Major subject: Risk Management & Insurance
A warm welcome to the ‘Risk Management & Insurance’ major subject!
Find out more about this major subject:
- Munich as an insurance hub: Munich is not only the most liveable city, but also Germany’s most important insurance hub. Many companies listed on the German Stock Index (DAX), such as Allianz and Munich RE, are headquartered in the Bavarian capital. This results not only in exciting and challenging career opportunities, but also in attractive offers for internships and final assignments.
- An exciting and highly innovative sector: the megatrend of digitalisation presents the entire insurance industry with major challenges for the future. As a graduate of this major subject, you will have the necessary expertise to tackle these challenges and play an active role in shaping the future of insurance companies.
- Practical teaching: The lecturers have excellent links with renowned, globally active insurance companies, which ensures that the course content is taught in a practically-oriented manner.
- Students develop novel approaches to designing market innovations for the insurance sector and to assessing the business models of InsurTechs in terms of their level of innovation and their chances of success.
- You will learn how risk management and premium calculation work in insurance companies, what the specific challenges of insurance sales entail, and develop an understanding of the opportunities and risks from the perspective of insurance companies in the context of digitalisation.
- Students recognise how digital innovations and transformations affect business models and how customer needs are changing as digitalisation advances.
- You will also explore current industry trends and market developments (artificial intelligence, the Internet of Things, big data, blockchain, etc.) and gain an insight into the mechanisms and developments of the international financial markets.
- The insurance sector has been performing very well for years. As a result, insurance companies offer graduates specialising in this field secure jobs and, consequently, excellent career prospects.
- By completing this major subject, you have laid the foundations for a successful career as a specialist or manager.
- You can look forward to a wide variety of challenging and exciting career paths in specialist departments similar to those found in large industrial companies, such as in the fields of asset or risk management, audit, internal audit, compliance, marketing, controlling and accounting, business and strategy development, or marketing.
- As well as excellent earning potential, once you have successfully completed your studies, you will be able to work in a booming market and, furthermore – thanks to the megatrend of digitalisation
| Module number | Module title | Credit points |
|---|---|---|
| RI.1 | Insurance | 5 |
| RI.2 | Risk Management | 5 |
| RI.3 | Digital Insurance Management | 5 |
You can find the detailed module descriptions in Hamster (formerly NINE).
