Delve into Insurance Management in Amity’s Online MBA
Table of Contents
- jaro education
- 5, November 2024
- 10:00 am
India’s insurance industry consists of 57 big and small insurance companies, out of which 24 are life insurers while 34 are non-life insurers. You will be surprised to know that globally, India is the 10th largest insurance market.
To fuel this massive growth, there is a constant demand for qualified insurance management professionals who have the ability and right skillset to add concrete value to the Indian insurance market.
Amity University steps forward to bridge this gap with its foolproof MBA in insurance and risk management. This program comes with rigorous academic learning and practical insights helping students and working professionals get the right insurance professional acumen.Â
Whether you are a fresher planning to make a career in insurance management, a working insurance agent who wants to further enhance his/her skillsets, or someone who wants to explore new opportunities in risk management and insurance management – Amity University’s MBA in insurance and risk management program provides you with the right knowledge, resources, and expertise.
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Amity University - The Mecca of Quality Education
Amity University Online (AUO) aims to provide individuals with a platform for elective online learning, enabling them to enhance competencies, build expertise, and improve skills across diverse career paths.
The university beholds a professional and carefully designed program for MBAs in insurance and risk management by blending their 30 years of expertise in upskilling India’s youth in diverse professional streams.Â
Amity University Online is the last stop before you excel at risk management and insurance management as a full-time professional. Additionally, Amity is the only Indian university accredited by the ASQ, US, and is recognized by Asia’s top 200 universities by QS and UK ratings.
Why Choose Amity Online for an MBA in Insurance and Risk Management?
Amity’s degree holds an intangible value in the professional landscape. The Insurance management program combines the ease of virtual learning with academic excellence.
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- Live & Interactive Lectures by Global Faculty: Explore real-time, engaging learning experiences led by instructors from around the globe with expertise in the insurance management industry.Â
- World-class curriculum: Amity’s risk management and insurance management curriculum is thoughtfully designed by leading academics and seasoned insurance management professionals ensuring that it combines theoretical rigor with practical insights.Â
- International collaborations with Ivy League Universities: Amity University Online collaborates with prestigious Ivy League universities to provide insurance management aspirants with access to world-class educational resources and knowledge.
- Regular webinars with industry leaders: These webinars provide a platform for insurance management students to gain insights directly from those who shape the future of risk management and the risk management landscape.Â
- Strong Alumni Network: Offering mentorship, career advice, and professional opportunities.
- Placement Drive and Career Assistance: With Amity’s organized placement drives, risk management, and insurance management students can connect with top insurance employers and showcase their skills and knowledge.Â
- Easy-to-Use LMS: Amity’s user-friendly platform allows you to access course materials from anywhere at your convenience. The LMS is designed to ensure that students can navigate it effortlessly without technical glitches anytime, anywhere.Â
- Harvard Business Publishing’s Simulations on Real-World Scenarios: These simulations allow you to apply theoretical know-how in a controlled, yet realistic environment of risk management and insurance management.Â
- Dedicated Career Support & Virtual Job Fairs: Amity Online gives you the right guidance and access to multiple job opportunities in the insurance management field through timely online events. The university and its support stay with you even when the course is finished.
