Master of Business Administration [MBA] (Risk and Insurance)

2 Years
Degree
Post Graduation
Full Time

MBA Risk and Insurance Admission 2024: Entrance Exam, Eligibility, Syllabus

byGaganDeep
Updated on - 24 Aug, 2024

The MBA in Risk and Insurance is a 2-year full-time post-graduate management degree specialized in risk management and insurance. The curriculum offers more complex information and skills regarding such fields as risk assessment, actuarial science, insurance legislation, underwriting, claims processing. They also get practical experience through internships and projects to be undertaken for insurance firms.

The entrance tests that are considered for admission to MBA Risk and Insurance are CAT, XAT, MAT, ATMA, CMAT, GMAT, and NMAT. Any one of these standardized tests, academic record, work experience and the performance in group discussion and personal interview conducted by the institute come into play for screening the candidates. It is open to new entrants and those who have had a few years of experience in the job market.

MBA Risk and Insurance Course Highlights 2024

Event Details
- Full Form Master of Business Administration in Risk and Insurance
- Duration 2 years
- Course Level Postgraduate
- Eligibility Bachelor's degree in any discipline
- Top Colleges IIMs (Indian Institute of Management), IITs (Indian Institute of Technology), NMIMS (Narsee Monjee Institute of Management Studies)
- Entrance Exam Entrance Exam conducted by respective colleges, CAT (Common Admission Test), GMAT (Graduate Management Admission Test), XAT

MBA Risk and Insurance Course Eligibility 2024

1. A minimum of 50% marks in any discipline at the graduate level from any university recognized by the university granting the MBA degree is necessary. 

2. Applicants should have 2-3 years of prior work experience preferably in the field of insurance, banking, financial services or risk management; however, fresh graduates are also welcome. 

3. The CAT / MAT / XAT entrance tests / GMAT, and only valid scores for these tests. Certain colleges may also accept the scores of exams like CMAT, ATMA, UPSE, state level exams.

4. This process does not have any upper limit. It may be opted by fresh graduates as well as working professionals who need a career switch to the insurance industry.

5. Some required personal attributes include good quantitative, analytical and communication skills. Computer literacy is also essential as well as basic math skills.

6. Group discussion and personal interviews are mandatory for shortlisted candidates and these sessions help the selectors assess the candidate’s aptitude and interest in the insurance industry.

MBA Risk and Insurance Syllabus 2024

Subject Topics
Risk Management Risk identification, Risk assessment, Risk mitigation, Risk transfer
Insurance Management Insurance principles, Insurance products, Insurance marketing, Insurance claims
Financial Risk Management Financial risk identification, Financial risk assessment, Financial risk mitigation, Financial risk transfer
Enterprise Risk Management Enterprise risk identification, Enterprise risk assessment, Enterprise risk mitigation, Enterprise risk transfer
Statistical Analysis Statistical concepts, Data analysis, Probability, Regression
Financial Management Financial concepts, Financial statements, Financial planning, Financial control
Economics Microeconomics, Macroeconomics, International trade, International finance
Electives Risk modeling, Risk analytics, Insurance regulations, Reinsurance
Research Project Research methodology, Literature review, Data collection, Research report writing

Top Private Master of Business Administration [MBA] (Risk and Insurance) Colleges in India with Fee Structure

Tabulated below is the collection of the Top Private Master of Business Administration [MBA] (Risk and Insurance) Colleges in India with Fee Structure, including their key features.

Name of the institute Location Fees
Arunodaya University Itanagar, Arunachal Pradesh --
Bharatiya Engineering Science & Technology Innovation University Anantapur, Andhra Pradesh INR 500,000
Himalayan University Itanagar, Arunachal Pradesh INR 85,000

Top Government Master of Business Administration [MBA] (Risk and Insurance) Colleges in India with Fee Structure

Tabulated below is the collection of the Top Government Master of Business Administration [MBA] (Risk and Insurance) Colleges in India with Fee Structure, including their key features.

Name of the institute Location Fees
National Law University Jodhpur Jodhpur, Rajasthan INR 259,000
Thiruvalluvar University Vellore, Tamil Nadu INR 80,000
Banaras Hindu University Varanasi, Uttar Pradesh INR 300,000

magnifier