Courses Offered
As a member of the Association of African Insurance Educators and Trainers (AAIET) – WAII promotes practical training programmes for Middle Level Managers of Insurance Institutions in the West African sub-region.
However due to its achievements in these arrears in three decades and its potentials to provide the much needed human resources development and training at all levels of management, the Institute has been refocused to provide training programmes that would meet the changing business needs of the Insurance Market in the sub-region.
Insurance Foundation Course (IFC)
This programme is designed as stand-alone qualification in Insurance. It is the first step for anyone who is entering insurance without any insurance background or prerequisite qualification for entry into the WAII One-Year Diploma Programme inBanjul, The Gambia. The IFC consists of the following courses:
- FC01: – Insurance, the Market, Legal and Regulatory Background
- FC02: Communication Skills
- FC03: – Introduction to General Insurance Business
- FC04 – Introduction to Life Assurance Business
- FC05 – Insurance Marketing and Agency Management
- FC06 – Quantitative Methods
The Course is currently being run in Nigeria, Ghana, Sierra Leone, Liberia and The Gambia. The Programme is for three months and successful candidates are awarded IFC Certificate. The fee is US$600, covering tuition and course materials only.
One Year Diploma Programme
This is a step beyond the IFC. It is One Year Full-Time Residential Course in Banjul, The Gambia. The programme is designed on two-semester basis to cover technical (TC) Management (MC) and General Courses (GC) as well a project works in chosen areas of Insurance Studies. The subjects on semester basis are as follow:
| 1ST | SEMESTER | 2ND | SEMESTER |
|---|---|---|---|
| GC: 101 | Business Ethics & Environment | GC: 201 | Research Methodology |
| GC: 102 | Business Law and Insurance | GC: 202 | Introduction to Takaful Insurance |
| TC: 103 | Basic Principles of Insurance | TC: 203 | Motor Insurance |
| TC: 104 | Risk Management | TC: 204 | Liability & Personal & Insurances |
| TC: 105 | Health Insurance | TC: 205 | Special Risks Insurance & World Trade |
| TC: 106 | Life Assurance Practice & Taxation | TC: 206 | Property & Pecuniary Insurance |
| TC: 107 | Financial Aspects of Long term Business and Investment | TC: 207 | Principles & Practice of Reinsurance |
| TC: 108 | Pension Planning and Administration | TC: 208 | Agriculture Insurance |
| MC: 109 | Risk, Regulations and Capital Adequacy | MC: 209 | Principles & Practice of Management in Insurance |
| MC: 110 | Accounting and Finance for Managers in Insurance | MC: 210 | Insurance Marketing, Broking & Agency Management |
| PW/GC: 201 | Project Work |
This Programme is for a period of ONE YEAR starting in January. The fee is US$8500 including Tuition, Feeding, Accommodation, Course Materials and personal allowance. The programme is run at the main campus in Banjul, The Gambia.
Short Term Courses
These are in-house training programmes designed for organisations on demand. Short Term courses are arranged as follows:
| STC: 01 | Life Assurance Product Development and Marketing Programme |
|---|---|
| STC: 02 | The Art of Insurance Marketing |
| STC: 03 | Bond and Credit Insurance Underwriting |
| STC: 04 | Reinsurance Accents |
| STC: 05 | Risk Management Course |
| STC: 06 | Insurance Accounting Course |
| STC: 07 | Insurance Management Course |
| STC: 08 | Marine Cargo Insurance Programmes |
| STC: 09 | Insurance Agency Management Course |
| STC: 10 | Agricultural Insurance Course |
Each of these programmes is for one-week duration and the fee is US$200
Advanced Certificate Of Insurance Practice
The following courses are offered:
- ACC: 01 General Insurance Business
- ACC: 02 Life Assurance Businesses
- ACC: 03 Reinsurance Business
- ACC: 04 Insurance Brooking
- ACC: 05 Professional Life Assurance Salesmanship
- ACC: 06 Health Insurance
- ACC: 07 Insurance Management
These programmes are for three months duration.
Other Courses
DIPLOMA COURSES (6 MONTHS)
The Diploma Programmes prepares participants directly for a career in business or to gain entry on to a range of professional qualifications and university courses. The programmes also enables students to appreciate the basic theoretical issues involved in the study of business enterprise and a range of other related skills, which enhances their productive value to their prospective or respective employers or organisations.
The Institute has commenced with the running of a Diploma in Marketing Course in September, 2005. The duration of the course is six (6) months and it is divided into two (2) semesters. The subjects on semester basis are as follows:
| 1ST TERM | 2ND SEMESTER |
|---|---|
| DIM:01 – Principles & Practice of Marketing | DIM:06 – Marketing Planning & Management |
| DIM:02 – Marketing Communication & Customer Care | DIM:07 – Marketing Research |
| DIM:03 – Accounting Principles and Practices | DIM:08 – Principles & Practices of Management |
| DIM:04 – International & Legal Aspects of Marketing | DIM:09 – Quantitative Methods |
| DIM:05 – Insurance Marketing | DIM:10 – Sales Management |
Other major Diploma Courses scheduled to take off very soon are in the following:-
- DIIT Diploma in Information Technology
- DIFM Diploma in Financial Management
- DIM Diploma in Purchasing & Resourcing
- DIBF Diploma in Banking and Finance
- DIA Diploma in Accounting
- DIBT Diploma in Business Tourism
- DIBM Diploma in Business Management
- DIIA Diploma in Investment Analysis
Entry Qualifications
- W. A. S. S. E. Certificate or equivalent. – at least 5 credits including English with at least a pass in mathematics.
- G. C. E. ‘0’ Level or equivalent.
- Ø Any other qualification recognised by the Institute.
