Zhejiang Gongshang University
Financial Statistics, Risk Management and Insurance Actuarial
MasterProgram Objectives
The primary objective of the Master- Finance and Insurance Program is to cultivate seniors those are suitable for international finance and insurance market development, able to master the basic knowledge and skills of Finance and insurance and the practice of Finance and insurance, able to adapt to the bank, insurance, securities and other positions of senior financial and insurance professionals.
Program Requirements
The basic requirements include
(1) to build solid theoretical base, systematic knowledge & knowledge framework, and the ability to undertake research work;
(2) to acquire excellent practical skills, be able to use modern finance, insurance, statistics and related field of expertise to solve practical problems.
Main courses
Degree Courses: Outline of China, Chinese Language.
Compulsory Courses: Statistics, Probability Theory, An Introduction to Insurance, Foundations of Finance.
Elective courses: Life Insurance, Non-Life Insurance, Life and Health Insurance, Applied Regression Analysis, Financial Risks Management, Data Analysis, Statistical Software.
Faculty
Our faculty with 25 qualified teachers is outstanding, including9 professors and 15 associate professors, most of them have overseas experience. Of all members, one teacher obtained his PhD in Indiana University, and one teacher get a postdoctoral fellow at Cornell University in USA. These teacher scan teach in English. They not only have ample experience in teaching, but are also good at doing research to support teaching.
Length of Study
2.5 years
Required Credits
30 credits are required
Certificate of Graduation and Degree
Qualified students will be granted certificates of graduation and Master Degree of Economics.
Instruction Language
■ All the courses are delivered in English except some of Chinese language courses.
■ Dissertation is required to be written in English
Qualifications:
1. High school diploma and above.
2. Non-Chinese citizens who hold a foreign passport and comply with the relevant regulations set by the “Document No. 12 (2020) of Ministry of Education of the PRC ".
3. Physically and mentally healthy.
4. Applicants under 18 years old (Per September) should provide a letter of guarantee for their guardian in China (notarization required).
Application Documents:
1. Scan passport: Front page and Endorsement page (page 3/4, if there is an addition or change of name). (bit.ly/ContohPassport) (bit.ly/ContohEndorsement)
2. Recent passport size photo, with the following format: Recent full-faced passport size photo (the head occupies 70% of the size of the photo); the aspect ratio is 4:3; white background without borders; the size is 100-500KB (*.jpg,*.jpeg). (bit.ly/ContohPhoto)
3. Language Certificates
- English Taught: IELTS with an overall score of 5.5/6.0 or TOEFL IBT 85 (different for each university)
- Chinese Taught: HSK 4-6 (levels and minimum scores are different for each major and university)
4. High school diploma (for bachelor degree) and Bachelor or Master diploma (for master and doctoral degree), hasn’t graduated students should provide an official statement from your high school or university as proof of graduation (Pre-Graduation Statement). (bit.ly/PreGraduationLetter)
5. High school transcripts (for bachelor degree) and university transcripts (for master and doctoral degree), page sorted in 1 file. Please contact the school to get ‘1 sheet’ kinds of transcripts. (bit.ly/ContohOnePageTranscript)
6. 2 (two) recommendation letters from your teachers in high school (for bachelor degree) and two university professors (for master and doctoral degrees) along with letterhead and stamp from the school. Please also include the email and phone number of recommenders.
7. Study Plan / Personal Statement, approximately 800 words (English/Mandarin) and must be signed with a clear name. You could check general personal statement points grid here (bit.ly/PoinPersonalStatement)
8. Additional requirements that apply vary from university to university, for example:
- Entrance Examination / Interview.
- Financial Statement (from Bank).
- Certificate of No Criminal Record (SKCK) from the Local Indonesian Police. (bit.ly/ContohSKCK)
- Medical Check Up Report. (bit.ly/SayaratPengisianForm) (bit.ly/PhysicalExaminationForm)
Note:
- Documents number 4-6 above, MUST be translated into English / Mandarin, and legalized by the school or you could use the services of a sworn translator.
- Please neatly SCAN each file in pdf format, the size must not be more than 1 MB (except the passport photo must comply with the requirements above), then upload everything to the system at www.greatwall.co.id.