MBA Insurance Distance Education Admission: It is a 2-years postgraduate course. Any professional needs to get great expertise in a specific needed field, and this is why an MBA in Insurance is also available in many different parts of the world. People who have been familiar with the insurance sector can get advanced knowledge about this subject concerning its operations, procedure, and processes.
It is a banking management program that envelopes insurance. It is one of the highest selected degrees in India. It is a Masters’ stage degree that many big universities of India offer to the candidates once they have completed their graduation in a relevant field.
- If a student wants to get an MBA in Insurance, it takes two years to finish the course.
- The cost of the course is usually around INR 75,000 and INR 13,50,000.
- Choosing this course gives you the option to finish it in DDE mode.
- There are entrance examinations like the GMAT or the MAT that students who would like to take this course need to get good scores.
- The average pay that a person can get after they finish MBA is usually between INR 2.5 and 6 lakh.
- As the student gains experience and expertise in their job, their average salary will rise.
MBA Insurance Distance Education Highlights
| Approved By | UGC (University Grant Commission) |
| Duration | 2 Years |
| Eligibility | Graduation |
| Type | Online / Distance |
| Level | PG Course |
| Admission Process | Online / Offline |
| Fees Approx | INR 48,910- INR 86,941 ( As per University) |
| Course Type | Autonomous |
Insurance is a means of protection from financial loss. The insurance transaction includes the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer’s promise to compensate the insured in the event of an enclosed loss. MBA in Insurance makes candidates pursue careers in financial analysis or even insurance underwriting.
The MBA Insurance Distance Education is a PG degree where the subjects of business are taught with respect to the Insurance subjects and Insurance related operations and law. This degree also provides extra expertise and knowledge through different case studies and real-world scenarios over two years through the research thesis completed at the end of the program as well. It is offered in different prospects in accordance with the needs of the students and the professionals too.
Latest University Distance Education 2022
MBA Insurance Distance Education Admission 2022
- The applicants can apply for the admission MBA Insurance course in the Lovely Professional University, Jalandhar.
Process
Students can get admission in the course online and offline both types.
Online Admission Procedure:
- Firstly students need to move on to the university/college website link.
- On the website link, the application form will be available.
- On the application form fill in the all-important details as required.
- After filling in all details check it properly and attach the required documents.
- After completing the all process click on the submit button.
Offline Admission Procedure:
- For admission in offline mode, candidates need to visit the University/College website.
- Through the official website download the application form and take a printout.
- In the given blank box fill details as required.
- Attach all required documents, and make a demand draft in favor of the university/college.
- Submit the application form through courier and another medium at the university/college campus.
MBA Insurance Distance Education Eligibility Criteria:
- Students with a legal certificate of BBA insurance management from the any recognized university in India are allowed to apply for admission.
- If a person desires to continue learning, he can enter programs like PGDM & M.PHIL.
This has made this Masters’s degree of MBA in Insurance even more demanded as well.
Duration:
- The duration of MBA insurance is 2 years. It is divided into 6 Semesters.
Fees:
The students can check the MBA Insurance Average Fee approx INR 1,00,000 – INR 12,00,000 Per Year.
Suitability:
There are different requirements that make this master’s degree easier to attain and give them an extra competitive advantage over others as well. These extra skills that might work splendidly for this MBA with majors in Insurance degree are given as follows
- Those students that have a keen interest in knowing about the insurance plans, operations, and skills are very well suited for this postgraduate program.
- Professionals who are already in this Insurance field and want to gain extra knowledge of the upcoming trends and processes are the ideal candidates for this master’s program.
- Students who wish to have safety risks and great coverage skills in them already are greatly adept at learning more through this postgraduate degree as they understand the risks, the processes, and operations really well and quickly in comparison to others.
Teaching Modules:
There are many other modules that are available for the attainment of the MBA in Insurance besides the full-time 2-year Insurance postgraduate program on campus. These greatly help professionals to take part in this master’s degree program as well. Since their schedule may vary in accordance with the needed work of these professionals hence this postgraduate degree program may take more than 2 years to be completed.
- MBA Insurance part-time (2 + years for professionals)
- MBA Insurance full-time (2 years for students)
- MBA Insurance online education (2+ years for professionals)
- MBA Insurance distance education (2+ years for professionals)
Hence the MBA Insurance program is a very global postgraduate degree that can provide a lot of expertise through this two-year master’s program.
