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 programme from University of Kent is available as a full-time (one-year) programme and is suitable for those who have completed a first degree or postgraduate diploma in Actuarial Science, or our MSc in Actuarial Science, or those who have studied the majority of the earlier subjects in the Core Principles Stage.

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.

Accreditation

Our MSc in Actuarial Science, MSc in Applied Actuarial Science and International Master’s are all fully accredited by the Institute and Faculty of Actuaries

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Programme Structure

Courses include:

Enterprise Risk Management

Life Insurance

Investment and Finance

Modelling Practice

General Insurance Pricing

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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

TOEFL^® IBT

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OTE

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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

First Class

English requirements

TOEFL^® IBT

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PTE Academic

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OTE

118

IELTS

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Cathoven AI IELTS Preparation

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AI-powered IELTS feedback. Clear, actionable, and tailored to boost your writing & speaking score. No credit card or upfront payment required.

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98 accuracy using real exam data
4.9/5 student rating

Other requirements

General 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. We may also accept applicants who have a good first degree in another subject and who have passed most of the Core Principles Stage subjects.

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.

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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 Applied Actuarial Science.

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

Your future

Accreditation

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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