On the morning of June 11, 2024, the Scientific and Training Council of National Economics University (NEU) met to provide feedback on the High-Quality Insurance academic program integrating ANZIIF certifications and to review and update the Advanced, High-Quality and POHE academic programs for Cohort 66.

An overview of the meeting

Attending the meeting in person and online were Prof. Dr. Tran Tho Dat, Chairman of the Scientific and Training Council; Prof. Dr. Pham Hong Chuong, President of NEU; Assoc. Prof. Dr. Bui Huy Nhuong, Vice President of NEU; Assoc. Prof. Dr. Nguyen Thanh Hieu, Vice President of NEU; members of the Scientific and Training Council; Rectors and Vice Rectors of constituent colleges; leaders of faculties and institutes offering the academic programs under review and revision; and members of the council developing the High-Quality Insurance academic program integrating ANZIIF certifications.

At the meeting, Prof. Dr. Pham Hong Chuong, President of NEU, discussed the preparation of the proposal to develop the High-Quality Insurance academic program integrating ANZIIF certifications, as well as the review, updating and improvement of the Advanced, High-Quality and POHE academic programs to be applied from Cohort 66 at NEU.

Also at the meeting, Dr. Vu Van Ngoc, Dean of the Institute of Advanced, High-Quality and POHE Programs, presented a summary report on the preparation of the proposal to develop the High-Quality Insurance academic program integrating three ANZIIF certifications, along with a report on the review, updating and improvement of the Advanced, High-Quality and POHE academic programs to be applied from Cohort 66. Dr. Nguyen Thi Chinh, Vice Rector of the College of Business and Dean of the Faculty of Insurance, presented the main elements of the draft High-Quality Insurance academic program integrating ANZIIF certifications.

To meet the growing demand for human resources in both quantity and quality and ensure the competitiveness of Vietnam’s insurance market as it integrates with the international market, NEU assigned the Faculty of Insurance and the Institute of Advanced, High-Quality and POHE Programs to develop the high-quality bachelor’s academic program in insurance integrating ANZIIF certifications.

The High-Quality Insurance program integrating ANZIIF certifications is a full-time bachelor’s academic program in insurance that incorporates nine courses equivalent to 12 skill units offered by the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) at the “Certificate” level of the Australian Qualifications Framework.

The program aims to prepare bachelor’s graduates in insurance who have strong political and ethical qualities, good health, and a sense of social responsibility; foundational knowledge of (i) economics and business administration; and in-depth knowledge of insurance, including (ii) insurance principles and insurance business law, (iii) types of insurance, and (iv) the operations of insurance organizations and enterprises, to enhance their professional competence to meet national and international standards. It also equips learners with the skills and attitudes needed to develop analytical, synthesis and systems-thinking abilities; think independently, proactively and flexibly; and pursue self-directed learning to expand their knowledge and undertake research at higher levels, enabling them to become experts or managers in insurance and related fields and meet the country’s demand for high-quality human resources.

Upon completing the academic program, students receive a High-Quality Bachelor’s Degree in Insurance from NEU and three international insurance certifications from ANZIIF: a Diploma in General Insurance under the Australian Qualifications Framework, an ANZIIF Executive Certificate in Insurance, and an Executive Certificate in General Insurance Claims Handling or an Executive Certificate in General Insurance Risk Assessment. These certifications meet the professional competency framework standards prescribed for insurance personnel not only in Vietnam but also in other countries around the world. ANZIIF certifications also demonstrate a level of formal, structured training and reflect a professional approach to learners’ career development. This provides a significant advantage for students upon graduation, offering better career opportunities and prospects for career development.

Article and photos: Department of Communications

This is an automated translation. If you notice any errors, please contact the Department of Communications, National Economics University at phongtruyenthong@neu.edu.vn.