Masters

Mathematical Finance and Actuarial Science

Technical University of Munich

Garching b. München, Germany

Program Overview

Graduates of the Master's programme in Mathematical Finance and Actuarial Science acquire fundamental theoretical, methodological and practical knowledge in financial and...

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EUR

Financials

Tuition Fees6,000 EUR

Living Expenses11904 euros (living expense) plus semester contribution

Note: Most public universities in Germany are tuition-free. You only pay a semester contribution (~EUR 300) which usually includes a public transport ticket.

INFO

Intakes and Duration

Intake Season

Winter (October); Summer (April)

Duration

4 semesters

Career Outcomes

Management ConsultantBusiness AnalystOperations ManagerProject ManagerStrategy ConsultantOperations ManagerSupply Chain AnalystLogistics Manager

You can always explore various career paths after completing this program. The listed options are some of the most popular among graduates.

EUR

Salary Outlook

Typical range

€60,000 – €100,000 per year

Fresher, mid-level, and experienced ranges are linked to external sources so they stay auditable for applicants.

LANG

Language & Exams

Teaching Language

English

If you have not officially completed your education in English, you must provide proof of sufficient language skills in English. Please refer to the main university website to find out which English language certificates are accepted: https://www.tum.de/en/studies/application-and-acceptance/university-admission/language-certificates/ .

IELTS not requiredNo extra certification required

REQ

Requirements

Academic Admission

Applicants must hold a Bachelor's degree in mathematics or an equivalent qualification in a similar field of study. Applicants are qualified if they can show proof of academic achievements that are equivalent to the qualification obtained in the Bachelor's degree programme in mathematics offered by TUM and that meet the requirements of the respective Master's degree programme.

APS Certificate

An APS certificate is required for applicants who have completed their qualifying education in India, China, or Vietnam.

IELTS Score

Not specified

Application Deadline

Application deadlines are subject to changes. Please refer to the above university course link for the most accurate information.

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