Master in Statistics, Finance and Actuarial science 12 months Postgraduate Program By Institut Polytechnique de Paris |Top Universities
Subject Ranking

# 20QS Subject Rankings

Program Duration

12 monthsProgram duration

Tuitionfee

6,839 EURTuition Fee/year

Scholarship

YesScholarships

Program overview

Main Subject

Mathematics

Degree

Other

Study Level

Masters

Study Mode

On Campus

Stochastic models are intensively used in financial institutions and insurance companies. In addition to model specifications, accurate statistical methods are crucial for estimation, calibration and forecasting. This trend has recently been accentuated by the rise of data science and machine learning. The Statistics, Finance and Actuarial Science Master’s program aims to train high-level specialists in the fields of random modelling and risk management to meet the needs of all types of financial institutions including banks, insurance companies, asset managers and hedge funds. To achieve this ambitious goal, a strong level in probability and statistics is required. The curriculum is organized around core courses in time series, machine learning, risk management, actuarial science and mathematical finance.

Program overview

Main Subject

Mathematics

Degree

Other

Study Level

Masters

Study Mode

On Campus

Stochastic models are intensively used in financial institutions and insurance companies. In addition to model specifications, accurate statistical methods are crucial for estimation, calibration and forecasting. This trend has recently been accentuated by the rise of data science and machine learning. The Statistics, Finance and Actuarial Science Master’s program aims to train high-level specialists in the fields of random modelling and risk management to meet the needs of all types of financial institutions including banks, insurance companies, asset managers and hedge funds. To achieve this ambitious goal, a strong level in probability and statistics is required. The curriculum is organized around core courses in time series, machine learning, risk management, actuarial science and mathematical finance.

Admission requirements

6.5+
90+
  • Completion of the first year of a Master in mathematics at Institut Polytechnique de Paris or equivalent in France or abroad.
1 Year
Sep

Tuition fee and scholarships

Domestic Students

4,648 EUR
-

International Students

6,839 EUR
-

One of the important factors when considering a master's degree is the cost of study. Luckily, there are many options available to help students fund their master's programme. Download your copy of the Scholarship Guide to find out which scholarships from around the world could be available to you, and how to apply for them.

In this guide you will find:
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Where to look for scholarship opportunities

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How to apply to scholarships relevant to you

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A list of available scholarships around the world

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A scholarship application checklist

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More programs from the university

Institut Polytechnique de Paris and it's schools offers a wide range of courses, including:

  • Master’s programs

Institut Polytechnique de Paris offers Master programs in fundamental and applied sciences in a wide range of fields with an international focus. Taught by leading academics and renowned experts, they prepare graduates to engineer industrial innovations.

14 fields of study:


    Entry requirements:
    Master’s are open to students who have completed an undergraduate degree in sciences, engineering or economics and social sciences.

    Tuition fees for a master’s program ranges from €243 per year to €6,243 per year (except for the Nuclear Energy Master which fees are specific), depending on the program itself and the student’s nationality.

    Follow this link to apply


    • PhD Track (Integrated Master and PhD Program)

    PhD Track is a five-year integrated Master and PhD Programs aimed at high-potential undergraduate students who know from Master’s level that they wish to commit to a scientific PhD. The PhD Track offers top students a selective and personalized curriculum with training periods at laboratories and opportunity to focus gradually on their thesis subject. A renowned professor oversees each student’s work.


    Entry requirements:
    PhD Tracks are open to students who have completed an undergraduate degree in sciences, engineering, economics or social sciences.

    Fees: For PhD-Tracks, the 2-year master fees are waived. Fees only amount to €243 per year.  Merit-based scholarships can be granted to the best students.

    Follow this link to apply


    • Engineering programs (Cycles Ingenieurs)

    Each School at Institut Polytechnique de Paris has its own 3-year (or 4-year) Engineering program. A highly selective entrance examination is open to international students who have completed at least 2 years of undergraduate studies.

    It proposes a customizable multidisciplinary education offering a broad scientific and technical knowledge in Institut Polytechnique de Paris’ fields of excellence. The programs allow strong interactions with companies and laboratories and include solid competences in management, law, economics and social sciences.

    Entry requirement: Engineering programs are open to students who have completed at least 2 years of an undergraduate degree in science (mathematics, statistics, applied mathematics, physics, computer sciences) or engineering.

    Fees for international students vary between €1,850 per year to €12,600 per year depending on the School and whether the student is European or not. International students admitted in the frame of international cooperation agreements may benefit from partial or total exemptions of their Engineering program tuition fees.

    Follow this link for more information


    There are a number of scholarships available at Institut Polytechnique de Paris including from the French Government or your country of origin. The Institut Polytechnique de Paris awards merit-based excellence scholarships for students enrolled in PhD tracks. Engineering students may as well benefit from grants or loans from foundations or alumni associations. Host laboratories will provide PhD students with research fellowships.


    International students may apply online directly via Institut Polytechnique de Paris’s website

    Postgrad programs 47890