About Us

AMITY SCHOOL OF INSURANCE, BANKING & ACTUARIAL SCIENCE (ASIBAS)

28^th July, 2012

We are different. We not only take care of the students to provide excellence in academic inputs but to groom them into  human beings concerned with welfare of the society. Values play an important role in individuals’ life more so as the institute is the driving force for conducting activities under Amity Human Values Quarter observed by the entire all in the university from 28^th January to 27^th April every year.

We try to make the students inquisitive by prompting them to think about issues under discussion and with the help of outside guests identify students after each lively session to confer award of “The Most Inquisitive Mind of the Session”. For Practical exposure, we take students to Engineering Plants where they assess the Risks and also to Commercial Malls where they can see how the risk can peril life. The interaction with renowned Bankers from the industry helps them to identify intricate issues and evaluate their importance for solution.

This is a unique institution which provide trained manpower to Banks, Insurance (Life & General), IT and Health. IT industry is selecting our students for Analytics and many of our students have been/are on projects abroad.  You will find the observations of industry experts extremely exciting.

We have strong network with our alumni who keep sharing their experiences with students and also assist in training and placement.  Our packages on placement have been one of the best with 6.5 Lacs with an average of Rs.4 Lakhs.

The students are kept engaged in several activities by compulsory membership in at least one of the following Student committees .

1.     Sports-cum-Sangathan

2.     Amity Insurance Cricket Cup

3.     Placement

4.     Alumni

5.     Amity Human Values

6.     Debates

7.     Cultural

8.     Unity in Diversity

9.     Research

10.   Band

11.   Data Management

12.   Blog Online

13.   Library

14. Awhan

Our network in the industry i.e. Insurance, Banking and IT is extremely sound. Nearly 45 CEOs/Managing Directors have visited our campus.

Amity Human Values is forte of our institution. As part of our effort, Amity Insurance Cricket up is conducted to raise funds to Amitasha, a NGO arm of the University which looks after the “girl child” from under-privileged sections of the society. We have raised Rs. 4.25 Lakhs this year for the foundation.

As a result of Mentor-Mentee relationship and interaction with the students those who need special attention are identified in the first year itself and immediate steps are taken to enable them to overcome the handicaps by building their confidence and Communication/Presentation skills.

Our students are geared to work in teams to be able to identify problems and ready to work in multi tasks.

Atmosphere in the institution is student-friendly and academic-centric.

Welcome to ASIBAS

31^st July, 2012

Banking

Amity School of Insurance, Banking & Actuarial Science (ASIBAS) has wide range of courses affecting our day today life. This include Banking. 59% of Indian families do not have access to Banking Services. We cannot possibly be financially secure without a Saving Bank Account or facility of Loan from Banks. The Education Loan is a very big portfolio apart from industry loans. Besides, there are 5 lakhs retirement taking place in Banking Industry. The banks can make up the shortfall by technology and aggressive recruitment which is to take place.

Insurance

Percentage of people who can afford Life Insurance and have been covered is around 22% which forms around 5% of the GDP. While life is uncertain, but the financial consequences on loss of the bread winner can be reduced by insurance.

General Insurance is another area where substantial growth is taking place. As yet this is 1% of the GDP. However, it is growing on annual rate of 15%. We cannot survive without motor insurance.  This is only means which protects holders in  this hectic life  where every day we come across spate of accidents.

Health Insurance is another field where the growth is at rapid pace of 35%. We cannot afford the medical treatment of hospitalization on our own.

IT

A large number of students are recruited by IT industry for the position of Business Analysts. About 80% of them have been or are on projects abroad.

Our Placement have been 100% with ever increasing package. Best of the companies have been visiting the campus.