MSc Mathematical Finance and Actuarial Science

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MSc Mathematical Finance and Actuarial Science Information Session for the winter term 2016/2017 October 14, 2016 October 14, 2016 1

Departmental student adviser for MSc Mathematical Finance and Actuarial Science PD Dr. Aleksey Min Contact data: Phone: (089) 289 17404 Email: min@tum.de Lehrstuhl für Finanzmathematik Parkring 11, Zimmer 2.01.04 (2nd Floor) 85748 Garching-Hochbrück October 14, 2016 2

Program Manager MSc (Schriftführer) Dr. Michael Ritter Zentrum Mathematik Boltzmannstr. 3 Office: 02.04.057 D-85748 Garching Email: m.ritter@ma.tum.de Phone: +49 89 289 16880 Fax: +49 89 289 16859 October 14, 2016 3

Examination regulations and Courses in Winter Term 2016/2017 October 14, 2016 4

Study Plan A1.1 Basics (1 compulsory module in the WS) A1.2 Mathematical Finance A1.3 Actuarial Science A1.4 Stochastics A1.5 Mathematics 77 CP A1.6 Management A1.7 Mathem. Modules from other Universities (up to 18 CP) A1.8 Manag. Modules from other Universities (up to 9 CP) Seminar, internship, interdis. basics, Master s Thesis 43 CP in total: 120 CP October 14, 2016 5

Modules of our faculty (Sections A1.1 to A1.5) Compulsory Module (WS) A1.1 Basics (6 CP) Modulnr. Modulname Sem. SWS CP Dauer MA4405 Stochastic Analysis 1 3V+1Ü 6 60-90 min October 14, 2016 6

A1.2 Mathematical Finance (optional module) (min. 16 CP with specialization Mathematical Finance, min. 5 CP with spezialization Actuarial Science) A1.2.1 Core Modules in Mathematical Finance Modulnr. Modulname Sem. SWS CP Dauer MA3701 Discrete Time Finance 1-3 2V+1Ü+1P 6 60-90 min MA3702 Continuous Time Finance 1-3 2V+1Ü+1P 6 60-90 min MA3703 Fixed Income Markets 1-3 2V+1Ü 5 60 min MA5415 Quantitative Risk Management 1-3 2V+1Ü 5 60 min A1.2.2 Modules on Special Topics in Mathematical Finance The catalog is updated before the beginning of each term by the examination board and published on the internet. - MA5725 Commodities Markets (2V, 3 CP) - MA5710 Computational Methods for Finance (2V+1Ü+1P, 6 CP) October 14, 2016 7

Modules from A1.2 in TUM-Online October 14, 2016 8

A1.3 Actuarial Science (optional module) (mind. 14 CP with spezialization Actuarial Science, mind. 5 CP with spezialization Mathematical Finance) A1.3.1 Core Modules in Actuarial Science Modulnr. Modulname Sem. SWS CP Dauer MA3442 Actuarial Risk Theory 1-3 2V+1Ü 5 60 min MA3403 Generalized Linear Models 1-3 4V+2Ü 9 60-90 min MA3453 Health Insurance 1-3 2V 3 60-90 min MA3454 Non Life Insurance 1-3 3V 5 60-120 min A1.3.2 Modules on Special Topics in Actuarial Science The catalog is updated before the beginning of each term by the examination board and published on the internet. - MA4472 Actuarial Mathematics for Pensions (2V, 3 CP) - MA3451 Life Insurance (2V, 3 CP) October 14, 2016 9

Modules from A1.3 in TUM-Online October 14, 2016 10

A1.4 Stochastics (optional module) (min. 9 CP in A1.4.1 or 9 CP in A1.4.2) A1.4.1 Modules in Probability Theory Modulnr. Modulname Sem. SWS CP Dauer MA3408 Markov Processes 1-3 4V+2Ü 9 60-90 min MA5417 Large Deviations 1-3 2V+1Ü 5 60 min MA4406 Probability on Graphs 1-3 2V+1Ü 5 60 min A1.4.2 Modules in Statistics Modulnr. Modulname Sem. SWS CP Dauer MA4401 Applied Regression 1-3 2V+1Ü 5 60 min MA3402 Computational Statistics 1-3 4V+2Ü 5 60 min MA3411 Time Series Analysis 1-3 2V+1Ü 9 60-90 min October 14, 2016 11

