Academics

 

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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.

 

 

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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 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 2021 or within the extended time (not beyond 15th October 2021) ,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 5th July; 2021.First ranking list shall be published by 10th July, 2021 with waiting list of five candidates. Selected candidates shall be required to deposit the fees by 15th July, 2021. If any candidate from the main list does not deposit fees and complete the admission process by 15th July, 2021 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 20th July, 2021.

 

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 General Insurance

Advance Information Technology & Management Information System

Reinsurance

Liability and Aviation Insurance

 

Principles and Practice of Life  Insurance

Miscellaneous Insurance including cyber insurance

Business Communication- II


 

Engineering, Petrochemical &  Energy Risk

Fire Insurance

Motor Insurance

Health Insurance II

Group Insurance & Pension

 Underwriting and Risk Management

Health Insurance I

Marine Insurance

Agriculture & Crop  Insurance

Insurance Regulations

Life Insurance

Insurance Mathematics & Quantitative Techniques

 Servicing & Marketing Channels of Insurance Industry

Law of Contract & Insurance Laws

Principles of Management

Actuarial Aspects of Insurance Products

Statistics for Managers

Economics for Insurance

 

Business Communication- I


 

Principles of Marketing

HRM&

Organisational Behaviour

 

Business Ethics & Corporate Governance

Digital Marketing & Brand Management

Insurance Accounting & Investments

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

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.