SwissEU™ Dual Qualification
MASTER OF SCIENCE IN ACTUARIAL SCIENCE TOP-UP
The SwissEU™ Master of Science in Actuarial Science – Top-Up is designed for professionals and graduates who have already completed an eligible Level 7 Diploma in Actuarial Science, Insurance, Risk Management, Finance, Mathematics, Statistics, Quantitative Finance or a related quantitative field and wish to progress to a full Master of Science in Actuarial Science qualification through a focused top-up pathway.
Building on the advanced quantitative, financial and risk-related knowledge and learning outcomes already achieved through the Level 7 Diploma, the MSc in Actuarial Science Top-Up focuses on the completion of a Capstone Project, enabling learners to integrate prior postgraduate learning with actuarial analysis, quantitative modelling, risk assessment and applied professional research.
The pathway recognises eligible Level 7 prior learning as the academic foundation for progression to the MSc in Actuarial Science Top-Up stage.
Upon successful completion, learners receive two master’s-level qualifications:
- Master of Science in Actuarial Science from EAI Malta
- Master of Science with an Approved Specialisation from EIMT Switzerland
Delivered through Swiss Live Class Direct™, the programme combines direct Swiss academic engagement, a nationally recognised European master’s qualification and a Swiss master’s qualification with an approved specialisation aligned with the learner’s academic and professional profile.
DUAL QUALIFICATIONS
- Master of Science in Actuarial Science awarded by EuroAmerican Institute, Malta
- Swiss Master of Science qualification awarded by EIMT, Switzerland
EUROPEAN RECOGNITION
- EuroAmerican Institute is recognised by Malta’s national higher education authority, MFHEA
- The Master of Science in Actuarial Science is positioned within the applicable MQF/EQF Level 7 framework
Swiss Specialisation
- Swiss qualification from EIMT with an approved actuarial, risk, insurance, finance or related quantitative specialisation
- Enables learners to develop a more focused academic and professional profile aligned with their expertise and Capstone Project
ONLINE LEARNING
- Swiss Live Class Direct™
- Integrated academic and learner support
- Designed for working professionals in actuarial, insurance, finance and risk-related fields
1. 2 QUALIFICATIONS. 1 TOP-UP PATHWAY.
SwissEU™ integrates two complementary master’s qualifications within one MSc in Actuarial Science Top-Up pathway — combining a Swiss qualification from EIMT with a European qualification from EAI Malta. Eligible Level 7 Diploma holders build upon their existing postgraduate studies and complete the remaining Capstone Project requirement toward the Master of Science in Actuarial Science qualification.
2. SWISS SPECIALISATION ADVANTAGE
The EIMT qualification adds the Swiss academic dimension and allows learners to pursue an approved specialisation within actuarial science, insurance, risk management, finance, quantitative analysis or a related field. The selected specialisation can be aligned with the learner’s previous studies, professional expertise, career direction and Capstone Project, allowing the Swiss qualification to reflect a more focused professional profile.
3. EUROPEAN NATIONAL RECOGNITION
The EAI qualification provides the European component of the pathway through a nationally recognised higher education institution in Malta. This adds a formal European academic qualification to the SwissEU™ dual-qualification pathway while complementing the specialised Swiss qualification awarded by EIMT.
Programme Details
- Master of Science in Actuarial Science from EAI Malta
- Master of Science with Specialisation from EIMT Switzerland
Actuarial Science Capstone Project
Objective: To enable learners to integrate the advanced quantitative, actuarial, financial and risk-management capabilities developed through their Level 7 Diploma and apply them to the investigation, modelling, analysis or evaluation of a significant actuarial, insurance, financial or risk-related problem.
Module:
- Capstone Project
The Capstone Project represents the remaining academic component of the MSc in Actuarial Science Top-Up pathway.
Learners identify an appropriate actuarial, financial or risk-related problem and develop a structured project that may involve actuarial modelling, insurance risk, pensions, mortality and longevity, financial risk, enterprise risk management, quantitative finance, predictive analytics, statistical modelling or another approved area relevant to actuarial science.
Depending on the nature of the project, learners may be expected to define a clear professional or research problem, review relevant literature and actuarial methodologies, identify and analyse appropriate data, select suitable quantitative techniques or models, evaluate results and present academically and professionally grounded conclusions.
The Capstone Project provides an opportunity to demonstrate the integration of prior Level 7 learning with advanced independent work in Actuarial Science.
Eligible prior Level 7 learning forms the academic basis for entry to the Top-Up pathway, subject to institutional verification and academic approval.
