Admission Procedure

Our Admission Procedure

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.

MBA-INSURANCE

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

ELIGIBILITY

MBA (INSURANCE)-TWO YEAR DEGREE PROGRAM

Candidate must have

  1. Minimum 50% marks in Class 10th and 12th
  2. Bachelor’s degree in any discipline from a recognized university with at least 50% aggregate marks or equivalent CGPA.

 2. QUALIFYING TEST

The candidate must have appeared in CAT or MAT or CMAT and scored minimum-

45 percentiles in case of CAT

140 total score in case of CMAT

300 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 31st October 2023 or with extended time(not beyond 15th November 2023),which is given by University on the written request of the student giving reason 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 (Total Score)

MAT (Composite Score)

Weightage on 50

45 and above up to 50 140 and above up to 180 300 and above up to380

10

Above 50 up to 55 Above 180 up to 220 Above 380 up to 460

20

Above 55 up to 60 Above 220 up to 260 Above 460 up to 520

30

Above up 60 up to 65 Above 260 up to 300 Above 520 up to 600

40

Above 65 Above 300 Above 600

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 52 percentile

20

55

4

B

72%

36

CMAT 261 score

40

76

1

C

68%

34

MAT 530 score

40

74

2

D

80%

40

MAT 490 score

30

70

3

NUMBER OF SEATS: Maximum 40 and Minimum 15 admissions will be required to run the course.

RESERVATION

Seats are reserved as under:

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

ii. For Specially Abled Person (SAP):5%.

PROCEDURE FOR ADMISSION:

Downloaded application form along with the application fee of Rs 2000 (Two thousand Only) is to be sent to university. Application can be sent by a demand draft of Rs 2000 in favour of REGISTRAR, NATIONAL LAW UNIVERSITY JODHPUR or deposited on line at the University website(http://www.nlujodhpur.ac.in/fee.php) and the online receipt attached with the application form.

COMPLETION OF ADMISSION PROCESS

Application may be submitted from the date of Web Notification. Last date for receiving applications shall be 5th June 2023.First ranking list shall be published by 15th June 2023 with waiting list of five candidates. Selected candidates shall be required to deposit the fees by 20th June 2023. If any candidate from the main list does not deposit fees by 20th June 2023, then he/she will lose the opportunity of being admitted, thereafter and the vacant seat shall be filled from the waiting list. The candidates from waiting list, if given an opportunity, will have to deposit the fees by 25th June 2023. The admission process will be completed by 25th June, 2023.

Nature of Program >>

Fully Residential

Duration >>

MBA INSURANCE- 2 YEAR (IV SEMESTER)

Course Material – MBA Insurance 2 Year Programme

This program perfectly synchronize management and insurance in theory and practice. This program is integrated with subjects such management, finance, and marketing etc.

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&

Organizational Behavior

Business Ethics & Corporate Governance Digital Marketing & Brand Management Insurance Accounting & Investments
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 endeavor.

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:- MBA Insurance ( 2 Year)
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.