Bachelor of Insurance and Risk Management with Apprenticeship

  • Fee 1,500,000/=
  • Duration 3 Years
  • Language English
  • Mode of Study Full Time
  • Intakes October


A bachelor's degree program in insurance and risk management prepares students to help businesses and individuals predict and plan for potential risks in order to minimize losses. Studies often focus on the principles of business, finance, economics, and organizational management while covering the theories behind risk management and loss management. The program provides students with a strong foundation of knowledge of the insurance industry. Courses cover the basics of life and health insurance policies, insurance laws and regulations, commercial insurance, and personal insurance.

What you'll study
Semester I
  • General Insurance Business
  • Principles of Risk Management
  • Principles of Accounting
  • Business Mathematics
  • Business Law
  • Development Perspectives

Semester II
  • Principles of Economics.
  • Business Computer Application
  • Business Communication
  • Enterprise Risk Management
  • Principles of Bancassurance
  • Customer Service and Marketing Insurance Product

Semester III
  • Insurance Law and Regulations
  • Motor Insurance Practice
  • Insurance Underwriting Practice
  • Healthcare Insurance Practice
  • Insurance Intermediary Practice
  • Bancassurance Practice

Semester IV
  • Risk Financing and ART
  • Engineering Insurance
  • Life Assurance and Critical Illness
  • Principles of Management
  • Research Methodology
  • Liability Insurance

Semester V
  • Advance Claims Management
  • Surplus Line and Reinsurance Business
  • Fundamentals of Loss Assessment and Adjustment
  • Agriculture Insurance
  • Microinsurance Practice

Semester VI
  • Financial Planning and Management
  • Strategic Management
  • Oil and Gas Insurance
  • Entrepreneurship
  • Marine Insurance Business
  • Project Risk Management
  • Human Resource Management

Entry Requirements

Diploma in Insurance and Risk Management, Finance and Banking, Economics and Finance, Marketing, Taxation, Business Management, Micro Finance,  Procurement and Logistics Management, Credit Management or Accountancy with an average of “B’’ or a minimum GPA of 3.0 or Foundation Programme of the OUT with a minimum GPA of 3.0. OR

Form VI with two principal passes in the following subjects: History, Geography, Kiswahili, English Language, French, Arabic, Fine Art, Economics, Commerce, Accountancy, Physics, Chemistry, Biology, Advanced Mathematics, Agriculture, Computer Science or Nutrition. The two principal passes MUST make an aggregate of 4.0 points as a minimum or Foundation Programme of the OUT with a minimum GPA of 3.0.

Careers and opportunities

 You’ll be prepared for global career opportunities in the areas of:

  • Risk management analyst or Loss Control Specialist
  • Insurance underwriter
  • Insurance- A Legal/ Compliance Officer
  • Insurance broker
  • Insurance sales agent
  • Damage appraiser

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