Insurance Certificate
31 Total Credits
Successful completion of the 3 insurance courses meets NYS requirements for property, casualty, life, accident and health insurance licensing. Seventeen (17) of these credits apply toward the AAS in Banking & Insurance. All credits can be applied toward an MVCC Individual Studies degree; with advice from an advisor.
To prepare the students for entry level positions in financial services (insurance).
- Graduates seeking a job secure a position in the field of financial services within two years.
- Graduates seeking further education transfer to a degree program in financial services management.
To prepare the students to interact effectively within a diverse business population.
- Students will interact effectively within a diverse student population by completing collaborative projects.
To prepare the student to communicate effectively.
- Students will communicate appropriately with instructors and peers through written or oral assignments.
- Students will visually and graphically communicate through presentations and/or projects.
To train students to solve problems specific to the financial services industry.
- Students will demonstrate the use of computers as a problem-solving tool.
- Students will have an understanding of the use of electronic spreadsheets.
- Students will solve problems through case analysis.
To introduce students to a variety of international business scenarios.
- Students will demonstrate an understanding of worldwide issues related to business.
To prepare students to successfully pass a licensing exam in property, casualty, life, accident, and health insurance.
- Graduates actually pass the exam.
To prepare students to gather, organize, manage, and interpret data electronically.
- Students will demonstrate the ability to derive information from data.
- Students will demonstrate the ability to apply information toward making decisions.
To prepare students to demonstrate information literacy.
- Students will use traditional and contemporary information technology.
- Students will identify, access, and appropriately use authoritative sources of information.
This course investigates the application of law to societal and
business relationships through a study of the concept of commercial law and its sources, the law of contracts, the law of sales, the law of agency, negotiable instruments, and secured transactions. Lecture, discussion, and case study help to develop awareness of the logic and application of the law.
This course provides knowledge of relevant computer skills and a solid foundation in the terminology and concepts of computer technology. Experience is provided with a variety of microcomputer software applications, including word processing, electronic spreadsheets, graphics, file management, and integrated software. Concepts and terms focus on preparing for a technologically oriented society and using the computer as a tool for productivity, research, and communication.
This course reviews basic arithmetic processes to develop speed and accuracy in working with decimals, fractions, and percentages. Calculators and computers are used to solve business problems, including simple and compound interest, discounting promissory notes, present value, installment purchases, and mortgages. Retail mathematics covers the areas of purchase and cash discounts, trade discounts, and markup of merchandise. Topics may also include the mathematics of sales and property taxes and payroll. Problem-solving exercises are completed through using computer
spreadsheet applications and exercises. Prerequisite: An appropriate Math Placement test result or MA045 Basic Math Skills or MA050 Introductory Mathematics.
This course introduces the major forms of property insurance
through a process of detailed policy analysis. It covers the basic concepts, principles, terminology, and laws regarding the study of insurance as practiced in New York State.Topics include fire insurance, rate-making, indirect business losses, inland and ocean marine coverages, and theft protection as well as various types of multiline policies. It covers personal applications of insurance as well as initial preparation for New York State Licensing exams in General Insurance.
This course explores the major forms of casualty insurance
through policy and statute analysis. It covers basic insurance concepts along with general liability insurance, automobile coverages, workers compensation, bonding, and New York State insurance law. In conjunction with BM240 Property Damage Insurance, this course is required before completing the general agents or brokers exam in New York State. Prerequisite: BM240 Property Damage Insurance.
This course provides in-depth information about life, accident, and health insurance, especially for those people who plan to enter the insurance. Successful completion of this course is recommended to sit for the New York State Agents Exam in Life, Accident, and Health Insurance.
This course develops an understanding of the basic functions of management as well as the social and economic responsibilities of those people engaged in management. Emphasis is placed on the problem of decision-making under conditions of uncertainty.
This course introduces the functions involved with managing the human resources within an organization. Topics include job design and analysis, recruitment and selection, performance appraisals, training, compensation administration, benefits, and employee rights.
This course covers the essential skills to sell a product, service, or idea. Activities include the writing and preparing of a detailed presentation plan as well as the expository delivery of the plan.