Quantitative Finance and Actuarial Science
Winter intake start date
2027-02-01
Winter intake deadline
2026-11-25
Apply and develop advanced mathematical and statistical tools to tackle financial challenges, ranging from price setting to risk management and policy advice. You will acquire a strong and fundamental background in quantitative finance, which prepares you for existing and new technological developments in the broad area of finance and insurance.
Use and develop a wide array of advanced mathematical and statistical models for risk measurement and risk management for banks, financial institutions, insurance companies, pension funds and governments. Being fully trained in generic methods for responsible risk management both in finance and in insurance, gives you a competitive advantage on the job market.
Become a highly qualified specialist in the area of quantitative finance and insurance, a field that uses sophisticated mathematical, statistical, and data science techniques for risk management, valuation, product design, regulation and more.
- Being fully trained in generic methods for responsible risk management in the financial sector, gives you a competitive advantage on the job market.
- Customize your program with many electives.
- Intensive contacts with industrial partners ensure a strong connection to practical aspects of the business world, leading to excellent internship opportunities, for instance.
- In the first semester of the regular program, you can also apply for the following advanced programs:
- The Extended Master's Program, which adds a half year traineeship to your regular Master's program.
- The QTEM network program, which adds an additional year to the program which you spend at a QTEM partner university and corporate partner.
Typical courses are:
- Valuation and Risk Management
- Asset Liability Management
- Empirical Finance
- Risk and Regulation
- ECTS transcript – If you are still completing your Bachelor’s degree, upload an ECTS transcript showing the subjects you have studied, your grades, and the number of credits awarded. Your Bachelor’s diploma must be uploaded later, as soon as you receive it.
- Bachelor’s diploma – If you have already graduated, upload your Bachelor’s diploma. A separate ECTS transcript is not required.
Note: Your Bachelor’s degree must be in the same or a related field as the Master’s programme you are applying for. The university will check whether you have completed enough relevant subjects and ECTS credits.
Important! View the full requirements on the university’s official website. Requirements may vary depending where you completed your bachelor education.
Applicants have to prove their English language skills either by an internationally recognized language test or upon previous studies. Usually English language skills can be proved by the following documents:
- TOEFL iBT*
- IELTS Academic
- A Cambridge English qualification
- Higher education degree completed in English
- Secondary education completed in English in a country or school qualification accepted by the university
- An English subject and grade on your secondary school leaving certificate that meet the university’s requirements
- Other
Important: Accepted methods and minimum results depend on study programme and the country where you completed your education. Check the official requirements for your chosen study programme.
*Use the Kastu promo code LTU1000102 when registering for TOEFL iBT and receive a 5% discount.
Future jobs
Your Master's degree in Quantitative Finance and Actuarial Science from Tilburg University will open up extensive career opportunities for you in the private sector, as well as in the public and non-profit sectors.
Graduates of our program currently pursue successful careers at:
Banks
Insurance companies
Pension funds
Consulting agencies
Trading firms
Corporate treasuries and risk control departments
Regulatory institutions and government bodies.
Graduates of the Master's program in Quantitative Finance and Actuarial Science have excellent career perspectives. Institutions in the area of finance and insurance nowadays are using a large array of sophisticated models for various business tasks, ranging from price setting to risk management and policy analysis. In order to remain competitive, institutions need a continuous inflow of highly qualified specialists. For the implementation of higher and more accurate safety standards, imposed in the wake of the 2008 financial crisis, even more specialists are needed.
There is a cross-fertilization of concepts and techniques between finance on the one hand and insurance on the other hand; Graduates of the Master's program in Quantitative Finance and Actuarial Science are at an advantage here since they have been trained to think in both ways.
