The degree programmes are over 12 months, split into two 15-week semesters. Semester 1 consists of 3 modules worth 10 credits each plus 1 module worth 30 credits. Semester 2 consists of 3 modules worth 10 credits each plus a further 3 modules from a choice of 9, worth 10 credits each. Each subject typically consists of 10-12 2 hour sessions, and assessment is by a combination of essay or group project and written examination. Each semester gives a total of 60 credits, i.e. 120 in all.

In the summer, students complete their dissertation, which gives 60 credits. Hence students can accumulate 180 credits over the 12 months for the award of the MA degree.

• Capital Market Analysis
• Corporate Strategy
• Financial Reporting
• Legal & Social Issues in Insurance
• Managerial Economics
• Research Methods
• Theory of Risk and Insurance

• Corporate Governance
• Fixed Interest Investment
• Product-Market Strategies
• Strategic Human Resource Management
• Taxation

Summer

• Up to 20,000 word Insurance Studies Dissertation

• Capital Market Analysis
• Corporate Strategy
• Financial Reporting
• Managerial Economics
• Research Methods
• Risk Management
• Theory of Risk and Insurance

• Corporate Governance
• Derivative Investment
• Legal & Social Issues in Insurance
• Product-Market Strategies
• Strategic Human Resource Management
• Taxation

Summer

• Up to20,000 word Risk Management Dissertation

This module introduces students to an analytical perspective on risk and insurance. Decision-making under uncertainty is covered, and the standard theory of expected utility is developed as a special case. Problems of information asymmetry are also examined.

Assessment: 2 - hour examination (50%) and 2,500 word coursework essay (50%).

This module provides students with an overview of the social-legal context within which the insurance market operates. The regulatory framework is explored, as is the relationship between insurance and the tax and social security systems.

Assessment: 2 - hour examination (50%) and 3,000 word coursework assignment (50%).

This module covers risk incentives and contracts, managerial decision-making under risk; physical risk and economic theory of compensating wage premia; financial risk and corporate decision-taking; optimal risk retention and financing; corporate insurance covers; ex-post liability of employers; ex-ante regulation of workplace health and safety.

Assessment: 2 - hour examination (50%) and 2.500 word essay (50%).

Applicants for the MA in Insurance Studies or the MA in Risk Management should normally

• have, or expect to gain, a first or good second class honours degree in a related subject , and
• have studied or be studying a substantial component of management, economics, accounting, finance, business or equivalent in their degree course.

Applicants whose first language is not English, and who do not have a degree from a UK institution, will normally be required to produce evidence of their proficiency in English. We will normally require he following test result for an immediate entry to the MA programme: an International English Language Testing System (IELTS) score of at least 7.0, with a minimum score of at least 6.0 in each of the four individual elements of the test. Please note that we only accept the paper-based English Language qualification and not the computer-based versions.

The closing date for applications is the last working day of August each year.

The Business School holds open afternoons periodically on Wednesday afternoons during the application period. These afternoons afford prospective students an opportunity to find out more about the School, the MA Programme and to meet students currently on the courses.
Details of the open afternoons can be obtained from the Postgraduate Administrator, Nottingham University Business School, Jubilee Campus, Nottingham, NG8 1BB.

Fees for the MA Programme are as published in the University's Postgraduate Prospectus.