B.Com Insurance Management: Eligibility, Colleges, Fees, and Careers

B.Com Insurance Management is a three-year full-time course offered in different colleges of India. The course emphasizes the insurance process and policies, risk management, claim initiation, and legal framework guiding the insurance management sector. A student who wishes to pursue this course must have completed his/her 10+2 from a recognized board with a minimum of 50% in subjects like accountancy, economics, business studies, alongside English. The student must also compulsorily appear for the Entrance examinations like CUET, DUET, etc.

The course of B.Com Insurance Management is offered across colleges, namely, Shrimathi Devkunvar Nanalal Bhatt Vaishnav College for Women, Rathinam College of Arts and Science, where the course curriculum focuses on subjects like Principles and Practice of Banking, Insurance Law and Practice, Business Management, etc. The candidates can opt for various roles as Claims Manager, Insurance Adviser/Agent, Financial Planner / Risk Analyst, and Actuarial Analyst. Companies that usually employ are Tata AIG, ICICI Lombard, SitusAMC, Verity Global, HDFC Ergo, Care Health Insurance, etc, with the annual salary package in such companies ranging from INR 3-12 LPA.

B.Com Insurance Management Key Highlights

The B.Com Insurance Management is a three-year course, and the details for the subjects, entrance examination, course fees, top colleges, and job profiles are mentioned in the table below:

What is a B.Com Insurance Management?

A B.Com Insurance Management is a 3-year full-time program offered in different colleges of India, focusing on the insurance process, policies, risk management, claim initiation, and legal framework guiding the insurance management sector. The course focuses heavily on developing and equipping students with skills and knowledge that are relevant to the present demand of insurance professionals in the country.

The subjects being taught during the entire course curriculum include Financial Accounting, Business Economics, Insurance Law and Practice, Income Tax, Management Accounting and Auditing, Services Marketing, Cost Accounting, and Business Communication Project. After completing the course, the candidates acquire numerous skills like analytical skills, technical skills, underwriting, communication, problem-solving, teamwork, leadership, etc. The course gives rise to diverse career opportunities in areas like policy making, risk management, and policy advisor, etc. Hence, this course is a highly chosen course by students.

Why Study a B.Com Insurance Management?

The B.Com Insurance Management is a high-demand course offered across many colleges because of the high demand for insurance professionals in the country.

• High demand for insurance professionals- Since there is a high demand for insurance professionals in the country, there is no doubt that the course of B.Com Insurance Management is an in-demand course. This makes this one of the main reasons to pursue this course.
• Multiple career avenues- Multiple job opportunities are associated with a B.Com in Insurance Management. These include diverse roles like underwriter, policy maker and advisor, risk analyst, etc.
• Industry-relevant- The curriculum is industry-relevant in the sense that it focuses on the advancements made in the insurance sector. The course combines the theoretical knowledge of the commerce field, focusing on insurance-specific topics. Hence, focusing on the overall curriculum that not just prioritizes theory but also helps students gain practical skills and knowledge.
• Higher Education- The course opens the door for various prospects for higher education, such as an MBA Insurance.

Who should study the B.Com Insurance Management course?

Many reasons, which include who might be a good fit for pursuing a B.Com Insurance Management in different colleges in India, are mentioned below:

• Students with prior knowledge of accounting and business studies- Students with a commerce background and those who have prior knowledge of accounting and business studies will be better able to understand this field.
• Students with an interest in finance- Students who are curious to learn about finance and want to explore the field further should choose this course. Those students who want to further understand the field of general insurance and financial planning will benefit from this field and will be better able to understand it.
• Students with a plan to become entrepreneurs- Students with a plan to become entrepreneurs in finance or those who want to start their firms in consultancy or brokerage.
• Those who want to pursue certification courses in insurance management- Those students who want to pursue certification courses to know more about the field, explore various job opportunities, and gather professional certification etc.

B.Com Insurance Management Eligibility Criteria

To secure a seat in the topmost colleges and institutes in India for the B.Com Insurance Management course, a student has to meet the following eligibility criteria to be selected for further application and the admission process.

• The students must have completed 10+2 from a recognized board with a minimum of 50% or more in aggregate subjects.
• The students must have a subject combination of accountancy, economics, business studies, alongside English.
• The student must also compulsorily appear for Entrance examinations like CUET, DUET, etc.
• The students belonging to SC/ST/OBC/PwD categories are often given relaxation during the admission process.

B.Com Insurance Management Entrance Exams 2025

To secure a seat in the topmost colleges and institutes in the country for the B.Com Insurance Management course, the student has to appear for different entrance examinations. Some top entrance examinations have been listed in the table below:

B.Com Insurance Management Colleges in India

A B.Com Insurance Management is offered by several colleges, institutions, and universities across India. Colleges offering this course are listed in the table below:

B.Com Insurance Management Admission Process 2025

To secure a seat in the topmost reputed colleges of the B.Com Insurance Management course, the student must first meet the eligibility criteria. To secure a seat for the course at Rathinam College of Arts and Science, a student must follow the steps given below to begin their application and admission process.

Step 1- The students have to meet the eligibility criteria first and then proceed with their online application form.

Step 2- The students must fill out their personal and academic details, and once they have done this, they are required to upload all the relevant documents, and then proceed with the payment of the application fee on the portal of the college.

Step 3- The students will be selected based on their merit score, category, fulfillment of eligibility criteria, etc.

Step 4- The students will receive confirmation from the college for their admission into the college for their desired course.

Step 5- Upon selection, the students have to then confirm their admission to the respective college by paying the admission fee.

Documents Required

• 10th and 12th grade mark sheet
• Identity proof such as an Aadhar card, PAN Card
• An entrance exam scorecard
• Recent passport-sized photographs
• Category certificate, if applicable
• Bank details

B.Com Insurance Management Syllabus

A B.Com Insurance Management is a three-year full-time course that covers different subjects. The subjects taught during the entire course at Shrimathi Devkunvar Nanalal Bhatt Vaishnav College for Women are mentioned below:

B.Com Insurance Management Job Opportunities in India

Multiple job opportunities and careers associated with a B.Com in Insurance Management in India are mentioned below in the table:

B.Com Insurance Management Vs BCom Finance

BCom Insurance Management focuses on the concepts of insurance and specialization in the area of analyzing risks, regulatory systems, and consumer relations. BCom Finance offers more general applications of banking, investment, and corporate finance, etc, giving students a flexible set of quantitative and analytical abilities.

B.Com Insurance Management FAQs