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Master of Business Administration with specialization in Insurance Management: Admission, Eligibility, Courses, Fees, Syllabus

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  • CAT 2025 Registration last date is September 13, 2025.
  • NMAT 2025 registration starts @mba.com/exams/nmat; the last date to register is October 10, 2025.
  •  XAT registration 2026 starts @xatonline.in; the last date to register is December 5.
  • IBSAT registration for MBA/PGDM 2026-28 session is open @ibsindia.org; exam will be held on December 27 and 28.

MBA Insurance is a 2 year course for post graduates. The course involves advanced learning of liability and corporate risk. MBA insurance is a postgraduate banking based course which covers the concepts and rules of banking and insurance. The course involves advanced learning of liability and corporate risk.

MBA Insurance course prepares students for solving conflicts, the ability for establishing and maintaining interpersonal relationships, etc. By the end of the degree, students have successfully acquired fundamental and conceptual knowledge and skills to deal with insurance-related problems.

The eligibility criteria for MBA Insurance, students must qualify bachelor’s degree with minimum 50% marks in any stream.

The process for admission in this course is an entrance exam taken by colleges and universities. The entrance exams are CAT (common aptitude test), MAT (management aptitude test), SNAP (symbiosis national aptitude test) and XAT (Xavier aptitude test).

The average fee for the course is INR 1 lakhs to INR 16 lakhs per annum. It depends on the course offered by colleges and universities.

The job profiles after MBA insurance are financial manager, risk manager, fund manager, banking finance, business analyst, internal auditor, etc.

The top recruiting companies are LIC, SBI general insurance, HDFC standard life insurance co. ltd., etc.

The average salary package of 1-4 year experience candidates is INR 2 lakhs to INR 20 lakhs per annum.

MBA Insurance Course Highlights

Course TypePost Graduate
Duration2 Years
Examination TypeSemester wise
Admission ProcessMerit based/Entrance Based
Course Fee (INR)1 Lakh – 12 Lakh
Average Salary (INR)4 Lakh – 14 Lakh
Top Recruiting CompaniesSBI general insurance, HDFC Bank, Axis Bank, LIC, Royal sundaram etc.
Job PositionsFinancial Manager, Internal Auditor, Banking Finance, Business Analyst, Fund Manager, Risk Management,etc.

MBA Insurance Admission Process

To get admission in the course, Students must have to clear entrance exams taken by respective colleges and universities. The procedure for the admission is:

  • The registration form will be released on the official websites of the respective colleges or universities.
  • Students have to submit the registration fee on the online portal before the last date.
  • The admit card will be released by the colleges and universities.
  • The exam date will be released by the colleges and universities.
  • The result will be announced after the exam. Some colleges conduct counseling for the final selection.
  • Documentation Date will be given by the colleges for final selection of the students in the course. The documents required are class x and xii mark sheet, original graduation degree, passport size photographs, cast/ category certificate (if any).

MBA Insurance Eligibility

The eligibility criteria of Master of business administration (insurance) is:

  • Students must have to clear graduation with minimum 50% marks in any stream from a recognized college.
  • There should be no backlog in any subject.
  • 5% moderation to reserved category students (SC/ ST/ OBC).

MBA Insurance Syllabus

The syllabus for MBA Insurance divided into semester are mentioned below:

Semester 1Semester 2
Management concepts and Organizational BehaviourMarketing Management
Managerial EconomicsFinancial Management
Research methodologyOperations Research and Management
Accounting for managerStrategic Management
Business environment & lawHuman Resources Management
Semester 4Semester 5
Principles and practice of life insuranceInvestment and Portfolio Management
Principles and practice of general insuranceFire and motor insurance
Risk Management and InsuranceReinsurance
Insurance Law and regulationsActuarial Mathematics and services
Marine and Rural insuranceMarketing of insurance services

MBA Insurance Jobs

The jobs available after MBA Insurance are mentioned in the table below along with the job role and average annual salary.

JobProfile RoleAverage Annual Salary (INR)
Business analystThe role of Business analyst is to help the organization to improve the procedures and systems.6,07,000
Internal AuditorThe role of Internal auditor is to give independent assurance that the risk management, governance and internal control procedures are operating effectively.4,90,000
Fund ManagerThe role of fund manager is to implement the fund’s investing strategy and managing its portfolio6,98,000
Financial ManagerThe role of financial manager is to produce financial reports, direct investments, developing and planning strategies for long term financial goals7,66,000
Risk ManagerThe role of risk manager is to analyze, identify the causing accident or loss and recommend the preventive measures. They communicate the risk policies and procedures of an organization.

MBA Insurance FAQs 

Ques. What is MBA Insurance?

Ans. MBA Insurance is a 2 year course for post graduates. The course involves advanced learning of liability and corporate risk. The eligibility criteria for MBA Insurance, students must qualify bachelor’s degree with minimum 50% marks in any stream.

Ques. What are the top recruiting companies for MBA in insurance?

Ans. The top recruiting companies for MBA in insurance are Goldman sachs, State bank of india, HDFC, KPMG, Morgan stanley, Boston Consulting group, Bain & Company, JP Morgan Chase & Co., McKinsey & Co., Barclays.

Ques. Is distance education available for MBA Insurance?

Ans. Yes, Distance education is available for MBA Insurance. Classes for distance learning are online. You can learn from anywhere in the world.

 

Instructors
Joshua Hamilton

Web Developer

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