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. School of Decision Sciences - Department of Computing - Department of Mathematics, Statistics and Insurance - Department of Supply Chain and Information Management 2019-2020 Facts and Figures • 1300+ undergraduate and postgraduate students • 1000+ graduates • 70+ teaching, research and administrative staff • secured $25+ million external grants • published 80+ academic journal papers • over 200 internships for students Programme Overview EMSC-INS launched by the Hang Seng University of Hong Kong is the first and only Executive Master course dedicated for the risk and insurance industry in Asia. It is created due to the rapidly emerging insurance industry needs in Hong Kong as well as the Greater Bay Area: • combine practice 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 help groom leaders in the insurance industry and society Career Development The Programme focuses on both theories and applications of risk management and insurance. Upon graduation, students are expected to: • possess global perspective and be able to take up 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, and 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   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 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 Program Advisory Committee Professor CHAN Wai Sum (Chairman) Professor, Department of Finance, The Chinese University of Hong Kong Mr. CHAN Wo Ping, Edwin (Member) Managing Director, AR Consultant Services (HK) Limited Ms. HUI Mei Ying, Carol (Member) Executive Director, Long Term Business, Insurance Authority Dr. POON Sun Cheong, Patrick, SBS (Member) Chairman, Harvest SCP Group Company Limited Chairman, Shing Cheong Charitable Foundation Limited; Ms. WAN Yuen Wai, Sally (Member) Chief Executive Officer AXA Hong Kong and Macau   School of Decision Sciences Department of Mathematics, Statistics and Insurance Academic Faculty Derrick FUNG, PhD (CUHK), FSA (SOA), CERA (SOA) Programme Director, Assistant Professor Insurance Regulation, Risk Management, Corporate Finance for Insurers Lawrence LEE, MBA (CUHK), ACII, FLMI, Fellow (HKCIP) Associate Programme Director (External), Professor (Practice) General Insurance, Professional Indemnity, Risk Management Michelle WU, MSc (SCUT), MSc (Iowa), FSA (SOA) Associate Programme Director (Internal), Senior Lecturer Medical Insurance, Financial Reporting, Insurance 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 Becky LEE, PhD (Waterloo), ASA (SOA) Associate Professor Risk Theory, Stochastic Models for Insurance and Finance Carisa YU, PhD (PolyUHK), CStat (RSS) Associate Professor Asset Management, Risk Management, Financial Optimization Kevin YUEN, PhD (HKU), ASA (SOA) Associate Professor Risk Management, Actuarial Science, Financial Economics Benson LAM, PhD (CityUHK) Assistant Professor Machine Learning, Computer Vision, Text Mining Kent LIU, PhD (PolyUHK) Assistant Professor Machine Learning, Survival Analysis Guo LUO, PhD (Ohio State) Assistant Professor Scientific Computing, Actuarial/Insurance Modeling, Financial Mathematics Timothy NG, PhD (CUHK) Assistant Professor Time Series Analysis, Variable Selection, Composite Likelihood Methods, Stochastic Calculus, Option Pricing Theory 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 William LIU, PhD (Rochester) Lecturer Differential Geometry, Mathematical Physics Elaine MO, MSc (CUHK) Lecturer Censored Data, Order Statistics Teachers/Guest Speakers from Industry 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 Jacky CHAU ; MBA (Deakin), ALU, CIM, ICA, LOMA Head of Underwriting and Claims Generali Life (Hong Kong) Ltd. Kevin CHOR ; BCom & BA (Melbourne), AIAA Chief Life and Market Development Officer AXA Hong Kong and Macau Cathy LIN; MS (Wisconsin–Madison), FSA Former Chief Actuary Generali Life (Hong Kong) Ltd. 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 Carole ZHU ; MBA (CUHK) Head of Human Resources, BNP Paribas Cardif 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 Modes of Study Full Time (1 year) Part Time (2 years) Class Schedule 2021/22 academic year Full Time (1 year) Modules to be studied in each semester: 4 modules Class schedule: Every Saturday and Sunday （12 hours per week） Part Time (2 years) Modules to be studied in each semester: 2 modules Class schedule: Every Saturday or Sunday （6 hours per week） 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. 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, he/she needs to fulfil one of the following English language proficiency requirements: TOEFL ≥ 79 (internet-based), ≥ 213 (computer-based), ≥ 550 (paper-based) ; IELTS ≥ 6.0 ; CET 6 ≥ 430; or TEM-4 ≥ 70 Tuition Fee (Academic Year 2021/22) 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) Deposit Payment 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.   Student Testimonial EMSC-INS is an in-depth learning journey that exposes me to insurance ecosystems, current market challenges and the industry's competitive dynamics. It also provides an enriching platform for me to directly learn from business leaders who offer their perspectives and experiences in class. Through this program, I am continuously developing crucial and practical skills that are necessary to contribute further to the advancement of the insurance industry as a whole. RANDELL ARANZA Customer Care Manager AXA Hong Kong and Macau I thoroughly enjoy my time studying in the EMSC-INS course in HSU. This course provides me with the opportunity to connect with peers from diverse insurance backgrounds. The small class size environment enables us to build strong bonds and take full advantage of the dynamic learning experience despite the pandemic situation. The program coordinator is very supportive and always tries her best to help us in every aspect. The practical knowledge brought by the teaching professors who had been industry veterans has undoubtedly enriched our learning experience and our insights into the industry itself. Agnes LAU Head of Partnership AXA General Insurance Hong Kong Limited EMSC-INS not only involves the transmission of theoretical knowledge, but also the analysis and application of actual cases in the insurance industry. It can truly enable me to learn a wealth of knowledge, and at the same time I am benefited from the rich and diversified learning methods from this programme. In addition to imparting professional knowledge to us, the professor also invited many industry elites to share their own successful stories and work experience with us, so that we can understand more about the meaning of this programme as well as its importance towards our career in the future. Moreover, the students are all elites from all fields of the insurance industry, and the teachers here are very welcome to help students solve various difficulties encountered in their studies. In addition, Hong Kong has IANG visa arrangement which allows us to choose whether to stay in Hong Kong or return to the Mainland for further development after graduation. If you come from the mainland and have similar background like me, trust me, this is a school you will like. Meggie TAN Senior Regional Manager Prudential Hong Kong Limited Admission Admissions are open for 2021 intake Applications should be submitted online through Postgraduate Admission System. https://registration.hsu.edu.hk/pga/ Enquiry Email: emsi@hsu.edu.hk Tel.: (852) 39635632 Website: https;//emsi.hsu.edu.hk/ Facebook: @hsuhkemscins Linkedin: 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 至 31/8/2023 The Hang Seng University of Hong Kong is incorporated in Hong Kong with limited liability by guarantee. Information updated as of January 2021.