Overview

The Actuarial Science course at University of Kent is all fully accredited by the Institute and Faculty of Actuaries; it also provides a fast-track route to qualifying as an actuary, because students who achieve a high enough overall mark in these programmes can obtain exemptions from the professional examinations included within their studies.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.

Depending on the modules chosen, MSc in Actuarial Science students may be eligible to gain exemptions from subjects CB1, CB2, CM1, CM2, CS1 and CS2 of the Institute and Faculty of Actuaries.

Your future

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

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.

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Programme Structure

Courses include:

Financial Mathematics

Probability and Statistics for Actuarial Science

Actuarial Mathematics

Data Modelling and Consultancy

Corporate Finance for Actuaries

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Key information

Duration

Full-time
- 12 months

Start dates & application deadlines

Starting 2026-10-05 00:00:00
- Apply before 2026-08-26 00:00:00

More details

There is no fixed application deadline for home students, but we strongly recommend you apply no later than three months before your intended start date.

Language

English

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Credits

180 alternative credits

Delivered

On Campus

Campus Location

Canterbury, United Kingdom

Disciplines

Actuarial Science View 31 other Masters in Actuarial Science in United Kingdom

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Academic requirements

GPA

Upper Second Class

English requirements

TOEFL^® IBT

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PTE Academic

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OTE

118

IELTS

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98 accuracy using real exam data
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Other requirements

General requirements

A first or 2.1 honours degree (or equivalent) in Mathematics, Statistics or Physics. Other subjects with a high mathematical content will be considered.

Applicants holding a 2.2 honours degree (or equivalent) in any subject PLUS A Level Maths at A (or international equivalent) OR a pass in the CS1 or CMI IFOA exams wil also be considered.

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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
Domestic Applies to you

Applies to you

Citizens or residents

15000 GBP / year

≈ 15000 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.

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Scholarships Information

Below you will find Master's scholarship opportunities for Actuarial Science.

Available Scholarships

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

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About

Overview

Your future

Get more details

Programme Structure

Check out the full curriculum

Key information

Duration

Start dates & application deadlines

Language

Prepare for Your English Test

Credits

Delivered

Campus Location

Disciplines

Explore more key information

What students do after studying

Academic requirements

English requirements

Prepare for Your English Test

Other requirements

General requirements

Make sure you meet all requirements

Tuition Fees

International Applies to you

Domestic Applies to you

Additional Details

Living costs

Canterbury

Funding

Check for any work restrictions

Scholarships Information

Available Scholarships

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