This programme no longer admits students

Programme structure

The programme option contains three fields of specialisation; Insurance, Risk and Reliability Analysis and Mathematical Finance. The specialisation in Insurance qualifies you as an Actuary.

Recommended study plan for Insurance:

4. semester Master's thesis
3. semester Master's thesis / Master's course Master's thesis / Master's course Master's course
2. semester Master's thesis / Master's course STK4500 - Finance and Insurance Master's course
1. semester STK4540 - Non-Life Insurance Mathematics STK4510 - Introduction to methods and techniques in financial mathematics Master's course
  10 ECTS credits 10 ECTS credits 10 ECTS credits

Mandatory courses for the specialisation Insurance:

STK4500 - Finance and Insurance
STK4540 - Non-Life Insurance Mathematics
STK4510 - Introduction to methods and techniques in financial mathematics

The course STK4520 - Laboratory for Finance and Insurance Mathematics is not mandatory, but strongly recommended for this specialisation.

Recommended courses for the specialisation in Insurance:

STK4000 - Special curriculum and seminar
STK4010 - Asymptotic theory
STK4020 - Bayesian statistics
STK4030 - Moderne data analys
STK4040 - Multivariable analysis
STK4050 - Statistical simulations and computation
STK4060 - Time series
STK4070 - Linear models, random components and general linear models
STK4080 - Survival and event history analysis
STK4110 - Bayesian time series analysis
STK4130 - Estimation Theory
STK4140 - Experimental Design
STK4150 - Environmental and spatial statistics
STK4520 - Laboratory for Finance and Insurance Mathematics
STK4530 - Interest Rate Modelling via SPDE's

Recommended study plan for the specialisation Risk and Reliability Analysis:

4. semester Master's thesis
3. semester Master's thesis/ Master's course Master's thesis/ Master's course Master's course
2. semester Master's thesis/ Master's course STK4400 - Risk and reliability analysis Master's course
1. semester STK4020 - Bayesian statistics Master's course Master's course
  10 ECTS credits 10 ECTS credits 10 ECTS credits

Recommended courses for the specialisation in Risk and Reliability Analysis:

STK4000 - Special curriculum and seminar
STK4010 - Asymptotic theory
STK4020 - Bayesian statistics
STK4030 - Moderne data analys
STK4040 - Multivariable analysis
STK4050 - Statistical simulations and computation
STK4060 - Time series
STK4070 - Linear models, random components and general linear models
STK4080 - Survival and event history analysis
STK4110 - Bayesian time series analysis
STK4130 - Estimation Theory
STK4140 - Experimental Design
STK4150 - Environmental and spatial statistics
STK4500 - Finance and Insurance
STK4510 - Introduction to methods and techniques in financial mathematics

Recommended study plan for the specialisation Mathematical Finance:

4. semester Master's thesis
3. semester Master's thesis / Master's course Master's thesis / Master's course Master's course
2. semester Master's thesis / Master's course MAT4701 - Stochastic analysis with applications Master's course
1. semester MAT4400 - Linear analysis with applications STK4510 - Introduction to methods and techniques in financial mathematics Master's course
  10 ECTS credits 10 ECTS credits 10 ECTS credits

Mandatory courses for the specialisation in Mathematical Finance:
MAT4400 - Linear analysis with applications
STK4510 - Introduction to methods and techniques in financial mathematics
MAT4701 - Stochastic analysis with applications

Mandatory courses for the specialisation in Mathematical Finance from Autumn 2011 are:

MAT4400 - Linear analysis with applications (for students admitted to the programme from the Spring of 2009 until the Spring of 2011 MAT4300 - Measure and integration )
STK4510 - Introduction to methods and techniques in financial mathematics
MAT4701 - Stochastic analysis with application

Recommended courses for the specialisation:

MAT4730 - Mathematical Finance
MAT4340 - MAT4340 - Elementary functional analysis
MAT4500 - Topology
MAT-INF4300 - Partial differential equations and Sobolev spaces I
STK4060 - Time series
STK4500 - Finance and Insurance
STK4520 - Laboratory for Finance and Insurance Mathematics
STK4530 - Interest Rate Modelling via SPDE's

The first semester of the Master’s programme starts with courses that give you a foundation for further specialisation towards your Master’s thesis. After this, the study plan varies depending on whether you will be commencing upon a 30 ECTS credit Master’s thesis or a 60 credit Master’s thesis:

• Short thesis: You continue with courses chosen from the programme option’s recommended list and within the specialisation you choose (see the plan above) in the second and third semester. During the third semester you discuss with your supervisor what the topic for your thesis should be. The thesis is carried out in the fourth semester.
• Long thesis: You commence on your Master’s thesis during the second semester and also take courses from the programme option’s recommended list. Which optional courses you should choose, should be discussed with your supervisor. In the second semester you take 10 ECTS credit courses and work on your thesis. The last semester is in its entirety devoted to thesis work.

Recognition of Master courses from former education

If you are admitted to the Masters Programme and you have completed Master courses outside the University of Oslo, you may apply to have these courses recognised as part of your degree. Please contact the Department of Mathematics for more information.

Published June 6, 2012 10:00 AM - Last modified Jan. 29, 2014 10:03 AM