School proposes to offer education in areas, which have hitherto not been conventionally provided. With the opening up of the Insurance sector, the insurance industry is on the path of tremendous growth in terms of new and innovative products, new improved services and with it, is emerging a need for new breed of insurance leaders who are capable of managing the newly emerging insurance scenario. The companies now look in their future employees a strategic focus and strong analytical skills. The
School aims at preparing insurance professionals through traditional classroom teaching with practical knowledge ingrained in them.
The School aims to create success for students by establishing standards of highest order in the discipline of Insurance Management education and by supporting them with all the knowledge and skills required for the making of a hardcore professional with global perspective that can confidently face the challenge of ever volatile business environment.
The sector is now witnessing an explosive growth as a result of the entry of private sector and being aware of the present day needs of the industry, the kind of courses both at graduate and post graduate level being offered by the
School aim at creating new standards of excellence in insurance education and at creating top notch insurance professionals/ leaders with rich mix of contemporary theory and practice of management skills.
The course in Insurance and Risk Management provides students with an understanding of non speculative risk and the methods for managing such risk. Emphasis is placed on developing risk management tools and insurance to reduce the impact of financial loss. Students are also introduced to the complexity of the mechanism of insurance as it
operates under the diverse and sometimes conflicting interests of private enterprise and public policy.
The course structures both at graduate and postgraduate levels are blend of general management subjects and insurance management subjects to ensure fusion of general management education with a specialized expertise. The students are exposed to the legal, actuarial, financial and economic principles underlying corporate and public
sector risk management with specific applications to individual, business and social problems. In addition, the functional areas of insurance companies management e.g. investment policy, financing, marketing, pricing, underwriting, etc. are explored in depth. Risk Management and insurance theory, functions and strategies are all investigated against a background of accelerating change in legal, regulatory and economic environment.