The study program Insurance Mathematics (abbr. IM) is created with the aim to prepare highly qualified experts for the areas of insurance and finance with the knowledge of mathematical and statistical methods. The program is a balanced combination of mathematics, statistics, and insurance mathematics.
The key courses offered to the students of Insurance Mathematics can be divided into three areas:
During their studies, the graduate of the Insurance Mathematics study program acquires a solid mathematical background and knowledge of core approaches and methods of mathematics and statistics, which enables them to continue their master's studies in the follow-up study program Probability and Statistics, but also in several related programs. In addition to being able to use knowledge of statistics to solve the tasks of data collection and analysis in common statistical models, the graduate also has in-depth theoretical and practical knowledge in the field of insurance, finance, and mathematical modelling. He/she knows the issues and models used in various areas of insurance: life, non-life, health insurance and demographic statistics. The graduate knows how to use information technology and statistical software, can independently work with Slovak and English scientific literature and present his/her results.
Graduates of the study program Insurance Mathematics have career opportunities mainly in the field of insurance, banking, and other related areas, e.g., as actuaries or analysts. They can also apply their knowledge in various other sectors where statistical methods are used, both in public administration and in the private sector. After completing the follow-up program, all graduates were employed, several of whom have already achieved remarkable successes and positions as senior analysts or team leaders in insurance and financial institutions. Larger groups of our graduates work in several major insurance companies, as well as in banks and other financial institutions in Slovakia. Completion of the study provides a strong background for successfully passing international actuarial exams.
Program characteristics:
More information:
Zuzana Takácsová - Team Lead & Expert in the People Analytics department, Swiss Re Management A.G.; graduate of IM and PMS.
“I regard my decision to study at MATFYZ (Faculty of Mathematics, Physics, and Informatics) as one of the most rewarding choices of my life, and I am proud to uphold the faculty's esteemed reputation both professionally and personally.
My passion for learning and career progression is greatly enhanced by my education; it has equipped me with the agility to swiftly adapt to new programming languages, technologies, and innovative methods without hesitation.
Consequently, I am furthering my education at the Faculty of Management.
In the realm of People Analytics at Swiss Re, our work involves analysing the company's internal staff, scrutinising their behaviour,
and conducting comprehensive global reports and analyses, even presenting our findings to the upper echelons of management. Our tools of the trade include SQL for data collection and preparation,
along with R and Python for forecasting and machine learning, complemented by data visualisation through Tableau. For those intrigued, MATFYZ doesn't just teach you how to learn; it fosters independent thinking.
A sincere commitment and countless hours dedicated to computer work or mastering proofs will undoubtedly yield significant dividends in the future.”
