Insurance

(This is for student with Adm.Code 60X-XXXX and over, for 55X-XXXX to 59X-XXXX Please see Insurance Old Curriculum here.)

Total number of credits142credits
A.General education courses40credits
Language courses 15credits
Social Science courses13credits
Humanities courses6credits
Science and mathematics courses6credits
B.Specialized courses93credits
Business core courses48credits
Major required courses30credits
Concentration Courses15credits
C.Free elective courses9credits

A. General education courses

Language courses 
Total15 credits
Course codeCourse titlecredits
BG1001English I3 (2-3-6)
BG1002English II3 (2-3-6)
BG2000English III3 (2-3-6)
BG2001English IV3 (2-3-6)
GE 1403
(OR)
GE 1405
(OR)
GE 1408
Communication in Thai
(OR)
Thai Language and Culture (For international students)
(OR)
Thai usage (For students who graduated from International schools)
3 (3-0-6)

Social science courses 
Total13 credits
Course codeCourse titlecredits
ECO 2201Microeconomics3 (3-0-6)
ECO 2202Macroeconomics3 (3-0-6)
GE 1204Physical educations1 (1-0-2)
GE 2202Ethics3 (3-0-6)
MGT 1101Introduction to business3 (3-0-6)

Humanity courses 
Total6 credits
Course codeCourse titlecredits
GE 2101World Civilization3 (3-0-6)
MGT 2404Managerial Psychology3 (3-0-6)

Science and mathematics courses 
Total6 credits
Course codeCourse titlecredits
MA 1200Mathematics for business3 (3-0-6)
GE 1301Environmental science3 (3-0-6)


B.Specialized courses

Business core courses 
Total48 credits
Course codeCourse titlecredits
ACT 1600Fundamentals of Financial Accounting3 (3-0-6)
ACT 2620Fundamentals of Managerial Accounting 3 (3-0-6)
SA 1201Statistics I3 (3-0-6)
BG 1400Business Law I3 (3-0-6)
BG 1401Business Law II3 (3-0-6)
SA 2200Statistics II3 (3-0-6)
MIS 1221Computer Literacy0 (0-2-0)
MIS 2111Introduction to Management Information Systems3 (3-0-6)
MIS 2221Quantitative Analysis Tools0 (0-2-0)
FIN 2201Principles of Finance3 (3-0-6)
FIN 3101Corporate Finance3 (3-0-6)
IBM 2201International Business Environment3 (3-0-6)
MGT 2900Principles of Management3 (3-0-6)
MGT 3905Operations Management3 (3-0-6)
MGT 3907Business Communication3 (3-0-6)
MGT 3940Business Research Methodology3 (3-0-6)
MGT 4914Entrepreneurship3 (3-0-6)
MKT 2280Principles of Marketing3 (3-0-6)

Major required courses 
Total30 credits
Course codeCourse titlecredits
INS 3101Principles of Risk Management and Insurance3 (3-0-6)
INS 3102Insurance Law3 (3-0-6)
INS 3201Property Insurance3 (3-0-6)
INS 3202Casualty Insurance3 (3-0-6)
INS 3301Principles of Life Assurance3 (3-0-6)
INS 4104Reinsurance3 (3-0-6)
INS 4105Seminar in Insurance3 (3-0-6)
INS 4203Marine and Aviation Insurance3 (3-0-6)
INS 4206Essentials of Risk Management3 (3-0-6)
INS 4302Accident, Health and Group Insurance3 (3-0-6)

