Bachelor of Risk Management and Insurance (Minor: Finance) With Honors


The aims of the Bachelor of Risk Management and Insurance (Honors) programme are to produce intellectual, expert, competent and courteous graduates in the field of risk management and insurance, capable of expressing and discussing issues related to risk management and insurance, in order to meet the demand for workforce in related discipline.



The insurance sector has been immersed in a permanent updating process, fostering the changes needed to adapt both to the new economic environments and to the growing levels of safety, transparency and effectiveness which are increasingly being demanded by financial markets and citizens in Mauritius. Their growingly frequent uncertainty necessarily leads supervisors and companies to look for higher levels of safety through new approaches to solvency, supervision and risk management procedures.

The financial services industry is one of the most dynamic industries in the world. With the opening of markets, rapid economic development, deregulation and blurring of borders in financial services and products, the industry faces serious challenges including intensifying competition, increasing exposure to different types of risks and the integration of these risks. These issues affect both industry practitioners and regulators. The increased complexity of the operating environment and a greater focus on risk management has led to an urgent need for trained manpower in the area of Risk Management and Insurance. Specialized skills in these areas are essential for the continued growth and development of international financial centers.



This programme consists of the FIVE (5) components


• Community Development I, II, III, IV
• Introduction to Social Science
• Malaysian Nationhood Studies
• English Proficiency I
• English Proficiency II
• English Proficiency III
• Islamic and Asian Civizilation
• Fundamentals of Entrepreneurship

Community Development

The intent of this course is to help students understand the concept and method of community services. Basic knowledge on managing programme is not only given as a theory but also, students are required to apply that as a practice through organizing an effective community services project. Students need to propose their community project through proposal paper in order to organize the project for coming semester.


• Principles of Economics
• Applied Economics
• Introduction to Financial Accounting
• Principles of Marketing
• Strategic Management
• Principles of Management
• Management Ethics
• Research Methodology
• Financial Management
• Advanced Financial Management
• Risk and Insurance
• Risk Management
• Employee Benefits Management
• Risk Management and Insurance Seminar
• Corporate Governance
• Risk Analysis and Decision Making
• Property and Liability Risk Management
• Risk Financing
• Business Law
• Elementary Statistics
• Computer Application to Management
• Practicum


• Personal Finance
• Investment Analysis
• Corporate Finance
• Credit Management
• Financial Market and Institutions
• International Finance
• Financial Modelling
• Futures and Options Market
• Portfolio Management


• Life and Health Insurance
• Insurance Company Operations
• Actuarial Science
• Reinsurance
• Financial Risk Management
• Credit Risk Management
• Marine and Aviation Insurance
• Estate Planning
• Retirement Planning
• Islamic Insurance (Takaful)
• Project Paper
• Insurance Law
• Business and Professional Communication

Project Paper

This module is designed to expose students to the practical side of research. Throughout this course, students will be guided in developing an effective research design, conducting data collection, carrying out data analysis and writing a research report.


Students can choose one modules offered by another programme at ABS

Practicum – Industry Placement

The practicum module is one of the compulsory courses which students are required to complete before graduating and its duration is 16 weeks. Practicum is a module designed to place students in an organization that may offer students a period of work so that they may learn and build some expectations from their experience while working there. The aim of this module is to let students relate the knowledge they studied in the classroom with the real aspect of job environment. Additionally, it potentially gives rise to opportunities for the students to build some ideas about the expectation, the culture, norms and skills that they have to prepare before they embark their journey into the job market. Practicum will build quality graduates before venturing into the job market in future. Students should take this opportunity to explore new things during their practicum as compared to the theory learned from classes.

Student Mobility Programme
Our students will even have the possibility of having one semester in UUM during the second year, by paying only your air ticket and accommodation on campus.

Fly-in faculty

Each semester, a Lecturer from UUM will come to Mauritius to deliver some lectures and to ensure that we are in compliance with all quality standards of our programmes.



  • A-Levels
  • Cambridge Overseas School Certificate / GCE A-Level



  • Pass in any 2 Advanced subjects with CGPA ? 2.0




  • Course fees will amount to Rs. 93, 000 (MUR) per year.




  • Examinations are conducted by the MES (Mauritius Examination Syndicate) as per the norms and recommendations of UUM.



  • The duration of this course is 4 years.



  • Each academic year structure will consist of 2 semesters which will be spread of 15 weeks each (including mid-semester break).
  • 1st Semester: February – June
  • 2nd Semester: September – January



A student shall be evaluated for academic performance in a module through coursework and final examinations. The coursework include the following assessment methods namely mid semester test, lab test, quiz, individual and group assignment, class drill/exercises, peer evaluation, report & presentation and so on. The weightage of both the coursework and final examinations of the different modules will vary upon the requirement of the programme.



Graduates from this programme are expected to apply their knowledge and skills to rationalise financial issues through all dimensions and financial aspects either in the public or private institutions both at the national or international levels. They are expected to hold a position as a financial executive in the financial or non-financial institutions and to perform an efficient financial consultation.



All examinations shall be conducted by the MES (Mauritius Examination Syndicate) for candidates of Atlantis Business School (ABS) on behalf of the Universiti Utara Malaysia (UUM).



The Bachelor of Risk Management and Insurance (Minor Finance) is awarded by Universiti Utara Malaysia (UUM). This programme is accredited by the Association to Advance Collegiate Schools of Business (AACSB) and by the accredited by Tertiary Education Commission (TEC).

picture1 picture2