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.


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.









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.


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.


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.


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%


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 





Principles and Practice of  Insurance

Health Insurance I


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)



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


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 >>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.





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


Per Year

Examination Fee


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


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.