Department of commerce,Amu Introduces Masters in Insurance & Risk Management in 2018.It is a 2-year postgraduate the minimum eligibility is Graduation from a recognized college or its equivalent exam. Admission in this course depends on the student’s performance in a relevant entrance test and the consequent round of counseling.
It consolidates solid central subjects in essential business disciplines with ability in overseeing authoritative risk. The concentration is given to the insurance industry, yet with an eye towards enterprise-wide risk management. A program gives the candidates knowledge of actuary science, strategic planning and other topics essential to effective management in the insurance industry. It is two years duration course and provides different types of jobs in various fields after its successful completion.
By the end of the degree, students have acquired the fundamental and conceptual knowledge and the analytic skills to be able to deal with the problems of the insurance business within the economic context and the necessary skills in the field of adequately communicating and reporting. The course is suitable to prepare students for the insurance industry with a curriculum of business courses.
The degree's main goal is to offer students the necessary knowledge and skills to be able to understand the present and future problems in the financial and insurance world, allowing them to find solutions and to work from their specific scientific background. They can also go for further higher studies if having interest in research work.Such graduates are hired in capacities such as Insurance Underwriter, Risk Manager, Insurance Representative, Actuary, Insurance Broker, Employee Benefits Manager, Insurance Claim Adjustor, Surveyor & Claim Settler, Insurance Regulator, Consultant etc.