University of Kent United Kingdom

Applied Actuarial Science with Placement

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 2 Years
Mode On Campus
Level Postgraduate
Degree Masters Degree
Closing soon September 2026

Course Overview

Embark on your journey to becoming a qualified actuary with the Applied Actuarial Science with Placement MSc at the University of Kent. This postgraduate degree is designed for individuals seeking to develop advanced quantitative and analytical skills essential for a successful career in the financial services sector, including insurance, pensions, and investment. You will delve into core actuarial principles, explore sophisticated modelling techniques, and gain a deep understanding of risk management, preparing you to tackle complex challenges within the actuarial profession and beyond. This programme is ideal for those with a strong mathematical background aiming to excel in this highly respected field.

This full-time, on-campus Masters programme is structured over two years, providing a comprehensive learning experience. You will engage with compulsory modules such as Core Actuarial Practice, Bayesian Machine Learning, and Modelling Practice, alongside a selection of optional modules allowing for specialisation in areas like General Insurance Pricing or Enterprise Risk Management. A key feature of the course is the industrial placement in your second year, offering invaluable practical experience and a significant advantage in the competitive job market. You will graduate with a robust understanding of actuarial science and the practical skills to pursue a career as a fully qualified actuary.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This program offers a comprehensive exploration of actuarial science, covering core practices, specialist applications, and essential modelling techniques. Students will gain proficiency in industry-standard software like PROPHET and develop crucial professional skills, including Bayesian machine learning. The curriculum culminates in a significant industrial placement, providing practical experience and culminating in a detailed report to showcase acquired expertise.

1 Stage 1

Core Actuarial Practice 1 Compulsory
Core Actuarial Practice 2 Compulsory
Specialist Actuarial Practice Compulsory
PROPHET Compulsory
Professional Skills Compulsory
Modelling Practice Compulsory
Bayesian Machine Learning Compulsory

2 Stage 2

Industrial Placement Experience Compulsory
Industrial Placement Report Compulsory

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

First Year Fee Tuition fee
USD 33,386.00
Second Year Fee Tuition fee
USD 33,386.00
Total Program Cost Estimated total tuition
USD 66,773.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Accommodation
USD 572.00 - USD 1,227.00
Food & Groceries USD 2,417.00 - USD 4,833.00
Transport USD 806.00 - USD 1,611.00
Utilities & Bills USD 1,128.00 - USD 2,095.00
Estimated Total USD 4,351.00 - USD 8,539.00

Living cost estimates are based on Canterbury Campus.

Outcomes & Employability

What happens after you graduate

95%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Artificial Intelligence & Machine LearningBrokerage & Trading & SecuritiesCreative Production & Project ManagementCybersecurityCybersecurity & Network SecurityEconomic Research & PolicyEvent & Experiential MarketingFinancial Technology (Fintech)Food Processing & ManufacturingInsurance & Risk Management

Top Employers Hiring for this course

Aviva

Bank of England

Barclays

Deloitte UK

Llyods banking group

National Farmers'​ Union

Willis Towers Watson pl(WTW)

Why Study Applied Actuarial Science with Placement at University of Kent

What makes this program stand out

September 2026 Closing soon

Next intake is in September 2026

Very Fast Application response time

University of Kent typically responds to applications within 1 - 2 days, giving you clarity on your options quickly.

Life at University of Kent in United Kingdom

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about Applied Actuarial Science with Placement at University of Kent

Can I work while studying?

International students in degree courses can work up to 20 hours per week during term time, with full-time options during breaks. No separate work permit is needed.

What English language score do I need for this course?

To apply, you must meet the English language requirements. Acceptable scores include TOEFL overall 80, IELTS overall 6.0, or PTE overall 63.

What jobs can I get after studying this course?

Graduates can pursue careers as actuaries, risk analysts, pension consultants, investment advisors, or insurance underwriters.

What will I actually study in this course?

The MSc in Applied Actuarial Science prepares you for diverse careers in fields like insurance and banking. It’s a full-time, one-year program for those with an actuarial science background.

When can I start — what are the intake months?

The next intake for the Applied Actuarial Science with Placement program is in September. Ensure you apply ahead of time to secure your spot.
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