Data science and Actuarial science Master’s Degree
A high-level master actuarial science and data science program offered in partnership with Université du Mans. This master's program enables students to develop dual expertise in actuarial modeling and data analysis.
Language: Bilingual (French or English)
Level : Master’s
Duration :4 Semesters (2 years)
Bachelor’s degree (Bac+3) or above
Program objectives
Enable students to acquire dual expertise in actuarial modeling and data science to address the new challenges of insurance, finance, and healthcare, while benefiting from scholarship opportunities for eligible students.
Target Audience
- Graduates with a bachelor's degree in mathematics, economics, statistics, or computer science
- Insurance-sector professionals looking to specialize in actuarial science and data science
Programs offered in partnership with Université du Mans.
Skills Developed
- Advanced actuarial techniques (pricing, reserving, solvency)
- Data analysis using Python, R, and specialized software
. - Machine learning applied to insurance
- Project management and regulatory monitoring
Career Prospects
- Actuary
- Insurance Data Scientist
- Quantitative Analyst
- Risk Manager
- Actuarial Consultant
Curriculum by semester
Semester 1 — Fundamentals of Probability and Statistics
- Probability and Numerical Probability I
- Statistics, Data Analysis, and Data Processing
- Non-Life Actuarial Science I
- Introduction to Life Insurance: Protection, Health, Savings, and Retirement
- Programming Tools: Python, VBA, and Power BI
- Relational Database Processing (SQL)
- Professional English
- Professional Integration preparation
- Risk Economics and Legal Environment
Semester 2 — Machine Learning and Advanced Modeling
- Probability II and Monte Carlo Methods II
- Statistics II: Fundamental Tools for Data Processing
- Introduction to Programming with R
- VBA Programming II
- Life Actuarial Science II & Non-Life Actuarial Science II
- Financial Models and Risk Theory
- Machine Learning with Python
- Optimization and Machine Learning
- Insurance Contract Law
- Macroeconomic Risks and Financial Cycles
- English + TOEIC Preparation
- Corporate Seminars
Semester 3 — Data Science and Advanced Actuarial Science
- Stochastic Models for Actuarial Science and Finance: Theory, Practice, and Calibration
- Statistics and Time Series for Actuarial Science and Finance
- Advanced Data Analysis II
- Advanced Database Management
- Regulation and Accounting of Insurance Organizations (Solvency II)
- Non-Life Actuarial Science and Reinsurance
- ERM (Enterprise Risk Management) and Asset-Liability Management (ALM)
- Modeling Contemporary Risks and Sustainability
- Machine Learning: Stochastic Optimization and Big Data Analytics (PySpark)
- Deep Learning for Actuarial Science
- English and TOEIC Test
- Professional Communication
Semester 4 — Professional Internship
- 14 week company internship
- Preparation and presentation of a professional internship report
Partnerships & professional immersion
Students in this financial analysis degree benefit from privileged access to leading companies in finance and insurance sectors through:
- Supervised internship opportunities within insurance companies, commercial banks, consulting firms, and asset management companies
- Industry expert presentations integrated into courses and seminars to strengthen practical learning
- Real-world case studies provided by our partners, ensuring strong professional and industry-oriented training
- Supervised internship opportunities within insurance companies, commercial banks, consulting firms, and asset management companies
















Practical Information
Mandatory Internship
Minimum 14 weeks
Languages of Instruction
French & Professional English
Campus
ESPAF Business School, Tunis
