Master of Science [M.S] (Quantitative Finance and Actuarial Science)
Field of Study:
$19,440 /Yr
Become a highly qualified specialist in the area of quantitative finance and insurance, a field which uses a large array of sophisticated advanced mathematical and statistical models for various applications concerning risk measurement and risk management in finance and insurance.
- Be trained in generic methods for responsible risk management both in finance and in insurance, giving you a competitive advantage on the job market.
- Customize your program?with many electives, or specialize yourself in?Pensions, Aging and Retirement.
- Ideal stepstone to become a fully qualified actuary:?after graduation you are eligible to apply for the part-time?Executive Master in Actuarial Science?offered the Dutch Actuarial Institute.
- In the first semester of the regular program, you can also apply for the following on top of programs:*?The?Extended Master, which adds a traineeship of half a year to the regular Master's program.* The?QTEM network program, which adds an additional year to the program which you spend at a QTEM partner university and?corporate partner.
Career prospects
The career prospects for students of this program are excellent. Alumni of the Master's program in from??work,?for example, as risk management consultants, actuaries, and investment analysts at banks, insurance companies, pension funds, consulting agencies, trading firms, and government bodies.
You can also become a fully qualified actuary: after graduation you are eligible to apply for the part-time?Executive Master in Actuarial Science?offered the Dutch Actuarial Institute.
Graduates work or start for example as:- Quantitative Risk Consultant at RiskQuest
- Analyst at Goldman Sachs
- Actuary at ASR
- Senior Policy Advisor at the Ministry of Social Affairs and Employment
Tuition Fees
Key Resources for Your Study Abroad Journey
VISA & Work Study
VISA
- As an international student in the Netherlands, certain immigration formalities are required.
- Non-EEA nationals may need both a visa and a residence permit for the duration of their stay.
- Tilburg University’s Immigration Office will assist with the process.
- After admission, an immigration officer will reach out with guidance on required steps and timelines.
- Visa or Provisional Residence Permit (MVV):
- Check if you need a visa or provisional residence permit (MVV) for entry.
- The MVV is issued by a Dutch embassy or consulate and must be applied for before arrival.
- A visa is only for entry, while a residence permit is required to stay in the Netherlands.
- Residence Permit (VVR):
- Required to stay in the Netherlands long-term.
- You must provide proof of sufficient financial means to cover study and living costs.
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Orange Tulip Scholarship | Scholarship per student$ 5,345/Yr$4,530 | Level Of StudyBachelor | TypeMerit-Based | |
| Orange Knowledge Programme | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student$ 2,360/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored |









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