menu icon
Book your open day visit nowClick to book open day
Applied Actuarial Science (International Master's) - MSc

Applied Actuarial Science (International Master's) - MSc

Different course options

Study mode

Full time

Duration

2 years

Start date

25-SEP-23

Key information
DATA SOURCE : IDP Connect

Qualification type

MSc - Master of Science

Subject areas

Actuarial Science

Course type

Taught

Course Summary

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.

Qualifying as an actuary 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. Kent is one of a very few universities in the UK to teach the subject.

Our International Master’s programme is fully accredited by the Institute and Faculty of Actuaries. It is equivalent to a Graduate Diploma (which covers the subjects taught within the Postgraduate Diploma in Actuarial Science), followed by the MSc in Applied Actuarial Science.

Accreditation - Institute and Faculty of Actuaries

In 2019 the Institute and Faculty of Actuaries (IFoA) introduced a new actuarial qualification structure. We are delighted to say that we successfully achieved re-accreditation for all of our Actuarial Science programmes and have been offering exemptions under the IFoA's new qualification structure since September 2019.

Teaching and assessment

Assessment is a combination of coursework and written examinations.

This programme aims to:

  • provide you with eligibility for subject exemptions from the Core Application and Specialist Technical series of examinations of the Institute and Faculty of Actuaries. This means obtaining a thorough knowledge of core actuarial applications, developing the ability to apply this knowledge in a practical situation and gaining current knowledge and understanding of the practice of major areas in which actuaries are involved
  • develop your understanding, knowledge and awareness of current problems, much of which is at the forefront of current professional practice
  • ensure you are competent in the use of information technology, and are familiar with computers, together with the relevant software.

Careers

The UK Actuarial Profession

The UK Actuarial Profession is small, but influential and well rewarded. There are more than 6,500 actuaries currently employed in the UK, the majority of whom work in insurance companies and consultancy practices.

Modules

The aim of this module is to develop the student's ability to apply a wide range of key actuarial concepts in simple traditional and non-traditional situations.

Tuition fees

UK fees
Course fees for UK students

To be confirmed

International fees
Course fees for EU and international students

For this course (per year)

21,200

Entry requirements

Students need to have a first or upper second class degree 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.

University information

The University of Kent is a leading international higher education institution, with a reputation for academic excellence and the unofficial title of the UK’s ‘European university’. With postgraduate centres in Paris and Brussels alongside the Canterbury and Medway main campuses, students will find that the university is the perfect place to sharpen their focus and broaden their horizons as they continue their studies. The university is...more