University of Kent
Applied Actuarial Science (International Master's) MSc
University of Kent

Key Course Facts

Student Reviews

Below you can see course specific reviews of 145 graduates of Applied Actuarial Science (International Master's) MSc and other courses in Finance, Banking, Corporate Finance, Fintech at University of Kent for each of the survey questions in comparison to the average for all UK degree courses in Finance, Banking, Corporate Finance, Fintech.

Overall student satisfaction
70 /100
145 total respondents

Primarily based on data from undergraduate degree students.

The NSS is commissioned by the Office for Students

Salary

Salary of Graduates in Finance, Banking, Corporate Finance, Fintech

Important: Salary data below is not course specific, but contains data of all students of Finance, Banking, Corporate Finance, Fintech at the university. Due to data collection methodology, salary data is mainly based on data related to undergraduate students.

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £30000 £34500 £44500
25-75 percentile range £25000 - £34000 £26000 - £41000 £32000 - £55500


Salary of all UK Graduates of Finance, Banking, Corporate Finance, Fintech

  15 months after graduation 3 years after graduation 5 years after graduation
Median salary £24406 £24662 £30689
25-75 percentile range £21389 - £28940 £19296 - £31978 £22604 - £41672

Course Description

Actuaries evaluate and manage financial risk. They make financial sense of the future for their clients by applying advanced mathematical and statistical techniques to solve complex financial problems.

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.

Accreditation

Our International Master’s programme 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.

The International Master's in Applied Actuarial Science programme provides a fast-track route to qualifying as an actuary.

Students who achieve a high enough overall mark in this programme can obtain exemptions from professional examinations. Specifically, in the first year of the programme, depending on the modules chosen, students may be eligible to gain exemptions from subjects CB1, CB2, CM1, CM2, CS1 and CS2 of the Institute and Faculty of Actuaries. In the final year of the programme, depending on the modules chosen, students are eligible to gain exemptions from subjects CP1, CP2, CP3, SP2, SP5, SP7, SP8 and SP9 of the Institute and Faculty of Actuaries.

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.

About the Centre for Actuarial Science, Risk and Investment

In 2010, the Centre for Actuarial Science, Risk and Investment (CASRI) was set up within the School of Mathematics, Statistics and Actuarial Science to reflect the widening scope of the teaching and research of the staff. Within CASRI, research in actuarial science can be broadly classified into the following three themes: economic capital and financial risk management, longevity risk modelling, and public policy aspects of insurance risk classification. This achieves a balance between theoretical and applied investigations, as well as addressing social policy implications. The group has a deep and long-standing association with the Institute and Faculty of Actuaries, as well as with other educational institutions worldwide.

Jobs & Career Perspectives

15 months after graduation, graduates of this course were asked about what they do and, if they are working, about their current job and their perspectives.

Current jobs

Required skill level of job after 15 months

Jobs of graduates of this course (15 months after graduation)

Example below based on all graduates of Applied Actuarial Science (International Master's) MSc at University of Kent

30% Managers, directors and senior officials
20% Teaching and Childcare Support Occupation
20% Business and public service associate professionals
20% Administrative occupations
5% Health associate professionals
5% Sales occupations
0% Sports and fitness occupations
0% Therapy professionals
0% Teaching Professionals
0% Caring personal services

Assessment is a combination of coursework and written examinations.

Entry Requirements / Admissions

UCAS Tariff of Accepted Students for this course

Requirements for international students / English requirements

IELTS academic test score (similar tests may be accepted as well)

    • 6.5
    • All Degrees

Please see our International Student website for entry requirements by country and other relevant information. Due to visa restrictions, students who require a student visa to study cannot study part-time unless undertaking a distance or blended-learning programme with no on-campus provision. The University requires all non-native speakers of English to reach a minimum standard of proficiency in written and spoken English before beginning a postgraduate degree. Certain subjects require a higher level. For detailed information see our English language requirements web pages. If you are required to meet an English language condition, we offer a number of pre-sessional courses in English for Academic Purposes through Kent International Pathways.
Get advice on which foundation courses are best for you to still study Applied Actuarial Science (International Master's), MSc, if you do not meet the minimum requirements in terms of UCAS score, A levels, or English language requirements.

A first or upper second class degree in mathematics, statistics or economics (although other subjects with a high mathematical content are acceptable).

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.

Costs

Average student cost of living in the UK

Rent £518
Water, gas electricity, internet (at home) £50
Supermarket shopping £81
Clothing £35
Eating out £33
Alcohol £27
Takeaways / food deliveries £30
Going out / entertainment (excl.alcohol, food) £24
Holidays and weekend trips £78
Transport within city £17
Self-care / sports £20
Stationary / books £13
Mobile phone / internet £13
Cable TV / streaming £7
Insurance £51
Other £95
  
Average student cost of living £1092

London costs approx 34% more than average, mainly due to rent being 67% higher than average of other cities. For students staying in student halls, costs of water, gas, electricity, wifi are generally included in the rental. Students in smaller cities where accommodation is in walking/biking distance transport costs tend to be significantly smaller.

University Rankings

Positions of University of Kent in top UK and global rankings.

See all 24 university rankings of University of Kent

About University of Kent

The University of Kent is a publicly funded research university located in Kent, England. The university’s main campus is situated north of Canterbury, while its other campuses are found in Medway and Tonbridge in Kent. Additionally, the university operates postgraduate centres in Brussels, Athens, Rome and Paris.

List of 390 Bachelor and Master Courses from University of Kent - Course Catalogue

Student composition of University of Kent

undergraduates:
13390
postgraduates:
2820
Total:
16210
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Where is this programme taught

Canterbury campus
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