under the auspices of the Faculty of Economics, Management and Accountancy

L.N. 252 of 2021

EDUCATION ACT

(CAP. 327)

Bye-Laws of 2021 to amend the Bye-Laws of 2019 in terms of the

General Regulations for University Postgraduate Awards, 2021 for the

Degree of Master of Science in Insurance and Risk Management - M.Sc. -

under the auspices of the Faculty of Economics, Management and Accountancy

IN EXERCISE of the powers conferred upon him by articles 74 (5) and 75 (6) of the

Education Act (Cap. 327), the Chancellor of the University of Malta has promulgated

the following bye-laws made by the Board of the Faculty of Economics, Management

and Accountancy in virtue of the powers conferred upon it by article 81 (1) (c) of the

said Act and which have been approved by the Senate of the University of Malta as

required by article 81 (2) of the said Act

Citation

These bye-laws may be cited as the Bye-Laws of 2021 to amend the

Bye-Laws of 2019 in terms of the General Regulations for University Postgraduate

Awards, 2021 for the degree of Master of Science in Insurance and Risk Management

- M.Sc. - and shall be read and construed as one with the Bye-Laws of 2019 in terms

of the General Regulations for University Postgraduate Awards, 2021 for the degree

of Master of Science in Insurance and Risk Management - M.Sc. - under the auspices

of the Faculty of Economics, Management and Accountancy, published as Legal

Notice 202 of 2019, hereinafter referred to as “the principal bye-laws”.

Applicability

These bye-laws shall be applicable for courses commencing in October

2021 or later.

Amendment to bye-law 3 of the principal bye-laws

For bye law 3 of the principal bye-laws there shall be substituted the

following

“Requirements for Admission

3. (1) The Course shall be open to applicants in possession of one of the

following qualifications

(a) the degree of Bachelor of Commerce (Honours) in Insurance and Risk

Management obtained with at least Second Class Honours; or

(b) the Advanced Diploma in Insurance awarded by the Chartered Institute

of Insurance (UK.); or

(c) the degree of Bachelor of Commerce with Insurance as one of the two

main areas of study, obtained with at least Category II; or

(d) a degree with at least Second Class Honours or Category II, in any other

area deemed relevant by the Board of Studies, provided that applicants in possession

of a degree with at least a Third Class Honours or Category III may also be considered.

Applicants in possession of the degree with Third Class Honours or Category III shall

be allowed to proceed to the research component subject to the attainment of an

average mark of at least 55% in the taught component; or

(e) a qualification deemed by Senate, on the recommendation of the Board

of Studies, to be comparable to the qualifications listed in sub-paragraphs (a), (b) and

(c).

(2) Students admitted under sub-paragraphs (d) and (e) of paragraph (1)

of this bye-law may be required to follow and pass supplementary study-unit/s, as

recommended by the Board of Studies, to which a maximum of 12 ECTS credits are

assigned, in addition to the programme of study specified in bye-law 5 of these bye-

laws.

(3) The admission of applicants under sub-paragraph (d) and if necessary

sub-paragraph (e) of paragraph (1) of this bye-law, may be made conditional on the

result of an interview conducted for the purpose.

(4) Interviews, if necessary, shall be conducted by a board composed of at

least three members appointed for the purpose by the Board.”

€0.18