MIB Trieste School of Management
Master in Insurance & Risk Management
Trieste, Italy
Master degree
DURATION
24 months
LANGUAGES
English
PACE
Full time, Part time
APPLICATION DEADLINE
25 Sep 2026*
EARLIEST START DATE
05 Oct 2026
TUITION FEES
EUR 27,000 **
STUDY FORMAT
Blended
* 25 September, 2026 - EU | 10 August - Extra EU
** tuition waivers up to 70%
Key Summary
Accredited by EFMD Global and ASFOR and delivered as a Double Degree with the University of Trieste (recognized by Italy’s Ministry of Universities and Research – MUR), the Master in Insurance & Risk Management (MIRM) prepares you for one of today’s most influential markets: the insurance and risk ecosystem.
Developed in cooperation with major corporations, MIRM gives participants direct exposure to industry leaders and top recruiters through company talks, recruiting days, and project-based learning. The program is flexible and customizable: study full-time (12 months) or part-time (24 months), on campus or online, and tailor your path through electives and optional international experiences.
MIRM at a glance
- Target: graduates and young professionals diverse academic background -from economics and finance to law, from STEM degrees to political and social sciences (typically ~10 countries represented each year)
- Format: Blended (on campus or live online; up to 30% sessions available on-demand)
- Pace: full-time or part-time
- Focus: insurance & risk + business innovation + management (e.g., machine learning, open innovation, big data, product development)
MIRM is among the small number of Master’s programs accredited by EFMD Global, one of the most comprehensive accreditation systems for management programs, and acknowledged worldwide by students, employers, and the media. It has also been ranked #5 worldwide in the sectoral Eduniversal World Ranking.
Who is it for?
MIRM is ideal if you want to work in the insurance and risk ecosystem and you’re looking for a program that is international, applied, and career-focused. You’ll benefit from the cohort diversity (typically 10+ countries) and from a classroom that brings together backgrounds ranging from economics and finance to law, STEM, political and social sciences.
Minimum requirements
- Bachelor’s degree
- Good English proficiency (B1–B2 level)
Preferred (not mandatory)
- Master’s degree
- Prior studies in economics/quantitative/technical/scientific fields
- Relevant work experience or international study/work exposure
- Additional languages
What the Admissions Board values
Motivation, quantitative & qualitative skills (incl. test/interview), communication and problem-solving, leadership potential, and coherence of career goals.
MIRM develops professionals with a broad set of skills—technical, managerial, and leadership—supported by strong corporate connections (e.g., Allianz, Generali, EY, KPMG, ANIA, Mazars, and others).
The program prepares participants to work in diverse roles—from marketing and business development to strategy, from controlling to technological innovation, finance, actuarial and risk management—allowing each individual to specialize according to their background and aspirations.
Career support starts from day one through coaching, CV/interview preparation, and personal branding; the School reports a 91% placement rate within 6 months of graduation.
Supported by our Career Services and Leadership Dynamics activities from day one you will be able to design your own growing path:
- Career planning & goal setting
- CV and interview preparation
- Personal branding on LinkedIn
- Public speaking & negotiation skills
Alongside these initiatives, Career Services supports each candidate with internship interview preparation for participants who choose this option. Internships typically start in June and last from 3 to 6 months.
The curriculum combines insurance-finance specialization with management expertise, and is accessible to graduates from diverse backgrounds. The approach balances technical knowledge and management tools, without requiring prior specialized training.
First Phase: Core Courses
The first phase of the Master's includes the mandatory Core Section, made up of Compulsory courses.
The program builds on five Areas:
·Fundamentals -10 credits (Finance, Accounting, Quantitative Methods, Financial Mathematics)
·Insurance Business Management -15 credits (Insurance Reporting and new IFRS, Digital Transformation of the Organization, Customer-centricity and value-driven marketing, Corporate Finance, Strategic Management, ESG Investments, reporting, and KPIs)
·Insurance Actuarial Management -9 credits (Actuarial Risk Management, Life Insurance, Non-life Insurance)
·Risk Management -5,5 credits (Enterprise Risk Management, Financial Risk Management, Enterprise Risk Management in Insurance)
·Leadership Dynamics & Accountability track -4 credits (a year-long track providing continuous development of essential management skills)
Second Phase: Elective Courses and Activities
Elective Courses are a key pillar of the program and have been substantially strengthened and updated. The portfolio has been expanded with new electives with a strong managerial focus, complementing the program’s solid technical foundation.
You can design a learning path that is:
- more technical, by deepening actuarial and financial expertise,
- or more managerial, by developing leadership, strategic and business-oriented skills.
The broader elective offering allows for a high degree of customization, making the program flexible and adaptable to different backgrounds, interests and career goals.
In addition, the program can include:
- Company internship
- Exchange study program at one of the Business School’s partners
- Study Tours in Europe
Third Phase: Final Project
The program concludes with a Final Project on an insurance, finance, or risk management topic you select. You can develop this project through your internship experience or elective activities, applying what you've learned to a real professional challenge.
Choose your pace:
- Full-time (12 months): 8 months of courses (on campus or live online) + internship or elective activities + final thesis
- Part-time (24 months): tailored timeline with support from the Program Manager
Both formats 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; up to 30% of sessions can be followed on demand (recorded).
MIB Trieste School of Management, along with sponsor companies such as Allianz, EY, Generali e KPMG, offers top candidates the possibility of receiving partial (up to 70%) or full scholarships.
Awarding
Scholarships are awarded based on merit criteria and any requirements specified by sponsor companies. Feedback regarding scholarship allocation is provided at the end of the selection process, together with admission results. 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.
- Strong industry connections and recruiters in the insurance/risk ecosystem
- Applied learning: case studies, field projects, company visits, guest speakers
- Career services + leadership development track
- International classroom and network
- Accredited quality: EFMD Global + ASFOR
