This master's program focuses on the mathematical techniques used in finance and insurance, preparing students for careers as actuaries and financial analysts. The curriculum includes risk assessment, financial modeling, and investment strategies, thus offering a comprehensive understanding of financial mathematics. Graduates will be equipped to navigate complex financial problems and contribute effectively to industry practices.
The program covers essential topics in risk management, actuarial methods, and financial theory, putting a strong emphasis on both theoretical foundations and practical applications relevant to the finance sector.
Students engage in a structured four-semester curriculum, culminating in a master's thesis focused on real-world financial challenges. Internships can provide hands-on experience in the financial services industry.
Graduates will develop expertise in financial analysis, risk quantification, and statistical modeling, making them valuable assets in finance and actuarial science sectors.
Periods can differ for EU/EEA and non-EU applicants. Always confirm on the official site before applying.
Winter 2026/27
No tuition
EU/EEA students, within the standard study period (plus the ~€25 ÖH student union fee per semester).
€727 / semester
Non-EU / third-country rate. Always confirm on the official site.
€ 25,20 ÖH-Beitrag plus gegebenenfalls anfallende Studiengebühren im Umfang von € 363,36 bzw. € 726,72
Third-country (non-EU/EEA) applicants generally need to have their prior qualifications legalised and translated for the admission application. Exact rules depend on the country that issued each document — always confirm with the university's admissions office.
Program-specific items — a CV, letter of motivation, an entrance exam (e.g. GMAT, GRE, SAT) or a portfolio — vary by degree. Check this program's requirements above and its official page.
The level of legalisation your certificates need depends on your country of origin:
Apostille
If your country is part of the Hague Apostille Convention, an Apostille from the competent authority of the issuing country is sufficient.
No legalisation
A small number of countries have a bilateral agreement with Austria and need no further legalisation.
Full diplomatic legalisation
For all other countries: the full chain — pre-certification by the issuing country's authorities (e.g. Ministry of Education and Ministry of Foreign Affairs), then legalisation by the competent Austrian representation (embassy/consulate).
Translations are usually done after legalisation. Check the required order with the issuing authorities and the Austrian representation.
After admission: proof of sufficient funds, health insurance and the student residence permit are part of the visa process — not university admission. We cover those in the guides.
Vienna University of Technology — Austria's largest research and educational institution in the technical sciences.
Visit university site€350–€650 / month (dorm room)
1040 WienSingle rooms, double roomsAkademikerhilfe
Mayerhofgasse 3, 1040 WienSingle & shared roomsAkademikerhilfe
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