Master in Mathematics and Applications


Master in Mathematics and Applications

Started at 2007/2008. Minimum number of credits for the degree is 120.


The objective of the MSc in Mathematics and Applications is to provide a rigorous scientific training to produce experts capable of approaching high level interdisciplinary research in Applied Mathematics, applying the most recent techniques to solve concrete problems coming from scientific laboratories or industrial companies. The program offers three specialization areas (Profiles): Actuarial Sciences, Statistics and Operation Research; Pure Mathematics; and Financial Mathematics.

The Profile in Actuarial Sciences, Statistics and Operation Research is suitable for those wishing to consolidate these three complementary areas to develop a broad spectrum expertise appropriate to address wide range problems from industry, banks, and insurance companies among others.

The profile in Pure Mathematics is suitable for those wishing to pursue research in pure mathematics (e.g., algebra, analysis, general topology, differential equations, mathematical logic). Pursuing research (to a PhD degree) or enter industry with a deep mathematical training are the main paths after concluding studies in this Profile.

The Profile in Financial Mathematics is suitable for those wishing to develop a strong mathematical background directed to the solution of real finance problems.

Structure - Actuarial Science, Statistics and Operations Research

Structure - Pure Mathematics

Profile Financial Mathematics


Career opportunities

  • Insurance companies
  • Banks
  • Business
  • Scientific laboratories
  • Research

2020/21 Fees

Tuition information

Portuguese students (already enrolled in 2019/20): 1063,47 €/year

Portuguese students (for those entering 2020/21): 2000 €/year
Foreign students: 7000 €/year



Daytime (Actuarial Science, Statistics and Operations Research and Pure Mathematics Profiles), after working hours (Financial Mathematics)


1st phase: 1st may to 15th june
2nd phase: 1st to 24th july 2020
3rd phase: 4th to 22nd january 2021

Acceptance rate in masters

Accepted applicants will have to pay (within a maximum of 7 consecutive days from the date of placement) a non-refundable rate of 300 euros, which will be deducted, after registration, from the total tuition fee. Any payment made after the deadline will not be refunded, leaving the candidate excluded.


Entrance requirements for the 2020/2021 academic year

Vacancies for 2020/2021:


Admission rules:

The eligibility criteria for the Master in Mathematics and Applications are:

  1. To have a bachelor degree or a formal equivalent in the areas of Exact Science, Engineering, Finance, Management or Economics with background in Mathematics.
  2. To have a foreign bachelor degree, in the areas mentioned above, according to the principles of the Bologna Process and from a state where this Process was adopted.
  3. To have a foreign university level degree, in the areas mentioned above, with the level of a Bachelor degree recognized by the Scientific Council of FCT NOVA.
  4. To have an academic, scientific or professional profile, recognized by the FCT NOVA as appropriate for the Master programme.


Candidates fulfilling the academic and curricular requirements, given in the previous items, will be selected and ranked based on the following criteria

  1. Bachelor grade
  2. Academic and scientific curriculum
  3. Professional curriculum
  4. Possible interview

Course coordinator:

Professor Maria Isabel Azevedo Gomes

Registration and Accreditation


Registration number R/A-Ef 3113/2011 on 18/03/2011


Accreditation on 16/07/2015, for 6 years

About the Department of Mathematics

The Department of Mathematics (DM) is a permanent teaching and research unit of the Faculty of Sciences and Technology of the Universidade Nova de Lisboa (FCT NOVA). In the DM, multiple activities in the field of Mathematics are developed, ranging from teaching and research to promotion and dissemination, through lifelong training and the provision of services to the community. The DM consists of 83 professors, of whom 79 have doctorates.

The DM is in charge of the Degree in Mathematics, the Degree in Mathematics Applied to Risk Management, the Master in Actuarial Mathematics, the Master in Mathematics and Applications, the Master in Mathematics Teaching for the 3rd cycle of Basic Education and Secondary Education, as well of the PhD in Mathematics at NOVA University. The DM also ensures the teaching of propaedeutic subjects in the field of Mathematics for the various courses at FCT NOVA.

More info