Education in Insurance

To get a streamline career in insurance it is better to think very early. After your schooling you can opt for the subjects in commerce. You can start B.A. (insurance) or general B.A. with insurance as a main subject after 10+2. Along with this there exist option of 3 years PG Diploma in Certified Risk and Insurance management, three months Certificate course in intermediaries in Specific insurance subjects, 1 year PG Diploma in Insurance and Risk Management, B.S.C (with Actuarial science as a subject), 1 year PG Diploma in Insurance Science, 2 years M.S.C in Actuarial Science and 2 years Master's program in Insurance Business.

Insurance Institute of India and Insurance Certifications

To promote the education and training in insurance Insurance Institute of India was established that earlier was called the Federation of Insurance Institutes. Insurance Institute of India was formed in 1955. Here you can get advance education to further boost your career in insurance. You can go for the International Certification in Life & General Insurance. Even there is provision for Insurance Agent's Exam under Digital Certification. There are many other professional exams that are associated with insurance in India. These are Licentiate insurance exam Associateship insurance exam Fellowship exam Certificate in Insurance salesmanship All the exam details is given on the website of Insurance Institute of India. You can check this to get any latest news on insurance sector in India as well as to check options of career in insurance.

Insurance, in general, can be termed as a risk management system that can be used to secure an asset from possible threats by paying a premium amount. Insurance companies use statistics and mathematical methods to assess a risk. There are many types of insurances like life, health, property, travel, vehicle etc. In olden days, there was only a single insurance company that was protected by the government was operating in India. But now hundreds of insurance companies are providing insurance policies to the people are in need of trained professionals. Offered Courses

Course Bachelor of Arts (Insurance) Bachelor of Science (Actuarial

Duration 3 years

Eligibility 10+2

3 years Science) Master of Science (Actuarial Science) MSc in Insurance and Risk 2 years Management 3 years

10+2

B.Sc

Graduation

PG Diploma in Management of 15 months Insurance and Financial Services PG Diploma in Certified Risk and Insurance management PG Diploma in Insurance and Risk Management PG Diploma in Insurance Science Certificate course for Insurance 1 year Managers Certificate Course in Intermediaries in 3 months Specific Insurance Subjects Course for Insurance Agents 50-100 hours 10+2 Graduation Graduation 3 years(regular), 2 years(accelerated) 1 Year(regular), 18 Graduation/C. A. months(part time) 1 year Graduation Graduation(regular), Post Graduation(accelerated) Graduation

Courses in detail..
1) Crim 2) PG Diploma in Insurance Management(specialisation: life/general)
Overview: The curriculum has been designed and developed in collaboration with expert faculty in this field. Students will get inputs on general management courses like Principles and Practices of Management. Also the program covers the practice of general as well as life insurance, all the legal aspects and risk management involved in the insurance sector. Dual (additional) Specialization

Dual (additional) Specialization is applicable for PGDIM program.

Duration and Registration Validity The duration of the PGDIM program is of one year, while the registration is valid for two years. Eligibility Graduate in any discipline, from a recognized University, OR Diploma holders, (3 years diploma from recognized Polytechnic) with minimum 5 years supervisory experience after completion of diploma.

**Students appearing for the final year of the graduation examination can also apply (subject to graduation within the time-line specified by SCDL).

Curriculum:
Code 1st Semester

11.101.01 11.279.00 11.166.02 11.169.02

Principles & Practices of Management Principles of Insurance including IT Legal Aspects of Insurance Indian Insurance Environment

11.178.01
a) Specialization - General Insurance
Code

Business Communication
2nd Semester

11.280.00 11.167.02 11.172.01 11.171.01 11.281.00

Code

Practices of General Insurance including Insurance Accounting Property & Liability Insurance Marketing of General Insurance Risk Management in General Insurance Personal and Health Insurance
2nd Semester

b) Specialization - Life Insurance

11.282.00 11.283.00 11.284.00 11.285.00 11.286.00

Underwriting & Claims Management Practices and Applications of Life Insurance Life Insurance Marketing Risk Management in Life Insurance Life Insurance Products

1) Surveyor.by irdA Subjec Subject t Code Principles & Practice of Insurance & Survey & Loss Assessment ( Section - I) Motor Insurance Engineering Insurance Miscellaneous Insurance Fire Insurance Marine Cargo Insurance Loss of Profit Insurance Marine Hull Insurance

Exam Date

Exam Time

S1

8.5.2011

2.00 P.M. - 5.00 P.M.

S6 S5 S7 S2 S3 S8 S4

8.5.2011

9.30 A.M. - 12.30 P.M.

15.5.2011 9.30 A.M. - 12.30 P.M. 15.5.2011 2.00 P.M. - 5.00 P.M.

22.5.2011 9.30 A.M. - 12.30 P.M. 22.5.2011 2.00 P.M. - 5.00 P.M.

29.5.2011 9.30 A.M. - 12.30 P.M. 29.5.2011 2.00 P.M. - 5.00 P.M.

4)
About Post Graduate Diploma in Insurance & Risk Management (PGDIRM)- Evening, International Institute for Insurance and Finance (IIIF)
The part time P.G. Diploma program is specially designed to suit working professionals who seek to make careers in insurance and risk management domain. It imparts in-depth knowledge and provides skills in the various functional areas surrounding the insurance business. Duration:- 1 year

Eligibility:- Graduation in any stream Admission:- Admission through GMAT/ AIMAT/ ATMA / AIMET/ ICET Score Merit List, Followed by Group Discussion & Personal Interview

Special features about Post Graduate Diploma in Insurance & Risk Management (PGDIRM)- Evening

15279

EntranceEx : GMAT/ AIMAT/ ATMA / AIMET/ ICET am Placement : Yes

15280

5)
International Post Graduate Diploma in Risk Management

Duration:- 1 year Eligibility:- Graduation in any discipline with minimum 50% Marks Age:- Below 30 years Admission:- Admission through performance in the personal interview. Fees:- Rs. 2,10,000/-