Looking for Quality Education Provider in Insurance, Actuarial Science and Banking?

In this era of digitization and advance technology, majority of aspirants of professional programs are no longer interested in the conventional MBA with major in Marketing, Finance and HR. They are visualizing themselves future professionals in specialized and more challenging areas. Insurance, Actuarial Science, Banking are considered some of the most sought-after professions in not only in the country but across the globe.

In the present scenario of employment market, the prospective employers are looking for specialists having intensive domain knowledge in the respective business areas. They prefer young graduates and postgraduates with specialized programs of corresponding domains.

There are a few institutes imparting education in Insurance/Banking/Actuarial Science separately in India. However, Amity School of Insurance, Banking & Actuarial Science (ASIBAS) is the only institute which conducts specialized programs in the three disciplines of Insurance, Banking and Actuarial Science at one place. ASIBAS is an integral part of Amity University, Noida and this institute is the pioneer in providing Insurance and Actuarial Science education.SIBAS was established in the year 2000 with the name of ‘Amity School of Insurance and Actuarial Science’ with the specialized programs in Insurance and Actuarial Science domain at the post graduate level. Faculty at ASIBAS constitute professionals from insurance industry (both from life and non-life streams), banking industry, IT sector and academics.

Keeping in mind the ample opportunities available in Insurance industry, Banking Sectors and Actuarial profession in India, ASIBAS is presently offering following programs at postgraduate and undergraduate levels:

Even if the candidate has not applied for any MAT exam, he/she can apply for admission to MBA program. In such case the candidate will appear for Amity Test followed by GD & PI on the same day. The admission form costs Rs 1100 only.

 Highlights of MBA (Insurance & Banking) and MSc (Actuarial Science) programs:

• MBA (I&B) is not just one of the many general MBA programs, where the average package is around Rs. 5 Lacs.
• MBA (I&B) is a highly specialized program catering to niche market where the students are offered market related package (average package is Rs. 7 to Rs. 8 Lacs).
• The students of MBA are trained and recruited for operations - underwriting and claim settlement, business analytics etc and not for selling insurance policies.
• The fourth (last) semester of MSc is entirely dedicated to industrial training to enable the students to acquire hands-on experience in the actuarial corporate culture.
• ‘On campus placement’ is 100% for the eligible students of both the programs.
• In Banking, the course curriculum is mapped with that of Indian Institute of Banking Finance (IIBF). This enables the students to qualify various courses of IIBF easily and enhances their employability in the Banking Sector.
• Amity University is the first to adopt ‘Education 4.0’ from session 2019-20 onward. Education 4.0 (fourth industrial revolution) is developed as a response to Industry 4.0, in order to create trained, qualified professionals who are ready for a highly globalized and digital-driven world of work.With this initiative, ASIBAS has edge over other institutes imparting education on Insurance, Banking and Actuarial Science.

Recruiters:

Some of the renowned companies which recruited the students of ASIBAS are Swiss Re, Deloitte India, Accenture, Orient Insurance (Dubai), L&T, Howden Insurance Brokers, HDFC Ergo General Insurance, SBI General Insurance, Future Generali General Insurance, Bajaj Capital, Apollo Munich, Star Health Insurance Co. Ltd., Reliance General Insurance, Bharti AXA General Insurance, Reliance Capital, AIR Worldwide, IndusInd Bank, Axis Bank Ltd, DXC (erstwhile CSC), TATA AIG, Iffco Tokio, Hero Corporate Services, HII Insurance Brokers, Beacon Insurance Brokers, AIG, SE2, Aristocrat, AON etc. For complete details about the placements, the prospective candidates can visit: https://www.amity.edu/asibas/

Placement Profiles:

Profile of the passed out and placed students comprise Underwriting, claim settlement, business analyst, Actuarial analyst, product development, marketing, Corporate services, etc.

Academic collaboration:

ASIBAS is having collaboration with Insurance Institute of India (III), Mumbai and world-renowned Chartered Insurance Institute (CII) UK. Students completing MBA (Insurance & Banking) will automatically qualify for exemption (for major part) from Insurance Institute of India (III) up to Associate-ship level (Professional Exam of Insurance, III) provided they pass the compulsory subjects for the Fellowship level of III. Similarly, CII provides substantial exemption to MBA (I&B) students up to diploma level.

For more information viewers can visit the above-mentioned web site.

It is therefore prudent to join MBA(I&B) for a secure and bright future in ever growing Insurance and Banking Sectors.