Outstanding Risk and Insurance Management students at Lingnan University can receive HK$450,000 in scholarship to pursue master's degree in the UK
Lingnan University has recently established the “AR Charitable Foundation Scholarship Scheme” for Risk and Insurance Management (RIM) students with the generous donation of an earmarked amount of at least HK$10 million from AR Charitable Foundation Limited. RIM undergraduate awardees may receive partial or full coverage of tuition and hostel fees. Second year students will each receive HK$20,000 while third and fourth year students some HK$50,000 in scholarship. Final year RIM students who are admitted to the Master of Science in Insurance or related programmes of CASS Business School, City University London, will receive up to HK$450,000. If a student manages to keep up excellent academic performance from his/her second to fourth year of study, he/she may receive more than HK$570,000 in scholarship.
As one of the most comprehensive scholarship schemes for RIM students in Hong Kong, the AR Charitable Foundation Scholarship Scheme was launched at the University Club of Lingnan University yesterday (24 April). The scheme covers a period of eight consecutive academic years starting from 2013/14, providing financial support for Lingnan students to pursue the BBA (Hons) in Risk and Insurance Management Programme and go on to study the Master in Science Programme in Insurance (or RIM or financial services) at CASS Business School, City University London. It is designed to cultivate young talent for the insurance industry and includes internship and mentorship opportunities. Four students have been awarded the AR Charitable Foundation Scholarship this year, namely second year students Jessica Law Ting-yuk, Tsui Wai-shing and Wong King-chun, as well as third year student Cheryl Lee Cheuk-tung.
“Many people have the notion that working in the insurance industry means being an agent to sell policies. Having worked as an intern in an insurance company last summer, I came to realise that insurance-related work covers a lot more than that,” said Cheryl Lee, the Year-three awardee. “Insurance is one of the fastest-growing financial services in Hong Kong. With an increasing demand for corporate and management talent, there are plenty of opportunities for career development.” There are now more than 90,000 people working in the insurance industry of Hong Kong. In 2012, the insurance industry contributed 12% of Hong Kong’s GDP. Moreover, today the Hong Kong Government gazetted the Insurance Companies (Amendment) Bill to establish a legal framework for the regulator, Insurance Authority, which is expected to be established next year the earliest to enhance regulation of the insurance industry.
In his thank-you speech, President Leonard K Cheng said Lingnan would do its best to ensure the distinctive academic quality and competitive edge of the RIM programme, and promote the AR Charitable Foundation Scholarship Scheme to prospective students in the secondary schools, “By paying extra promotional effort on the scholarship scheme, we hope to attract outstanding secondary students who aspire to work in the insurance field to enrol in our RIM programme. With the support of AR Charitable Foundation and all the professional bodies of the insurance industry, I have full confidence that Lingnan will succeed in bringing the academic excellence of the RIM programme to new heights.”
Please go to http://www.ln.edu.hk/news/20140424/AR_Scholarship to download photos.
About Lingnan University’s Risk and Insurance Management Stream
The Risk and Insurance Management Stream equips students with fundamental knowledge in insurance and risk management that meets the needs of the banking and insurance industry, as well as general business management. Our graduates are well prepared for managerial positions in insurance companies, banks, and related financial institutions, such as insurance underwriters, claim officers, bankers, insurance product developers, insurance brokers, insurance and financial instrument executives and non-insurance-related administrators. For more information about the programme, please go to: http://www.ln.edu.hk/fin_ins/programmes.html
As one of the most comprehensive scholarship schemes for RIM students in Hong Kong, the AR Charitable Foundation Scholarship Scheme was launched at the University Club of Lingnan University yesterday (24 April). The scheme covers a period of eight consecutive academic years starting from 2013/14, providing financial support for Lingnan students to pursue the BBA (Hons) in Risk and Insurance Management Programme and go on to study the Master in Science Programme in Insurance (or RIM or financial services) at CASS Business School, City University London. It is designed to cultivate young talent for the insurance industry and includes internship and mentorship opportunities. Four students have been awarded the AR Charitable Foundation Scholarship this year, namely second year students Jessica Law Ting-yuk, Tsui Wai-shing and Wong King-chun, as well as third year student Cheryl Lee Cheuk-tung.
“Many people have the notion that working in the insurance industry means being an agent to sell policies. Having worked as an intern in an insurance company last summer, I came to realise that insurance-related work covers a lot more than that,” said Cheryl Lee, the Year-three awardee. “Insurance is one of the fastest-growing financial services in Hong Kong. With an increasing demand for corporate and management talent, there are plenty of opportunities for career development.” There are now more than 90,000 people working in the insurance industry of Hong Kong. In 2012, the insurance industry contributed 12% of Hong Kong’s GDP. Moreover, today the Hong Kong Government gazetted the Insurance Companies (Amendment) Bill to establish a legal framework for the regulator, Insurance Authority, which is expected to be established next year the earliest to enhance regulation of the insurance industry.
In his thank-you speech, President Leonard K Cheng said Lingnan would do its best to ensure the distinctive academic quality and competitive edge of the RIM programme, and promote the AR Charitable Foundation Scholarship Scheme to prospective students in the secondary schools, “By paying extra promotional effort on the scholarship scheme, we hope to attract outstanding secondary students who aspire to work in the insurance field to enrol in our RIM programme. With the support of AR Charitable Foundation and all the professional bodies of the insurance industry, I have full confidence that Lingnan will succeed in bringing the academic excellence of the RIM programme to new heights.”
Please go to http://www.ln.edu.hk/news/20140424/AR_Scholarship to download photos.
About Lingnan University’s Risk and Insurance Management Stream
The Risk and Insurance Management Stream equips students with fundamental knowledge in insurance and risk management that meets the needs of the banking and insurance industry, as well as general business management. Our graduates are well prepared for managerial positions in insurance companies, banks, and related financial institutions, such as insurance underwriters, claim officers, bankers, insurance product developers, insurance brokers, insurance and financial instrument executives and non-insurance-related administrators. For more information about the programme, please go to: http://www.ln.edu.hk/fin_ins/programmes.html