Program Overview

Introduction to the Executive Master in Insurance (EMI) Program

The College of Business Administration, established in 1379 AH / 1959 AD, has undertaken to develop administrative and commercial education in the Kingdom. The college has graduated thousands of male and female students who now hold leading positions in various public and private organizations. With the restructuring of the academic departments, the college has become more specialized, keeping pace with American and European universities.

Program Overview

Degree's Name

The Executive Master in Insurance (EMI) program is designed to meet the needs of the Saudi business market with a specialization in risks and insurance.

Program's Language

The program is offered in both Arabic and English.

Significance and Justifications of Program Creation

The program aims to keep up with the ongoing development of universities in developed countries, especially in Risk Management and Insurance. It also seeks to meet the needs of the Saudi business market with this important and accurate specialization related to risks and insurance.

Program's Vision

The program aspires to be a leading regional Master program in Insurance, in line with advanced and distinguished universities in the world.

Program's Mission

The mission of the program is to prepare scientifically and technically qualified graduates in Risk Management and Insurance science, meeting the needs of the business market in Saudi Arabia.

Program Objectives

• Supply the Saudi business market with Risk Management and Insurance specialists.
• Acquire a philosophical, analytical, and statistical framework to facilitate the successful transition of organizations and insurance companies to RMI.
• Contribute to increasing insurance awareness in Saudi society.
• Provide community service by supporting and implementing Risk Management and Insurance methodologies.

Program Outcomes

Knowledge and Comprehension

• Recognition of the basic concepts of Risk Management and Insurance.
• The ability to use mathematical and statistical theories in Risk Management and Insurance.
• The ability to support and assist decision-makers.
• The ability to use modern software technologies in making decisions in Risk Management and Insurance problems.

Mental Skills

• Analysis of the various Insurance problems.
• Propose different alternatives of Risk Management and Insurance problems.

Professional and Practical Skills

• Spread awareness and knowledge of insurance in Saudi society.
• Developing specialized human resources, new ideas, and research in the field of insurance to keep pace with the development in international insurance institutions.
• Application of mathematical and statistical methods in risk management and insurance operations.
• The ability to work in a team (Teamwork).

General Skills

• Effective communication with parties involved in risk management and insurance.
• Take responsibility for contributing to risk management and insurance operations.

Program Beneficiaries

• Ministries, governmental bodies, and institutions.
• Insurance and reinsurance companies, insurance brokers, and Cooperative Health Insurance Council.
• Private business sectors such as insurance companies.
• Professional individuals responsible for various insurance sectors (brokers, agents, and adjustors).
• Academics in universities and higher institutes.

Employment Opportunities

Graduates of the program can work in any field and at any administrative level, in relation to risk management and insurance, in many ministries, agencies, and institutions. Examples include:

• Saudi Insurance and Reinsurance Companies.
• Saudi Arabian Monetary Agency, Public Pension Agency, General Organization for Social Insurance, and Cooperative Health Insurance Council.
• Companies, consultants' offices, insurance brokers, and actuarial experience offices.
• Hospitals, clinics, and medical centers operating within the health insurance system.
• Private sector companies related to insurance companies.

Admission Requirements

In addition to the admission requirements contained in the unified regulations for graduate studies in Saudi universities, the department requires:

• A bachelor's degree from a Saudi university or any university recommended by the Ministry of Education in Saudi Arabia in one of the scientific or health disciplines with at least a good grade.
• At least two years of practical experience.

Requirements for Obtaining the Degree

• Non-thesis option: The student must pass (36) study units, including the research project.

Program Details

Targeted Group

The program is open to male and female students.

Study Timing

The program is scheduled on Fridays and Saturdays of each week.

Cost of the Teaching Unit

The cost is (2400) SAR per unit.

Program General Structure

The non-thesis option requires (36) study units, including the research project, as follows: | Type of Courses | No. of Courses | No. of Units Required | | --- | --- | --- | | Core courses | 11 | (33) study units | | Research Project | 1 | (3) study units | | Total | 12 | (36) study units |