NATIONAL LAW UNIVERSITY JODHPUR SCHOOL OF INSURANCE STUDIES ADMISSION INFORMATION BROCHURE -2017 MBA (INSURANCE) & MBA (INSURANCE RISK MANAGEMENT)
SCHOOL OF INSURANCE STUDIES NATIONAL LAW UNIVERSITY, JODHPUR NH-65.NAGAURROAD MANDOR, JODHPUR 342 304 (RAJASTHAN) INDIA Web: www.insuranceschoolnlu.ac.in. & Web: www.nluiodhpur.ac.in Email: nlu-jod-rj@nic.in Telephone Nos. School of Insurance: +91-291-2577726 Admission Office: +91-291-2577530, 2577138 ALL COMMUNICATIONS MUST BE ADDRESSED TO: REGISTRAR, NATIONAL LAW UNIVERSITY, JODHPUR NH-65.NAGAURROAD MANDOR, JODHPUR 342 304 (RAJASTHAN) INDIA IMPORTANT DATES Last date for application 15 th June 2017 Publication of Ranking List 20 th June 2017 Completion of Admission Process Main List 25 th June 2017 Completion of Admission Process Waiting List 30 th June 2017 Commencement of Classes 1 st July 2017
ABOUT THE SCHOOL OF INSURANCE STUDIES The School of Insurance Studies (SIS), started in 2002, has already established itself as the premier institution maintaining the highest standards of education, research and professional skills in the field of Insurance. SIS provides quality learning experience and skill development opportunities to the students. We have a young and dynamic team of faculty members who are moving with the vision of producing world-class Insurance professionals. The course content has been designed keeping in mind the needs and requirement of the insurance sector with subjects ranging from theory and practice of Risk Management, Underwriting of Risks and Reinsurance. The course content also includes several important subjects of Management to equip our students with modern management concepts. National Law University Jodhpur is a fully residential university. It is fully equipped with wireless Internet connectivity. The Insurance Industry in India has tremendous growth potential in Life and Non-Life sectors, taking into account the low penetration and density of Insurance coverage compared to the developed economies. The next decade is expected to witness a phenomenal growth in the career opportunities for the insurance professionals. POST GRADUATE PROGRAMMES IN INSURANCE The University offers following Post Graduate Degree Programmes in Insurance: MBA Insurance (Four Semesters-2 Years) MBA (Insurance Risk Management) MBA (IRM) Both the Programmes are full time and residential Our USPs 1. Pioneer in offering Post Graduated Degree Programme in Insurance. 2. Programmes are widely accepted by Indian Insurance Industry. 3. Excellent placement record. 4. Member of All India Management Association (AIMA). PROCEDURE FOR ADMISSION TO MBA (INSURANCE) AND MBA (IRM) -2017 Application form may be procured by sending a demand draft of Rs 2,000/- (Rupees Two Thousand Only) drawn in favour of the Registrar, National Law University, Jodhpur or may be downloaded from our website www.insuranceschoolnlu.ac.in and while submitting the downloaded application a demand draft of Rs 2,000/- must be attached. ELIGIBILITY FOR ADMISSION, SELECTION CRITERION, AND MERIT LIST MBA (INSURANCE) FOUR SEMESTERS 2 YEARS Candidate must have: - Minimum 55% marks in class 10 th and 12 th. -Bachelor's Degree in any discipline from a recognized university with at least 55% aggregate marks or equivalent CGPA. Appeared in CAT 2016/MAT /CMAT 2016-2017 entrance test and obtained at least 50% of composite score (Result declared and score card obtained on the date of application). Graduating candidates whose results are awaited can also apply but must prove their eligibility latest by 30th September, 2017. Those not producing the eligibility certificates by 30th September, 2017 will be disqualified/de-registered irrespective of their having joined the
program provisionally. Such candidates must have secured at least 55% aggregate marks or equivalent CGPA in all the semesters/years of undergraduate examinations passed on the date of application with passing back paper(s), if any in previous semesters/years. A relaxation of 5% of marks in eligibility criteria shall be given to candidates belonging to SC and ST Categories Admission shall be based on merit determined on the basis of percentage of marks obtained in CAT/MAT/CMAT entrance test. MBA (INSURANCE RISK MANAGEMENT) MBA (IRM) -TWO SEMESTERS 1 YEAR Candidate must have: -Minimum 55% marks in class 10 th and 12 th. -Bachelor s Degree in Engineering (B.E./B.Tech. in Mechanical, Electrical, Civil, Chemical and allied Engineering Streams excluding Electronics and Tele Communication, Computer Science and Information Technology) from a recognized university with at least 55% aggregate marks or equivalent CGPA. Graduating candidates whose results are awaited can also apply but must prove their eligibility latest by 30th September, 2017. Those not producing the eligibility certificates by 30th September, 2017 will be disqualified/de-registered irrespective of their having joined the program provisionally. Such candidates must have secured at least 55% aggregate marks or equivalent CGPA in all the semesters/years of undergraduate examinations passed on the date of application with passing back paper(s), if any in previous semesters/years. CAT/MAT/CMAT entrance test is not compulsory. However, preference shall be given to the candidates who have appeared in CAT 2016/MAT /CMAT 2016-2017 entrance test and obtained at least 50% of composite score. A relaxation of 5% of marks in eligibility criteria shall be given to candidates belonging to SC and ST Categories. Admission shall be based on merit determined by calculating the following weightage to the percentage of marks obtained in degree examination i. Weightage for Degree Examination- 75% ii. Weightage for CAT/MAT/CMAT -25% MAXIMUM SEATS MBA (Insurance) Upto 20 MBA (IRM) Upto 20 The number of seats in both MBA (Insurance) & MBA (IRM) programme shall be interchangeable if seats in any programme remain vacant. RESERVATION Seats in both the courses reserved as under: i. Candidates belonging to SC and ST categories: 15% and 7.5% restively. ii. Divyang (Physically Handicapped) Candidates: 3% A post graduate program will be conducted only if there are minimum 10 students opting for the program.
