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PGDM in Insurance Business Management 

  • Private Institute
  • Estd. 1988

PGDM in Insurance Business Management
 at 
BIMTECH 
Overview

Duration

2 years

Course Level

PG Diploma

Mode of Course

Full Time

Total Tuition Fees

13.00 Lakh

Average package

11.10 Lakh

Official Website

Go to Website External Link Icon

Seat breakup

60

Type of University

Private

PGDM in Insurance Business Management
 at 
BIMTECH 
Fees

Fee componentsAmount (2 years)
13.00 Lakh
13.00 Lakh
Info Icon

These are based on information available on various sources. Latest values may differ.

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PGDM in Insurance Business Management
 at 
BIMTECH 
Highlights

  • PGDM’23 Applications Open: Apply @ www.bit.ly/BIMTECH23?open-reg
  • PGDM-IBM course has been accredited by CII, London since 2007
  • BIMTECH is an academic partner to the International Institute of Business Analysis, Canada (IIBA)
  • LOMA, USA, is BIMTECH’s educational partner and BIMTECH is an approved Third Party Examination Centre for LOMA exams
  • MoU with the Risk and Insurance Management Society (RIMS) USA for Certified Risk Management Professional Certification (CRMP)
  • Fraternal relations with Risk Management Associate of India (RMAI) AND Federation of Afro-Asian Insurers and Reinsurers (FAIR) for joint projects and seminars
  • Course is Accredited by AIU, NBA, A+ NAAC,BSIS from EFMD
Read more

PGDM in Insurance Business Management
 at 
BIMTECH 
Curriculum

Latest curriculum for PGDM in Insurance Business Management at BIMTECH can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in MBA/PGDM at BIMTECH

Want to know more about BIMTECH Scholarship details?
Read about Scholarship

PGDM in Insurance Business Management
 at 
BIMTECH 
Placements

ParticularsStatistics (2023)
Average SalaryINR 11.10 Lakh
Highest SalaryINR 14.00 Lakh
Median SalaryINR 10.50 Lakh
Lowest SalaryINR 6.00 Lakh
% Batch placed100
Lock IconTop Recruiters for BIMTECH
Accenture
ADP
alstom
Bata India
Blackrock
Cognizant
CRISIL
Deloitte
E&Y
Havells Limited
Hyundai
KANTAR Operations
Marsh
Maruti Suzuki
Panasonic
Wipro
View placement details

PGDM in Insurance Business Management
 at 
BIMTECH 
 
Frequently Asked Questions

Q:   How can I get admission to BIMTECH for MBA?

A: 

In order to get admission to MBA at BIMTECH, the minimum eligibility criteria is to pass Graduate with 50% aggregate. As per the selection criteria, aspirants need to qualify CAT/ XAT/ CMAT with a valid score. The final selection is based on the personal interview round conducted at BIMTECH.

BIMTECH PGDM Final Selection Criteria

Students can check the final selection criteria from the table presented below for Parameters and Weightages for Merit/NRI/Sponsored Categories/Supernumerary Seats:

Selection Criteria

Weightages - Merit Category

Weightages* 

Selection Process:
Extempore (EXTM)
Personal Interview (PI)


5 (EXTM) + 25 (PI) = 30%


15 Extempore) + 35 (PI) = 50%

CAT/XAT/CMAT percentile

35%

NA

*Past Academic Performance (10th, 12th & Graduation)

10%

14%

Additional weightage for candidates with Engineering, Maths & Statistics background

8%

13%

Work Experience

8%

13%

Regional-Other than UP & NCR Region

5%

5%

Gender (Female Candidates Only)

4%

5%

*NRI/Sponsored Categories/ Supernumerary Seats

Q:   How many seats are there for PGDM in BIMTECH?

A: 

A total of 1,385 seats are reserved for PGDM BIMTECH. As per stats, majority of seats are reserved for Online Post Graduate Diploma in Management (PGDM) that is 800 followed by Post Graduate Diploma in Management (PGDM), i.e., 345. For more details students can check the table presented below:

CoursesSeats
Online Post Graduate Diploma in Management (PGDM)800
Post Graduate Diploma in Management (Executive PGDM)60
Post Graduate Diploma in Management (PGDM)345
PGDM in International Business60
PGDM in Insurance Business Management60
PGDM in Retail Management60

Q:   Which is a better college amongst BULMIM or Bimtech? Which college should I prefer as I scored 86 percentile in XAT?

