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March 16, 2009

PG Diploma in Business Management Insurance and Sales

NMIMS launches PG Diploma in Business Management Insurance and Sales Course

Mumbai: The rapid growth in the Indian insurance industry over the last few years has resulted in an ever increased need for skilled professionals in the insurance sector. To meet this growing requirement of the insurance industry by producing skilled insurance professionals, School of Commerce of NMIMS University, Mumbai has launched a one-year PG Diploma in Business Management (Insurance & Sales) Course, wherein the graduating students of the course meeting the minimum crtieria shall be offered placements opportunities with Max New York Life. Application for the admissions in 2009-10 batch, can be submitted till 28th of March 2009.

The programme offers professional training in specialised subjects such as insurance sales practices and management, insurance products, legal and regulatory aspects of life insurance and will also cover the fields of general and marketing management.

Speaking about this unique programme, Dr. Saxena, Officiating VC of NMIMS, said that "As a leading University, we design courses to cater to the ever increasing learning and development needs of an industry. The course is designed to provide students a through understanding of the specialised functions of insurance management and to enable them to take on challenges from the very first day at work."

Mr. Rajan Kalia, Executive Vice President and Head-HR, MNYLI said " Tying up with top line Universities like NMIMS, is a major step for our company to maintain a steady and productive pool of talent. Keeping this approach in mind, we have designed our stratagy to collaborate with niche Universities like NMIMS to train and develop insurance professionals." He also ensured that all the students who enroll in the programm will get an assured opportunity to do their summer training with Max New York Life Insurance. In addition, students will also be absorbed in the company, as Full Time Employees (FTEs), subject to their clearing minimum selection criterion."

The course curriculum has been developed in such a manner as to bring in the insurance industry perspective in a classroom enviornment by incorporating both the industry as well as the academic perspective. The duration of the executive programme is one academic year. The first batch of 60 students will commence from 9th June at Mumbai. The programme details and application forms are available at source:

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