Research
Executive Education
Quick Links
Course Overview
PGDM-IBM offers a two-year full-time residential Post Graduate Diploma in Management in Insurance Business Management. It is a 115.5 credit program. The PGDM-Insurance Business Management (IBM) course was introduced in the year 2000, coincided with the opening up of the insurance industry for private competition. The avowed objective of the program of Insurance Business Management (IBM) of BIMTECH is to turn out Insurance Management Professionals who are industry-ready.
To achieve this objective, we offer cutting-edge curricula among the recently introduced changes are courses on, Actuarial Science, Insuretech, Insurance Analytics, Risk Management and Advanced Health Insurance. This is, of course, besides the conventional insurance subjects both in life, non-life, health, and reinsurance.
We focus on quality by imparting knowledge & deep understanding of Industry Oriented Unique courses apart from General Management area to gain integrated knowledge on insurance functions. The program also has two joint certifications with global education providers – a certificate in Reinsurance with Swiss Re. We also offer Catastrophic Risk Modeling workshops from Xceedance-XCERA.
Why Choose Our Programme?
- Comprehensive Curriculum: Our programme offers a robust curriculum that covers all facets of the insurance industry, from risk management and underwriting to claims and policy administration. We ensure our students are well-versed in both theoretical knowledge and practical applications.
- Expert Faculty: Our faculty comprises industry veterans and esteemed academicians who bring a wealth of experience and insights to the classroom. Their expertise ensures that our students receive the best possible education and are prepared to excel in the insurance sector.
- Industry Connections: BIMTECH has strong ties with leading insurance companies, providing our students with unparalleled networking opportunities. These connections often lead to internships, mentorships, and job placements, giving our graduates a head start in their careers.
- State-of-the-Art Facilities: Our campus is equipped with modern facilities, including advanced computer labs, a comprehensive library, and simulation centers that mimic real-world insurance operations. These resources support our students in gaining hands-on experience.
- Global Perspective: In today’s interconnected world, understanding global insurance markets is crucial. Our programme includes international case studies and opportunities for global exposure, ensuring our students are prepared to operate in a globalized economy.
- Holistic Development: We believe in nurturing well-rounded professionals. Our programme includes soft skills training, leadership development, and ethical business practices, ensuring our graduates are not just industry-ready but also responsible global citizens.
Join us at BIMTECH and take the first step towards a successful career in Insurance Business Management.
Programme Highlights
- BIMTECH has a strategic partnership with Swiss Re for campus connect programs and other value-adding strategies.
- PGDM (Insurance Business) program has got credit for Prior Learning /Accreditation by the Insurance Institute of India (III), Mumbai. Our students are to clear just two mandatory papers to get Associateship level recognition from the Insurance Institute of India.
- A similar kind of credit for prior learning recognition is also in place with Chartered Insurance Institute-UK. Our students get the eligibility of Diploma in Insurance status from CII-UK after completing the course, subject to having passed two mandatory courses of CII-UK.
- With the mission of creating & dissemination of knowledge in Global context in mind, BIMTECH has also taken up the institutional membership of fraternal organizations such as the Risk Management Association of India (RMAI).
