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 consider studying at MATFYZ (Faculty of Mathematics, Physics and Informatics) to be one of the best decisions in my life and I proudly share the good name of the faculty at work and in private. I like to learn and move in my career life and thanks to my studies I feel that I can do it fast and I am not afraid to change programming languages, technologies or try new methods. That is why I am currently continuing my education at the Faculty of Management. At People analytics, we analyze the company's internal employees, examine their behavior, report and analyze globally for the entire Swiss Re, and present the results even to top management. We work with SQL to collect and prepare data, we use R and Python for predictions and machine learning. We do data visualization using Tableau. If you are interested, MATFYZ will teach you how to learn and also to think independently. An honest approach, the hours spent in front of a computer or sitting at a table learning proofs will definitely pay off many times over in the future.”
