MBA Insurance Management Admission 2024: 31 May 2024 is the last date to apply for an MBA in Insurance Management admission in the 2024 academic session. It is a 2-year master-level program. Students can visit their selected university’s official portal to fill out the admission form. The basics of insurance and banking are covered in this course. It also shows a company’s risks and liabilities. The program gives information about insurance services and products, how insurance policies are made, and other things.
MBA Insurance Management Admission Latest Update
- Birla Institute of Management Technology, Greater Noida: BIMTECH offers an MBA in Insurance Management, covering insurance and risk management. A minimum of 50% in undergrad is required. The program costs around ₹12,00,000 for two years. Applications must be submitted by 31 May 2024. Visit: https://www.bimtech.ac.in/
- IMTS Institute: A distance learning course in MBA Insurance Management suitable for working professionals. The cost of the program is around ₹1,10,000 per year. The undergraduate minimum grade requirement is 50%. Applications should be submitted no later than May 31, 2024. Visit: https://imtsinstitute.com/
- National Insurance Academy (NIA), Pune: NIA offers an industry-specific MBA in Insurance Management. Candidates need to score 50% in undergraduate program. The total fee runs at roughly ₹11,00,000. Applications should be submitted by 31 May 2024. Visit: https://niapune.org.in/
MBA Insurance Management Admission 2024 Highlights
Category | Information |
Full Form | Master of Business Administration in Insurance Management |
About the Course | 2-year postgraduate course |
Duration | 2 years |
Eligibility | Bachelor’s degree with a minimum of 50% marks in any stream |
Examinations | CAT, MAT, SNAP, and XAT |
Fee | INR 1 lakh to INR 16 lakhs |
Approval | UGC |
Job Opportunities | Financial Manager – Risk Manager – Fund Manager – Banking Finance – Business Analyst – Internal Auditor, etc. |
Admission Process | Based on Entrance exams |
Subjects | Advanced learning of liability and corporate risk, conflict resolution, interpersonal relationships, etc. |
Distance Education | Available |
Admission Date | May 2024 |
University | IMTS Institute, William Carey, Subharti University |
Entrance Exam | May 2024 |
Placement | SBI General Insurance, HDFC Bank, Axis Bank, and LIC, Royal Sundaram |
The applicants who wish to apply for the MBA Insurance Management program must have have BA, BBA, BCA, BSW, or any UG degree from a recognized university or institute. Admission to these courses is based on National, State, or University level entrance exams such as CAT, XAT, CMAT, MAT, etc. The applicants need to fulfill these admission criteria before applying to any desired university.
Candidates are taught the skills and information they need to handle insurance problems. Many colleges and universities recognized by the UGC, like Amity University Noida, Pondicherry University, Singhania University, and others, offer programs that combine theory and practice. The total cost of the MBA Insurance Management program is between INR 78,000 and INR 2,40,000 per year. If a student gets this degree, they can get good jobs in banking and insurance.
Top MBA Specializations
MBA Insurance Management Admission 2024
Various Universities have started XAT & CAT Entrance Exam registration based on eligibility criteria. The admission of an MBA in insurance management Postgraduate degree program begins every year in January in various universities. The last date to apply for MBA Insurance Management admission is 31 May 2024.
Admissions will be based entrance exam and merit score for the MBA Insurance Management course. For applying in this PG specialization, a UG degree in any stream is required along with a 50% score.
Eligibility Criteria for MBA Insurance Management Admission
The application form for admission to the MBA Insurance Management program welcomes candidates who have secured the minimum eligibility, as shown below.
- A minimum score required for the candidates is 50% to be eligible, whereas the SC/ST candidates will be selected based on a 45% score.
- Individuals will be admitted to the course after meeting the criteria according to which each candidate should be qualified up to graduation.
- Every aspirant must qualify for a national entrance exam such as CAT, MAT, XAT, etc.
Application Fee for MBA Insurance Management Admission
- Applicants can apply to the MBA Insurance Management regular and professional degree program online/offline. The application form fee for the MBA Specialized program ranges from INR 200 to INR 1000. Deposit of the MBA IM fee is possible through online banking, cards, or demand draft options.
MBA Insurance Management Entrance Exam
- The confirmation for admission to the MBA Insurance program is regularly sent to the registered mobile number and email ID of applicants.
- A final admission decision is made after verifying the entrance exam scores and qualifying exams. CAT, CMAT, or MAT scores are valid for admission.
Top Colleges for MBA Insurance Management Admission 2024
- Burdwan University – University of Burdwan, Bardhaman
- Pondicherry University – Pondicherry University, Puducherry
- Amity University, Mumbai
- Jamia Hamdard, New Delhi
- Singhania University, Jhunjhunu
MBA Insurance Management Syllabus
Due to the scope of the Insurance Management field, the demand for an MBA Insurance Management program is high. As part of this management program, students will read syllabi such as Principles and Practice of Life Insurance, Risk Management and Insurance, Principles and Practice of General Insurance, Insurance Salesmanship, and Strategic Management.
Scope of MBA Insurance Management
A postgraduate MBA in insurance management is ideal for those who want to build a career in insurance management. Due to the MBA IM program’s successes in recent years, we have witnessed tremendous growth in registration and admission.
Students interested in doing research can also use the MBA in Insurance Management degree to gain admission to the top research-level programs because the Insurance Management PG degree encourages students to earn more for the in-depth understanding of the course.
MBA Insurance Management Admission: Salary & Job Positions
Candidates with a PG in Insurance Management may find employment as a capacity manager, sales manager, financial manager, Fund manager, etc. Such professionals can earn up to INR 5,00,000-12,00,000 p.a.
Other Best MBA Specializations
Some Other Courses