Insurance Research Methods

Course Description

The exploration of research methods equips students with the expertise and capabilities essential for navigating the complexities of a rapidly evolving decision-making landscape. Research, as a methodical investigation aimed at furnishing insights into various issues, serves as a crucial avenue for problem-solving. This course aims to familiarize participants with research concepts, underscore the significance of research in the business realm, provide an overview of research proposal structures, and cultivate proficiency in identifying problems and establishing objectives. Through augmentation, the course seeks to empower students with the knowledge and abilities necessary to tackle challenges effectively in dynamic decision-making environments

Course objectives

This course is intended to serve the following objectives:

  1. To acquire the ability to conduct research, diagnose situations, and provide applicable recommendations to address challenging scenarios.
  2. To comprehend key concepts and the significance of research, including the identification and formulation of research problems, the establishment of research objectives, familiarity with various research designs, and the development of a comprehensive research proposal.
  3. To develop expertise in generating theories and models applicable to understanding human behavior and functionalities.
  4. To appreciate the ethical considerations surrounding research in the business context.

Expected learning outcomes

By the end of the course, every learner should be able to:

  1. Examine and articulate the systematic methodologies inherent in conducting research within the dynamic realm of business, emphasizing the application of scientific methods to ensure rigor and reliability in the investigative process.
  2. Articulate a comprehensive understanding of the diverse array of business research methods, elucidating their 96 respective applications and demonstrating the ability to effectively employ these methodologies in various business contexts.
  3. Demonstrate proficiency in illustrating and deploying sophisticated sampling procedures, coupled with the adept utilization of scientifically sound data collection tools, to ensure the acquisition of high-quality and pertinent information in the business research domain.
  4. Formulate and execute a meticulously planned business research project by exercising discernment in decision making processes, reflecting an integrative approach that considers the complexities and nuances inherent in contemporary business environments
Further reading
  • Mark Saunders ,Phillip Lewis and Adrian Thornhill, Research Methods for Business Students , 3rd edition , FT-Pretense Hall, 2003
  • Gill, J and Johnson, P. (1997) Research Methods for Managers 2nd edition, London, Paul Chapman.
  • Kothari, C.R., Research Methods and Technologies, 2nd ed edition, Wiley Eastern Limited, 1992
  • Hans, R.(1992) Theory and practice of social research, New Delhi, Surjeet publications.
  • Kathy Ivens & Thomas Barich (1997), how to use Microsoft Office 97, Ziff-Davis Press
  • Kothari, C.R., Research Methodology. Methods and Techniques, 2nd edition, Wiley Eastern Limited, 1992
  • Robert B. Burns: Introduction to Research Methods( sage)
  • Emoriy C.W.: Business Research Methods ( Irwin Horne wood)0, 2005.
  • Clever, V.T.: Business Reseach Methods (Grid publishing), 2004
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