Insurance and Sustainable Risk Management is leading the way in shaping the future of the insurance industry. The Masters in Insurance and Sustainable Risk Management from GCU London gives students the skills that insurance professionals of the future will need.
The insurance industry is constantly changing. With advances in technology, an evolving risk landscape and a growing need for new insurance solutions in emerging markets, future insurance graduates will be required to have different skill sets to be able to respond to these challenges.
How will we insure driverless cars? Smart houses or drones? Cyber insurance? How can micro-insurance help to close the insurance gap in emerging markets? The insurance and risk management masters degree provide you with the knowledge and skills needed to adapt to a changing risk landscape as well as current social, economic and political issues, within the context of insurance and risk management.
You will gain in-depth knowledge and understanding in underwriting and claims management, the core functions of the insurance profession. Choose the Masters in Insurance and Sustainable Risk Management and take the next step in developing your technical and soft skills; identifying, forecasting and managing risk and discovering the importance and the thought-provoking nature of the insurance industry.
As a masters student at GCU London, you gain knowledge and develop skills on quantitative modelling and pricing insurance as well as developing leadership skills in managing insurance businesses. Our graduates will become managers in insurance businesses and leaders in their field of expertise.
Glasgow Caledonian University has over 30 years experience in teaching Risk Management and this new masters degree programme expands that knowledge to further specialise in Insurance Management. You will learn from teaching staff who are industry experts with extensive insurance and risk management industry experience.
Based in London, where Lloyds of London started ensuring risks more than 325 years ago from a coffee house, study with GCU London and access industry-led teaching and visits to leading insurance organisations.
Upon successful completion of this masters degree, graduates will go on to a range of different insurance and risk management careers in a wide variety of fields including claims, underwriting, reinsurance, risk analysis and modelling.
There is currently a talent shortage both in the UK and the international insurance industry. With insurance professionals retiring and disruptive technologies and emerging markets changing the industry further, this talent shortage is expected to increase. Consequently, there is an urgent need for technically skilled insurance graduates to fill this gap worldwide.
The masters degree has been designed with a team of academics and industry professionals to combine the latest theoretical and practical insurance and risk management content.
The MSc focuses on contemporary issues such as cyber risk insurance, emerging market risk, micro insurance, insurance for climate change, and Takaful (Islamic) Insurance. This makes the GCU London Insurance and Risk Management masters degree unique to the UK.
The programme will also teach you how to become an innovative leader and give you the soft skills necessary to run an insurance business of the future.
Upon completion of the degree course, you will have both theoretical and technical knowledge on advanced insurance topics ranging from underwriting and reinsurance to insurance regulations and accounting.
The programme is made up of eight 15 credit modules and a 15,000 words research project worth 60 credits.
- Underwriting and Claims Management
- Insurance Automation, Digitalisation and Cyber Security
- International Insurance Markets, Accounting & Regulations
- Insurance Solutions for Risk in Emerging Markets
- Reinsurance, Risk Financing and Securitisation of Insurance Risk
- Enterprise Risk Analysis & Modelling in Insurance
- Contemporary Issues in Management & Leadership in Insurance
- Introduction to Research Methods
- Research Project
Download the Programme Specification for a detailed breakdown of its structure, what you will learn and other useful information.
|Award||Mode of study||Duration||Start date||Location|
|MSc||Distance Learning||2 - 3 Years||31 Jan 2022||GCU London||Enquire Apply|
|MSc||Full Time||16 Months||31 Jan 2022||GCU London||Enquire Apply|
|MSc||Part Time||2 - 3 Years||31 Jan 2022||GCU London||Enquire Apply|
|MSc||Distance Learning||2 - 3 Years||28 Sep 2021||GCU London||Enquire Apply|
|MSc||Full Time||1 Year||28 Sep 2021||GCU London||Enquire Apply|
|MSc||Part Time||2 - 3 Years||28 Sep 2021||GCU London||Enquire Apply|
All entry requirements listed here should be used as a guide and represent the minimum required to be considered for entry. Applicants who are made a conditional offer of a place may be asked to achieve more than is stated.
Standard entry requirements
This course is appropriate for experienced insurance professionals, who want to top up their career with an academic qualification, as well as recent graduates.
Typical Entry Requirements
UK honours degree 2:2 (or equivalent) in a relevant subject, for example, risk management, insurance, banking, financial services, actuarial studies, business management, business administration, computing, natural disaster management, marketing, economics, finance, accounting, mathematics, health science, engineering, law or any other insurance and risk management related subject.
Flexible entry - credit transfer and RPL
Candidates with degrees in other areas should demonstrate involvement in or familiarity with insurance and risk management practice such as employment in a relevant role or interest in transferring to this field usually established in personal statement and/or referee recommendations. However, the overriding consideration will be the Programme Leader’s assessment of the student’s ability to undertake the Programme successfully.
Professional qualifications and advanced entry
Chartered Insurance Institute’s, London (CII) Advanced Diploma in Insurance and Institute of Risk Management’s, London (IRM) International Diploma in Risk Management can be accepted in lieu of a degree.
CII, IRM and IoFA (Institute of Faculty of Actuaries) Associates and Fellows with or without work experience may enter into the programme with eligible accreditations or through accelerated route (such as Fast Track).
Candidates entering this validated programme with advanced standing through recognition of prior learning can only claim up to 50% of credits (90 credits).
Academic IELTS score of 6.0 (or equivalent) with no element below 5.5.
If a student does not meet the English language requirements, they may be eligible for GCU London pre-sessional English programme which is taught at London campus.
Please note: if you are from a majority English speaking country, you may not be required to provide further proof of your English Language proficiency.
Other academic and vocational qualifications
Each application to GCU is considered on an individual basis. If you do not have the typical academic entry qualifications, but can demonstrate relevant work experience and/or credits from recognised professional bodies, you may be eligible to enter this course via the University's Recognition of Prior Learning scheme.
The tuition fees you pay are mostly determined by your fee status. What is my student fee status?
Tuition fees 2020/21
Home (including Scotland and Europe): £12,500
International (outside Europe): £14,500
Tuition fees 2021/22
Home (including Scotland): £12,500
International (including Europe): £14,500
Part-time and distance-learning tuition fees
For details of part-time and distance-learning fee rates, please make an enquiry today.
Fees are subject to change and published here for guidance only.
As a student at the University, there are additional fees and costs which may or may not apply to you, but that you should be aware of.
We provide high-quality education for a fair price; as the University for the Common Good, we are committed to offering accessible higher education for talented students by keeping our tuition fees low and providing a generous scholarship package of £2 million per year.