Financial and Actuarial Economics

Basic Information

What knowledge will I acquire with this Degree?

At the end of the Degree studies, you will be able to:

Analyze financial information
design strategies
Start up financial aspects of the company (accounting, management control and treasury areas), as well as assume the direction and control of them
Carry out financial studies of various types (expenses, investment analysis, mode of financing, etc.)
Direct and coordinate the processes and policies of a company, maintaining relationships and negotiations with financial entities
Prepare budgets and forecasts of a financial nature, both at the level of the entire company and of a specific area;
Supervise the economic and financial administration of a company, establishing the most effective processes and the necessary measures to improve profitability and business competitiveness
Monitor risks and coverage, asset and liability management, as well as
as compliance with economic-financial regulations, to achieve the company's objectives.
Develop tasks of financial intermediation
Know and apply the basic mathematical and statistical tools for the assessment and management of financial and actuarial risks

Where will I be able to work when I graduate?

The most common professional opportunities for Graduates of this degree are oriented towards the financial system, thus being found in Banks, Savings Banks, Loan Entities, Pension Plan and Fund Managers, and Insurance Companies, among others. In the same way, due to their training, they can participate in the financial function of all types of industrial and service companies (highlighting in the positions of risk managers and financial analysts), thus being able to join as specialists and experts in this field in the departments of any company related to finance, insurance, administration and accounting. For these reasons, they may be able to work as insurance specialists, directors of administration and finance, heads or technicians of accounting and actuarial departments, stock advisors and investment technicians, as well as advisors or consultants, or in teaching and university education. .

In the same way, they can also develop their professional work in specific content tasks such as: financial analyst, risk analyst, financial director, internal auditor, bank branch manager, insurance company, etc.

Is this Degree official according to the regulations required by the European Higher Education Area?

Yes (final verification report is attached), the implementation of the degree will be done progressively, starting the first year in the academic year 2010-11.
The final verification report turned out favourable.

Favorable report first modification

Favorable report second modification

Favorable report third modification

Favorable report fourth modification

What subject areas will I address in this grade?

The areas of knowledge that make it up are focused above all on the study of economics and finance, financial and actuarial mathematics, statistics, accounting for financial and insurance companies, financial management, economic analysis, and law applied to companies owned by the sector.

Recommended Income Profile

Due to the characteristics of the degree, our students must be interested in the economy in general, and in the financial and actuarial field in particular, have a facility for mathematics, statistics and accounting, interest in social issues and ease of understanding. For this reason, it would also be desirable for them to possess a series of characteristics and abilities such as:

Logical and mathematical reasoning ability
Abstraction capacity
Interest in financial matters
Analisis and synthesis capacity
Interest in social issues

Objectives

Provide solid scientific and technical knowledge both in the financial field and in that of insurance companies. To do this, it will train professionals capable of managing this type of company, whether banking, insurance, or belonging to the financial field in general. Our students will obtain a profound vision of all the technical areas of these companies, being able at the end of their studies to, among other functions, analyze financial markets, manage banking and insurance companies, value investments and financial assets or carry out risk analysis. .
Its general objectives are the following:

Acquire a general and sufficiently broad knowledge of the economic and business world in its different facets.
In the same way, of the mathematical and statistical techniques necessary for the resolution of problems in the Social Sciences.
Understand specifically and in depth the phenomena of a financial and actuarial nature and their modelling.
Acquire the necessary knowledge of the Management tools required in the resolution of characteristic business problems, and in particular those typical of financial and insurance companies.
Know how to use computer applications to solve the models built to represent and assess economic and business phenomena in general, also specializing in those financial-actuarial phenomena.
Being able to present ideas and arguments, both orally and in writing, related to complex specific concepts inherent to the area of Economy and Business in general, and finance and insurance in particular.

