Actuaries evaluate and manage financial risks, particularly in the financial services industry. If you are good at mathematics, enjoy problem-solving and are interested in financial matters, you should enjoy studying actuarial science. On this course you also spend a year in industry, putting your academic skills into practice.
Our Year in Industry programme enables you to gain paid industry experience in addition to being taught by our professionally qualified actuaries and internationally-renowned statisticians to ensure you are fully prepared for your future career.
You are encouraged to fulfil your potential while studying in our friendly and dynamic school based in the multi-award-winning Sibson Building.
Our degree programme
To help bridge the gap between school and university, you’ll attend small group tutorials in Stage 1, where you can practice the new mathematics you’ll be learning, ask questions and work with other students to find solutions. You’ll study a mixture of pure and applied mathematics, statistics and economics, providing you with a solid foundation for your later studies.
Throughout Stages 1 and 2, you attend specialist programme of workshops and events designed to ensure you have the best possible opportunity of securing a placement. Our in-house Placements Team will support you throughout the process. If you successfully secure a placement, you will spend a year working between Stages 2 and 3.
In Stages 2 and 3 you study modules that align with the professional exemptions from the Institute and Faculty of Actuaries (IFoA), preparing you for your career as a qualified actuary.
During your studies, you will learn how to use PROPHET, an actuarial software widely used by the profession, along with other key computer software packages.
Accreditation - Institute and Faculty of Actuaries Curriculum 2019
This year, the Institute and Faculty of Actuaries (IFoA) is introducing a new actuarial qualification structure called Curriculum 2019. We are delighted to say that we have successfully achieved re-accreditation for all of our Actuarial Science programmes and will be offering exemptions under the IFoA's new qualification structure from September 2019.
Antreas shares his experiences studying BSc Actuarial Science at Kent
If your grades do not qualify you for direct entry to this programme, you may be able to take a degree with a foundation year. For more details see Actuarial Science with a Foundation Year.
Kent is home to the Invicta Actuarial Society. Run by students and staff, it encourages valuable contact with industry professionals. In previous years the Society has organised:
- open lectures
- socials and networking events.
You may want to join Kent Maths Society, which is run by students and holds talks, workshops and social activities.
The School of Mathematics, Statistics and Actuarial Science puts on regular events that you are welcome to attend. These may include:
- seminars and workshops
- employability events.
Mathematics at Kent scored 91.5 out of 100 in The Complete University Guide 2019.
In the National Student Survey 2018, over 87% of final-year Mathematics and Statistics students who completed the survey, were satisfied with the overall quality of their course.
Of Mathematics and Statistics students who graduated from Kent in 2017 and completed a national survey, over 95% were in work or further study within six months (DLHE).
Teaching Excellence Framework
Based on the evidence available, the TEF Panel judged that the University of Kent delivers consistently outstanding teaching, learning and outcomes for its students. It is of the highest quality found in the UK.
Please see the University of Kent's Statement of Findings for more information.
The following modules are indicative of those offered on this programme. This listing is based on the current curriculum and may change year to year in response to new curriculum developments and innovation.
On most programmes, you study a combination of compulsory and optional modules. You may also be able to take ‘elective’ modules from other programmes so you can customise your programme and explore other subjects that interest you.
|Compulsory modules currently include||Credits|
MA306 - Statistics
Introduction to R and investigating data sets. Basic use of R (Input and manipulation of data). Graphical representations of data. Numerical summaries of data.
Sampling and sampling distributions. ?² distribution. t-distribution. F-distribution. Definition of sampling distribution. Standard error. Sampling distribution of sample mean (for arbitrary distributions) and sample variance (for normal distribution) .
Point estimation. Principles. Unbiased estimators. Bias, Likelihood estimation for samples of discrete r.v.s
Interval estimation. Concept. One-sided/two-sided confidence intervals. Examples for population mean, population variance (with normal data) and proportion.
