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

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

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.