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Stochastics and Financial Mathematics

Degree type
Language of education
English (100%)
24 months
Tuition fee EU/EEA
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Tuition fee Non EU/EEA
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Education type
Start of program
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Application deadline
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Type of institution
Research University

Program description

Students in the Master's programme in Stochastics and Financial Mathematics become experts in terms of both theory and areas of application. They study the whole depth and breadth of the field.

Stochastics examines phenomena in which chance plays a central role. Examples of such phenomena include election results, fluctuations in stock prices and molecular interaction in a living cell. Stochastics is usually subdivided into three areas: Statistics, Probability Theory and Stochastic Operations Research. Financial mathematics is an important field in terms of the application of Stochastics. Applying a mathematical perspective to questions of finance offers fascinating research possibilities. The programme is offered in collaboration with the VU University Amsterdam, Utrecht University and Leiden University. Together with the National Research Institute for Mathematics and Computer Science both the UvA and the VU University Amsterdam contribute to the city's reputation as being at the forefront of mathematics. In addition, 9 Dutch universities offering a Master's programme in Mathematics and Engineering Mathematics offer joint courses. The UvA works with the VU University Amsterdam. The programme also includes collaboration with Leiden University and Utrecht University. Students profit from the expertise of four universities.

Admission requirements

Grade average

Applicants are expected to have an overall grade point average (GPA) equivalant to at least:

3.0 (American system)
2.1 (a second class upper/division one degree in the British system)
C (ECTS-system)

Admission, however, will not be granted based on a sufficient grade point average alone.

Language requirements

CAE: B1, CPE: B1, IELTS overall band: 6.5, IELTS listening: 6, IELTS reading: 6, IELTS writing: 6, IELTS speaking: 6, TOEFL paper based: 580, TOEFL computer based: 235, TOEFL internet based: 90

More information about Master Admission


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