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 and has risen 11 places in THE's REF 2021 ranking, confirming its position as a leading research university.

Applied Actuarial Science (Integrated Master's) MSc

The Applied Actuarial Science (Integrated Master's) MSc program at the University of Kent is a two-year full-time program that provides a comprehensive education in actuarial science. The program is fully accredited by the Institute and Faculty of Actuaries and offers exemptions from professional examinations.

Key Information

• Study mode: Full-time only
• Duration: 2 years
• Start date: September
• Location: Canterbury

Entry Requirements

• A first or 2.1 honors degree (or equivalent) in Mathematics, Statistics, or Physics
• Other subjects with a high mathematical content will be considered
• Applicants holding a 2.2 honors degree (or equivalent) in any subject PLUS A Level Maths at A (or international equivalent) OR a pass in the CS1 or CM1 IFoA exams will also be considered
• 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

Course Structure

The program consists of two stages. In Stage 1, students take nine compulsory modules, including:

• Probability and Statistics for Actuarial Science
• Financial Mathematics
• Actuarial Risk Modelling
• Financial Economics and Derivatives
• Actuarial Mathematics
• Statistical Modelling for Actuaries
• Data Modelling and Consultancy
• Corporate Finance for Actuaries
• Economics for Actuaries

In Stage 2, students take 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

Optional modules may include:

• Life Insurance
• Investment and Finance
• General Insurance Reserving and Capital Modelling
• General Insurance Pricing
• Enterprise Risk Management

Teaching and Assessment

Assessment is usually by a mixture of coursework and examination; exact weightings vary from module to module. Students who are considered to have performed sufficiently well in the program may receive exemptions from professional examinations.

Fees and Funding

The 2025/26 annual tuition fees for this course are:

• UK: TBC
• EU: TBC
• International: £24,700

Research

The Centre for Actuarial Science, Risk and Investment at the University of Kent maintains close relationships with industry actuaries and has a strong research focus. The centre's research can be divided into three broad themes:

• Economic capital and financial risk management
• Longevity risk
• Public policy aspects of risk classification

Career Support

The University of Kent provides a range of career support services to help students develop strong employability skills and secure professional positions within industry. The university's graduates have gone on to successful careers in the actuarial, finance, insurance, and risk sectors.

About 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 and has risen 11 places in THE's REF 2021 ranking, confirming its position as a leading research university. The university is committed to providing a high-quality education and supporting the success of its students.