Navigating Financial Frontiers with a Master in Banking and Insurance
Overview
The Masters of Science in Banking and Insurance is a specialized dual postgraduate degree program that opens you to the quantitative approaches and analytical and technical aspects of banking and insurance. MSc in Finance and Insurance study from texila zambia covers different elements of the finance, banking, and insurance markets and methodically exposes you to researching and analyzing international economic trends, investments, assets, financial markets, stocks, shares, liabilities, etc.
Following the 2007-2009 global financial crisis, professionals with advanced industry knowledge and mastery in the areas of finance, banking, and insurance are in high demand. TAUs MS in Banking and Insurance is ideal for aspiring private advisers and financial analysts working in banking, finance, financial services, investment banking, insurance, and other related areas.
Customer preferences have evolved over the decade with increasing demands and expectations of exceptional experiences at all touchpoints of various financial products. Our Postgraduate degree in Banking and Insurance equips banking professionals with the necessary skills to help them ride the wave of change and have a rewarding career in the banking and insurance sector or progress to specialize further in this critical field.
Texila American University, Zambia, offers unique learning opportunities in full-time, part-time, and online modes with its Masters Degree in Banking and Insurance program for the savviest professionals supported by highly qualified faculty with extensive research experience and strong industry connections.
Objectives of the Programme
- M.Sc. Banking and Insurance program aims to provide optimum practical and theoretical knowledge related to Banking and Insurance management and its contribution to the economic development of Zambia.
- To exhibit critical thinking skills to address diverse business challenges and opportunities across the SADC region.
- Prepares them to function on teams on various multidisciplinary problems in the Banking and Insurance sector
- To demonstrate effective written and oral communication skills.
- To exhibit Ethical Behaviour and Social Responsibility
- To recognize the importance of and possess the skills necessary for life-long learning and compete with the best in the field.
- To exhibit competence in the use of technology and information systems in modern organizational operations
2
Years Duration
Eligibility:
Any Bachelors degree from a recognized university
- Qualification from any recognized body with level equivalent to bachelors qualification
- Diploma (2 years) from a recognized institution and to possess 10 years of work experience with minimum 3 years of experience as manager or at team leader position in Banking and Insurance sector
Structure of the programme
| Course Code | Subjects | Credits | |
|---|---|---|---|
| Year 1 | |||
| MSC1111 | Principles of Management & Organisation Behaviour | 19 | |
| MSC1112 | Managerial Economics | 19 | |
| MSC1113 | Advanced Business Accounting & Financial Management | 19 | |
| MSC1114 | Marketing Principles and Practice | 19 | |
| MSC1115 | Strategic Management | 19 | |
| MSC1116 | Business Research Methods & Statistics | 19 | |
| MSCP01 | Capstone Project | 5 | |
| Year 2 | |||
| MSB2111 | Personal Financial Planning | 19 | |
| MSB2112 | Financial Institutions and Markets | 19 | |
| MSB2113 | Corporate Insurance Management | 19 | |
| MSB2114 | Marketing of Insurance Services | 19 | |
| MSC2115 | Research Publication in Journals/e-conference | 5 | |
| MSC2116 | Project work Dissertation & Defense | 40 | |
Credit System: One credit represents 10 notional hours of learning. This learning includes classroom, supervised and self-directed hours, assessment time, workplace training, assignment writing, online learning and fieldwork. A normal year of fulltime study (including contact hours and self-directed hours) is 1200 hours (120 credits). Any variation in hours from this requires specific justification. Similarly, any variation from 120 ZQF credits in one fulltime year requires specific justification. Credit units shall not be used for awarding qualifications under the ZQF.
Selection Factors
Students applying to Bachelor of Science in Banking and Insurance program at TAU Zambia campus are selected on the basis of their academic, personal, and extracurricular abilities. Each student will be assessed based on the educational background, age, and intended course of study. Additionally, students must have the intellectual, physical, and emotional capacities to meet the requirements of a successful career in their respective fields.
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Note: New Intake for Masters in Banking and Insurance is currently not open.
What Do You Gain?
- Formulate an integrative business project through the application of multidisciplinary knowledge
- Describe the function of marketing, the strategic marketing process, consumer behavior, and how marketing contributes to organizational growth and customer value.
- Familiar with current digital technologies and Information Technology (IT) management trends.
- Employ effective cross-cultural communication
- Skills to generate novel and value-creating products, processes, or organizational forms
- Communicate logically constructed and relevant oral and written arguments and information
- Demonstrate awareness of economic, environmental, political, legal, and regulatory contexts of global business practice
- Employ financial decision models to select appropriate projects for a business enterprise and manage firm growth through strategies such as mergers, acquisitions, international expansion, and new venture development.
