Insurance (Pension Finance)

Insurance (Pension Finance)

I. Program Objectives

This program responds to the global trend of digital and intelligent transformation in the insurance industry and to the national strategic need to address population ageing and improve the pension security system. Through deep cooperation with financial institutions and fintech companies and jointly developed curricula and training bases, it cultivates high-quality interdisciplinary insurance professionals who are well developed morally, intellectually, physically, aesthetically and in labour, with solid theoretical foundations and outstanding professional competence. Students will systematically master core knowledge and methods in risk management and insurance, quantitative financial analysis, and artificial intelligence and big data modeling, and develop comprehensive practical abilities in insurance and pension finance product design, pension asset allocation, investment management and the application of quantitative tools. Students will also develop a strong sense of social responsibility, solid professional grounding and sound physical and mental qualities, together with continuous learning ability and an international perspective, adapting to the trend of interdisciplinary integration. Graduates may work in insurance and pension finance product development, operations management, asset allocation and risk management at insurance companies, commercial banks, securities firms and other financial institutions, enterprises and public institutions, and government departments responsible for financial regulation and social security.

The specific program objectives are as follows:

Objective 1: Firm political stance and conscious social responsibility. Establish a firm political consciousness, uphold the leadership of the Party, and thoroughly understand the major national policies on insurance and pension finance development, applying socialist core values in professional practice. Strictly follow industry regulations and professional ethics and effectively protect client rights and interests, while consciously assuming social responsibility and actively serving the implementation of national strategies and the improvement of social welfare.

Objective 2: Complete knowledge system and excellent professional competence. Possess a systematic and comprehensive body of insurance and pension finance knowledge, master relevant theories, methods, policies and regulations, and be able to use mathematics, statistics and information technology to conduct business analysis and support decision-making. Possess a solid professional foundation and practical ability to meet the requirements of interdisciplinary positions in insurance and pension finance.

Objective 3: Efficient teamwork and healthy physical and mental development. Communicate and collaborate efficiently in teams, coordinate resources to complete insurance and pension finance projects and research tasks, and be able to drive teams towards their goals; possess sound psychological and physical qualities, respond positively to industry challenges and maintain an optimistic and enterprising attitude.

Objective 4: Continuous self-development and strengthened innovative thinking. Proactively learn new knowledge, technologies and methods and continuously broaden professional horizons and overall competence; possess innovative and critical thinking and a problem-oriented mindset; identify new needs, risks and scenarios in insurance and pension finance practice and propose feasible and forward-looking solutions; develop pension insurance and pension finance products that meet the needs of different groups, use artificial intelligence to optimize risk identification models, and improve precise customer pricing and service plans based on big data analysis, thereby promoting product, service and management innovation in insurance and pension finance.

Objective 5: Outstanding international perspective and service to regional development. Possess a broad international perspective and be able to understand and grasp development trends and policy environments in global insurance and pension finance markets; participate effectively in international exchange and cooperation projects and promote the regional application of advanced experience and technologies; design and implement insurance and pension finance solutions suited to regional realities and needs, thereby promoting sustainable regional development and the improvement of the social security system.

II. Graduation Requirements

In line with the above objectives, graduates of this program are required to meet the following graduation requirements covering knowledge, abilities and qualities:

Requirement 1: Value guidance and professional ethics. Support the leadership of the Communist Party of China, firmly follow the path of socialism with Chinese characteristics, and possess firm ideals and a high degree of political identification; proactively follow national development strategies, think deeply about and explore frontier issues in the digital transformation of insurance and the development of pension finance, and strengthen cultural and industry confidence; possess sound moral character and professional conduct, be honest and trustworthy, respect others, observe social morality, and demonstrate a sense of responsibility and mission in serving society.

Requirement 2: Interdisciplinary knowledge system. Systematically master the core theories and analytical methods of insurance and pension finance, possess solid instrumental knowledge in mathematics, statistics and information technology, and be able to apply big data analysis and quantitative finance to solve practical problems in insurance and pension finance; understand relevant humanities and social science knowledge such as sociology, ethics and law, and comprehensively understand and address professional issues from a multidisciplinary perspective.

Requirement 3: Professional practice and application capability. Be able to apply multidisciplinary knowledge to analyse the operating mechanisms and development trends of insurance and pension finance markets, and possess the ability to design insurance and pension finance products and asset allocation plans; with the support of economics and management experimental teaching platforms, master key applied technologies in insurance and pension finance scenarios such as intelligent algorithms and risk early warning; continuously improve practical skills such as pension risk management through industry-education integration projects, achieving deep integration of theory and practice.

