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Courses >> One Year PGD Courses >> Risk and Insurance Management (PGDRIM)

Risk and Insurance Management (PGDRIM)

Introduction
MITSDE PG Diploma Risk and Insurance Management (PGDRIM) enriches the student's qualification by providing Assam Down Town University certificate as a part of Dual Certification.

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 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
 
Fees
Course Fees Indian Students
  In Case of Installments
Total Fees in Lumpsum by 
Demand Draft Payment
Fees Payable by D.D Payment along with Admission Form PDC to be accompanied with Admission form 
dated 1 Month from Registration Month
Rs. 21,000/‐ Rs. 10,500/‐ Rs. 10,500/‐
Course Fees for NRI & Foreign Students (Fees in $ US)
  In Case of Installments
Total Fees in Lumpsum by 
Demand Draft Payment
Fees Payable by D.D Payment along 
with Admission Form
PDC to be accompanied 
with Admission form dated 1 Month 
from Registration Month
$1,250 $625 $625
Note‐
All the fees payable through Demand Draft  or P.D.C as per the payment plan 
above in favour of  "Down Town Charity Trust", Payable at Pune.

In case of Installments all the PDC should be accompanied as per the payment plan 
along with the Admission form and required douments.

All PDC as per the payment plan should be drawn from Nationalized bank only.

All the above fees are inclusive of Prospectus Fees, Registration Fees, Course Fees, 
Assignment Fees and Examination Fees for First Attempt. In Case of Installments PDC mandatory.
 
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