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    Actuarial Science
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    University of Kent

    Actuarial Science

    University of Kent

    University of Kent

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    United Kingdom, Canterbury

    University RankQS Ranking
    340

    Key Facts

    Program Level

    Master by Course Work

    Study Type

    Full Time

    Delivery

    On Campus

    Campuses

    Canterbury

    Program Language

    English

    Start & Deadlines

    Next Intake DeadlinesSeptember-2023
    Apply to this program

    Go to the official application for the university

    Duration 1 year(s)
    Tuition Fee
    GBP 21,900  / year
    Next Intake September-2023

    Actuarial Science

    About

    Studying actuarial science on this conversion programme 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.

    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; they also provide a fast-track route to qualifying as an actuary, because students who achieve a high enough overall mark in these programmes can obtain exemptions from the professional examinations included within their studies.

    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.

    Requirements

    Entry Requirements

    For entry to a Kent postgraduate degree programme (Master’s), Jordanian students typically need to have completed a Bachelor degree from a recognised university. Exact requirements will depend on the postgraduate degree you are applying for and the undergraduate degree you have studied.

    • For programmes that require a 2:1 we usually ask for a final grade of at least Very good/76%/B or a GPA of 3.0/4.0
    • For programmes that require a 2:2 we usually ask for a final grade of at least Good/68%/C+ or a GPA of 2.5/4.0

    Some, but not all, postgraduate programmes require your undergraduate degree to have a related major. Some postgraduate programmes may require work experience in a relevant field or at a certain level.

    PhD

    For entry to a Kent PhD programme, Jordanian students typically need to have completed a Master's degree from a recognised university with a final grade of at least Very Good/B/76% or a GPA of 3.0/4.0. Students who have not completed a thesis as part of their degree will need to show evidence of previous research experience.

    If you would like to pursue a PhD at Kent, you should visit the relevant department website and our find a supervisor page to identify potential supervisors for your research and thesis. You are encouraged to then make direct contact with the appropriate academic to discuss your research proposal.

    Career

    The UK Actuarial Profession

    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 آ£36,842 with pay and bonuses increasingly sharply as you become more experienced. The average basic salary of a Chief Actuary is آ£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. For more information about the actuarial profession, see www.actuaries.org.uk

    Employability support

    Helping our students to develop strong employability skills is a key objective within the School and the University. We provide a wide range of services and support to equip you with transferable vocational skills that enable you to secure appropriate professional positions within industry. Within the School we run specialist seminars and provide advice on creating a strong CV, making job applications and successfully attending interviews and assessment centres.

    Our graduates have gone on to successful careers in the actuarial, finance, insurance and risk sectors.

    Professional recognition

    Offers exemptions from subjects CT1 to CT8 of the Institute and Faculty of Actuaries professional examinations, with the option to take further subjects for exemption purposes.

    Fee Information

    Tuition Fee

    GBP 21,900  / year

    How to Apply

    Applications to our Postgraduate programmes are made via the online directly to the University of Kent. There is no application fee required. 

    For international students, the deadline for applications to taught Master's programmes is 31 July.

    Although there is no fixed closing deadline for applications to research degrees, we strongly recommend that you apply as soon as possible; no later than three months before your intended start date. The University has three PhD entry dates during the academic year: September, January and May. Entry to a Master’s by Research is in September only.

    University of Kent

    Actuarial Science

    University of Kent

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    United Kingdom,

    Canterbury

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