The Chartered Insurance Institute has partnered with Coventry university to offer individuals who have the body’s advanced diploma in insurance to be fast tracked to achieving a masters degree in business administration.
The CII said given the skills and knowledge already assessed by its advanced diploma in insurance, students who have achieved the qualification will only need to complete up to three modules to gain Coventry’s post graduate qualification.
To achieve the MBA, students must complete three units examining leadership and management, global marketing and applied projects.
As well as being fast tracked, the first 100 ACII-qualified members to sign-up for Coventry university’s MBA in business administration will receive a £1,000 discount on the cost of achieving the online post-graduate qualification.
Kai Peters, professor and pro-vice chancellor of business and law at Coventry University, said: “At Coventry University, we are delighted to be working with the Chartered Insurance Institute. We have jointly created a pathway whereby the education and experience of chartered members can be applied for advanced standing on the Coventry MBA programme.
“By adding a masters of business administration qualification, CII chartered members will gain a broader business understanding which will not only aid in their day-to-day practice, but will also enhance their career prospects globally.”
Gill White, customer director of the CII, said: “The CII is committed to delivering relevant learning, qualifications and assessments to enable insurance professionals to develop the skills and knowledge they need to improve the public’s financial resilience and further their own careers.
“We are proud to have partnered with Coventry university to ensure insurance professionals are able to achieve a prestigious postgraduate qualification that will ensure they can excel in their roles and are able to adapt and leverage the future world of work and all it throws at them.”
The university’s undergraduate and postgraduate risk programmes are already accredited against the CII’s Learning Qualifications framework.
In addition, Glasgow Caledonian University undergraduate and postgraduate students would be able to gain a CII qualification at a reduced academic rate or take additional CII units at an academic rate - around a third of the amount charged to employed insurance and personal finance professionals.
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