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 Insurance studies MS at LMU-All you need to know

by | LUM, Masters

 Insurance studies MS at LMU-All you need to know

by | Jul 16, 2024 | LUM, Masters

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tu munich aerospace masters

Overview

The M.Sc. program in Insurance at Ludwig Maximilian University is a specialized study of the insurance industry and its principles. Students delve into various aspects of insurance, including risk assessment, actuarial science, and insurance policy analysis. The curriculum covers topics such as underwriting, reinsurance, and financial management in the insurance sector.

Through a combination of theoretical coursework and practical case studies, students gain the expertise necessary for careers in insurance companies, risk management, actuarial science, and financial planning. Graduates of this program play a crucial role in managing and mitigating risks in the financial and insurance sectors, contributing to economic stability and security.

 

Course Details

University LMU – Ludwig-Maximilians-Universität München
Program Name Executive Master of Insurance (EM Insurance)
Degree EM (Executive Master)
Subjects Business Administration, Actuarial Science
Language English
Application Deadlines Winter semester: 01 Jul
Duration 2 Years (starting: Winter semester)
Tuition Fees € 7125 (per semester)
Qualification Requirements Bachelor’s degree or equivalent, minimum standard period of study: 6 semesters
Work Experience 1 year in the field of insurance
Language Requirements Good command of English, basic German skills
Application Procedure Directly at the University
Application Fee None

 

Admission Documents

  1. CV and Photo: Attach your curriculum vitae along with a photograph.
    2. General Matriculation Certificate: Provide a copy of your certificate of general matriculation standard. If it’s not in English or German, include an official translation.
    3. First Degree Certificate: Include a certified copy of your certificate of a qualified first degree from a course of study lasting at least six semesters. If necessary, provide an official translation of this certificate as well.
    4. Professional Experience Evidence: Submit suitable proof of at least one year of relevant professional experience gained after your first degree.
    5. Letter of Recommendation (Optional): A recommendation letter from your current employer can be included but is not mandatory.
    6. Proof of Basic German Skills: Provide evidence of your basic proficiency in the German language.

Career opportunities

  1. Insurance Underwriter: Evaluate insurance applications, assess risks, and determine policy terms and pricing to maintain a balanced and profitable insurance portfolio.
  2. Risk Manager: Work for corporations, financial institutions, or government agencies to identify, assess, and manage risks, including those related to insurance and liability.
  3. Claims Adjuster: Investigate insurance claims, assess damages, and negotiate settlements with policyholders to ensure fair and timely claim resolutions.
  4. Insurance Consultant: Offer expert advice to individuals or businesses on insurance coverage, risk management, and policy selection, helping clients make informed decisions.
  5. Actuary: Analyse statistical data and mathematical models to assess and predict risk, particularly for insurance companies, pension funds, or financial institutions. Actuaries help determine insurance premiums and investment strategies.

 

 

Lingo Education Organisation
Lingo education Organisation