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INTRODUCTION
The impact of globalisation has led to the opening of insurance
sector. Topmost players are still vying with each other to grab the
growing market of Rs 33,000 crores premium per annum in India .
About 30 corporate organisations like TATA, Reliance, ICICI, HDFC,
Birla, etc joined hands with renowned insurance companies of the
world dealing with general & life insurance.
There is an increasing need of trained and specialised personnel
with knowledge of scientific theories and practices followed in
India and globally. Such requirement opened the doors to a branch of
management curriculum in its own right.
It is important to study the risk and insurance management for
effective management of insurance portfolio. Insurance and risk
management professionals analyse and solve problems involving loss
of personal and corporate assets.
The program integrates knowledge from finance, quantitative analysis
& management and includes study of the legal, social and
institutional environment in which losses may occur. It also
prepares students to assess and treat the risks taken by
profit-seeking and non-profit organisations.
POTENTIAL CAREERS
The broad-based risk management industry employs over three million
people worldwide, representing over a trillion dollars in business
assets. As the world's wealth grows and population ages, the demand
for risk management professionals will also increase.
The risk and insurance management leads to careers as a risk
manager, insurance broker, insurance representative, actuary,
employee benefits manager, insurance underwriter, insurance claims
adjustor, surveyors, claim settlers and insurance regulator.
Opportunities in consulting in industries, commercial organisations,
insurance companies, consulting firms etc are also open
STRUCTURE
Semester 1
|
Sub Code |
Details |
|
501 |
Principles and Practice of Life & General Insurance
|
|
124 |
Risk Management
|
|
503 |
Life Insurance I
|
|
504 |
Fire Insurance
|
|
505 |
Marine Insurance |
Semester 2
|
Sub Code |
Details |
|
506 |
Engineering & Liability Insurance |
|
508 |
Motor Insurance & Agricultural & MIS Insurance
|
|
507 |
Life Insurance II
|
|
123 |
Investment Planning & Management |
|
119 |
Marketing of Financial Services |
ELIGIBILITY
|
Duration |
Eligibility |
1 Year
(2 Semester) |
Any Graduate or Diploma holder
with three years of experience |
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