The actuarial science and investment majors of the School of Finance were selected as national and provincial first-class undergraduate major construction sites in the year 2021.

2022.06.16

Recently, the Ministry of Education announced the 2021 (third batch) list of the double million plan construction sites of the national and provincial first-class undergraduate major construction. Nankai University has added 14 national first-class undergraduate major construction sites and 29 provincial first-class undergraduate major construction sites. The actuarial science major of the School of Finance was selected as the third batch (2021) national-level first-class undergraduate major construction site, and the major of investment was selected as the provincial first-class undergraduate major construction site. Therefore, the school of finance has four majors that have been selected as national first-class undergraduate major construction sites at the moment, which are finance, insurance, financial engineering and actuarial science. 

Nankai University was the first to carry out actuarial education in China. In 1987, Nankai University signed an agreement with the Society of Actuaries (SOA) to cooperate in the training of actuarial graduate students. In 1988, Nankai Insurance major recruited actuarial graduate students for the first time in China, setting a precedent for actuarial education in China and establishing the Nankai-SOA cooperative education model. In 1992, Nankai established the first North American actuary qualification examination center in China. In 1995, the actuarial direction was established in the undergraduate program, gradually forming a relatively complete curriculum system. In 2005, the master’s Actuarial Science program was established. In 2014, the doctoral program in actuarial science was established. In 2017, Nankai was approved by the Ministry of Education to establish the undergraduate major in actuarial science, then in 2018 it began to enroll and train undergraduate students majoring in actuarial science. 

The major of actuarial science adheres to the combination of education of both fundamental theoretical knowledge and professional skills, and has formed an educational and teaching system that sticks to the international actuarial frontier and the development of the qualification of assessment system of both Chinese and foreign actuary. Apart from that, it also forms the characteristics of “actuarial science + technology + humanities” in talent training. 

The investment major in Nankai University was approved by the Ministry of Education in 2017 and began to enroll and train undergraduate students majoring in investment in 2018. The investment major in Nankai takes serving the society, facing the world, and striving for the first-class as the schooling philosophy, and strengthening the foundation, broadening the profession, focusing on practice, cultivating ability, and improving quality as the schooling thoughts. It creatively applies artificial intelligence and information technology to the cultivation of talents in the traditional investment field, and takes robo-advice and family wealth management as the main training direction, and strives to build a new talent-training model based on general education, as well as the ability of general research and innovation, which can realize the transformation of education from simple knowledge transfer to exploration and research, and can cultivate compound talents with both multidisciplinary backgrounds and solid foundations. 

On the occasion of the 40th anniversary on Nankai University's restoration of financial education, the School of Finance will closely follow the needs of national development, adhere to the requirement of the first-class post-graduate major construction and the national standards for professional certification, deepen the reform of undergraduate education and the innovation of the talent training models, develop a complex, innovative and international talent-training characteristics based on interdisciplinary training, solidly promote the construction of first-class undergraduate majors, continuously improve the teaching quality, and strive to cultivate first-class financial and insurance talents with all around development of morality, intellectuality, physical fitness, aesthetics and labor.