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Rheinland-Pfälzische Technische Universität Kaiserslautern-Landau
Master English Mathematics & Natural Sciences

Finanz- und VersicherungsmathematikFinancial and Actuarial Mathematics

Master of Science (M.Sc.)

About the Program

The two-year Master's program in Financial and Actuarial Mathematics is a scientifically research-oriented program that provides the advanced theoretical foundations and competencies necessary for a comprehensive understanding of the increasingly complex financial and insurance markets. It also represents a connection between mathematics and the field of Financial Economics. Essential contents include: Financial Mathematics, Actuarial Mathematics, Statistics and computer-aided methods, Financial Economics, and Project seminar/internship. Building on the knowledge acquired in the Bachelor's program in Business Mathematics (or Mathematics with an application subject in Economics) with a focus on stochastics/probability theory, the first year consists of advanced lectures and seminars in financial and actuarial mathematics, supplemented by courses in Financial Economics as well as statistics and computer-aided methods. The second year serves to deepen knowledge in an area of financial and/or actuarial mathematics. In addition to advanced lectures, a project seminar (or external internship) and courses for independent scientific work under guidance ('Guided Reading') are planned as preparation for the six-month final thesis. The program is structured into sections: Actuarial and Financial Mathematics (79.5 LP), Statistics and Computational Methods (18-21 LP), Financial Economics (13.5 LP), and Free Electives (9-12 LP).
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The two-year Master's program in Financial and Actuarial Mathematics is a scientifically research-oriented program that provides the advanced theoretical foundations and competencies necessary for a comprehensive understanding of the increasingly complex financial and insurance markets. It also represents a connection between mathematics and the field of Financial Economics. Essential contents include: Financial Mathematics, Actuarial Mathematics, Statistics and computer-aided methods, Financial Economics, and Project seminar/internship. Building on the knowledge acquired in the Bachelor's program in Business Mathematics (or Mathematics with an application subject in Economics) with a focus on stochastics/probability theory, the first year consists of advanced lectures and seminars in financial and actuarial mathematics, supplemented by courses in Financial Economics as well as statistics and computer-aided methods. The second year serves to deepen knowledge in an area of financial and/or actuarial mathematics. In addition to advanced lectures, a project seminar (or external internship) and courses for independent scientific work under guidance ('Guided Reading') are planned as preparation for the six-month final thesis. The program is structured into sections: Actuarial and Financial Mathematics (79.5 LP), Statistics and Computational Methods (18-21 LP), Financial Economics (13.5 LP), and Free Electives (9-12 LP).

Which Professions Does This Program Open Up?

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Subjects / Topic Areas

Financial and Actuarial Mathematics

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Frequently Asked Questions

Quick answers about Finanz- und Versicherungsmathematik at Rheinland-Pfälzische Technische Universität Kaiserslautern-Landau

Is Finanz- und Versicherungsmathematik at Rheinland-Pfälzische Technische Universität Kaiserslautern-Landau taught in German or English?

This Master programme is taught in English. Make sure to check the language requirements (e.g. TestDaF, DSH, IELTS or TOEFL) before applying.

How much does the Finanz- und Versicherungsmathematik programme cost?

No tuition fee (only semester contribution). International students should also budget around 800–1000 EUR/month for living costs in Germany.

What are the admission requirements for Finanz- und Versicherungsmathematik at Rheinland-Pfälzische Technische Universität Kaiserslautern-Landau?

Typical requirements include: a recognised secondary/undergraduate degree, proof of language proficiency (English), and (for non-EU applicants) a uni-assist application plus financial proof (Sperrkonto ~11.904 EUR/year).

When is the application deadline?

Application deadlines vary: winter semester usually closes on 15 July, summer semester on 15 January. Always confirm the exact deadline on the official university website.

Can I work in Germany while studying Finanz- und Versicherungsmathematik?

Yes. International students may work up to 140 full days / 280 half days per year without additional permission. After graduation you can apply for an 18-month job-seeker permit.

How do I apply to Rheinland-Pfälzische Technische Universität Kaiserslautern-Landau — directly or via uni-assist?

Most German universities accept international applications through uni-assist for document verification. Some unis accept direct applications — check the programme page on the official site.

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