Admission Procedure

Our Admission Procedure


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 four to six weeks internship with Insurance companies (both life and non-life), Reinsurers and Intermediaries.

ADMISSION 2024-2026



  1. Applicants must have Minimum 50% marks in class 10th and 12th and a Bachelor’s degree in any discipline from a recognized university with at least 50% aggregate marks or equivalent CGPA.
  2. Applicants pursuing final examination of their Bachelor’s degree are eligible to apply. They are required to submit the Marksheets upto last year / last semester passed. On selection they shall be given provisional admission subject to fulfillment of the following conditions:

Candidates must produce the mark sheet of the final examination in original with minimum marks referred above under eligibility, on or before 31st August, 2024 along with the Migration Certificate from the former educational institution.


Merit list of the eligible applicants will be prepared based on:

  • Percentage or Equivalent percentile in graduation: 70% (Weightage)
  • Group discussion                                                   : 15%  (Weightage)
  • Personal interview                                                 : 15%  (Weightage)


is required to be filled by the candidate.

  • Application fee of Rs 2000/- is required to be deposited online ( and the Receipt No. (Payment Id No.)of the same is to be filled in the online application form.
  • Self attested copies of 10th, 12th, Graduation Marksheets and Domicile Certificate should be uploaded online. In case of candidate pursuing Final year / Semester of Graduation, Marksheets upto the last year / semester passed should be uploaded.
  • The shortlisted applicants will be called to participate in Group Discussion and Personal Interview scheduled by the University.
  • Subsequently, the University shall publish the list of selected applicants along with a waiting list on 10th May, 2024.
  • The selected candidate shall be required to deposit the fee on or before 19th May, 2024. If the selected candidate does not deposit the fee on or before 19th May, 2024 then he/she shall lose the opportunity of being admitted and thereafter the vacant seat shall be filled from the waiting list.
  • The applicants from the waiting list, if offered an opportunity, shall have to deposit the fees on or before 29th May, 2024.



The Reservation Policy of the University is as follows:

i. Applicants belonging to SC and ST categories: 15% and 7.5% respectively

ii.OBC: 21%

iii.MBC of Rajasthan: 6%

iv. Specially Abled Persons (SAP): 5%

v. Domicile Reservation: 25% (Horizontal)


Post Graduate Degree Program in MBA (Insurance)

Semester I Semester II Semester III Semester IV
Principles and Practice of General Insurance


Business Communication- I Reinsurance Liability and Aviation Insurance
Principles and Practice of Life Insurance


Miscellaneous Insurance Business Communication- II Engineering, Petrochemical & Energy Risk
Fire Insurance


Risk Management Health Insurance II Group Insurance & Pensions
Motor Insurance


Life Insurance Marine Insurance Agriculture & Crop Insurance
Insurance Regulations


Health Insurance I Insurance Mathematics & Q.T. Research Methodology & Statistics
Law of Contract & Insurance Laws


Principles of Management Insurance Marketing HRM & Organizational Behavior
Managerial Economics


Business Analytics Insurance Accounting and Investment.


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.