A BBA in Insurance and Investment Management is a 3-year new-age undergraduate degree program that focuses on the principles and practices of insurance and investment management within the broader context of business administration. It provides a comprehensive understanding of the dynamics of the insurance sector, investment strategies, risk management, and the financial markets.
With the financial landscape continuously evolving, a BBA in Insurance and Investment Management also emphasises the importance of staying updated with the regulatory changes and technological advancements in the field. The curriculum blends theoretical knowledge with practical skills, providing a solid foundation in financial analysis, portfolio management, insurance law, and actuarial sciences.
Graduates of this program are well-prepared for careers in insurance companies, investment firms, banks, and financial consulting services. Additionally, the course encourages the development of critical thinking, analytical abilities, and decision-making skills, which are crucial for navigating the complexities of the financial industry. BBA in Insurance and Investment Management is a job-ready assured program that can make you competent enough to work as a Risk Manager, Investment Analyst, Insurance Underwriter, Claims Adjuster, Wealth Manager, and Actuarial Analyst. Let’s have a look at the complete details of this course below.
Check the table below for highlights of the BBA in Insurance and Investment Management course:
Particulars | Details |
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Name of the Course | BBA in Insurance and Investment Management |
Course Level | Undergraduate |
Course Duration | 3 Years |
Types of Course |
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Eligibility Criteria | Passed class 12th with 50% marks from a recognized board |
Admission Process |
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Popular Entrance Exams | CUET UG, SET, AIMA UGAT, etc. |
Top Colleges | Sage University, Indore |
Total Course Fees | INR 3.30 Lakhs |
Average Starting Salary | INR 3-5 LPA |
Top Job Profiles | Risk Manager, Investment Analyst, Insurance Underwriter, Claims Adjuster, Wealth Manager, Actuarial Analyst |
Top Recruiters | EY, Adani, Tata Cliq, Accenture, Cognizant, Flipkart, Deloitte, Bajaj Finserv, TCS, Microsoft, IBM, Big Basket |
A BBA in Insurance and Investment Management degree can be the right choice for those interested in entering the dynamic world of finance, insurance, and investments. Here are a few reasons to opt for it:
An online BBA in Insurance and Investment Management is a specialised undergraduate degree program designed to provide students with a comprehensive understanding of the insurance industry and investment management principles. This program is delivered entirely online, offering flexibility to students who may be working professionals or have other commitments that prevent them from attending a traditional campus-based program. Online courses often allow you to study at your own pace and on your schedule. You can access course materials and complete assignments from anywhere with an internet connection, allowing you to balance your studies with work, family, or other responsibilities.
The BBA programs in Insurance and Investment Management are available in various study modes to suit every student's needs. Here are the different types of courses offered:
Type of Course | Details | Duration |
---|---|---|
Regular | A regular course involves attending classes on the university or college campus, participating in face-to-face interactions with faculty and peers, and engaging in various on-campus activities. | 3 Years |
Part-Time | A part-time course is tailored for students seeking to manage their studies alongside other responsibilities. This program provides flexibility, enabling students to progress through their degree at a more gradual pace in comparison to full-time programs. | 3-4 Years |
Online | The program is accessible online, enabling students to pursue their studies from any location and at their preferred speed. This adaptability is particularly advantageous for individuals managing their education alongside other commitments. | 3-4 Years |
To be eligible for the BBA in Insurance and Investment Management course, students must satisfy the following set of requirements:
Admission to BBA in Insurance and Investment Management courses can be secured through two distinct ways: merit-based admissions and entrance exam-based admissions. Each of these has its unique criteria and process, which are elaborated upon as follows.
Many educational institutions enroll students in BBA in Insurance and Investment Management based on their performance in entrance exams. Those interested in applying through this route must take these entrance exams, meet the cutoff scores set by their preferred colleges, and then participate in the counseling process. It's important to note that the specific requirements for entrance exams vary depending on the college to which a candidate is seeking admission. Therefore, applicants must review all the requirements before submitting their applications.
The direct admission process for a BBA in Insurance and Investment Management is a great option for students who prefer to skip entrance exams. Several colleges in India offer direct admission based solely on academic records. Students looking for direct admission must complete the application for their chosen college and may also need to attend a personal interview.
