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Applied Actuarial Science with an Industrial Placement (International Masters) - MSc

Applied Actuarial Science with an Industrial Placement (International Masters) - MSc

Different course options

Study mode

Full time

Duration

3 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.

Overview

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.

Industrial placements may be undertaken in the UK or overseas. The University does not guarantee every student will find a placement. Those who do not secure a placement will be transferred to the MSc programme without a placement.

Teaching and assessment

Assessment is usually by a mixture of coursework and examination; exact weightings vary from module to module.

Employability support

Helping our students to develop strong employability skills is a key objective within the School and the University. We provide a wide range of services and support to equip you with transferable vocational skills that enable you to secure appropriate professional positions within industry. Within the School we run specialist seminars and provide advice on creating a strong CV, making job applications and successfully attending interviews and assessment centres.

Our graduates have gone on to successful careers in the actuarial, finance, insurance and risk sectors.

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. Outline syllabus includes: how to do a professional job; contract design; modelling; data; setting assumptions; expenses; pricing and financing strategies; valuing liabilities; accounting and disclosure; surplus and surplus management; sources of risks; risks in benefit schemes; pricing and insurance risks; the risk management process; risk management tools; capital management and monitoring experience.

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 good first degree in Actuarial Science, or a degree that covers all or most of the Core Principles Stage subjects of the Institute and Faculty of Actuaries’ examinations. We may also accept applicants who have a good first degree in another subject and who have passed most of the Core Principles Stage subjects. 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

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