Plan A - Major concentration courses 
Students pursuing PLAN A must select a concentration in the major area and study the three specified courses.
Course codeCourse titltecredits
Property and Casualty Insurance
INS 3203Engineering Insurance3 (3-0-6)
INS 4103Insurance Marketing3 (3-0-6)
INS 4204Property and Casualty Insurance Accounting and Finance3 (3-0-6)
INS 4205Survey and Claim Management in Property and Casualty Insurance3 (3-0-6)
INS 4207Insurance Management3 (3-0-6)
Life Assurance
INS 4303Life Assurance Underwriting3 (3-0-6)
INS 4304Life Assurance MathematicsLife Assurance Mathematics3 (3-0-6)
INS 4305Claim Administration in Life Assurance3 (3-0-6)
INS 4307Life Assurance Agency Administration3 (3-0-6)
INS 4311Financial Concepts for Life Assurance3 (3-0-6)
Total15 credits

Plan B - Business concentration courses 
Students pursuing PLAN B must select a concentration in the major area and study the five specified courses.
Course codeCourse titltecredits
Accounting
ACT 3602Intermediate Accounting I3 (3-0-6)
ACT 3603Intermediate Accounting II3 (3-0-6)
ACT 3614Taxation I3 (3-0-6)
ACT 3622Cost Accounting3 (3-0-6)
ACT 3629Profits Planning and Control3 (3-0-6)
Finance
FIN 3102Business and Economic Analysis for Decision3 (3-0-6)
FIN 3201Investment3 (3-0-6)
FIN 3203Bank Management3 (3-0-6)
FIN 3231Financial Feasibility Planning3 (3-0-6)
FIN 4101Financial Management3 (3-0-6)
Hospitality and Tourism Management
HTM 3101Introduction to Hospitality Management3 (3-0-6)
HTM 3102Introduction to Tourism Management3 (3-0-6)
HTM 3103Consumer Behavior in Hospitality and Tourism Industry3 (3-0-6)
HTM 3211Food and Beverage Management3 (3-0-6)
HTM 3205Marketing in Hospitality and Tourism3 (3-0-6)
International Business Management(IBM)
IBM 3101Cross Culture Human Resource Management3 (3-0-6)
IBM 3102Export-Import Policy and Strategy3 (3-0-6)
IBM 3203International Management3 (3-0-6)
IBM 4115International Products and Brand Planning3 (3-0-6)
IBM 4208International Strategic Management3 (3-0-6)
Industrial Management and Logistics(IML)
IML 3201Business Analytics3 (3-0-6)
IML 3203Logistics and Supply Chain Management3 (3-0-6)
IML 3204Industrial Safety and Risk Management3 (3-0-6)
IML 4201Lean Manufacturing and Agile Supply Chain3 (3-0-6)
IML 4203Quality Management3 (3-0-6)
Management Information Systems(MIS)
MIS 3111Business Process Management3 (3-0-6)
MIS 3121Database Systems3 (2-2-6)
MIS 4111Information Systems Project Management3 (3-0-6)
MIS 4122Business Intelligence3 (2-2-6)
MIS 4211Information Systems Strategy, Management and Acquisition3 (3-0-6)
Management-Leadership and Entrepreneurship (MGT)
MGT 3901Organization Theory3 (3-0-6)
MGT 3917Innovation and Change Management3 (3-0-6)
MGT 3922Introduction to New Venture3 (3-0-6)
MGT 3942Organization Behavior3 (3-0-6)
MGT 4916Negotiation Strategy3 (3-0-6)
Marketing (MKT)
MKT 3102Integrated Marketing Communications3 (3-0-6)
MKT 3525Sales Management3 (3-0-6)
MKT 3530Consumer Behavior3 (3-0-6)
MKT 4725Competitive Analysis and Strategy3 (3-0-6)
MKT 4730Marketing Management3 (3-0-6)
Real Estate (REM)
REM 3111Principles of Real Estate3 (3-0-6)
REM 3112Real Estate Law3 (3-0-6)
REM 3113Real Estate Economics3 (3-0-6)
REM 3114Building Design and Construction Techniques3 (3-0-6)
REM 3115Principles of Real Estate Development3 (3-0-6)
Business Economics
Managerial Economics
ECO 2551Introduction to Econometrics3 (3-0-6)
ECO 2641Intermediate Macroeconomics3 (3-0-6)
ECO 2661Managerial Economics3 (3-0-6)
ECO 3731International Trade3 (3-0-6)
ECO 4761Economics of Strategy3 (3-0-6)
Quantitative Economics
ECO 1252Calculus I3 (3-0-6)
ECO 2551Introduction to Econometrics3 (3-0-6)
ECO 2631Intermediate Microeconomics3 (3-0-6)
ECO 3732Industrial Organization3 (3-0-6)
ECO 4751Financial Economics3 (3-0-6)
Total15 credits