Upon successful completion of all academic and graduation requirements, learners receive two master’s-level qualifications:
- Master of Science in Actuarial Science — EuroAmerican Institute (EAI), Malta
- Master of Science with an Approved Specialisation — EIMT, Switzerland
Together, they form the SwissEU™ dual-qualification pathway, combining a nationally recognised European master’s qualification with a Swiss master’s qualification featuring an approved specialisation.
Learners may pursue an approved EIMT specialisation aligned with their professional background, previous Level 7 studies, academic interests and Capstone Project.
The final specialisation is subject to academic review and approval and may be refined to reflect the learner’s completed studies, professional competencies and applied project.
Learners may also complete the programme with a broader Master of Science qualification from EIMT, subject to applicable academic regulations.
Available EIMT specialisations may include:
- Actuarial Science
- Insurance and Risk Management
- Enterprise Risk Management
- Financial Risk Management
- Quantitative Finance
- Insurance Analytics
- Pensions and Retirement Management
- Financial Mathematics
- Applied Statistics
- Data Analytics
- Risk Analytics
- Investment and Wealth Management
- Financial Analytics
- Business Analytics
- Other approved actuarial, financial, insurance, risk or quantitative specialisations aligned with the learner’s academic and professional profile
The availability and final title of a specialisation remain subject to academic review and approval by EIMT.
Typical Route
Applicants should:
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Hold an eligible Level 7 Diploma in Actuarial Science, Insurance, Risk Management, Finance, Financial Mathematics, Statistics, Mathematics, Quantitative Finance, Economics or a related quantitative discipline;
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Have completed the required Level 7 learning outcomes and credits applicable to progression to the MSc in Actuarial Science Top-Up pathway; and
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Provide the relevant qualification certificate and academic transcript for verification.
The Level 7 Diploma must be accepted by the awarding institution as meeting the academic requirements for entry to the MSc in Actuarial Science Top-Up pathway.
Applicants with academic or professional backgrounds in actuarial science, insurance, pensions, banking, finance, investment, risk management, mathematics, statistics, economics, data analytics or related quantitative fields may be particularly suited to the programme.
Recognition of Prior Learning
The MSc in Actuarial Science Top-Up pathway is designed specifically for learners who have already completed substantial postgraduate-level study through an eligible Level 7 Diploma.
Prior Level 7 learning is reviewed under the applicable Recognition of Prior Learning, credit recognition and academic assessment procedures.
Acceptance of a Level 7 Diploma for Top-Up progression is not automatic and remains subject to verification of the awarding body, qualification level, credits, learning outcomes, quantitative content, subject coverage and academic compatibility with the Master of Science in Actuarial Science.
English Language Requirement
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Minimum CEFR Level B2, IELTS 5.5, or equivalent.
Direct academic delivery. Integrated learner support. No franchise teaching.
Learners participate in live online academic, project-development and research-support sessions directly through Swiss Information and Management Institute (SIMI Swiss) and receive integrated academic and learning support throughout their studies.
Under the SwissEU™ academic model, SIMI Swiss focuses on academic delivery, learning experience, Capstone Project development and learner support, while the respective qualifications are awarded by EAI Malta and EIMT Switzerland in accordance with their applicable academic regulations.
Swiss Live Class Direct™ enables learners to access the designated academic delivery structure directly, without franchise-based teaching or intermediary academic providers.
This supports programme consistency, direct academic access and a structured online MSc in Actuarial Science Top-Up experience.
QUALITY ASSURANCE & NATIONAL RECOGNITION
- EIMT Switzerland – International Quality Profile & ACBSP Candidacy
- EAI Malta – Nationally Recognised European Qualification
Swiss academic positioning. European national recognition. One integrated MSc in Actuarial Science Top-Up pathway.
- Two master’s qualifications: a Swiss master’s qualification from EIMT Switzerland and a nationally recognised European master’s qualification from EAI Malta.
- Efficient Top-Up pathway: eligible Level 7 Diploma holders progress directly to the Capstone Project instead of repeating postgraduate learning already completed and academically accepted.
- Approved specialisation: the EIMT qualification may carry an approved actuarial, insurance, finance, risk-management or quantitative specialisation.
- European national recognition: the EAI qualification is awarded within Malta’s regulated higher education framework.
- International quality profile: EIMT maintains international quality-assurance credentials and memberships.
- Applied actuarial project: the pathway integrates prior Level 7 learning with an independent Capstone Project addressing a relevant actuarial, insurance, financial, quantitative or risk-management problem.
Recognition, acceptance, professional use or progression to further study is not automatic and remains subject to the requirements of the relevant institution, employer, professional body or competent authority.
