MBA in Insurance and Risk Management 

at NLU Jodhpur, Jodhpur

There is confusion about the fact that the NLU Jodhpur MBA course is in insurance and insurance risk management with a fee of Rs. 2,35,000/year for two years. Jaipur National University offers an MBA course in dual specialisation and hospital and health care management with fees of Rs. 1,80,500 per year for two years. At NLU, there is no entrance exam for the selection process; it is based on merit. The JNU entrance exam (CAT, MAT, XAT, and CMAT) is clear for the selection process. In NLU, the admissions process is not lengthy, but fees are higher, and in JNU, the fees are lower, but the selection process is tough.

NLU Jodhpur is a public law school and a National Law University established under the National Law University, Jodhpur, Act, 1999 enacted by the Rajasthan State Legislature. At NLU Jodhpur University, there are two courses to pursue in MBA. MBA in Risk and Insurance, at which the fee is INR 2,35,000/year for two years. Another is the MBA in Insurance, at which the fee is the same as the first one. 

Yes, National Law University Jodhpur (NLUJ) offers a postgraduate degree in MBA. It is full-time, two-year programme offered to a total of 40 students who satisfy the eligibility and selection criteria. Students are selected based on their performance in graduation, personal interview and group discussion. NLU Jodhpur MBA course is offered under one specialisation, i.e. Insurance. Interested students can visit the official website of the university to apply for the course online.

Yes, NLU Jodhpur reserves 25% of the total MBA seats for candidates with a valid domicile certificate of the State of Rajasthan. These seats are reserved horizontally. A horizontal reservation system that provides equal opportunities to all groups of people, including women, transgenders, SC/STC/OBC candidates, etc. Additionally, the university provides vertical reservation to candidates belonging to SC/ST/OBC/MBC of Rajasthan/SAP category.

NLU Jodhpur MBA (Insurance) is a two-year, postgraduate degree programme offered in the full-time mode. The programme is divided into four semesters. The curriculum covers a variety of subjects related to the fields of management and insurance. Some of these subjects have been listed below:

• Principles and Practice of General Insurance
• Principles and Practice of Life Insurance
• Risk Management
• Health Insurance
• Fire Insurance
• Engineering, Petrochemical & Energy Risk
• Liability and Aviation Insurance
• Reinsurance

According to media reports, of all the recruiters, Trilegal hired the highest number of students (12) during NLU Jodhpur placements 2024. In addition to this, 2 training contracts from international firms were received.

The NLU Jodhpur MBA average package details have not been released for 2024. However, the NIRF report 2022 consists of median package data offered to the 2021 batch.

The average salary package offered ranges between 4-5 LPA. In some batches, there are 100% placements, and in some batches, there are 95% placements. The college also provides an internship.

The highest salary package offered is 25 LPA. Top companies like ICICI Bank, HDFC Bank, Bajaj, etc.

NLU Jodhpur can pursue a variety of career opportunities after purusing an MBA. As the MBA programme of NLU Jodhpur is offered under the specialisation of insurance, the students usually get placed in insurance companies in the private and government sectors. Some government organisations that may hire MBA degree holders of NLU Jodhpur are General Insurance Corporation of India  (GIC), Life Insurance Corporation of India (LIC), NABARD, New India Assurance Company Limited (NIA), etc.

NLU Jodhpur offers good placement annually for its BBA LLb, BA LLB and LLM courses. According to media reports, the 2024 graduating batch of NLU Jodhpur bagged 43 job offers from leading Law firms and corporates. Additionally,  16 students received PPOs and 27 students accepted job offers on day zero. The key highlights of NLU Jodhpur placements for the class of 2022 are tabulated below:

NOTE: The aforementioned details are collated from multiple media sources.