Master in Risk & Insurance Management

Master in Risk & Insurance Management

Masters
·
2 years

Institutions offering MRIM

Currently, 1 institutions offer Master in Risk & Insurance Management (MRIM) under Bagmati University in Nepal with 1 of them offering in Kathmandu district.

The Master's in Risk & Insurance Management (MRIM) at Bagmati University is a specialized postgraduate program designed to produce high-level professionals capable of navigating the complex world of risk, uncertainty, and financial protection. As a constituent program under the School of Management, it blends core management theories with specialized technical knowledge in insurance, actuarial science, and risk analysis.

This program is particularly relevant for Nepal's growing financial sector, aiming to fill the gap for skilled experts who can manage operational, strategic, and financial risks for insurance companies, banks, and corporate houses.

Curricular Structure

Year 1: Semester I

Course CodeCourse Title
STA511Quantitative Methods for Business
INM512Management Information System
ITM513Software Skills
INM514Principles of Management
INM515Insurance Accounting and Financial Reporting
INS516Fundamentals of Risk and Insurance
INS517Business and Insurance Law
INS518Essentials of Finance

Year 1: Semester II

Course CodeCourse Title
INE521Insurance Economics
INM522Managerial Communication
INM523International Business
INM524Organizational Behaviour and HRM
INM525Marketing Management
INM526Business Research Methodology
INS527InsurTech Practicum
INS528Fundamentals of Actuarial Science

Year 2: Semester III (Core Subjects)

Note: Students must also choose four subjects from a Specialization Area and 1 Elective subject.

Course CodeCourse Title
STA531Data Analytics for Insurance
INM532Strategic Management
INM533Business Environment

Year 2: Semester IV

Course CodeCourse Title
INT541Internship and experiential learning (6 months)
THS542Thesis

Specialization Group A: Life Insurance and Pension Fund

Course CodeCourse Title
INL551Principles and Practices of Life Insurance
INL552Life Insurance Product
INL553Pension Fund Management
INL554Life Insurance Marketing and Distribution Channels
INL555Underwriting of Life Insurance
INL556Emerging Issues in Life Insurance
INL557Seminar on Life insurance and Pension fund

Specialization Group B: Social Insurance and Social Security

Course CodeCourse Title
INS561Fundamentals of Social Security
INS562Principles and Practices of Social Insurance
INS563Principles and Practices of Mutual and Micro Insurance
INS564Social Health Insurance
INS565Advanced Studies in Social Security
INS566Emerging Issues in Social Insurance
INS567Seminar on Social Insurance and Social Security

Specialization Group C: General Insurance

Course CodeCourse Title
ING570Principles and Practices of General Insurance
ING571Motor Insurance
ING572Aviation Insurance
ING573Marine Insurance
ING574Engineering Insurance
ING575Property and Liability Insurance
ING576Agriculture and Health Insurance
ING577Miscellaneous Insurance
ING578Advanced Topics in General Insurance
ING579Seminar on General insurance

Specialization Group D: Reinsurance

Course CodeCourse Title
INR581Reinsurance Fundamentals
INR582Accounting for Reinsurance
INR583Disaster Risk Financing and Resilience
INR584Reinsurance Product Design and Pricing
INR585Advanced Studies in Reinsurance
INR586Emerging Issues in reinsurance
INR587Seminar on Reinsurance

Specialization Group E: Risk Management

Course CodeCourse Title
IRM591Risk Management Theories and Practices
IRM592Enterprises Risk Management
IRM593Managing Risk in Financial Institutions
IRM594Disaster Risk Management
IRM595Global Risk Management and Catastrophic Reinsurance
IRM596Emerging Issues in Risk Management
IRM597Seminar on Risk Management

Electives

(One subject to be selected)

Course CodeCourse Title
INM601Human Resource Management
INM602Personal Finance Planning
INM603Strategic Management
INM604Project Management
INM605Entrepreneurship and Innovation
INM606Conflict Management and Negotiation Strategies
INM607Intellectual Property Rights
INM608Tax Laws and Tax Planning
INM609Service Marketing Strategy
INM701Econometrics and Business Forecasting
INM702Assets Management and Investment Strategy