Executive Master of Science in Insurance (EMSC-INS) 行政人員保險理學碩士 EMSC-INS is recognized as Qualified CPD Activity under the CPD requirements of the Insurance Authority Programme Overview EMSC-INS is the first executive masterʼs degree programme in insurance in Hong Kong: •combine practical knowledge with theories and principles in insurance •introduce risk management concepts in insurance and their applications •equip students with advanced knowledge and skills in managing insurance business •provide whole-person development and helps groom future leaders in the insurance industry and society Career The Programme focuses on both theory and applications of risk management and insurance. Upon graduation, students are expected to: •possess global perspective and be able to take on senior management roles in the fields related to risk management and insurance •become highly skilled risk management specialists •be able to develop and drive strategies on revenue growth, client distinctive value, operational excellence, talent development for the insurance industry •vigorously lead on innovation of new risk management and insurance product and solutions, including exploitation and use of cutting-edge technology Class Schedule For 2020/21 academic year, two modules would be offered in each semester. Six-hour classes will be scheduled on every Saturday. From Our Advisors “EMSC-INS programme would undoubtedly be much in demand. I join all others in applauding the efforts in its establishment. I believe that the industry as well as the University are excited to witness its launch and continuous contributions to talents development for the insurance industry.” Dr Moses CHENG, GBM, GBS, OBE, JP Chairman HSUHK Council and Insurance Authority “EMSC-INS programme brings together the most up-to-date theory and practice for the insurance industry executives. Graduates would meet the demand of high quality professionals in the fast developing Insurance industry. I strongly recommend this programme to all insurance executives.” Dr Patrick POON, SBS Chairman Harvest SCP Group Company Limited and Sing Cheong Charitable Foundation Limited “EMSC-INS programme mixes theoretical knowledge and practice experiences provided by top class academics and experienced insurance practitioners. The program aims to enhance technical knowledge, both locally and regionally, of the students.” Mr Edwin CHAN Managing Director AR Consultant Services (Hong Kong) Limited Adjunct Faculty Andrew BELLERS LLB (UCL) Former General Counsel Asia Pacific Aon Corporation Benjamin CHANG MBA (CityU Macau), ACII Former Regional Managing Director Aon Global Client Network, Asia Region Wilson CHEUNG DBA, LLM (CityUHK), FCII, FCIP, CPCU Director Technic Essential Limited Kevin CHOR BCom & BA (Melbourne), AIAA Chief Life and Market Development Officer AXA China Region Insurance Company Limited Tony LEE PhD (TSU), LLM (Wolverhampton), Fellow CIP, FLMI Chief Business Officer Marsh & McLennan Insurance Services Limited Arnold LEUNG BSS (CUHK), FAIQ Chief Executive & Director Mutual Power Wealth Management Limited Milton LO MBA (Deakin), Fellow CIP General Manager, Marketing Department China Pacific Insurance Company (Hong Kong) Limited Sally WAN BCom (UNSW), CPAA Chief Executive Officer AXA China Region Insurance Company Limited Karsen WONG DBA (Newcastle), ACII Head of Underwriting & Reinsurance Asia-Pacific Property & Casualty Insurance Company Limited Kevin WONG MSc (UCD), FCII, FLMI Senior Manager, Underwriting China Pacific Insurance Company (Hong Kong) Limited School of Decision Sciences Department of Mathematics, Statistics and Insurance Academic Faculty Derrick FUNG; PhD (CUHK), FSA, CERA (Society of Actuaries) Programme Director, Assistant Professor Insurance Regulation, Risk Management, Corporate Finance for Insurers Lawrence LEE; MBA (CUHK), ACII, FLMI, Fellow CIP Associate Programme Director (External), Professor (Practice) General