Master in Actuarial Science and Risk Management

University of International Business and Economics (UIBE)

Beijing, China 3 years Taught in English Open to international students

Why students choose University of International Business and Economics (UIBE)

Pioneering governance — first Chinese university with a Board of Trustees, set up in 1989
Elite backers — trustee board once chaired by vice premiers Li Lanqing and Wu Yi
GA catalogue — 47 indexed programmes spanning 9 bachelor's, 18 master's and 14 PhD degrees
English-taught reach — 41 of 47 GA-listed programmes taught in English
Global partner network — ties to 160+ overseas universities and international bodies

About Master in Actuarial Science and Risk Management

University of International Business and Economics (UIBE) offers Master in Actuarial Science and Risk Management, a 3-year master's program in Beijing, taught in English. The tuition fee is 8,149 USD per year, and the deadline to apply for the Sep 2027 intake is Jun 30, 2027.

About University of International Business and Economics (UIBE)

The University of International Business and Economics, founded in 1951 and located at Beijing, China, is a public research university and national key university with economics, management, law, literature and science as its core academic areas of expertise. Since its foundation, UIBE has been steadfast in living up to its motto of "Erudition, Honesty, Endeavor and Perfection" through constant diligence and innovation.

The University of International Business and Economics (UIBE), founded in 1951, is a multi-disciplinary and national key university with economics, management, law, literature and science as its core academic areas of expertise. Since its foundation, UIBE has been steadfast in living up to its motto of "Erudition, Honesty, Endeavor and Perfection" through constant diligence and innovation. At present, UIBE consists of 15 academic schools, a Graduate School, a campus in Israel for undergraduate studies in business administration, a Department of Physical Education and a Department of Culture and Art, offering over 1405 undergraduate courses, 875 postgraduate courses, and 109 doctoral courses. In 1989, UIBE became the first university in China to have a Board of Trustees, with its members from the Ministry of Foreign Trade and Economic Cooperation (predecessor of the Ministry of Commerce), state-owned international trading companies, Chinese Customs, the Bank of China, the People's Insurance Company of China, and the Hong Kong Chamber of Commerce. Mr. Li Lanqing, the former Vice–Premier of the State Council, took the chair for its first session, and Ms. WU Yi, the former Vice-Premier of the State Council, chaired the Board for its second session. UIBE plays a leading role in the development of international alliance with universities around the world. Currently, UIBE has established partnerships with over 160 overseas universities and international organizations.

Fees

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Tuition (international students): 8,149 USD per year
Quoted as 54,940 CNY per year
Application Fee: 95 USD
Service Fee: 150 USD

Accommodation

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You will need to book the accommodation after you have been accepted.

You can choose to live on campus or off campus in private accommodation.

How to Book

It’s not possible to reserve a room before arriving. You can arrive a few days before and book it.

Entry Requirements

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The minimum age is 18 and the maximum age is 35 .

Minimum education level High School diploma or equivalent

You need to have above average grades for the program. Above average - (Grade B-A, 60-70%, GPA 2.5-3).

All students from all countries are eligible to apply to this program.

English Test Requirement

This program asks for IELTS 5.5-6.0. Here's what that's worth on the other tests universities accept, based on the official concordance tables:

English Test · fastest & cheapest

85–95

Take the Duolingo Test We earn a referral credit

TOEFL iBT: 46–59
PTE Academic: 42–49
CEFR level: B1/B2

Convert your own score

Equivalences are approximate — confirm the exact test and score the program accepts.

Admissions Process

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1
Step 1 Choose programs
2
Step 2 Apply online
3
Step 3 Enroll

Preparing documents

You can start your application now and send the application documents during your application. Some documents you can send later if you don’t have them right away. See document and eligibility requirements

Required documents

• Your Passport Copy

• Your Graduation Certificate (in English)

• Your Photograph

• Your Highest Academic Transcript (in English)

• English Language Certificate

IELTS 6.0 with minimum of 5.5 in all four elements of the test; TOEFL iBT 80 with minimum marks of Listening - 17, Reading - 18, Speaking - 20, and Writing - 17; DuoLingo English Test (DET) 95-100 (with a minimum of 90 in each language subskill, if these are reported); LanguageCert International ESOL B2 Communicator - High Pass overall with Pass in each component; and others: https://www.qub.ac.uk/International/International-students/Applying/English-language-requirements/#English

• Curriculum Vitae

• Personal Statement

• Referee Details

• Result of International Standard Tests (SAT/IB/ACT/A-level/etc)

For general and other qualifications, you can check out Queen's University Belfast website here: https://www.qub.ac.uk/Study/Undergraduate/How-to-apply/general-entrance-requirements/#d.en.1502431

Application process

• Applying Online is simple in just a few steps. Learn more about the application process

• The first steps are to choose the programs, pay the application fee and upload the application documents.

• Once submitted to Global Admissions, we will review your application within 2-3 days and proceed to the university or ask you for further clarification

• After it has been processed to the university you will receive your unique application ID from each university.

• The university may contact you directly for further questions.

• We will then follow up each week with the university for updates. As soon as there is any update we will let you know. If you have made other plans, decide to withdraw / change address at any time please let us know.

• After you have been accepted you will receive your admissions letter electronically and asked to pay the non-refundable deposit to the university.

• Once you have paid the deposit the university will issue you the admissions letter and visa form to your home country.