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LMU Munich

Munich, Bavaria, Germany

Master of Science in Financial and Insurance Mathematics

Original title: Finanz- und Versicherungsmathematik (Master / Hauptfach)

English4 semestersNo Tuition / Semester Fee OnlyBavaria

This interdisciplinary master's program provides advanced knowledge in financial and insurance mathematics, economics, and statistics to prepare graduates for careers in finance, insurance, and consulting.

Overview

Why this program?

International-student friendly
English-friendly instruction
No tuition fees or semester-fee only
On Campus
Mathematics & Statistics
Master of Science in Financial and Insurance Mathematics

Program summary

Good fit, outcomes, and skills

Best for

Aspiring professionals aiming for quantitative roles in finance, insurance, or consultancy firms.

Career outcomes

  • Financial Analyst
  • Risk Manager
  • Insurance Actuary
  • Quantitative Analyst
  • Consultant in Finance and Insurance

Skills you will learn

  • Advanced financial mathematics
  • Statistical modeling
  • Risk assessment and management
  • Economic theory applications
  • Quantitative analysis techniques

Admissions

Requirements at a glance

Admission typeOpen Admission
RequirementsBachelor's degree with at least 180 ECTS in Financial Mathematics, Mathematics, or a related field with strong mathematical training; Proof of professional qualifying degree from domestic or foreign universities
DeadlineVaries by semester
LanguageEnglish
Free orientation

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Tuition & costs

What to budget for

TuitionNo Tuition / Semester Fee Only
FeesSemester contributions for the Studentenwerk München including basic and solidarity contributions as well as a semester ticket fee
Living costsApprox. EUR 850-1,200/month

Careers

Where this can lead

Financial Analyst
Risk Manager
Insurance Actuary
Quantitative Analyst
Consultant in Finance and Insurance

University

LMU Munich

LMU Munich is located in Munich, Bavaria, Germany. Open the official program page for the latest application details, deadlines, and documents.

Program data is collected from public university sources and may be incomplete or outdated. Always verify deadlines, fees, and admission requirements on the official university website.

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