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7 Actuarial Science and Insurance Degree Programs in Portugal
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Nova School of Business and Economics
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Master's in Finance
- Lisbon, Portugal
Master degree
Full time
3 semesters
On-Campus
English
Fast-track counseling
This program will enable you to develop a solid knowledge, analytical and problem-solving competencies in the financial area. You can choose to focus your studies in Portugal, but there’s also the opportunity to learn across borders and to do business across borders through our international tracks.


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ISEG - Lisbon School of Economics & Management
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Masters in Actuarial Science
- Lisbon, Portugal
Master degree
Full time
3 semesters
On-Campus
English
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The Masters in Actuarial Science at ISEG (University of Lisbon) offers a solid academic foundation in actuarial science, statistics, and finance. It was designed according to the international requirements for the actuarial profession. It is meant to cover most of the course materials indispensable for the accreditation of an actuary in the European Union, in accordance with The Actuarial Association of Europe.


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Universidade de Aveiro
Doctorate in Territory, Risk and Public Policies
- Aveiro, Portugal
PhD
4 years
On-Campus
English, Portuguese


Católica Lisbon School of Business and Economics
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International MSc in Finance
- Lisbon, Portugal
MSc
Full time
3 semesters
On-Campus
English
Fast-track counseling
The International MSc in Finance is a pre-experience program at Católica-Lisbon designed for students who desire to pursue an international career. The curriculum blends theory and practice with a hands-on approach, provided by our innovative courses and top professors. The program fosters the creation of strong professional and personal connections with peers and industry experts from all over the world (Germany, France, U.K., Italy, U.S., Canada, Brazil, etc.).


Universidade dos Açores
Bachelor in Civil Protection and Risks Management
- Ponta Delgada, Portugal
Bachelor's degree
Full time
3 years
On-Campus
English
This Bachelor’s degree in Civil Protection and Risk Management provides scientific, technical, and operational training to assess hazards, design mitigation strategies, and manage crisis situations across different levels of governance.
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Universidade dos Açores
Master in Volcanology and Geological Risks
- Ponta Delgada, Portugal
Master degree
Full time
2 years
On-Campus
English
This Master’s degree equips you with the scientific expertise and technical skills to understand volcanic systems and mitigate geological risks — with a strong focus on real-world application.


NOVA School of Science and Technology
Degree in Mathematics Applied to Risk Management
- Costa da Caparica, Portugal
Bachelor's degree
Full time
3 years
On-Campus
Portuguese
The current challenges of companies linked to risk, such as banking, insurance, pension funds and finance, increasingly need professionals with the ability to apply mathematical, statistical and actuarial methodologies that allow them to identify, quantify and manage the risks inherent to these activities. The Degree in Mathematics Applied to Risk Management is designed to train professionals with solid knowledge of Applied Mathematics to work in areas related to risk management. Whenever possible, the resolution of real cases in a computational environment is privileged.
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Learn more about Actuarial Science and Insurance degree programs in Portugal
Actuarial Science and Insurance programs in Portugal give you a rigorous grounding in the mathematics of risk, probability, and financial modeling, with coursework that connects statistical theory directly to real-world insurance markets.
The learning environment in Portugal fosters analytical independence and encourages you to approach uncertainty with precision and curiosity. You'll study topics like life and non-life insurance pricing, pension fund valuation, solvency regulation, and reinsurance structures. Portugal's insurance sector operates within the European regulatory framework, so the technical competencies you develop carry direct relevance across international markets.
Through applied coursework, you'll practice constructing mortality tables, running risk assessments for corporate and personal lines, and interpreting actuarial reports under regulatory standards. Many programs include modules in financial economics and demography alongside core actuarial methods, broadening your analytical range.
Graduates move into roles as actuaries, risk analysts, underwriters, and financial consultants across insurance companies, pension funds, consultancies, and regulatory bodies worldwide. Portugal's position within the EU also means your qualification sits within a recognized academic tradition, supporting professional accreditation pathways globally.