PGDM in Insurance & Risk Management in Pune

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What is PGDM Insurance & Risk Management Program?

PG Diploma in Insurance and Risk Management is an important branch of a study finding its place recently. Risk Management includes financial risk management, environmental risk management, enterprise risk, IT and Security Risks management, Credit Risks management, wealth risk management, etc.

PGDM In Insurance & Risk Management aims to develop skills in risk, financial, and insurance services administration in students, which are needed to compete with top executives from global corporations to find jobs easily in this emerging sector.

Why PGDM in Insurance and Risk Management Program?

The turbulent economic times of recent years have significantly impacted how businesses compete and work today. Companies that used to run smoothly with predictions and estimates are now avoiding making firm business decisions. Today's businesses are putting a renewed emphasis on the understanding of risk management. Hence a PGDM in Risk Management and Insurance becomes necessary for future corporate managers.

Risk necessitates insurance. Insurance is a risk management technique of the corporate sector. The insurance industry is adjusting to the ever-evolving market challenges, and the dynamics of insurance are shifting with the emerging business models and goods.

Why PGDM in Insurance & Risk management Program at ISB&M?

In today's unpredictable market climate, the skills gained in Post Graduate Diploma in Insurance and Risk Management at ISB&M provide students with appropriate strategies for developing quality risk management models. For those interested in the general discipline of risk and business management, it is a post-graduate course that combines the practical and theoretical integration of the studied ideas and techniques.

PG Diploma in Insurance and Risk Management is a program designed to teach students how to assess severe, unpredictable incidents in the workplace. The abilities would aid in understanding both the organizational and financial risks that financial institutions pose in their daily operations.

Course Highlights

PGDM in Insurance & Risk management Program is focused on developing fundamentals of risk and finance and critical thinking abilities for data-based decision making. The pedagogy will generally consist of notes (Slides and whiteboard) and in-class discussions. The course pedagogy will involve using the case method, Business simulations, Discussion on Business Articles, Project presentations, Group discussions, Guest Lectures, Workshops, and Class activities to develop the above attributes.

Important Learning goals for students from this course are:
  • LG1: To develop an understanding of risk management concepts and fundamentals of risk management
  • LG2: To use tools of risk management to examine company issues and business situations from various angle
  • LG3: To develop coordination, communication, teamwork, and leadership abilities.
  • LG4: To understand the complexities of insurance market conditions and risk management practices in the Insurance sector
  • LG5: To develop an understanding of effective decision making needed to be efficient corporate managers
Program Structure:

The PGDM in Insurance and Risk Management curriculum was carefully designed with market demands, current shortages, and future criteria in mind. The program's courses combine Risk management and Insurance functions, resulting in an application-based management model. The entire program is divided into six trimesters and two years. Each Trimester approximately goes on for three months. A student is required to complete 135 credits courses to complete the PGDM Programme. The Course curriculum comprises core courses and an elective course. The list of the core and elective subjects for the course are as shown below:

Trimester Courses /Electives
III Introduction to Risk Management
Insurance Management
Financial Markets & Services
Banking Management
IV Credit Risk & Rating Management
Life Insurance Practices
General Insurance Practices
Wealth Management
Modern Investment & Portfolio Management
V Forex Risk Management
Investment Banking
Project Risk management
Treasury Management
Financial Risk Management (Derivatives)
International Finance
VI Business Risk Environment
Information Risk Management
Fixed Income Securities

Minimum Eligibility

Bachelor's degree in any discipline with a minimum of 50% marks (for General category) and 45% marks (for Reserved Category) having Indian nationality. Candidates appearing for final year bachelor's degree examinations can also apply to complete all degree requirements by September 30, 2021. All AICTE programs require a test score (CAT, XAT, MAT, CMAT) and 50% in graduation.

Validity

Post Graduate Diploma in Finance Management in Pune is a two-year residential program

Potential careers Job opportunities after PGDM in Insurance & Risk Management

PGDM in Insurance and Risk Management in Pune provides excellent job roles with extensive command in the roles like:
  • Financial Manager
  • Auditor
  • Actuary
  • Business Analyst
  • Fund Manager

Scope to get promoted to the highest level within an enterprise for an ISB&M PGDM Finance Management graduate is extremely high.