Academics
MBA-INSURANCE
The SIS-NLU is a coveted School of higher learning in Insurance which awards Master Degree after putting in two years of rigorous studies. The Unique feature of this course is its integration of Insurance & Management Studies. This master Degree programme combines extremely researched course curriculum integrated with industry related concepts & practices which is constantly evolved, reviewed, refined & updated to keep in pace with the challenging requirements of the corporate sector.
The post graduate programme is designed to lay emphasis on core management subjects such as finance and marketing integrated with various Insurance subjects. It is a two year programme fully residential program, which includes six weeks internship with Insurance companies (both life and non-life), Reinsurers and Intermediaries.
MBA (INSURANCE RISK MANAGEMENT)
Graduate Engineers have great opportunities in general insurance sector as their engineering background is very useful for the industry in terms of risk management , inspection and underwriting of a risk. There is an ever increasing demand in insurance and allied services sectors for Engineers with insurance background. In view of this need, a 12 months program in insurance studies were subsequently introduced exclusively for engineering graduates.This course is also integration of management subjects and core insurance subjects.
ADMISSION
ELIGIBILITY >>
I. ACADEMIC QHALIFICATION
MBA- Insurance FourSemesters 2 Years-
Candidate must have:- Minimum 55% marks in class 10th and12th.
Bachelor's Degree in any discipline from a recognized university with at least 55% aggregate marks or equivalent CGPA.
MBA- Insurance Risk Management(IRM) Two Semesters 1 Year-
Candidate must have:-Minimum 55% marks in class 10'h and 12'h.
Bachelor’s Degree in Engineering (B.E./B.Tech. in Mechanical, Electrical, Civil, Chemical and allied Engineering Streams(excluding Electronics and Tele-Communication, Computer Science and Information Technology)from a recognized university with at least 55% aggregate marks or equivalent CGPA.
A relaxation of 5% of marks for academic qualification shall be given to candidates belonging to Reserve Categories.
2. QUALIFYING TEST
For both the programmes the candidate must have: appeared in CAT or MAT or CMAT 2017/2018and scored minimum-
50 percentile in case of CAT 160totalscoreincaseofCMAT
400 composite score in case of MAT
Candidates perusing final examination of their Bachelor’s degree are eligible to apply and on selection “ they shall be given Provisional Admission subject to following conditions:
i. Such candidates must have secured at least 55% aggregate marks or equivalent CGPA inpre-final examination with passing back paper(s) ,if any in previous semesters / years.Candidates must produce the mark sheet of the final examination in original with minimum marks referred above under eligibility, before 30thSeptember 2018 or within the extended time (not beyond 15th October 2018) ,which may be given by the University on the written request of the student giving reasons for non-production of the mark sheet of the final examination. University reserves the right to deny their quest of the student.
ii. Mid-Term Examination Result of such candidates shall not be declared. If conditions No’s. (i) and (ii) referred above in this paragraph are not fulfilled, the provisional admission shall stand automatically cancelled and the University shall have no obligation to give any notice before such cancellation.
MAXIMUM SEATS
MBA – Insurance - Upto 20
MBA — Insurance Risk Management (IRM) - Upto20
The number of seats in programmes shall be interchangeable if seats in any programme remain vacant.
RESERVATION
Seats in both the courses are reserved as under:
i. Candidates belonging to SC and ST categories: 15%and7.5%respectively.
ii. Divyang (Physically Handicapped) Candidates: 3%
COMPLETION OF ADMISSION PROCESS
Application may be submitted from the date of Web Notification. Last date for applications shall be 15th June 2018.Firstrankinglistshallbepublished by20th June2018withwaitinglistoffivecandidatesfor each programme. Selected candidates shall be required to deposit the fees by 25th June 2017. If any candidatefrom
The main list does not deposit f e e s a n d complete admission process by 25th June 2018 then he
/she will lose the opportunity of being admitted the thereafter and the vacant seat shall be fulfilled from the waiting list. The candidates from waiting list if given opportunity will have to deposit the feesandthe complete admission process will be over by 30th June 2018.
