The program offers professional training in specialized subjects such as Insurance Sales Practices and Management, Insurance Products, Legal and Regulatory Aspects of Life Insurance and will also cover the fields of General and Marketing management. The duration of the programme is one academic year. The first batch of 60 students will commence from July 2009 at Mumbai.
The Memorandum of Understanding was signed between Mr. Rajan Kalia, Executive Vice President & Head-Human Resources, Max New York Life Insurance and Dr. Saxena, Officiating VC of NMIMS.
Speaking on this occasion, Dr. Saxena, Officiating VC of NMIMS, said, “As a leading University, we design courses to cater to the ever increasing learning and development needs of an industry. The course is designed to provide students a through understanding of the specialised functions of insurance management and to enable them to take on challenges from the very first day at work.”
Mr. Rajan Kalia, Executive Vice President & Head-Human Resources, Max New York Life Insurance said, " With the rapid growth in the Indian insurance industry over the last few years, there is an increasing need for skilled professionals in the sector. One of the most effective ways to provide a ready pool of productive talent is to establish a strong industry-academia partnership. Keeping this approach in mind, we have designed our strategy to partner with niche institutes to train and develop insurance professionals.''
''Our tie-up with School of Commerce of NMIMS University is a part of this initiative and we look forward to providing a strong platform for graduates to learn and build careers in specialized functions of life insurance. On successful completion of the course, they will be offered the position of Associate Sales Manager at Max New York Life Insurance. '', he added.
The course curriculum has been developed in such a manner as to bring in the insurance industry perspective in a classroom enviornment by incorporating both the industry as well as the academic perspective.
