University of Kent

Applied Actuarial Science with Placement (Integrated Master's) - MSc

University of KentCanterbury, United Kingdom

Course overview

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. Industrial 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. Our International Master’s programme is fully accredited by the Institute and Faculty of Actuaries. It is equivalent to the MSc in Actuarial Science followed by the one-year MSc in Applied Actuarial Science.

The International Master's in Applied Actuarial Science programme provides a fast-track route to qualifying as an actuary. Students who achieve a high enough overall mark in this programme can obtain exemptions from professional examinations. Specifically, in the first year of the programme, depending on the modules chosen, students may be eligible to gain exemptions from subjects CB1, CB2, CM1, CM2, CS1 and CS2 of the Institute and Faculty of Actuaries.

In the final year of the programme, depending on the modules chosen, students are eligible to gain exemptions from subjects CP1, CP2, CP3, SP2, SP5, SP7, SP8 and SP9 of the Institute and Faculty of Actuaries.

Key highlights

  • Fully accredited by the Institute and Faculty of Actuaries
  • Fast-track route to qualifying as an actuary
  • Possible exemptions from IFoA subjects CB1, CB2, CM1, CM2, CS1, CS2
  • Final-year exemptions possible from CP1–CP3 and selected SP subjects
  • Industrial placements may be undertaken in the UK or overseas
  • Equivalent to two MSc programmes in actuarial science combined

Entry requirements

  • Degree: 2:1 — to include acceptable subject; or above
  • Degree: 2:2 — to include any subject; considered case by case

Scholarships

  • Chevening Scholarships

  • Christine and Ian Bolt Scholarship

    Scholarship value up to £10,000.

  • Kent Business School Beaconhouse PG Progression Scholarship

    Tuition fee discount scholarship of £6,000.

    Up to £6,000
  • Kent Business School Dean's Excellence Scholarship Award

    Awards of up to £3,000

  • Kent Business School MBA Scholarship

    50% off Tuition Fee.

    Up to 50% of fees
  • Kent Graduate Scholarship

    20% fee reduction for post-graduate taught programmes at the University of Kent.

    Up to 20% of fees
  • Kent International Scholarship Postgraduate Taught

    Scholarship value - £5000

    Up to £5,000
  • Kent International Scholarship Postgraduate Taught (KBS)

    Scholarship value £3000

    Up to £3,000
  • Kent LLM Solicitors’ Practice Scholarship (Canterbury)

    £2,000 tuition fee discount (Home Students); £2,000 tuition fee discount (Overseas Students).

    Up to £2,000
  • Sasha Roberts Scholarship

    £3,000 stipend per annum split into two payments of £1,500 in October and January.

    Up to £3,000
  • The “Ambition” Scholarship for University of Kent Graduates

    £1,500 for Full Time UK students; £750 per year for Part Time UK students; £3,000 for Full Time Overseas students.

  • The CAMEMS Scholarship

    £3,000 stipend per annum split into two payments of £1,500 in October and January.

    Up to £3,000
  • The Widening Participation Ambition Scholarship for University of Kent Graduates

    £5,000 for UK students (£2,500 per year for part time students).

Careers this course leads to

  • Actuary
  • Pensions actuary
  • Insurance actuary
  • Investment analyst
  • Health care actuary
  • Risk analyst

Cost of study

International: £24,700 per year

Admission

Applications are made through AHZ at no cost. Share your transcripts, English test scores and personal statement, and your AHZ Counsellor will review your profile, submit your application to University of Kent, and guide you through interview, offer, CAS and visa — right up to enrolment.

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