The phenomenon of risk and insurance are interrelated. Risk is everywhere, whether in business or in life. Now wherever there is risk, there is the possibility of managing it through suitable means. M.Sc in Insurance and Risk management thus addresses the global concern for risk management through various insurance offers. The course focuses on the relationship between risk and insurance and how risk can be managed largely by certain preventive measures. Since insurance and risk management is a specialized field, it requires the services of professionals at the post graduate level. The masters course in insurance thus enhances your skills in the insurance business providing you with a solid platform to step into the professional field.
Eligibility and course duration
A bachelors degree, preferably in the field of finance and business. Entry to the program is based on marks in graduation.
The duration of the program is 2 years.
More about the course
The field of insurance takes to funding of the adverse consequences or the risks that are associated with almost every business and even life. In this course, you will be examining the various managerial principles that are associated with risk management. You will be gaining expertise in the various short term and long term insurances and how they are able to fund the risk element. You will be learning about life insurance, health insurance, medical insurance, retirement corpus fund and the systems managing the risk. The course helps you to understand how the various funds in the insurance business contribute towards the growth of the economy. You are thus equipped with a number of skills and all round knowledge to establish yourself in the growing insurance business. There will be real-life case studies and the techniques of risk management that you learn through this course you will be able to apply once you are in this business.
The insurance sector is growing with leaps and bounds in the country. There are many private as well government players in the field that are providing insurance and risk management for a whole gamut of services. Even many foreign players are looking forward to enter the field. The growing economy that India is and with rising income levels, people are more inclined towards availing the services of the insurance sector. There are also prospects of earning through your own efforts in the insurance business.
M.Sc in Insurance and Risk Management Admissions for 2022 - 2023 Academic Year
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