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.
ADMISSION
ELIGIBILITY >>
1. ACADEMIC QUALIFICATION
Candidate must have Minimum 50% marks in class 10thand 12thand a Bachelor's Degree in any discipline including B.E./B.Tech. from a recognized university with at least 50% aggregate marks or equivalent CGPA.
A relaxation of 5% marks for academic qualification shall be given to candidates belonging to reserve categories.
2. QUALIFYING TEST
The candidate must have appeared in CAT or MAT or CMAT 2018-2019 and scored minimum-
50 percentile in case of CAT
160 total score in case of CMAT
400 composite score in case of MAT
Candidates perusing final examination of their Bachelor’s degree are eligible to apply but on selection they shall be given provisional admission subject to the following conditions:
i. Such candidates must have secured at least 50% aggregate marks or equivalent CGPA in pre- final examination with passing back paper(s), if any in previous semesters / years.
ii. Candidates must produce the mark sheet of the final examination in original with minimum marks referred above under eligibility, before 30th September 2019 or within the extended time (not beyond 15th October 2019) ,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 the request of the student.
iii. Mid-Term examination result of such candidates shall not be declared.
iv. If condition 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.
SELECTION CRITERIA
Admission shall be based on merit determined by calculating the following weightage:
1. 50% for marks obtained in Graduation / in pre-final examination in case of candidates perusing final examination of their Bachelor’s degree.
2. 50% for Qualifying Test on following scale:
CAT (Percentile) |
CMAT (TotalScore) |
MAT(Composite Score) |
Weightage on 50 |
50 and above up to 55 |
160and aboveupto 200 |
400 and above up to480 |
10 |
Above 55 up to 60 |
Above 200 upto240 |
480 and above up to 560 |
20 |
Above 60 up to 65 |
Above 240 up to 280 |
560 and aboveupto 640 |
30 |
Above up 65 up to 75 |
Above 280 up to 320 |
640 and above up to 720 |
40 |
Above 75 |
Above 320 |
Above 720 |
50 |
Selection Criteria Explained.
Candidate |
Graduation |
Qualifying Test |
Total out of 100 (A+B |
Rank |
||
% |
Weightage on 50(A) |
Test &Score |
Weightage on 50 (B) |
|||
A |
70% |
35 |
CAT 57 percentile |
20 |
55 |
4 |
B |
72% |
36 |
CMAT 300 score |
40 |
76 |
1 |
C |
68% |
34 |
MAT 700 score |
40 |
74 |
2 |
D |
80% |
40 |
MAT 620score |
30 |
70 |
3 |
NUMBER OF SEATS: 40
RESERVATION
Seats are reserved as under:
i. For candidates belonging to SC and ST categories: 15% and 7.5% respectively.
ii. For 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, 2019.First ranking list shall be published by 20th June, 2019 with waiting list of five candidates. Selected candidates shall be required to deposit the fees by 25th June, 2019. If any candidate from the main list does not deposit fees and complete the admission process by 25th June, 2019 then he/she will lose the opportunity of being admitted 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 fees within the given time frame and the complete admission process will be over by 30th June, 2019.
Nature of Program >> Fully Residential
Duration >>
MBA INSURANCE- 2 years (4 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 |
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 |
Period |
Admission Fee |
Rs. 12,000/- |
One Time |
Semester Fee/Tuition Fee |
Rs. 60,000/- |
Per Semester |
School of Insurance Fee |
Rs. 27,500/- |
Per Semester |
Other Fee |
Rs. 30,000/- |
Per Semester |
Refundable Security |
Rs. 17,000/- |
One Time |
Total Fee for I Semester Student |
Rs. 1,46,500/- |
|
Total Fee for II Semester Student |
Rs. 1,17,500/- |
|
Total Fee for III Semester Student |
Rs 1,17,500/- |
|
Total Fee for IV Semester Student |
Rs 1,17,500/- |
|
Total Course Fee |
Rs. 4,99,000/- (Four Lakh Ninety Nine Thousand 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.