Specialized block MBA
Master of Business Administration
MBA Insurance
The second block of study is specialized block and consists of three educational modules, which the student completes within his specialization. The modules of the specialization take place within one course day. Students choose an exact date from a wide range directly in the student section.
List of Specialized Modules
Insurance Industry
The educational module deals with the origin, development, principles and characteristics of insurance as well as the legal regulation of this branch. Attention will also be paid to the development and trends of insurance premiums in the Czech Republic. The types of insurance will be mentioned (life and non-life, liability insurance, financial and special risks, etc.). A wide range of insurance products, their development, opportunities to increase their quality and expansion will be described.
Insurance Law
The aim of the module is to transfer knowledge and practical skills from a wide range of insurance legislation and insurance. Particular attention will be paid to the regulation of contractual documentation (insurance contracts and general and special insurance conditions), insurance events, legislation that directly relates to the activities of insurers, insurance conditions of persons and liability for damage under the Commercial and Civil Code and other legislation.
Risk Management in Insurance Companies
Students will have the opportunity to gain a comprehensive overview of all types of risks (technical risk, market, credit, operational risk, investment portfolio risk, etc.) that insurance product intermediaries may encounter. Information on the risk management process in commercial insurance companies is crucial. Risk management has a strong place in this area as well. Students of the educational module will gain immediately applicable practical information in their professional life about the constantly recurring cycle, which determines the operation of insurance institutions and which is associated with risks in each of its phases. Lecturers will provide students with knowledge about risk identification and analysis, planning – as well as timely preparation of possible corrective measures, monitoring of income and expenditure of insurance companies and their consequences for its development and no less important final stage of management, where the risk management team evaluates results and proposes measures which lead to the desired effect.
