Master of Insurance Business through Distance Learning

Are you working in the insurance sector and want to upgrade your knowledge to get a higher designation? Do you want to change your profession and earn through the insurance business? Master of Insurance Business through distance learning would give you an opportunity to make your dream come true of working in a higher post in insurance industry or running your own insurance business, both nationally and internationally. Correspondence learning is a preferred mode of education nowadays for many working professionals and students, because they can complete the course at their own convenient time, without hampering the regular work. The students under this course can opt for the following specializations:

  • Life Insurance
  • Travel Insurance
  • Liability Insurance
  • Health Insurance
  • Property Insurance
  • Workers Compensation
  • Auto Insurance
  • Title Insurance
  • Accident, Sickness & Unemployment Insurance
  • Aviation Insurance
  • Pet Insurance

Distance Learning Institutes Offering Master of Insurance Business

Some of the most popular institutes offering Master of Insurance Business through distance learning are as follows:

List Of Universities Offering Master Of International Business Courses


Name of Institute Contact Details
Guru Jambheshwar University of Science & Technology Delhi Road, Hisar, India

Directorate of Distance Education (Guru Jambheshwar)

Contact No.: 01662276735



Indira Gandhi National Open University (IGNOU) Maidan Garhi, New Delhi-110068, India

Phone: 91-11-29532321, 29535924-32,

29535062-65 (EPABX), Extn. 2504 & 2508

Fax: 91-11-29536588

E-mail :

Website :

Prin. L. N. Welingkar Institute of Management Development & Research Lakhamsi Napoo Road, Opp Matunga Gymkhana,

Matunga (C.R.) Mumbai – 400 019

Tel : +91-022-65272976 / 65272978

Mobile : 09220686681

E-mail :

The College of Vocational Studies (University of Delhi) Sheikh Sarai, Phase II, New Delhi
Academy of Insurance Management Asia Pacific Institute of Management, Opposite Pocket-E, Sarita Vihar,

New Delhi, 110024

Birla Institute of Management Technology Sector-4, Pushpa Vihar, New Delhi, 110017
Kurukshetra University Kurukshetra, Haryana


Phone: +91-1744-238518

Fax: +91-1744-238628

Web Site:

Eligibility Criteria


For admission to the master degree course in insurance business, one needs to have a bachelor’s degree in commerce, with economics, mathematics and accountancy as compulsory subjects. The minimum percentage in aggregate should be 50. Students from science or humanities background, having mathematics as a compulsory subject and relevant work experience in the concerned field are also offered admission. Some institutes conduct their own entrance examination.

Duration of the Course


In general, the duration of completion of the course is two years. However, for students pursuing the course under distance education mode, the duration can be extended further.

Career Prospects

With a master’s degree in insurance business, one can get employment in insurance firms as development officers; one can also get government jobs as administrative officers after qualifying through employment examination conducted by the government insurance companies, which consist of Life Insurance Corporation of India (LIC), General Insurance Corporation (GIC), and Postal Life Insurance. Apart from the government sectors, one can also get lucrative jobs in top MNCs like ING Vysya Life, Tata AIG Life, HDFC Standard Life-Insurance Co., Reliance, SBI Life Insurance, ICICI Prudential, Om Kotak Mahindra, Birla Sun-Life, and Max New York Life. If a doctor or a mechanical engineer pursues this distance education course, he or she can also work as insurance inspectors in top insurance companies to access the actual loss incurred and avoid fraudulent claims. Some of the common designations enjoyed by an individual holding a master’s degree in insurance business are -

  • Administrative Officer (AO)
  • Asset Manager
  • Development Officer
  • Actuary
  • Customer Service Representative
  • Composite Agent
  • Underwriter
  • Sales Representative

Distance Learning PG Courses