Mit College of Insurance Pune

Mit College of insurance is one of the many institutes of Maharashtra Academy of Educational Research, Pune. It came to be due to collective efforts of many experts who were all committed to one cause that is to create and expand professional education facilities for training deserving young people whose ambition is to pursue higher studies.

The globalization impacts led to the opening of the college of insurance in MAEERs MIT – this was indeed the first one to offer a comprehensive one academic year course on Risk Insurance Management with effect September, 1999. This lend to formation of a department on Insurance that later changed to Mit College of Insurance – abbreviated as MITCI.

The institute was indeed lucky enough to get its training programs inaugurated by the chair of the Insurance Regulatory and Development Authority

Courses Offered
The courses offered include post graduate diplomas in Risk and Insurance Management, Fire Protection Engineering, Piping Design and Engineering and Energy Management and others. To drop an application, it can very well be done online by visiting the home of the website of the entire university

Training
Insurance sector remains one of the most dynamic sectors in the world today. The advent of the private players proved it all and created a lot of competition in the sector. The reason students are encouraged to pursue this sector is because in India alone the Insurance market is expected to grow to about Rs. 40,000 crotes per year in the non-life sector alone.

Such growth calls for trained personnel who will understand and deal with the target of the audience effectively; hence the need to encourage more and more students to enroll and get this customized learning based on scientific theories and insurance. Because of understanding the market, MIT joined with IRDA and came up with programs for the senior Insurance advisors across India, in the classroom and on the online mode.

The main objectives
The main objectives of MIT is offering consultancy in the insurance and how to manage risks; to promote, organize, educate and train on risk management; to train the rural youths on insurance as an accepted social responsibility; to carry out research in the field of insurance and risk management; to cater for the need of skilled manpower in the field of insurance and risk management and to promote though educating the general public on vocational courses on risk management and insurance.