DEGREE CONFERRED

Bachelor of Business Administration (Insurance)

B.A. (Insurance)

GRADUATION REQUIREMENTS

Assumption University confers the degree of Bachelor of Business Administration in Insurance upon students who meet all of the following requirements:

  • Have completed the total number of credits of the curriculum
  • Have obtained a cumulative grade point average of at least 2.00
  • Have participated in 16 sessions of the Professional Ethics Seminar
  • Have obtained library and financial clearance from the University
  • Have demonstrated good behavior and discipline
  • Have to meet the minimum English Proficiency requirement specified in one of the following criteria

Test Instruments

Required Passing Scores

AU English Proficiency Assessment

or

70%*

TOEFL (iBT)

or

90

TOEFL (P)

or

575

IELTS

6.5

*70% = Level B2 in Common European Framework of Reference for Language (CEFR)

OBJECTIVES

To produce graduates who have the characteristics, knowledge and skills as follows:

  • Morally sound, committed to acting justly and open to further growth.
  • Possess knowledge of the principles and theories of insurance and able to apply them to insurance business.
  • Understand and have awareness of insurance professional standards and ethics.
  • Able to apply analytical tools and conceptual frameworks to solve business problems.
  • Able to work as a team and motivate others to work.
  • Have positive attitude, interpersonal, communication and presentation skills, IT skills and entrepreneurial skills.

COURSES

General Education Courses 40 Credits

Language Courses                                                                                                                                              15 Credits

BG 1001               English I                                                                                                                                               3

BG 1002               English II                                                                                                                                             3

BG 2000               English III                                                                                                                                           3

BG 2001               English IV                                                                                                                                           3

GE 1403               Communication in Thai (for Thai students)                                                                              3

or 

GE 1405               Thai Language and Culture (for non-Thai students)                                                               3

or

GE 1408               Thai Usage (for international students)                                                                                       3

 

Social Science Courses                                                                                                                                  13 Credits

ECO 2201            Microeconomics                                                                                                                                 3

ECO 2202            Macroeconomics                                                                                                                                3

GE 1204               Physical Education                                                                                                                            1

GE 2202               Ethics                                                                                                                                                    3

MGT 1101           Introduction to Business                                                                                                                  3

 

Humanities Courses                                                                                                                                           6 Credits

GE 2101               World Civilization                                                                                                                            3

MGT 2404           Managerial Psychology                                                                                                                    3

 

Science and Mathematics Courses                                                                                                 6 Credits

MA 1200              Mathematics for Business                                                                                                                3

GE 1301               Environmental Science                                                                                                                    3

 

Specialized Courses 93 Credits

Business Core Courses                                                                                                                                      48 Credits

ACT 1600            Fundamentals of Financial Accounting                                                                                       3

ACT 2620            Fundamentals of Managerial Accounting                                                                                   3

SA 1201               Statistics I                                                                                                                                            3

BG 1400               Business Law I                                                                                                                                   3

BG 1401               Business Law II                                                                                                                                  3

SA 2200               Statistics II                                                                                                                                           3

MIS 1221             Computer Literacy                                                                                                                            0

MIS 2111             Introduction to Management Information Systems                                                                                 3

MIS 2221             Quantitative Analysis Tools                                                                                                            0

FIN 2201              Principles of Finance                                                                                                                        3

FIN 3101              Corporate Finance                                                                                                                             3

IBM 2201             International Business Environment                                                                                             3

MGT 2900           Principles of Management                                                                                                               3

MGT 3905           Operations Management                                                                                                                  3

MGT 3907           Business Communication                                                                                                 3

MGT 3940           Business Research Methodology                                                                                                    3

MGT 4914           Entrepreneurship                                                                                                                                3

MKT 2280           Principles of Marketing                                                                                                                   3

 

Major Required Courses                                                                                                                                       30 credits

INS 3101              Principles of Risk Management and Insurance                                                                         3

INS 3102             Insurance Law                                                                                                                                  3

INS 3201             Property Insurance                                                                                                                            3

INS 3202              Casualty Insurance                                                                                                                             3

INS 3301              Principles of Life Assurance                                                                                                          3

INS 4104              Reinsurance                                                                                                                                         3

INS 4105              Seminar in Insurance                                                                                                                        3

INS 4203             Marine and Aviation Insurance                                                                                                     3

INS 4206              Essentials of Risk Management                                                                                                     3

INS 4302              Accident, Health and Group Insurance                                                                                       3

Concentration Courses

Students must choose one of the three following plans as their concentration courses.

