Actuarial Science (BSc (Hons))

University of Kent the United Kingdom

For more information about Actuarial Science at University of Kent, please visit the webpage using the button above.

The award
BSc (Hons)

How long you will study
3 Years

Domestic course fees
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How you will study
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Course starts
September

International course fees
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All study options

About Actuarial Science at University of Kent

Actuaries evaluate and manage financial risks, particularly in the financial services industry. Our specialist programmes are taught by professionally qualified actuaries and internationally renowned statisticians to ensure you are fully prepared for your career.  Why study an Actuarial Science degree at Kent Our degree programmes are fully accredited by the Institute and Faculty of Actuaries, which means that you can achieve up to six exemptions from the 13 professional examinations required to become a qualified actuary. You can take a year in industry and gain invaluable actuarial work experience. You’ll learn to use industry standard software like PROPHET and R. You’ll benefit from the extensive industrial experience of our professional actuaries. You’ll study in award-winning classrooms and breakout spaces that have been specially designed for mathematical sciences. You'll be able to join brilliant student societies for specialist workshops, revision sessions, socials and networking events. What you’ll study You’ll immerse yourself in the mathematics, statistics, finance and economics that you need to qualify as an actuary. You’ll also develop skills that are highly valued by employers, including data science, coding in R and PROPHET, financial modelling and commercial awareness. Year in industry If you want to gain paid industry experience as part of your degree programme, consider our popular Actuarial Science with a Year in Industry. Our in-house Placements Team support you in developing the skills and knowledge needed to successfully secure a placement through a specialist programme of workshops and events. Foundation year If you do not have the qualifications for direct entry to this programme, you may be able to take a four-year degree with a foundation year. For more details see Actuarial Science with a Foundation Year.

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.

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.

Intellectual Skills

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 in the programme
  • the ability to apply a range of concepts and principles in various contexts
  • how to present a logical argument
  • solving problems using various appropriate methods
  • IT skills
  • research, presentation and report-writing skills
  • an aptitude to work independently with relatively little guidance.

Subject-specific skills

You gain actuarial science skills in the following:

  • specific mathematical and statistical techniques and their application to solving actuarial problems
  • use of industry-specific IT skills and software
  • 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 to interpret and communicate the results.

Transferable skills

You gain transferable skills in the following:

  • problem-solving in relation to qualitative and quantitative information
  • written and oral communication skills
  • 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 required for continuing professional development.

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 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.

Study options for this course

  • The award How you will study How long you will study Course starts Domestic course fees International course fees
  • The awardBSc (Hons)How you will study find outHow long you will study3 years
    Course startsSeptemberDomestic course fees find outInternational course fees find out

Notes about fees for this course

Full Time UK/EU: TBC EUR | Full Time Overseas: TBC EUR

Entry requirements

Contact University of Kent to find course entry requirements.

Don't meet the entry requirements?

Consider a Foundation or Pathway course at University of Kent to prepare for your chosen course:

What students think about University of Kent

    Inspirational teaching - Patrique Tanque from Brazil is studying for a BSc in Forensic Chemistry.

    “Choosing Kent was an easy decision. The forensic programmes are ranked among the best in the UK and have a high graduate employment rate.

    “The teachers bring fresh ideas and up-to-date materials from real cases to enrich the lectures. They are keen to help out and always make sure we are getting plenty of support.

    “I was very fortunate to be awarded an International Scholarship, which meant I could dedicate myself to my studies.”

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    “I like the approach to teaching here; academics are happy to answer questions and to interact with students. I find the lectures very motivational, they pique your curiosity and for me the exciting bit is going to the library and pursuing the things you are interested in.

    “The lecturers at Kent are excellent. You get to know them well and, as you move through the course, they are able to guide you towards projects, ideas or career paths that they think you will like.”

    Specialist research - Sally Gao from China is studying for a PhD in Electronic Engineering.

    “I have been very lucky with my supervisor, Professor Yong Yan, who is a world-class expert and the first IEEE Fellow in the UK in instrumentation and measurement.

    “Professor Yong Yan has helped me to become a better researcher. I am inspired by his novel ideas and constructive suggestions. Under his supervision, my confidence has grown through such milestones as my first set of experiments, writing my first research paper and attending my first conference.”

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