Sunway University and the Malaysian Insurance Institute (MII) has made it possible for students of the Bachelor of Science in Actuarial Studies to gain entry into the professional course - the Associateship of the Malaysian Insurance Institute (AMII) through an accelerated pathway in a recent Memorandum of Agreement (MoA) signing ceremony.
Sunway University deputy vice-chancellor Prof Pua Eng Chong sealed the deal with MII chairman Hashim Harun.
Also present were MII chief executive officer Datuk Syed Moheeb Syed Kamarulzaman, Bank Negara Malaysia director of insurance development Yoon Yew Khuen and Sunway University Centre for Actuarial Studies head Prof Ho Chee Kit.
“Sunway University is the first private higher education institution to tie-up with MII in a bid to provide actuarial studies students an accelerated pathway with the most number of paper exemptions given in obtaining the AMII qualification,” said Prof Ho.
Syed Moheeb thanked Sunway University for the collaboration which he believed will definitely add value to the university and hopes to work with other faculties of the university in the future as well.
Under the agreement, Bachelor of Science in Actuarial Studies students are eligible for exemptions of up to 11 AMII modules (out of 14 AMII modules), with the possibility of completing the remaining modules within the three-year degree programme.
This is an exclusive opportunity for the students to obtain a Bachelor’s Degree and professional qualification upon graduation.
Both parties also agreed to facilitate academic and research cooperation between the parties based on the principles of mutual benefit and work together on joint training and competency building, educational, cultural and research activities.
Sunway University and MII will also engage in seminars and industrial meetings.
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