MBA Insurance Distance Education Admission 2022-23: MBA Insurance in distance mode is provided almost everywhere in many institutes. This course involves the learning rules and principles of Insurance and Banking. Cooperative risk and liability are key concerns in the learning of this course.
MBA Insurance Full Form: Masters of Business Administration in Insurance
Eligibility: A student will need to qualify for a BBA Insurance degree or another degree in relevance. The minimum marks required on an average basis are 50%
Duration: The least duration of this course is 2 years.
Fee: INR 6000 to 18000 is the average fee.
University: Most renowned distance MBA insurance institutes are the Gurukul Institute of Management & Technology, Annamalai University, MIT School of Distance Education, Acharya Nagarjuna University, and so on.
Career-wise: This sector is most popular and individuals are earning INR 4 to INR 14 LPA. The job positions for such postgraduates are Insurance Manager, Banking Finance, Fund Manager, Internal Audit, Risk Manager, and Business Analyst.
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 |
| Fee Structure | Approx INR 48,910- INR 86,941 ( As per University) |
| Course Type | Autonomous |
Latest University Distance Education 2022-23
MBA Insurance Distance Education Admission 2022
MBA Insurance Distance Education Admission 2022 opens in the academic/calendar cycle year. MBA degree program in Insurance holds a two year duration. Admission to this exceptional program will only be given to candidates who were able to acquire both: Qualifying, and entrance exams. Used, and approved entrance tests for the MBA Insurance program are CMAT/CAT/XAT.
MBA Insurance ODL’s average fee for the two-year cycle is INR 1,60,000. The mentioned fee for the MBA Insurance PG program needed to deposit semester-wise. MBA Insurance program includes various subjects like practice, & principles of life insurance, general insurance, risk management, accounting insurance, statistics insurance, business communication, etc.
MBA degree in insurance improves the possibility of getting a job as a sales specialist, accounting manager, internal auditor, cashier, and more.
MBA Insurance Distance Education Eligibility Criteria:
- Candidates with a legal certificate of BBA insurance management from any known and recognized college in India are allowed to apply for entry.
- If a person desires to continue learning, he can take entry into programs like PGDM & M.PHIL.
- For admission to the MBA Insurance Distance Education, 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.
This has made this Masters’s degree or 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 range of INR 1,00,000 – INR 12,00,000 Per Year.
Process: Students can get admission to the course online and offline both types.
MBA Insurance Distance Education 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.
MBA Insurance Distance Education 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.
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 a major 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
After completing the MBA in Insurance, The candidates can get the jobs like banking finance, financial manager, business analyst, internal auditor, fund manager, risk management, and many more.
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.
- Amity University
- Lovely Professional University
- Jamia Millia Islamia
- Alliance University
- Chandigarh University
Salary
After completing the MBA in Insurance, The candidates can get an 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.
Frequently Asked Questions
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 the fees?
Ans. Students can pay their fees by online payment procedure, likewise Paypal, NEFT, Visa Card, Cash, etc.
Ques. Is this course 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.
Be the first to leave a review.