Program Overview

Introduction to Actuarial Science BSc (Hons)

The Actuarial Science BSc (Hons) program at the University of Kent is designed to provide students with a comprehensive education in actuarial science, preparing them for a career in the financial services industry. The program is fully accredited by the Institute and Faculty of Actuaries (IFoA) and offers exemptions from six of the thirteen professional examinations required to become a qualified actuary.

Program Overview

The program is a three-year, full-time course that covers a range of topics, including mathematics, statistics, finance, and economics. Students will develop key skills in mathematical and statistical modeling, data analysis, and financial risk management. The program also includes a year in industry option, which provides students with the opportunity to gain practical experience in the field.

Entry Requirements

To be eligible for the program, students must meet the following entry requirements:

• AAB at A level, including Mathematics at A but excluding Use of Maths
• 136 tariff points from the IB Diploma, including Mathematics or Mathematics: Analysis and Approaches at 6 at HL
• DM plus A Level Maths at A (but excluding Use of Maths) for BTEC Nationals
• English language requirements: IELTS 6.0 with a minimum of 5.5 in each component, or equivalent

Fees and Funding

The tuition fees for the program are:

• UK: TBC
• International: £23,500
• Fees for year in industry: £1,905
• Fees for year abroad: £1,430 The University of Kent offers a range of scholarships and funding opportunities to support students with their tuition fees and living costs.

Course Structure

The program consists of three stages, each with a range of compulsory and optional modules. The modules cover topics such as:

• Principles of Probability and Statistics
• Applications and Practice with R and Python
• Linear Algebra
• Business Economics
• Financial Mathematics
• Actuarial Mathematics 1 and 2
• Machine Learning and Deep Learning
• Financial Economics and Derivatives
• Actuarial Risk Modelling
• Statistical Modelling for Actuaries

Career Opportunities

Graduates of the Actuarial Science BSc (Hons) program can pursue a range of career opportunities in the financial services industry, including:

• Actuary
• Risk Manager
• Financial Analyst
• Data Scientist
• Investment Manager The program provides students with a strong foundation in mathematical and statistical modeling, data analysis, and financial risk management, making them highly employable in the industry.

Research Areas

The University of Kent has a strong research focus in actuarial science, with research areas including:

• Financial risk management
• Insurance and pensions
• Investment and asset management
• Data science and machine learning
• Statistical modeling and analysis The program provides students with the opportunity to engage with cutting-edge research in the field and to develop their own research skills and interests.

Student Experience

The University of Kent offers a range of support services to help students succeed in their studies, including:

• Academic support
• Career guidance
• Personal support
• Student organizations and clubs The program also provides students with the opportunity to engage with industry professionals and to develop their professional skills and networks.