Prof. Pratik Priyadarshi
Chairperson - PGDM (IBM)
On This Page
.- Effective Managerial Communication-I
- Statistics for Business Analysis
- Principles of Insurance
- Insurance Business and Finance
- Organisation Behaviour & Human Resource Management
- Insurance Economics
- Information Systems Management for Business
- Spreadsheet Modeling
- Design Thinking
- Leadership Entrepreneurship Articulation and Development - 1
- Effective Managerial Communication II
- Insurance Laws and Regulations
- Data Visualiation
- Marketing of Insurance Business
- Property Insurance-I (Fire & Consequential Loss)
- Products and Practice of Life Insurance
- Elements of Actuarial Science-I (Basic)
- Insurance Channel Management
- Health Insurance
- Macroeconomics
- Leadership Entrepreneurship Articulation and Development – 2
- Marketing Research
- Fundamentals of Data Analytics with Python
- Insurance Broking
- Risk Management
- Leadership Entrepreneurship Articulation and Development – III
- Elements of Actuarial Science-II (Advance)
- Property Insurance-II (Construction & Engineering Insurance)
- Life Insurance Underwriting & Claims
- Insuretech-I (Life & Health Insurance)
- Insuretech- II ( Property & Casualty)
- Alumni Student Mentorship Program (ASMP)
- Short Term Project
- Motor Insurance (Own Damage+TP)
- Liability Insurance
- Advanced Risk Management
- Reinsurance
- ASMP
- Marine Cargo & Hull Insurance
- Employee Benefits
- Summer Internship Project
- Catastrophe Risk Modeling
- Dissertation/ Consultancy/Scaling Strat-up/IRS
- Responsible Business
- Services Marketing & CRM
- Business Innovations in Insurance
- Advanced Health Insurance
- Insurance Analytics I (Data Analytics )
- Insurance Analytics II (Theory)
- Dissertation/ Consultancy/Scaling Strat-up/IRS
- Agriculture and Misc. Insurance
- Open Elective
- Cyber Risk
Strategic Tie-Ups and Alliances
MoU with Swiss Re
BIMTECH signed an MoU with Swiss Re’s Global Services Delivery Centre, Bangalore, for an exclusive Campus Connect tie-up in April 2015. The partnership aims to improve professional insurance education in the country and prepare insurance students for industry. Through this partnership, Swiss Re will bring in its unmatched global expertise in reassurance to BIMTECH, help in its curriculum build-up, and access to customized workshops and learning resources.
Swiss Re will get opportunities to tap talents from BIMTECH, a pioneer in insurance post-graduate education in India, on a priority basis. Besides, BIMTECH will collaborate with Swiss Re in academic projects, seminars, workshops, webinars, live projects, etc., to promote incredible professionalism in insurance education in India. Swiss Re will get representation in the Academic Council of BIMTECH’s Programme for Insurance Business Management, which will decide on the curriculum, campus connects, industry projects etc.
Educational Objectives
- PEO 1To equip students with necessary knowledge & skills in Insurance & Risk management domain required to manage future businesses.
- PEO 2 Students should be able to develop understanding of global business Dynamics and technology adoption.
- PEO 3 To understand sustainable business practices with ethical values for conducting all professional activities.
- PEO 4 Students should be able to develop entrepreneurial and Innovative mind set.
- PEO 5 To Equip students with effective communication skills enabling them to create professional quality business documents.
- PO 1 Apply knowledge of management theories and practices to solve business problems.
- PO 2 Foster Analytical and critical thinking abilities for data-based decision making.
- PO 3 Ability to develop Value based Leadership ability.
- PO 4 Ability to understand, analyse and communicate global, economic, legal, and ethical aspects of business.
- PO 5 Ability to lead themselves and others in the achievement of organizational goals, contributing effectively to a team environment.
- PSO 1 Understand the emerging insurance business dynamics.
- PSO 2 Demonstrate Entrepreneurial mind-set.
- PSO 3 Develop Professional Quality Documents.
Salient Features
- The insurance management course has been accredited by the National Board of Accreditation (NBA) and has an MBA equivalence from the Association of Indian Universities (AIU).
- Strategic tie-up with Swiss Re global services delivery, Bangalore, UniLink Program from Swiss Re.
- Accreditation of the course from the Chartered Insurance Institute (CII)-UK.
- The Insurance Institute of India (III), Mumbai provide 190 credit exemption for our PGDM-IBM students upto Associateship level of their professional examination.
- XCERA-(Xceedance Catastrophe Expert in Risk Analytics) Certification course from Xceedance company.
Envisages
- To offer professional programmes on insurance and risk management practices based on sound knowledge and skills with an accepted code of professional ethics.
- To work in close liaison with all the stakeholders, such as insurance companies, broking houses, risk management firms, banks, it companies, educational/professional institutes in india and abroad and the regulatory authorities for the benefit of the professionals in the areas of insurance and risk management.
- To conduct and sponsor seminars, conferences, executive/management development programmes, research studies and consultancy to create and disseminate knowledge and update the practices prevailing in the global insurance market.