                Plan A: Major Concentration Courses                                                                                         15 Credits

                or

                Plan B: Business Concentration Courses                                                                                15 Credits

                or

                Plan C: Major Elective Courses                                                                                                     15 Credits

PLAN A – Major Concentration Courses                                                                                                15 credits

Students pursuing PLAN A must select one of the following concentrations in the major area and study the five specified courses.               

Property and Casualty Insurance

INS 3203             Engineering Insurance                                                                                                                      3            

INS 4103              Insurance Marketing                                                                                                                         3             

INS 4204              Property and Casualty Insurance Accounting and Finance                                                    3             

INS 4205              Survey and Claim Management in Property and Casualty Insurance                                 3             

INS 4207              Insurance Management                                                                                                                     3

 

Life Assurance             

INS 4303             Life Assurance Underwriting                                                                                                         3

INS 4304              Life Assurance Mathematics                                                                                                          3

INS 4305              Claim Administration in Life Assurance                                                                                    3

INS 4307              Life Assurance Agency Administration                                                                                      3

INS 4311              Financial Concepts for Life Assurance                                                                                        3

 

PLAN B – Business Concentration Courses                                                                                                   15 credits

Students pursuing PLAN B must select a concentration in other business areas and study the five specified courses.

Accounting

ACT 3602            Intermediate Accounting I                                                                                                              3

ACT 3603            Intermediate Accounting II                                                                                                             3

ACT 3614            Taxation I                                                                                                                                            3

ACT 3632            Cost Accounting                                                                                                                                 3

ACT 3629            Profits Planning and Control                                                                                                          3

                              

Management Information System

MIS 3111             Business Process Management                                                                                                       3

MIS 3121             Database Systems                                                                                                                               3

MIS 4111             Information Systems Project Management                                                                                 3

MIS 4122             Business Intelligence                                                                                                                         3

MIS 4211             Information Systems Strategy, Management and Acquisition                                              3

 

Finance

FIN 3102              Business and Economic Analysis for Decision Making                                                          3

FIN 3201              Investment                                                                                                                                           3

FIN 3203              Bank Management                                                                                                                             3

FIN 3231              Financial Feasibility Planning                                                                                                        3

FIN 4101              Financial Management                                                                                                                     3

 

Hospitality and Tourism Management

HTM 3101           Introduction to Hospitality Management                                                                                    3

HTM 3102           Introduction to Tourism Management                                                                                         3

HTM 3103           Consumer Behavior in Hospitality and Tourism Industry                                                     3

HTM 3205           Marketing in Hospitality and Tourism                                                                                        3

HTM 3211           Food and Beverage Management                                                                                                  3

 

International Business Management

IBM 3101             Cross Cultural Human Resource Management                                                                          3

IBM 3102             Export-Import Policy and Strategy                                                                                              3

IBM 3203             International Management                                                                                                               3

IBM 4208             International Strategic Management                                                                                             3

IBM 4115             Global Product and Brand Planning                                                                                            3

                                 

Industrial Management and Logistics

IML 3201             Business Analytics                                                                                                                             3

IML 3203             Logistics and Supply Chain Management                                                                                   3

IML 3204             Industrial Safety and Risk Management                                                                                      3

IML 4201             Lean Manufacturing and Agile Supply Chain                                                                           3

IML 4203             Quality Management                                                                                                                         3

                                 

Management- Leadership and Entrepreneurship

MGT 3901           Organization Theory                                                                                                                         3