Hypothesis testing. Concept. Type I and II errors, size, p-values and power function. One-sample test, two sample test and paired sample test. Examples for population mean and population variance for normal data. Testing hypotheses for a proportion with large n. Link between hypothesis test and confidence interval. Goodness-of-fit testing.
Association between variables. Product moment and rank correlation coefficients. Two-way contingency tables. ?² test of independence.View full module detals
MA309 - Business Economics
The aim of this module is to introduce students to core economic principles and how these could be used in a business environment to understand economic behaviour and aid decision making. The coverage is sufficient to enable students to gain exemption from the Actuarial profession's Business Economics examination (CT7 up to 2018, CB2 from 2019), whilst giving a coherent coverage of economic concepts and principles. The syllabus includes: the working of competitive markets, consumer demand and behaviour, product selection, marketing and advertising strategies, costs of production, production function, revenue and profit, profit maximisation under perfect competition and monopoly, imperfect competition, business strategy, the objectives of strategic management, firms' growth strategy, pricing strategies, government intervention, international trade, balance of payment and exchange rates, the role of money and interest rates in the economy, the level of business activity, unemployment, inflation and macroeconomic policy.View full module detals
MA315 - Financial Mathematics
The aim of this module is to provide a grounding in financial mathematics and its simple applications. The idea of interest, which may be regarded as a price for the use of money, is fundamental to all long-term financial contracts. The module deals with accumulation of past payments and the discounting of future payments at fixed and varying rates of interest; it is fundamental to the financial aspects of Actuarial Science. The syllabus will cover: Generalised cashflow models, the time value of money, real and money interest rates, discounting and accumulating, compound interest functions, equations of value, loan schedules, project appraisal, investments, elementary compound interest problems, arbitrage-free pricing and the pricing and valuation of forward contracts, the term structure of interest rates, stochastic interest rate models.View full module detals
MA347 - Linear Mathematics
This module serves as an introduction to algebraic methods and linear algebra methods. These are central in modern mathematics, having found applications in many other sciences and also in our everyday life.
Indicative module content:
Basic set theory, Functions and Relations, Systems of linear equations and Gaussian elimination, Matrices and Determinants, Vector spaces and Linear Transformations, Diagonalisation, Orthogonality.View full module detals
MA348 - Mathematical Methods 1
This module introduces widely-used mathematical methods for functions of a single variable. The emphasis is on the practical use of these methods; key theorems are stated but not proved at this stage. Tutorials and Maple worksheets will be used to support taught material.
Complex numbers: Complex arithmetic, the complex conjugate, the Argand diagram, de Moivre's Theorem, modulus-argument form; elementary functions
Polynomials: Fundamental Theorem of Algebra (statement only), roots, factorization, rational functions, partial fractions
Single variable calculus: Differentiation, including product and chain rules; Fundamental Theorem of Calculus (statement only), elementary integrals, change of variables, integration by parts, differentiation of integrals with variable limits
Scalar ordinary differential equations (ODEs): definition; methods for first-order ODEs; principle of superposition for linear ODEs; particular integrals; second-order linear ODEs with constant coefficients; initial-value problems
Curve sketching: graphs of elementary functions, maxima, minima and points of inflection, asymptotesView full module detals
MA349 - Mathematical Methods 2
This module introduces widely-used mathematical methods for vectors and functions of two or more variables. The emphasis is on the practical use of these methods; key theorems are stated but not proved at this stage. Tutorials and Maple worksheets will be used to support taught material.
Vectors: Cartesian coordinates; vector algebra; scalar, vector and triple products (and geometric interpretation); straight lines and planes expressed as vector equations; parametrized curves; differentiation of vector-valued functions of a scalar variable; tangent vectors; vector fields (with everyday examples)
Partial differentiation: Functions of two variables; partial differentiation (including the chain rule and change of variables); maxima, minima and saddle points; Lagrange multipliers
Integration in two dimensions: Double integrals in Cartesian coordinates; plane polar coordinates; change of variables for double integrals; line integrals; Green's theorem (statement – justification on rectangular domains only)View full module detals
MA351 - Probability
Introduction to Probability. Concepts of events and sample space. Set theoretic description of probability, axioms of probability, interpretations of probability (objective and subjective probability).
