MSc Risk Management and Insurance

Limerick

 

INTAKE: September

Program Overview

The MSc in Risk Management and Insurance at the University of Limerick is a specialized program dedicated to providing students with comprehensive knowledge and practical skills in managing risks and understanding insurance principles. Spanning one year, this program focuses on risk assessment, insurance mechanisms, and strategic risk management.

Curriculum: The curriculum is thoughtfully designed, encompassing various subjects such as risk analysis, insurance law, financial risk management, enterprise risk management, and insurance underwriting. It combines theoretical concepts with practical applications, case studies, and simulations related to risk and insurance management.

Research Focus: The program emphasizes a strong research-oriented approach, encouraging students to explore contemporary issues and innovative strategies in risk management and insurance. Students engage in research projects exploring areas such as cyber risk, climate change risks, insurance analytics, or risk modeling.

Industry Engagement: The University of Limerick collaborates closely with insurance companies, risk management firms, and regulatory bodies. The program includes industry-linked projects, guest lectures by industry experts, and internships, providing students with hands-on experience and insights into real-world risk management and insurance practices.

Global Perspective: Acknowledging the global nature of risks and insurance, the program provides a global perspective by addressing risk management and insurance practices in diverse international contexts. It explores global risk trends, international insurance markets, and the impact of globalization on risk management strategies.

Pollster Education

Location

Limerick

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

€ 18720

Postgraduate Entry Requirements

Academic Qualifications: Typically, a minimum of 60% or above in previous academic qualifications is required for admission.

English Language Proficiency: 

  • IELTS: Overall band score of 6.5 or 7.0, with no individual section below 6.0.
  • TOEFL iBT: Overall score of 90 with a minimum of 21 in each section.
  • PTE (Pearson Test of English): Overall score of 61, with a minimum of 59 in each communicative skill.
  • DET (Duolingo English Test): Overall score of 120.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It's important to note that entry requirements can vary by program and may change over time. Additionally, some programs may have additional requirements, such as interviews, portfolios, or work experience.

The University of Limerick (UL) is supporting the academic aspirations of international students by offering various scholarship opportunities that recognize academic excellence, talent, and diverse backgrounds.

Merit-Based Scholarships: UL provides a range of merit-based scholarships for international students based on academic achievements, varying from undergraduate to postgraduate levels. These scholarships are awarded to high-achieving students who demonstrate exceptional academic performance.

Country-Specific Scholarships: The university also offers scholarships specifically tailored to students from certain countries or regions. These scholarships aim to encourage diversity and attract exceptional talent from different parts of the world, providing financial support to deserving candidates.

Sports Scholarships: UL values sporting achievements and offers scholarships to international students who excel in sports. These scholarships support athletes pursuing their academic goals while representing the university in various sporting events.

Research Scholarships: For postgraduate students pursuing research-based programs, UL provides research scholarships to support their academic endeavors. These scholarships assist in covering tuition fees, living expenses, and research-related costs.

Graduates of the MSc in Risk Management and Insurance from the University of Limerick have diverse career pathways.

Risk Analyst/Manager: Assessing and mitigating financial and operational risks within organizations or financial institutions.

Insurance Underwriter: Evaluating risks and determining insurance coverage for clients based on risk analysis.

Claims Manager: Handling insurance claims, investigating claims, and ensuring fair settlement practices.

Risk Consultant: Providing advice to organizations on risk management strategies, compliance, and risk assessment.

Insurance Broker: Assisting clients in choosing insurance products, negotiating terms, and facilitating insurance transactions.

Reinsurance Specialist: Managing reinsurance policies and mitigating risks for insurance companies.


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