College of Business
Master of Business Administration in Insurance and Risk Management
Overview
Insurance is often the final transfer of risk. The UAE has the largest insurance industry in the GCC and produces approximately 45% of all GCC written premiums. Loss prevention activities such as insurance help businesses reduce the likelihood of negative events and losses.
Risk management is a process by which business risks are identified, analyzed, engineered, reduced, eliminated or transferred. Risk management professionals must first identify possible risks and then look for ways to mitigate them. Risks could be anything that may negatively affect the finances of an organization including a lawsuit, labor dispute, or potential damage to an asset.
Developed in response to the global attention to insurance and risk, this MBA concentration focuses on the relationship between risk management and insurance, enabling you to explore the interplay between insurance, risk management and financial services. Courses include Advanced Risk Management and Insurance, Advanced Enterprise Risk Management, and Regulatory Aspects of Insurance - a customized course covering the legal aspects of insurance specific to the UAE.
The program is the only one of its type offered by an AACSB-accredited university in the UAE and the region, creating fantastic opportunities for strategic partnerships with market-leading insurance organizations.
The MBA program is comprised of eight core courses (24 credit hours) and three concentration courses. Our unique six-term structure offers you ultimate flexibility in terms of start date and study schedule and means you can complete your MBA in one year. It also allows you to better manage your workload as you take only two courses per term delivered in the evenings and weekends. If professional or personal commitments dictate that you need to miss a term, it is easy to catch up. Ours is the only MBA in the UAE that offers such flexibility.
Tuition Fees structure & calculation
Abu Dhabi
Al Ain
Al Dhafra
Dubai
Tuition is based upon the College and/or Department classification as opposed to the course classification or level. Tuition rates for undergraduate students vary from the tuition rates for graduate students.
The tuition fee calculations are an example only and are based on the assumption that elective courses will be taken with the College that the student is taking their major with. However, if the student selects elective courses outside of this College, the total cost payable may increase or decrease to reflect the tuition rate of the College where the elective is delivered.
Costs of books and supplies are not included in the Tuition and Fees. Students at Abu Dhabi University are also required to pay certain fees and other costs to attend the University. Abu Dhabi University reserves the right to change tuition and fee rates at any time. A tuition schedule is published prior to registration for each semester.
For more information, please click here to view the University's tuition fee structure. Fees are subject to change during the year as per government charges and testing bodies.
Career opportunities
Every type of business encounters some level of financial, legal, or operational risk and, with the rapid expansion of the insurance industry in the UAE over the past few years, the demand for professional insurers and risk managers has increased dramatically.
As a risk and insurance professional, you will be fully equipped to work in a variety of different roles including risk manager, risk analyst, insurance agent, underwriter, or claims professional.
Whether you are a BBA graduate, or a professional already working in the insurance sector, this program will advance your career in the industry.
Entry requirements
Bachelors Degree
Directly related discipline with a minimum CGPA of 2.50 on a 4.00-point scale, from an accredited university recognized by the UAE’s Ministry of Education- Higher Education Affairs.
English language proficiency requirements
For programs taught in English, a minimum score range of 1400 - 1525 on the English language portion of the EmSAT examination, or its equivalent on other national or internationally-recognized tests that are approved by the CAA, such as TOEFL scores of 213 CBT (Computer-Based Test), 79 - 80 IBT (Internet-Based Test), 550 PBT (Paper-Based Test), or 6.0 IELTS (taken at Amideast or Knowledge Group), or their equivalent.
Students who are native speakers of English, and have completed their undergraduate education in an institution where the medium of instruction is English may be exempted from the English Proficiency Tests.
Applicants with CGPA’s and English Proficiency Test scores that don’t match the above requirements may be granted exceptions for conditional admission. For more information on conditional admission to any of ADU’s postgraduate programs, please contact the Admissions and Enrolment Department of your local campus.
International Students
We also welcome applications from students with a variety of bachelor degrees from an accredited university recognized by the UAE’s Ministry of Education- Higher Education Affairs, upon their successful completion of any required program foundation courses. These applicants will be granted admission into the program after the successful completion of some business foundation courses. For more information on international students’ admission to any of ADU’s postgraduate programs visit, please visit Postgraduate International Admission.
Transfer Students
Postgraduate transfer students may apply for credit transfer for courses taken prior to joining Abu Dhabi University only once, when they first apply for admission. For more information on requirements for credit transfer, visit Postgraduate Transfer Students.
Course outline
Scholarships
Abu Dhabi University is dedicated to empowering outstanding students and inspiring them to pursue their educational objectives.
Our scholarship and financial aid program represents a key pillar in our strategy for academic excellence and reflects our commitment to supporting the development of the UAE.
We consider it an important national duty to provide equal opportunities for students interested in pursuing higher education and enable them to proactively contribute to society regardless of their financial situation.
Please click here to find out more about the scholarship and financial aid offerings from ADU