Sept 2025 Entry
2 years
31
Most students can complete the programme in 1.5 years.
Entry scholarships will be granted to applicants with excellent academic achievements. Please refer here for further details.
What's New
Programme Aims
The main aim of the Actuarial and Investment Science (AIS) specialism is to provide students with a solid foundation of actuarial and investment science. Graduates will become leading professionals in addressing business and societal problems that require identification, quantification, assessment or management of the financial implications of risk.
Characteristics
Our programme provides graduate-level subjects with an emphasis on the advanced methodologies and techniques of actuarial and investment science that are useful to financial and actuarial professionals.
Our focus is on applications and the use of software packages to handle real-world data and solve practical problems.
In recent years, our graduates in Actuarial and Investment Science specialism have continuously secured internship positions in leading insurance companies and investment banks as actuaries and data analysts in both Hong Kong and Mainland China.
Programme Structure
A student studying for Master of Science (AIS) award must complete:
- 6 Compulsory Subjects (18 credits) + 4 Elective Subjects (12 credits), or
- 6 Compulsory Subjects (18 credits) + 1 Elective Subject (3 credits) + a Dissertation (9 credits)
There is also a 1-credit compulsory subject, Academic Integrity and Ethics in Science.
For details of the programme structure, please refer to https://www.polyu.edu.hk/ama/study/pg/master-applied-mathematics-aim/.
Core Areas of Study
6 Compulsory Subjects (18 credits)
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Credibility Theory
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Investment Science
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Life Contingencies
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Loss Models and Risk Analysis
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Probability and Stochastic Models
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Statistical Inference
Academic Integrity and Ethics in Science (1 credit)
Elective Subjects (12 credits):
- Any 4 subjects from below list; OR
- Dissertation (9 credits) and 1 Elective subject (3 credits)
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Advanced Topics in Quantitative Finance
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Applied Linear Models
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Current Topics in Actuarial Science
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Forecasting and Applied Time Series Analysis
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Mathematics of Derivative Pricing
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Mathematics of Finance
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Optimal Control with Management Science Applications
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Optimization Methods
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Principles of Corporate Finance
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Quantum Computing for Data Science
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Simulation
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Statistical Data Mining
Information on the subjects offered can be obtained at https://www.polyu.edu.hk/ama/study/pg/master-applied-mathematics-aim/curriculum/.
31
Programme Leader
Dr Lou Yijun
BSc, MSc, PhD
Deputy Programme Leader
Dr Zhang Guofeng
BSc, MSc, PhD
Assistant Programme Leader
Dr Fu Guanxing
BSc, MSc, DSc
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A Bachelor's degree with Honours in engineering, computer science, basic science, business, economics, or the equivalent.
If you are not a native speaker of English, and your Bachelor's degree or equivalent qualification is awarded by institutions where the medium of instruction is not English, you are expected to fulfil the University’s minimum English language requirement for admission purpose. Please refer to the "Admission Requirements" section for details.
For further information, please contact Mr Tim Tsui, Programme Secretary (tel: (852) 2766 6947);
or email: msc.ds.ais@polyu.edu.hk;
or visit our website at https://www.polyu.edu.hk/ama/study/pg/master-applied-mathematics-aim/.
3 for local students
9 for non-local students
HK$9,400 per credit for local and non-local students
(Note: There is no tuition charge for the 1-credit Academic Integrity and Ethics subject.)
Required
Required
Please submit all relevant professional qualifications/examination results obtained, e.g. Society of Actuaries (SOA) examination results.
