MSc Insurance and Sustainable Risk Management
Insurance and Sustainable Risk Management is leading the way in shaping the future of the insurance industry. The Masters in Insurance and Sustainable Risk Management from GCU London gives students the skills that insurance professionals of the future will need.
The insurance industry is constantly changing. With advances in technology, an evolving risk landscape and a growing need for new insurance solutions in emerging markets, future insurance graduates will be required to have different skill sets to be able to respond to these challenges.
How will we insure driverless cars? Smart houses or drones? Cyber insurance? How can micro-insurance help to close the insurance gap in emerging markets? The insurance and risk management masters degree provide you with the knowledge and skills needed to adapt to a changing risk landscape as well as current social, economic and political issues, within the context of insurance and risk management.
You will gain in-depth knowledge and understanding in underwriting and claims management, the core functions of the insurance profession. Choose the Masters in Insurance and Sustainable Risk Management and take the next step in developing your technical and soft skills; identifying, forecasting and managing risk and discovering the importance and the thought-provoking nature of the insurance industry.
As a masters student at GCU London, you gain knowledge and develop skills on quantitative modelling and pricing insurance as well as developing leadership skills in managing insurance businesses. Our graduates will become managers in insurance businesses and leaders in their field of expertise.
Glasgow Caledonian University has over 30 years experience in teaching Risk Management and this new masters degree programme expands that knowledge to further specialise in Insurance Management. You will learn from teaching staff who are industry experts with extensive insurance and risk management industry experience.
Based in London, where Lloyds of London started ensuring risks more than 325 years ago from a coffee house, study with GCU London and access industry-led teaching and visits to leading insurance organisations.
Intakes
- Jan
- Sep
Application Processing Time in Days: 30
Minimum English Language Requirements
| English Level Description | IELTS (1.0 -9.0) | TOEFL IBT (0-120) | TOEFL CBT (0-300) | PTE (10-90) | |
|---|---|---|---|---|---|
| Expert | 9 | 120 | 297-300 | 86-90 | |
| Very Good | 8.5 | 115-119 | 280-293 | 83-86 | |
| Very Good | 8 | 110-114 | 270-280 | 79-83 | |
| Good | 7.5 | 102-109 | 253-267 | 73-79 | |
| Good | 7 | 94-101 | 240-253 | 65-73 | |
| Competent | 6.5 | 79-93 | 213-233 | 58-65 | |
| Competent | 6 | 60-78 | 170-210 | 50-58 | |
| Modest | 5.5 | 46-59 | 133-210 | 43-50 | |
| Modest | 5 | 35-45 | 107-133 | 36-43 | |
| Limited | 4 | 32-34 | 97-103 | 30-36 | |
| Extremely Limited | < 4 | < 31 | < 93 | < 30 |
Job Opportunity Potential
Careers and employability
Whether you have a fixed career path in mind or are open to exploring your options, at GCU you will be encouraged to engage in career development activities from day one of your studies. Our focus on employability means that you can be confident that your experiences at GCU will give you the best possible start for your future career.
Internships and Placements
Get ahead in the world of work with an industrial placement. Thanks to our strong business partnerships and cutting-edge applied research activities, we can offer you a wide variety of opportunities from short internships to year-long paid placements. More than half of our undergraduate programmes offer placements as part of the degree. See the progression tables on pages 39 and 43 to find out which degrees you can progress to that offer a placement.
Careers Services
- We offer a full range of professional support designed to help you to manage your own career development.
- Employer presentations and seminars, where you can meet, learn from and network with potential employers.
- Help securing part-time jobs and volunteering work to develop your skills and CV.
- Support securing internships and placements to provide you with the experience and skills employers demand.
- Access to Job Search: an online database used by thousands of employers to advertise vacancies both during your studies and upon graduation.
- Advice on opportunities to study abroad or as part of a global exchange.
- Career clinics provide one-to-one appointments with a professional career adviser
PSW Opportunity
- 2 Years PSW is applicable after completing a minimum duration of 9 months course (like- Undergraduate, Postgraduate Level)
- 3 Years PSW is applicable after completing PhD level courses.
Admission Requirement / Eligibility Criteria
Entry Requirements
Bangladesh
2 year Master's degree plus a 2 year Bachelor Degree successfully completed a Bachelor (Honours) degree of at least three years duration, followed by a Masters degree of one or two years duration. Degrees must be from a recognised institution in Bangladesh
First class
India
3 year Bachelor Degree
60%* *Exceptions (Prestigious Universities): University of Delhi/Kolkata/Pune require 55%+
International Qualifications
- XII standard at 70% or higher
All entry requirements listed here should be used as a guide and represent the minimum required to be considered for entry. Applicants who are made a conditional offer of a place may be asked to achieve more than is stated.
Standard entry requirements
This course is appropriate for experienced insurance professionals, who want to top up their career with an academic qualification, as well as recent graduates.
Typical Entry Requirements
UK honours degree 2:2 (or equivalent) in a relevant subject, for example, risk management, insurance, banking, financial services, actuarial studies, business management, business administration, computing, natural disaster management, marketing, economics, finance, accounting, mathematics, health science, engineering, law or any other insurance and risk management related subject.
Flexible entry - credit transfer and RPL
Candidates with degrees in other areas should demonstrate involvement in or familiarity with insurance and risk management practice such as employment in a relevant role or interest in transferring to this field usually established in personal statement and/or referee recommendations. However, the overriding consideration will be the Programme Leader’s assessment of the student’s ability to undertake the Programme successfully.
Professional qualifications and advanced entry
Chartered Insurance Institute’s, London (CII) Advanced Diploma in Insurance and Institute of Risk Management’s, London (IRM) International Diploma in Risk Management can be accepted in lieu of a degree.
CII, IRM and IoFA (Institute of Faculty of Actuaries) Associates and Fellows with or without work experience may enter into the programme with eligible accreditations or through accelerated route (such as Fast Track).
Candidates entering this validated programme with advanced standing through recognition of prior learning can only claim up to 50% of credits (90 credits).
English Language
Academic IELTS score of 6.0 (or equivalent) with no element below 5.5.
- Course Type: Full Time
- Course Level: Masters/PG Degree
- Duration: 01 Year 04 Month
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Total Tuition Fee:
19333 GBP
Average Cost of Living: 17796 GBP /year
Application Fee: N/A
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