Admission requirements

Successful enrolment in our programme is subject to a number of admission requirements. In this way students benefit from a high potential, motivated group of talented individuals to further enhance your learning experience.

Only students with a strong quantitative scientific bachelor’s or master’s education with electives or compulsory courses in life and non-life insurance and quantitative finance, can be directly admitted to EMAS.

Direct admission can be possible for students with a bachelor’s or master’s education in Actuarial Science and for students with a master in Econometrics and Operations Research with an actuarial track (several universities). Although most students will have to follow a premaster to get academic and technical skills and actuarial knowledge needed for admission in EMAS.

You qualify for direct admission if you meet the following requirements:

• Advanced knowledge of calculus, linear algebra, probability theory and statistics
• Knowledge of actuarial science at the level of introductory courses on risk theory and life insurance.
• Knowledge of quantitative finance
• Employment in the actuarial domain
• Presence at all courses and cases

The motivation of the prospective students is assessed in an intake interview. In this way students benefit from a high potential, motivated group of talented individuals to further enhance your learning experience.

Contact Leandra Pennartz by email or telephone (030-6866190) for the possibility of a premaster programme or direct admission for your degree.

Modules

Five courses (21 EC's)

The body of knowledge is taught by academic and practical lecturers from leading universities and companies in five courses (21 EC's). Lectures and tutorials for each interactive course are concentrated in four one-day meetings (7 contact hours per day).

Depending on the nature of the course, the meetings may combine lectures with computer sessions or with group discussions. These discussions are focused on integrating the academic knowledge into students every day’s practice, to give rise to further reflection. In addition to attending the course meetings, participants are required to study the course material and to complete homework assignments. The 5 courses are:

1. Statistical Methods
2. Life and Pensions
3. Valuation and Hedging
4. Risk and Regulation
5. Risk Perception and Product Regulation

The courses Statistical Methods, Valuation and Hedging, Life and Pensions, and Risk Perception and Product Regulation are concluded with a written exam. The course Risk and Regulation is concluded with an individual paper.

Exemptions are possible for the first three courses depending on preliminary education. Do you have a MSc in Actuarial Science or in Econometrics? Please contact Leandra Pennartz (030-6866190) for more information.

Six cases (24 EC's)

Because students are already professionally active as actuarial professionals, it is one of the goals of the programme to make full use of the opportunities that arise in such a situation. The programme aims to optimize the cross-fertilization between working and learning. Case-based learning takes place during the six cases in the EMAS-programme, in which students work together in small groups. Experiences on the job are incorporated in the cases and academic knowledge, gained during the courses of the programme, will also be incorporated. During these cases students learn how to use academic knowledge in real life cases. These skills can easily be transferred to the everyday actuarial practice of the student.

The six cases in the programme of EMAS 08 are listed below.

1. Care insurance

2. Agricultural Insurance and Food Security

3. 20/20 vision

4. Pension Fund and Recovery Plan

5. Valuation of a Life Portfolio

6. Banking (Mortgages)

Thesis (15 EC's)

The thesis constitutes proof of the individual qualities of the participant and of his or her ability to carry out an analysis of a specific topic.

Schedule

Click on the link(s) below to view the EMAS-schedule.

• EMAS-08 schedule 2018-2020

• EMAS-09 schedule 2019-2021

• EMAS-10 schedule 2020-2022

Practical information

The EMAS-programme provides direct access to the title Actuary AG (Koninklijk Actuarieel Genootschap).

Please note: It is not possible to register for the programme directly on the website. If you want to register for the EMAS programme, please contact Leandra Pennartz (030-6866190).

Tuition

EMAS-09 (2019-2021)

Euro 27.500**

EMAS-10 (2020-2021)

Euro 28.000**

_{** prices including materials, exam and catering}

Contact details

Actuarieel Instituut
Groenewoudsedijk 80
3528 BK Utrecht

The Netherlands
T +31 (0)30-6866150
E info@ag-ai.nl
W www.ag-ai.nl/ActuarieelInstituut

Coordinator: Leandra Pennartz

T. +31 (0)30-6866190

E. leandra.pennartz@ag-ai.nl

If you want to register for the EMAS, please contact Leandra Pennartz.