Post Graduate Diploma in Risk & 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


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 Engineering & 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
(Inclusive of Prospectus, Registration, Course fees &, assignment fees):
Total Fees Payable at one time First Installment at the
time of admission Second Installment Payable after
3 months from date of admission
Rs. 19000/- Rs. 11000/- Rs. 9000/-

Course Fees for NRI & Foreign Students
(Inclusive of Prospectus, Registration, Course fees &, assignment fees):
Total Fees Payable at one time First Installment at the
time of admission Second Installment Payable after
3 months from date of admission
$ 950 $ 575 $ 475

Exam Fee Per attempt:
Exam fees per subject per attempt is Rs. 200 / US $50.