A: 
Both BULMIM and BIMTECH are reputed management colleges in India. BULMIM (Bharatiya Vidya Bhavan's Usha & Lakshmi Mittal Institute of Management) is located in New Delhi, and BIMTECH (Birla Institute of Management Technology) is located in Greater Noida, Uttar Pradesh. Since you have scored 86 percentile in XAT you have a decent chance of getting admission in both colleges. However, the final selection will depend on various factors such as your preference of location, course curriculum, faculty, infrastructure, and placement opportunities. Here is a brief comparison of BULMIM and BIMTECH based on various parameters: Ranking: Both colleges are well-ranked and reputed. BIMTECH is consistently ranked among the top 50 management colleges in India, while BULMIM is ranked among the top 100. Course Curriculum: Both colleges offer a two-year full-time PGDM programme with a similar course curriculum. However, BIMTECH offers a wide range of specializations such as Marketing, Finance, HR, Operations, and International Business, whereas BULMIM offers only two specializations - Marketing and Finance. Faculty: Both colleges have a team of experienced faculty members who are experts in their respective fields. Infrastructure: BIMTECH has a sprawling campus spread over 7.5 acres with state-of-the-art infrastructure, including a well-stocked library, computer labs, auditorium, and sports facilities. BULMIM also has a decent infrastructure with a library, computer labs, and a seminar hall. Placements: Both colleges have a good placement record with reputed companies visiting the campus for recruitment. However, BIMTECH has a better placement record and a higher average package as compared to BULMIM. Based on the above comparison, BIMTECH seems to be a better option than BULMIM. However, it is always advisable to visit the campus, interact with the faculty and students, and conduct thorough research before making a final decision.

Q:   What is BIMTECH cutoff for MBA admissions 2023?

A: 

BIMTECH admission ro MBA course is based any of the entrance exam scores namely CAT, CMAT, XAT and MAT. Candidates who seek to take admission in MBA at BIMTECH must have a valid score in order to be eligible for the further admission process. Going as per the last year trends, it can be estimated that BIMTECH cutoff for MBA admissions stood closed at 70 for CAT, 70 for XAT, 75 for CMAT and 80 for MAT for the General category - All India students. For more information regarding BIMTECH cutoff, candidates can click here

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Q:   What would be my RIO after completing MBA from BIMTECH Noida?

A: 

As per the stats, the ROI could be decent after completing MBA from BIMTECH Noida. As per the table presented below, students can check the ROI after completing MBA from BIMTECH:

CourseROI
Average PackageINR 10.5 LPA
Total Tuition FeeINR 12 LPA to INR 14 LPA

PGDM in Insurance Business Management
 at 
BIMTECH 
Entry Requirements

General
GraduationUp Arrow Icon
  • 50%
3 year degree acceptedUp Arrow Icon
  • N/A
XATUp Arrow Icon
  • N/A
GMATUp Arrow Icon
  • N/A
CMATUp Arrow Icon
  • N/A
CATUp Arrow Icon
  • N/A

PGDM in Insurance Business Management
 at 
BIMTECH 
Admission Process

  • Register and Apply
  • Admission Process

PGDM in Insurance Business Management
 at 
BIMTECH 
Cutoffs

Filter Icon3
GenderDown Arrow Icon
QuotaDown Arrow Icon
CategoryDown Arrow Icon
MAT round-wise cutoff Rank: (General-All India)
Round20192024
17070
CMAT round-wise cutoff Rank: (General-All India)
Round20192024
17070
CAT round-wise cutoff Rank: (General-All India)
Section2024
VRC-
DILR-
QA-
TOTAL60
XAT round-wise cutoff Rank: (General-All India)
Round20192024
16060
View Cutoff Details

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Read MBA/PGDM reviews from BIMTECH
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PGDM in Insurance Business Management
 at 
BIMTECH 
Students Ratings & Reviews

