Program Overview

Overview of the University of Kent

The University of Kent is a leading research university that offers a wide range of undergraduate and postgraduate programs. The university has a strong focus on research excellence and has risen 11 places in THE's REF 2021 ranking.

Postgraduate MSc in Applied Actuarial Science

The MSc in Applied Actuarial Science is a one-year full-time program that is designed to provide students with advanced knowledge and skills in actuarial science. The program is accredited by the Institute and Faculty of Actuaries and provides a fast-track route to qualifying as an actuary.

Key Information

• Study mode: Full-time only
• Duration: 1 year
• Start date: September
• Location: Canterbury

Course Structure

The program consists of seven compulsory modules and two optional modules. The compulsory modules include:

• Core Actuarial Practice 1
• Core Actuarial Practice 2
• Specialist Actuarial Practice
• Introduction to PROPHET Modelling
• Professional Skills
• Modelling Practice The optional modules include:
• Life Insurance
• Investment and Finance
• General Insurance Reserving and Capital Modelling
• General Insurance Pricing
• Enterprise Risk Management

Entry Requirements

• 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.
• International students: Please see the University's International Student website for entry requirements by country and other relevant information.

English Language Entry Requirements

• This course requires a Good level of English language, equivalent to B2 on CEFR.
• Details on how to meet this requirement can be found on the University's English Language requirements webpage.

Fees and Funding

• The 2025/26 annual tuition fees for this course are:
  • UK: £15,000
  • EU: £24,700
  • International: £24,700
• For details of when and how to pay fees and charges, please see the University's Student Finance Guide.

Career Support

The University provides a wide range of services and support to equip students with transferable vocational skills that enable them to secure appropriate professional positions within industry.

Professional Recognition

The program is professionally accredited by the Institute and Faculty of Actuaries.

Research

The University of Kent has a strong research culture, and the Centre for Actuarial Science, Risk and Investment maintains close relationships with industry actuaries through the Invicta Actuarial Society.

Employability

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. The average basic salary for a student actuary is £36,842, with pay and bonuses increasing sharply as you become more experienced. The average basic salary of a Chief Actuary is £209,292.