Take a look at some of the core subjects during the BBA in Insurance and Investment Management:
Introduction to Business Administration | Financial Accounting | Microeconomics and Macroeconomics |
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Business Mathematics and Statistics | Principles of Insurance | Investment Analysis |
Corporate Finance | Financial Markets and Institutions | Risk Management |
Insurance Operations and Management | Investment Banking | Financial Reporting and Analysis |
Derivative Securities | Ethics and Professional Standards in Finance | Portfolio Management |
Since BBA in Insurance and Investment Management is a new-age degree, many colleges in India do not offer it. Here is the list of colleges with their total course fees and ranking.
Name of the College | Total Course Fees | Ranking |
---|---|---|
Sage University, Indore | INR 3.30 Lakhs | Overall ranking by India Today is 56 out of 69 colleges in India in 2023 |
BBA in Insurance and Investment Management provides a strong foundation in business administration and delves into the specifics of insurance and investment, preparing students for various careers in these sectors. It serves as a stepping stone to a fulfilling career in the financial services industry, providing the tools to navigate the complexities of insurance and investments while developing a broad business acumen.
Below are some of the jobs you can pursue after completing BBA in Insurance and Investment Management.
Check the average salary graduates can get after a BBA in Insurance and Investment Management as per their experience level.
Job Level | Average Salary |
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Entry Level | INR 3-5 LPA |
Mid Level | INR 7-10 LPA |
Experienced Level | INR 12-15 LPA |
Here are some of the top companies that offer jobs to BBA in Insurance and Investment Management graduates:
EY | Adani | Tata Cliq |
---|---|---|
Accenture | Cognizant | Flipkart |
Deloitte | Bajaj Finserv | TCS |
Microsoft | IBM | Big Basket |
Baazi Games | OLX | Zoomcar |
After completing a BBA in Insurance and Investment Management, students have a wide array of courses to choose from for further specialization and to enhance their skills in the field. These advanced courses can help you gain more in-depth knowledge and expertise and significantly boost your career prospects. Some popular courses to consider are:
A BBA in Insurance and Investment Management is a 3-year undergraduate program that equips students with the necessary skills and knowledge to manage and analyze insurance and investment portfolios. It covers topics such as risk management, insurance policies, investment strategies, and financial planning, preparing students for careers in the finance and insurance sectors.
Students who have completed class 12th with at least 50-60% marks from a recognized board are eligible for BBA in Insurance and Investment Management. Those who are awaiting class 12th results can also apply for the course, but admission will be subject to the final aggregate.
To gain admission to BBA programs in Insurance and Investment Management, students have two options. They can either take entrance exams or apply directly based on merit. Colleges that admit students based on entrance exams require them to meet a certain cutoff and participate in counseling sessions. On the other hand, direct admission is granted solely on the basis of a student's academic performance.
Yes, students can get direct BBA in Insurance and Investment Management admission on the basis of their academic record. Those who have completed class 12th with at least 50% marks can apply for admission by filling out the application form for the desired college.
The colleges that offer BBA in Insurance and Investment Management in India include Sage University, Indore. The annual course fee for 3-year degree course is INR 1.10 Lakhs.
Yes, students have the option to pursue a BBA in Insurance and Investment Management online. This is a great choice for individuals who wish to obtain a degree but are unable to attend on-campus classes due to other commitments. The lectures are conducted online, allowing students to access them at their convenience.
In a BBA in Insurance and Investment Management, you'll delve into subjects like risk management, insurance principles, investment analysis, financial planning, and regulatory environments. The program equips students with skills to navigate the complexities of insurance policies and investment strategies, preparing them for careers in financial services and insurance sectors.
After completing a BBA in insurance and investment management, graduates can get jobs as Risk Managers, Investment Analysts, Insurance Underwriters, Claims Adjusters, Wealth Managers, Actuarial Analysts, and more. The sectors offering these jobs include financial services, banking, insurance agencies, consultancy firms, and multinational corporations.
The average salary for graduates with a BBA in Insurance and Investment Management at entry-level positions is INR 3-5 lakhs per annum. Mid-level professionals with more than 5 years of experience can expect to earn between INR 7-10 lakhs per annum. Experienced professionals with over 10 years in the industry can receive a salary between INR 12-15 lakhs per annum.
The skills students need for BBA in Insurance and Investment Management are Financial Analysis, Risk Management, Insurance Principles, Investment Strategies, Quantitative Skills, Communication Skills, Ethical Considerations, Problem-Solving Abilities, Customer Service, Technology Proficiency, and Teamwork and Collaboration.