Dear applicants!
Our Program "Insurance Business" has been developed and implemented at the Financial University for more than 10 years. We train international specialists in insurance on the basis of traditional Russian educational and scientific systems. We integrate theory with practice and cooperate with All-Russian Union of Insurers, the National Insurance Guild, insurance, financial, industrial organisations, and the Bank of Russia.
We prepare highly qualified personnel with modern knowledge of international and domestic theory and practice for the insurance market, supervisory bodies, risk management systems in industry, financial and credit spheres, agriculture, defense, and social sphere.
The program examines organisation, functioning and development of insurance business in the Russian Federation and abroad, actuarial calculations, business processes, financial management in insurance, investment policy, reinsurance, management and financial accounting, as well as applied aspects of insurance. Unique competencies of graduates guarantee 100% employment in Russian and international public and private organisations.
Students study evolution of insurance supervision in the Russian Federation, insurance supervision in the structure of the Bank of Russia, and topical issues of insurance supervision at the present stage. Moreover, the discipline focuses on the main directions of the insurance supervision development and foreign practices.
Students study modern methods of managing business processes in the insurance organisation. Moreover, the discipline focuses on the technological cycle of insurance as the basis for business processes in the insurance organisation, their consistency and content.
Students study the organisational structure of the insurance market. They learn how to apply the theory of institutional changes to the insurance market. Moreover, this discipline focuses on possibilities and limitations of statistical, market, and sociological information analyses for regulating and developing the insurance market.
Students study specifics of finance in insurance, management of capital, investment activities of insurance organisations. They learn how to assess financial conditions of insurance organisations, as well as methods of rapid analysis of financial conditions of insurers for making business decisions.
Theory and practice of international insurance business. The basic principles of the international association of insurance supervisors. International organisations of insurance business. Definition of the main macroeconomic indicators.
Accounting types of insurance operations. Accounting of income and expenses of the insurance organisation, insurance reserves, financial results of insurance organisations. Actuarial basis. Federal Standards of actuarial activities.
Our graduates work as heads and specialists of the Central Bank (insurance supervision), Ministries of the Russian Federation, state authorities and management bodies, insurance and reinsurance organizations, state corporations, industrial corporations, participants of financial markets, international organizations, and higher educational institutions.
Employers of our graduates: Ministry of Finance of the Russian Federation, Bank of Russia, credit, valuation, audit organizations; insurance brokers, surveyors, system-forming complexes of the leading branches of the economy of Russian and international markets, All-Russian Union of Insurers; organizations of higher and secondary special education.
Leading managers and specialists of the insurance market of the Russian Federation, foreign scientists and practitioners are involved in the educational process and scientific activities. Reciprocal visits of professors are paid to give lectures and conduct scientific seminars: P. Daddi, A. Bellucci (University of Perugia, Italy), Ya. Lisovsky, P. Manikovsky (University of Poznan), M. Borda, P. Kovalchuk-Rolchinskaya (University of Wroclaw, Poland), Prof. N. V. Kirillova (Financial University – in universities of Perugia, Szczecin, Poznan)
Students are actively involved in scientific activities. They participate in international conferences, Olympiads, prepare scientific publications, and develop scientific projects.
Official partners of the program are the All-Russian Union of Insurers, JSC DOM.RF, Rosgosstrakh, Ingosstrakh, leading insurance and reinsurance companies; government agencies and institutions; representatives of large, medium and small businesses in industry, agriculture, mining and processing industries, construction, educational and social Russian and foreign organizations.
Our graduate students are employed by insurance and reinsurance organizations, insurance brokers; structural divisions of risk management organizations; economic, financial, marketing and analytical divisions and services of organizations of various forms of ownership, the Bank of Russia, ministries, etc.
Students have internships at the Bank of Russia, ministries and departments, the Russian National Reinsurance Company, Russian and foreign insurance and reinsurance companies, insurance brokers, state and commercial risk management structures, banks, analytical, consulting, audit companies, etc.
