degrees on offer by colleges and faculties - University of Ghana
degrees on offer by colleges and faculties - University of Ghana
degrees on offer by colleges and faculties - University of Ghana
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skills to impact <strong>on</strong> organisati<strong>on</strong>al performance inmeasurable ways.Current areas <strong>of</strong> HRM also focus <strong>on</strong> internati<strong>on</strong>alhuman resources managers <strong>and</strong> human resourcesinformati<strong>on</strong> system specialists. These pr<strong>of</strong>essi<strong>on</strong>alsmanage human resources c<strong>on</strong>cerns associated withan organisati<strong>on</strong>’s foreign procedures; <strong>and</strong> create<strong>and</strong> utilise programmes for computers with the goalto sorting out staff informati<strong>on</strong>, pair applicants withpositi<strong>on</strong>s, <strong>and</strong> manage other staff issues.AssessmentStudents are assessed through a combinati<strong>on</strong> <strong>of</strong>assignments, examinati<strong>on</strong>s <strong>and</strong> projects.Entry RequirementsSee General Admissi<strong>on</strong> Requirements <strong>and</strong>Procedures pages.Tuiti<strong>on</strong> MethodsClass discussi<strong>on</strong>, Note dictati<strong>on</strong>.Career ProspectsHuman Resource pr<strong>of</strong>essi<strong>on</strong>als work in entrylevelor senior specialist positi<strong>on</strong>s in Recruiting,Compensati<strong>on</strong>, Benefits, Labour Relati<strong>on</strong>s <strong>and</strong> otherHR fields in Public <strong>and</strong> Private Sectors, Industry,Business <strong>and</strong> N<strong>on</strong> Governmental Organisati<strong>on</strong>s.B.Sc Admin [Insurance]Durati<strong>on</strong>CampusAwarding Faculty4 yearsLeg<strong>on</strong> / City CampusCACSOverviewInsurance provides protecti<strong>on</strong> against financiallosses resulting from a variety <strong>of</strong> hazards. Businesses<strong>and</strong> individuals who purchase insurance policiescan receive reimbursement for losses due to caraccidents, theft <strong>of</strong> property, <strong>and</strong> fire <strong>and</strong> stormdamage; medical expenses; <strong>and</strong> loss <strong>of</strong> income dueto disability or death.The insurance industry c<strong>on</strong>sists mainly <strong>of</strong> insurancecarriers <strong>and</strong> insurance agencies <strong>and</strong> brokerages. Ingeneral, insurance carriers are large companies thatprovide insurance <strong>and</strong> assume the risks covered <strong>by</strong>the policy. Insurance agencies <strong>and</strong> brokerages sellinsurance policies for the carriers. The insuranceindustry also includes establishments that provideother insurance-related services, such as claimsadjustment or third-party administrati<strong>on</strong> <strong>of</strong> insurance<strong>and</strong> pensi<strong>on</strong> funds.The B.Sc Amin [Insurance] programme is a wellstructuredcombinati<strong>on</strong> <strong>of</strong> insurance specific courses<strong>and</strong> broader business <strong>and</strong> financial services courses.The programme provides students with uniformtraining for entry <strong>and</strong> middle level positi<strong>on</strong>s or forfurther studies.Aims <strong>and</strong> Objectives• Analyse the basic elements <strong>of</strong> risks <strong>and</strong> insurance,actuarial science <strong>and</strong> insurance management.• Dem<strong>on</strong>strate an underst<strong>and</strong>ing <strong>of</strong> the theories <strong>of</strong>insurance <strong>and</strong> skills <strong>of</strong> pr<strong>of</strong>essi<strong>on</strong>al transacti<strong>on</strong>s.• A solid background <strong>of</strong> the functi<strong>on</strong>s <strong>of</strong> insurancecompanies, insurance inter-firms, financialorganisati<strong>on</strong>s <strong>and</strong> enterprises covering the fields<strong>of</strong> insurance management, insurance financialplanning <strong>and</strong> risk management• Develop the ability to assess business <strong>and</strong>pers<strong>on</strong>al insurance needs, underwrite matchinginsurance policies <strong>and</strong> ascertain tax implicati<strong>on</strong>s.Industry/Global TrendsThe African insurance market is dominated <strong>by</strong> lifeinsurance segments whiles its distributi<strong>on</strong> channelshave also evolved in the regi<strong>on</strong> with new medium <strong>of</strong>bancassurance gaining more popularity. For instance,since 2000, the Life Insurance sector in <strong>Ghana</strong> hasseen a growth <strong>of</strong> not less than 50% year after year. Butthe challenging reality is that insurance penetrati<strong>on</strong>still remains very low in such developing ec<strong>on</strong>omies.<strong>Ghana</strong>’s new oil industry presents an enormouspotential to local insurance firms. Recapitalisati<strong>on</strong>s<strong>and</strong> restructurings are seriously being pursued withinmany <strong>of</strong> such firms to put them in good stead to takefull advantage <strong>of</strong> the situati<strong>on</strong>. This development isexpected to result in recruitments <strong>of</strong> qualified staff<strong>and</strong> improvement <strong>on</strong> their general output <strong>and</strong> servicedelivery.AssessmentStudents are assessed through a combinati<strong>on</strong> <strong>of</strong>assignments, examinati<strong>on</strong>s <strong>and</strong> projects.Entry RequirementsSee General Admissi<strong>on</strong> Requirements <strong>and</strong>Procedures pages.Business School - <strong>University</strong> <strong>of</strong> <strong>Ghana</strong>2013/2014 Univeresity <strong>of</strong> <strong>Ghana</strong> Prospectus 63