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Master in Actuarial Science and Finance

Rey Juan Carlos University
Program overview
2 years
Full time/part time
Master's degree
Start dates
5,044.20 EUR
September 2022

5,044.20 EUR
October 2022

5,044.20 EUR
September 2023

5,044.20 EUR
October 2023

About this program

Master in Actuarial Science and Finance

This is a Two years duration course.

Admission requirements

Target Audience:



The requirements for access to the proposed title are according to article 16 of Royal Decree 1393/2007, modified by Royal Decree 861/2010, of July 2:

  1. To access the official master's degree programs, it will be necessary to hold an official university degree from Spain or another one issued by a higher education institution belonging to another member state of the European Higher Education Area, which will authorize access to university master education.
  2. Likewise, graduates may access according to educational systems outside the European Higher Education Area without the need for homologation of their degrees, after verification by the University that they accredit a level of education equivalent to the corresponding official Spanish university degrees and that they authorize in the issuing country the title for access to postgraduate education. The access by this way will not imply, in any case, the homologation of the previous title of the one in possession of the interested party, nor its recognition for other purposes than that of studying the Master's degree.

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Program content

  • Markets, financial products and risk management
  • Fundamentals of insurance
  • Mathematics of life insurance I (Actuarial Mathematics I)
  • Statistical modeling to assess risk (Actuarial Statistics I)
  • Asset valuation and market risk analysis. (Financial Mathematics I)
  • Financial analysis of insurance companies
  • IT tools for actuaries I
  • Equities and financial derivatives (Financial Mathematics II)
  • Computer tools for actuaries II
  • Analysis of time series (Actuarial Statistics II)
  • Risk management
  • Economy of the insurance and financial environment
  • Decision methods in finance and insurance (Actuarial Statistics II)
  • Mathematics of life insurance II (Actuarial Mathematics II)
  • Statistical methods for Big Data in finance and insurance (Actuarial Statistics III)
  • Mathematics of non-life insurance (Actuarial Mathematics III)
  • Solvency in insurance companies
  • Legal status of private insurance
  • Non-life insurance operations
  • Public and private social security systems
  • External Practices
  • Master's Thesis

Scholarships & funding

Several scholarship options are available. Please check the institute website for more information.


The full tuition price for local/EU students is 2,701,2 EUR.

The full tuition price for International/Non-EU students is 5044.2 EUR.

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About this institute

Rey Juan Carlos University 

Since its founding in 1996, Universidad Rey Juan Carlos (URJC) has stood out among Madrid Public Universities for its dynamic, vigorous character, and its commitment to the progress of society through an excellent, quality educational system. URJC is spread out...

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Contact info

Rey Juan Carlos University

Calle Tulipán s/n
28933 Madrid

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