I. Introduction to the School

The School of Insurance and Economics (SIE) of University of International Business and Economics (UIBE) was established by merging the insurance departments of the former UIBE and China Academy of Financial Research, and is one of the earliest institutions in China to offer courses in insurance studies. It has been engaged in teaching and research work on insurance theory and practice since 1951. Over the past 60 years, it has carried forward the fine traditions of its predecessors, adhered to the concept of innovative development, and formed a culture of integrity, pragmatism, pioneering and enterprising, becoming one of the important intellectual resources for risk management, insurance, social security, theoretical economics research, knowledge dissemination and information exchange in China.

As one of the earliest institutions in China to offer insurance education, the SIE of UIBE has distinct characteristics, forming a large group of insurance disciplines with "risk management" as its core. It is a leading institution in comprehensive strength, has far-reaching international influence, and has accumulated profound teaching experience. It is a base for cultivating elite talents at various levels, including undergraduate, master, doctorate, and post-doctoral programs. The school has outstanding social services, participating in the formulation and revision of relevant policies in China. It is one of the important think tanks for teaching, research, and communication in the fields of risk management, insurance, actuarial science, social security, labor economics, asset allocation management, applied statistics, and even theoretical economics in China.

II. Educational Objectives

The SIE aims to cultivate highly skilled and versatile professionals with a broad academic background and solid foundation, who are capable of undertaking work in risk management and insurance, actuarial science and statistics, and social security management.

III. Educational Pathways

In order to achieve the educational objectives of this program, on one hand, the SIE will strengthen the integration and connection of interdisciplinary knowledge through the construction of a general education platform, laying a solid professional foundation for students' future careers. On the other hand, by means of experimental courses, bilingual courses, industry lectures, and social practices, the school will improve students' ability to analyze and solve practical problems as well as their language skills. In addition, through the reform of educational and teaching modes, contents, methods, and means, the school promotes research-oriented teaching and inquiry-based learning, encourages the integration of scientific research and teaching, and cultivates students' research interests and innovation awareness.

In the cultivation stage, students will first complete the university's general education courses and the college's basic professional courses; then enter the professional training phase of core courses; finally, they will complete diversified training by choosing personalized course modules. The elective courses for fundamental subject in this major are divided into three modules: "Academic," "Entrepreneurial" and "General". It is recommended that students with strong research interests and good research literacy and ability choose the "Academic" module; students who have keen insights into the industry, being familiar with market dynamics, and strong analysis and problem-solving skills choose the "Entrepreneurial" module; and other students are recommended to choose the "General" module.

a. Academic Module

It is recommended to take courses such as Risk Theory, Stochastic Mathematical Methods, Mathematical Economics, Pension Economics, Social Security Fund Management, Economic Schools of Thought, Special Topics on Contemporary Chinese Economy, Financial Time Series Analysis, Financial Engineering, International Trade, Risk Models, Statistical Analysis Software, Time Series Analysis, Statistical Modeling and Case Analysis, and Multivariate Statistical Analysis.

b. Entrepreneurial Module

It is recommended to take courses such as Insurance Accounting, Taxation Theory and Practice, Corporate Finance, Analysis of Corporate Financial Statements, E-commerce, Practical International Trade, Insurance Law, and Statistical Forecasting and Decision Making.

c. General Module

It is recommended to take courses such as Interest Theory, Survival Models, Actuarial Mathematics I, Actuarial Mathematics II, Actuarial Mathematics III, Non-life Actuarial Science, Financial Mathematics, Financial Economics, Corporate Finance, Financial Reporting, Probability Theory/Mathematical Statistics and Microeconomics.

IV. Prerequisites and Graduation Requirements on Courses

Prerequisites

Microeconomics, Advanced Mathematics (I, II) or Mathematical Analysis (I, II) (Labor and Social Security major (employee welfare and social security direction) accepts university mathematics courses) with more than 75 credits. Macroeconomics study is going on.

Graduation Requirements

Microeconomics, Advanced Mathematics (I, II) or Mathematical Analysis (I, II) with more than 75 credits, Macroeconomics study is going on.