Actuarial and Financial Mathematics

Applicants must have obtained the necessary subject knowledge during their Bachelor’s, so that they can cope up with the Master’s lectures at RPTU in Kaiserslautern. Their Bachelor's degree must be of a sufficient academic quality.

A specific admission requirement is that the applicant must have successfully passed examinations for the modules "Stochastic Methods” and “Probability Theory” or in equivalent modules from the area of stochastics amounting to at least 18 Credit Points (CP) as well as economics modules from the Bachelor's programme Business Mathematics (or equivalent modules) amounting to at least 16 CP.

• Academic requirements: Applicants must have obtained a degree equivalent to the Bachelor of Science in Business Mathematics at RPTU in Kaiserslautern before enrolling as a student here.
• Language requirements: Applicants must demonstrate a good level of competence in the English language (e.g. TOEFL of 550/213/80 points). Prior knowledge in German is not necessarily required, but international students have to pass a German language test within their first academic year. German language courses are offered, starting in August and March. Students who cannot attend these courses must take part in German language courses in their home country.
• In order to enable students from other Bachelor's or Diploma degree programmes (in particular students with foreign degrees) to be academically at par with the Bachelor’s students from RPTU in Kaiserslautern, candidates might be provided with a conditional admission. This means that the candidates might have to attend additional courses (alongside their usual Master's lectures) and pass the corresponding examinations with a sufficient grade within the first academic year. Only those students who have fulfilled these requirements will be allowed to continue with their Master’s degree. These additional courses are generally pre-requisites for most of the Master’s lectures in the chosen specialization, and must not exceed 60 CP.