

Masters in Financial and Actuarial Mathematics
- Public University
Faculty of Mathematics And Informatics
Masters in Financial and Actuarial Mathematics at Vilnius University Overview
The Vilnius University offers a really good Masters in Financial and Actuarial Mathematics program at the PG level, which lasts for 18 months. To get admission to the program, students must meet the requirements for the course which include having a valid score on tests like IELTS, TOEFL, PTE and Duolingo. The Vilnius University tuition fee for the first year of the Masters in Financial and Actuarial Mathematics is Euro 2,542 (INR 281,476). Also, the students should budget well for living expenses, which has:
- Accommodation (rent or hostel)
- Food
- Books
- Other important utilities
Duration | 18 months |
Tuition & Fees | ₹2.72 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
Masters in Financial and Actuarial Mathematics at Vilnius University Fees
For attending the Vilnius University for Masters in Financial and Actuarial Mathematics, students have to pay the tuition fee as well as the living expenses. The Vilnius University Masters in Financial and Actuarial Mathematics fee structure varies for domestic and international students.
Foreign students will have to pay Euro 2,542 (INR 281,476) for the first-year of study. Other than the annual tuition fee, they will also have to cover the living expenses (includes housing, food, transportation, books and supplies, and other miscellaneous expenses), which is around Euro 4,344 (INR 481,011) for overseas students. Based on the student’s lifestyle and purchasing power, the cost of living varies.
Refer to the table below for the breakdown of expenses for the Vilnius University Masters in Financial and Actuarial Mathematics cost of attendance:
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 2,71,617 |
| Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 4,64,164 |
| Total approximate fees | INR 4,64,164 |
Download exam sample paper
Masters in Financial and Actuarial Mathematics at Vilnius University Entry Requirements
- No specific cutoff mentioned
- 55%
- Read less
- Bachelor degree in financial and actuarial mathematics,
- Bachelor degree in mathematics, statistics, economics, or physics with additional prerequisites: Microeconomics and macroeconomics, Probability theory (including theory of stochastic processes) and mathematical statistics, Other disciplines of mathematics, Basics of financial and actuarial mathematics.

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- Marks - 65/120
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- No specific cutoff mentioned
- Marks - 5.5/9
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- No specific cutoff mentioned
Masters in Financial and Actuarial Mathematics at Vilnius University Application Process
- Recent transcript of academic records and certificate
- School (secondary or equivalent) leaving certificate and marks sheet/list (For Bachelor programs)
- University Bachelor degree certificate and its supplement (or its equivalent) (For Master programs)
- Applicant is required to submit a motivation letter (1200-4000 characters)
- Proof of proficiency in English
- Certified copy of passport or ID card
- Motivation letter (1200-4000 characters)
Masters in Financial and Actuarial Mathematics at Vilnius University Rankings
| Rank | Rank Publisher |
|---|---|
| #401 | |
| #451 | |
| #201 |
Masters in Financial and Actuarial Mathematics at Vilnius University Placements
| Particulars | Statistics (2021) |
|---|---|
| Internship Available | Yes |
Masters in Financial and Actuarial Mathematics at Vilnius University Highlights
- The program emphasis on theoretical foundation of various methods and techniques of probability theory, stochastic analysis, risk theory, and related fields
- The program enables student to analyze and solve problems in theoretical models of finance and insurance
- This program is divided into 3 semesters
Masters in Financial and Actuarial Mathematics at Vilnius University Scholarships
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Masters in Financial and Actuarial Mathematics at Vilnius University Contact Information
Universiteto g. 3, Vilnius 01513, Lithuania
Vilnius ( Other - Lithuania)