Finance Sciences - Insurance and Risk Management

This track offers students the fundamental principles underlying the insurance industry, in both local and global market.

Vision

To be an exemplary program to provide necessary skills and knowledge needed by the community.

Mission

To Prepare qualified graduates with knowledge and practical skills in Insurance to meet the needs of the labor market according to quality standards.

College

Applied College

Campus

Dammam

Track

Science and Management

Level

Undergraduate

Degree

Intermediate Diploma

Gender

Female, Male

Years of study

2

Credit hours

97

Professional Certifications:

• Certificate in General Insurance
• Advanced Certificate in Insurance CII
• Advanced Diploma in Insurance CII

Career Opportunities

College graduates will have career opportunities in the most important national companies and institutions of both governmental and private sectors as the following:

• Insurance Officers
• Insurance Agents
• Insurance Appraise
• Insurance Adjusters

Admission Requirements for New Students:

1. Applicants should be Saudi nationals.
2. Applicants should hold a High School certificate or its equivalentfrom inside or outside the Kingdom.
3. Applicants should have been taken the "General Aptitude Test" and the "Educational Attainment Test" by the National Center for Assessment.
4. Applicants mustdemonstrate good conduct and behavior.
5.  Applicants' High School Certificate shouldn't exceed 5 years from the graduation date. 
6. Applicants should not be previously dismissed by any university or college for academic or behavior reasons.

Admission requirements after passing the Preparatory Year Program:

1. Applicants should achieve an accumulative GPA of at least (2 of 5) at the end of the Preparatory Year Program.
2. Applicants should pass the English course, as English is the official language in teaching the Community College of Dammam.                                                                                           
3. Applicants should pass mathematics and statistics course (1+2) for first and second semesters, for students interested in Business Administration program.

Admission requirement for Insurance track:

• Passing “Fundamentals of Insurance” course.

Admission requirements (Computing Department):

1. The student's achievement in "General English" course during preparatory year.
2. The student's achievement in " Mathematics 2 " course during preparatory year.

Study years: two years

First year

The student studies general courses during the first term and specialization courses during the second and third terms, which are General English (2), Principles of Economics, Principles of insurance, Basics and Products of Motor Insurance, Fundamentals of Insurance Law, Marine Insurance, Insurance Regulation, Basics and products of Health Insurance, Property and Liability Insurance, Report Writing and Field Training (1).

Second Year

The student studies specialization courses at an advanced level during the last three terms, which are Risk Management and Insurance, insurance Marketing, Application of Insurance Law, Basics and Products of Life insurance, Computer Applications in Insurance, Principles of Financial Accounting, Insurance Operations, Enterprise