Program Overview

Stochastic Modelling, Statistics and Risk Analysis

The Stochastic Modelling, Statistics and Risk Analysis programme is a master's degree that delves into the intricacies of statistical analysis, risk assessment, and stochastic modelling. This programme is designed to equip students with the knowledge and skills necessary to tackle complex problems in fields such as medicine, finance, and insurance.

Programme Details

• Level: Master
• Duration: 2 years
• ECTS Credits: 120

Programme Description

This programme explores the application of stochastic modelling, statistics, and risk analysis in various fields. Students will learn how to find out if a new medicine works, which genes increase the risk of a disease, and how insurance companies decide on insurance costs. Additionally, they will discover how to measure the risk of financial investments, find optimal strategies, and set the price of options.

Programme Options

• Finance, Insurance and Risk Analysis
  • This option focuses on the application of stochastic modelling and risk analysis in finance and insurance.
• Statistics
  • This option delves into the theoretical and practical aspects of statistical analysis.

Programme Structure

The programme is structured to provide students with a comprehensive understanding of stochastic modelling, statistics, and risk analysis. The curriculum includes a range of courses that cover the theoretical foundations of the field, as well as practical applications.

Career Opportunities

Graduates of this programme will have a wide range of career opportunities in fields such as finance, insurance, medicine, and research. They will be equipped with the skills and knowledge necessary to tackle complex problems and make informed decisions.

Programme Offered By

The Stochastic Modelling, Statistics and Risk Analysis programme is offered by the Department of Mathematics.