Nature of Program >> Fully Residential
Duration >>
MBA INSURANCE- 2 years (4 semesters)
MBA (INSURANCE RISK MANAGEMENT) - 1 year (2 semesters)
Course Material –MBA Insurance
|
SEMESTER-I |
SEMESTER-II |
SEMESTER-III |
SEMESTER-IV |
|
Principles and Practice of Insurance |
Health Insurance I |
Reinsurance |
Liability and Aviation Insurance |
|
Fire Insurance |
Financial, Economics and Insurance Business Environment
|
Business Communication
|
Underwriting, Risk Management and Industrial visits |
|
General Principles of Contract
|
Life Insurance |
Health Insurance II |
Engineering, Petrochemical, Energy, Mega Risk and MLOP |
|
General Insurance Accounting & Investment |
Human Resources Management & Organisational Behaviour |
Actuarial Aspects of Insurance Products |
Insurance Regulations |
|
Accident I (Miscellaneous Insurance)
|
Principles of Marketing |
Motor Insurance |
Group Insurance(Life) |
|
Principles of Management |
Business Communication |
Advance Information Technology & Management Information System |
Agriculture and Crop Insurance
|
|
|
Accident II( P.A. Micro and Rural Insurance) |
Marine Insurance |
Service Marketing & Insurance Distribution Channels |
Course Material –MBA (Insurance Risk Management)
|
SEMESTER-I |
SEMESTER-II |
|
Principles and Practice of Insurance |
Liability and Aviation Insurance |
|
Fire insurance |
Underwriting, Risk Management and Industrial Visits |
|
Marine Insurance |
Engineering, Petrochemical, Energy, Mega Risk and MLOP |
|
Reinsurance |
Insurance. Regulations |
|
Motor insurance |
Business Communication |
|
Accident Insurance I (Miscellaneous Insurance) |
Service Marketing & Insurance Distribution Channels |
|
Business Communication |
Principles of Management |
|
Hazards in Industry, Property Losses and Loss Control Measures |
Human Resource Management and O.B |
TEACHING METHODOLOGY >>
TEACHING METHODOLOGY >>The teaching methodology practiced here is a successful synthesis of practical training, market research and exhaustive study of underlying principles of management that instils in students an attitude of righteous pragmatism and professionalism.
FOCUS AREA >> The School of Insurance Studies employs a comprehensive array of academic tools such as lectures, case studies, industrial visits, role plays, project studies and simulations to facilitate effective learning. A varied methodology is adopted to create a demanding and dynamic learning environment..
Research is at the core of management studies at the National Law University, Jodhpur and provides a major interface with the wider academic and business world. Groundbreaking interdisciplinary research by the faculty and the students, feeds directly into an enhanced learning environment at the University and indirectly to a wider audience of practicing managers and teachers of management. Students are given intellectual freedom to decide the nature of the research to be conducted viz. interdisciplinary research or discipline specific research, while the faculty ably guides them in their endeavour.
EVALUATION SCHEME >> The learning here is persistently evaluated through continuous assessments that include regular tests, mid and end term examinations, term papers, assignments, project presentations and class room discussions.
FEE-STRUCTURE:-
|
Particulars |
Fees |
Remarks |
|
Admission Fee |
Rs. 12,000/- |
One Time |
|
Semester Fee |
Rs. 50,000/- |
Per Semester |
|
School Development Fee |
Rs. 25,000/- |
Per Semester |
|
Internet Charges |
Rs. 10,000/- |
Per Year |
|
Support Service Charges |
Rs. 6,000/- |
Per Semester |
|
Halls of Residence Charges |
Rs. 15,000/- |
Per Year |
|
Library Security (Refundable) |
Rs. 7,000/- |
One Time |
|
Mess Security (Refundable) |
Rs. 5,000/- |
One Time |
|
Hostel Security (Refundable) |
Rs. 5,000/- |
One Time |
|
Library & Multimedia Fee |
Rs. 3,000/- |
Per Semester |
|
Journal Fee |
Rs.500/- |
Per Year |
|
Examination Fee |
Rs.1,500/- |
Per Semester |
|
Gym & Sports Fee |
Rs. 2,000/- |
Per Semester |
|
Reading Material Fee |
Rs. 2,000/- |
Per Semester |
|
Students' Welfare Fee |
Rs. 500/- |
Per Semester |
|
Total |
Rs. 1,44,500/-(One Lac Forty Four Thousand Five Hundred Only) |
|
Note: 1. The University reserves the right to revise the fees/ charges.
2. In case of withdrawal of admission from any course, on any grounds, only refundable deposits will be considered.