Theory for unstructured sample spaces. Addition law for mutually exclusive events. Conditional probability. Independence. Law of total probability. Bayes' theorem. Permutations and combinations. Inclusion-Exclusion formula.
Discrete random variables. Concept of random variable (r.v.) and their distribution. Discrete r.v.: Probability function (p.f.). (Cumulative) distribution function (c.d.f.). Mean and variance of a discrete r.v. Examples: Binomial, Poisson, Geometric.
Continuous random variables. Probability density function; mean and variance; exponential, uniform and normal distributions; normal approximations: standardisation of the normal and use of tables. Transformation of a single r.v.
Joint distributions. Discrete r.v.'s; independent random variables; expectation and its application.
Generating functions. Idea of generating functions. Probability generating functions (pgfs) and moment generating functions (mgfs). Finding moments from pgfs and mgfs. Sums of independent random variables.
Laws of Large Numbers. Weak law of large numbers. Central Limit Theorem.View full module detals
|Compulsory modules currently include||Credits|
MA501 - Statistics for Insurance
This module covers aspects of Statistics which are particularly relevant to insurance. Some topics (such as risk theory and credibility theory) have been developed specifically for actuarial use. Other areas (such as Bayesian Statistics) have been developed in other contexts but now find applications in actuarial fields. Stochastic processes of events such as accidents, together with the financial flow of their payouts underpin much of the work. Since the earliest games of chance, the probability of ruin has been a topic of interest. Outline Syllabus includes: Decision Theory; Bayesian Statistics; Loss Distributions; Reinsurance; Credibility Theory; Empirical Bayes Credibility theory; Risk Models; Ruin Theory; Generalised Linear Models; Run-off Triangles.View full module detals
MA516 - Contingencies 1
The aim of this module is to provide a grounding in the principles of modelling as applied to actuarial work – focusing particularly on deterministic models which can be used to model and value cashflows which are dependent on death, survival, or other uncertain risks. Indicative topics covered by the module include equations of value and its applications, single decrement models, multiple decrement and multiple life models. This module will cover a number of syllabus items set out in Subject CM1 – Actuarial Mathematics published by the Institute and Faculty of Actuaries.View full module detals
MA527 - Corporate Finance for Actuaries
This module introduces and explores a range of topics relating to corporate finance which are fundamental to understanding why and how companies raise money to start a business or expand an existing one. The module covers the different ways that the money can be raised, for example from a bank or through a stocks and shares market, and the interest rate or investment return that an investor will expect to receive from a company in order to provide the money required. This is a very practical module to the extent that it will help students develop business awareness in the field of company finance. Reference will often be made to actual happenings in the financial markets in support of the material covered.
The intention is that this curriculum together with that for MACT5280 Financial Reports and their Analysis would provide an acceptable platform for exemption from the UK actuarial profession's examination in subject CT2, subject to satisfactory performance.View full module detals
MA528 - Financial Reports and their Analysis
This module considers the construction and analysis of corporate accounts including the following: Regulatory backdrop to accounting, Accounting Principles, Basic construction of the main accounts, ie statements of comprehensive income, statements of financial position, cashflow statements and changes in equity statements, Directors' and auditors’ reports, Interpretation of accounts and horizontal and vertical analysis using ratios, Limitations of accounts and ratio analysis, Group accounting structures, Peculiarities of insurance company accounts.
