Post Graduate Diploma in Risk and Insurance Management
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.
Course Contents
Semester 1
- Principles and Practice of Life & General Insurance
- Risk Management
- Life Insurance I
- Fire Insurance
- Marine Insurance
Semester II
- Engineering & Liability Insurance
- Motor Insurance & Agricultural & Mis. Insurance
- Life Insurance II
- Investment Planning & Management
- Marketing of Financial Services
CLICK HERE for detail syllabus
Note:
- Online examination will be conducted for above subjects.
- Student will have to submit two assignments for each subject.
- Online examinations carry 70% and assignments carry 30% weightage.
Course Information
Admissions:
The time period starts from the
date of registration.
Procedure:
Course fee:
The fee amount for this course is Rs. 15000/- for
Indian Residents and US $ 1500 for NRI/Foreign
Residents including first attempt examination fees,
which have to be paid in full at the time of admission in
the form of Crossed Cheque / Demand Draft drawn in favour
of "MIT School of Distance Education".
Registration Fees: Rs. 500/-
for Indian Residents and US $ 50 for NRI/Foreign Residents.
Prospectus Fees: Rs. 500/-
for Indian Residents and US $ 50 for NRI/Foreign Residents.
Duration : One year.
Note : Participant is expected to put in
minimum eight hours of study per week.
Validity of registration : Two years.
Eligibility : Graduates of any discipline / Diploma in Engineering with three years experience.
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