Master of Business Administration in Insurance
Lincoln University College · Petaling Jaya, Malaysia
QS World University Ranking: N/A
Quick Overview
Apply Now📘 Program Overview
The Master of Business Administration in Insurance is designed to teach students how to identify, measure, and manage corporate risk, with a strong focus on the legal, financial, and ethical issues faced by insurance professionals.
The program covers core areas such as business economics, insurance and risk management, marketing management, and life and non-life insurance management, with elective options (including project work) and learning outcomes that prepare graduates for management and risk-related roles in the insurance sector.
🎯 Course & Curriculum
Course structure
- Covers Business Economics and Business Accounting and Finance to build core decision-making for insurance leaders.
- Develops essential workplace knowledge in Human Resource Management, Business Ethics and Governance, and Organizational Behavior.
- Introduces the industry base through General Insurance Industry and Insurance and Risk Management.
- Builds leadership capability with Marketing Management and Strategic Management.
- Deepens technical insurance expertise with Practice of Life Insurance, Non-Life Insurance Management, and Life Insurance Products and Reinsurance.
- Supports applied learning through elective selection, including Mutual Funds and Portfolio Management, Fundamentals of Infrastructure Project, and Insurance Business Environment.
- Completes Project Work (6 credits) to integrate insurance management learning into an applied project.
- Strengthens research and professional communication outcomes as part of completing the Master of Business Administration in Insurance.
Curriculum
42 credit hours (Malaysia) structured as compulsory modules plus an elective selection and a project work component.
| Semester | No. of modules | Module / subject category | credit hours | Semester total |
|---|---|---|---|---|
| Semester 1 | Compulsory modules | Business Economics | 3 | 12 |
| Human Resource Management | 3 | |||
| Business Ethics & Governance | 3 | |||
| General Insurance Industry | 3 | |||
| Semester 2 | Compulsory modules | Business Research Methodology | 3 | 12 |
| Organizational Behavior | 3 | |||
| Marketing Management | 3 | |||
| Strategic Management | 3 | |||
| Semester 3 | Compulsory insurance modules plus elective modules (choose any two) | Practice of Life Insurance | 3 | 18 |
| Insurance and Risk Management | 3 | |||
| Non-Life Insurance Management | 3 | |||
| Life Insurance Products and Reinsurance | 3 | |||
| Mutual Funds and Portfolio Management or Business Accounting and Finance or Fundamentals of Infrastructure Project or Insurance Business Environment (elective choice) | 3 | |||
| Mutual Funds and Portfolio Management or Business Accounting and Finance or Fundamentals of Infrastructure Project or Insurance Business Environment (elective choice) | 3 | |||
| Semester 4 | Project work | Project Work | 6 | 6 |
| Total | All compulsory modules plus two electives and Project Work | 42 credit hours | ||
Career outcomes
- You build insurance-focused management capability across risk, governance, and product knowledge, helping you move into leadership roles in insurance operations and risk teams.
- You gain business and analytics foundations through modules such as Business Economics and Insurance and Risk Management, supporting career growth in underwriting, risk management, and strategic planning functions.
- You develop governance and ethical decision-making skills through Business Ethics and Governance, positioning you for roles that require compliance-minded leadership in insurance organizations.
- You strengthen client-facing and market leadership competence with Marketing Management and Strategic Management, supporting progression toward managerial roles in insurance distribution and growth.
- You prepare for research and higher-level study pathways through the program’s master-level learning outcomes that include required research article publication for successful completion.
Employability rate
Graduates of insurance and risk management-related business pathways in Malaysia typically see an employability rate of around 78% and an unemployment rate of about 22%, reflecting steady demand with competition for specialized roles.
Together, these figures indicate a reasonably stable outlook when you target insurance-focused roles and build relevant project and risk-management competence.
✅ Entry Requirements
Academic qualification
| Requirement | Details |
|---|---|
| Bachelor's degree (foreign qualifications accepted) | International applicants must hold a Bachelor's Degree with a minimum CGPA of 2.50 out of 4.00, or an equivalent qualification as accepted by the Lincoln University College Senate. |
| Alternative route with lower CGPA (work experience) | International applicants with a Bachelor’s Degree CGPA below 2.50 out of 4.00 (or its equivalent) can be accepted, subject to a minimum of 5 years of working experience in a relevant field. |
Language requirements
MOI (Medium of Instruction)
MOI waiver details are not published for this programme. See the English test requirements above.
💶 Fees & Funding
| Item | Amount | Notes |
|---|---|---|
| Tuition | Not published | |
| Application fee | Not published |
Proof of financial resources
Important dates
Application window
| Milestone | January - Winter intake |
|---|---|
| Application portal opens | N/A |
| Application deadline (final submit) | N/A |
| Application deadline (EU students) | N/A |
| Application deadline (Non-EU students) | N/A |
| Recommended apply-by | N/A |
| Semester begins | N/A |
Pre-application & reviews
| Milestone | January - Winter intake |
|---|---|
| VPD request - recommended | N/A |
| VPD result expected | N/A |
| APS - recommended | N/A |
| Start eligibility check | N/A |
Document submission deadlines
| Milestone | January - Winter intake |
|---|---|
| Application submission deadline | N/A |
| Document submission deadline (EU students) | N/A |
| Document submission deadline (Non-EU students) | N/A |
| Language certificate deadline | N/A |
| Official transcripts deadline | N/A |
| Certified translations deadline | N/A |
| Postal / hard-copy documents deadline | N/A |
| Missing documents (if requested) | N/A |
📝 How to Apply
Prepare your eligibility documents
Review the programme’s entry requirements for international applicants and ensure your Bachelor’s degree CGPA (or equivalent) and work experience meet the stated conditions. Collect your passport and your academic transcripts and certificates as required. If any detail about your foreign qualification is unclear, prepare supporting documents that show your grading scale and equivalence.
Submit your application online
Complete the application through the Lincoln University College official online application process. Upload the required documents in the specified format and keep copies for your records. If an application fee is applicable through the online process, complete payment before submission.
Complete student pass processing after conditional offer
After you receive an offer and begin the student pass processing steps, follow the university instructions for any required payments related to EMGS/visa processing. Submit any requested documents promptly so the university can process your eligibility for Malaysia. Keep track of updates through the application portal or the university’s communication channels.
Pay tuition after visa approval
The university states that tuition fees payments must be made after visa approval, and before your arrival in Malaysia. Follow the payment instructions provided by the university to complete the first year fee payment requirements. The university also states that installment options may have eligibility conditions during your study.