The European master’s qualification within the SwissEU™ pathway is awarded by EuroAmerican Institute (EAI), Malta, a higher education institution licensed by the Malta Further and Higher Education Authority (MFHEA).
Under Higher Education Institution Licence No. 2024-032, EAI operates as a Higher Education Institution in Malta. Its approved programmes are positioned within the Malta Qualifications Framework (MQF) and referenced to the European Qualifications Framework (EQF).
MFHEA is Malta’s competent authority for the licensing, accreditation and quality assurance of further and higher education.
This provides the regulatory framework supporting the EAI qualification within the SwissEU™ dual-qualification pathway.
Aligned with Swiss Live Class Direct™
The online delivery mode of the applicable EAI Master of Science in Actuarial Science programme operates within the relevant MFHEA regulatory and programme-approval framework in Malta.
This complements the Swiss Live Class Direct™ model, through which learners participate in live online academic and project-support sessions and receive integrated learning support.
Together, these elements provide a structured online master’s experience combining direct Swiss academic engagement with the applicable online-delivery framework of the European qualification.
Verify MFHEA-Approved Online Delivery — VIEW HERE
EAI qualifications are positioned within the Malta Qualifications Framework (MQF), which is referenced to the European Qualifications Framework (EQF). This supports transparency and comparability across national qualification systems.
Malta is part of the European Higher Education Area (EHEA) and participates in the Bologna Process, connecting its higher education framework with the wider European higher education architecture.
International qualification recognition information in Malta is supported through MQRIC, the country’s official ENIC-NARIC centre within MFHEA.
Recognition remains subject to the requirements and procedures of the relevant receiving institution or competent authority.
Explore the ENIC-NARIC Network — VIEW HERE
The Swiss qualification within the SwissEU™ dual-qualification pathway is awarded by the European Institute of Management and Technology (EIMT), Switzerland, a private education institution established in the Canton of Zug.
EIMT combines a Swiss academic identity with an international quality-assurance profile focused on applied education, business, management and professional development.
Its institutional quality framework includes ACBSP accreditation candidacy, private external quality assurance, quality certification and international professional memberships.
EIMT has been granted candidacy status in the accreditation process of the Accreditation Council for Business Schools and Programs (ACBSP), an international organisation specialising in the accreditation of business and business-related education programmes.
ACBSP candidacy represents a formal developmental stage in the accreditation process, involving institutional review, quality improvement and progression toward the applicable ACBSP standards.
Candidate status is not the same as accreditation. EIMT or its programmes should be described as ACBSP-accredited only if and when formal accreditation is subsequently granted by ACBSP.
For SwissEU™ learners, this adds an international business-education quality dimension to the Swiss component of the dual-qualification pathway.
In addition to its ACBSP candidacy, EIMT maintains a range of international quality credentials and professional affiliations supporting institutional development, digital learning and applied higher education.
These currently include:
- QAHE — Private, non-governmental institutional accreditation
- AQS / ISO/IEC 40180:2017 — Quality certification for technology-enhanced learning
- EURASHE — Institutional membership
- USDLA — Professional membership
- ATHEA — Institutional membership
These credentials represent different forms of external quality assurance, certification and professional engagement. They should not be interpreted as Swiss governmental accreditation or as automatically conferring recognition of EIMT qualifications by third parties.
Information relating to accreditation, recognition, qualification frameworks, memberships and quality assurance is provided for information and transparency purposes only.
Recognition, equivalency, professional use, further study, employment, professional registration, immigration-related use or acceptance of any qualification is not automatic and may vary according to the country, receiving institution, employer, professional body or competent authority.
Acceptance of a Level 7 Diploma for entry to the MSc in Actuarial Science Top-Up pathway is also subject to academic verification and approval by the relevant awarding institution.
SwissEU™, SIMI Swiss, EIMT and EAI do not guarantee any specific recognition, acceptance, equivalency, credit recognition, professional exemption or third-party outcome.
In particular, completion of the programme does not automatically confer membership, exemption, professional status or qualification as an actuary with any professional actuarial association or regulatory body.
Learners should verify the requirements applicable to their intended academic, professional or actuarial use of the qualification with the relevant receiving organisation, professional body or competent authority.
Frequently Asked Questions
- Understanding Your Dual Qualification
- Using Your Qualifications with Confidence
Upon successful completion of all academic and graduation requirements, learners receive two master’s-level qualifications:
- Master of Science in Actuarial Science from EAI Malta
- Master of Science with an Approved Specialisation from EIMT Switzerland
The MSc in Actuarial Science Top-Up is designed for learners who have already completed an eligible Level 7 Diploma covering substantial postgraduate-level learning in actuarial science, insurance, risk, finance, mathematics, statistics or a related quantitative field.
