Amity Distance MBA in Insurance Management is a course offered by Amity University through the Amity Directorate of Distance and Online Education (ADDOE). To know more about this course please read the whole post very carefully.
Introduction to MBA in Insurance Management
MBA in Insurance Management or Master of Business Administration in Insurance Management is a postgraduate Insurance program.
The course focuses on knowledge and skills required by management professionals who plan to work for Indian and multinational corporations.
It provides the students with a general management perspective and introduces them to the latest concepts and practices related to functional areas of management.
Further, MBA Insurance students are capable for resolving conflicts and negotiating with others.
The ability for establishing and maintaining interpersonal relationships, an inclination for communicating with persons outside the organization.
Furthermore, In addition a desire for getting information and a capability for selling or influencing others. After passing the course, they have many jobs scopes in various fields.
Benefits of Amity Distance MBA in Insurance Management
By the end of the degree, students acquire the fundamental and conceptual knowledge.
They also get the analytic skills to be able to deal with the problems of the insurance business within the economic context
The necessary skills in the field of adequately communicating and reporting;
The course offers students the necessary knowledge and skills to be able to understand present and future problems in the financial and insurance world,
Further, It allows them to find solutions and to work from their specific scientific background.
After passing this Master Degree course, they can also go for teaching professions both in colleges/universities on regular basis and that of private.
Furthermore, This course is ideal for the students who want to develop skills to deal with Organisational Risk and its management.
It is also ideal for medical professionals looking to branch out into Insurance Management.
Why Amity Distance MBA in Insurance Management?
As we all know Amity University is one of the first preference for pursuing MBA from distance learning
It is also one of the top 5 universities for Distance Learning MBA.
All the courses of amity university distance learning have approvals from UGC and DEB. Also, Amity is first private university having ISO – 14001 Certification
Further, Online MBA is ranked 3rd by business world and 4th by DNA Indus Leading Survey
MBA course by Amity Distance Learning School has many outstanding features which makes all difference.
Furthermore, You can find out about them by looking in points below.
- Its curriculum is industry driven designed by professional experts from management industry.
- This curriculum is continuously updated as per industry requirements.
- Learning Resources are available online 24X7 just a click away.
- Real life work projects during the course to tackle real life management problems.
- Use of case studies and examples to understand the mechanism of corporate management problems.
Career/Jobs Opportunities After Amity Distance MBA in Insurance Management
Really, there are lots of Career/jobs opportunities after distance MBA from Amity University for students.
Distance learning MBA in Insurance Management prepares candidates to pursue careers in financial analysis, product management, or even insurance underwriting.
Over a span of two years, we provide candidates with a foundation to develop and pursue their core competencies and take on more challenging roles in Business Insurance
Graduates from this field can work as the development officer in insurance firms, their main task is to market and procure business.
Further, Post-graduates can work as Assistant Administrative Officers through the employment exam conducted by the insurance companies.
The main government companies that employ these graduates such as Postal Life Insurance, General Insurance Corporation (GIC) and Life Insurance Corporation of India (LIC).
Furthermore, Candidates can also find jobs in insurance, consulting, business advisory, financial services, banking, and risk management.
Many MNCs have come forward in the insurance field such as Tata AIF Life, Reliance, ING Vysya Life, ICICI Prudential, HDFC Standard Life-Insurance Co., Birla Sun-Life, SBI Life Insurance, Om Kotak Mahindra, Max New York Life are some of the top companies in the private sector.
Insurance organizations also recruit independent professionals such as mechanical engineers and doctors as insurance inspectors to access the actual loss and avoid the false claim made by insured.
Eligibility Criteria for Amity Distance MBA in Insurance Management
Applicant must possess sufficient knowledge and understanding of English Language.
Further, Candidates whose first Language is not English must have completed at least three (3) years of Academic Qualifications under English Medium.
10th Class Completion Certificate(Completion 10 years of Formal Schooling)
Followed by, 12th Class Completion Certificate (Completion 12 years of Formal Schooling)
Further, Graduation completing Degree (3 Years or 4 Year Degree Program. Diploma will not be acceptable )
Most noteworthy, minimum 40% or equivalent Marks in Graduation.