3.8/5
Verified Icon15 Verified ReviewsInfo Icon
Placement Review IconPlacements4
Infrastructure Review IconInfrastructure3.9
Faculty Review IconFaculty & Course3.9
Crowd Review IconCampus Life3.9
Money Review IconValue for Money3.3
M
monika punia Verified Icon
PGDM in Insurance Business Management - Batch of 2021
Offered by Birla Institute of Management Technology
4.6
5Placements4Infrastructure5Faculty4Crowd & Campus Life5Value for Money
Our campus is full of cultural diversity.
Placements: Almost 100% of students got placed in this course. More than 100 companies visited our campus for recruitment. Students were given additional inputs on soft skills, industry & company-related knowledge, and current events. The service of superset and other portals were available for updating general awareness and facilitating online projects. Around 58 students got placed in Infosys. Almost 40 students got placed in ICICI Bank. Around 17 students got placed in Reliance Retail. The highest international salary package offered was 24.6 LPA. The highest domestic salary package offered was 18 LPA.
Infrastructure: Our campus was Wi-Fi enabled. Classrooms were air-conditioned. Single and double occupancy hostel rooms were available. Students will get medical insurance of Rs.5000 and a refundable security amount of Rs.50000. The mess fee structure was Rs 66,000. The hostel fee structure was Rs 96,000. One could refer to the student handbook for all information related to rules and regulations available on the website. The food served in the mess was good. There was an online registration process for the hostel.
Faculty: Faculty members were very innovative as it enhanced the mindset of students. They were also helpful. The teaching quality was better for us to understand every topic easily. They also help us with projects and internships. Teachers were highly knowledgeable and experienced. Semester exams were conducted in a very coordinated manner. If students pay attention to classes and complete all the assignments, exams are not difficult to pass. BIMTECH had partnered with 64-B Schools across the globe, which provided international exposure to students.
Other: I chose this course because of my interest in it. Many opportunities were available for corporate exposure. There were 60 students in our batch. The course fee was Rs.16,00,000.
Reviewed on 3 Jun 2023Read More
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R
Rajat Gupta Verified Icon
PGDM in Insurance Business Management - Batch of 2022
Offered by Birla Institute of Management Technology
4
4Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money
It is a college with decent ROI and has the best environment.
Placements: IBM course is the first course in BIMTECH which gets placements that too by the end of October. Although last time it took 5-6 months. The lowest salary package offered was 6.18 LPA in the IBM program, and the highest salary package offered was 10.1 LPA. Bagic, SBI General, Swiss Re, SUD Life, Infosys, Coforge, Marah Brokers are the top recruiters. Everyone got internships although in the starting it was quite difficult to get but, in the end, it went well. The average stipend was around Rs.8,000-10000 per month. Companies for internships were Infosys, Tata AIG, Bagic, Balic, Pramerica Life, and Epoch Brokers. Students were placed for a profile of management trainee then assistant manager, claims, and underwriting.
Infrastructure: The quality of the food served is next to a home in the hostel. Wi-Fi is given but many times it does not work well but technicians and staff are very supportive and cooperative and take immediate action. Although the staff of the boys hostel which is 3km from campus is way better than campus staff.
Faculty: I got admission through the CMAT exam. Teachers in our department are some of the industry leaders who got retired or took early retirement. They are very helpful. The course curriculum and webinars that take place are very up-to-date. Semester exams are not that tough. With just a study of 2 days, anyone can easily crack the exam. With regular mock GD and interviews, they make us industry-ready but due to Covid, it impacted our exposure.
Other: After checking the placement record and opportunities in the insurance sector I chose this course. Connectivity to our campus is good as the metro is nearby and autos and college buses are always an option to travel. Events were held virtually last entire year. Very frequently. improvement can be done in the method of study by more videos and audios presentations and teaching.
Reviewed on 8 Jul 2021Read More
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A
AnonymousVerified Icon
PGDM in Insurance Business Management - Batch of 2018
Offered by Birla Institute of Management Technology
3.4
3Placements4Infrastructure3Faculty4Crowd & Campus Life3Value for Money
Actual Experience at BIMTECH.
Placements: I'm from BIMTECH's IBM-Insurance business management batch, and placement for IBM batch is soo good, and 100% students got placed and the roles offered to them was also good for the insurance domain. BIMTECH has its CCR placement cell and it is very useful.
Infrastructure: Infrastructure over there is well constructed and they had designed it really well. The quality of classrooms and labs are good and the classroom size is perfect for 60 to 80 students and the quality of classrooms for the infrastructure is fine and they have designed it so well.
Faculty: The course curriculum designed by the BIMTECH is well-designed and it is accredited by NAAC and it is focused on industrial and the teachers are well-qualified and experienced too. They use so many methods to teach and the kind of knowledge they provide is very appreciable.
Reviewed on 26 May 2018Read More
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A
AnonymousVerified Icon
PGDM in Insurance Business Management - Batch of 2015
Offered by Birla Institute of Management Technology
3
3Placements3Infrastructure3Faculty3Crowd & Campus Life3Value for Money
A college with good infrastructure.
Placements: I was in 2013-15 batch from BIMTECH, and My domain was Insurance Business Management. While I was pursuing this, insurance batch was placed well, we all got placed in around one and a half month and the lowest package for my batch was four Lacs and the highest one was 7 Lacs and the placement scenario was well for the whole batch and 100% students got placed for the insurance batch.
Infrastructure: If we talk about the classroom quality then classrooms are well constructed and the campus is constructed so well. The infrastructure is good and I didn't face any issue there and they provide wi-fi facilities to and that works on an average. And food quality is good there, they provide the choice between foods and they have food for Jain' too, which is a good thing.
Faculty: Faculty over there is well qualified and they are good in nature too, they provide very little help and if someone is having any doubt they are available for the help. The curriculum is quite satisfied which will help with specific knowledge but might not be helpful as per industry perspective but the overall experience there is good.
Reviewed on 19 May 2018Read More
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HM
Harsh MittalVerified Icon
PGDM in Insurance Business Management - Batch of 2017
Offered by Birla Institute of Management Technology
4
4Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money
There were good placements through out the 6 batches, which was almost 100 percent.
Placements: The placements were good for my batch as well as for the senior's batch. About 100 percent of the students got placed in most of the batches in insurance. The highest package offered was around Rs. 9 lakhs of CTC, whereas the lowest was around Rs. 4.5 lakhs of CTC. On an average, it could be around Rs. 6.8 lakhs. All the multinational companies come for the placements, including the IT companies, General Insurance companies, Life Insurance companies, top rated brokers, etc. All kind of roles has been offered to the students in each and every department. About, 80 % of the students get an internship from the college itself. The highest stipend offered to the students is about 25,000 per month while the lowest being Rs. 5,000 per month. The average could be around Rs. 12,000 per month.
Infrastructure: The Wi-Fi facility provided is good in both the college and in the hostel. The computer labs and other labs are also good and well maintained. The classrooms are good to have a group of students which are around 70 in number. The library is also good having a good number of books including the studies and other fictional books. Medical room is also present which remains open every time. There is also an ambulance there to take the students to the nearest hospital for their treatment.
Faculty: The faculty of the college is very helpful. They are well qualified to teach in their respective subjects. As it is necessary for a faculty to have industry knowledge as to how it works outside, It helps a lot. The teaching methods used by them are good as they give case studies, market search, making a presentation on some new topics and also giving practical examples related to the studies.
Reviewed on 29 Dec 2017Read More
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PGDM in Insurance Business Management
 at 
BIMTECH 
 
