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Length: 2 years
Study pace: Full time
Education level: Master's degree
Location: Lisbon
Language: English
Start date: September 2018
Application deadline: 11 June 2018
Price: 5,986.23 EUR

Program description

Program description

Actuarial Science

The Masters in Actuarial Science at ISEG (Universidade de Lisboa) was designed according to the international requirements for the actuarial profession. It is meant to cover most of the course subjects that are indispensable for the accreditation of an actuary in the European Union, as designated by The Actuarial Association of Europe, as well as the majority of the subjects of the professional exams for admission as an Associate of the Institute and Faculty of Actuaries – IfoA - in the UK, or of the Society of Actuaries in North America - SOA. It was accredited by the Institute & Faculty of Actuaries, the UK's only chartered professional body dedicated to educating, developing and regulating actuaries. 

Our Master is also in the SOA UCAP list. Our Master is classified in the 50 best Masters in Insurance and our university, Universidade de Lisboa, is second in the 2017 Iberoamerican ranking produced by SCImago.

The programme offers a solid academic foundation in actuarial science, statistics and finance, providing you with the skills to become a successful actuary. During the fourth semester, you can take a training post in an insurance company or write a thesis or a project. You may be able of spending a semester in a partner university, through the ERASMUS programme.

Last, but not least, Lisbon offers an exceptional historical heritage and ISEG is situated in the heart of it. The cost of living is below that of other capitals which gives to this Master financial advantage over other academic actuarial centers.

Admission requirements

The Master in Actuarial Science was designed for students with a solid background in Mathematical Analysis and Statistics, who are seeking to enter the actuarial profession and pursuing a path towards this rewarding career.

We accept candidates with a bachelor's degree in Mathematics, Mathematics with Economics or Statistics, and some of the bachelor's degrees in Economics, Finance or Management. Accepted applicants have normally achieved a minimum of 14 out of 20 points in the Portuguese system for one of these degrees, or a 2:1 honours in the British system, or equivalent (e.g. G.P.A. 3.0).

Tuition & fees

Students from the EU: €5500

International students: €6000

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ISEG - Lisbon School of Economics and Management

ISEG Lisbon School of Economics & Management

With over one hundred years of history, ISEG was the first school of economics and management founded in Portugal. The school is part of the University of Lisbon, the largest of the Portuguese universities. Well-recognised nationally, ISEG is likewise establishing...


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ISEG - Lisbon School of Economics and Management