Employment Section
- Reliance
- Tata AIF Life
- HDFC Standard Life Insurance Co.
- Colleges & Universities
- Om Kotak Mahindra
- ICICI Prudential
- SBI Life Insurance
- Max New York Life
- Birla Sun-Life
Jobs Types
- Consultant & Advisor
- Lecturer & Professor
- Asset Management
- Corporate Finance
- Corporate Banking
- Credit Risk Management
- Financial Analyst
- Underwriter
- Derivatives Structuring
- Hedge Fund Management
- Private Equity
- Actuary
- Internal Auditor
- Business Analyst
- Treasury
Job Area
The students can get jobs in top areas like HDFC Bank, SBI general insurance, LIC, Axis Bank, Royal Sundaram, etc.
MBA Insurance Colleges in India
The Universities are providing the course MBA in Insurance Distance Learning. Students can check the name of the top Universities and Colleges given below.
- Lovely Professional University
- Alliance University
- Chandigarh University
Amity University, , Noida
The students can apply for the admission MBA Insurance course in the Amity University, Noida.
Jamia Millia Islamia, New Delhi
The candidates can apply for the admission MBA Insurance course in the Jamia Millia Islamia, New Delhi.
Salary
After completing the MBA Insurance, The candidates can get the average salary of Rs 4,00,000 to Rs 14,00,000 LPA.
| Jobs Types | Salary |
| Financial Manager | 9,56,578 |
| Financial Adviser | 3,03,833 |
| Management Analyst | 7,20,780 |
| Risk Manager | 9,88,324 |
| Risk Management Consultant | 7,14,357 |
| Senior Risk Manager | 15,37,041 |
| Strategy Manager | 17,77,785 |
| IT Manager | 10,47,559 |
| HR Manager | 6,13,085 |
MBA Insurance Distance Education Syllabus
| First Year | Second Year |
| Principles and Practices of Management | Statistic for Management |
| Communication Management | Organizational Behaviour |
| Accounting for Managers | Team management |
| Principles & Practices of Banking | Legal Aspect of Banking |
| Economics for Managers | Treasury & Risk Management |
| Financial Management | Strategic Credit management |
| Insurance Management | Resource mobilization and marketing of banking services |
| Insurance Product | Retail Insurance management (housing, vehicle, consumer and personal loans, etc); OR advance technology in banking (ATM, Internet banking, etc) |
| Marketing Management | Counter operations, savings bank, current account, and remittances |
| Marketing Information System | Mutual funds and portfolio management |
| Human Resource Management | Fundamentals of infrastructure project financing |
| Merchant Banking & Financial Services | Corporate Insurance management |
More Courses
| Human Resource Management | Hotel Management | Hospital and Health Care Management |
| E-Commerce | Personnel Administration | Supply Chain Management |
| Pollution Control Management | Total Quality Management | Banking Insurance Management |
| Aviation Airport Management | Finance Management | Operations Management |
Conclusion
MBA in insurance is a course of management in the faience insurance and banking sectors. So Basically this course will polish your skills related to banking knowledge and financial knowledge. All details are like colleges, fee structure, syllabus, job opportunities, and teaching methods given on this page. So follow the criteria and get admission and complete your aim.
For More Details:
FAQs:
Ques. How can I take admission?
Ans. One can apply for taking admission either online mode or offline mode( i.e. a filling form with your own handwriting). If you face any kind of difficulty, you can also talk to our expert. and also can mail all documents on mail id and can pay fees by online process.
Ques. What is the eligibility for this Course?
Ans. it is important that the student or the applicant who is willing to take part in this master’s degree program has completed a bachelor’s degree in business administration and has successfully completed it through at least a three-year bachelor’s program as well. There might be some other requirements if professionals choose to acquire this postgraduate degree through the specially designed teaching methods available for them in line with flexible schedules as well.
Ques. How can I pay fees?
Ans. Students can pay their fees by online payment procedure, likewise Pay pal, NEFT, Visa Card, Cash, etc.
Ques. Is this course is approved for my job?
Ans. Yes, the Courses offered by our institute that is approved by UGC and DEB. These courses are valid for Govt jobs and also any govt examination.