

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 is a popular destination among international PG students interested in pursuing Masters in Financial and Actuarial Mathematics from abroad. The program can be pursued over a duration of 18 months. The Vilnius University Masters in Financial and Actuarial Mathematics program is considered part of the top ranked courses in Lithuania. Shiksha Popularity Ranking 2025 for Vilnius University, ranks the course at #1. Candidates interested in pursuing the course must satisfy the specified eligibility criteria and secure valid scores in exams such as IELTS and TOEFL. Interested candidates are required to submit respective admission applications as soon as the admission window opens as there are limited seats to be filled.
The first year tuition fee for Masters in Financial and Actuarial Mathematics at Vilnius University is around EUR 2,542. Students must also plan for some other additional costs they may incur over the duration of studies such as rental, groceries, books, health insurance, etc. The average estimated cost of living at Vilnius University is around EUR 4,344.
Duration | 18 months |
Tuition & Fees | ₹2.66 Lakh Get Fees details |
International Students Admission Website | Go to Website |
Official Career Service Website | Go to Website |
Course Level | PG Degree |
- Overview
- Fees
- Entry Requirements
- Application Process
- Rankings
- Placements
- Highlights
- Scholarships
Masters in Financial and Actuarial Mathematics at Vilnius University Fees
The Vilnius University fee structure for a Masters in Financial and Actuarial Mathematics includes the mandatory payment of the first-year tuition fee. Apart from the tuition costs, students must also plan for some additional costs associated with living in Lithuania, including rent, utilities, food, health insurance and some other expenses. The overall annual cost of living is around EUR 4,344. The overall expenses may vary based on the standard of living students opt for and some additional charges asked by the Vilnius University. The overall first year tuition fee for a Masters in Financial and Actuarial Mathematics is around EUR 2,542.
For more info regarding the fee breakup for a Masters in Financial and Actuarial Mathematics from Vilnius University, refer the table below:
Fees components | Amount (for 1 year) |
---|---|
Tuition & fees | INR 2,66,147 |
Fees components | Amount (for 1 year) |
---|---|
Hostel & Meals | INR 4,54,817 |
Total approximate fees | INR 4,54,817 |
Download exam sample paper
Masters in Financial and Actuarial Mathematics at Vilnius University Entry Requirements
- No specific cutoff mentioned
- No specific cutoff mentioned
- 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.

Calculate your score and check your eligibility at over 2000+ universities.
Out of 10
- Marks - 65/120
-
Register for TOEFL iBT® Test Today and get Rs 500 Off. Use code SHIKTOEFL to avail the discount. Hurry Register now for TOEFL
-

Calculate your score and check your eligibility at over 2000+ universities.
Out of 10
- No specific cutoff mentioned
- Marks - 5.5/9
- Get a Full FREE IELTS Prep Course with Shiksha Study Abroad – Limited Seats for Weekend & Weekday Batches! Register now for IELTS
- No specific cutoff mentioned
- Not 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 | |
#601 | |
#301 |
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
Resources for you
Learn the process in simple steps with these guides handpicked for youExplore courses offered by Vilnius University
Other Courses offered by Vilnius University
About the author
Study Abroad Expert
Masters in Financial and Actuarial Mathematics at Vilnius University Popular & recent articles

Masters in Financial and Actuarial Mathematics at Vilnius University Contact Information
Universiteto g. 3, Vilnius 01513, Lithuania
Vilnius ( Other - Lithuania)