M.Sc Insurance

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Master of Science in Insurance

Duration

2 Years

Level

Post Graduation

Type

Degree

Eligibility

Graduation

M.Sc Insurance or Master of Science in Insurance is a postgraduate Insurance programme. Insurance means the equitable transfer of the risk of a loss from one entity to another in exchange for payment. Students learn alternative and unconventional risk management concepts for mitigating financial loss; the application of statistical and simulation tools to develop corporate risk management strategies as well as the fundamentals of various insurance products. The duration of the course is two years and its course is divided in three semesters. This course is very beneficial especially for engineering students.

M.Sc Insurance Eligibility

  • Students must have qualified for their B.Sc / BE / B.Tech degrees in Engineering excluding Electronics, Tele Communication, Communication, Computer Science & IT from a recognized University.
  • The candidates should have secured a minimum of 55% aggregate marks in their Bachelor's.
  • Candidates who have appeared/are appearing in the final year of qualifying examination may also apply. However, candidates not fulfilling the eligibility criteria, mentioned above, will not be entitled to admission.

M.Sc Insurance Syllabus

Syllabus of Insurence Course as prescribed by various Universities and Colleges.

M.Sc Insurance Semester-I

Sr. No. 

Subjects of Study

1

Accident Insurance

2

Business Communication

3

Fire Insurance

4

Insurance Regulations

5

Loss Control & Risk Inspection

6

Principles and Practice of General Insurance

M.Sc Insurance Semester-II

1

Accident Insurance & Actuarial Methodology

2

Advanced Studies in Fire and Engineering Insurance

3

Marine Insurance

4

Risk Management

5

Underwriting & Reinsurance

M.Sc Insurance Semester-III

1

Practical Training with Insurance Companies and Intermediaries

M.Sc Insurance Semester-IV

1

Dissertation

 

M.Sc Insurance College

M.Sc Insurance Course Suitability

  • Students must possess strong interpersonal skills which are required to excel in this area as they have to sales policies and salesmanship depends upon understanding and working well with other people.
  • They should also have professional attitude, high moral character and person of integrity. Other skills they should possess are computer literacy, strong communication skills, Strong work ethic and good business sense.
  • They also expected to have the following skills like commitment to education and life-long learning; service oriented attitude and self-motivated.

How is the M.Sc Insurance Course Beneficial?

  • By the end of the degree, students have acquired the fundamental and conceptual knowledge and the analytic skills to be able to deal with the problems of the insurance business within the economic context and the necessary skills in the field of adequately communicating and reporting.
  • The degree's main goal is to offer students the necessary knowledge and skills to be able to understand present and future problems in the financial and insurance world, allowing them to find solutions and to work from their specific scientific background.
  • They can also become lecturer/professor in private and regular institutes.

M.Sc Insurance Employment Areas

  • Banking
  • Business Advisory
  • Consulting
  • Financial Services
  • Insurance
  • Risk Management

M.Sc Insurance Job Types

  • Business Analyst
  • Consultant & Advisor
  • Financial Analyst
  • Internal Auditor
  • Risk Manager
  • Underwriter