Finance(Actuarial Science and Risk Management )
University of International Business and Economics
Basic Information
Degree: Master
Starting Date:
Please be subject to the starting date on admission letter you got, since the starting date may change.
Sep 1 , 2024
Duration: 2 Years
Teaching Language: English
Tuition Fees: RMB 109,880 per Year
Application Deadline:
The deadline means the date of Beijing time. You are suggested to submit your application 3 or 5 days before the actual deadline so that you can have time for necessary changes on documents.
Jun 30 , 2024
Application Fee:
The application fee charged by the university, CUCAS only collect on their behalf.
USD 135 (Check Policy)
Service Fee:
For the service CUCAS provide to you. If you get a scholarship while applying as a self-financed applicant, you need to pay another scholarship service fee of 200 USD.
USD 54 (Check Policy)
Program Description

1. Major name and Introduction

Finance (Risk Management and Actuarial Science)

To train for solid basic economics knowledge, to master insurance basic theory, basic knowledge and basic skills and methods, to understand the economic, financial, management and other related knowledge, to be competency at Chinese or foreign insurance institutions, all levels insurance supervision and social security departments, financial institutions, large and medium-sized enterprise’s financial and risk management departments.

2. Core Curriculum

International Risk Management and Insurance

Insurance Economic Analysis

Actuarial Mathematics and Risk model

Social Insurance Theory and policy

Applied Stochastic Processes

Life and Health Insurance Theory and Practice

Employee Welfare

Responsibility and Credit

Reinsurance Theory and Practice

Marine Insurance Theory and Practice

Insurance frontier research

Enterprise Risk Management

Labor Economics

Personal Finance

Micro econometrics

Health Economics

Property Risk Management and Insurance

Insurance Company Financial Management

Insurance Law Project

3. Advantages and Employment

The School of Insurance and Economics at University of International Business and Economics is in the best development period of history. The school has got praise from home or abroad scholars and industry by graduate students with high quality of teaching, scientific research, social service and school prestige. The Insurance and Risk Management department becomes the second top in the nation.

The school attaches importance to the culturing and employment guidance of students from scientific and reasonable setting up specialized courses and actively providing employment conditions and opportunities. Meanwhile, the quality of graduate student gets high praise by employers. In recent years, the rate, as high as 95% above, and quality of employment are reaching a higher level and in the forefront of the entire schools’ employment in the University. The employer includes insurance companies, insurance brokerage companies, banks, other financial institutions and large energy or automobile enterprises.  

With the progress of economic and social, the demand of the graduate students from the School will be higher. The major, “Insurance and Risk Management”, has been listed as the most popular and promising major by numerous overseas institutions.

The undergraduate student, AZIZ ABDULKARIM MUSIP ALZAHRANI in the first graduation, successfully got finance master offer and won the highest scholarship from Beijing city. BAKYTZHAN GALINOV, coming from Kazakhstan, got job position in Kazakhstan national natural gas Company.

4. Highlights

The internationalization of distinctive feature

The school has a good and overseas studied teacher team whose doctoral rate is above 95%. There are numerous well-known scholars and societies as part-time professor in the school. Cooperation has been built with the University of Pennsylvania (U.S.A.), Kent University (U.K.), Malaysia and many foreign famous universities. Meanwhile, a complete international curriculum system has been set by referring original version textbooks and realizing the bilingual and the whole English teaching.

Communications

The School provides foreign students high quality management and service, establishing “one for one” pair study system, setting special characteristics classroom where foreign students can study and discuss works with Chinese students

Development and Employment Platform

There are a lot of cooperation established between the school and home or abroad institutions, various professional practice bases, good platform and channel for students’ practice and employment. In addition, the school and IAESTE, the world’s largest non-profit, non-governmental, international students practice organization, have established transnational practice base which will provide paid practice opportunity to improve students’ practical ability.

Academic Calendar

  • Fall Semester: the beginning of September to next January
  • Spring Semester: the beginning of March to the beginning of July
  • Summer Vacation: the beginning of July to the end of August

Note:

RMB 109,880/2 years (RMB 2,680/per credit)

(RMB 60,000 for the first semester)

(RMB 49,880 for the second semester)

You need to pay all tuition fee in the first year.

If you fail in graduation thesis, you need to pay more tuition fee.

 

Entry Requirements

  • Non-Chinese citizens who have obtained a bachelor's degree or above, and hold a valid foreign passport.
  • Age between 18 and 35.
  • A copy of TOEFL result above 86, or IELTS above 6.0, Or equivalent proof of English proficiency recognized by UIBE.

Fee Structure

Tuition Fee
Master RMB 109,880 pre year
RMB 219,760 in total (About $ 44,849)
Accommodation Fee
Huide Dorm (#0 building)
Double Room RMB 65  (More Details)
Huibin Dorm(#6 building)
Double Room RMB 50  (More Details)
Huicai Dorm (#5 building)
Double Room RMB 35  (More Details)
Other Fees
Application Fee:
The application fee charged by the university, CUCAS only collect on their behalf.
RMB 660
Service Fee:
For the service CUCAS provide to you. If you get a scholarship while applying as a self-financed applicant, you need to pay another scholarship service fee of 200 USD.
USD 54 (Check Policy)
Living Expense RMB 1,500 to RMB 2,000

Application Materials

"*" means necessary documents that you must provide in your application.

*1. Application Form

Please upload your finished application form here.

*2. Bank statement

For example: bank deposit certificate, the amount must exceed the tuition fee payable.

*3. No Criminal Record Commitment

You can download a template or sample from here.

*4. Bachelor degree diploma

Graduation certificate in languages other than Chinese or English should be translated into Chinese or English and be certified by notarization.

*5. English proficiency test certificate

A copy of TOEFL 86 above or IELTS 6.0 above for major offered in English.

*6. Passport photos

Two recent passport photos, white background, no hat

*7. Photocopy of valid passport

With name, passport number & expiration date, and photo included

*8. Undergraduate academic transcript

Academic transcript in languages other than Chinese or English should be translated into Chinese or English and be certified by notarization.

*9. Two letters of recommendation

Written in English from two respectable professors. including professors' contact no, email address and handwritten signature

*10. A copy of guarantor’s passport or ID

11. Supporting Documents: Certificate of Good Conduct

Provided by your current/previous school/company in Chinese/English to improve your success rate.

You can download a template or sample from here.

How to Apply
Pay Pay application fee and service fee online.
Get One-on-One Help Get professional one-on-one help until you are accepted.
Service

CUCAS Service

CUCAS provides best service in this industry to international students. Apply through CUCAS, you will enjoy:

• Free Online Consulting, response within one working day.
• Free access to Chinese university database, 20,000+ programs in 300+ top Chinese universities are available.
• Free and easy-to-use online application system, only need 20 minutes to complete application.
• Free accommodation booking.
• Free DHL delivery - fast arrival and guarantee to get admission package.
• Mostly get admission letter in 2 weeks.
• Free visa guide, per-departure guide and students handbook.
• Airport pick-up Service.
• Money Transfer Service.
• Chance to find alumni.
 
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