Know how to become Insurance professional – Colleges & Universities offering Insurance courses

Carrier guidance to become Insurance professional – Colleges & Universities offering Insurance courses

Indian Insurance industry is now witnessing exceptional growth with private player taking maximum stakes in Indian Insurance companies. Special thanks to the government policy for foreign direct investment. Earlier; FDI of 23% was allowed, which has now changed to 49% creating flow for foreign investment funds in our country which would likely create ample job opportunities.

Developing country like India is a huge market for growing Insurance needs, this creates huge job opportunities for the aspirants. There are total 33 General Insurance companies out of which 6 are Standalone health insurance companies while there are 24 Life insurance companies operating India.  There are 26 Third Party Administrators (TPA’s) serving Insurance Companies.

Specialized Fields –

  1. Life Insurance
  2. Health Insurance
  3. Travel Insurance
  4. Motor Insurance
  5. Property Insurance
  6. Liability Insurance
  7. Employee’s Compensation
  8. Marine Insurance

Potential Careers / Career opportunities –

Administrative officer
Asset Manager
Business Analyst (Insurance Domain)
Claims supervisor
Composite Agent
Corporate Insurance Manager
Customer Service representative
Development officer
Financial Analyst
Financial operations Representative
Insurance Agent
Insurance Underwriter
Life & General insurance CRM
Manager Insurance Marketing
Product Manager
Risk Management Consultant
Risk Manager
Sales representative
Strategy Manager



Let’s discuss about the Colleges & Universities offering professional Insurance courses which will help you to boost your career.

Course Type – Distance Learning –          

Institute Program Affiliation Course Fees Duration Eligibility
MIT School of Distance Education Post Graduate Diploma in Insurance and Risk Management Approved by AICTE, Govt of India Rs 38,000/- 18 months Any graduate
Amity University MBA in Insurance Management Approved by UGC/DEB Rs 1,41,800/- 24 months Graduation degree (3 yrs or 4 yrs degree program)
Symbiosis Post Graduate Diploma in Insurance Management (PGDIM) AICTE Rs. 35,000/- 18 months Bachelor degree holder / Graduate in any discipline
IIRM Hyderabad International Post graduate diploma in risk management Accredited by Chartered Insurance Institute (CII), London Rs 90,500/- 6 months Graduate from a recognized college/ university. Professionals with qualifications like CA/ ICWAI/ CS
Sikkim Manipal University Insurance and Risk Management Accredited by NAAC/DEB
Pondicherry University MBA Distance Education in Insurance Management (Online Delivery) NCTE, AICTE, NAAC-A


Course Type – Post Graduation (Full time MBA)

Institute Program Affiliation/Recognised by Course Fees Duration Eligibility
Pondicherry University Master of Business  Administration [MBA] (Insurance) NCTE, AICTE, NAAC-A Rs 74,200/- 2 years Bachelor’s degree in any discipline with a minimum of 50 % of marks
School of National Law University, Jodhpur Post graduate programme in insurance Accredited by IRDA vide Circular

IRDA/AGENTS/ORD/17/July, 2009

Rs 3,93000/- 2 years Graduation with 55%
National Insurance Academy, Pune Post graduate diploma in Management AICTE & MBA Equivalence is granted by AIU Rs 11,25000/- 2 years Graduate degree or equivalent from a recognized college/ university.
MET, Mumbai MBA/PGDM eMBA Insurance In Collaboration with CII (Charted Insurance Institute), London. Rs 7,00000/- 2 years Graduate degree or equivalent
Birla Institute of Management Technology, Noida PGDM (IBM) Accredited by NBA & MBA Equivalence is granted by AIU Rs 12,00000/- 2 years Graduation with 50%