MSc Quantitative Finance and Actuarial Sciences

Master of Science in Quantitative Finance and Actuarial Sciences at University of Ljubljana

The Master of Science in Quantitative Finance and Actuarial Sciences at the University of Ljubljana (UL), offered through the School of Economics and Business (SEB), is a two-year, full-time postgraduate programme based in Ljubljana, Slovenia. Taught in English, the programme consists of four semesters and carries 120 ECTS credits. It combines advanced quantitative financial analysis, actuarial sciences, econometrics, financial modelling, and risk management to prepare students for analytical and professional responsibilities in banking, insurance, investment management, and financial institutions.

Curriculum and Learning Outcomes

The programme provides advanced knowledge of quantitative finance, actuarial mathematics, insurance operations, econometric analysis, and financial risk modelling. Students learn to evaluate financial assets, assess credit risks, analyse insurance premiums, and examine investment and pension fund management strategies. The curriculum emphasises mathematical and statistical approaches to financial decision-making, including the valuation of financial instruments such as put options and the application of analytical models to financial and insurance markets.

Specialisation Tracks and Practical Applications

Students can select courses to develop a personalised study pathway focused on either Quantitative Finance or Actuarial Sciences. The programme combines core financial and actuarial subjects with specialised coursework, enabling students to strengthen their expertise in financial modelling, asset management, insurance mathematics, and risk assessment. Its applied approach prepares students to analyse complex financial challenges and adapt to changing institutional and regulatory requirements.

Professional Recognition and International Affiliations

The actuarial component of the programme meets the educational content requirements of the Actuarial Association of Europe (AAE). The programme is also affiliated with the Global Association of Risk Professionals (GARP) as a University Affiliated Partner. According to the supplied information, its curriculum covers approximately 70% of the first-level Financial Risk Manager (FRM) certification content. Students may explore available scholarship opportunities relating to FRM and Sustainability and Climate Risk (SCR) certification examinations.

Career Opportunities

Graduates are prepared for analytical roles in banks, insurance companies, pension funds, investment organisations, asset management institutions, and other financial-sector organisations. Their expertise is relevant to quantitative financial analysis, actuarial modelling, credit risk assessment, investment risk management, insurance pricing, and financial asset valuation.

Tuition Fees and Admission Information

The programme begins in October and lists an application deadline of 30 June. The supplied 2026/2027 tuition information specifies €4,700 per year for non-EU students, while eligible EU/EEA, Swiss, and specified Western Balkan students may qualify for tuition-free full-time study. Admission requires an adequate background in mathematics, microeconomics, and macroeconomics. The programme is offered by the Triple Crown accredited School of Economics and Business.