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M.Sc. Actuarial and Financial Mathematics

RPTU Kaiserslautern-Landau Kaiserslautern

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  • No tuition
    Tuition
  • Winter and summer
    Intake
  • English
    Language
  • 30 Apr
    Next deadline

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About the programme

The Master of Science in Actuarial and Financial Mathematics at RPTU Kaiserslautern-Landau is a two-year, research-oriented programme of four semesters, taught mainly in English with some electives possibly in German, with a start in the summer or winter semester. It gives you the theoretical foundations and skills to understand large parts of the increasingly complex financial and actuarial markets, and links mathematics with financial economics. You learn to judge what mathematical modelling can and cannot do for problems in finance and insurance, to build strong models and put them into practice, and you are introduced to current applied research in your major field. In the first three semesters you study actuarial and financial mathematics, statistics and computational methods, and financial economics, with seminars, reading courses and project seminars, or a relevant internship instead of the project seminar. The fourth semester is for the six-month master's thesis.

Fields of study

Mathematics(Mathematics & Statistics)

How to apply

ChannelDirect to university
APSRequired for Application

APS checks your degree papers. You need it if your degree is from India, China or Vietnam.

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Requirements

What you need to apply for Actuarial and Financial Mathematics at RPTU Kaiserslautern-Landau

English language

IELTS Overall
6/ 9.0
View English requirements details

Evidence of sufficient knowledge of the English language: TOEFL of 550/213/80 points or IELTS (band 6), German high school diploma or proof that the courses and lectures at the former university were taught in English,

German language

View German requirements details

Prior knowledge in German is not necessarily required, but international students have to pass a German language test within their first academic year

Tests and documents

Statement of Purpose (SOP)
Required
Curriculum Vitae (CV)
Required
Letters of Recommendation
Required
GRE
Not required
GMAT
Not required
View document requirements details

One page


Curriculum vitae (description of the educational and perhaps professional history),


at least two letters of recommendation,

APS verification

APS certificate
Required for Application

APS checks your degree papers. You need it if your degree is from India, China or Vietnam.

Prerequisites

Applicants must have obtained the necessary subject knowledge during their Bachelor’s, so that they can cope up with the Master’s lectures at RPTU in Kaiserslautern. Their Bachelor's degree must be of a sufficient academic quality.

A specific admission requirement is that the applicant must have successfully passed examinations for the modules "Stochastic Methods” and “Probability Theory” or in equivalent modules from the area of stochastics amounting to at least 18 Credit Points (CP) as well as economics modules from the Bachelor's programme Business Mathematics (or equivalent modules) amounting to at least 16 CP.

  • Academic requirements: Applicants must have obtained a degree equivalent to the Bachelor of Science in Business Mathematics at RPTU in Kaiserslautern before enrolling as a student here.
  • Language requirements: Applicants must demonstrate a good level of competence in the English language (e.g. TOEFL of 550/213/80 points). Prior knowledge in German is not necessarily required, but international students have to pass a German language test within their first academic year. German language courses are offered, starting in August and March. Students who cannot attend these courses must take part in German language courses in their home country.
  • In order to enable students from other Bachelor's or Diploma degree programmes (in particular students with foreign degrees) to be academically at par with the Bachelor’s students from RPTU in Kaiserslautern, candidates might be provided with a conditional admission. This means that the candidates might have to attend additional courses (alongside their usual Master's lectures) and pass the corresponding examinations with a sufficient grade within the first academic year. Only those students who have fulfilled these requirements will be allowed to continue with their Master’s degree. These additional courses are generally pre-requisites for most of the Master’s lectures in the chosen specialization, and must not exceed 60 CP.

Documents checklist

What to prepare for your application to Actuarial and Financial Mathematics

Programme-specific documents

All applicants are required to submit a filled in application form (check under Documents/Links).

Along with the completed application form, the following documents must be submitted:

Curriculum vitae (description of the educational and perhaps professional history),

Evidence of sufficient knowledge of the English language: TOEFL of 550/213/80 points or IELTS (band 6), German high school diploma or proof that the courses and lectures at the former university were taught in English,

Certified copies of final certificates in German or English (university entrance certificate, Bachelor degree or an equivalent degree certificate)*,

Academic transcript (list of all previous courses attended with exam results),

Brief description of the contents of all mathematical lectures attended at university,

At least two letters of recommendation,

Letter of motivation,

Chinese (except for Hong Kong), Vietnamese and Mongolian students must submit the APS certificate.

  • If you do not receive your certification before the deadline, please contact us.

Please submit your complete application via email ([email protected]) and only in PDF form. The size of the email has to be below 5 MB.

https://math.rptu.de/fileadmin/fb/gradschool/Applform_01.pdf (opens in a new tab) application form

This programme applies directly to the university. Submit your documents through the correct channel before the deadline.

Open application portal (opens in a new tab)

Apostille and notarization

Requirements vary by nationality and issuing country. Many German universities require certified translations and, in some cases, document apostilles. Verify current requirements directly with the admissions office, or use our document services for guided preparation.

Need help preparing your documents?

Our document preparation bundle covers SOP, CV, LOR, and translation coordination, reviewed by our team.

View document bundle

How to apply

Step-by-step guide to applying for Actuarial and Financial Mathematics at RPTU Kaiserslautern-Landau

Application procedure

Please add the following documents as PDF and email them together with the filled

application form to [email protected] Be aware of a size limitation of 5 MB

per email

Selection process

No information found

Application quick facts

Apply via

Direct to university

APS

Required for Application

APS checks your degree papers. You need it if your degree is from India, China or Vietnam.

Application fee

60 EUR

Complexity

Medium

Address

Mailing Address

TU Kaiserslautern

FB Mathematik

Graduate School

Postfach 30 49

67653 Kaiserslautern

Germany

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Costs

Tuition

FREE

No tuition fees

Semester contribution

260 EUR

per semester

Application fee

60 EUR

per application

Estimated year-1 total cost

12,424 EUR

Includes tuition, semester contribution, and estimated living costs.

This programme has restricted admission (NC). Admission is competitive and based on academic performance.

Additional fee information

No tuition fees; these are covered by the state of Rhineland-Palatinate.

Plan your total budget for Germany

Use the MS in Germany cost calculator to estimate living expenses, insurance, and your full year-one spend.

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Admission outcomes

Community-reported data from MS in Germany students (2018-2025)

Acceptance rate

0%

0 accepted out of 6 total applications

Grade distributionGerman scale (1.0 = best, 4.0 = passing)

AdmittedRejected
1.02.03.04.0

Based on 6 applications from MS in Germany students 2018-2025.

Based on 6 applications from MS in Germany students 2018-2025.

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