Department of Insurance

DEGREE CONFERRED

Bachelor of Business Administration (Insurance)

B.B.A. (Insurance)

GRADUATION REQUIREMENTS

Assumption University confers the degree of Bachelor of Business Administration in Insurance upon students who meet all of the following requirements:

Have completed the total number of credits of the curriculum
Have obtained a cumulative grade point average of at least 2.00
Have participated in 16 sessions of the Professional Ethics Seminar
Have obtained library and financial clearance from the University
Have demonstrated good behavior and discipline
Have to meet the minimum English Proficiency requirement specified in one of the following criteria

Test Instruments	Required Passing Scores
AU English Proficiency Assessment or	70%*
TOEFL (iBT) or	90
TOEFL (P) or	575
IELTS	6.5

*70% = Level B2 in Common European Framework of Reference for Language (CEFR)

OBJECTIVES

To produce graduates who have the characteristics, knowledge and skills as follows:

Morally sound, committed to acting justly and open to further growth.
Possess knowledge of the principles and theories of insurance and able to apply them to insurance business.
Understand and have awareness of insurance professional standards and ethics.
Able to apply analytical tools and conceptual frameworks to solve business problems.
Able to work as a team and motivate others to work.
Have positive attitude, interpersonal, communication and presentation skills, IT skills and entrepreneurial skills.

COURSES

General Education Courses 40 Credits

Language

Language Courses 15 Credits

BG 1001	English I	3
BG 1002	English II	3
BG 2000	English III	3
BG 2001	English IV	3
GE 1403	Communication in Thai (for Thai students)	3
or
GE 1405	Thai Language and Culture (for non-Thai students)	3
or
GE 1408	Thai Usage (for international students)	3

Social Science

Social Science Courses 13 Credits

ECO 2201	Microeconomics	3
ECO 2202	Macroeconomics	3
GE 1204	Physical Education	1
GE 2202	Ethics	3
MGT 1101	Introduction to Business	3

Humanities

Humanities Courses 6 Credits

GE 2101	World Civilization	3
MGT 2404	Managerial Psychology	3

Science and Mathematics

Science and Mathematics Courses 6 Credits

MA 1200	Mathematics for Business	3
GE 1301	Environmental Science	3

Specialized Courses 93 Credits

Business Core

Business Core Courses 48 Credits

ACT 1600	Fundamentals of Financial Accounting	3
ACT 2620	Fundamentals of Managerial Accounting	3
SA 1201	Statistics I	3
BG 1400	Business Law I	3
BG 1401	Business Law II	3
SA 2200	Statistics II	3
MIS 1221	Computer Literacy	0
MIS 2111	Introduction to Management Information Systems	3
MIS 2221	Quantitative Analysis Tools	0
FIN 2201	Principles of Finance	3
FIN 3101	Corporate Finance	3
IBM 2201	International Business Environment	3
MGT 2900	Principles of Management	3
MGT 3905	Operations Management	3
MGT 3907	Business Communication	3
MGT 3940	Business Research Methodology	3
MGT 4914	Entrepreneurship	3
MKT 2280	Principles of Marketing	3

Major Required

Major Required Courses 30 credits

INS 3101	Principles of Risk Management and Insurance	3
INS 3102	Insurance Law	3
INS 3201	Property Insurance	3
INS 3202	Casualty Insurance	3
INS 3301	Principles of Life Assurance	3
INS 4104	Reinsurance	3
INS 4105	Seminar in Insurance	3
INS 4203	Marine and Aviation Insurance	3
INS 4206	Essentials of Risk Management	3
INS 4302	Accident, Health and Group Insurance	3

Concentration Courses

Students must choose one of the three following plans as their concentration courses.

Plan A: Major Concentration Courses 15 Credits

Plan B: Business Concentration Courses 15 Credits

Plan C: Major Elective Courses 15 Credits

Plan A

PLAN A – Major Concentration Courses 15 credits

Students pursuing PLAN A must select one of the following concentrations in the major area and study the five specified courses.

