

A golden opportunity towards achieving Professional Insurance qualifications!
MNRB SCHOLARSHIP FUND
2022/2023 (Batch 12)
in collaboration with
THE MALAYSIAN INSURANCE INSTITUTE
MNRB Holdings Berhad in collaboration with The Malaysian Insurance Institute (MII) invites qualified staff of insurance companies in Malaysia to apply for the MNRB SCHOLARSHIP FUND. Through this scholarship, shortlisted candidates can pursue MII’s Professional Qualification Programmes, i.e ASSOCIATESHIP OF THE MALAYSIAN INSURANCE INSTITUTE (AMII) Level 1 & 2. This scholarship is also open to brokers, adjusters, and Insurance Associations. MNRB Holdings Berhad established the MNRB SCHOLARSHIP FUND. MNRB Holdings Berhad is a company listed on the Main Board of Bursa Malaysia and is a subsidiary of Permodalan Nasional Berhad (PNB).

MNRB SCHOLARSHIP CRITERIA
- The scholarship is open to qualified staff in the insurance industry in Malaysia including Brokers, Adjusters and from Insurance Associations.
- The scholarship for AMII Level 1 and AMII level 2 are open to new students and fulfil the following minimum entry requirement.
MINIMUM ENTRY REQUIREMENT TO AMII LEVEL 1
- Passed STPM/A-Level or higher qualification which is recognized by the Malaysian Government or from a recognised Professional Body; or
- Passed the Certificate of the Malaysian Insurance Institute (CMII); or
- Passed Certificate in Insurance from The Chartered Insurance Institute (CII), United Kingdom (must be certified true copy)
ENTRY REQUIREMENT TO AMII LEVEL 2
- Obtained AMII Level 1
(a) Students with a recognised qualification in the relevant field will be given credit exemptions based on past results and portfolio review (where applicable).
(b) Any other qualifications will be considered on a case-to-case basis.
(c) MII’s selection committee reserves the right to accept or reject any application.


SCHOLARSHIP COVERAGE
-
The proposed scholarship will cover the following:
- 50% of programme fee which includes tuition fee or exemption fee (if exemption application is approved), examination fee and study text;
- Full fee of a one-time student registration fee;
- Full fee of a one-time MII membership joining fee; and
- Full MII annual membership fee
-
The total programme fee for year 2022/2023 is estimated at:
-
AMII Level 1 – RM5,250 per student for 6 subjects
-
AMII level 2 – RM8,480 per student for 8 subjects
-
ABOUT THE AMII LEVEL1 AND LEVEL 2
- The Associateship of The Malaysian Insurance Institute (AMII) is an exclusive professional qualification programme tailored to the needs of the insurance industry and industry professionals.
- This qualification is viewed as a preferred requirement for career progression and leadership positions within the insurance industry.
- The AMII is the only accredited professional programme customised for the local insurance industry and is the favoured programme by insurance companies and professionals in the ASEAN region.
- This qualification programme provides individuals with the necessary technical knowledge and practical skills at an operational level, as well as equip those who are looking to build a career in a technical, supervisory or managerial role.
- Graduates of the AMII programme obtains a comprehensive understanding of insurance and reinsurance management principles that are essential for every industry professional’s scope of responsibilities.
- The AMII post-nominal designation is valued as a national standard of excellence for insurance professionals and recognized as the insurance industry’s advanced professional qualification by international institutes such as the Chartered Insurance Institute (CII) and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF).

ACCREDITATION AND RECOGNITION
- AMII is accredited by The Finance Accreditation Agency (FAA).
- AMII is recognised by the Chartered Insurance Institute (CII), UK whereby a student is able to obtain a maximum of 210 credits from AMII to be applied towards the CII qualification (depending on the terms and conditions of the CII qualification framework).
- AMII is also recognised by The Australian New Zealand Institute of Insurance and Finance (ANZIIF). AMII graduates who have:
- completed the Associateship of Malaysian Insurance Institute Level 1 is eligible to apply for the ANZIIF Associate membership.
- completed the Associateship of Malaysian Insurance Institute Level 2 is eligible to apply for the ANZIIF Senior Associate membership.
- attained the Fellowship of Malaysian Insurance Institute and have been an ANZIIF CIP member for two consecutive years will be eligible to apply for the ANZIIF Fellow membership.
Syllabus and Assessment Structure
The AMII Level 1 and Level 2 programme constitutes an enhanced syllabus of local content and practices, as well as assessments that consists of coursework (assignment and tests – 40%), case studies and final examination (60%) that tests the application of both academic and on the-job experience.
- Subject exemption may be awarded for prior learning (qualification related) by applying the exemption for the related subject(s) with the necessary supporting documents.
- 3 credits per subject for AMII Level 1 and 4 credits per subject for AMII Level 2 may be awarded if it complies with the exemption requirements.
Completion Requirement
- Students are required to complete AMII Level 1 (18 credits / 6 subjects) before enrolling to AMII Level 2.
- Students are required to complete AMII Level 2 (32 credits / 8 subjects) to fulfil the AMII completion requirement.
- Student must meet the completion eligibility criteria at the time of completion of the AMII
- A total of 50 credits are required to complete AMII Level 1 and Level 2.
Class Intake:
- February intake – Final Examination session in May
- June intake - Final Examination session in September
- October intake - Final Examination session in January

Suggested AMII Level 1 and Level 2 Study Timeline:
Level | Year 1 - 2022/2023 | Year 2 - 2023 | Remarks | ||
---|---|---|---|---|---|
Oct 2022 intake Jan 2023 exam |
Feb 2023 intake May 2023 exam |
June 2023 intake Sept 2023 exam |
Oct 2023 intake Jan 2024 exam |
Assumption: Student passes every exam session |
|
AMII L1 | 2 subjects | 2 subjects | 2 subjects | - | Total 6 subjects completed in 3 examination sessions |
AMII L2 | 2 subjects | 2 subjects | 2 subjects | 2 subjects | Total 8 subjects completed in 4 examination sessions |
APPLICATION AND SELECTION PROCEDURES
- Application for this scholarship must be approved by the CEO of the company.
- Only short-listed candidates will be required to undergo an assessment and interview session with MII.
- Short listed candidates will be notified via email.
- Please download the application form from the MII website: MNRB Scholarship form
SUBMISSION OF APPLICATION FORM AND SUPPORTING DOCUMENTS
The Malaysian Insurance Institute
Level 6, Bangunan AICB, No. 10 Jalan Dato’ Onn,
50480 Kuala Lumpur
Attention to: Chief Academic Officer
(MNRB Scholarship Application 2022)
Name of Staff | Contact No | Email Address |
---|---|---|
Ms Santhi | +603 - 2712 8858 | coursemgt@mii.org.my |
Ms Azean | +603 - 2712 8859 | |
Mr Ashraff | +603 - 2712 8860 | |
Ms Parameswary | +603 - 2712 8827 | |
Ms Sapura | +603 - 2712 8825 | |
Ms Rosmaniwati | +6012 - 675 3862 |