

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 starting Masters in Financial and Actuarial Mathematics from abroad. The program lasts for a duration of 18 months. The Masters in Financial and Actuarial Mathematics program is considered part of the top ranked courses in Lithuania. Candidates interested in pursuing the course must meet the eligibility criteria and secure valid scores in exams such as IELTS and TOEFL. The interested students should fill the form as soon as possible because the application window opens for a short time only. 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 over the duration of studies such as rent, groceries, books, health insurance, etc. The average estimated cost of living at Vilnius University is around EUR 4,344.
Duration | 18 months |
Tuition & Fees | ₹2.60 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
When planning for the Masters in Financial and Actuarial Mathematics, applicants should consider the financial aspects involved. Every student must pay the first-year tuition fee of EUR 2,542. Additionally it is also important to account for living expenses such as accommodation, food, and utility costs. Such expenses may vary according to living styles and other fees added by the Vilnius University. However, accordingly to the official website the average cost of living that international students have to bear is EUR 4,344, annually. To know about the complete breakdown of the Vilnius University Masters in Financial and Actuarial Mathematics fee structure and all other cost-element-wise expenditures for an elaborate cost overview, please check the table below.
| Fees components | Amount (for 1 year) |
|---|---|
| Tuition & fees | INR 2,60,225 |
| Fees components | Amount (for 1 year) |
|---|---|
| Hostel & Meals | INR 4,44,695 |
| Total approximate fees | INR 4,44,695 |
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Masters in Financial and Actuarial Mathematics at Vilnius University Entry Requirements
- No specific cutoff mentioned
- No specific cutoff mentioned
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- 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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Out of 10
- Marks - 65/120
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Out of 10
- No specific cutoff mentioned
- Marks - 5.5/9
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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
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Masters in Financial and Actuarial Mathematics at Vilnius University Contact Information
Universiteto g. 3, Vilnius 01513, Lithuania
Vilnius ( Other - Lithuania)