Graduates fume on finding out course offered via insurance association is unaccredited
By
Sandra Davie, Senior Writer
JUST last month, 40 members of the insurance industry celebrated getting their Masters' degrees in Business Administration.
Then one of them had a niggling suspicion about the credentials of their alma mater, International University (IU), Vienna.
He found that it was not accredited in Austria, which raises questions about the worth of their degrees. Now some are thinking of getting refunds for their course, which cost them about $12,000 each.
The course is being offered by the Financial Services Managers Association and Great Eastern Life Planners Association who engaged education consultancy, CPPD Systems Associates, to run the academic side of the programme.
Contacted by The Straits Times, the Austrian Embassy here confirmed that IU was not on its list of approved private universities.
