Course Offer

This page provides an overview of courses offered in the current and upcoming semesters. Links to course information given in the “Courses offered in the winter term 2026/27” section can only be accessed with a valid university account. To view an individual course page, you need to “enrol” for the respective Moodle course. This does not mean that you have to take the course or that you make any other commitments. You can also unenrol from a Moodle course at any time. Prospective students can find course descriptions for all offered courses here. 

Course schedule

Offered courses in winter term 2026/27

Actuarial ScienceFinancial EconomicsMathematicsQuantitative MethodsOther

Derivatives, 7 CP

Financial and Actuarial Risk Models, 7 CP

Risk Theory I, 9 CP

Life-, Health- and Pension-Mathematics, 9 CP

Data Analytics in Life Insurance, 3 CP

Ausgewählte Aspekte aus Aktuarwissenschaften 
(German only), 4 CP

 

Asset Pricing, 7 CP

Derivatives, 7 CP

Investment and Risk Management, 6 CP

Business Unit Strategy and Corporate Finance, 7 CP

Research in Finance, 4 CP

Life-, Health- and Pension-Mathematics, 9 CP

Data Analysis: Prediction and Causality, 9 CP

Blockchain Fundamentals: Technology, Finance and Law, 4 CP

Foundations and Challenges of Modern AI, 6CP

Financial Statement Analysis, 2 CP

 

Discrete Time Financial Mathematics, 5 CP

An Introduction to Measure Theoretic Probability, 5 CP

Elements of Mathematical Statistics, 5 CP

Advanced Statistics, 4 CP

High-dimensional Statistics, 5 CP

Mathematics of Machine Learning, 9 CP

Risk Theory I, 9 CP

Point Processes, 5 CP

Mathematics of Games II, 4 CP

Markov Chains and Monte Carlo Simulation, 4 CP

Graph Theory, 9 CP

Introduction to Optimal Transport II, 5 CP

High Performance Computing I, 8 CP

Data Analysis: Prediction and Causality, 9 CP

Learning Systems II, 6 CP

 

Seminars

Risk Management Roundup, 4 CP

Practical Actuarial Science, 4 CP

Interdisciplinary
Competences and Language Skills* 

Here's a first and third semester timetable (updated on October 9, does not necessarily contain all offered courses).  Please verify the credit point information given here using the information provided on the webpages for the course you are interested in. Please also ensure that you can choose the desired courses in your specialization and include them in your study plan. To do that, go to Campusonline and navigate to Study → Browse Module Descriptions → Master of Science → Finance → Your Specialization and Exmination Regulations. Note that you have to be logged in order to do that.

If you want to take an exam in a course that is offered this term but that is not listed here you must clarify this with Stefan Rausch or Prof. Löffler by the end of October.

* Please note that German language courses other than the ones specifically offered for international MSc students are usually not eligible. If you already have prior knowledge of German at a level above B1, you can take interdisciplinary competence courses instead of German language courses. To find suitable courses, please log in to CampusOnline and navigate to:  Study → Browse Module Descriptions → Master of Science → Finance → Examination Regulations 2025 → your specialization → Complementary Area → Interdisciplinary Competences and Language Skills → Additive Key Qualifications I. Furthermore, English language courses below C1 and language courses in your mother tongue are not eligible.

 Note that there are DAV Supplements which can be obtained in the following courses:

  • "Versicherungsmathematik"  in Life,- Health and Pension-Mathematics (one part, other part can be obtained in Risk Theory II)
  • "Angewandte Stochastik" in Risk Theory I
  • "Finanzmathematik und Risikobewertung" in Derivatives

Please contact the course instructors or Dr. Schelling if you have any questions about the DAV supplements.

If you need help in your course selection, you can contact Stefan Rausch.

Courses to be offered in the next semesters

This schedule is preliminary and may be subject to change.

Actuarial ScienceFinancial EconomicsMathematicsQuantitative MethodsOther

Insurance Economics, 6 CP

Risk Theory II, 9 CP

Asset Liability Management, 10 CP

Actuarial Data Science, 7 CP

Management of (Re-)Insurance Companies, 4 CP

Qualitatives Risikomanagement in der Versicherung, 4 CP (German)

tba

Credit Analysis, 7 CP

Financial Modeling, 3 CP

Advanced Financial Intermediation, 7 CP

Issues in Emerging Market Finance, 3 CP

Machine Learning and Decision Making, 4 CP

Asset Liability Management, 10 CP

Insurance Economics, 6 CP

tba

Continuous Time Financial Mathematics, 5 CP

Stochastic Analysis, 5 CP

Risk Theory II, 9 CP

Mathematics of Games, 9 CP

tba

Data Mining, 6 CP

Machine Learning and Decision Making, 4 CP

Advanced Methods in Data Mining and Machine Learning, 6 CP

Learning Systems I, 6 CP

tba

Seminars

Practical Actuarial Science, 4 CP

Practical Financial Engineering, 4 CP

Project Class in Asset Management, 4 CP

Additional Key
Qualifications

 

This schedule is preliminary and may be subject to change.

Actuarial ScienceFinancial EconomicsMathematics
 
Quantitative MethodsOther

Derivatives, 7 CP

Risk Theory I, 9 CP

Life, health and pension mathematics, 9 CP

Data Analytics in Life Insurance, 3 CP

Ausgewählte Aspekte aus Aktuarwissenschaften, 4 CP 
(German or English)

tba

Asset Pricing, 7 CP

Derivatives, 7 CP

Issues in Emerging Market Finance, 3 CP

Investment and Risk Management, 6 CP

Business Unit Strategy and Corporate Finance, 7 CP

Research in Finance, 4 CP

Blockchain Fundamentals, 4 CP

Life-, Health- and Pension-Mathematics, 9 CP

Data Analysis: Prediction and Causality, 9 CP

Financial Statement Analysis, 2 CP

tba

Discrete Time Financial Mathematics, 5 CP

An Introduction to measure-theoretic probability, 4 CP

Risk Theory I, 9 CP

Mathematical Statistics, 9 CP

Advanced Statistics, 4 CP

Mathematics of Machine Learning, 9 CP

Graph Theory I, 9 CP

High Performance Computing 1, 8 CP

tba

Data Analysis: Prediction and Causality, 9 CP

Learning Systems II, 6 CP

tba

Seminars

Risk Management Roundup, 4 CP

Practical Actuarial Science, 4 CP

Additional Key
Qualifications

 

Study plans

The study plans (study plans for students enroled before the winter term 2025/26 are available here) show typical courses of study, seperately for the three possible specializations. Note that the credit points stated per semester are not binding: You do not need to achieve exactly the stated number of points per semester.

A list with course descriptions for all available courses can be found here.