice Cycle

    If you want to become a member of the Actuarieel Genootschap (Royal Dutch Society of Actuaries), you need to have finished the Postmaster Actuarial Practice Cycle (APC) programme. To enter the APC programme, you need to have passed the courses of the minor Actuarial Science (30EC or 60EC). 

Selection  

Meeting the entry requirements alone is not a guarantee for admission. Besides the entry requirements you need to meet the selection criteria. This means that your application will be compared with other applicants. The selection is based on your GPA score, and motivation letter.   

  • 1. Your Grade Point Average (GPA)

    We are looking for students who have shown academic potential to keep up with the high level and workload of the programme.  

    Therefore, one of the criteria on which your application will be assessed is the Grade Point Average (GPA). We do not require a specific minimum GPA for this programme, but we will compare and assess the performance on all selection criteria to make an informed decision regarding placement into the programme. 

  • 2. Your motivation letter

    The motivation letter (max. one A4)  allows you to explain why you would be a good fit for the Master’s programme and which experiences have led you to this decision.