Property and Casualty Insurance

INS 3203	Engineering Insurance	3
INS 4103	Insurance Marketing	3
INS 4204	Property and Casualty Insurance Accounting and Finance	3
INS 4205	Survey and Claim Management in Property and Casualty Insurance	3
INS 4207	Insurance Management	3

Life Assurance

INS 4303	Life Assurance Underwriting	3
INS 4304	Life Assurance Mathematics	3
INS 4305	Claim Administration in Life Assurance	3
INS 4307	Life Assurance Agency Administration	3
INS 4311	Financial Concepts for Life Assurance	3

Plan B

PLAN B – Business Concentration Courses 15 credits

Students pursuing PLAN B must select a concentration in other business areas and study the five specified courses.

Accounting

ACT 3602	Intermediate Accounting I	3
ACT 3603	Intermediate Accounting II	3
ACT 3614	Taxation I	3
ACT 3632	Cost Accounting	3
ACT 3629	Profits Planning and Control	3

Management Information System

MIS 3111	Business Process Management	3
MIS 3121	Database Systems	3
MIS 4111	Information Systems Project Management	3
MIS 4122	Business Intelligence	3
MIS 4211	Information Systems Strategy, Management and Acquisition	3

Finance

FIN 3102	Business and Economic Analysis for Decision Making	3
FIN 3201	Investment	3
FIN 3203	Bank Management	3
FIN 3231	Financial Feasibility Planning	3
FIN 4101	Financial Management	3

Hospitality and Tourism Management

HTM 3101	Introduction to Hospitality Management	3
HTM 3102	Introduction to Tourism Management	3
HTM 3103	Consumer Behavior in Hospitality and Tourism Industry	3
HTM 3205	Marketing in Hospitality and Tourism	3
HTM 3211	Food and Beverage Management	3

International Business Management

IBM 3101	Cross Cultural Human Resource Management	3
IBM 3102	Export-Import Policy and Strategy	3
IBM 3203	International Management	3
IBM 4208	International Strategic Management	3
IBM 4115	Global Product and Brand Planning	3

Industrial Management and Logistics

IML 3201	Business Analytics	3
IML 3203	Logistics and Supply Chain Management	3
IML 3204	Industrial Safety and Risk Management	3
IML 4201	Lean Manufacturing and Agile Supply Chain	3
IML 4203	Quality Management	3

Management- Leadership and Entrepreneurship

MGT 3901	Organization Theory	3
MGT 3917	Innovation and Change Management	3
MGT 3922	Introduction to New Ventures	3
MGT 3942	Organization Behavior	3
MGT 4916	Negotiation Strategy	3

Marketing

MKT 3102	Integrated Marketing Communications	3
MKT 3525	Sales Management	3
MKT 3530	Consumer Behavior	3
MKT 4725	Competitive Analysis and Strategy	3
MKT 4730	Marketing Management	3

Real Estate

REM 3111	Principles of Real Estate	3
REM 3112	Real Estate Law	3
REM 3113	Real Estate Economics	3
REM 3114	Building Design and Construction Techniques	3
REM 3211	Principles of Real Estate Development	3

Business Economics (1) Managerial Economics

ECO 2551	Introduction to Econometrics	3
ECO 2641	Intermediate Macroeconomics	3
ECO 2661	Managerial Economics	3
ECO 3731	International Trade	3
ECO 4761	Economics of Strategy	3

Business Economics (2) Quantitative Economics

ECO 1252	Calculus 1	3
ECO 2551	Introduction to Econometrics	3
ECO 2631	Intermediate Microeconomics	3
ECO 3732	Industrial Organization	3
ECO 4751	Financial Economics	3

Plan C

PLAN C – Major Elective Courses 15 credits

Students pursuing PLAN C must select any five major elective courses.