Competences

GENERAL COMPETENCIES

CG1 Ability to solve problems
CG2 Capacity for analysis and synthesis
CG3 Ability to analyze and search for information from various sources
CG4 Capacity for organization and planning
CG5 Ability to make decisions
CG6 Oral and written communication skills
CG7 Ethical commitment to work
CG8 Ability to work in a team
CG9 Critical and self-critical capacity
CG10 Ability to adapt to new situations
CG11 Autonomous learning capacity

SPECIFIC COMPETENCES

CE1 Basic knowledge of the economic environment
CE2 Basic knowledge of the social environment of the company
CE3 Specific knowledge in relation to the operation, management and control of the different areas of the company.
CE4 Knowledge of Mathematical Analysis, Algebra, Probability and Statistics
CE5 Knowledge of quality systems
CE6 Ability to understand the legal framework that regulates the financial and actuarial sector
CE7 Knowledge of the main institutions that are integrated into the Financial System
CE8 Understand the dynamic nature of economic phenomena
CE9 Ability to apply knowledge in practice
CE10 Creation of mathematical models for real situations
CE11 Visualization and interpretation of solutions
CE12 Design and evaluation of models
CE13 Ability to analyze and measure risks of a financial-actuarial nature
CE14 Convert an empirical problem into an object of investigation and draw conclusions
CE15 Design and project management
CE16 Manage communication techniques
CE17 Ability to work in a foreign language
CE18 Ability to search for information and research
CE19 Ability to handle information and communication technologies in different fields of action
CE20 Use information technology tools to select, retrieve, transform, transmit, create and present information
CE21 Know the usefulness and scope of standard office automation programs

Minimum stay requirements

The permanence of the students in the Degree studies will be a maximum of eight years for full-time students. Part-time students may request an extension of up to two more years from the Rector.
In Bachelor's degrees lasting more than 240 credits (4 years), the maximum of the previous section will be increased by one more year for every 60 ECTS credits that are added to the 240 ECTS.
Students must pass a minimum of two subjects in the first year. Students studying part-time must pass at least one subject in their first academic year.
Students who are studying any official Bachelor's degree at the Rey Juan Carlos University may make a maximum of four registrations to pass each of the subjects of the study plan, without counting previous cancellations of the same.

For more information see: Permanence regulations

Minimum number of ECTS credits by type of enrollment and course

Full-time students:

COURSE	MINIMUM	MAXIMUM
1º Course	48 ECTS	78 ECTS
Other courses	48 ECTS	78 ECTS

Part-time students:

COURSE	MINIMUM	MAXIMUM
1º Course	24 ECTS	47 ECTS
Other courses	24 ECTS	47 ECTS

Access and registration

Log in

Access to the official teachings of Degree will require to be in possession of the bachelor's degree or equivalent and the passing of the test referred to in article 42 of the Organic Law 6/2001, of Universities, modified by Law 4/2007, of April 12, without prejudice to the other access mechanisms provided for by current regulations.

The number of places offered for new admission are:

Madrid Campus (Vicalvaro):	35 places
Mostoles Campus	45 places (including transfer admission places)

Double Degrees

Madrid Campus (Vicalvaro)	Financial and Actuarial Economics-Business Administration and Management	15 places
Madrid Campus (Vicalvaro)	Financial and Actuarial Economics-Economics	10 places
Mostoles Campus	Financial and Actuarial Economics - Economics	20 places
Mostoles Campus	Financial and Actuarial Economics - Business Administration and Management	15 places

Matriculation year

The enrollment process at the Rey Juan Carlos University is done through the Internet. You can carry out the procedures on the computers installed on campus or through any computer with network access. You can check the deadlines at registration , as well as the different requirements and necessary documents.