COMPETION OF ADMISSION PROCESS Last date for applications shall be 15 th June, 2017. First ranking list shall be published by 20th June, 2017 with waiting list of five candidates for each programme. Selected candidates shall be required to deposit the fees by 25 th June, 2017. If any candidate from the main list does not deposit fees and complete admission process by 25 th June, 2017 he /she will lose the opportunity of being admitted thereafter and the vacant seat shall be fulfilled from the waiting list. The candidates from waiting list if given opportunity will have to deposit the fees and complete the admission process by 30 June 2017. COURSE DETAILS: Post Graduate Degree Program in MBA (Insurance) This program recognizes the particular needs of management in the insurance sector, and therefore emphasizes on various insurance subjects. This program is integrated with subjects such as management, finance, marketing etc. SEMESTER-I SEMESTER- SEMESTER-III SEMESTER-IV Principles and Practice of Fire Insurance Accident Insurance III Accident Insurance IV General Insurance (Engineering Insurance) (Liability and Aviation) Principles and Practice of Life Insurance Motor Insurance Reinsurance Underwriting and Risk Management Accident Insurance I (Miscellaneous Insurance) General Principles of Contract Managerial Economics Principles of Management Life Insurance Marine Insurance Group Insurance and Pension Health Insurance I Accident Insurance II ( PA, Micro and Human Resources Management & Organisational Behaviour Actuarial Aspects of Insurance Products Health Insurance II Insurance Marketing Insurance Mathematics and Statistics Agriculture Insurance (Crop & Horticulture) Petrochemical, Energy, Mega Risks, Specialised Products & Insurance Distribution Channels General Insurance Accounting & Investment Principles of Marketing Business Communication Advance Information Technology & Management Information System Business Communication Insurance. Regulations Post Graduate Degree Program in MBA (Insurance Risk Management) Graduate Engineers have great opportunities in General Insurance Sector as their Engineering back ground is most useful for the industry in terms of risk inspection and underwriting of a risk. There is ever increasing demand by the insurance and allied services sectors for Engineers with insurance background. In view of this need an exclusive program in insurance studies has been introduced for Engineering Graduates.
SEMESTER-I Principles and Practice of General Insurance Fire insurance Reinsurance Marine Insurance Motor insurance Accident Insurance I (Miscellaneous Insurance) Accident Insurance III (Engineering Insurance) Loss Control & Risk Inspection I Business Communication SEMESTER-II Accident Insurance IV(Liability and Aviation) Underwriting and Risk Management Insurance. Regulations Insurance Marketing Petrochemical, Energy, Mega Risks, Specialised Products & Insurance Distribution Channels Property Loss Assessment, Loss Control and Risk Inspection II Business Communication The teaching and learning is supported through Risk Inspection and Internship with reputed Insurance institutions. FEE STRUCTURE: Particulars Fees Remarks Admission Fee Rs. 12,000/- One Time Semester Fee Rs. 50,000/- Per Semester School Development Fee Rs. 25,000/- Per Semester Internet Charges Rs. 10,000/- Per Year Support Service Charges Rs. 6,000/- Per Semester Halls of Residence Charges Rs. 15,000/- Per Year Library Security (Refundable) Rs. 7,000/- One Time Mess Security (Refundable) Rs. 5,000/- One Time Hostel Security (Refundable) Rs. 5,000/- One Time Library & Multimedia Fee Rs. 3,000/- Per Semester Journal Fee Rs.500/- Per Year Examination Fee Rs.1,500/- Per Semester Gym & Sports Fee Rs. 2,000/- Per Semester Reading Material Fee Rs. 2,000/- Per Semester Students' Welfare Fee Rs. 500/- Per Semester Total Rs. 1,44,500/-(One Lac Forty Four Thousand Five Hundred Only) Semester-wise Fee Structure MBA (Insurance) Sem. I Rs. 1,44,500/-, Sem. II Rs. 90,000/- Sem. III Rs. 1,15,500/- Sem. IV Rs.90,000 Total Rs. 4,40,000 MBA (Insurance Risk Management) Sem. I Rs. 1,44,500/-, Sem. II Rs. 90,000/- Sem. III Rs. 1,15,500/- Sem. IV Rs.90,000 Total Rs.2,34,500 Note: The University reserves the right to revise the fees/ charges.
For more information, please contact: Dr. R. K. Purohit Mr. S. N. Sharma Executive Director, Additional Director, School of Insurance Studies School of Insurance Studies National Law University, Jodhpur. National Law University, Jodhpur. Email: rk_purohit@yahoo.com Email: snudpr@yahoo.co.in