Financial and Insurance Mathematics

General information

The objectives the of the three-year Bachelor's degree programme of Financial and Insurance Mathematics are to educate and prepare experts for the work in the insurance and banking, with a broad basis of knowledge in mathematics and thorough skills and knowledge in the field of financial mathematics, banking, and insurance. The main purpose of the studies is to acquaint students with both theoretical and practical aspects of mathematical models and analytical methods.

This approach to the studies in this study programme provides students with basic skills and knowledge in various areas of mathematics, with the emphasis on applications of mathematical-statistical methods for banking and insurance. Besides mathematical courses, students take also selected courses at the Faculty of Economics and Administration. Theoretical courses are supplemented by practical courses enabling students to master modern methods of mathematical modelling in banking and insurance, data analysis, and their computer implementation.

The study programme aims mostly at students with a solid background in mathematics from grammar school who are interested in applying mathematics to solving practical problems, which are commonly encountered in financial and insurance sectors.

A successful graduate is able to

  • apply logical, analytical, and abstract thinking when solving practical problems
  • understand general theoretical principles of mathematical methods
  • apply analytical and optimization methods to solving practical problems
  • solve problems in banking and insurance and interpret results in practice
  • implement methods on computer and work with data sets
  • use modern mathematical tools for computations in problems of financial and insurance mathematics

Graduate employment

The graduates will find employment in financial institutions - banks, insurance companies, pension and investment funds, audit and consultancy companies. They can work as company financial analysts and in the state administration.

Most students are expected to continue in their studies and enrol in the follow-up Master's degree programme of Financial Mathematics.

Faculty Faculty of Science
Type of study bachelor's
Mode full-time
Standard length of studies 3 years
Language of instruction czech

Field of study combinations

Field combinations with Financial and Insurance Mathematics


This field of study is only offered in single-subject study mode

Admission Requirements

The Learning Potential Test (Czech only)

Recommended literature

Passing the Learning Potential Test is not based on any special reading. Examples of previous years' tests can be found on http://www.muni.cz/study/admission/tsp

Evaluation criteria

The Learning Potential Test results

Frequently enrolled courses

Recommended study plans and other information can be found in the faculty study catalouge.

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