Actuarial Science

Master's programme for working professionals (MSc)

Actuarial Science

Digitalisation, automation and increasing networking, sustainability and climate change, serious demographic changes and developments on the international financial markets are just some of the aspects that are bringing about far-reaching changes in the insurance industry. Analysing, assessing and managing the associated risks is the primary task of actuaries, who therefore have a central function in insurance companies, pension institutions and in consulting. The part-time Actuarial Science study/degree programme prepares you optimally for the challenges of these changes.

More about the course

You will receive excellent actuarial training; (akad.: ) education and acquire important knowledge in data science and information processing as well as an understanding of the facts of the incident. Graduates are experts in the assessment and management of financial risks (e.g. for insurance companies, banks and building societies or in occupational pension schemes) as well as in the intelligent extraction of data (data mining) and its analysis using modern statistical methods such as machine learning.

Academic Degree

Master's programme for working professionals (MSc)

Type of Study
  • part-time
  • full-time
  • career-integrated
Study Curriculum

Information on the study curriculum

Application

Information for applicants

Admission regulations

further information

Start of Study
  • each summer and winter semester
Tuition Fee

10500€

Language of instruction
  • German
Admission Requirements
  • restricted (for further information see 'Application')
ECTS Credits

90

Studying alongside your appointment

Take your next career step with us!

modular

All courses can be booked individually

Everything is modular. Start with individual courses and build on your studies up to a Master's degree.

Flexible

Organise your own learning times

Thanks to the blended learning concept, you largely decide for yourself when and where you learn.

individualised

Organising electives

You largely determine the order of the modules and the number per semester yourself.

The School of Advanced Professional Studies (SAPS) is the joint centre for continuing academic education of Ulm University and Ulm University of Applied Sciences.

SAPS offers paid part-time master's programmes and microcredentials (certificate courses) in a blended learning format to optimally support part-time study.

The following qualifications can be obtained at SAPS: Microcredential, Certificate of Advanced Studies (CAS), Diploma of Advanced Studies (DAS) and Master of Science.

Our modern form of continuing education for you is blended learning, which combines didactically meaningful face-to-face events - which also serve as networking opportunities - with modern forms of e-learning. Our virtual desk with everything you need for learning is available to you online. Our microcredentials have a maximum of 20% synchronised events, which take place either at Ulm University or online.
 

Microcredential 1 - 9 LP

  • Certificate course
  • 1 course + examination or certificate of achievement
  • Prerequisites according to the description

Certificate of Advanced Studies (CAS) ≥ 10 LP

  • 1-3 certificate courses, can be booked individually
  • Project work may be required
  • Prerequisites according to the description

Diploma of Advanced Studies (DAS) ≥ 30 CP

  • 4-6 certificate courses, can be booked individually
  • DAS thesis may be required
  • Prerequisites according to the description

Master of Science 90 LP

  • 8-12 courses, can be booked individually + master's thesis
  • with enrolment
  • Prerequisites according to admission statutes

Components of the online learning environment

  • Cloud storage for data exchange and collaborative editing of documents
  • Teaching materials, exercises and self-tests are completed on the Moodle learning platform
  • Instructional videos are a central component of knowledge transfer
  • With the remote tool server , simulation environments can be edited directly from a web browser without having to install software on your own computer
  • Video conference rooms are integrated into the learning platform
  • Direct contact with fellow students, mentors and lecturers
  • Webinars held to support learning are recorded
  • Shared course calendar
  • The Nextcloud Collective portfolio software can be used to collaboratively work on learning projects

What students and graduates of UUlm have to say

Jan Dettmer, Head of Product Management Life, Swiss Life Deutschland Vertriebsservice GmbH
Product Management Life (PM Life) at Swiss Life Deutschland Vertriebsservice GmbH is a service provider for the sales organisations of the Swiss Life Group. From product testing and the implementation of regulatory requirements in the digital advisory process to the support of specialist organisations, PM Life covers a wide range of tasks. In order to successfully manage this wide range of tasks, the people involved need to have in-depth specialist knowledge. When I joined PM Leben as a product manager in 2012, I was already able to draw on a broad range of insurance-related expertise. However, as an economics graduate, I still had "room for improvement" in the area of actuarial topics. The Ulm University's continuing education programme offered me the ideal platform to grow in this area with the "Master Actuarial Science". The gentle introduction to the subject, the high degree of freedom in terms of module selection, the very well-prepared documents and the excellent support have enabled reconciliation of appointment, family and studies. I also made great contacts with other students from the insurance industry. My employer has always supported me on my path to a Master's in Actuarial Science, as the content of the programme has created direct added value for my daily work. The increased specialist knowledge and the discipline required to successfully complete this study/degree programme on a part-time basis have certainly played a part in the fact that I have been Head of PM Life since the beginning of 2018. In short: I would make the decision to do the "Master's in Actuarial Science" again and again - it's worth it!

 

Studying and living in Ulm

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