The Department offers
- MSc in Applied Statistics,
- MSc in Actuarial Science and Risk Management,
- PhD Degree.

MSC in Applied Statistics

Since Academic year 2001-02 the Department of Statistics and Insurance Science offers a one and a half - year MSc program in Applied Statistics (two-year until 2010). The main objective of the program is to advance the knowledge and research in the broad and rapidly developing field of Applied Statistics.

Applicants for the MSc Program in Applied Statistics can be graduates of Statistics, Mathematics and Economics related Departments or any other University Departments offering a number of courses in Statistics. The duration of the program is three semesters (three semester courses attendance, last semester thesis preparation) and the lessons are taught in Greek and, occasionally, in English language.

The program offers five specializations:
(a) Statistical methods in Finance
(b) Statistical Quality Control
(c) Biostatistics
(d) Social Statistics
(e) Statistical methods in Business Planning - Business Analytics

MSc graduates can for example pursue careers in financial institutions as quantitative analysts, in industry as statistical quality control experts, in medical and epidemiological research institutions as biostatisticians or in various governmental positions that require technical statistical knowledge.

Postgraduate Core Modules:
- Regression Analysis and Analysis of Variance
- Data Analysis Using Statistical Packages
- Generalized Linear Models

Postgraduate Optional Modules:
- Time Series and Forecasting
- Statistical Quality Control
- Clinical Trials
- Investment Analysis and Portfolio Management
- Risk Management
- Experimental Design
- Simulation Methods
- Statistical Reliability Theory and Life Testing
- Survival Analysis
- Biostatistics and Statistical Methods in Epidemiology
- Applied Multivariate Analysis
- Categorical Data Analysis
- Financial Derivatives
- Quantitative methods in Business Administration
- Statistical methods in Social Sciences
- Operations Research and Strategic Business Planning
- Statistical methods for Data Mining

For more information visit  MSc in Applied Statistics web page (In Greek).

MSc in Actuarial Science and Risk Management

    The Master of Science in Actuarial Science and Risk Management, launched in September 2007, is a well-established course that explores the versatile world of the actuarial science and risk management. The course is designed to combine a practical approach with sound theory to create a stimulating learning environment for graduates who are looking to enter the actuarial and risk management profession. Our graduates get equipped for a very wide range of careers in actuarial and risk management departments of banks, insurance companies, securities firms, finance departments of industrial companies, multinational financial organizations, etc.
    Applicants for the Master of Science Program can be graduates of Statistics, Mathematics and Economics Departments or any other University Departments offering a number of courses in mathematics and statistics. The selection of candidates is based on their undergraduate performance, their degrees in mathematics and statistics related courses, previous studies, and an interview. The duration of the program is four semesters; in the first three semesters students attend courses and the last semester is devoted to thesis preparation. Lectures are given in the Greek language. To satisfy the requirements of the degree program students must complete nine core courses, five electives and their thesis.

A tentative list of the courses offered in the postgraduate program is the following:
- Core courses Risk Theory I
- Economic and Financial Mathematics
- Life Contingencies I
- Fundamentals of Risk Management
- Risk Theory II
- Life Contingencies II
- Financial Risk Management
- Enterprise Risk Management for Actuaries
- Pension Funding and Valuation

Electives
- Survival Analysis: Models and Tables
- Investment Theory and Portfolio Management
- Operational Risk Management
- Insurance Premiums Theory
- Special Topics in Life and Health Insurance
- Statistical analysis of actuarial survival models
- Financial Derivatives
- Risk Management in Banking
- Loss Distributions and Extreme Value Theory
- International Financial Markets
- Statistical Methods
- Actuarial Practice in Greece
- Asset - Liability Management
- Mathematics of General Insurance
- Risk Management Strategies

For more information visit  MSc in Actuarial Science and Risk Management web page (In Greek).

PHD DEGREE

The Department offers the opportunity to all interested M.Sc. graduates to pursue a PhD degree by conducting research under the supervision of a faculty member. After conducting original publishable research, writing a thesis, and passing the relevant examination (defense of the thesis before the appropriate committee of faculty members), the candidate is awarded the doctor's degree (doctorate).