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M.Sc. in Quantitative Actuarial and Financial Risk Management



The Interdepartmental Postgraduate Program entitled "Postgraduate Diploma in Quantitative Actuarial and Financial Risk Management" aims to provide specialized postgraduate level knowledge in the key areas of Actuarial and Financial Risk Management with an emphasis on Quantitative Methods. Purpose of the program is the training of postgraduate students in the statistical-quantitative analysis of financial and actuarial data and the development of modern techniques in estimating / anticipating business risks in financial and insurance-actuarial products.

The program focuses on the following fields:



Memorandum of Cooperation between the Athens University of Economics and the Association of Insurance Companies of Greece.

The duration of the Program is five semesters, of which the 5th is dedicated to the thesis writing. Classes take place two afternoons per week. 


Three obligatory courses are offered in each of the first four semesters.

The full study guide for the academic year 2022-23 can be found here.


1st Semester



2nd Semester




3rd Semester



4rth Semester



5th Semester

Dissertation Thesis (30 ECTS)

You can find a short description of the courses here.

The programs regulation is here (in Greek).

Proclamation for the academic year 2023-24.

Complaint Form.

Quality Assurance Policy for the M.Sc. in Quantitative Actuarial and Financial Risk Management can be found here (in Greek)

Stochastic and statistic modeling of financial, insurance and actuarial risk
Risk Management Techniques
Selection techniques for financial and insurance portfolios
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