The intention is that this curriculum together with that for MACT5270 Corporate Finance for Actuaries would provide an acceptable platform for exemption from the UK actuarial profession’s examination in subject CT2, subject to satisfactory performance.View full module detals
MA5501 - Applied Statistical Modelling 1
Constructing suitable models for data is a key part of statistics. For example, we might want to model the yield of a chemical process in terms of the temperature and pressure of the process. Even if the temperature and pressure are fixed, there will be variation in the yield which motivates the use of a statistical model which includes a random component. In this module, we study how suitable models can be constructed, how to fit them to data and how suitable conclusions can be drawn. Both theoretical and practical aspects are covered, including the use of R.View full module detals
MA5507 - Mathematical Statistics
Probability: Joint distributions of two or more discrete or continuous random variables. Marginal and conditional distributions. Independence. Properties of expectation, variance, covariance and correlation. Poisson process and its application. Sums of random variables with a random number of terms.
Transformations of random variables: Various methods for obtaining the distribution of a function of a random variable —method of distribution functions, method of transformations, method of generating functions. Method of transformations for several variables. Convolutions. Approximate method for transformations.
Sampling distributions: Sampling distributions related to the Normal distribution — distribution of sample mean and sample variance; independence of sample mean and variance; the t distribution in one- and two-sample problems.
Statistical inference: Basic ideas of inference — point and interval estimation, hypothesis testing.
Point estimation: Methods of comparing estimators — bias, variance, mean square error, consistency, efficiency. Method of moments estimation. The likelihood and log-likelihood functions. Maximum likelihood estimation.
Hypothesis testing: Basic ideas of hypothesis testing — null and alternative hypotheses; simple and composite hypotheses; one and two-sided alternatives; critical regions; types of error; size and power. Neyman-Pearson lemma. Simple null hypothesis versus composite alternative. Power functions. Locally and uniformly most powerful tests. Composite null hypotheses. The maximum likelihood ratio test.
Interval estimation: Confidence limits and intervals. Intervals related to sampling from the Normal distribution. The method of pivotal functions. Confidence intervals based on the large sample distribution of the maximum likelihood estimator – Fisher information, Cramer-Rao lower bound. Relationship with hypothesis tests. Likelihood-based intervals.View full module detals
MA639 - Time Series Modelling and Simulation
A time series is a collection of observations made sequentially in time. Examples occur in a variety of fields, ranging from economics to engineering, and methods of analysing time series constitute an important area of statistics. This module focuses initially on various time series models, including some recent developments, and provides modern statistical tools for their analysis. The second part of the module covers extensively simulation methods. These methods are becoming increasingly important tools as simulation models can be easily designed and run on modern PCs. Various practical examples are considered to help students tackle the analysis of real data.The syllabus includes: Difference equations, Stationary Time Series: ARMA process. Nonstationary Processes: ARIMA Model Building and Testing: Estimation, Box Jenkins, Criteria for choosing between models, Diagnostic tests.Forecasting: Box-Jenkins, Prediction bounds. Testing for Trends and Unit Roots: Dickey-Fuller, ADF, Structural change, Trend-stationarity vs difference stationarity. Seasonality and Volatility: ARCH, GARCH, ML estimation. Multiequation Time Series Models: Spectral Analysis. Generation of pseudo – random numbers, simulation methods: inverse transform and acceptance-rejection, design issues and sensitivity analysis.
Marks on this module can count towards exemption from the professional examination CT6 of the Institute and Faculty of Actuaries. Please see http://www.kent.ac.uk/casri/Accreditation/index.html for further details.View full module detals
|Optional modules may include||Credits|
MA5511 - Optimisation with Financial Applications
Formulation/Mathematical modelling of optimisation problems
Linear Optimisation: Graphical method, Simplex method, Phase I method, Dual problems,
Non-linear Optimisation: Unconstrained one dimensional problems, Unconstrained high dimensional problems, Constrained optimisation.View full module detals
MA5505 - Linear Partial Differential Equations
In this module we will study linear partial differential equations, we will explore their properties and discuss the physical interpretation of certain equations and their solutions. We will learn how to solve first order equations using the method of characteristics and second order equations using the method of separation of variables.