MGT 3917           Innovation and Change Management                                                                                           3

MGT 3922           Introduction to New Ventures                                                                                                        3

MGT 3942           Organization Behavior                                                                                                                     3

MGT 4916           Negotiation Strategy                                                                                                                         3

 

Marketing

MKT 3102           Integrated Marketing Communications                                                                                       3

MKT 3525           Sales Management                                                                                                                             3

MKT 3530           Consumer Behavior                                                                                                                           3

MKT 4725           Competitive Analysis and Strategy                                                                                               3

MKT 4730           Marketing Management                                                                                                                   3

 

Real Estate

REM 3111           Principles of Real Estate                                                                                                                  3

REM 3112           Real Estate Law                                                                                                                                 3

REM 3113           Real Estate Economics                                                                                                                     3

REM 3114           Building Design and Construction Techniques                                                                         3

REM 3211           Principles of Real Estate Development                                                                                       3

 

Business Economics

(1) Managerial Economics             

ECO 2551            Introduction to Econometrics                                                                                                         3

ECO 2641            Intermediate Macroeconomics                                                                                                       3

ECO 2661            Managerial Economics                                                                                                                     3

ECO 3731            International Trade                                                                                                                            3

ECO 4761            Economics of Strategy                                                                                                                     3

 

(2) Quantitative Economics           

ECO 1252            Calculus 1                                                                                                                                            3

ECO 2551          Introduction to Econometrics                                                                                                         3

ECO 2631            Intermediate Microeconomics                                                                                                        3

ECO 3732            Industrial Organization                                                                                                                    3

ECO 4751            Financial Economics                                                                                                                         3              

 

PLAN C – Major Elective Courses                                                                                                                   15 credits

Students pursuing PLAN C must select any five major elective courses.

INS 3203             Engineering Insurance                                                                                                                      3

INS 4103              Insurance Marketing                                                                                                                         3

INS 4106              Information Management in Insurance                                                                                        3

INS 4204              Property and Casualty Insurance Accounting and Finance                                                    3

INS 4205              Survey and Claim Management in Property and Casualty Insurance                                 3

INS 4207              Insurance Management                                                                                                                     3

INS 4208             Internship in Property and Casualty Insurance                                                         3 (240 Hours)    

INS 4209             Directed Studies in Property & Casualty Insurance                                                                 3            

INS 4210              Risk Control and Risk Financing                                                                                                 3

INS 4303              Life Assurance Underwriting                                                                                                         3

INS 4304              Life Assurance Mathematics                                                                                                           3

INS 4305              Claim Management in Life Assurance                                                                                         3

INS 4306              Life Assurance and Financial Planning                                                                                       3

INS 4307              Life Assurance Agency Administration                                                                                      3

INS 4309              Internship in Life Assurance                                                                                          3 (240 Hours)

INS 4310             Directed Studies in Life Assurance                                                                                              3

INS 4311              Financial Concepts for Life Assurance                                                                                        3

MIS 3122             Principles of Electronic Commerce                                                                                             3

MIS 4142             Big Data                                                                                                                                               3

FIN 3235              Managerial Economics                                                                                                                     3

FIN 3231              Financial Feasibility Planning                                                                                                        3

 

Free Elective Course     9 Credits

Students can take free elective courses of 9 credits from any faculty in Assumption University upon completion of the prerequisites (if any).

STUDY PLAN

First and Second Year (Freshmen and Sophomore)

During the freshmen year, all students in Martin de Tours School of Management and Economics pursue the same study plan consisting of general education courses and business core courses, which provide them with the basic knowledge on all the disciplines in business.  The study plan also prepares the students with adequate knowledge to select a concentration that suits his/her ability, background, and career preferences.

