Mathematical Finance and Actuarial Science

M.Sc. (Master of Science)

Subjects: Mathematics, Business Administration, Accounting & Finance

M.Sc.

Degree

English only & German language course

Language

Winter semester: 31 May

Summer semester: 30 Nov

Application Deadlines

2 Years (starting: Both semesters)

Duration

Free

Tuition fees (per semester)

Starting: Both semesters
Application:: Uni-Assist
Study mode:: On campus

Requirements

Qualification Requirements

Previous Degree

Bachelor's degree (or equivalent) in mathematics or a mathematically comparable course of study (i.e. not economics or business administration).

Before applying you should have acquired these competencies:

Structure of mathematics/requirements mathematics (at least 18 ECTS).
Structure of stochastics/requirements stochastics (at least 14 ECTS).

Language Requirements

The following certificates are recognised as proof of your language proficience.

English

Cambridge

min C1 Advanced (CAE)
Specification: With grades A, B or C.

IELTS

min 6.5

TOEFL iBT

min 88

Cambridge

min C2 Proficiency (CPE)
Specification: With grades A, B or C.

Does the university recognize "other equivalent language certificates"?

no information provided by university

Additional information:

In some cases, an alternative form of proof of language proficiency may be submitted in place of a language certificate, such as a GMAT with a score higher than 600, or via the language of instruction in an academic program (e.g. in a bachelor's) by submitting your transcript of records or your degree certificate as evidence (the language of instruction needs to have been English in more than 50% of the program). Students who provide an English language certificate with their application are admitted on the condition that they complete one module providing integrative knowledge of the German language within the first two semesters of their studies. TUM offers free courses for that purpose (see Check List). If you already have a German language certificate to at least the A1 level, please submit that with your application.