Rather than repeating a complete taught Master of Science in Actuarial Science curriculum, eligible learners progress to the remaining Capstone Project.
This enables recognised prior Level 7 learning and the Top-Up stage to form a coherent progression toward the complete Master of Science in Actuarial Science qualification, subject to academic verification and approval.
Applicants should hold an eligible Level 7 Diploma in Actuarial Science, Insurance, Risk Management, Finance, Financial Mathematics, Mathematics, Statistics, Quantitative Finance or another relevant quantitative field.
The qualification must meet the applicable academic level, learning outcomes, credit and subject requirements for progression to the MSc in Actuarial Science Top-Up pathway.
Final acceptance remains subject to academic review and approval.
No.
The MSc in Actuarial Science Top-Up pathway is designed for eligible Level 7 Diploma holders whose previous postgraduate learning has been academically accepted toward the taught component of the Master of Science in Actuarial Science.
The remaining academic requirement is the Capstone Project.
The Capstone Project is an advanced independent project enabling learners to apply postgraduate actuarial, quantitative, financial and risk-management knowledge to a substantial professional or research problem.
Depending on the approved project, learners may investigate areas such as:
- Actuarial modelling;
- Insurance pricing and reserving;
- Mortality and longevity risk;
- Pensions and retirement systems;
- Enterprise risk management;
- Financial risk;
- Quantitative finance;
- Predictive analytics;
- Statistical modelling;
- Insurance analytics; or
- Other approved actuarial and quantitative topics.
The project demonstrates the learner’s ability to integrate quantitative knowledge, analytical thinking, independent inquiry and professional application at master’s level.
Yes.
Subject to academic approval, learners may develop a project based on a real actuarial, insurance, banking, investment, pensions, financial or risk-management issue arising from their professional environment.
For example, a learner could investigate claims behaviour, insurance pricing, portfolio risk, mortality patterns, pension liabilities, financial risk modelling or the application of predictive analytics within an insurance or financial institution.
Professional experience can therefore become the foundation for a structured master’s-level Capstone Project.
Yes.
The EIMT Master of Science may carry an approved specialisation aligned with the learner’s professional background, prior Level 7 learning, Capstone Project and intended area of professional development.
Examples may include:
- Actuarial Science;
- Insurance and Risk Management;
- Enterprise Risk Management;
- Financial Risk Management;
- Quantitative Finance;
- Insurance Analytics;
- Financial Mathematics;
- Applied Statistics;
- Data Analytics; and
- Other approved quantitative or financial fields.
The final specialisation remains subject to academic review and approval.
The Capstone Project may contribute significantly to defining the learner’s academic focus.
The final EIMT specialisation may take into account:
- Prior Level 7 studies;
- Professional experience;
- Existing quantitative or actuarial expertise;
- Academic interests; and
- The subject and outcomes of the Capstone Project.
The final specialisation remains subject to academic review and approval.
No.
A qualification carrying a Level 7 designation is not automatically accepted for MSc in Actuarial Science Top-Up entry.
The awarding institution may review factors including the awarding body, qualification level, credits, learning outcomes, mathematics and statistics content, actuarial or financial subject coverage and supporting academic evidence before confirming eligibility.
The programme is delivered online through Swiss Live Class Direct™, enabling learners to participate in Capstone Project development sessions and receive integrated academic, quantitative, research and learner support.
The programme is suitable for eligible Level 7 Diploma holders who wish to progress their existing postgraduate studies toward a complete Master of Science in Actuarial Science qualification.
It may be particularly relevant for professionals working in areas such as:
- Actuarial analysis;
- Life insurance;
- General insurance;
- Reinsurance;
- Pensions;
- Banking;
- Investment;
- Financial services;
- Enterprise risk management;
- Financial risk;
- Quantitative analysis;
- Statistics;
- Data analytics; and
- Other related quantitative professions.
It is designed for learners who have already completed substantial postgraduate-level study and therefore do not need to repeat an entire taught master’s curriculum.
Completion time depends on the learner’s Capstone Project progress, supervision, assessment completion and fulfilment of all applicable academic and graduation requirements.
As a Top-Up pathway, the programme focuses on the remaining Capstone Project after eligible Level 7 prior learning has been academically accepted.
Book a 1:1 consultation
Discuss your Level 7 Diploma, academic background, quantitative experience, professional direction, potential Capstone Project and preferred EIMT specialisation with the SwissEU™ support team. Our team can help you determine whether your Level 7 Diploma may be eligible for the Master of Science in Actuarial Science Top-Up pathway, understand the Capstone Project requirements, explore the dual qualifications and identify the next steps applicable to your academic and professional profile.