- Learners will be able to apply resource optimization by understanding various costs
- Define the key elements needed to measure and report on project scope, schedule, and cost performance
- Outline the development of information systems in knowledge areas of Project Management
The outcomes of the program will satisfy the demands of the labor market, in the Banking and Insurance sector, where the graduate will be able to practice his/her profession with adequate knowledge, skills and attitude required, contributing to the development of the country and the African Region as a whole.
Teaching Methodology
- Total 16 weeks in the Trimester (2 courses per trimester)
- 4 Modules Per Course, 3 Units per Module & 6 (5-7) Chapters in each Unit = (4*3*6)= 72 Chapters
- Instructional hours through University Campus: Per course 14 hours (2hrs x 1days x 7 weeks)
- Suggestive Lecture Duration: 1 Module in two Classes (2 hrs per class/ per week)
(Live Lectures – Other than Lusaka Students will receive the transmission of the weekly lectures at the Facility Centre or LMS platform (as per the availability) and shall also have the privilege to join at TAU Campus for any ongoing class at their convenience)
Academic Delivery and Assessment
- On-Campus program is delivered in Semester pattern and On-line mode of program is delivered in Trimester/Block pattern.
| Assessment per Course | Weightage |
| Formative (Internal) | |
| 3 MCQ Tests for each Module.
Total Module – 4 |
40% |
| Summative (External) | |
| Final Exam (50 MCQ) | 60% |
| Total | 100% |
Why Choose Us?
- Uniquely Designed Learning Methodology
- Outcome Based Academic Delivery
- Continuous Academic Support
- Enhanced Learning Management Systems
- Technology Enabled Services
- Block Based Learning, Dedicated learning of one subject at a time, focuses on more immersed learning
- Capstone Project, promote integrated learning and understand the connections between various subjects
- Article review promote critical thinking and analytical skills among the learners
- Contextual Project Work, gives an opportunity to the students to relate what is being taught into the context of the real world, and thus eliminating the questions of “Why do I need to learn this stuff?”
Career Opportunity
MSc Banking and Insurance degree groom you as future managers to help you handle business issues. This course offers you the required knowledge to meet the challenges of the globally changing scenarios. The program will help you find innovative ways to achieve a competitive advantage. This course will train you to be compatible with the corporate sector in the below-mentioned jobs.
- Financial Risk Manager
- Business Analyst
- Internal Auditor
- Credit Analyst
- Loan Officer
- Development Officer
- Insurance Surveyors
- Actuaries
- Investment Professionals
FAQ's
MSc Banking and Insurance is the two years Post graduate program. At TAU Zambia we developed the program the concept and maintained the high education standards, adapting the course content to the contemporary business environment. The competitiveness in business administration studies is reflected at both institutional and individual levels.
Faculties are there to support students through their MSc Banking and Insurance journey to discuss academic issues. Students will also have an opportunity to interact more closely with faculty through their Learning Management System platform
Based on your prior experience and business profile, the location of your company, you can select MSc Banking and Insurance from a wide variety of specializations offered at TAU Zambia. Depending on your career requirements and how intensive you want your education to be during the upcoming 18 to 24 months, you can select distance learning options / a part-time study track.
Yes merit based, need-based and special scholarships are available to the deserving students. TAU Zambia does not provide bursaries
The main reward of graduating with an MSc Banking and Insurance degree is the practical business knowledge acquired, rewarded with a significant increase in salary. Graduates of our recommended MSc Banking and Insurance programs and executive masters report on a high salary scale
Master of Business Administration offered by TAU Zambia is approved by Higher Education Authority, Ministry of Higher Education
The student has to carry out a research work relevant to their area of specialization.
Wherein student will develop their practical skills by applying their theoretical knowledge on the chosen topic of research and publish the same as a research article.
TAU Zambia has dedicated student mentors who track progress and completion with an array of options for tracking individual activities or resources and at course level.
1. TAU Zambia delivers the program through its Learning Management system and encourage students to complete assessments & lectures via online without any residency classes
2. Pedagogy meets with industry standards making our students Industry Ready from Day 1.
3. Our Infrastructure is at par with the best in Zambia
4. TAU Zambia has attracted international students & Faculty within SADC regions giving you a truly International Experience
No.TAU Zambia delivers entire program through its Learning Management system and encourage students to complete all the assessments & lectures via online.