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Masters Degrees in Statistics in Estonia

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Actuarial and Financial Engineering MSc

University of Tartu Estonia

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Looking for your first degree in Statistics? See bachelors degrees in Statistics in Estonia

Study a Statistics Masters in Estonia in 2025

Statistics as an academic field focuses on the study and manipulation of data. This involves the gathering, analysis and processing of data, as well as the presentation and conclusion of what the data has shown. There are two main subjects within statistics, these are descriptive statistics and inferential statistics. Statistical findings can be incredibly useful in an extremely wide range of fields, and is not limited to mathematical applications.

Graduates of a masters degree in statistics will have a wide variety of career options available to them. These include actuarial analyst, data scientist, risk analyst, insurance underwriter, and market researcher.

Your degree will be delivered through lectures and seminars, as well as computer laboratory sessions. Modules you study could include:

  • Mathematical Finance
  • Stochastic Models
  • Statistical Optimisation
  • Classical and Quantum Mechanics
  • Advanced Bayesian Methods

Study in Estonia

Although Estonia is a small country, and is home to only around 1.3 million people, it is well developed and has a great higher education system to offer. With the first Estonian university being founded in 1632, the country has a long history of higher education and adopted the Bologna Process in 2002. There are several world ranked universities that offer degrees in the English language, each of them providing a great study abroad experience for international students.

See our detailed guide to studying in Estonia for international students.

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