Risk and insurance touches every aspect of daily life and business. When we wake up in the morning, we accept risk of potential injury to others and ourselves. When we operate our business, we encounter risks to our business property, reputation, and livelihood. Risk management and insurance is what allows our lives and the economy to operate smoothly in spite of the risks and the reality that “bad things” will occasionally happen. Risk management and insurance is what makes us complete when things go wrong in both our personal and business lives and ensures business continuity.
The Insurance and Risk Management programme is very popular with undergraduate students because it provides a solid foundation for the students’ future successful careers in various sectors of the economy. It is revised each year to ensure that it remains relevant and up-to-date with recent developments in the financial markets. It provides students with an excellent background with which to proceed to the M.A. and M.Sc. in Insurance and Risk Management offered by the department or any other M.Sc., M.A. or M.B.A. programmes offered both locally and abroad.
This programme is designed to develop core units and foundation specialist knowledge in such areas as and not limited to:
Actuarial Science, Risk Management, Underwriting, Claims Management, Portfolio Management, Investment Advise, Financial Planning, Brokerage, Intermediation, Regulations and Compliance, Corporate Governance, Conduct of Business, Re-insurance, Audit Management, Compliance Management, Insurance Asset and Liability Management, CyberRisk, InsurTech, Business Continuity and Forensics and Investigations.
Furthermore, after finalising the taught path of the Masters courses students can apply for the equivalency certification in Professional Risk Management (RIMAP) offered by the the Federation of European Risk Management (FERMA) ask the department for the application form.