As one of the world top MBA programs that offer one year degree of Master of Business Administration, Jacksonville University College of Business delivers its courses through classroom in a full-time base. This page provides major areas of study, financial information and physical location of Jacksonville University College of Business – Jacksonville, Florida. Also, you will find school official website, email address, and contact phone number of Jacksonville University College of Business.
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MBA, Full Time (1 year)
|Program Name||MBA, Full Time|
|Areas of Study||
|Joint Degree Offered||Yes|
|GMAT Score||GMAT Accepted|
|Tuition & Fees||Per Credit Hour: USD 664|
|Financial Aid Availability||Financial aid available, contact school for more information|
|Start Dates &
This program accepts rolling admissions.
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MBA in Insurance
Insurance companies promise us protection against the uncertainties of everyday life. Both private individuals and companies are in high demand for insurance services – the industry can accordingly report constant growth and has a need for qualified young people at the management level who bring specialist knowledge and leadership skills. Here you will find all information about an MBA in insurance – from course content to costs and business schools.
A rear-end collision, a lawsuit, a house fire, a possible occupational disability – all of these (and much more) are things that we cannot plan or predict and against which we want to protect ourselves accordingly. Insurance companies also play an important role in business, because the insurance that goes with them helps ensure that companies are willing to take risks and invest.
In this context, insurance managers are responsible for developing suitable offers and strategies for the future-oriented alignment of the business model. In addition, administrative and personnel tasks also fall within their area of responsibility. A good preparation for a career as an insurance manager is therefore offered by specialized MBA courses that combine specialist knowledge with general management know-how.
An MBA in insurance management, often called “insurance management”, can be compared to a master’s degree in terms of academic qualifications, but has a much higher practical component and prepares its graduates for a leading position in the insurance industry in the best possible way.
In addition to the “normal” MBA in insurance management or insurance management, the range of courses in this area also includes some EMBA courses. The so-called “Executive Master of Business Administration” is aimed at applicants who have even more professional experience (usually eight to ten years) and usually already work on the management level of companies.
In terms of content, the courses consist of two overarching areas: In addition to the classic business and management-specific elements such as controlling, accounting, marketing and strategic management, the course also includes thematically specialized modules from insurance management. These include, for example, market research, insurance management, legal foundations, underwriting risk management, financial risk management or risk and value management.
In addition to imparting the relevant technical and methodological skills, the schedule is rounded off by important soft skills from the communications area, which play a major role in the insurance industry. These are, for example, negotiation techniques, interviewing and presentation techniques.
Study forms and course
The vast majority of insurance (E) MBA courses are organized on a part-time basis and therefore leave enough space for the participants to continue working in parallel.
However, part-time does not mean part-time, because depending on the university and degree program, there can be great differences in the course and duration of the course. The following examples also make this clear.
- In cooperation with the Institute for Insurance Sciences eV, the University of Leipzig offers the part-time MBA course “Insurance”, which is designed for a period of 24 months. Over this period, six attendance phases at the university alternate with longer phases of self-study.
- The MBA-FSI organizes the EMBA course “Financial Services and Insurance” in cooperation with various universities in six two-week block modules, which always take place at a different place of study (e.g. Switzerland, Germany, Canada and China). In the lesson-free period, the students acquire the teaching materials in a time and space flexible self-study. The total study time in this variant is 18 months.
- The classroom instruction at the FH Kufstein takes the form of weekend classes; the rest of the week serves the profession and self-study. The standard period of study is four semesters.
As a rule, the requirements include a first academic degree, such as a bachelor’s or diploma, and a fixed period of professional experience of at least two to three years.
On the other hand, if you are interested in an EMBA course in insurance, you have to have significantly more professional experience. Since this type of study is aimed at those who have been working in management for a long time, specific professional experience is usually requested between eight and ten years.
However, there are some institutes and universities that also enable those without a university degree to take the Insurance MBA degree. These include, for example, the Hamburg School of Business Administration or the FH Kufstein in Tirol, which alternatively also allow applicants with a corresponding professional qualification.
The MBA insurance is generally cost-intensive. How high the costs ultimately depend not only on the tuition fees, but also on additional features such as a stay abroad, additional costs, e.g. for exam fees, or whether you always have to stay at the hotel during the study phases because the place of study is too far from home is removed.
Examples of tuition fees
- University of Leipzig: 23,5000 euros
- Coburg University: 14,000 euros
- FH Kufstein Tirol: 14,400 euros
- University of St. Gallen & Vlerick Business School: 52,000 euros
Wouldn’t you like to focus strictly on insurance? Or are there adjacent areas that you find interesting? As alternatives to the MBA Insurance we can suggest:
- General management
- Financial management