Eligibility Criteria, Application Process & Fees for Risk Management and Insurance Management Program
Amity Online has kept eligibility criteria quite straightforward and achievable. Here’s what you need to know –Â
| Ethnicity | Eligibility Criteria |
|---|---|
| Indian aspirants | Must have a graduation certificate with 40% in the last qualifying exam. If marks are less than 40% then you will be put to a test. Once passed, you are eligible for the program. |
| You must have a fair understanding of the English language. | |
| Foreign aspirants | You must have a graduation degree. A certificate of equivalence from the Association of Indian Universities is required from your end with foreign education to apply for any university in India. |
| Application Process |
|---|
| 1. Eligible students to submit their applications. |
| 2. Once shortlisted, you will get a confirmation and you will be required to pay a certain fee amount. |
| 3. Once done, your seat is duly booked. You can participate in the program. |
| Program Fee Structure |
|---|
| The total Program Fee is ₹1,99,000/- which shall be paid in 4 installments of ₹49750 during the 4 semesters. |
| The easy EMI option is available at ₹8125/Per Month. To apply, click here |
Program Highlights of Amity’s MBA in Insurance and Risk Managemen
Amity’s robust curriculum is designed to give you a solid foundation in insurance management principles. The course is divided into 4 semesters covering the ins and outs of risk management and insurance management –Â
| Semester | Syllabus |
|---|---|
| 1 | -Accounting for managers -Marketing Management -Managerial Economics -Statistics for Management -Professional Communication |
| 2 | -Business Research Methods -Financial Management -Human Resource Management -Conflict Resolution and Management -Legal Aspects of Business |
| 3 | -Professional Ethics -Strategic Management -Minor Project |
Explore Exciting Insurance Specializations
Amity Online’s MBA in Insurance and Risk Management program opens an array of opportunities for insurance professionals. Here’s what is waiting for you –
Health Insurance Management
As a health insurance management professional, you will take the lead in managing health insurance plans, evaluate various policies, and understand regulatory requirements for healthcare. Your work will be to ensure that various health insurance policies are compliant with medical ethics, and healthcare laws, and provide valuable coverage to the policyholders.
Life Insurance Management
It involves administering and underwriting life insurance policies. Life insurance management includes understanding the principles of life insurance, risk assessment, and financial implications of insurance contracts. You will help individuals and businesses with risk management and insurance management that are closely linked with life events.Â
Property and Casualty Insurance Management
This specialization deals with securing policyholders and providing coverage for risks against theft, fire, and natural disasters. It also includes managing casualty insurance which covers liability for accidents and injuries. As an insurance management professional, you will assess risks, determine premiums, and manage claims related to property and casualty insurance.Â
Risk Management and Insurance Management
Risk management focuses on identifying, assessing, and mitigating risks for individuals and organizations. It includes learning about various insurances, risk assessment techniques, and strategies for managing and transferring risks. As a professional, you will assist organizations in developing foolproof risk management plans and ensure that they have adequate insurance coverage.Â
Insurance Underwriting
It involves evaluating risks associated with insuring individuals or businesses and determining premiums and coverage terms. As an insurance underwriter, you will assess factors like health, lifestyle, and financial status to decide whether to provide insurance and at what cost. If you have a knack for analytical skills and a deep understanding of insurance principles, then this insurance management specialization is for you!
Insurance Claims Management
Insurance claims management focuses on handling and processing insurance claims. As an insurance claims specialist, your job will be to understand reinsurance contracts, risk transfer strategies, and the monetary impact of reinsurance on your company.
Insurance Law and Regulation
This specialization focuses on the legal and regulatory aspects of the insurance management industry. You will understand insurance laws, regulations, and compliance requirements. You will ensure that insurance companies operate within the legal framework and adhere to industry standards.
Actuarial Science
If you love numbers, statistics, and financial theory then this insurance specialization is the right fit. Actuaries analyze the financial costs of risk and uncertainty, helping insurance companies set premiums and reserves. This specialization requires strong analytical and quantitative skills.
Insurance Marketing and Sales
It focuses on promoting insurance products and services to diversified customers and businesses. This specialization includes understanding market trends, customer needs, and effective selling techniques. Your work will be to attract and retain customers by offering the right insurance solutions.
Time to Upskill as a Risk Management and Insurance Management Aspirant with Jaro Education
Think applying for an MBA in insurance and risk management is time-consuming and cumbersome? That’s where Jaro Education steps forward as India’s most trusted educational partner. Jaro Education provides exceptional expert guidance to help you with every step towards your career path and make your admission process smooth and straightforward.Â
Lakhs of aspirants and professionals have put their faith in Jaro and excelled remarkably in their respective careers. Here’s how Jaro Education provides a knack to aspirants and professionals:
-Career guidance and support throughout the program.Â
-Assistance during the admission process.Â
-Learn from industry leaders, faculty, and mentors.Â
-Leverage discussion forms for enhanced learning.Â
-Explore peer-to-peer learning experiences.Â
-Be a part of Jaro’s alumni network of more than 3,50,000+ professionals.Â
-Participate in alumni events.Â
-Stay up to date with the latest insights from your alma mater.
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