Program overview
Insurance might sound a bit "old-school," but it's actually super practical. Simply put, it's about studying how to use insurance to deal with life's uncertainties—like illness, car accidents, typhoons, or even company bankruptcy. You'll learn how to design insurance products, calculate premiums (actuarial science), assess risks, handle claims, and how insurance companies invest to make money. Core courses include: Principles of Insurance, Risk Management, Actuarial Science, Property Insurance, Life Insurance, Reinsurance, Insurance Law, etc. Math and statistics are basic tools, but don't worry—most schools start from the basics. Chinese universities have a clear advantage in insurance studies: a large market and abundant data. Schools like Fudan, Nankai, and Central University of Finance and Economics have close partnerships with top domestic insurers (Ping An, PICC, CPIC), giving students access to real cases and internships. This major suits those who are good with numbers, enjoy analyzing problems, and want to help others solve real-world challenges. If you think the word "risk" is cool and want to learn a practical skill, insurance is worth considering.