Programme Description

Programme Description



University of Malta

Faculty of Economics, Management and Accountancy

Master of Science in Insurance and Risk Management
(M.Sc.(Melit.))

(for courses commencing October 2020)

YEAR ONE

Students are required to obtain a total of 90ECTS credits over a period of 3 semesters of full-time study.

In addition to the compulsory study-units (80ECTS credits), students will be required to register for 10ECTS credits in elective study-units from the below electives or as directed by the Board.


Year (This/these unit/s start/s in Semester 1 and continue/s in Semester 2)

Compulsory Units (All students must register for this/these unit/s)

INS5011 Advanced Insurance Practices 10 ECTS
INS5017 Advanced Commercial Lines 5 ECTS
INS5018 Advanced Personal Lines 5 ECTS




Semester 1

Compulsory Units (All students must register for this/these unit/s)

INS5004 Geopolitical and Environmental Risk 5 ECTS
INS5009 Risk Management Theory and Practice 5 ECTS
INS5014 Applied IRM Research Techniques 5 ECTS

Elective Units (Elective units are offered subject to availability and time-table constraints.)

INS5005 Actuarial Financial Mathematics 10 ECTS
INS5006 Risk Transfer Accounting 5 ECTS
INS5007 IT Risk Management 5 ECTS
INS5019 Applied Corporate Finance 5 ECTS




Semester 2

Compulsory Units (All students must register for this/these unit/s)

INS5008 Applied Alternative Risk Transfer 5 ECTS
INS5010 Governance, Regulations and Compliance Management 5 ECTS
MGT5919 Psychology of Risk 5 ECTS

Elective Units (Elective units are offered subject to availability and time-table constraints.)

INS5020 Applied Ethical Behaviour 5 ECTS
INS5022 Advanced Enterprise Risk Management 5 ECTS
INS5023 Sustainability and Innovation 5 ECTS
MGT5204 Management Science and Decision Analysis 5 ECTS




Semester 3

Compulsory Units (All students must register for this/these unit/s)

EMA5922* Dissertation 30 ECTS

*Work on the dissertation is expected to start in Semester 1 of academic year 2020/21 and continue up to the end of the course.



This programme of study is governed by the General Regulations for University Postgraduate Awards, 2008 and by the Bye-laws for the award of Master of Science in Insurance and Risk Management - M.Sc. - under the auspices of the Faculty of Economics, Management and Accountancy.

Extra study-units cannot substitute compulsory, elective or optional study-units that form part of the official Senate-approved programme of studies, and do not count towards the Year Average Mark or towards the Final Weighted Average Mark.

Year 1
INS5021 Univesity and Technical Experiences – 5 ECTS

The conditions and criteria for Extra study-units can be accessed here.
 
Last Updated: 13 May 2020
 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
Unless for exceptional approved reasons, no changes to the programme of study for a particular academic year will be made once the students' registration period for that academic year begins.

https://www.um.edu.mt/course/programme