Introduction to linear PDEs: Review of partial differentiation; first-order linear PDEs, the heat equation, Laplace's equation and the wave equation, with simple models that lead to these equations; the superposition principle; initial and boundary conditions
Separation of variables and series solutions: The method of separation of variables; simple separable solutions of the heat equation and Laplace’s equation; Fourier series; orthogonality of the Fourier basis; examples and interpretation of solutions
Solution by characteristics: the method of characteristics for first-order linear PDEs; examples and interpretation of solutions; characteristics of the wave equation; d’Alembert’s solution, with examples; domains of influence and dependence; causality.View full module detals
Year in industry
You spend a year working in industry between Stages 2 and 3. We can offer help and advice in finding a placement. This greatly enhances your CV and gives you the opportunity to apply your academic skills in a practical context. It also gives you an idea of your career
options. Recent placements have included IBM, management consultancies, government departments, actuarial firms and banks.
|Compulsory modules currently include||Credits|
MA5801 - Industrial Placement Experience
Students spend a year (minimum 900 hours) doing paid work in an organisation outside the University, usually in an industrial or commercial environment, applying and enhancing the skills and techniques they have developed and studied in the earlier stages of their degree programme.
The work they do is entirely under the direction of their industrial supervisor, but support is provided by the SMSAS Placement Officer or a member of the academic team. This support includes ensuring that the work they are being expected to do is such that they can meet the learning outcomes of the module.
Participation in this module is dependent on students obtaining an appropriate placement, for which support and guidance is provided through the School in the year leading up to the placement. It is also dependent on students progressing from Stage 2 of their studies.
Students who do not obtain a placement will be required to transfer to the appropriate programme without a Year in Industry.View full module detals
MA5802 - Industrial Placement (Report and Presentation)
Students spend a year (minimum 900 hours) doing paid work in an organisation outside the University, usually in an industrial or commercial environment, applying and enhancing the skills and techniques they have developed and studied in the earlier stages of their degree programme. Employer evaluation, personal and professional reviews and on-line blogs are assessed under MAST5801 (Industrial Placement Experience) which is a co-requisite of this module. The assessment of this module draws on the experience gained in MAST5801 and is assessed through a Placement Report and Presentation.
The placement work they do is entirely under the direction of their industrial supervisor, but support is provided by the SMSAS Placement Officer or a member of the academic team. This support includes ensuring that the work they are being expected to do is such that they can meet the learning outcomes of this module.
Participation in the placement year, and hence in this module, is dependent on students obtaining an appropriate placement, for which support and guidance is provided through the School in the year leading up to the placement. It is also dependent on students progressing satisfactorily from Stage 2 of their studies.
Students who do not obtain a placement or who fail module MAST5801 (Industrial Placement Experience) will be required to transfer to the appropriate programme without a Year in Industry and any marks obtained on this module will not contribute to their final degree classification.View full module detals
|Compulsory modules currently include||Credits|
MA636 - Stochastic Processes
Introduction: Principles and examples of stochastic modelling, types of stochastic process, Markov property and Markov processes, short-term and long-run properties. Applications in various research areas.
Random walks: The simple random walk. Walk with two absorbing barriers. First–step decomposition technique. Probabilities of absorption. Duration of walk. Application of results to other simple random walks. General random walks. Applications.
Discrete time Markov chains: n–step transition probabilities. Chapman-Kolmogorov equations. Classification of states. Equilibrium and stationary distribution. Mean recurrence times. Simple estimation of transition probabilities. Time inhomogeneous chains. Elementary renewal theory. Simulations. Applications.
Continuous time Markov chains: Transition probability functions. Generator matrix. Kolmogorov forward and backward equations. Poisson process. Birth and death processes. Time inhomogeneous chains. Renewal processes. Applications.
Queues and branching processes: Properties of queues - arrivals, service time, length of the queue, waiting times, busy periods. The single-server queue and its stationary behaviour. Queues with several servers. Branching processes. Applications.
