Program Overview

Master of Science (MSc) in Actuarial Science

The Master of Science in Actuarial Science offers a complete education for future actuaries and risk managers. This interdisciplinary program combines technical and quantitative courses with applied courses in regulation, applications, valuation, and risk management.

General Outline

The program involves applied mathematics, finance, statistics, economics, data analytics, management, and information technology. It includes guest lectures from practicing actuaries, programming courses in R and Python, and individual projects. The program fulfills the requirements of the Swiss Association of Actuaries and prepares students for exams from the Institute and Faculty of Actuaries (UK) and the Society of Actuaries (US).

Practical Information

• Organiser: HEC Lausanne, Department of Actuarial Science (DSA)
• Address: HEC Lausanne, Quartier UNIL-Chamberonne, Batiment Internef #258.1, CH-1015 Lausanne
• Degree Awarded: Master of Science (MSc) in Actuarial Science
• ECTS Credits: 120
• Duration: 4 semesters
• Teaching Language: English (Level C1 necessary)
• Admission Requirements: A Bachelor's degree from a Swiss university in Economics, Management, Finance, Information Systems, or Mathematics. Other foreign degrees may be judged equivalent.
• Enrolment and Final Dates: The degree course begins in the autumn semester only. Applications must be submitted before the deadline. Final enrolment date: 30 April. Candidates needing a visa: 28 February.
• Part-time: Possible under certain conditions.

Career Prospects

University studies develop many transversal skills, preparing students for a wide range of employment opportunities in:

• Insurance companies
• Banks
• Consulting firms
• Pension funds
• Regulatory authorities
• Social security institutions
• Multinationals

Exchanges and Mobility

During their third semester, students may study in a university recognized by UNIL under an exchange program, earning up to 30 credits.

Program Details

The program is designed to provide students with a comprehensive understanding of actuarial science, including risk management, financial regulation, and data analytics. It is complemented by practical experiences and projects, ensuring students are well-prepared for their future careers.