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 2024-10-05 00:00:00
- Apply before 2024-08-31 00:00:00 , National
- Apply before 2024-06-29 00:00:00 , International

Language

English

IELTS

6

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TOEFL^® IBT

76

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Delivered

On Campus

Disciplines

Actuarial Science View 11 other PhDs in Actuarial Science in United Kingdom

Academic requirements

GPA

Required

English requirements

IELTS

6

Schedule an IELTS test!

TOEFL^® IBT

76

Interested in an IELTS preparation course? Get started here

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

17900 GBP/year

Tuition Fee

Based on the tuition of 17900 GBP per year during 60 months.
National

5900 GBP/year

Tuition Fee

Based on the tuition of 5900 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

Studyportals Student Grant Deadline: 30 June 2020

Apply and be among one of the 20 students to win €1000.

Studyportals Student Grant Deadline: 30 June 2020

Apply and be among one of the 20 students to win €1000.

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.

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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.

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