Admission requirements
Access requirements for the programme
To benefit by the second-cycle Master's degree programme in Financial and Actuarial Statistical Science one needs to possess the following knowledge:
Mathematics: rudiments of mathematical analysis; matrix algebra; elements of financial mathematics.
Statistics: rudiments of descriptive statistics; rudiments of probability calculus and statistical inference; linear model, a grounding in historical series analysis and multivariate statistics.
Economics. Rudiments of economics and econometrics.
English, B1 level.
To join the Master's degree programme one also needs the following curricular requirements:
1. to have a degree in one of the following classes or possess another academic qualification gained abroad and recognised as suitable:
ex D.M. 270:
Class L41
ex. D.M. 509/99:
Class 37
Or
2. to have a degree in one of the following classes or possess another academic qualification gained abroad and recognised as suitable:
ex D.M. 270:
L-16 Science of administration and organization
L-18 Science of economics and business management
L-31 Science of ICT technology
L-33 Economic science
L-35 Mathematical science
L-36 Political and international relations science
L-40 Sociology
ex. D.M. 509/99:
19 Science of administration
17 Science of economics and business management
26 Science and ICT technology
28 Economic science
32 Mathematical science
15 Political and international relations science
36 Sociological science
and have gained a minimum of the following credits:
statistical-mathematical area
24 credits overall in the following subjects:
SECS-S/06 – Mathematical methods for economics and actuarial and financial science
MAT/02 - Algebra
MAT/03 - Geometry
MAT/05 – Mathematical analysis
MAT/06 – Probability and mathematical statistics
MAT/07 – Mathematical physics
MAT/08 – Numerical analysis
MAT/09 – Operative research
SECS-S/01 - Statistics
SECS-S/02 – Statistics for experimental and technological research
SECS-S/03 – Economic statistics
SECS-S/05 – Social statistics
at least 16 of which are in the following subjects:
SECS-S/01 - Statistics
SECS-S/02 - Statistics for experimental and technological research
SECS-S/04 - Demography
SECS-S/05 - Social statistics
Economic Area
16 credits overall in the following subjects:
SECS-P/01 – Political economics
SECS-P/02 – Economic politics
SECS-P/03 - Science of finance
SECS-P/05 - Econometrics
SECS-P/06 – Applied economics
SECS-P/07 – Business economics
SECS-P/08 – Economics and business management
SECS-P/09 – Business finance
at least 8 of which are in the following subjects:
SECS-P/01 - Political economics
SECS-P/02 - Economic politics
SECS-P/03 - Science of finance
SECS-P/05 - Econometrics
SECS-P/06 - Applied economics
For exams belonging to other SSDs than those listed, provided they are similar in content, the Degree Programme Board may at its discretion grant equivalence for the credits so gained;
Or
Failing possession of the degree and/or credits required, admission to the Master's Degree Programme is conditional on assessment of one's CV by a Committee checking that the background knowledge is appropriate via assessment of the CV and perhaps an interview.
The Committee appointed by the Degree Programme Board will set dates for interviews, to be published on the University Portal.
If the Committee judges the graduate's knowledge and skills to be compatible, it will issue a verdict of suitability, granting admission to the personal knowledge assessment.
Test of language skills
Candidates for this degree programme must be certified level B1 in English by the University Language Centre. Students already possessing the relevant certificates may be exempted.
The degree programme may require any student whose test rates them lower than B1 to make good this starting deficit.
Personal knowledge assessment
To join the second-cycle degree programme you must not only possess the set curricular requisites, but undergo a personal knowledge assessment in the following terms:
If the student passed one of the above degrees with a grade of 95/110 or upwards, the assessment is positive.
If the student does not have one of the foregoing degrees, or gained a grade lower than 95/110, the same Committee as before will assess the background knowledge on the basis of the candidate's CV and any other documentation he/she may care to provide.
The Committee appointed by the Degree Programme Board will set dates for interviews, to be published on the University Portal.
If the Committee judges the graduate's knowledge and skills to be compatible, it will issue a verdict of suitability, granting admission to the Master's degree programme in Financial and Actuarial Statistical Science.
3. For graduates from the previous four-year system admission to the Master's Degree Programme is conditional on assessment of one's CV by the same Committee as above which will check that the background knowledge is appropriate and possibly interview the candidate.
The Committee appointed by the Degree Programme Board will set dates for interviews, to be published on the University Portal.
If the Committee judges the graduate's knowledge and skills to be compatible, it will issue a verdict of suitability, granting admission to the Master's degree programme in Financial and Actuarial Statistical Science.
The Master's degree programme may decide on a special session for international students and appoint a Committee to check the suitability of their academic background, if the Call for study grant allocation allows time (its deadline is usually in May).
If international students have been positively evaluated under the foregoing point, they are exempt from the next step foreseen for the majority of students, viz. a test of their personal knowledge.
