An MBA in Insurance & Risk Management is a specialised program designed to provide students with a comprehensive understanding of the insurance industry and its integral relationship with managing risk. Throughout the program, students delve into various aspects of insurance, including underwriting, claims management, actuarial science, and risk assessment. By combining theoretical knowledge with practical applications, graduates of an MBA in Insurance and Risk Management can pursue diverse career paths in insurance companies, risk management firms, financial institutions, and consulting agencies.
Learn Risk Assessment
Design Insurance Strategies
Understand Insurance Regulations
Analyse Financial Risks
Build Leadership & Communication Skills
| Course code | Title of the Course |
| MBA101 | Business Statistics and Analysis |
| MBA102 | Managerial Economics |
| MBA103 | Business Environment |
| MBA104 | Business Communication |
| MBA105 | Human Values and Professional Ethics |
| MBA106 | Financial Accounting for Managers |
| MBA107 | Computer Application in Management |
| Course code | Title of the Course |
| MBA201 | Legal Aspects of Business |
| MBA202 | Quantitative Techniques for Managers |
| MBA203 | Human Resource Management |
| MBA204 | Corporate Financial Management |
| MBA205 | Marketing Management |
| MBA206 | Operations Management |
| MBA207 | Business Research Methods |
| MBA208 | Organizational Behaviour |
| Course code | Title of the Course |
| MBA301 | Strategic Management |
| MBA302 | International Business Management |
| MBA303 | Summer Training, Project Report & Viva-voce |
| Finance (Major Specialization) | |
| MBA304 | Security Analysis and Portfolio Management |
| MBA305 | International Financial Management |
| MBA306 | International Accounting |
| MBA307 | Financial Derivatives |
| MBA308 | Project Planning Analysis & Management |
| MBA309 | Corporate Restructuring |
| Marketing (Major Specialization) | |
| MBA304 | Consumer Behaviour |
| MBA305 | Advertising Management |
| MBA306 | Strategic Management |
| MBA307 | International Marketing |
| MBA308 | Sales & Distribution Management |
| MBA309 | Planning & Managing Retail Business |
| Human Resource (Major Specialization) | |
| HR304 | Management of Industrial Relations |
| HR305 | Performance and Reward Management |
| HR306 | Legal Framework Governing Human Relations |
| HR307 | Management Training & Development |
| HR308 | Human Resource Development-Strategies & Systems |
| HR309 | Human Resource Planning & Development |
| Information Technology (Major Specialization) | |
| IT304 | Database Management System |
| IT305 | Data Communication |
| IT306 | Software Engineering |
| IT307 | System Analysis and Design |
| IT308 | Information Security |
| IT309 | E-Commerce and Cyber Law |
| Production & Operations (Major Specialization) | |
| PO304 | Purchasing & Materials Management |
| PO305 | Total Quality Management |
| PO306 | Production Planning & Control |
| PO307 | Applied Operations Research |
| PO308 | Logistics Management |
| PO309 | Goal Programming in Management |
| Insurance & Risk Management (Major Specialization) | |
| IR304 | Principles & Practices of Life & General Insurance |
| IR305 | Finance for Insurance |
| IR306 | Health and Personal Accident Insurance |
| IR307 | Data Mining Technique |
| IR308 | Actuarial Mathematics |
| IR309 | Risk Management & Life Insurance Underwriting |
| Course code | Title of the Course |
| CP401 | Entrepreneurship Development |
| CP402 | Project Management |
| CP403 | Dissertation and Viva-voce, Immersion Programme |
| Finance (Major Specialization) | |
| F404 | Security Analysis & Portfolio Management |
| F405 | International Accounting |
| F405 | Project Planning Analysis & Management |
| Marketing (Major Specialization) | |
| F404 | Advertising Management |
| F405 | International Marketing |
| F405 | Planning & Managing Retail Business |
| Human Resource (Major Specialization) | |
| HR404 | Manpower Development for Technological Change |
| F405 | Legal Framework Governing Human Relations |
| F405 | Human Resource Development: Strategies & Systems |
| Informatio n Te chnology (Major Specialization) | |
| IT404 | System Analysis & Design |
| IT05 | Information Security |
| IT405 | E-Commerce & Cyber Law |
| Production & Operations (Major Specialization) | |
| PO404 | Purchasing & Materials Management |
| PO05 | Total Quality Management |
| PO405 | Logistics Management |
| Insurance & Risk Management (Major Specialization) | |
| IRM404 | Principles & Practices of Life & General Insurance |
| IRM05 | Finance for Insurance |
| IRM405 | Health and Personal Accident Insurance |
| MBA in Insurance Risk Management | First year | Second year | ||||
|---|---|---|---|---|---|---|
| Sem-1 | Sem-2 | Sem-3 | Sem-4 | |||
| Exam Fee | ₹ 500 | ₹ 500 | ₹ 500 | ₹ 500 | ||
| Program Fee | ₹ 15,000 | ₹ 15,000 | ₹ 15,000 | ₹ 15,000 | ||
| Annual Fee | ₹ 31,000 | ₹ 31,000 | ||||
| Total Fees | ₹ 62,000 | |||||
The MBA in Insurance & Risk Management is a 2-year program with 4 semesters.
You can work as a Risk Manager, Insurance Underwriter, Claims Manager, Compliance Officer, or Insurance Advisor.
You’ll learn risk assessment, insurance operations, financial planning, compliance, and crisis management.
Yes, it helps professionals build expertise in risk and insurance management for senior roles.
Yes, SUV offers an MBA in Insurance & Risk Management specialisation through distance learning.
The program covers insurance principles, risk assessment, underwriting, claims management, and regulatory frameworks—preparing you for roles in the growing insurance sector.
This specialisation is a great choice for those interested in understanding financial risk, managing uncertainty, and working with insurance products and policies.
It opens up career paths in insurance companies, banks, and financial institutions, with roles like Risk Manager, Underwriter, Claims Specialist, and Compliance Officer offering strong growth potential.
