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Actuarial Science

Entry requirements


A level

A,A,B

including Mathematics at grade A. Use of Maths A level is not accepted as a required subject. Or if taking both A-level Mathematics and A-level Further Mathematics then the offer is: ABB including Mathematics at grade A and Further Mathematics at grade B. Use of Maths A level is not accepted as a required subject.

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.

International Baccalaureate Diploma Programme

30

overall or 15 points at Higher Level including HL Maths or HL Maths: Analysis and Approaches at 6

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.

Scottish Highers qualifications are considered on an individual basis

UCAS Tariff

136

We've calculated how many Ucas points you'll need for this course.

About this course


Course option

3.0years

Full-time | 2022

Subjects

Applied statistics

Actuarial science

Actuaries evaluate and manage risks touching many aspects of our modern world, from determining our insurance premiums to advising on employees financial bonuses. Kent is one of the longest-established providers of Actuarial Science degrees in the UK.
Our specialist programmes combine the in-house expertise of our professionally qualified actuaries and internationally-renowned statisticians to ensure you are fully prepared for your future career. You will be encouraged to fulfil your potential whilst studying in our friendly and dynamic school based in the multi-award-winning Sibson Building.
**Your studies**
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.
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**
This degree programme is fully accredited by the Institute and Faculty of Actuaries (IFoA) and offers the full suite of Core Principles professional exemptions under the IFoA’s updated Curriculum 2019 exemption structure.
**Year in Industry**
If you want to gain paid industry experience as part of your degree programme, our popular Actuarial Science with a Year in Industry programme (UCAS: N324) may be for you. If you decide to take the Year in Industry, our in-house Placements Team will 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 your grades do not qualify you for direct entry to this programme, you may be able to take a four-year Actuarial Science with a Foundation Year degree (UCAS: N325). The Foundation Year provides an opportunity for you to develop your mathematics skills and start learning some university-level material, fully preparing you for university study before you progress onto the main Actuarial Science programme.
**Superb student experience**
The School of Mathematics, Statistics and Actuarial Science (SMSAS) at Kent has a thriving student culture, with students from all degree programmes and all degree stages participating in student activities and taking on active roles in the School. As a SMSAS student you benefit from free membership of the Kent Maths Society and Invicta Actuarial Society. You can become a Student Rep and share the views of your fellow students to bring about changes. You could be employed as a Student Ambassador, earning money while you study by inspiring the next generation of mathematicians. Or join one of the society committees and organise socials and events for SMSAS students.
You will be encouraged to make the most of your time at university and will have access to support and guidance throughout your studies.

The Uni


Course location:

University of Kent

Department:

School of Mathematics, Statistics and Actuarial Science

Read full university profile

What students say


We've crunched the numbers to see if overall student satisfaction here is high, medium or low compared to students studying this subject(s) at other universities.

85%
med
Applied statistics
80%
med
Actuarial science

How do students rate their degree experience?

The stats below relate to the general subject area/s at this university, not this specific course. We show this where there isn’t enough data about the course, or where this is the most detailed info available to us.

Statistics

Teaching and learning

77%
Staff make the subject interesting
92%
Staff are good at explaining things
85%
Ideas and concepts are explored in-depth
85%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

83%
Library resources
83%
IT resources
86%
Course specific equipment and facilities
69%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions
Feel part of a community on my course

Who studies this subject and how do they get on?

45%
UK students
55%
International students
56%
Male students
44%
Female students
75%
2:1 or above
11%
First year drop out rate

Most popular A-Levels studied (and grade achieved)

A
A
A

Finance

Teaching and learning

65%
Staff make the subject interesting
88%
Staff are good at explaining things
75%
Ideas and concepts are explored in-depth
73%
Opportunities to apply what I've learned

Assessment and feedback

Feedback on work has been timely
Feedback on work has been helpful
Staff are contactable when needed
Good advice available when making study choices

Resources and organisation

79%
Library resources
80%
IT resources
80%
Course specific equipment and facilities
75%
Course is well organised and has run smoothly

Student voice

Staff value students' opinions
Feel part of a community on my course

Who studies this subject and how do they get on?

45%
UK students
55%
International students
56%
Male students
44%
Female students
77%
2:1 or above
9%
First year drop out rate

Most popular A-Levels studied (and grade achieved)

A
A
A

After graduation


The stats in this section relate to the general subject area/s at this university – not this specific course. We show this where there isn't enough data about the course, or where this is the most detailed info available to us.