Modules from A1.4 in TUM-Online October 14, 2016 12

A1.5 Mathematics (optional module) (min. 9 CP from A1.5.1 or A1.5.2 or A1.5.3) A1.5.1 Modules in Numerics Modulnr. Modulname Sem. SWS CP Dauer MA3303 Numerical Methods of Partial Differential Equations 1-3 4V+2Ü 9 60-90 min MA4302 Computational Inverse Problems 1-3 2V+1Ü 5 60 min MA4303 Advanced Finite Element Methods 1-3 2V+1Ü 5 60 min A1.5.2 Modules in Optimization Modulnr. Modulname Sem. SWS CP Dauer MA2504 Fundamentals of Convex Optimization 1-3 4V+2Ü 9 60-90 min MA4502 Combinatorial Optimization 1-3 2V+1Ü 5 60 min MA4503 Modern Methods in Nonlinear Optimization 1-3 2V+2Ü 5 60 min October 14, 2016 13

A1.5 Mathematics (optional module) (min. 9 CP from A1.5.1 or A1.5.2 or A1.5.3) A1.5.3 Modules in Pure Mathematics Modulnr. Modulname Sem. SWS CP Dauer MA3001 Functional Analysis 1-3 4V+2Ü 9 60-90 min MA3005 Partial Differential Equations 1-3 4V+2Ü 9 60-90 min October 14, 2016 14

Modules from A1.5 in TUM-Online from the last year October 14, 2016 15

A1.6 Management (optional module) (mind. 9 CP) Modulnr. Modulname Sem. SWS CP Dauer WI000091 Corporate Finance 1-3 2V+2Ü 6 120 min WI000092 Banking and Risk Management 1-3 2 S 3 60 min WI000232 Derivatives 1-3 2 S 3 60 min WI000231 Asset Management 1-3 2V+2Ü 6 120 min October 14, 2016 16

Modules from A1.6 in TUM-Online (can be updated) October 14, 2016 17

A1.7 Math. Modules from other Universities (optional module, max. 18 CP) Mathematics modules at other universities (abroad) with no equivalent module at TUM. A1.8 Management. Modules from other Universities (optional module, max. 9 CP) Management modules at other universities (abroad) with no equivalent module at TUM. October 14, 2016 18

For more details see: http://www.ma.tum.de/studium/anerkennungmasteren October 14, 2016 19

Websites regarding the studies TUMonline (campus.tum.de) o Registration for examination o Study status notably Modules on Special Topics o and more Website of the studies (www.ma.tum.de/studium o Modul catalog, Study programmes, examination regulations o Studying abroad o Student council o Link: Prüfungsangelegenheiten o and more October 14, 2016 20

www.ma.tum.de -> Studium -> Prüfungsangelegenheiten October 14, 2016 21

October 14, 2016 22

Actuarial Education @ TUM October 14, 2016 23

Actuarial Education @ M4 October 14, 2016 24

Actuarial Education @ M13 October 14, 2016 25

October 14, 2016 26

For more details see:http://www.ma.tum.de/studium/internshipseminar October 14, 2016 27

Questions regarding the studies: First read through the website! Silke Brandenberg General information for all students and applicants Jobs and contracts for Student Assistants Anja Hoffmann Examination Manager for Master (master@ma.tum.de) Interdis. basics internship seminar, see http://www.ma.tum.de/studium/praktikumsseminar October 14, 2016 28

Questions regarding the studies (cont.): Carola Jumpertz Studies abroad Julia Cyllok Studies abroad October 14, 2016 29

October 14, 2016 30

Questions? October 14, 2016 31