Master in Insurance Business (MIB)

Master in Insurance Business (MIB)

Insurance is an upcomming field in so far as its job potential is concerned. There is wide scope of direct employment as agent, brokers, bank office operation staff, surveyors and assessor managers for functions like sales and marketing, acturial & underwriting, board and Secretariat, Asset Management etc. The minimum duration of this courses is two years. Howevers, if a candidate leaves this course after successful completion of first year the candidate will be awaeded PG Diploma in Insurance.

Course Content:

MIB - 1st Year

Conceptual Foundations of Insurance
Economic Environment and Insurance
Accounting & Finance
Legal Aspects of Insurance
Insurance Procedures & Documentation
Marketing & Salesmanship
Training-Cum-Project Report

MIB - 2nd Year

Risk management
Principles of Management
Economics of Insurance

Optional : Opt any Three Paper from anyone Stream

A - Life Insurance

Principles & Practice of Life Insurance
Life Insurance Understanding
Modern Application of Life Assurance
Life in Assurance Administration
Actuarial Valuation

B - General Insurance

Principles & Practice of General Insurance
Fire Insurance Claims
Motor Insurance
Agricultural Insurance
Marine Insurance