On 18th August 2007, XLRI will add another feather in its cap with the launch of its Post Graduate Program in Management and Insurance (PGPMI). This unique and innovative one year management course is conducted by joining hands with ICICI Prudential Life Insurance Company, India’s No.1 private life insurer for students aspiring to make it big in the Insurance Industry.
The insurance industry in India is witnessing unprecedented growth and the trend is likely to continue for many years to come. Taking this into consideration the course is aimed at tapping the huge opportunities available in the insurance sector and providing a platform for budding sales professionals to learn and grow in this sector. All the students passing out of this program will be offered an assured employment in the sales function of ICICI Prudential Life Insurance Company as Executive Trainees, receiving MBA equivalent compensation levels.
The program would offer courses covering both general management concepts as well as intensive training in the Insurance and Finance domain. The module in general management would broadly cover the following areas:
- Statistics and Economics
- Organizational Behaviour and Personality Development
- Business Communication
- Business Strategy
- Legal Aspects in Business
- Information Technology
The program, especially the module on Insurance and Finance, would leverage ICICI Prudential’s extensive domain expertise and draw heavily from their experience. It would follow a trimester based system with the various courses under the two modules spread over the three trimesters. This would be followed by a two month internship with ICICI Prudential which would give the students the opportunity to apply the skills they have learnt in the classroom.