Marks on this module can count towards exemption from the professional examination CT4 of the Institute and Faculty of Actuaries. Please see http://www.kent.ac.uk/casri/Accreditation/index.html for further details.View full module detals
MA533 - Contingencies 2
The aim of this module is to provide a grounding in the principles of modelling as applied to actuarial work – focusing particularly on deterministic models which can be used to model and value cashflows which are dependent on death, survival, or other uncertain risks. Indicative topics covered by the module include equations of value and its applications, single decrement models, multiple decrement and multiple life models, pricing and reserving. This module will cover a number of syllabus items set out in Subject CM1 – Actuarial Mathematics published by the Institute and Faculty of Actuaries.View full module detals
MA535 - Portfolio Theory and Asset Pricing Models
The aim of this module is to provide a grounding in the principles of modelling as applied to actuarial work – focusing particularly on stochastic asset liability models. These skills are also required to communicate with other financial professionals and to critically evaluate modern financial theories.
Indicative topics covered by the module include theories of financial market behaviour, measures of investment risk, stochastic investment return models, asset valuations, and liability valuations.
This module will cover a number of syllabus items set out in Subject CM2 – Actuarial Mathematics published by the Institute and Faculty of Actuaries.View full module detals
MA537 - Mathematics of Financial Derivatives
The aim of this module is to provide a grounding in the principles of modelling as applied to actuarial work – focusing particularly on the valuation of financial derivatives. These skills are also required to communicate with other financial professionals and to critically evaluate modern financial theories.
Indicative topics covered by the module include theories of stochastic investment return models and option theory.
This module will cover a number of syllabus items set out in Subject CM2 – Actuarial Mathematics published by the Institute and Faculty of Actuaries.View full module detals
MA539 - Financial Modelling
This module is split into two parts: 1. An introduction to the practical experience of working with the financial software package, PROPHET, which is used by commercial companies worldwide for profit testing, valuation and model office work. The syllabus includes: overview of the uses and applications of PROPHET, introduction on how to use the software, setting up and performing a profit test for a product , analysing and checking the cash flow results obtained for reasonableness, using the edit facility on input files, performing sensitivity tests , creating a new product using an empty workspace by selecting the appropriate indicators and variables for that product and setting up the various input files, debugging errors in the setting up of the new product, performing a profit test for the new product and analysing the results. 2. An introduction to financial modelling techniques on spreadsheets which will focus on documenting the process of model design and communicating the model's results. The module enables students to prepare, analyse and summarise data, develop simple financial and actuarial spreadsheet models to solve financial and actuarial problems, and apply, interpret and communicate the results of such models.View full module detals
MA525 - Survival Models
The aim of this module is to provide a grounding in mathematical and statistical modelling techniques that are of particular relevance to survival analysis and their application to actuarial work.
Calculations in life assurance, pensions and health insurance require reliable estimates of transition intensities/survival rates. This module covers the estimation of these intensities and the graduation of these estimates so they can be used reliably by insurance companies and pension schemes. The syllabus also includes the study of various other survival models, and an introduction to machine learning. This module will cover a number of syllabus items set out in Subject CS2 – Actuarial Mathematics published by the Institute and Faculty of Actuaries.View full module detals
MA509 - Actuarial Practice
The module will give students an understanding of the practical application of the techniques they learn in the BSc in Actuarial Science. It brings together skills from other modules, and ensures that students have the necessary entry-level skills and knowledge to join the actuarial profession or to embark on related careers, and also provides a platform for ongoing professional development. The syllabus is dynamic, changing regularly to reflect current practice and trends.View full module detals
Teaching and assessment
Most of the teaching is by lectures and examples classes. At Stage 1, you can go to regular supervised classes where you can get help and advice on the way you approach problems. Modules that include programming or working with computer software packages usually involve practical sessions.
Each year, there are a number of special lectures by visiting actuaries from external organisations, to which all students are invited. These lectures help to bridge the gap between actuarial theory and its practical applications.