Whereas, Students with Foreign Education need
O level Certificate
Followed by, A level Certificate
Further, Graduation Degree with Minimum 40% marks
And Certificate of Equivalence from Association of Indian Universities to apply in any Indian University.
Subjects of Amity Distance MBA in Insurance Management
Amity Distance MBA is a two year Degree program with the subjects as followed –
The two-year program covers business theories followed by the practical implementation to provide the skills in real time management and Decision making.
- Management Concepts & Organizational Behaviour
- Managerial Economics
- Accounting for Managers
- Business Environment & Law
- Research Methodology
In Semester II
- Financial Management
- Marketing Management
- Human Resources Management
- Operations Research and Management
- Strategic Management
In Semester III
- Principles And Practice of Life Insurance
- Principles And Practice of General Insurance
- Risk Management And Insurance
- Insurance Law And Regulations
- Marine And Rural Insurance
Further, In Semester IV
- Investment And Portfolio Management
- Fire And Motor Insurance
- Actuarial Mathematics And Services
- Marketing of Insurance Services
Admission Procedure For Amity Distance MBA in Insurance Management
Admissions in Amity Distance MBA is open throughout the year.
Here is the procedure to enroll yourself-
Admission in Amity distance learning MBA is very easier in comparison to other Universities
An aspiring candidate can easily visit the official website of amity online Upload the necessary documents and finally re-check all the documents and apply online
As well as can contact Distance Education Delhi for free guidance.
Upload the necessary documents and finally re-check all the documents and apply online
Further, Documents required for online application
- 10th class completion
- 12th class completion
- Graduation degree with minimum 40 % marks
Whereas, Students with Foreign Education need
- O level Certificate
- A level Certificate
- Graduation Degree with Minimum 40% marks
- Certificate of Equivalence from Association of Indian Universities to apply in any Indian University.
Although as we said that Admissions are open throughout the year but still a schedule is maintained by the university as well-
The students registered after August and up to 28 February are eligible to appear in the semester exam to be held in June.
Further, The students registered after March and up to 31 August will be eligible to appear in semester exams to be held in December.
Confirmation of receipt of the applicant will be sent within 10 days of application and student ID will be allotted.
Fee structure of Amity Distance MBA in Insurance Management
Two options for payment are available
Full Fee Payment
One time payment: INR 1,26,800/-
Further, Students can also pay the fee semester wise
Semester 1: INR 30,500
For Semester 2: INR 35,500
For Semester 3: INR 35,400
Further, For Semester 4: INR 35,400
Furthermore, Examination fee of Rs. 100 / subject is included in Semester Fee.
As well as, Amity University Distance MBA is providing add-on services for
Personal Contact Program ( Face 2 Face training): INR 5000/per semester for hours of sessions per subject
One on one live query handling sessions: INR 2000/subject/session for a 45 minutes session
Further, Reference books: at actual cost
Virtual Recorded Sessions: INR 3000/subject for highly structured virtual recorded classes
Furthermore, Demand draft for the first installment of fees is to be made in favor of
“Amity Centre for E-Learning,” payable at Noida.
Although, Amity University Doesn’t offer any scholarships but they do have fee concession for Defence/JC officer and other ranks.
As well as, University also offers concession to physically disabled and reserved category students.
Placement Assistance by Amity Directorate of Distance and Online Education (ADDOE)
Amity has its own placement cell to ensure placement assistance to aspirants.
As well as, Amity University also organizes various placement drives and corporate training to develop the skills of their students.
Let’s see what alumni’s has to say about the University –
The meticulous curriculum and study material, as well as support from Amity team, was tremendous – VP Max Group of Hospitals
I give whole credit of my success to Amity and its distance learning MBA Programme.
Most of all I would like to thank the officials and coordinators who guided me well – Retired additional DG BSF
Therefore, An aspirant can enquire about the course or university to get assistance from industry experts.