Bachelor of Business Administration in Insurance and Risk Management
The new specialization in Insurance and Risk Management is an internationally recognized program. The full spectrum of the program is to prepare students to identify and evaluate various sources of risk affecting local, regional and global level that needs appropriate changes to the decisions; insure and manage risks through a technical expertise perspective and as an end point deal with them comprehensively and efficiently.
Young graduates at the end of a four-year period are expected to select and implement solutions to control these risks through insurance and other mechanisms of risk transfer and distribution.
Learning Outcomes
- Understand and appreciate the risks faced by industrial, commercial and governmental organizations
- Analyze and apply integrated measures to deal with risk management issues
- Develop confident and effective communication skills
- Develop the ability to reduce the impact of risk mitigation with a global mind
- Gain knowledge to apply research skills, information technology and e-learning materials in the given fields
Career Opportunities
- Actuary
- Manager
- Insurance Advisers
- Insurance Claims Underwriter
- Risk Managers in the public and private sector
- Insurance Claims Negotiator in Hospitals and Health care Institutions
The Study Plan
1. General Education Required Courses (11 Courses/33 Credits)
No. |
Course Code |
Course Title |
C.H. |
1 |
ARL-AA 100
ARL-NA 100 |
Communication Skills in Arabic Language |
3 |
2 |
ENG 100 |
English |
3 |
3 |
MAT 100 |
General Mathematics |
3 |
4 |
CIT 100 |
Computer Literacy |
3 |
5 |
ASC 100 |
Study and Learning Skills |
3 |
6 |
ASC 105 |
Islamic Culture |
3 |
7 |
ASC 110 |
Introduction to Social Sciences |
3 |
8 |
ASC 200 |
General Psychology |
3 |
9 |
ASC 205 |
General Statistics |
3 |
10 |
ASC 210 |
Natural Sciences |
3 |
11 |
ASC 300 |
UAE and GCC Society |
3 |
2. Core Requirements / Business Compulsory Courses (16 Courses / 48 Credits)
No. |
Course Code |
Course Title |
C.H. |
1 |
ACC 100 |
Principles of Accounting |
3 |
2 |
ACC 105 |
Managerial Accounting |
3 |
3 |
MGT 100 |
Principles of Management |
3 |
4 |
ECO 100 |
Microeconomics |
3 |
5 |
MKT 200 |
Principles of Marketing |
3 |
6 |
MGT 200 |
Management Information Systems |
3 |
7 |
ECO 200 |
Macroeconomics |
3 |
8 |
MGT 202 |
Business Statistics |
3 |
9 |
MGT 205 |
Organizational Behavior |
3 |
10 |
FIN 200 |
Financial Management |
3 |
11 |
MGT 301 |
Business Law |
3 |
12 |
MGT 303 |
Quantitative Analysis |
3 |
13 |
MGT 300 |
Production and Operations Management |
3 |
14 |
MGT 302 |
Business Practice in UAE and GCC |
3 |
15 |
MGT 400 |
International Business |
3 |
16 |
MGT 405 |
Strategic Management |
3 |
3. Compulsory Courses – Insurance and Risk Management (10 Courses/ 30 Credits)
No. |
Course Code |
Course Title |
C.H. |
1 |
IRM 200 |
Introduction to Insurance Risk Management |
3 |
2 |
IRM 300 |
Insurance Law |
3 |
3 |
IRM 302 |
Life and Health Insurance |
3 |
4 |
IRM 304 |
Personal Property - Liability Insurance and Risk Management |
3 |
5 |
IRM 305 |
Risk Analysis and Evaluation |
3 |
6 |
IRM 400 |
Insurance Operations, Regulations, and Statutory Accounting |
3 |
7 |
IRM 401 |
Commercial Property Risk Management and Insurance |
3 |
8 |
IRM 402 |
Commercial Casualty Risk Management and Insurance |
3 |
9 |
IRM 404 |
Alternative Risk Financing and Capital Markets |
3 |
10 |
IRM 405 |
Risk Management Strategy |
3 |
(5 Courses/ 15 Credits)
5 Courses (15 Credits) can be chosen from any other Colleges / Departments / Specializations as long as the chosen courses prerequisites are met.
Degrees, Courses, Programs | American University in the Emirates |