The course provides practical experience of working with PROPHET, a market-leading actuarial software package used by commercial companies worldwide for profit testing, valuation and model office work.
Modules are assessed by end-of-year examinations, or by a combination of coursework and examinations.
We aim to help students develop:
- skills and knowledge appropriate to graduates in mathematical subjects
- the ability to use rigorous reasoning and precise expression
- the capabilities to formulate and solve problems
- an appreciation of recent actuarial developments, and of the links between the theory and its practical application in industry
- the ability to formulate a logical, mathematical approach to solving problems
- an enhanced capacity for independent thought and work
- competence in the use of IT and the relevant software
- opportunities to study advanced topics, engage in research and develop communication and personal skills
- eligibility for up to eight exemptions from examinations of the Institute and Faculty of Actuaries.
In addition, the Year in Industry enables students to gain awareness of the application of technical concepts in the workplace.
Knowledge and understanding
You gain knowledge and understanding of:
- the principles of specific actuarial mathematics techniques including calculus, algebra, mathematical methods, discrete mathematics, analysis and linear algebra
- probability and inference and time series modelling, plus specialist statistics applications in insurance
- IT skills relevant to actuaries
- methods and techniques appropriate to the mathematics of finance, finance and financial reporting, and financial economics
- the principles of economics as relevant to actuaries
- methods and techniques appropriate to survival models.
- the core areas of actuarial practice
- aspects of the core subject areas from the perspective of a commercial or industrial organisation.
You gain the following intellectual abilities:
- a reasonable understanding of the programme's main body of knowledge
- skills in calculation and manipulation of the material written in the programme
- the ability to apply a range of concepts and principles in various contexts
- how to present a logical argument
- to solve problems by various appropriate methods
- IT skills
- research, presentation and report-writing skills
- the ability to work with relatively little guidance
- the intellectual skills required in the context of a commercial or industrial organisation.
You gain actuarial-science skills in the following:
- mathematical and statistical techniques, and their application to solving actuarial problems
- use of industry-specific IT and software skills
- an understanding of the practical applications of the subject material in insurance
- the ability to develop simple actuarial computer models to solve actuarial problems and interpret and communicate the results
- the application of subject-specific skills specified for the programme from the perspective of a commercial or industrial organisation.
You gain transferable skills in the following:
- problem-solving skills in relation to qualitative and quantitative information
- written and oral communication
- numeracy and computation
- information retrieval in relation to primary and secondary information sources, including online computer searches
- word-processing and other IT skills, including spreadsheets and internet communication
- interpersonal skills such as the ability to interact with other people and to engage in team-working
- time-management and organisation and the ability to plan and implement efficient and effective modes of working
- study skills needed for continuing professional development.
The Actuarial Science programme allows you to gain exemptions from the professional examinations set by the UK actuarial profession, so our graduates have a head start when looking to qualify as actuaries. It also provides an excellent foundation for careers in many other areas of finance and risk.
Recent graduates have gone on to work in:
- insurance companies and consultancy practices
- the Government Actuary’s Department
- the London Stock Exchange
- other areas of financial management.
Help finding a job
The University has a friendly Careers and Employability Service, which can give you advice on how to:
- apply for jobs
- write a good CV
- perform well in interviews.
You graduate with an excellent grounding in the fundamental concepts and principles of actuarial science, together with practical experience in the use of industry-standard actuarial software.
To help you appeal to employers, you also learn key transferable skills that are essential for all graduates. These include the ability to:
- think critically
- communicate your ideas and opinions
- manage your time effectively
- work independently or as part of a team.
You can also gain extra skills by signing up for one of our Kent Extra activities, such as learning a language or volunteering.
Studying actuarial science gave me a strong foundation in the concepts of the profession, which set me apart from other candidates.Vikram Joshi Actuarial Science BSc
The University will consider applications from students offering a wide range of qualifications. Typical requirements are listed below. Students offering alternative qualifications should contact us for further advice.