Plan C - Major elective courses 
Total 15 credits
Students pursuing PLAN C must select any five major elective courses
Course codeCourse titltecredits
INS 3203Engineering Insurance3 (3-0-6)
INS 4103Insurance Marketing3 (3-0-6)
INS 4106Information Management in Insurance3 (3-0-6)
INS 4204Property and Casualty Insurance Accounting and Finance3 (3-0-6)
INS 4205Survey and Claim Management in Property and Casualty Insurance3 (3-0-6)
INS 4207Insurance Management3 (3-0-6)
INS 4208Internship in Property and Casualty Insurance3 (240 hours)
INS 4209Directed Studies in Property &
Casualty Insurance
3 (3-0-6)
INS 4210Risk Control and Risk Financing3 (3-0-6)
INS 4303Life Assurance Underwriting 3 (3-0-6)
INS 4304Life Assurance Mathematics3 (3-0-6)
INS 4305Claim Management in Life Assurance3 (3-0-6)
INS 4306Life Assurance and Financial Planning3 (3-0-6)
INS 4307Life Assurance Agency Administration3 (3-0-6)
INS 4309Internship in Life Assurance3 (240 hours)
INS 4310Directed Studies in Life Assurance3 (3-0-6)
INS 4311Financial Concepts for Life Assurance3 (3-0-6)
MIS 3122Principles of Electronic Commerce3 (2-2-6)
MIS 4142Big Data3 (2-2-6)
FIN 3235Managerial Economics 3 (3-0-6)
FIN 3231Financial Feasibility Planning3 (3-0-6)

Note:
* All major required courses are offered in the first and the second
semester, not in summer (“C” is the passing grade.).
C. Free elective courses
Students can take free elective courses of 9 credits from any faculty in Assumption University upon completion of the prerequisites (if any). However, they are certain courses that the Martin De Tours School of Management and Economics does not allow the students to enroll as follows:

Subject CodeSubject Name
BG 1112 or GE 1202 orGeneral Psychology
GE 1207Fundamental Psychology
BG 1203Fundamentals of Statistics
BG 1402 orBusiness, Society and Goverment
GE 1203Society, Politics and Economics
ECO 2220Introduction to Economics
ECO 2531Principles of Microeconomics
ECO 2541Principles of Macroeconomics
GE 1101Thai Civilization
GE1203Society, Politics and Economics
GE 1404Thai Culture and Tradition (For Comm.Arts Students only) = BG1405 Thai Language and Culture
PC 3803 or PC 3311 orPersonality and Social Interactive
PC 3311Acting for Personality/Social Interaction
ACT 1601Fundamentals of Financial Accounting (For Arts Students)
ACT 1602Fundamentals of Financial Accounting (For Science and Technology Students)
Subject with 1 or 2 credits
GS 1000Use of Library
MA 1101Applied Composition I

First and Second Year (Freshmen and Sophomore)
During the freshmen year, all students in Martin de Tours School of Management and Economics pursues 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 preferences.
Third and Fourth Years (Junior and Senior)
During the junior and senior years, students who select the Insurance Major follow the 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
3. Three Free Elective Courses

