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BBA Insurance and Risk Management Admission 2021
- Bachelor of Business Administration or BBA in Insurance and Risk Management is a typically 3-years duration course in India. It is an undergraduate course offered by various institutions situated in India and abroad countries.
- The duration of this course may vary in other countries. In India, the approximate tuition fee charged for this course is INR 2.5 to 3 lacs per annum.
- In the finance sector, Risk Management is the practice of identifying, analyzing risks in advance and suggests precautionary steps to reduce the risks in an organization.
- Students are provided with a strong grounding in general management through the core course in the first year and ample opportunity to acquire a specialized knowledge in insurance and risk management from the second year.
- During the students, students will be taught about techniques of risk management, insurance market operations, characteristics of insurable risk, liability risk, health insurance, life insurance, legal principles of risk transfer and enterprise risk management.
Eligibility Criteria for BBA in Insurance and Risk Management:
The minimum eligibility prescribed for admission into this course is qualifying 10+2 examination in any stream from a well-recognized educational institution. The passing percentage should not be less than 50% aggregate marks.
Admission Procedure for BBA in Insurance and Risk Management:
• Admission would be made on the basis of entrance test held at University level.
• However, there are few institutions which grant admission on the merit of qualifying examination.
• Students aspiring for admission into this course are firstly required to fill the application form.
Job Opportunities after BBA in Insurance and Risk Management:
- BBA in insurance and risk management promises a good career scope to its pursuers.A career in this field is lucrative and rewarding.
- Graduates of insurance and risk management can seek employment in insurance firms, commercial banking, risk management and consulting, central banks, financial information system management, credit companies, health department, savings and loan association.
- After completing this course, candidates can apply for job profiles such as credit and risk manager, insurance manager, risk management consultant, risk analyst, senior risk manager, financial advisor and customer service representative.
- Students who have successfully completed this course have the option to further pursue master’s course in the same.
Top Recruiters:
Here, we are listing some eminent recruiters which hire insurance and risk management professionals in high capacities. These are as follows:
• ICICI Prudential Life Insurance Co. Ltd.
• SBI Life Insurance Company Ltd.
• SBI General Insurance Company Ltd.
• Accenture
• The Clearing Corporation of India Ltd.
• Life Insurance Corporation of India
Salary Offered after BBA in Insurance and Risk Management:
In India, The salary for beginners is approximately INR 3 lacs per annum. An experienced one can earn more handsome salary package.In US, the average salary of risk manager is approximately $107,451.
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