Requirement 4: Systematic thinking and innovative capacity. Be able to apply systematic thinking to comprehensively analyse multidimensional factors in insurance and pension finance, identify the intrinsic links among business, technology, policy and customer needs, and propose comprehensive and feasible decision options; possess innovative and critical thinking and independent judgment, and be able to analyse complex problems in depth based on data, evidence and logic, identify new problems, propose new ideas and design new solutions; combine emerging technologies such as artificial intelligence, big data and blockchain to explore innovative applications in insurance and pension finance products, service models and risk management tools, and adapt to the requirements of continuous industry development and technological change.

Requirement 5: Information technology application and data analysis capability. Be proficient in and flexibly apply information technology tools and data analysis methods, and be competent in the collection, cleaning, modeling, visualization and analysis of insurance and pension finance data; possess the ability to use programming languages for financial modeling and algorithm development, and use databases, statistical software and big data platforms for risk assessment, customer profiling, product pricing and actuarial analysis; understand the application logic and implementation paths of emerging technologies such as artificial intelligence and blockchainin insurance and pension finance scenarios, and enhance the overall ability to empower business innovation with technology.

Requirement 6: Communication, expression and teamwork. Be proficient in professional expression and exchange in both Chinese and English, with sound written and oral communication skills; communicate effectively in teams, coordinate division of work, understand diverse perspectives and promote collaboration, and be able to complete project tasks and solve complex problems in diverse environments.

Requirement 7: International perspective and awareness of regional service. Follow global trends and policy developments in insurance and pension finance, and understand typical practices in pension security, risk management and insurance technology in different countries and regions; grounded in national strategies and regional development needs, pay attention to local pension issues and differences in financial services, actively participate in building regional pension security systems, promoting inclusive insurance and innovating age-friendly financial services, and serve local economic and social development.

Requirement 8: Lifelong learning and professional competitiveness. Possess the awareness of proactive learning and continuous self-improvement, keep abreast of new theories, technologies and policies in insurance and pension finance, and continuously expand professional knowledge and skills; adapt quickly to industry changes and technological innovation and respond flexibly to complex and changing professional environments; possess sound career planning ability and development potential, effectively integrate resources and enhance personal competitiveness.

Requirement 9: Social responsibility and humanistic care. Possess a high sense of social responsibility and pay attention to social equity and the protection of the rights of vulnerable groups; demonstrate humanistic care in insurance and pension finance practice and emphasize service quality and ethical norms; attend to the real needs of older people and their families, promote human-centred design of pension finance products and services, and help build a fair, inclusive and sustainable social security system.

III. Matrix of Program Objectives and Graduation Requirements

Note: The relationship between graduation requirements and program objectives is indicated by H (high), M (medium) and L (weak). Support strength refers to how closely a graduation requirement is linked to a program objective: H covers at least 80%, M at least 50% and L at least 30%.

IV. Core Courses

Insurance; Life Insurance; Property Insurance; Actuarial Science; Introduction to Digital Insurance; Introduction to Pension Finance; Pension Finance Regulations and Policies; Financial Risk Management; Big Data Credit Reporting; Financial Econometrics

V. Standard Duration of Study

The standard duration of undergraduate study is 4 years, with a flexible 3-7 year system.

VI. Degree Awarded

Bachelor of Economics

VII. Curriculum Structure and Credit Proportions

The program consists of three modules: general education courses, discipline foundation courses and major courses. Courses are divided into compulsory and elective categories, with compulsory courses including general education compulsory courses, discipline foundation courses and major compulsory courses, and electives including general education electives and major electives. The laboratory components of some courses are delivered in cooperation with enterprises such as EduchainX and Zhongke Intelligent. The program requires a total of 155 credits, of which 127 credits are compulsory (81.9%), 28 credits are elective (18.1%), and 37.125 credits are for practical teaching (22.5%).

VIII. Course Requirements

Students majoring in this program must complete 155 credits (excluding co-curricularcredits): 55 credits of general education compulsory courses, 10 credits of general education electives, 34 credits of discipline foundation courses, 38 credits of major compulsory courses and 18 credits of major electives. In addition, except for students from Hong Kong, Macao and Taiwan, each student must obtain 10 co-curricularcredits, as specified in the Implementation Measures for the Co-curricularTranscript System of Guangdong University of Finance and Economics (Yue Cai Da [2026] No. 75).

Students minoring in this program must take all courses applicable to the minor as set out in the Teaching Plan Schedule. The minor requires a total of 46 credits, including 18 credits of discipline foundation courses and 28 credits of major compulsory courses.

Under the National Student Physical Health Standard of the Ministry of Education, students must pass the physical health test to graduate. As required by higher authorities, students must complete military training before graduation (except international students, students from Hong Kong, Macao and Taiwan, and students upgrading from junior college to undergraduate programs).