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Applied Actuarial Science logo
University of Kent logo

Applied Actuarial Science

University of Kent
Tuition GBP 17,210 (Tuition (Year)) — International students; GBP 11,880 (Tuition (Year)) — EU/EEA students
Degree MSc
Duration 12 months
Delivery On-campus
Location Canterbury, United Kingdom
Language English

Program Overview

The Applied Actuarial Science at University of Kent is a MSc programme in Mathematics & Statistics over 12 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.

Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of mathematics & statistics. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.

Graduates of the Applied Actuarial Science programme are well-prepared for careers in academia, industry, government, and the private sector across Belgium and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.

Key Program Features

  1. Duration: 12 months
  2. Language of instruction: English
  3. Study mode: On-campus
  4. English requirement: IELTS 6
  5. Tuition: GBP 17,210 (Tuition (Year)) — International students; GBP 11,880 (Tuition (Year)) — EU/EEA students
  6. Location: Canterbury, Belgium

Career Opportunities

Graduates of the Applied Actuarial Science programme are prepared for diverse careers in mathematics & statistics:

  1. Actuary
  2. Quantitative Analyst
  3. Data Analyst
  4. Risk Manager
  5. Financial Modeller
  6. Statistical Researcher

Program Curriculum

Course Structure

  1. Enterprise Risk Management
  2. Life Insurance
  3. Pensions and Other Benefits
  4. Finance and Investment
  5. Derivative Securities
  6. General Insurance - Reserving and Capital Modelling
  7. General Insurance - Premium Rating
  8. Prophet
  9. Prophet 2
  10. Financial Modelling
  11. Communications
  12. Actuarial Risk Management 1
  13. Actuarial Risk Management 2
  14. provide successful students with eligibility for subject exemptions from the Core Application and Specialist Technical series of examinations of the Institute and Faculty of Actuaries. This means obtaining a thorough knowledge of core actuarial applications, developing the ability to apply this knowledge in a practical situation and gaining current knowledge and understanding of the practice of major areas in which actuaries are involved.
  15. develop your understanding, knowledge and awareness of current problems, much of which is at the forefront of current professional practice.
  16. ensure you are competent in the use of information technology, and are familiar with computers, together with the relevant software.
  17. complex techniques applicable to the solution of problems in all the major areas of current professional actuarial practice
  18. complex current issues in the major areas of current professional practice.
  19. the ability to demonstrate a high level of understanding of the main body of knowledge for the programme
  20. the ability to demonstrate skill in calculation and manipulation of the material written within the programme
  21. the ability to apply a range of concepts and principles in various contexts
  22. the ability for logical argument
  23. the ability to demonstrate advanced skills in solving problems in complex situations by various appropriate methods
  24. the ability to work with relatively little guidance.
  25. the specific mathematical and statistical techniques used in actuarial science, and in their application to solving actuarial problems
  26. understanding the practical applications of programme material in insurance.
  27. communication: the ability to organise information clearly, respond to written sources, present information orally, adapt style for different audiences and use images as a communication tool
  28. numeracy: make sense of statistical materials, integrate numerical and non-numerical information, understand the limits and potentialities of arguments based on quantitative information
  29. information technology: produce written documents, undertake online research, communicate using email
  30. improve your own learning: explore your personal strengths and weaknesses, time management, review your working environment (especially the student-staff relationship), develop specialist learning skills (eg foreign languages), develop autonomy in learning.
  31. problem-solving: identify and define problems, explore alternative solutions and discriminate between them
  32. working with others: the ability to define and review the work of others, work co-operatively on group tasks, understand how groups function
  33. the ability to make sound judgements
  34. the ability to make decisions in complex situations.

Admission Requirements

Academic Requirements

A good first degree in Actuarial Science, or a degree that covers all or most of the Core Technical Stage subjects of the Institute and Faculty of Actuaries\xc2\x92 examinations. We may also accept applicants who have a good first degree in another subject and who have passed most of the Core Technical Stage subjects.

English Proficiency: IELTS 6 or equivalent.

Tuition & Financial Information

Tuition Fee

GBP 17,210 (Tuition (Year)) — International students; GBP 11,880 (Tuition (Year)) — EU/EEA students

Tuition fees: GBP 17,210 (Tuition (Year)) — International students; GBP 11,880 (Tuition (Year)) — EU/EEA students

IELTS requirement: 6

Financial Aid & Scholarships

Contact University of Kent directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.

About University of Kent

University of Kent logo

University of Kent

Canterbury, United Kingdom

University of Kent is a well-established public research university in the United Kingdom, founded in 1965 with main campuses in Canterbury and Medway and specialist centres in Brussels and Paris....

University Profile
  • Language English
  • Duration 12 months