| Summary: | The insurance industry of Singapore has been growing steadily for the last few
decades. Recent years has witnessed a high growth rate. The Nanyang Technological
University, therefore, created a stream of specialization in insurance in its Bachelor of
Business degree to equip the graduates entering the insurance industry with the
necessary skills. This Report seeks to investigate the prospects of these graduates in the
insurance industry. The objective is to determine the approach of the insurance
companies towards the employment of graduates with insurance specialization. The
trends in the employment of the insurance graduates are also observed. It is hoped that,
as a result of this study, measures can be adopted to improve the insurance course at
the NTU.
The techniques used include literature review and analysis of the data collected
by interviews and a survey. Interviews were conducted with the various companies in the
insurance industry. A survey was also undertaken. A questionnaire was issued with open
and close ended questions. Analysis of statistics of a few past years was also made.
From such findings, the conclusion reached is that a positive growth in the insurance
industry does help to increase the demand for qualified insurance personnel like the
NTU's insurance graduates.
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