Online MBA in Insurance and Risk Management

Online Insurance and Risk Management MBA programs teach its students not only to become effective and efficient managers, but also all about insurance theory and risk management. This online degree program combines the two disciplines into one degree instead of offering it as a dual-degree program.

What is an Online MBA in Insurance and Risk Management Program?

An online MBA in Insurance and Risk Management is a degree program that gives its students ample amount of practice before heading into the real world. It teaches its students legal, actuarial, financial, and economic principles that are intertwined throughout the corporate aspect of insurance and risk management.

Is an Online MBA in Insurance and Risk Management Program right for me?

An online MBA in Insurance and Risk Management is right for you if you plan to pursue a long-term career in the insurance industry. Those who pursue an online MBA in Insurance and Risk Management are extremely organized, able to think quickly, communicate well, have great leadership skills, and have an understanding for dealing with different types of people.

How long does it take to obtain an Online MBA in Insurance and Risk Management Degree?

For full-time students this program is a simple two-year degree. However, if students chose to attend only part-time or half-time it could take up to four years to complete. Some universities do offer the option of an accelerated program that can be completed in just 18 months.

What are the admission requirements for Online MBA in Insurance and Risk Management Programs?

Most online MBA programs would like their students to have at least 3-5 years of work experience under their belt before pursing an online MBA in Insurance and Risk Management. Students also have to have an undergraduate degree from an accredited university, a high GPA of at least 3.0 and a good GMAT score (over 500). Depending on the program, universities may ask for a few letters of recommendation and/or a personal interview.

What skills will I learn in an Online MBA in Insurance and Risk Management Program?

Students who pursue an online MBA in Insurance and Risk Management will develop leadership, effective communication, organization, and critical thinking skills. They will also build critical skills such as understanding the legal, actuarial, financial, and economic principles that are intertwined throughout the corporate aspect of insurance and risk management.

What courses will I take in an Online MBA in Insurance and Risk Management Program?

The online MBA in Insurance and Risk Management wants its students to be well-rounded and well-versed in all aspects of running an insurance business; therefore some basic business administration courses will be required. After the first year in the program students will start taking more and more industry-specific courses, some of those courses include:

  • Risk Management
  • Risk and Crisis Management
  • Markets for Pure Risks
  • Employee Benefit Plan Design and Financing
  • Business Insurance and Estate Planning
  • Managing Pure Risks: Operations and Markets
  • Fundamentals of Actuarial Science
  • Applied Statistical Methods of Actuaries
  • Actuarial Statistics
  • Financial Strategies and Analysis: Insurance

What types of jobs are available after obtaining an Online MBA in Insurance and Risk Management Degree?

There is an abundance of jobs available to those with an online MBA in Insurance and Risk Management because every company that offers insurance to its employees is going to need a team of people to explain, create, and enforce these benefits. Some positions and titles include: consulting, risk management, employee benefit management, insurance company management, and personal financial planning.

What are the career and job opportunities for those with an online MBA in Insurance and Risk Management Degree?

The increase of companies that provide personal financial planning creates a need for those with an online MBA in Insurance and Risk Management. Graduates of this degree program get paid an average of $103,000 annually.

Comments

4 Responses to “Online MBA in Insurance and Risk Management”
  1. Kasem Hamad says:

    Dear sir,

    I am interested in Pursuing an MBA degree in Insurance and Risk management. I am currently working as a Senior Account Executive at a Brokerage company based in Doha, Qatar. Please provide me with more information regarding the courses related, how much time does it require to complete the courses and the Degree’s tuition.

    Thank you,
    Kasem Hamad

  2. Best Online MBA says:

    Kasem, are you looking for an online MBA or an on-campus MBA? Are you looking to study full time or part time? The completion time and tuition fees depend on many factors, such as the type of MBA you pursue (full time or part time), where you take classes (online or campus), which school you pick, etc. If you live in Doha and want to stay there while finishing your MBA, an online MBA program may be the best option for you.

  3. Shahid Nadeem says:

    I am in Saudi Arabia and currently holding following designations:

    Chartered Property Casualty Underwriter, CPCU
    Assosiate in Risk Management, ARM
    Associate in Marine Insurance Managment, AMIM
    Associate in Reinsurance, ARe

    Further, I am a B.A. of Punjab University, Lahore Pakistan.

    I am in interested in Online MBA in Risk Management. Please let me know if I can direcly enroll without any further requirement for GMAT etc.

    Also, please advise cost of the program.

  4. Marlon Mejia says:

    Dear,

    I am interested in Pursuing an MBA degree in Insurance and Risk management Online. I am currently working as a Risk Engineer for Marsh Risk Consulting in Colombia. Please provide me more information regarding the courses related, how much time does it require to complete the courses and the Degree’s tuition fees.

    Note: It’s better if the program does not last more than one year and if it’s part time.

    Thanks,

    Marlon Mejía

    Thank you,
    Kasem Hamad

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