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Following this minor, you will acquire an advanced analytical framework which enables you to analyse complex economic processes involving risk from a quantitative perspective. Quantitative risk modelling, statistical and empirical evaluation, and optimisation are at the core of this minor programme. This minor programme enables you to develop skills to deal with complex and risky economic problems.

Study programme

This minor consists of 30 EC spread over 2 semesters. There are 2 compulsory courses. You supplement these courses with 18 EC in restricted-choice electives.

COURSES SEM 1 SEM 2 SEMESTER 1 SEMESTER 2 EC
  • Compulsory: Life Insurance Mathematics
    Period 1
    6
  • Compulsory: Probability Theory and Statistics 3*
    Period 2
    6
  • Restricted-choice elective: Mathematical and Empirical Finance
    Period 5
    6
  • Restricted-choice elective: Machine Learning for Quantitative Economics
    Period 3
    6
  • Restricted-choice elective: Econometrics 1
    Period 4
    6
  • Restricted-choice elective: Financial Accounting in Life Insurance
    Period 4
    6
  • Restricted-choice elective: Research Seminar Actuarial Science and Mathematical Finance
    Period 6
    6
  • Restricted-choice elective: Econometrics 2
    Period 5
    6
  • Restricted-choice elective: Risk Theory
    Period 5
    6
  • Restricted-choice elective: Stochastic Models in Life Insurance
    Period 4
    6
UvA Course Catalogue: Minor Actuarial Science

Entry requirements

You can apply for the minor if:

  • You have obtained at least 60 ECTS from university-level courses at the time of application.
  • You have sufficient background in statistics and mathematics. The minor is intended for Bachelor students from a research or technical university studying in a quantitative field (e.g. Econometrics, Mathematics, Physics, Information Science).
  • This minor is available for students of the UvA Bachelor programme Business Administration.
  • This minor is not open to students of other UvA Economics and Business programmes.
  • No prior knowledge in Economics is required.

When applying, please submit:

  • a signed and stamped extract of your study results (for non-UvA students); 
  • a list of marks (for UvA students).

Application and Admission

For the academic year 2026–2027, you can apply between 1 April, 10:00 and 6 May, 17:00. There is no limit on the number of places for this minor, but selection will be based on your study background.  

Contact

For more general information about applying for and taking a minor, visit the student website about minors at UvA Economics and Business. Or you can contact the Education Desk (make sure to choose an UvA Economics and Business programme to see the correct information).

Facts & Figures
Mode
Full-time
Credits
30 ECTS,
Language of instruction
English
Starts in
September