Bachelor of Business (Insurance)

What is this course about?

CSU and the Australian and New Zealand Institute of Insurance and Finance (ANZIIF) have jointly designed the Bachelor of Business (Insurance).

Admission to this specialisation is open to ANZIIF members who have completed an ANZIIF Diploma insurance qualification. Students must apply for this course through ANZIIF.

The degree combines the study of insurance specific subjects offered by ANZIIF with broader business and financial services subjects offered by CSU. It provides students with the opportunity to expand their qualification base, acknowledging their insurance expertise and supporting their career progression in the wider financial industry.

On completion, graduates will hold a CSU degree that is internationally recognised and provides access to postgraduate studies.

Why study this degree?

The general aim of the Bachelor of Business (Insurance) is to provide the formal educational requirements for students to function competently in professional, specialist and managerial positions in both the private and public sectors.

In both law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is the equitable transfer of the risk of a loss from one entity to another in exchange for payment and was practised by Chinese and Babylonian traders as long ago as the third millennia BC.

Insurance can have significant effects on society through the way it changes who bears the cost of losses and damages. Insurance companies world-wide are often under media scrutiny for the manner in which they handle claims, particularly those associated with major natural disasters.

The Bachelor of Business (Insurance) includes a range of subjects such as risk assessment and management, underwriting management, claims management, insurance law and regulation, financial planning, treasury risk management, investments and funds management.

More reasons to study this degree

Find out where this course can take you

Course structure

The course is comprised of 24 subjects - eight core subjects, six Insurance specialisation subjects, four Insurance electives and a further six electives of which five are from the Finance joint study and one can be an elective of your choice.

Graduation requirements

To graduate, students must satisfactorily complete 192 points (24 subjects), comprising the core subjects, the Insurance specialisation subjects, the joint study and one free elective (with all subjects having been either awarded as credit or completed during enrolment in the course).

Academic expectations

For each 8 point subject at CSU, students should normally expect to spend between 140-160 hours engaged in the specified learning and assessment activities (such as attending lectures or residential schools, assigned readings, tutorial assistance, individual or group research/study, forum activity, workplace learning, assignments or examinations). The student workload for some subjects may vary from these norms as a result of approved course design.

Students will be assessed on the basis of completed assignments, examinations, workplace learning, or other methods as outlined in specific subject outlines.

Where applicable, students are responsible for travel and accommodation costs involved in workplace learning experiences, or attending residential schools (distance education students).

Expectations relating to academic, workplace learning, time and cost requirements for specific subjects are provided in the subject abstracts and in course materials.