Actuarial Science

Entry requirements

We will consider all applicants with 2:2 or above, or equivalent international qualifications. For some courses, there may be additional requirements which can be found on our website.

Months of entry

October

Course content

An Integrated PhD provides a route into research study if you do not have a Masters degree, or have very little research training. It enables you to spend your first year completing a Masters-level qualification, followed by a full-time PhD studied over 3-4 years. We also offer a ‘standard’ PhD in this subject which can be studied either full-time (3-4 years) or part-time (6-7 years). Actuaries provide assessments of financial security systems, with a focus on their complexity, their mathematics, and their mechanisms. Actuaries quantify the probability and manage the risk of future events in areas such as insurance, healthcare, pensions, investment, and banking and also in non-financial areas. The first year of our Integrated PhD Actuarial Science is based on the syllabus of the majority of the Core Technical subjects of the Institute and Faculty of Actuaries, so you’ll cover Core Technical subjects as part of your course (CT2 or CT3, depending on the optional module selected, CT4, CT5, CT6, and CT8). This focus on up-to-date research findings in actuarial methodologies and actuarial applications means that you gain a solid training in actuarial modelling and actuarial analysis. In your second year you move into the PhD element of the course. We have staff members available to act as supervisors across a number of areas such as; survival analysis, forensic economics, risk management, Islamic finance and takaful, asset-liability management for pension funds, predictability of financial time series, and performance evaluation of funds. All University of Essex research students have access to our innovative and unique scheme, Proficio. Postgraduate research students are automatically enrolled on Proficio, which provides a variety of training courses, and a fund of up to £2,500 per student for conference attendance and relevant external training courses.

Information for international students

Entry requirements - You can find international entry requirements for most countries on our webpage www.essex.ac.uk/international. If your country is not listed, please contact Postgraduate Admissions at pgadmit@essex.ac.uk.

Fees and funding

There are a wide range of funding options for postgraduate study, including scholarships, bursaries and alumni discounts. You can check your eligibility at https://www.essex.ac.uk/postgraduate/research/fees-and-funding.