MSc in Insurance and Risk Management, University of Limerick

Limerick, Ulster

12 Months

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About this course

This MSc in Insurance and Risk Management is Ireland’s only specialist program, designed with a dynamic curriculum that covers insurance, risk management, and finance. Led by expert faculty and industry practitioners, the course prepares students to understand ongoing issues and innovations in the field. It emphasizes risk assessment techniques, sustainability, climate resilience, and complex specialty risks, integrating computational methods like data analytics, Python coding, and evidence-based research. The program also aligns with professional standards, receiving recognition from global and Irish insurance and risk management bodies. The face-to-face delivery includes hybrid elements, offering a comprehensive learning experience with access to world-leading financial data. The course aims to make students highly employable within Ireland and abroad, especially in insurance, reinsurance, financial services, and related sectors.

Why this course is highly recommended

This program is highly regarded because of its active and industry-relevant curriculum, led by experienced faculty and practitioners. It offers special recognition from organizations like GARP, III, and CII, providing partial exemptions for professional qualifications. The course also offers scholarships for careers in financial risk management and sustainability, making it a valuable choice for those seeking to advance in the risk and insurance industry.

Specialisation

Students can choose to follow a research pathway or a business analytics pathway through their capstone project, depending on their career goals. This specialization allows learners to deepen their expertise in either research methods or business analytics, aligning with their professional ambitions in risk management, insurance, or financial services.

Course fees

Application fees

16.25L

1st year tuition fees

16.25L

Living cost

Degree requirements

Applicants typically need a minimum 2:2 honours primary degree (Level 8) in a relevant discipline such as business, finance, economics, social sciences, or mathematics. Students from cognate backgrounds are encouraged to apply. For international applicants, the overseas equivalent is considered. Non-native English speakers must meet the university’s English language requirements, which may include providing proof of English proficiency or relevant experience in exceptional cases.

English language test

TOEFL

PTE

DUOLINGO

120

IELTS

6.5

Career prospects

Graduates of this program can expect to find employment in international insurance and reinsurance firms, risk management departments of large corporations, banking, regulatory authorities, climate change planning, and related fields. The program prepares students for a wide range of roles in the insurance and financial services industry across the globe.

FAQs

What are the main modules included in this course?

The course includes modules like Underwriting Risk, Insuring Life and Health Risks, Global Finance, Data Science for Risk Management, Risk Modelling and Derivative Markets, Climate Risk Resilience, among others. There are also options for research and professional development modules.

Are there professional qualification exemptions available?

Yes, the course has received recognition from the Insurance Institute of Ireland and the Chartered Insurance Institute, offering partial exemptions from certain professional qualifications.