Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Information on Master’s Degree Programs in Insurance

Majors Overview June 7, 2015

This article talks about master’s degree programs in insurance and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.

Master’s Programs in Insurance

Students enrolled in master’s degree programs in insurance and risk management are taught various ways in which to identify, measure and manage corporate risk. Students learn unconventional and alternative risk management concepts for use in mitigating financial loss. They learn to apply simulation and statistical tools aimed at developing corporate risk management strategies, in addition to the fundamentals of a variety of insurance products. Graduates must complete about 30 core credits, including 12 elective credits, in addition to a comprehensive exam or a thesis. These programs take about one year of full-time study for most students.

Education Requirements

Admission criteria typically require incoming students to hold an undergraduate degree, in addition to being familiar with microeconomics, corporate financial practices, and statistics. A grade of ‘B’ or better in undergraduate classes related to these subject areas or passage of a competency examination can help students to showcase proficiency before admission.

They may also have to submit a written statement of their career, personal, and educational goals, a professional supervisor’s recommendation, a resume detailing their leadership experience and GMAT scores. Incoming students to some master’s degree programs in insurance are also required to have gained professional certification as a Chartered Property Casualty Underwriter (CPCU) before they are admitted to the program. A CPCU is obtainable through the passage of examinations pertinent to property casualty underwriting, in addition to meeting experience prerequisites and agreeing to adhere to a stringent code of ethics.

Coursework

CPCU designation holders seeking admission to some master’s degree programs in insurance and risk management are allowed to apply a specified number of credits toward a degree. Core coursework may commonly include subject areas such as:

•Research methods for risk
•Insurance finance and accounting
•Insurance business operations
•Principles of risk management
•Employee, life and health insurance benefits

Career Choices

Risk management professionals mainly find employment in the insurance and finance industries. They can aspire for possible job positions such as:

•Insurance career agent
•Securities and commodity contract mediator
•Business enterprise manager

Job and Wage Outlook

Over the 2012 – 2022 decade, a job growth rate of 9% has been predicted for risk managers, among other types of financial managers (U.S. Bureau of Labor Statistics). In May 2012, these professionals brought in an average annual wage of $109,740 (BLS).

Continuing Education Choices

Program graduates seeking continued education may choose to earn a Doctor of Philosophy (Ph.D.) degree in numerous concentrations, including insurance and risk management. They may also choose to attend workshops, seminars and symposia offered by the CPCU Society. Membership of the CPCU Society Center for Leadership will allow graduates to sign up for public speaking and leadership training opportunities.

Searching Searching ...

Matching School Ads
2 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
1 Program(s) Found
  • Campus-based and online business programs include Entertainment Business (BS), Internet Marketing (BS), and Business Intelligence (MS)
  • Students will explore business concepts like marketing, global media management, and business technology and design
  • Courses designed to prepare students for a career in business and Career Development advisors available to all alumni
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average
  • Online Courses
1 Program(s) Found
South University , Virginia Beach
  • Program options include Accounting, Business Administration, Leadership, and more.
  • Curriculum focuses on developing leadership, critical thinking, problem-solving, and communication skills.
  • Programmatic accreditation by the Accreditation Council for Business Schools and Programs (ACBSP) at select campuses.
  • Business programs are available at many of the 11 campus locations across the United States.
Good for Working Adults
  • Flexible Scheduling
  • Financial Aid
1 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
1 Program(s) Found
ECPI University , Newport News
  • Named a Best for Vets school by the Military Times in 2014.
  • Has specialized in student-centered technology, business, criminal justice, health science, and culinary education for over 45 years.
  • Makes it possible for students to earn a bachelor’s degree in 2.5 years or an associate’s in 1.5 years by providing a year-round schedule.
  • Offers externships and clinical experience that help students prepare for life after they graduate.
  • Has 10 campuses across the mid-Atlantic, plus online degree programs.
Good for Working Adults
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
4 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Early Childhood Education, ESL/TESOL, Special Education, Education Leadership and Administration, and Curriculum and Instruction Degree Program for YOU.
  • Affordable and Flexible Education and Teaching Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Education and Teaching Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Searching Searching ...

Matching School Ads
2 Program(s) Found
  • Designated as a 2015 Military Friendly® School by Victory Media, publishers of G.I. Jobs®.
  • Each program is designed to instill the knowledge, ethical values, and interpersonal skills of professional practice and to foster values of social responsibility.
  • Offers several flexible learning options, including a blended format that combines campus and online learning.
  • Several scholarship opportunities are available for students who qualify.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
3 Program(s) Found
  • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
  • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
  • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
  • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
  • Online Courses
1 Program(s) Found
  • Full Sail’s curriculum combines elements of creativity, art, business and life skills, technical prowess, and academic achievement.
  • Full Sail offers accelerated programs, so a degree that would normally take four years takes 24 months on average.
  • Students work with industry-standard tools and technologies, allowing them to gain practical knowledge and real-world experience.
  • Join us on Facebook, Twitter, YouTube and Instagram to interact with our community, read about grad success, and see campus images.
  • Online Courses
1 Program(s) Found
  • Become the leader you know you can be @ Ashford University
  • Apply Now! Classes Start Every Tuesday!
  • Online Courses
  • Education Connection is a 100% Free College Matching Service used by 50,000 People Daily.
  • Get Matched to the Right Early Childhood Education, ESL/TESOL, Special Education, Education Leadership and Administration, and Curriculum and Instruction Degree Program for YOU.
  • Affordable and Flexible Education and Teaching Degree Programs from Top Colleges Across the Nation. Both Online And Campus!
  • Just Fill Out a Few Questions and You Can Find Your Perfect Education and Teaching Degree Program Within Minutes.
  • Start Using our Fast, Free, and Easy Matching Service Right HERE and Right NOW!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!