bachelor‘s and master‘s degree programs at the institute for insurance studies

1

Bachelor‘s and Master‘s Degree Programs

at the Institute for Insurance Studies

2

Survey

Institute Profile

Major Courses of Study The Cologne Bachelor of Insurance

The Integrated Bachelor according to the Cologne model

The Cologne Master of Insurance

Further Information

3

The Institute for Insurance Studies

is located at the largest University of Applied Sciences in Germany with about 16,500 students in 10 faculties.

is unique in its field as all programs consistently comply with the requirements of insurance science as well as insurance practice.

offers exclusively programs, which are accredited according to international standards.

looks back on a long tradition since 1949. attracts first-year students from all over Germany. is based in a centre of the

German insurance businessas well as a city with heartand culture, Cologne.

4

Personnel

The institute currently employs 16 full-time professors, who are experts with several years of work experience and have prepared themselves in their specific teaching field through intensive studies.

Professors are supported by about 40 assistant lecturers who have practical experience and teach parallel.

International Cooperation

We maintain contacts to foreign universities and businesses in many countries. Students, who are interested, have the opportunity to study abroad for one semester and to combine these studies with an internship.

5

Survey

Institute Profile




Further Information

6

The Cologne Bachelor of Insurance

The Bachelor of Insurance program is designed as a full-time program consisting of 6 semesters and leading to a Bachelor of Arts (BA) degree.

Many students cultivate contacts in the insurance field by working during the semester break or preparing their final thesis with insurance companies.

Graduates are valuable to insurers, insurance brokers, other insurance agents, in insurance departments in trade and industry, at auditing and management consulting companies, and other firms.

By improving their language skills and using our international contacts, students can gain additional qualifications to take on challenges both at home and abroad.

7


Basic Studies:

Insurance management Business law Insurance law Mathematics and statistics Economics Accounting Taxation Risk management Electives (pedagogy and methodology, foreign languages, tutorials in information technology)

Lectures during basic studies already put an emphasis on facts relevant to

the insurance industry.

8


Compulsory modules of the main studies:

Advanced management International insurance markets

During their main studies students specialize in two specific insurance

lines. They choose subjects from a course catalogue:

Property and business interruption insurance Liability, accident, motor and legal insurance Health insurance Life insurance and pensions Marine and transport insurance Reinsurance Risk and damage management

9


In addition students specialize in one function within companies in the

insurance industry:

Finance and taxation Insurance marketing Human resources management Accounting in insurance companies Management of insurance broker and insurance

agency Insurance mathematics

Examinations during the Bachelor program are in the form of written

modules, written tests, papers and oral presentations.

The program is completed with a bachelor thesis which is to be written

in two months.

10

Survey

Institute Profile




Further Information

11


In cooperation with insurance companies, our Institute has designed a particularly attractive study offer.

Within 6 semesters the Integrated Bachelor according to the Cologne model offers both a bachelor´s degree and the German Chamber of Industry and Commerce examination and qualifications without vocational school attendance. Two reputable degrees are attained in a comparably short period of time.

This offer is aimed at qualified high school graduates in particular.

Employment with an insurance company is contracted prior to the beginning of studies.

12


Students will receive a vocational training salary to assure financial support during their studies.

In addition to studying full-fledged at the Cologne University of Applied Sciences, students are trained at their company 3 days a week during the first year. After the first year, training will be 2 days a week. There is not much leisure time left.

The degree of acceptance in practice is high; successful graduates can expect top career opportunities.

13

Survey

Institute Profile




Further Information

14


The Master of Insurance program is designed as a full-time program consisting of 4 semesters leading to the Master of Arts (MA) degree.

By organization – of courses, attendance, group projects and private study – combining this with a part-time job is generally possible.

Once you have completed the master's program, you are able to take on sophisticated tasks in insurance and financial services, as well as in consulting and auditing.

Furthermore, you will then also be qualified to be a senior public servant in government agencies and to begin doctoral studies.

15


Admission requirements:

Successful completion of a university degree in economics, law or mathematics with a minimum final grade of 2.5

Attendance in insurance or financial services lectures, or equivalent practical experiences

Good English skills, proved through a language test according to level B1/B2 of the Common European Framework of Reference for Languages

To obtain the master's degree you must complete an internship semester or

spend a period of at least two months in a non-German speaking country. The

internship may be done prior to or during the master's program.

16


The core contents of themaster program are:

Insurance management Indemnity and personal

insurance Actuarial sciences International law and

management

17


Studies consist of

Lectures arranged like seminars Seminars with student presentations Business simulations Mentoring during the first three semesters, intensive

consulting and tutoring by one professor Case study papers in the third and fourth semesters A master's thesis that must be handed in within three

months

Lectures, seminars and case studies are taught in German and partly in English.

18


The “Master of Insurance” is characterized by its hands-on approach.

Business simulations and case studies based on contemporary issues are

carried out in collaboration with partner companies.

The following companies are currently taking part in the implementation

of our case studies and business simulations:

19

Survey

Institute Profile




Further Information

20

Cooperation

These 2 organizations have stood by our institute by assisting and supporting

our work for many years now:

The Association of Sponsors of the Institute for Insurance Studies comprises almost every German insurance company, many major insurance brokers and insurance agents who are dedicated-company insurers. It helps us out of financial shortage caused by public budgets and assures a close connection to insurance practice.

The Association of Graduates in Insurance Business Studies consists of 2,000 members which our graduates are associated with. It maintains contacts between graduates (through local meetings, the association´s magazine, and by organising social events), supports further education of their members, consults students, and assists the institute in words and deeds.

21

Continuing Education

Professors of the Institute for Insurance Studies and members of the Association of Graduates in Insurance Business Studies founded the Seminar for professional continuing education which annually offers a wide agenda for employees of insurers and insurer agents, and contributes to the completion and expansion of the participants theoretical basis and current specialized knowledge.

Not least of all, once a year we organize the Cologne Insurance Symposium for the graduates – where high-ranking experts from the industry and science discuss current issues – and additionally the annual Cologne Reassurance Symposium.

22

Thank you very much for your kind attention!

Cologne University of Applied Sciences

Institute for Insurance StudiesClaudiusstrasse 150678 CologneTelephone +49 (0) 221 8275 [email protected]

bachelor‘s and master‘s degree programs at the institute for insurance studies

Documents