Actuarial Science and Mathematical Finance
University of Amsterdam offers this 12-month English-taught master's in Business & Law in Amsterdam, ranked #62 by Times Higher Education. an academic Bachelor's or Master's degree in a field with a strong mathematical foundation, such as: Mathematics, Physics or Econometrics.
What it takes to get in
Entry bar: moderate. Driven by specific prior degree and prerequisite coursework.
- English tests
- IELTS 6.5 · TOEFL iBT 92
- English requirement
- TOEFL iBT Test (0-120): minimum total score of 92 with a minimum of 22 per subscore; TOEFL iBT Test (1-6): minimum total score of 4.5 with minimum per subscore: Reading 4.5, Listening 5.0, Speaking 4.0, Writing 4.5; IELTS Academic: overall band score of 6.5 with minimum score per subscore: Speaking and Writing a 6.5 and Listening and Reading a 6.0; Cambridge C1 Advanced or C2 Proficiency: overall score of 180 and a minimum of 180 per skill
- Prior degree
- an academic Bachelor's or Master's degree in a field with a strong mathematical foundation, such as: Mathematics, Physics or Econometrics
- Accepted degrees
- MathematicsPhysicsEconometrics
- Deadline
- 15 Jan 2026
- Apply via
- studielink
What it costs
Plan for roughly €50k–€53k per year all-in as a Non-EU student — tuition plus a normal Amsterdam student life.
Living in Amsterdam →
What you'll study
60 ECTS over 12 months — core foundations, then a track of your choice, then a thesis.
Tracks
Assumed knowledge
In the Master's Actuarial Science and Mathematical Finance you learn about financial and mathematical analysis of complex risk management and insurance topics. If your mind is on mathematics and finance and if you would like to help companies gain insight into the financial consequences of risks, this programme could be for you.
Where graduates end up
What graduates of this programme tend to do — and where they end up working.
Common career paths
Rankings
- Times Higher Education 2026#62
- QS World 2025#55
- Times Higher Education 2025#58
- THE — Law 2026#19
- THE — Business And Economics 2026#93
- QS — Law 2025#36
- QS — Business 2025#95
Visa & life in the Netherlands
The practical stuff — what's allowed, what's funded, what to expect after you graduate.
- Student visa
- Non-EU students need a residence permit (VVR), arranged by the university on your behalf. EU students only need to register with the local municipality.
- Post-study work
- Orientation Year (zoekjaar) visa — 12 months to find skilled work after graduation. No employer sponsorship needed during this period.
- Tuition
- Statutory fee around €2,500/yr for EU students; institutional fees for non-EU students typically range €14,000–26,000/yr depending on the field.
- Scholarships
- Holland Scholarship (€5,000), university-specific funds such as the Amsterdam Excellence and Justus & Louise van Effen scholarships, plus Erasmus+ for EU mobility.
About University of Amsterdam
The University of Amsterdam serves 41,000 students across 147 master's programs, with particular depth in Arts & Humanities, Business & Law, and Social Sciences. Based in Amsterdam, it ranks 55th globally in the QS World Rankings 2025, with subject-level strengths in Medicine (QS #29) and Law (QS #36).
Worth comparing
Same field, similar entry tier. Most applicants apply to 3–5.
Common questions
Is Actuarial Science and Mathematical Finance at University of Amsterdam taught in English?
Yes — the programme is taught entirely in English. Non-native speakers need IELTS 6.5 or TOEFL iBT 92 (minimum).
How much does Actuarial Science and Mathematical Finance at University of Amsterdam cost?
International tuition is €21,800 per year. Over the full 12-month programme that's roughly €21,800 in tuition, before living costs.
What is the acceptance rate at University of Amsterdam?
Not published. Most European public universities don't release acceptance rates — admission is requirements-based, so if you meet the stated requirements your application gets a full review rather than competing against a fixed quota. Based on the published requirements (specific prior degree, prerequisite coursework), the entry bar here is moderate.
Do I need GRE or GMAT scores?
Yes — GRE or GMAT scores are required. Check the programme page for the minimum scores.
Can I work in the Netherlands after graduating?
Yes. The Netherlands offers a one-year Orientation Year (zoekjaar) residence permit to graduates of Dutch universities, letting you live and work in the country while looking for a job — no sponsor required during that year.
When is the application deadline?
The application deadline is 15 Jan 2026. Deadlines can differ by nationality — confirm on the programme page.
Is University of Amsterdam good for Business & Law?
University of Amsterdam ranks #19 in Law (THE 2026).
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