Applied Actuarial Science with an Industrial Placement MSc
University of Kent
Key Course Facts
Student Reviews
Below you can see course specific reviews of 145 graduates of Applied Actuarial Science with an Industrial Placement 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.
Primarily based on data from undergraduate degree students.
All Finance, Banking, Corporate Finance, Fintech courses of University of Kent
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 | £32000 | £42500 |
| 25-75 percentile range | £25000 - £34000 | £21500 - £40000 | £33000 - £54000 |
All Finance, Banking, Corporate Finance, Fintech courses of University of Kent
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 | £25995 | £31508 |
| 25-75 percentile range | £21389 - £28940 | £19811 - £33751 | £23339 - £42744 |
All Finance, Banking, Corporate Finance, Fintech Courses in the UK
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. 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
Students who achieve a high enough overall mark in our programmes can obtain exemptions from the professional examinations included within their studies.
Depending on the modules chosen, MSc in Applied Actuarial Science students may be eligible for exemptions from 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.
Your placement
Placements last for 12 months, commencing in June/July of the Summer Term. Upon completion of your placement, you will return to Kent to take your exams. Placements may be undertaken in the UK or overseas. The University does not guarantee every student will find a placement. Those who do not secure a placement will be transferred to the MSc programme without a placement.
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.
All Finance, Banking, Corporate Finance, Fintech courses of University of Kent
Current jobs
All courses of University of Kent
Required skill level of job after 15 months
All Finance, Banking, Corporate Finance, Fintech courses of University of Kent
Jobs of graduates of this course (15 months after graduation)
Example below based on all graduates of Applied Actuarial Science with an Industrial Placement MSc at University of Kent
| 30% | Artistic, literary and media occupations |
| 20% | Teaching and Childcare Support Occupation |
| 20% | Business, Research and Administrative Professionals |
| 20% | Design occupations |
| 5% | Elementary occupations |
| 5% | Sales occupations |
| 0% | Welfare and housing associate professionals |
| 0% | Teaching Professionals |
| 0% | Business and public service associate professionals |
| 0% | Teaching and Childcare Support Occupation |
Entry Requirements / Admissions
UCAS Tariff of Accepted Students for this course
This particular course
Requirements for international students / English requirements
IELTS academic test score (similar tests may be accepted as well)
-
- 6.5
- All Degrees
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.
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
of University of Kent
among 379 universities in England UK
based on 29 different rankings
Positions of University of Kent in top UK and global rankings.
See all 29 university rankings of University of Kent
About University of Kent
List of 390 Bachelor and Master Courses from University of Kent - Course Catalogue
Student composition of University of Kent
-
Total number of students enrolled at University of Kent by level Academic year 2021/22 - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
- undergraduates:
- 13390
- postgraduates:
- 2820
- Total:
- 16210
-
Number of students enrolled in courses of subject “Actuarial Science”: 2280 Academic year - Full-time equivalent student enrollments published by Higher Education Statistics Agency (HESA) on February 2022
Where is this programme taught
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Applied Actuarial Science with an Industrial Placement MSc | University of Kent | - | - | - | - | - | - | Canterbury |
On campus
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FAQ about Applied Actuarial Science with an Industrial Placement MSc University of Kent
- The median salary of graduates of this course was £29158 15 months after graduation, £32000 3 years after graduation and £42500 after graduation.
- Artistic, literary and media occupations (30%), Teaching and Childcare Support Occupation (20%), Business, Research and Administrative Professionals (20%), Design occupations (20%)
- 145 graduates rated the course 61. This means that 61% of graduates indicated that they were satisfied or very satisfied with the course. See detailed ratings above and how these compare to the averages at other universities.
- Applied Actuarial Science with an Industrial Placement MSc is taught on campus and cannot be taken online at University of Kent.
- It is rather difficult to get accepted into this course. Accepted students had an average UCAS tariff score of 139 which is higher than 73.2% of all Actuarial Science courses in the UK.