Top 10 Universities to Study Insurance in Nigeria

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When it comes to pursuing a career in the field of insurance, choosing the right university to study is crucial.

Nigeria, as a thriving hub of academic excellence, offers several institutions that provide quality education in insurance.

In this article, we have compiled a list of the top 10 universities in Nigeria that offer excellent insurance programs, equipping students with the knowledge and skills necessary for success in the industry.

1. University of Lagos (UNILAG)

Located in Lagos, the University of Lagos is renowned for its comprehensive insurance program.

The university’s faculty boasts experienced professors and industry experts, ensuring students receive quality education and practical exposure.

2. University of Ibadan (UI)

UI, located in Ibadan, is another prestigious institution in Nigeria offering an excellent insurance program. The university focuses on equipping students with a strong foundation in insurance principles, risk management, and underwriting.

3. University of Nigeria, Nsukka (UNN)

UNN, situated in Nsukka, offers a well-structured insurance program with a curriculum that emphasizes risk assessment, claims management, and insurance laws and regulations.

The university also provides opportunities for internships with leading insurance companies.

4. Obafemi Awolowo University (OAU)

OAU, located in Ile-Ife, is renowned for its top-notch insurance program. The university offers a wide range of courses, including actuarial science, insurance marketing, and insurance claims, preparing students for diverse career paths within the insurance industry.

5. Ahmadu Bello University (ABU)

ABU, situated in Zaria, is known for its rigorous insurance program that covers areas such as life insurance, general insurance, and insurance brokerage.

The university also provides practical training through workshops and seminars.

6. University of Benin (UNIBEN)

UNIBEN offers a comprehensive insurance program that covers key areas such as risk analysis, insurance contracts, and insurance regulations.

The university’s faculty members have extensive experience in the insurance industry, enriching students’ learning experience.

7. Lagos State University (LASU)

LASU, located in Lagos, provides a well-rounded insurance program that combines theoretical knowledge with practical training.

The university collaborates with insurance companies to offer internships and industry exposure to its students.

8. University of Calabar (UNICAL)

UNICAL offers a robust insurance program that focuses on insurance principles, risk management, and insurance operations.

The university’s curriculum also incorporates emerging trends in the insurance industry, ensuring students stay updated.

9. Nnamdi Azikiwe University (UNIZIK)

UNIZIK, situated in Awka, offers a comprehensive insurance program that covers areas such as insurance claims, risk assessment, and insurance laws and regulations.

The university’s strong industry ties provide students with ample networking opportunities.

10. Bayero University Kano (BUK)

BUK is a reputable institution that offers a well-structured insurance program. The curriculum includes courses on insurance marketing, insurance operations, and actuarial science, enabling students to specialize in their preferred area of interest.


What are the career prospects after studying insurance?

After studying insurance, you can pursue various career paths, including insurance underwriter, risk analyst, claims adjuster, insurance agent, actuary, and insurance manager.

Are there any scholarships available for insurance students in Nigeria?

Yes, several universities and organizations in Nigeria offer scholarships specifically for insurance students. It is advisable to check with individual universities and insurance associations for available scholarship opportunities.

What skills are essential for a successful career in insurance?

Strong analytical skills, problem-solving abilities, excellent communication, and interpersonal skills are essential for a successful career in insurance. Additionally, having a good understanding of mathematics and being detail-oriented can greatly benefit aspiring insurance professionals.

Can I pursue further education in insurance after completing a bachelor’s degree?

Yes, after completing a bachelor’s degree in insurance, you can pursue postgraduate studies such as a master’s degree or a Ph.D. in insurance or related fields. These advanced degrees can enhance your knowledge and open up higher-level career opportunities.

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