First year 
Total19 (18-3-38)
First semester
Course codeCourse titlecredits
BG 1001English I3 (2-3-6)
MA 1200Mathematics for Business3 (3-0-6)
SA 1201Statistics I3 (3-0-6)
BG 1400Business Law I3 (3-0-6)
GE 1204Physical Educations1 (1-0-2)
GE 1301Environmental Science 3 (3-0-6)
GE 1403Communication in Thai3 (3-0-6)
Second semester 
Total18 (17-5-36)
Course codeCourse titlecredits
ACT 1600Fundamentals of Financial Accounting3 (3-0-6)
BG 1002English II3 (2-3-6)
BG 1401Business Law II3 (3-0-6)
SA 2200Statistics II3 (3-0-6)
ECO 2201Microeconomics3 (3-0-6)
MIS 1221Computer Literacy0 (0-2-0)
MGT 1101Introduction to Business3 (3-0-6)

Second year 
Total18 (17-3-36)
First semester
Course codeCourse titlecredits
ACT 2620Fundamentals of Managerial Accounting3 (3-0-6)
BG 2000English III3 (2-3-6)
ECO 2202Macroeconomics3 (3-0-6)
MIS 2111Introduction to Management Information Systems3 (3-0-6)
MGT 2404Managerial Psychology3 (3-0-6)
MGT 2900Principles of Management3 (3-0-6)
Second semester 
Total18 (17-5-36)
Course codeCourse titlecredits
BG 2001English IV3 (2-3-6)
FIN 2201Principles of Finance3 (3-0-6)
GE 2101World Civilization3 (3-0-6)
GE 2202Ethics3 (3-0-6)
IBM 2201International Business Environment3 (3-0-6)
MKT 2280Principles of Marketing3 (3-0-6)

Third year 
Total18 (18-1-37)
First semester
Course codeCourse titlecredits
MIS 2221Quantitative Analysis Tools0 (0-1-1)
FIN 3101Corporate Finance3 (3-0-6)
INS 3101Principles of Risk Management and Insurance3 (3-0-6)
INS 3102Insurance Law3 (3-0-6)
MGT 3905Operations Management3 (3-0-6)
One Free Elective Course3 (3-0-6)
One Free Elective Course3 (3-0-6)
Second semester 
Total18 (18-0-36)
Course codeCourse titlecredits
INS 3201Property Insurance3 (3-0-6)
INS 3202Casualty Insurance3 (3-0-6)
INS 3301Principles of Life Assurance3 (3-0-6)
MGT 3907Business Communication3 (3-0-6)
MGT 3940Business Research Methodology3 (3-0-6)
One Plan A / Plan B / Plan C Course3 (3-0-6)

Fourth year 
Total18 (18-0-36)
First semester
Course codeCourse titlecredits
INS 4203Marine and Aviation Insurance3 (3-0-6)
INS 4302Accident, Health and Group Insurance3 (3-0-6)
INS 4104Reinsurance3 (3-0-6)
MGT 4914Entrepreneurship3 (3-0-6)
One Plan A/ Plan B / Plan C Course3 (3-0-6)
One Plan A/ Plan B / Plan C Course3 (3-0-6)
Second semester 
Total15 (15-0-30)
Course codeCourse titlecredits
INS 4105Seminar in Insurance3 (3-0-6)
INS 4206Essential of Risk Management3 (3-0-6)
One Plan A / Plan B / Plan C CourseSeminar in Industrial Management and Logistics3 (3-0-6)
One Plan A / Plan B / Plan C Course3 (3-0-6)
One free elective course3 (3-0-6)


Minor
The Insurance Program offers the following courses as Plan B Business Concentration (Insurance) for other programs of Martin de Tours School of Management as well as a minor in Finance and for the Bachelor of Arts Programs of the Faculty of Arts.
INS 3101Principles of Risk Management and Insurance3 (3-0-6)
INS 3201Property Insurance3 (3-0-6)
INS 3202Casualty Insurance3 (3-0-6)
INS 3301Principles of Life Assurance3 (3-0-6)
INS 4206Essentials of Risk Management3 (3-0-6)
INS 4302Accident, Health and Group Insurance3 (3-0-6)