Insurance and Social Risk Management

Study period: Two semesters, with admission in the winter semester and is carried out on a modular basis.

Form of education: full-time, part-time, paid.

For economists and non-economists.

Program Director: Assoc. Prof. Radostin Vazov, PhD

e-mail: r.vazov@feb.uni-sofia.bg

Administrator: Аssoc. Prof. Nikolay Netov, PhD

e-mail: nnetoff@feb.uni-sofia.bg

Application Requirements:

For application conditions, please refer to the general conditions (available in Bulgarian).

Tuition fees in Sofia University for the academic 2024 / 2025 year

The Master's program "Insurance and Social Risk Management"

Objective of the program: The objective of the program is to provide prepared specialists who can successfully join the dynamic field of insurance and provision. Program develops core competencies and skills in the field of insurance and provision, financial skills, analytical skills, working with big data, analytical and strategic thinking skills and technological skills.

This is also in sync with the policy for improving the conditions for access of Bulgarian insurance and pension insurance companies to foreign markets, increasing investment activity, attracting foreign investments.

The inclusion of real case studies and project-based learning helps students develop practical skills that can be directly applied in the professional environment. Internship opportunities in insurance companies and related organizations further increase practical experience and facilitate the professional integration of graduates.

The participation of professors - representatives of leading Bulgarian and international companies is planned. On the basis of successful cooperation with representatives of various companies, the connection between the university and business will be built. Through this, a direct connection will be made between the students and the organizations - state, private, non-governmental and international - which will subsequently hire the graduates of the new specialty of the Faculty of Economics and Business Administration.

The program builds on the bachelor's degree in all specialties from all professional fields. It is structured in such a way as to offer high-quality training at the Master's level. Its design ensures the coverage of a wide range of topics and approaches from the practice of the insurance industry.

The program starts with the courses on Investment Policy and Capital Management of the insurance company, covering topics on insurance and pension insurance portfolio management, applied insurance-regulatory risk management and risk and cash flow management in the pension insurance company. Some of the key courses are devoted to actuarial, business process management in insurance and pension provision. Courses with a strong practical focus are also available, such as Insurance Market and Insurance Products.

In addition, students can choose from specialized courses dealing with topics such as Entrepreneurship and Innovation in Pension and Health Systems, Artificial Intelligence and Innovation in Insurance, and more.

Possible realization of graduates of the master's program: Graduates can realize themselves as analytical specialists and as managers in pension insurance and health insurance companies companies, life insurance and other non-bank financial institutions. They can find professional fulfillment in insurance companies, consulting firms, financial institutions, state social security agencies and non-governmental organizations working in the field of social protection and risk management.

The master's program can also be seen as a preparatory stage for starting doctoral studies leading to a career in academia.

Graduates of the program receive a Master's degree in insurance and social risk management.