Overview

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.

Your future after the PhD Actuarial Science from University of Essex

It has been predicted by the US Department of Labor that the employment of actuaries is expected to grow faster than any other occupation, making it a great prospect for a graduate job.

Aside from a rewarding career as an actuary (actuaries are in the top ten jobs for 2016, careercast.com), clear thinkers are required in every profession, so the successful mathematician has an extensive choice of potential careers. The Council for Mathematical Sciences offers further information on careers in mathematics.

Programme Structure

Example structure

Dissertation
Bayesian Computational Statistics
Contingencies
Statistical Methods
Stochastic Processes
Financial Derivatives
Survival Analysis

Key information

Duration

Full-time
- 60 months

Start dates & application deadlines

Starting 2025-10-03 00:00:00
- Apply before 2025-07-01 00:00:00 , International
- Apply before 2025-09-02 00:00:00 , National

Language

English

IELTS

6

Schedule an IELTS test!

TOEFL^® IBT

76

Pass IELTS with Swoosh English! Sign up for a free writing masterclass or claim your exclusive 25% Studyportals discount and accelerate your preparation by taking a course designed by experts to get you the results you need.

Delivered

On Campus

Disciplines

Actuarial Science View 9 other PhDs in Actuarial Science in United Kingdom

Academic requirements

GPA

Required

English requirements

IELTS

6

Schedule an IELTS test!

TOEFL^® IBT

76

Pass IELTS with Swoosh English! Sign up for a free writing masterclass or claim your exclusive 25% Studyportals discount and accelerate your preparation by taking a course designed by experts to get you the results you need.

Student insurance

Make sure to cover your health, travel, and stay while studying abroad. Even global coverages can miss important items, so make sure your student insurance ticks all the following:

Additional medical costs (i.e. dental)
Repatriation, if something happens to you or your family
Liability
Home contents and baggage
Accidents
Legal aid

We partnered with Aon to provide you with the best affordable student insurance, for a carefree experience away from home.

Get your student insurance now

Starting from €0.53/day, free cancellation any time.

Remember, countries and universities may have specific insurance requirements. To learn more about how student insurance work at University of Essex and/or in United Kingdom, please visit Student Insurance Portal.

Other requirements

General requirements

A good honours degree in one of the following subjects: Mathematics, Actuarial Science, Statistics, Operational Research, Computer Science, Finance, Economics, Business Engineering.
Our four year integrated PhD, allows you to spend your first year studying at Masters level in order to develop the necessary knowledge and skills and to start your independent research in year two.

Tuition Fee

To always see correct tuition fees

International

18750 GBP/year

Tuition Fee

Based on the tuition of 18750 GBP per year during 60 months.
National

4786 GBP/year

Tuition Fee

Based on the tuition of 4786 GBP per year during 60 months.

Living costs for Colchester

660 - 1140 GBP /month

Living costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

Funding

In order for us to give you accurate scholarship information, we ask that you please confirm a few details and create an account with us.

Loading

Scholarships Information

Below you will find PhD's scholarship opportunities for Actuarial Science.

Available Scholarships

You are eligible to apply for these scholarships but a selection process will still be applied by the provider.

About