Third and Fourth Year (Junior and Senior)

During the junior and senior years, students who select the Insurance Major follow the Insurance program of studies:

  1. Ten Major Required Courses
  2. Five Concentration Courses

                         Plan A: Major Concentration Courses

                            or

                             Plan B: Business Concentration Courses

                          or

                             Plan C: Major Elective Courses

  1. Three Free Elective Courses

 

FIRST YEAR

First Semester

Code                                                    Subjects                                                                                                      Credits

BG 1001           English I                                                                                                                                             3 

MA 1200          Mathematics for Business                                                                                                                       3

SA 1201           Statistics I                                                                                                                                            3

BG 1400           Business Law I                                                                                                                                     3

GE 1204           Physical Education                                                                                                                               1

GE 1301          Environmental Science                                                                                                                         3

GE 1403           Communication in Thai (for Thai students)                                                                                             3

                    Total                                                                                                                                                       19

 

Second Semester

Code                                                    Subjects                                                                                                               Credits

ACT 1600        Fundamentals of Financial Accounting                                                                                       3

BG 1002           English II                                                                                                                                             3

BG 1401           Business Law II                                                                                                                                  3

SA 2200          Statistics II                                                                                                                                           3

ECO 2201        Microeconomics                                                                                                                                 3

MIS 1221         Computer Literacy                                                                                                                            0

MGT 1101       Introduction to Business                                                                                                                  3

                            Total                                                                                                                                                      18

SECOND YEAR

First Semester

Code                                                    Subjects                                                                                                               Credits

ACT 2620        Fundamentals of Managerial Accounting                                                                                   3

BG 2000           English III                                                                                                                                           3

ECO 2202        Macroeconomics                                                                                                                                3

MIS 2111         Introduction to Management Information Systems                                                                  3

MGT 2404       Managerial Psychology                                                                                                                    3

MGT 2900       Principles of Management                                                                                                               3

                            Total                                                                                                                                                      18

Second Semester

Code                                                    Subjects                                                                                                               Credits

BG 2001           English IV                                                                                                                                           3

FIN 2201          Principles of Finance                                                                                                                        3

GE 2101           World Civilization                                                                                                                             3

GE 2202           Ethics                                                                                                                                                    3

IBM 2201         International Business Environment                                                                                             3

MKT 2280       Principles of Marketing                                                                                                                   3

                            Total                                                                                                                                                      18

 

THIRD YEAR

First Semester

Code                                                    Subjects                                                                                                               Credits

MIS 2221         Quantitative Analysis Tools                                                                                                            0

FIN 3101          Corporate Finance                                                                                                                             3

INS 3101          Principles of Risk Management and Insurance                                                                          3

INS 3102          Insurance Law                                                                                                                                    3

MGT 3905       Operations Management                                                                                                                  3

                            One Free Elective Course                                                                                                                3

                            One Free Elective Course                                                                                                                3

                            Total                                                                                                                                                      18

 

Second Semester

Code                                                    Subjects                                                                                                               Credits

INS 3201          Property Insurance                                                                                                                            3

INS 3202          Casualty Insurance                                                                                                                             3

INS 3301          Principles of Life Assurance                                                                                                          3

MGT 3907       Business Communication                                                                                                                3

MGT 3940       Business Research Methodology                                                                                                    3

                            One Plan A / Plan B / Plan C Course                                                                                          3

                                            Total                                                                                                                                      18

FOURTH YEAR

First Semester

Code                                                    Subjects                                                                                                               Credits

INS 4203          Marine and Aviation Insurance                                                                                                      3

INS 4302          Accident, Health and Group Insurance                                                                                        3

INS 4104          Reinsurance                                                                                                                                         3

MGT 4914       Entrepreneurship                                                                                                                                3

                            One Plan A / Plan B / Plan C Course                                                                                          3

                            One Plan A / Plan B / Plan C Course                                                                                          3

                                            Total                                                                                                                                      18 

Second Semester

Code                                                    Subjects                                                                                                               Credits

INS 4105        Seminar in Insurance                                                                                                                        3

INS 4206          Essential of Risk Management                                                                                                       3

                            One Plan A / Plan B / Plan C Course                                                                                          3

                            One Plan A / Plan B / Plan C Course                                                                                          3

                            One Free Elective Course                                                                                                                3

                                            Total                                                                                                                                      15