Universities / KU Leuven
Master of Actuarial and Financial Engineering (MAFE)
Two-year English-taught master covering actuarial engineering, risk engineering, financial engineering and regulation, aligned with the Belgian actuarial association syllabus; electives can come from UCLouvain and ULB.
What you’ll study
Core
- Actuarial Engineering: Life, Health and Pensions
- Actuarial Engineering: Data Science Methods
- Risk Engineering
- Financial Engineering
- Regulations
Electives
- Electives incl. courses from UCLouvain and ULB
Source: onderwijsaanbod.kuleuven.be ↗
Before you apply
- Background
- Solid background in mathematics, probability and statistics; basic economics and ICT (preparatory programme in economics available)
- Maths
- mathematics; probability theory; statistics
- Other
- Applicants from outside Flanders go through a separate admission process
Source: onderwijsaanbod.kuleuven.be ↗
After graduation
- Typical first roles
- product development and pricing, solvency calculations, risk management, asset and liability management
- Employers
- insurance companies, banks, pension funds, consultancies, government institutions (sectors)
Source: onderwijsaanbod.kuleuven.be ↗
Want to see what employers ask for? Browse open quant roles.
Checked 6 November 2026 against the sources linked on this page. Fees, units and requirements change each year, so confirm them on the programme’s website before applying.