Master in Quantitative Finance and Insurance

ESOMAS, University of Turin

Programme Description

Master in Quantitative Finance and Insurance

ESOMAS, University of Turin

Programme description

The two years Master Programme in Quantitative Finance and Insurance represents a challenging opportunity for acquiring high-level competencies, both methodological and professional, in financial and actuarial modelling and decision making. Our graduates will be able to correctly identify and approach the different problems they will face in a risky and rapidly changing environment, exploiting a good mastering of Mathematics (Differential and Integral Calculus, Optimization, Differential Equations, and more), Probability and Statistics at a not elementary level, a deep understanding of “real life” Finance and Insurance, being risk-conscious in a wide sense.

A good background in Mathematics, Probability, and Statistics is strongly recommended to get a full profit of the program. To help students to refresh their basic knowledge, an intensive short course on the essentials of Mathematical Analysis and Probability will be provided for next A.Y. 2016-17 before classes, from September 6 to September 16.

Educational Goal

The course fits the current convergence of the activities of banks and business, financial companies, with the activities of insurance and reinsurance and social security systems. These organizations deal with issues related to each other, which are studied implementing tools, techniques, and models quite similar when not substantially identical.

The educational aim of the course, in general, is to provide a sound preparation, and knowledge of these tools, techniques, and models, they can find suitable application both in the financial and in the insurance environment, and, being the whole course held in English, both in Italy and almost worldwide. It is generally believed that setting up to date, as also for professional and business activities of all finance and insurance companies are asked to deal with the management and certification of both the assets and the liabilities. Please note that this double competence is also planned in the syllabus for the preparation of the State examination for access to the National Order of Actuaries, Table A, which has reserved activities, as well as to access CFA Institute program to get the Chartered Financial Accounts credentials.

The program provides excellent knowledge of methodologies and logical tools, mathematical statistical and probabilistic, foundations and skills in computer data processing, applying them to: finance, financial intermediation, insurance, retirement planning, risk identification and management, analysis of financial markets, legal aspects of financial and insurance markets, pursuing the integration of different disciplines complementary each other.

The variety of subject areas integrated into a single design will also allow ready adaptation to different and evolving contexts. Some students spent a semester of study abroad, in Seoul, Louvain, Moscow and other prestigious universities.

Professional Profile

Graduates in Quantitative Finance and Insurance, having a thorough knowledge of

financial and actuarial issues can aspire to become:

  • Financial Analyst, an expert in structured finance "from within"


  • Risk Managers

You will be able to implement these skills autonomously and assuming increasing responsibility in different contexts, as it is reported below.

Career Opportunities

In general, the Master degree in Quantitative Finance and Insurance allows entry to:

  • professional activities in finance and actuarial tasks;
  • commercial banks, medium-term loans banks and business, both national and international;
  • brokerage firms and investment consultancy;

  • insurance and reinsurance companies as actuaries and financial managers;

  • private companies in financial services for businesses;

  • public and social security institutions;

  • pension funds;
  • financial and insurance supervisory institutions;
  • financial consultancy firms and insurance;
  • other financial institutions and companies, insurance and social security
This school offers programs in:
  • English

Last updated February 16, 2018
Duration & Price
This course is Campus based
Start Date
Start date
Sept. 2019
Full time
Italy - Turin, Piedmont
Start date : Sept. 2019
Application deadline Request Info
End date Request Info
Sept. 2019
Italy - Turin, Piedmont
Application deadline Request Info
End date Request Info