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Basic goals of the programme

The master’s programme in Quantitative Finance and Actuarial Sciences is targeted at both employees at various financial sector institutions and graduates of various undergraduate programs. The program’s goal is to acquaint the students with the specific features of the insurance industry and finance. As part of core courses and specific track courses, students learn the basics of actuarial sciences, the insurance industry, statistics, and finance. Given the program’s methodological demands and level of difficulty, adequate mathematical, microeconomic, and macroeconomic expertise is required, which students must demonstrate by passing exams and fulfilling requirements in the relevant courses or holding a recognized undergraduate degree. From this viewpoint, in addition to economic and business sciences graduates, the programme is suitable primarily for students with prior technical knowledge that can compensate for their lack of microeconomic and macroeconomic expertise by passing two placement tests.

This programme is designed to be modular and offers two basic tracks: Quantitative Finance and Actuarial Sciences. The first module or track provides expertise that focuses on modeling, risk management, and decisions connected with evaluating, selecting, and managing assets. The second track provides training primarily to those that wish to acquire the specific expertise for analyzing, managing, and controlling risks within financial institutions and especially those risks that affect the liabilities of financial institutions (or insurance companies, to be more precise).

The course-specific and conceptual structure of the track Actuarial sciences meets the requirements of the Groupe Consultatif regarding the actuaries’ course content prescribed by the Slovenian licensor (i.e., the Insurance Supervision Agency) as a precondition for granting an authorized actuary license.

The basic goals of the master’s programme in Quantitative Finance and Actuarial Sciences is to provide the following basic expertise to students and to develop the following competences and skills:

  • Master of statistics, microeconomics, finance, and the insurance industry;
  • Acquaint students with the special features of financial and actuarial quantitative models and their application in practice;
  • Teach students how to think critically and to make complex decisions based on the accessible data from the viewpoint of suitable risk management and achieving suitable profitability;
  • Train students to seek new sources and create new knowledge as well as use modern interdisciplinary research methods to address the challenges and issues they encounter during their work at a financial institution

1 Groupe Consultatif brings together the European actuarial associations and societies.


Office hours
(Student Affairs Office):

  • Monday - Friday:
    from 10:00 am to 12:00 am
  • and Tuesday:
    from 3:00 pm to 5:00 pm

Info call centre:

  • Monday - Friday:
    from 9:00 am to 10:00 am
    and 1:00 pm do 2:00 pm

Questions about the tuition, fees and admission criteria:

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