Actuarial Science - MSc

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 Integrated 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. Depending on the modules chosen, MSc in Actuarial Science students may be eligible to gain exemptions from subjects CB1, CB2, CM1, CM2, CS1 and CS2 of the Institute and Faculty of Actuaries We also offer the Applied Actuarial Science (Integrated Master's) MSc course (2 years). The Integrated Master's offers an identical programme in Stage 1 to the Actuarial Science MSc course, with the additional flexibility of automatically being accepted for Stage 2 (subject to satisfactory assessment performance) which is equivalent to the Applied Actuarial Science MSc, without the need to re-apply for another one year visa.

Students can opt-out of the two year course at the end of Stage 1 and receive the full MSc qualification under the Actuarial Science MSc course (subject to satisfactory assessment performance). In 2010, the Centre for Actuarial Science, Risk and Investment (CASRI) was set up to reflect the widening scope of the teaching and research of our 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.