Stochastic Modelling, Statistics and Risk Analysis
How can we find out if a new medicine works and which genes increase the risk of a disease? How does an insurance company decide how much your insurance will cost? How can you measure the risk of a financial investment, find an optimal strategy, or set the price of an option? These are some of the questions that you can learn about in this study programme.
A brief description of the programme
In the master's programme in stochastic modeling, statistics and risk analysis, you learn to use and develop different tools based on mathematics, probability, statistics and computer science. Such tools are increasingly used to solve problems in many different fields, such as medicine, biotechnology, industry, social sciences, finance and insurance.
The master's programme has two options:
- In the programme option Finance, Insurance and Risk, you learn to analyze and control various forms of risk using mathematics and information technology, combined with economics, probability and statistics.
- In the programme option Statistics, you will learn about statistical models and methods and how you can use them to aquire knowledge from data.
Study environment
We know that students who thrive are students who are more successful in the academic profession. That's why we want you to be a student with us!
At the start of the study you will get the opportunity to get acquainted with old and new students and employees, both professionally and socially. If you are looking for something practical about your study, or need guidance, please contact us.
The University of Oslo has a rich student life with over 200 student associations. We encourage all our students to engage socially. As a student, you have access to pleasant student areas, both for study and social activities, in close association With the research communities.
Studies abroad
You can travel on exchange through the key agreements the University of Oslo offers. We recommend that you travel preferably in the second, possibly in the third semester. Another possibility is staying abroad in connection with the work with the master´s thesis.
Read more about studies abroad.
Career prospects
After studying, you will have a good foundation for working in a number of areas both in private and public sector. Many of our master's theses are directly linked to practical problems for companies and institutions in Norway. Some of the master's students who achieve very good academic results continue to pursue a research career by taking a doctorate (PhD) at the University of Oslo or another university.
Read more about career prospects.
Honours certificate
Are you academically ambitious? It is possible to supplement your master's degree with an honours certificate worth 20 credits. You take the certificate concurrently with the master's programme.