INS 3203	Engineering Insurance	3
INS 4103	Insurance Marketing	3
INS 4106	Information Management in Insurance	3
INS 4204	Property and Casualty Insurance Accounting and Finance	3
INS 4205	Survey and Claim Management in Property and Casualty Insurance	3
INS 4207	Insurance Management	3
INS 4208	Internship in Property and Casualty Insurance	3 (240 Hours)
INS 4209	Directed Studies in Property & Casualty Insurance	3
INS 4210	Risk Control and Risk Financing	3
INS 4303	Life Assurance Underwriting	3
INS 4304	Life Assurance Mathematics	3
INS 4305	Claim Management in Life Assurance	3
INS 4306	Life Assurance and Financial Planning	3
INS 4307	Life Assurance Agency Administration	3
INS 4309	Internship in Life Assurance	3 (240 Hours)
INS 4310	Directed Studies in Life Assurance	3
INS 4311	Financial Concepts for Life Assurance	3
MIS 3122	Principles of Electronic Commerce	3
MIS 4142	Big Data	3
FIN 3235	Managerial Economics	3
FIN 3231	Financial Feasibility Planning	3

Free Elective Course 9 Credits

Students can take free elective courses of 9 credits from any faculty in Assumption University upon completion of the prerequisites (if any).

STUDY PLAN

First and Second Year (Freshmen and Sophomore)

During the freshmen year, all students in Martin de Tours School of Management and Economics pursue the same study plan consisting of general education courses and business core courses, which provide them with the basic knowledge on all the disciplines in business. The study plan also prepares the students with adequate knowledge to select a concentration that suits his/her ability, background, and career preferences.

Third and Fourth Year (Junior and Senior)

During the junior and senior years, students who select the Insurance Major follow the Insurance program of studies:

Ten Major Required Courses
Five Concentration Courses

Plan A: Major Concentration Courses

Plan B: Business Concentration Courses

Plan C: Major Elective Courses

Three Free Elective Courses

FIRST YEAR

First Semester

Code	Subjects	Credits
BG 1001	English I	3
MA 1200	Mathematics for Business	3
SA 1201	Statistics I	3
BG 1400	Business Law I	3
GE 1204	Physical Education	1
GE 1301	Environmental Science	3
GE 1403	Communication in Thai (for Thai students)	3
	Total	19

Second Semester

Code	Subjects	Credits
ACT 1600	Fundamentals of Financial Accounting	3
BG 1002	English II	3
BG 1401	Business Law II	3
SA 2200	Statistics II	3
ECO 2201	Microeconomics	3
MIS 1221	Computer Literacy	0
MGT 1101	Introduction to Business	3
	Total	18

SECOND YEAR

First Semester

Code	Subjects	Credits
ACT 2620	Fundamentals of Managerial Accounting	3
BG 2000	English III	3
ECO 2202	Macroeconomics	3
MIS 2111	Introduction to Management Information Systems	3
MGT 2404	Managerial Psychology	3
MGT 2900	Principles of Management	3
	Total	18

Second Semester

Code	Subjects	Credits
BG 2001	English IV	3
FIN 2201	Principles of Finance	3
GE 2101	World Civilization	3
GE 2202	Ethics	3
IBM 2201	International Business Environment	3
MKT 2280	Principles of Marketing	3
	Total	18

THIRD YEAR

First Semester

Code	Subjects	Credits
MIS 2221	Quantitative Analysis Tools	0
FIN 3101	Corporate Finance	3
INS 3101	Principles of Risk Management and Insurance	3
INS 3102	Insurance Law	3
MGT 3905	Operations Management	3
	One Free Elective Course	3
	One Free Elective Course	3
	Total	18

Second Semester

Code	Subjects	Credits
INS 3201	Property Insurance	3
INS 3202	Casualty Insurance	3
INS 3301	Principles of Life Assurance	3
MGT 3907	Business Communication	3
MGT 3940	Business Research Methodology	3
	One Plan A / Plan B / Plan C Course	3
	Total	18

FOURTH YEAR

First Semester

Code	Subjects	Credits
INS 4203	Marine and Aviation Insurance	3
INS 4302	Accident, Health and Group Insurance	3
INS 4104	Reinsurance	3
MGT 4914	Entrepreneurship	3
	One Plan A / Plan B / Plan C Course	3
	One Plan A / Plan B / Plan C Course	3
	Total	18

Second Semester

Code	Subjects	Credits
INS 4105	Seminar in Insurance	3
INS 4206	Essential of Risk Management	3
	One Plan A / Plan B / Plan C Course	3
	One Plan A / Plan B / Plan C Course	3
	One Free Elective Course	3
	Total	15