MBA Insurance Management

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Master of Business Administration in Insurance Management

Duration

2 Years

Level

Post Graduation

Type

Degree

Eligibility

Graduation and Equivalent

MBA Insurance Management or Master of Business Administration in Insurance Management is a two-year postgraduate Insurance programme. Master of Business Administration in Insurance Management course focuses on knowledge and skills required by management professionals who plan to work for Indian and multinational corporations. It provides the students with a general management perspective and introduces them to the latest concepts and practices related to functional areas of management.

Master of Business Administration in Insurance Management students are the flair for resolving conflicts and negotiating with others, the ability for establishing and maintaining interpersonal relationships, an inclination for communicating with persons outside an organization, a desire for getting information and a capability for selling or influencing others. After passing the course, they have many jobs scopes in various fields.

MBA Insurance Management Eligibility          

  • Aspiring students should have passed a Bachelor’s degree in any relevant stream or its equivalent from a recognised university.
  • The candidates should have secured a minimum of 55% aggregate marks in their Bachelor's.

MBA Insurance Management Syllabus

Syllabus of Insurance Management Course as prescribed by various Universities and Colleges.

MBA Insurance Management Semester-I

Sr. No. 

Subjects of Study

1

Accounting for Insurance

2

Computers for Managers

3

Managerial Economic Forecasting

4

Management and Organizational Behavior

5

Principles and Practice of Life Insurance

6

Principles and Practice of General Insurance

7

Risk Management and Insurance

8

Statistics for Insurance

MBA Insurance Management Semester-II

1

Business Communication

2

Bank and Risk Management

3

Business Research Methods

4

Financial Management

5

Human Resources Management

6

Insurance Law and Regulation

7

Marketing Management

8

Personality and Career Development

MBA Insurance Management Semester-III

1

Fire and Motor Insurance

2

Interpersonal Skills and Team Management

3

Marine and Rural Insurance

4

Marketing of Insurance Services

5

Elective-I

  • Actuarial Mathematics and Services
  • Security analysis and Portfolio Management

6

Elective-II

  • Entrepreneurship and Service Management
  • Innovation and knowledge Management

7

Elective-III

  • Business Interruption Insurance
  • E-commerce

MBA Insurance Management Semester-IV

1

Health & Miscellaneous Insurance

2

International Business Management

3

Strategic Management

4

Major Project

5

Elective-IV

  • Database Management Systems
  • Enterprise Risk Management
  • Reinsurance

6

Elective-V

  • Business Intelligence Systems
  • Engineering & Liability Insurance
  • Insurance Salesmanship

 

MBA Insurance Management Colleges

MBA Insurance Management Course Suitability

  • Applicants should possess good interpersonal and communication skills as they need to deal with different types of personalities. 
  • Aspiring Candidates must be good at accounting skills, managerial, time management, team spirit and good at digits and numbers. 
  • They must also possess the ability to persuade peoples as they need to make them ready for insurance policies.
  • They must be up to date about the happening in the commercial world day to day basis. 

How is the MBA Insurance Management Course Beneficial?

  • After passing this Master’s degree course, they can also go for teaching professions both in colleges/universities on regular basis and that of private.
  • 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. 
  • Candidates can find jobs in insurance, consulting, business advisory, financial services, banking, and risk management. 
  • The course offers students the necessary knowledge and skills to be able to understand the present and future problems in the financial and insurance world, allowing them to find solutions and to work from their specific scientific background. 

MBA Insurance Management Employment Areas

  • Birla Sun-Life
  • Colleges & Universities
  • HDFC Standard Life-Insurance Co.
  • ICICI Prudential
  • Max New York Life
  • Om Kotak Mahindra
  • Reliance
  • SBI Life Insurance
  • Tata AIF Life

MBA Insurance Management Job Types

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