Program Structure
The Master in Insurance & Risk Management offers both full-time and part-time options.
The learning is equal across the two formats, and you can choose your own pace to complete it.
However, there is the possibility of following up to 30% of the sessions on-demand (recorded).
Application period to the 27th edition, starting on 1st October 2025, is open.
The learning is equal across the two formats, and you can choose your own pace to complete it.
- 12-months full-time intense and fast-paced. 8 months of on-campus or online attendance, followed by an internship or other elective activities, and the final thesis.
- 2-years part-time, timeline and course line-up are customized: you will get advice from the MIRM Program Manager on optimizing your Master's schedule.
However, there is the possibility of following up to 30% of the sessions on-demand (recorded).
Application period to the 27th edition, starting on 1st October 2025, is open.
Management Skills
The curriculum combines insurance-finance specialization with management expertise, accessible to graduates from diverse backgrounds.
The approach balances technical knowledge and management tools, without requiring prior specialized training.
The approach balances technical knowledge and management tools, without requiring prior specialized training.
MIRM Phases
First Phase: Core Courses
The first phase of the Master's includes the mandatory Core Section, made up of the Compulsory courses.The program builds on five Areas:
- Fundamentals
- Insurance Business Management
- Insurance Actuarial Management
- Risk Management
- Business Innovation, featuring courses such as New Product and Service Development and Machine Learning for Business Analytics.
- Leadership Dynamics and Accountability Track
Second Phase: Elective Courses and Activities
After the Core phase, participants customize the Master by choosing some Elective courses according to aptitudes and aspirations in order to personalize their Master's study plan.
In addition, the program is customizable with various options:
- Company Internship
- Exchange Study program at one of the Business School partners
- Study Tours in Europe
Third Phase: Final Project
The program concludes with a Final Project on an insurance, finance, or risk management topic you select.
You can develop this project through your Internship experience or Elective activities, applying what you've learned to a real professional challenge.
The Courses & the Credits
| Fundamentals | ||
|
Finance Accounting Quantitative Methods Financial Mathematics Research Methods |
10 | |
| Insurance Business Management | ||
|
Insurance Reporting and new IFRS Digital Transformation of the Organization Customer-centricity and Value-driven Marketing Corporate Finance Strategic Management ESG Investments, Reporting and KPIs |
15 | |
| Insurance Actuarial Management | ||
|
Actuarial Risk Management Life Insurance Non-life Insurance Health, Welfare and Pensions |
10 | |
| Risk Management | ||
|
Enterprise Risk Management Hedging, Derivatives, and Financial Risk Management Enterprise Risk Management in Insurance |
6.5 | |
| Business Innovation | ||
|
New Product and Service Development Machine Learning for Business Analytics |
6 | |
| Elective Courses** | ||
|
Creativity at Work Open Innovation Reinsurance Digital Marketing Data Analytics for Finance and Insurance Strategy and Management Consulting Firm Valuation Crypto Economics Doing Business in Central and Eastern Europe |
4.5 | |
| Leadership Dynamics and Accountability Track | ||
| 4 | ||
| Final Dissertation | ||
| 4 | ||
| Total | 60 | |
|---|---|---|
* One credit consists of 25 hours of workload as defined by the European Credit Transfer System (ECTS).
** List of Elective Courses subject to change.
Optional: Elective Study Tours (no credits).
Attending MIRM means getting all the tools you need for entering the world of finance and insurance with ease. But that's not all: it also means acquiring faith in yourself and in your possibilities.
Stanislav Sirakov
Portfolio Manager, LAUNCHub Seed & Acceleration fund
Didactics
During the course of study intense periods make the experience even more effective and engaging:
-
In.house classroom experience, concentrated in the first part of the Master
-
Case Studies
-
Field projects
-
Company visits
-
International Study Tours
-
Personal development, tutoring and orientation activities
Find out more
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