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

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 is responsible for two undergraduate courses (1st cycle of study) two graduate courses (2nd cycle of study, which award a master’s degree), two postgraduate courses (3rd cycle of study, which award a doctorate degree), a one year post-graduate course and other short courses. The department's academic staff also cooperates in other courses of all qualification levels taught at NOVA School of Science and Technology.

The scientific activity of the majority of the faculty members of the Department of Mathematics is developed at the Center for Mathematics and its Applications (CMA). Its research work covers four major areas: Algebra, Differential equations and Numerical Analysis; Operational Research, Statistics and Risk Management. CMA is integrated into the NOVA School of Science and Technology and is financed by the Foundation for Science and Technology. In addition to the researchers of the Department of Mathematics, this center has the collaboration of many researchers belonging to several Portuguese and foreign universities. In the last evaluation that have been done by the Foundation for Science and Technology, CMA has obtained the classification of Very Good. The other members of this Department develop its scientific activity integrated in other research centers or autonomously.

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