Master in Insurance & Risk Management
Trieste, Italy
DURATION
12 up to 24 Months
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
15 Sep 2025*
EARLIEST START DATE
01 Oct 2025
TUITION FEES
EUR 25,000 **
STUDY FORMAT
Blended
* EU applicants | 6 august 2025 - extra EU
** tuition waivers up to 100%
Key Summary
Introduction
The Master in Insurance & Risk Management (MIRM) is an open door to some of the most influential markets of recent years: insurance, risk management, consulting, and financial services. This Specialized Master's degree program gives students first-hand understanding and comprehensive knowledge of today’s dynamic financial environment and provides them with a powerful blend of skills, experience and connections.
Developed in direct cooperation with the industry's major corporations, the MIRM offers participants exclusive connections with industry leaders and top recruiters.
It's designed both for new graduates and young professionals with some years of experience.
It is among the small number of Master Programs accredited by EFMD Global, the most complete accreditation system for management programmes, acknowledged worldwide by students, employers, and the media. MIRM has proven itself as one of the world's best master's, securing the #6 position worldwide in the sectoral World Ranking of Eduniversal.
MIRM is a Double Degree Master’s Program, offered by MIB Trieste and the University of Trieste. This means that our MIRM Program is recognized by the MUR, the Ministry of Universities and Research.
The Master's in Insurance & Risk Management offers the highest level of flexibility, and it is available in-person or online, full-time or part-time. Thanks to the hybrid formula, students can opt to participate on campus or online, according to their business or personal schedule. Moreover, participants can complete the Master's degree at their own pace (1 year or 2 years) and customize their curriculum line-up.
MIRM at a glance
The Master in Insurance & Risk Management combines technical expertise with general management training (roughly 1/3 of the program) and personal development: a strong blend of skills, essential to aspiring leaders.
MIRM approach is concrete and business-oriented: participants develop technical skills, a managerial approach and leadership strategies. Participants are trained as well-rounded managers with specific skills and high emotional intelligence, equipped take part in international teams.
The new Innovation fringe puts students in touch with cutting-edge technologies, with specific courses on Machine Learning, Open Innovation Strategies, Big Data Management, and New Product Development.
Gallery
Career Opportunities
Career development
Flexible and career-oriented Master's program, developed with partners such as Allianz, Generali, KPMG, and EY. Double Degree with the University of Trieste.
The Master in Insurance & Risk Management has a 91% placement rate within 6 months of graduation.
Career Services
The Master in Insurance & Risk Management Career Services team accompanies participants from the first day of the program, helping them define their professional objectives and develop the right skills to achieve them. Once the destination has been identified, the journey begins.
In collaboration with MIB Trieste Leadership Dynamics, the Career Services activities schedule includes:
- Motivational meetings
- Career planning
- Writing an effective CV
- Preparation for the selection interview
- Communication and public speaking
- Self-confidence development
- Negotiating skills
- Personal branding on LinkedIn
Career Services also organizes other activities to facilitate placement solutions:
- CV posting
- Recruiting days and company presentations on-site
- Individual selection interviews
- Presentations by the candidates to the corporate HR offices
- Company visits
- Talks in the classroom by managers, consultants and business leaders
- Business Study tours
Along with these initiatives, Career Services works to support each candidate in the organization of interviews for the internship for participants who choose this solution, which starts in June and lasts from 3 to 6 months.
Curriculum
The Master's in Insurance & Risk Management offers both full-time and part-time options. The learning is equal across the two formats, and you can choose your own pace to complete it.
- 12-month full-time, intense, and fast-paced. 8 months of on-campus or online attendance, followed by an internship or other elective activities, and the final thesis.
- 2-years part-time, timeline and course line-up are customized: you will get advice from the MIRM Program Manager on optimizing your Master's schedule.
Both the full-time and part-time options can be followed in the classroom or online. For those studying online, courses are synchronous (live) and run in parallel with the on-campus cohort. However, there is the possibility of following up to 30% of the sessions on-demand (recorded).
The application period for the 27th edition, starting on 1st October 2025, is open.
MIRM Phases
The first phase of the Master's includes the mandatory Core Section, made up of the Compulsory courses:
- 17 related to technical hard skills;
- 5 dedicated to managerial issues;
- 1 Leadership Dynamics & Accountability course, 1 year long and focused on soft skills and personal development.
After the Core phase, participants customize the Master's by choosing some Elective courses according to aptitudes and aspirations in order to personalize their Master's study plan.
In addition, the program is customizable with various options:
- Company Internship
- Exchange Study program at one of the Business School partners
- Study Tours in Europe
At the end, you will present a Final Thesis on a topic relating to insurance, finance, or risk management of your choice.
Courses and Credits
Fundamentals - 8
- Finance
- Accounting
- Data Analytics
- Financial Mathematics
Insurance Business Management - 15.5
- Insurance Reporting and new IFRS
- Digital Transformation of the Organization
- Customer-centricity and value-driven marketing
- Corporate Finance, Investments, and Asset Management
- Strategic Management
- ESG Investments, reporting, and KPIs
Insurance Actuarial Management - 10
- Actuarial risk management
- Life insurance
- Non-life insurance
- Health, Welfare and Pensions
Risk Management - 7.5
- Enterprise Risk Management
- Hedging, Derivatives, and Financial Risk Management
- Enterprise risk management in Insurance
Data-Driven Management - 5.5
- Big Data Management
- Machine Learning for Business Analytics
Business Innovation - 5.5
- New Product and Service Development
- Creativity Work and Digital Transformation
- Open Innovation
Leadership Dynamics & Accountability Track - 4
- Focused on developing your Soft Skills
Elective Courses - 0
- Chosen by participants from a list of courses available
Final Dissertation - 4
- On insurance, finance, or risk management issues
Didactics
During the course of study, intense periods make the experience even more effective and engaging:
- In-house classroom experience, concentrated in the first part of the Master's
- Case Studies
- Field projects
- Company visits
- International Study Tours
- Personal development, tutoring, and orientation activities
Admissions
Rankings
Ranked #6 worldwide in the Eduniversal World Ranking. Accredited by EFMD Global and ASFOR.
Accreditations
Scholarships and Funding
Scholarships and Tuition Waivers
At MIB Trieste School of Management, we offer a range of merit-based Scholarships in collaboration with our partner companies. These scholarships can cover up to 100% or 70% of the tuition fees, depending on your qualifications. The reduction is directly applied to your Master’s program fees.
Choosing the right Scholarships
You can apply for up to 3 Scholarships, which cannot be combined. To improve your chances, we suggest selecting only the Scholarships that match your interests and for which you meet all the criteria.
Awarding
Scholarships are awarded based on merit criteria and any requirements specified by sponsor companies.
Feedback regarding the assignment is provided at the end of the selection process, along with feedback on admission to the classroom.
In assessing candidates, the Admissions Board considers:
- academic track;
- professional results;
- merit distinctions;
- the results of the selection process;
- leadership potential;
- quality and coherence of the motivations expressed;
- adherence to criteria indicated by sponsor companies.