Mathematical sciences

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£25,000
med
Average annual salary
96%
med
Employed or in further education
72%
med
Employed in a role where degree was essential or beneficial

Top job areas of graduates

38%
Business, finance and related associate professionals
22%
Business, research and administrative professionals
13%
Information technology and telecommunications professionals

The business and research sectors worry that the UK hasn't got enough people with good statistics skills, and as stats are at the heart of so much of the economy, and we only have a few hundred graduates a year in the discipline, this type of degree can be very useful and versatile. The finance industry is very popular with this group, and they're far more likely to be working in London than most other graduates. And who can blame them — statistics graduates starting work in London were earning an average of nearly £29k just six months after leaving university. There is also demand from the Scottish finance sector in Edinburgh and Glasgow - particularly in banking and insurance. But a good statistician can find work almost anywhere that data can be analysed - which, in an online world, is almost anywhere - and many industries struggle to find enough statisticians to fulfil demand, so stay flexible and you can find a variety of options.

Finance

What are graduates doing after six months?

This is what graduates told us they were doing (and earning), shortly after completing their course. We've crunched the numbers to show you if these immediate prospects are high, medium or low, compared to those studying this subject/s at other universities.

£27,850
high
Average annual salary
95%
med
Employed or in further education
85%
high
Employed in a role where degree was essential or beneficial

Top job areas of graduates

51%
Business, research and administrative professionals
24%
Business, finance and related associate professionals
6%
Teaching and educational professionals

Over 2,000 students graduated with a degree in finance in 2015, and a sign of the strength of the finance industry, numbers are on the up. Over half of finance graduates go into the finance industry, with accountancy and financial advice roles particularly popular. It's also quite common for finance graduates to go into jobs which require you to take more training and gain professional qualifications — finance graduates who take further study are more likely to be studying accountancy than finance. About a third of graduates start their careers in London - but Glasgow, Manchester and Birmingham are other popular locations for finance graduates to work.

What about your long term prospects?

Looking further ahead, below is a rough guide for what graduates went on to earn.

Mathematical sciences

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£27k

£27k

£28k

£28k

£33k

£33k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

Business and management

The graph shows median earnings of graduates who achieved a degree in this subject area one, three and five years after graduating from here.

£24k

£24k

£30k

£30k

£35k

£35k

Note: this data only looks at employees (and not those who are self-employed or also studying) and covers a broad sample of graduates and the various paths they've taken, which might not always be a direct result of their degree.

Explore these similar courses...

Higher entry requirements
University of Leicester
Mathematics and Actuarial Science
Bachelor of Science (with Honours) - BSc (Hons)
3.0 years | Full-time | 2022
Lower entry requirements
University of Kent
Actuarial Science with a Foundation Year
Bachelor of Science (with Honours) - BSc (Hons)
4.0 years | Full-time | 2022
Nearby University
University of Essex
Actuarial Science (Including Year Abroad)
Bachelor of Science (with Honours) - BSc (Hons)
4.0 years | Full-time | 2022
Same University
University of Kent
Actuarial Science with a year in Industry
Bachelor of Science (with Honours) - BSc (Hons)
4.0 years | Full-time | 2022

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This is what the university has told Ucas about the criteria they expect applicants to satisfy; some may be compulsory, others may be preferable.

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This is the percentage of applicants to this course who received an offer last year, through Ucas.

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This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Course location and department:

This is what the university has told Ucas about the course. Use it to get a quick idea about what makes it unique compared to similar courses, elsewhere.

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Teaching Excellence Framework (TEF):

We've received this information from the Department for Education, via Ucas. This is how the university as a whole has been rated for its quality of teaching: gold silver or bronze. Note, not all universities have taken part in the TEF.

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This information comes from the National Student Survey, an annual student survey of final-year students. You can use this to see how satisfied students studying this subject area at this university, are (not the individual course).

This is the percentage of final-year students at this university who were "definitely" or "mostly" satisfied with their course. We've analysed this figure against other universities so you can see whether this is high, medium or low.

Have a question about this info? Learn more here

This information is from the Higher Education Statistics Agency (HESA), for undergraduate students only.

You can use this to get an idea of who you might share a lecture with and how they progressed in this subject, here. It's also worth comparing typical A-level subjects and grades students achieved with the current course entry requirements; similarities or differences here could indicate how flexible (or not) a university might be.

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Post-six month graduation stats:

This is from the Destinations of Leavers from Higher Education Survey, based on responses from graduates who studied the same subject area here.

It offers a snapshot of what grads went on to do six months later, what they were earning on average, and whether they felt their degree helped them obtain a 'graduate role'. We calculate a mean rating to indicate if this is high, medium or low compared to other universities.

Have a question about this info? Learn more here

Graduate field commentary:

The Higher Education Careers Services Unit have provided some further context for all graduates in this subject area, including details that numbers alone might not show

Have a question about this info? Learn more here

The Longitudinal Educational Outcomes dataset combines HRMC earnings data with student records from the Higher Education Statistics Agency.

While there are lots of factors at play when it comes to your future earnings, use this as a rough timeline of what graduates in this subject area were earning on average one, three and five years later. Can you see a steady increase in salary, or did grads need some experience under their belt before seeing a nice bump up in their pay packet?

Have a question about this info? Learn more here