Master Insurance, Risk & Actuarial Sciences Ranking master Insurance, Risk & Actuarial Sciences

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Rank School / Program Informations Apply
Belgium
1
****
Ireland
2
****
Belgium
3
****
Portugal
4
****
Italy
5
****
U.S.A.
6
****
France
7
****
U.S.A.
8
****
China
9
****
France
10
****
Netherlands
11
****
Belgium
12
****
Portugal
13
****
France
14
****
U.S.A.
15
****
Australia
16
****
France
17
****
Spain
18
****
Slovenia
19
****
United Kingdom
20
****
South Africa
21
****
Mexico
22
****
Switzerland
23
****
Belgium
24
***
Canada
25
***
France
26
***
Argentina
27
***
Japan
28
***
South Africa
29
***
United Kingdom
30
***
Hungary
31
***
Mexico
32
***
Hong Kong (S.A.R.,China)
33
***
Australia
34
***
Ireland
35
***
United Kingdom
36
***
Thailand
37
***
Spain
38
***
U.S.A.
39
***
U.S.A.
40
***
Netherlands
41
***
Netherlands
42
***
Jamaica
43
***
Colombia
44
***
U.S.A.
45
***
Taiwan
46
***
Poland
47
***
China
48
***
France
49
***
Italy
50
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The expert's corner

Maria de Lourdes Centeno

Professor of Statistics and Actuarial Science and Director of the Masters in Actuarial Science

Universidade de Lisboa - Lisbon School of Economics and Management (ISEG)

It is convenient to distinguish Masters in Actuarial Science from the other Master programmes in Insurance.

Students of the Actuarial Science Masters will acquire skills in the fields of statistics, the actuarial function and finance, to embark on a profession (the actuary), centred on the analysis of the risk inherent to the insurance and financial business. Namely, they should be able to assess the likelihood of certain events and quantify the consequences of their occurrence. If many of such events cannot be avoided (death, accidents, fires, crisis in financial markets, etc.), it is important to take measures to minimize the financial impact of their happening. Being risks that can affect both assets and liabilities of insurers, actuaries must demonstrate expertise not only in the areas of probability and statistics, but also in financial matters. Most of these Masters are designed in accordance with international requirements – namely the International Actuarial Association. Some of them are certified by the most influential Actuarial Associations like the Institute and Faculty of Actuaries in the UK or the Society of Actuaries in North America.

Master programs in Risk Management and Insurance are usually more focused on the management of the insurance business.