FISP MAIN ACTIVITIES THE INSTITUTE OF FINANCE … brochure.pdf · THE INSTITUTE OF FINANCE MANAGEMENT FISP DEPARTMENTS INSURANCE & RISK MANAGEMENT ACTUARIAL SCIENCE SOCIAL PROTECTION

Centre

Of

excellence

THE INSTITUTE OF FINANCE MANAGEMENT FISP DEPARTMENTS

INSURANCE & RISK MANAGEMENT

ACTUARIAL SCIENCE

SOCIAL PROTECTION

FISP MAIN ACTIVITIES

INHOUSE TRAINING

FISP provides a cutting-edge and timely technical and analytical training

to understand holistic or specific risk solutions to an entity, for higher,

middle and low level staff.

Seminars, Workshops & Conferences Insurance & Social Protection Week A week of series of workshops on burning issues in insurance, risk management & social protec-tion prepared by the department where acade-micians, researchers, policy makers, practitio-ners & stakeholders of the industry of social & commercial insurance meet. A stock taking week held in Mainland and Zanzibar.

Certificate of Proficiency in Insurance—COP

3 Months course conducted in collaboration

with TIRA and IIT in Dar es Salaam, Arusha,

Mwanza and Zanzibar.

Provides minimum level of qualification pre-

requisite to registration of insurance agents &

those in need of basic education in insurance.

Fees: Tshs. 450,000/=

Application: FISP Office, Block E, 2nd Floor

The Rector

The Institute of Finance Management,

Shaaban Robert St.

P.O.Box 3918, Dar es Salaam—Tanzania

Tel: +255 22 2112931-4

Fax: +255 22 2112935

Email: [email protected]

Website: www.ifm.ac.tz

Mission To be a centre of excellence and agent of change through

training, research and consultancy in insurance, risk,

actuarial and social protection.

The Only Centre for Excellent Insurance ,

Risk , Actuarial & Social Protection programs for

the African subregion

TRAINING RESEARCH

CONSULTANCY

FACULTY OF INSURANCE &

SOCIAL PROTECTION

FISP

Vision The Faculty of Insurance & Social Protection will strive to become a centre of excellence in insurance, risk, actuarial and social protection in the sub-region

Programs Offered:

Certificate of Proficiency in Insurance—PT

Basic Certificate in Insurance & Social Protection—FT & PT

Ordinary Diploma in Insurance & Risk Mgt—FT & PT

Ordinary Diploma in Social Protection—FT

Bachelor of Science in Insurance & Risk Management – FT

& PT

Bachelor of Science in Social Protection— FT

Post Graduate Diploma in Insurance & Risk Management—

FT & PT

Insurance & Risk Management Department

IRM aims to serve the learning and developmental needs of emerging markets in the context of their contemporary challenges in Insurance sector. With a solid stakeholders support, IRM is committed to assist in expertise development in the area of in-surance, risk management and other related disci-plines in emerging markets. IRM conducts research programs that are directly related to the above disciplines and also provides consultancy & advisory services. Specific Research & Consultancy areas include but not limited to: Microinsurance, Bancassurance, Claims management and handling, Alternative Risk Financing/Transfer, Risk Management, Insurance Intermediations, Cus-tomer Care, Distribution, Regulation and Compli-ance. Programs Offered: Certificate of Proficiency in Insurance—PT (3 Months) Basic Certificate in Insurance & Social Protection—FT & PT (1 year) Ordinary Diploma in Insurance & Risk Mgt—FT & PT (2 years) Bachelor of Science in Insurance & Risk Manage-ment – FT & PT (3 years) Post Graduate Diploma in Insurance & Risk Man-agement—FT (12 Months) & PT (18 Months) IRM’s Research and Consultancy section aims to assist clients in the business and public sectors in a broad area in policy and strategic decisions. IRM conducts R & C activities in collaboration with a team of industry experts who are highly qualified experts and established in insurance industry organi-zations in a wide range of specializations.

Social Protection Department

The Department training, research and consul-tancy activities are aimed at enhancing: Understanding of the SP & so contribute added value inputs in the process of developing the SP policy implementation strategies. The SRM framework orientation/training to all key SP stakeholders. SP conducts research and consultancy in the ar-eas of but not limited to:

Social policy, social protection scheme design,

analysis & management, health financing, Social

dialogue, Employment creation, Rights at work,

Reducing poverty and Fair globalization.

Programs Offered:

Basic Certificate in Insurance & Social Protec-

tion—FT & PT (1 year)

Ordinary Diploma in Social Protection—FT (2

years)

Bachelor of Science in Social Protection— (3

years)

SP is on the process of establishing short courses,

and continues to provide inhouse training for

social security schemes and stakeholders of social

security.

Actuarial Science Department

The Department has just been established recently— (October 2010). Actuarial science is the discipline that applies mathe-matical and statistical methods to assess risk in the insurance and finance industries. Actuary’s role, extends to the whole gamut of the fi-

nancial systems of any country, including the effects

that the global communities make on them. His job is

managing risk for profit of any firm, of any size.

Product Designing, Product Pricing, Customer Value

Management, Risk Management and Capital Manage-

ment are the five key elements in the alchemy of an

actuary – be it insurance, banking, fund management,

any financial or risk-based organization of private or

government entities.

Programs Offered: Currently, the Department is on the process of devel-oping its first program, Bachelor of Science in Actuar-ial Science and Ordinary Diploma in Actuarial Science in responding to the dire need of these expertise in the region. ODAS and BSc. AS would help the students to write

the Actuarial professional Examinations of India and

UK apart from obtaining a Bachelor Degree or Ordi-

nary Diploma in Actuarial Science.

Actuarial science includes a number of interrelating subjects, including probability, mathematics, statistics, finance, economics, financial economics and computer programming. The Department will offer research and consultancy services in these areas to enhance the risk position of organizations.