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.

The Applied Actuarial Science (International Master's) programme from University of Kent is fully accredited by the Institute and Faculty of Actuaries. It is equivalent to the conversion MSc in Actuarial Science followed by the one-year MSc in Applied Actuarial Science.

As one of the few universities to offer actuarial science in the UK, Kent’s programme is recognised for its strong mix of theoretical and practical expertise. The teaching staff include many actuaries drawn from professional practice, along with specialised researchers.

Careers

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.

Survey results published by the Institute and Faculty of Actuaries suggest that the average basic salary for a student actuary is £35,936 with pay and bonuses increasingly sharply as you become more experienced. The average basic salary of a Chief Actuary is £206,236.

As an actuary, your work is extremely varied and can include: advising companies on the amount of funds to set aside for employee pension payments; designing new insurance policies and setting premium rates; pricing financial derivatives and working in fund management and quantitative investment research; advising life insurance companies on he distribution of surplus funds; and estimating the effects of possible major disasters, such as earthquakes or hurricanes, and setting premium rates for insurance against such disasters.

Accreditation

Our Intergrated Master's programme is fully accredited by the Institute and Faculty of Actuaries.

Programme Structure

Courses include:

Actuarial Risk Management

Communications

Financial Mathematics

Probability and Statistics for Actuarial Science

Actuarial Mathematics

Business Economics

Key information

Duration

Full-time
- 24 months

Start dates & application deadlines

Starting 2026-10-04 00:00:00
- Apply before 2026-07-04 00:00:00 , National

More details

No fixed deadline for applications from home students, but we recommend to apply as soon as possible; no later than three months before your start date.

Language

English

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Credits

180 alternative credits

Delivered

On Campus

Campus Location

Canterbury, United Kingdom

Disciplines

Accounting Statistics Actuarial Science View 215 other Masters in Accounting in United Kingdom

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Academic requirements

GPA

First Class

English requirements

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Other requirements

General requirements

A first or upper second class degree in mathematics, statistics or economics (although other subjects with a high mathematical content are acceptable).
Applicants holding a 2.2 honours degree (or equivalent) in any subject PLUS A Level Maths at A (or international equivalent) OR a pass int he 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.

Tuition Fees

Tuition fees are shown in and the most likely applicable fee is shown based on your nationality.

International Applies to you

Applies to you

Non-residents

24700 GBP / year

≈ 24700 GBP / year

Additional Details

Fees for 26/27 tbc

Living costs

Canterbury

United Kingdom

660 - 1140 GBP / month

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

Win a €10000 Scholarship! Deadline: 30 June 2020

Embark on your journey with the Studyportals Scholarship! We're giving away a total of 20,000 euros to help you achieve your dream of studying abroad.

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Scholarships Information

Below you will find Master's scholarship opportunities for Applied Actuarial Science (Integrated Master's).

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

On this page

About

Overview

Careers

Accreditation

Programme Structure

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Tuition Fees

International Applies to you

Additional Details

Living costs

Canterbury

Funding

Scholarships Information

Available Scholarships

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