Institut Polytechnique de Paris
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Master Year 2 Statistics, Finance and Actuarial Science

Master Year 2 Statistics, Finance and Actuarial Science

Program information will be updated when admission opens.

Year

Master Year 2

Program

Statistics, Finance and Actuarial Science

ECTS Credits

60

Language

English and French

Orientation

Industry and Research

Location

Palaiseau Campus

Course duration

12 months, full time

Course start

September

Degree awarded

Master’s degree

WHY ENROLL IN THIS PROGRAM?

Asset n° 1 

Master cutting-edge techniques, theories and practical tools relating to applications in finance and insurance or a research career in academia or industry

Asset n°2

Qualify for a PhD through PhD track in Mathematics for Finance and expand your horizons by combining courses from the M2 Probability and Finance with M2 Data Sciences for Artificial Intelligence

Asset n°3

On completing a subset of specialized courses, obtain an accreditation as an actuary from the French Institute of Actuaries

Stochastic models are intensively used in financial institutions and insurance companies. In addition to model specifications, accurate statistical methods are crucial for estimation, calibration and forecasting. This trend has recently been accentuated by the rise of data science and machine learning.

The Statistics, Finance and Actuarial Science Master’s program aims to train high-level specialists in the fields of random modelling and risk management to meet the needs of all types of financial institutions including banks, insurance companies, asset managers and hedge funds. To achieve this ambitious goal, a strong level in probability and statistics is required. The curriculum is organized around core courses in time series, machine learning, risk management, actuarial science and mathematical finance.

Find more information on the program website

Objectives

This program allows students to:

  • Acquire all the necessary mathematical and cultural tools to meet the evolving needs of financial markets
  • Grasp the complexity of the mathematical tools (probabilistic, statistical or numerical) used
  • Deepen their knowledge of technical fields up to the frontier of research

On graduating, students will be equipped to pursue a career requiring:

  • Random modelling and risk management for all types of financial institutions including banks, insurance companies, asset managers and hedge funds

 

Course details will be available when admission opens.

Admission requirements

Academic prerequisites

Completion of the first year of a Master in mathematics at Institut Polytechnique de Paris or equivalent in France or abroad.

Language prerequisites

  • English
  • French

How to apply

Applications can be submitted exclusively online. You will need to provide the following documents:

  • Transcript
  • Two academic references (added online directly by your referees)
  • CV/resume
  • Statement of purpose

You will receive an answer in your candidate space within 2 months of the closing date for the application session.

Fees and scholarships

Tuition fees will be communicated when admission opens.

Find out more about scholarships

Applications and admission dates

Admission page

Coordinators

Jean-David Fermanian (ENSAE)

Christian Francq (ENSAE)

Christian-Yann Robert (ENSAE)

Program office

Nicolas Apoteker

General enquiries

master-admission@ip-paris.fr

Description

Stochastic models are intensively used in financial institutions and insurance companies. In addition to model specifications, accurate statistical methods are crucial for estimation, calibration and forecasting. This trend has recently been accentuated by the rise of data science and machine learning.

The Statistics, Finance and Actuarial Science Master’s program aims to train high-level specialists in the fields of random modelling and risk management to meet the needs of all types of financial institutions including banks, insurance companies, asset managers and hedge funds. To achieve this ambitious goal, a strong level in probability and statistics is required. The curriculum is organized around core courses in time series, machine learning, risk management, actuarial science and mathematical finance.

Find more information on the program website

Objectives

This program allows students to:

  • Acquire all the necessary mathematical and cultural tools to meet the evolving needs of financial markets
  • Grasp the complexity of the mathematical tools (probabilistic, statistical or numerical) used
  • Deepen their knowledge of technical fields up to the frontier of research

On graduating, students will be equipped to pursue a career requiring:

  • Random modelling and risk management for all types of financial institutions including banks, insurance companies, asset managers and hedge funds

 

Course details will be available when admission opens.

Admission requirements

Academic prerequisites

Completion of the first year of a Master in mathematics at Institut Polytechnique de Paris or equivalent in France or abroad.

Language prerequisites

  • English
  • French

How to apply

Applications can be submitted exclusively online. You will need to provide the following documents:

  • Transcript
  • Two academic references (added online directly by your referees)
  • CV/resume
  • Statement of purpose

You will receive an answer in your candidate space within 2 months of the closing date for the application session.

Fees and scholarships

Tuition fees will be communicated when admission opens.

Find out more about scholarships

Applications and admission dates

Admission page

Coordinators

Jean-David Fermanian (ENSAE)

Christian Francq (ENSAE)

Christian-Yann Robert (ENSAE)

Program office

Nicolas Apoteker

General enquiries

master-admission@ip-paris.fr