Actuaries evaluate and manage financial risk. They make financial sense of the future for their clients by applying advanced mathematical and statistical techniques to solve complex financial problems. Overview Studying actuarial science on this conversion programme is a passport to a wide variety of careers in insurance companies, investments, pensions, health care and banking – not just in the UK, but throughout the world. Accreditation Our MSc in Actuarial Science, MSc in Applied Actuarial Science and International Master’s are all fully accredited by the Institute and Faculty of Actuaries; they also provide a fast-track route to qualifying as an actuary, because students who achieve a high enough overall mark in these programmes can obtain exemptions from the professional examinations included within their studies. As one of the few universities to offer actuarial science in the UK, Kent’s programme is recognised for its strong mix of theoretical and practical expertise. The teaching staff include many actuaries drawn from professional practice, along with specialised researchers. Depending on the modules chosen, MSc in Actuarial Science students may be eligible to gain exemptions from subjects CB1, CB2, CM1, CM2, CS1 and CS2 of the Institute and Faculty of Actuaries Alternative courses and awards Although you only need to take 180 credits for the MSc, you can take further subjects for exemption purposes. If you take fewer than 180 credits, you may be eligible for a Postgraduate Diploma in Actuarial Science. If you are considering applying for the Actuarial Science MSc course, the Applied Actuarial Science (International Master's) MSc course (2 years) may be of interest to you as an alternative. The International Master's offers an identical programme in Stage 1 to the Actuarial Science MSc course, with the additional flexibility of automatically being accepted for Stage 2 (subject to satisfactory assessment performance) which is equivalent to the Applied Actuarial Science MSc, without the need to re-apply for another one year visa. Students can opt-out of the two year course at the end of Stage 1 and receive the full MSc qualification under the Actuarial Science MSc course (subject to satisfactory assessment performance). About the Centre for Actuarial Science, Risk and Investment In 2010, the Centre for Actuarial Science, Risk and Investment (CASRI) was set up within the School of Mathematics, Statistics and Actuarial Science to reflect the widening scope of the teaching and research of the staff. Within CASRI, research in actuarial science can be broadly classified into the following three themes: economic capital and financial risk management, longevity risk modelling, and public policy aspects of insurance risk classification. This achieves a balance between theoretical and applied investigations, as well as addressing social policy implications. The group has a deep and long-standing association with the Institute and Faculty of Actuaries, as well as with other educational institutions worldwide.
How to apply
Please see our International Student website for entry requirements by country and other relevant information. Due to visa restrictions, students who require a student visa to study cannot study part-time unless undertaking a distance or blended-learning programme with no on-campus provision. English language entry requirements The University requires all non-native speakers of English to reach a minimum standard of proficiency in written and spoken English before beginning a postgraduate degree. Certain subjects require a higher level. For detailed information see our English language requirements web pages. If you are required to meet an English language condition, we offer a number of pre-sessional courses in English for Academic Purposes through Kent International Pathways.
A good first degree usually in mathematics, statistics or economics, although other subjects with a high mathematical content are acceptable. All applicants are considered on an individual basis and additional qualifications, professional qualifications and relevant experience may also be taken into account when considering applications.
Fees and funding
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Additional fee information
University of Kent
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School of Mathematics, Statistics and Actuarial Science