Students also asked

Q:   What is the last date to apply for BIMTECH for MBA?

A: 

As of now, the admission process for MBA at BIMTECH Noida in on-going. Interested students can visit the official website to apply for the course. However, in order to apply for MBA programme, the candidate need to meet the latest educational qualifications. The student have be graduate with 50% aggregate. Candidates appearing in the Final Year Graduation Examination (1st attempt) in Summer 2025 can also apply at BIMTECH. Such candidates will have to produce final year results of graduation with a minimum of 50% aggregate on or before October 31 of the admission year, failing which their provisional admission will be automatically cancelled. For admission to PGDM & PGDM (IB), the candidate must have a valid CAT/ XAT/ CMAT scores. For admission to PGDM (RM) & PGDM (IBM), an applicant must have a valid CAT/MAT/XAT/CMAT score.

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Q:   Can I get direct admission in BIMTECH for MBA?

A: 

The candidate who are looking for MBA admissions at BIMTECH need to be graduate with 50% aggregate. Apart from the pre-defined eligibility, students appearing in final year graduation examination (1st attempt) in Summer 2024 is also eligible. The admissions are done in two categories:

  • Merit/General Category- 85% seats in all courses will be filled through general category. For distribution of seats, candidates need to visit the admission page of official website. Regular admission is done to those candidates who have fulfilled all the admission necessities and whose names appear in the merit list of successful applicants.
  • Other category- 10% seats will be filled through corporate sponsored /NRI/NRI sponsored/international student’s category.

