MET Center for Insurance Training, Research & Development

MET Centre for Insurance Training, Research & Development (MET CITRD) in Bandra, Mumbai, offers the Post Graduate Programme in Empowered Management and Business Administration - Insurance (PGP EMBA-Insurance), in collaboration with the Chartered Insurance Institute (CII), London. This partnership aims to equip students with both technical and managerial skills tailored for the global insurance industry. 

Although MET CITRD lays a lot of stress on robust placement support, detailed placement figures for the PGP EMBA-Insurance course are not available to the public. The institute focuses on placements of graduates in prestigious companies in India and abroad, crediting this achievement to the program's rich curriculum and international recognition.

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MET Centre for Insurance Training, Research & Development (MET CITRD) founded in 1989 in Bandra, Mumbai, is one of the top B-Schools of India. Affiliated to University of Mumbai and approved by AICTE, it provides a Post Graduate Programme in Empowered Management and Business Administration 

The institute has a Wi-Fi campus with air-conditioned classrooms, e-libraries, and a state-of-the-art convention center for conducting seminars and workshops. Although MET CITRD is keen on placement support, exact placement figures are not made public. Potential students are requested to communicate with the institute directly for precise information on placements and jobs.

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The Post Graduate Program Executive Master of Business Administration in Insurance which MET CITRD, Bandra, provides is challenging on a medium scale. The training module is planned in such faculty members that merge management principles with insurance-specificities, thus requiring fast analytical and strategic thought. The curriculum concentrates on risk management, underwriting, and financial analysis and may be strenuous for a beginner.

The prospects of completion are much bigger for those with 2-5 years of experience, but things will continue to unfold in the technical sections and case studies. Nonetheless, faculty support is strong, but self-study must be done to grab the full knowledge. The evaluators concern themselves with a candidate's projects and practical application rather than knowledge of chapters. Once somebody is motivated and continuous with all his efforts, it's no big deal, especially if the student has a business background.

MET CITRD, Bandra, even though costs for the PGP or PGP EMBA programs may touch on the expensive side, that is due to the Mumbai culture, yet it is not in the higher category. In-around INR 8 Lacs to 12 Lacs for the entire programme costs, running up to 23 to 24 months, not only covering tuition and course material but also the facilities.

Surprisingly, this cost falls below the major Tier 1 players like the IIMs (INR 15-25 lakh) and some other tier 2 schools with a pretty strong reputation (INR 5-7 Lacs each). In addition to the base charges, one must also count another around INR 1-2 Lacs for the rent in shanty-town or in open houses. All in all, you would find it fair, given placements and the huge opportunity to brighten anyone's life in the future. 

Unlike MET CITRD, Bandra, many other management institutes are not given the Tier 1 or Tier 2 tag. Itself is a low Tier 2 category per se. In terms of nation-wide fame, it does not have that extraordinary Tier 1-like tag that is attributed to the institutions like the IIMs or the Hyderabad ISB.
In Mumbai, catering performance is taken irrespective of the big league. In the case of the 2024 batch, between 7 to 8 Lacs is the take-home package of MET CITRD. Facilities within the infrastructure and the teaching faculty are in-line with esteemed business schools. Research is not its the strongest point, neither has the programme been ever ranked, nor has MET CITRD acquired a good number of successful alumni from its representative body.

This is usually the Tier 2 choice for a student after the knowledge he should have the understanding about when the concept of value surpasses the concept of prestige in higher education.

Direct admissions are less common for MET CITRD, Bandra; since structured entry exams are always held for most of the programs. For example, entrance exams have to be an essential part of ones leading to PGPM or PGP EMBA, whether it's Common Aptitude Test (CAT) or Xavier Aptitude Test (XAT) or Graduate Management Admission Test (GMAT) or Test conducted by MET for that set of programs on campus or in or out of the city.

With management quota reserve seats, one could get admitted to the programs not through any official procedure, but for some B Schools, there are limited seats wherever applicable. The established managed quota will require a much higher fee than a general stronghold. Certain strict guidelines have this regard. A 50% minimum aggregate mark in one economic stream (general or honours) should keep a candidate in good shape for the programme in either case. Work-experience in itself is an edge.