It is not possible to offer places to all students who meet this typical offer/minimum requirement.
New GCSE grades
If you’ve taken exams under the new GCSE grading system, please see our conversion table to convert your GCSE grades.
|Qualification||Typical offer/minimum requirement|
AAA including Mathematics at grade A. Use of Maths A level is not accepted as a required subject. Only one of General Studies or Critical Thinking can count as a third A level.
If taking both A level Mathematics and A level Further Mathematics:
AAB including Mathematics at grade A and Further Mathematics at grade B. Use of Maths A level is not accepted as a required subject. Only one of General Studies or Critical Thinking can count as a third A level.
|Access to HE Diploma||
The University will not necessarily make conditional offers to all Access candidates but will continue to assess them on an individual basis.
If we make you an offer, you will need to obtain/pass the overall Access to Higher Education Diploma and may also be required to obtain a proportion of the total level 3 credits and/or credits in particular subjects at merit grade or above.
|BTEC Level 3 Extended Diploma (formerly BTEC National Diploma)||
The University will consider applicants holding BTEC National Diploma and Extended National Diploma Qualifications (QCF; NQF; OCR) on a case-by-case basis. Please contact us for further advice on your individual circumstances.
34 points overall or 17 points at HL including Mathematics 6 at HL
The University welcomes applications from international students programmes. Our international recruitment team can guide you on entry requirements. See our International Student website for further information about entry requirements for your country.
However, please note that international fee-paying students cannot undertake a part-time programme due to visa restrictions.
If you need to increase your level of qualification ready for undergraduate study, we offer a number of International Foundation Programmes.
Meet our staff in your country
For more advice about applying to Kent, you can meet our staff at a range of international events.
English Language Requirements
Please see our English language entry requirements web page.
Please note that if you are required to meet an English language condition, we offer a number of 'pre-sessional' courses in English for Academic Purposes. You attend these courses before starting your degree programme.
General entry requirements
Please also see our general entry requirements.
The 2019/20 annual tuition fees for this programme are:
For students continuing on this programme, fees will increase year on year by no more than RPI + 3% in each academic year of study except where regulated.*
Your fee status
The University will assess your fee status as part of the application process. If you are uncertain about your fee status you may wish to seek advice from UKCISA before applying.
Fees for Year in Industry
For 2019/20 entrants, the standard year in industry fee for home, EU and international students is £1,385.
Fees for Year Abroad
UK, EU and international students on an approved year abroad for the full 2019/20 academic year pay £1,385 for that year.
Students studying abroad for less than one academic year will pay full fees according to their fee status.
General additional costs
Kent offers generous financial support schemes to assist eligible undergraduate students during their studies. See our funding page for more details.
You may be eligible for government finance to help pay for the costs of studying. See the Government's student finance website.
Scholarships are available for excellence in academic performance, sport and music and are awarded on merit. For further information on the range of awards available and to make an application see our scholarships website.
The Kent Scholarship for Academic Excellence
At Kent we recognise, encourage and reward excellence. We have created the Kent Scholarship for Academic Excellence.
The scholarship will be awarded to any applicant who achieves a minimum of AAA over three A levels, or the equivalent qualifications (including BTEC and IB) as specified on our scholarships pages.
The scholarship is also extended to those who achieve AAB at A level (or specified equivalents) where one of the subjects is either mathematics or a modern foreign language. Please review the eligibility criteria.
The Key Information Set (KIS) data is compiled by UNISTATS and draws from a variety of sources which includes the National Student Survey and the Higher Education Statistical Agency. The data for assessment and contact hours is compiled from the most populous modules (to the total of 120 credits for an academic session) for this particular degree programme.
Depending on module selection, there may be some variation between the KIS data and an individual's experience. For further information on how the KIS data is compiled please see the UNISTATS website.
If you have any queries about a particular programme, please contact firstname.lastname@example.org.