If you’re interested in pursuing a career in Insurance in Nigeria, it’s important to understand the requirements and subject combinations needed to gain admission into a university.
In this blog post, we will provide you with a comprehensive guide on the subject combinations, UTME and Direct Entry requirements, as well as the career options available for those with a degree in Insurance.
Studying Insurance in Nigeria: Insurance can be studied under two faculties in Nigeria: Administration and Social & Management Sciences.
Here are the universities offering Insurance and their specific requirements:
Universities Offering Insurance under the Faculty of Administration:
- Ahmadu Bello University, Zaria, Kaduna State (ABU)
- Ekiti State University, Ado-Ekiti, Ekiti State (EKSU)
- Redeemers University, Osun State
- University of Jos, Jos, Plateau State
- University of Lagos, Lagos State (UNILAG)
- Niger Delta University, Wilberforce Island, Bayelsa State (NDU)
O’Level Requirements:
To be eligible for admission into any of the universities mentioned above, candidates must have at least five SSC credit passes, which must include the following subjects:
- Economics
- English Language
- Mathematics
- Two of the following: Business Methods, Accounting, Government, Commerce, Statistics, and Geography.
Note: Each university may have additional requirements. For example, UNILAG requires credit passes in specific subjects such as Data Processing, Financial Accounting, and more.
JAMB UTME Subject Combination:
In the UTME, candidates are required to score a minimum of 180 marks. English Language is mandatory for all courses. The JAMB subject combination for Insurance under the Faculty of Administration is:
- Mathematics
- Economics
- One other subject (e.g., Geography, Financial Accounting, Government, Biology, Chemistry, Commerce, or Physics)
Direct Entry Requirements:
For Direct Entry candidates, the requirements include:
- Two ‘A’ Level passes chosen from Accounts, Economics, Government, Business Management, Statistics, or Geography.
Note: Some universities may accept other qualifications such as an ABU Diploma in Insurance, Banking, Accounting, or Management.
Career Options in Insurance:
Once you obtain a degree in Insurance, several career options are available to you, including:
- Actuary
- Insurance Investigator
- Insurance Claims and Policy Processing Clerk
- Claims Examiner
- Insurance Sales Agent
- Claims Adjuster
Conclusion
Studying Insurance in Nigeria requires specific subject combinations and meeting the UTME and Direct Entry requirements.
By fulfilling these criteria, you can gain admission into reputable universities and pursue a successful career in various fields within the insurance industry.
Whether you choose to become an actuary, claims adjuster, or insurance sales agent, a degree in Insurance can open doors to exciting opportunities in this dynamic field