Validation with FP qualifications

PROFESSIONAL TRAINING DEGREES

HIGHER TECHNICIAN IN ADMINISTRATION AND FINANCE-LOGSE (APPLICABLE FROM THE 2023-2024 ACADEMIC YEAR)

HIGHER TECHNICIAN IN ADMINISTRATION AND FINANCE-LOE (APPLICABLE FROM THE 2023-2024 ACADEMIC YEAR)

Training itinerary

ACCESS THE COURSE GUIDES OF THE DEGREE

FBC: Common Basic Training, they are validated with their counterparts of all grades
FBR: Basic Branch Training, they can be validated with their branch counterparts, taking into account the adequacy between the skills and knowledge acquired.
OB: Compulsory
OP: Optional

COURSE 1
Semester	Subject	Character	Credits
1	History and Culture of Spain	FBC	6
1	Company Introduction	FBR	6
1	Introduction to Law	FBR	6
1	Business Sociology	FBR	6
1	Economic history	FBR	6
2	Linear algebra	OB	6
2	Financial and Actuarial Informatics	FBC	6
2	Introduction to Marketing and Communication in the Company	FBR	6
2	The Financial and Insurance Company	OB	6
2	Basic Legal Principles, Professional Ethics and Equality	FBC	6
Total credits to study: 60

COURSE 2
Semester	Subject	Character	Credits
1	Differential and Integral Calculus I	OB	6
1	General Accounting	OB	6
1	Economic Analysis I	FBR	6
1	Introduction to statistics	OB	6
1	Financial mathematics	OB	6
2	Statistics I	OB	6
2	Differential and Integral Calculus II	OB	6
2	Accounting of Insurance Entities	OB	6
2	Introduction to the Financial System and Capital Market	OB	6
Annual	modern language	FBC	6
Total credits to study: 60

COURSE 3
Semester	Subject	Character	Credits
1	Law of Financial and Insurance Institutions	OB	6
1	Stock Market I	OB	6
1	Economic Analysis II	OB	6
1	Investment Decisions	OB	6
1	Statistics II	OB	6
2	Corporate Finance	OB	6
2	Sales address	OB	6
2	Stock Market II	OB	6
2	Financial planning	OB	6
2	Quality Systems	OB	6
Total credits to study: 60

COURSE 4
Semester	Subject	Character	Credits
1	Optional 1	OP	6
1	Optional 2	OP	6
1	Insurance and Financial Services Marketing	OB	6
1	Portfolio management	OB	6
1	Academic Recognition of Credits	OB	6
Annual	External Internships	OB	24
Annual	Final Degree Project	OB	6
Total credits to study: 60

OPTIONAL
Semester	Subject	Character	Credits
1	Regression and Correlation Analysis	OP	6
1	Differential and Finite Difference Equations (blended)	OP	6
1	Introduction to Actuarial Mathematics	OP	6

Material resources

External Internships

The External Practices subject is a curricular subject whose main objective is to promote a comprehensive training of the student through the practical application of the knowledge acquired during the Degree, which facilitates direct contact with the professional activity and the opportunity to join the professional world with a minimum of experience. All practices are designed so that the students who participate in them acquire professional experience in real situations and conditions, applying the knowledge, skills and attitudes that are acquired in the training processes throughout the degree. The internships represent a decisive opportunity for the personal development and professional future of the students.

Internships are activities carried out by the student in companies, institutions and organizations; that is, in centers outside the university premises, which aim to enrich and complement your university education, while providing you with a deeper knowledge about the skills you will need once you have graduated.

The External Practices subject will consist of two phases:

Completion of the internship period that offers professional experience related to any of the graduate profiles that are expressed in the Verification Report of the degree.
Elaboration of the memory

Documentation:

Degree Training Project

For more information: External Internship Unit

Social Security contributions for interns starting January 1, 2024

Academic Recognition of Credits

Regulations for academic recognition of credits in undergraduate studies

Mobility programs

ERASMUS

The Erasmus program makes it easy for URJC students -both undergraduate and postgraduate- to study one or several semesters at one of the European universities with which the URJC has agreements.

These exchanges traditionally have an economic endowment thanks to the Erasmus Scholarships provided by the EU and the Spanish Ministry of Education.

ERASMUS (intranet)

WORLD

The Munde program manages mobility with universities from countries not included in the Erasmus Program.

The possibility of obtaining a scholarship or economic endowment and its amount depends, in each case, on the agreements with the universities, countries or entities that sign it.

