The impact of globalization has led to the opening of insurance sector. About 30 corporate organizations like TATA, Reliance, ICICI, HDFC, Birla, etc have joined hands with renowned insurance companies of the world dealing with general & life insurance.

There is an increasing need of trained and specialised personnel with knowledge of scientific theories and practices being followed in India and world wide. Insurance and risk management professionals analyze and solve problems involving loss of personal and corporate assets.

The program integrates knowledge from finance, quantitative analysis & management and includes study of the legal, social and institutional environment in which losses may occur. It also prepares students to assess and treat the risks taken by profit-seeking and non-profit organizations.