Insurance, Professional Indemnity, Risk Management Michelle WU; MSc (SCUT), MSc (Iowa), FSA (Society of Actuaries) Associate Programme Director (External), Professor (Practice) General Insurance, Professional Indemnity, Risk Management Man Lai TANG; PhD (UCLA) Professor Categorical Data Statistical Analysis, Quantile Regression Analysis Siu Kai CHOY; PhD (HKBU) Associate Professor Pattern Recognition, Image Processing Carisa Yu; PhD (PolyUHK), CStat (RSS) Associate Professor Asset Management, Risk Management, Financial Optimization Kevin YUEN; PhD (HKU), ASA (Society of Actuaries) Associate Professor Risk Management, Actuarial Science, Financial Economics Benson LAM; PhD (CityUHK) Assistant Professor Machine Learning, Computer Vision, Text Mining Becky LEE; PhD (Waterloo), ASA (Society of Actuaries) Assistant Professor Risk Theory, Stochastic Models for Insurance and Finance Kent LIU; PhD (PolyUHK) Assistant Professor Machine Learning, Survival Analysis Tom NG; PhD (CUHK) Assistant Professor Change-point Analysis, Bootstrap Resampling, Time Series Chi Chung SIU; PhD (TMU) Assistant Professor Stochastic Control, Actuarial Mathematics, Financial Mathematics Jacky LEUNG; PhD (HKBU) Senior Lecturer Image Processing, Super-resolution Image Reconstruction Stanley ZEL; MStat (HKU) Senior Lecturer Numerical Analysis, Computational Mathematics William LIU; PhD (Rochester) Lecturer Differential Geometry, Mathematical Physics Elaine MO; MSc (CUHK) Lecturer Censored Data, Order Statistics Programme Curriculum Core Modules Regulatory Practice, Compliance, and Business Ethics Integrative Research Project Advanced Quantitative Methods for Insurance Risk Management in Insurance: Theory and Application in Risk Identification and Reduction Risk Management in Insurance: Theory and Application in Risk Transfer Major Elective Modules* *Select 3 from 4 modules Management and Marketing in Insurance Advanced Concepts in Life and Health Insurance Operations Advanced Concepts in General Insurance Operations Investment and Financial Analysis in Insurance Admission Requirements 1. A bachelorʼs degree from a recognized university or equivalent*; and 2. A minimum of five yearsʼ relevant work experience. *If the applicant’s bachelor’s degree was not obtained from a university/ tertiary institution where English is the medium of instruction, s/he needs to fulfil one of the following English language proficiency requirements: TOEFL≥ 550 (paper-based), ≥ 213 (computer-based), ≥ 79 (internet-based); IELTS ≥ 6.5; CET 6 ≥ 430; or TEM-4 ≥ 70 Medium of Instruction English Modes of Study Full Time (1 year) Part Time (2 years) Graduation Requirements To be eligible for the award of the Executive Master of Science in Insurance, students are required to: 1. complete and obtain a Grade D or above on at least 24 credits (8 modules), including five core modules and three major elective modules; and 2. obtain a minimum cumulative GPA of 2.0. Tuition Fee (Academic Year 2020/21) Local Student HK$300,000 (Total 24 Credits) HK$12,500 (per credit) Non-Local Student HK$375,000 (Total 24 Credits) HK$15,625 (per credit) The tuition fee covers the whole programme. Deposit payment is HK$75,000 (local applicant)/HK$93,750 (non-local applicant). All payments are non-refundable and non-transferable. Admission Applications should be submitted online through Postgraduate Admission System. https://registration.hsu.edu.hk/pga/ Admissions are open for 2020 intake Enquiry emsi@hsu.edu.hk (852) 3963-5507 https://emsi.hsu.edu.hk/ @hsuhkemscins EMSC-INS Programme Qualifications Framework Hong Kong Council for Accreditation of Academic and Vocational Qualifications (HKCAAVQ) Qualifications Register Qualification Framework Level: 6 Registration No.: 20/000380/L6 Validity Period: 1/9/2020 to 31/8/2023 The Hang Seng University of Hong Kong is incorporated in Hong Kong with limited liability by guarantee. Information updated as of July 2020.