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MSc Applied Actuarial Science with an Industrial Placement

University of Kent, United Kingdom
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Course Overview

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.

General Eligibility

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.

Part Time Work Details

20 Hours of Work permit weekly for international students.

What You'll Study

1 Modules

Compulsory modules currently include:

Actuarial Risk Management 1

Actuarial Risk Management 2

Communications

Industrial Placement Report and Presentation

Industrial Placement Experience

Optional modules may include:

Enterprise Risk Management

Life Insurance

Finance and Investment

Derivative Securities

General Insurance Reserving and Capital Modelling

General Insurance Pricing

Introduction to Actuarial Research

Prophet

Financial Modelling

Data Science with R

Language Requirement

  • IELTS6.0
  • TOEFL78
  • PTE58
  • Duolingo79

IELTS (including IELTS Indicator) 6.5 overall (with a minimum of 6.0 in R&W; 5.5 in S&L)

TOEFL iBT 90 overall (with a minimum of 22 in R; 21 in W; 17 in L; 20 in S)

Ready to get started?

For any enquiries or further details, please don't hesitate to contact us. Let's take the next step in your academic journey together.

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