WORLD (intranet)

URJC Mobility

SICK

SICUE is a national mobility program for GRADOS university students that allows them to carry out part of their studies at another Spanish university with guarantees of academic recognition, use and adaptation to their curricular profile.

SICUE Mobility

Student support programs

Orientation to future students. The University offers various orientation programs for future students: we carry out visits to high schools and secondary schools, we organize guided visits to the Campuses, we are present in the Classroom and, at the beginning of each course, we carry out welcome days to guide students new students.

academic tutorials. Each teacher carries out, within their teaching planning, academic tutorials on their subject.

Coordinator of the degree. It works to promote coherence and balance between the subjects and the workloads of the students.

mentoring program. The URJC has this program, peer tutoring, in which the students of the last years act as mentors with the first year students.

Students with disabilities. The Support Office for Persons with Disabilities offers guidance and assistance to students with special needs.

Scholarships . The Rey Juan Carlos University manages the main scholarships and annual grants, both its own and from other official bodies: Ministries, Community of Madrid, International Organizations and other entities. It also publishes and disseminates those scholarships and grants of interest to its students and graduates. Throughout the course, students receive information about them through the different communication channels established.

Job placement program. The Rey Juan Carlos University, through the External Internship Unit and the Graduates Office, organizes conferences, workshops and various actions aimed at supporting and guiding students in their job search, to improve their employability and promote job placement . The University has a Job Exchange -a platform available to companies and graduates- where institutions can carry out their selection processes.

Regulation

ACADEMIC CALENDAR

Academic Calendar

REGISTRATION

*The rates corresponding to double degrees with different degrees of experimentality will be applied as established in the new Decree 43/2022, of June 29, of the Government Council, which establishes the public prices for university studies leading to official degrees and services of an academic nature in the public universities of the Community of Madrid*

TRAINING PROCESS

REVIEWS AND REVIEWS

Validation, adaptation of studies, recognition of credits and homologation of foreign qualifications

UNIVERSITY DEGREES

Extinction of university degrees

VISITING STUDENTS AND FUNCTIONAL DIVERSITY

COEXISTENCE REGIME

Coexistence Regulations of the Rey Juan Carlos University for the Development of Law 3/2022, of February 24, on University Coexistence, approved by Agreement of March 30, 2023, of the Governing Council of the University

SCHOOL INSURANCE

School insurance

ASSOCIATIONS

Regulation of student associations

Quality guarantee

External monitoring report

RUCT link

BOCM Link

Internal quality assurance system

Manual of the Internal Quality Assurance System

Composition of the commission

Composition of the Commission

Results report

Once the follow-up has been carried out, the quantitative information on the results obtained in the follow-up of said Degree is shown, differentiated by academic year.

Report by course:

General information collection plan

Within the quality assurance system of the Rey Juan Carlos University, the following surveys are planned:

- New students

- Teacher evaluation

- Student satisfaction

- Satisfaction of the graduates

- Labor insertion

- Causes of abandonment

- Career path:

Second year after graduation
Third year after graduation
Fourth year after graduation

- Degree of satisfaction:

Faculty with the campus and university
Teacher with degree
of the evaluators
Incoming student mobility program
Outgoing Student Mobility Program
Administration and services staff with the university

- External internships:

Student satisfaction
External tutor satisfaction
Evaluator satisfaction

Survey results:

Improvement actions

The Quality Assurance System of the Rey Juan Carlos University establishes that the degree's Quality Assurance Commission will annually analyze the information derived from the degree's indicators and prepare a report that will include improvement plans if the results so indicate.

Renewal of accreditation

The renewal of the accreditation represents the culmination of the implementation process of the official Bachelor's and Master's degrees registered in the Register of Universities, Centers and Degrees (RUCT). The renewal of the accreditation of official bachelor's and master's degrees is organized in three phases: self-assessment report, external visit and final assessment.

In the first phase, the university describes and assesses the status of the degree with respect to the established criteria and guidelines. The result is the Self-Assessment Report (IA) that is presented. The second and third phases are carried out by a group of evaluators external to the evaluated title.

Final Report Accreditation Renewal 2023

History