Q:   Who is eligible for BIMTECH Noida MBA?

A: 

In order to get admission at BIMTECH Noida for MBA course, students can check the table presented below:

Course Name

Eligibility 

PGDM

Graduate with a minimum 50% aggregate

Note 1: Candidates appearing in the Final Year Graduation Examination (1st attempt) in Summer 2025 can also apply at BIMTECH. Such candidates will have to produce final year results of graduation with a minimum of 50% aggregate on or before October 31 of the admission year, failing which their provisional admission will be automatically cancelled.

Note 2: For admission to PGDM & PGDM (IB), the candidate must have a valid CAT/ XAT/ CMAT scores. For admission to PGDM (RM) & PGDM (IBM), an applicant must have a valid CAT/MAT/XAT/CMAT score.

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Q:   What kind of subjects are there in BIMTECH Noida MBA?

A: 

As per the course structure, the programme at BIMTECH comprises two terms. The overall credit requirement of the MBA programme is summarised in the table presented below for BIMTECH Noida:

  • Post Graduate Diploma in Management (PGDM)
  • PGDM in International Business
  • PGDM in Insurance Business Management
  • PGDM in Retail Management

 

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Q:   What is the selection criteria for MBA at BIMTECH Nodia?

A: 

The final selection is based on the performance of candidates in the Personal Interview (PI) round conducted at the college. However, the candidate required to have a valid score of CAT/ XAT/ MAT/ CMAT exam.  For more details, Students can check the final selection criteria from the table presented below for Parameters and Weightages for Merit/NRI/Sponsored Categories/Supernumerary Seats for BIMTECH PGDM Final Selection Criteria

Selection Criteria

Weightages - Merit Category

Weightages - NRI/
Sponsored Categories/
Supernumerary Seats

Selection Process:
Extempore (EXTM)
Personal Interview (PI)


10 (Extempore ) + 25 (PI) = 35%


20 Extempore) + 33 (PI) = 50%

CAT/XAT/CMAT/MAT percentile

30%

NA

*Past Academic Performance (10th, 12th & Graduation)

7%

14%

Additional weightage for candidates with Engineering, Maths & Statistics background

5%

10%

**Work Experience

10%

13%

#Regional-Other than UP & NCR Region

3%

3%

##ESCS Category- Minority Communities/SC/ST/OBC/EWS

5%

5%

Gender (Female Candidates Only)

5%

5%

 

qna

PGDM in Insurance Business Management
 at 
BIMTECH 

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 4 years ago

Your expected CMAT percentile will remains between 80-81. The CMAT percentile above 80 can be good enough for BIMTECH Noida. Hence lets be hopeful everything will be fine.

15408269
pradeep kumar

Scholar-Level 18

Answered 6 years ago

Hi, I would like to say that IBM takes PGDM students, but it would be better if you remove this criteria. It is never sure about the placements in specific company. Although with the latest accreditation, there are chances that placements can improve, but not fixed. All the best.

P

Prateek Jaiswal

Contributor-Level 8

Answered 6 years ago

Hi, there is no restriction like that. It purely depends on your overall performance. Considering all the factors. It might be possible that a fresher gets more package then an experienced person.

P

Prateek Jaiswal

Contributor-Level 8

Answered 6 years ago

Hi, Congratulations!! The average package is around 10 lakhs. The companies list vary from year to year. Generally, they are are Asian paints, KPMG, IIBA, LOMA, CII etc. All the best.

P

Prateek Jaiswal

Contributor-Level 8

Answered 6 years ago

Hi, Although the score is not very good. But you can try for the course. The cut off changes every year. Prepare well for the interview, it is the most important part. All the best.

P

Prateek Jaiswal

Contributor-Level 8

Answered 6 years ago

The list of colleges accepting MAT scores are as follows: Praxis Kolkata- PGP Business Mgmt MAT: 90 percentile XIME- Bangalore MAT: 80 percentile TAPMI Manipal only PGDM-Healthcare MAT: 80+ percentile PUMBA- Pune (based on 2014-16 process) MAT: 95 percentile Acharya IoM Bangalore- MBA and PGDM MAT

...more

P

Prateek Jaiswal

Contributor-Level 8

Answered 6 years ago

Yes, you can get admission in PGDM insurance business management with this score. You should fill the application form.

A

Adity Singla

Beginner-Level 3

Answered 6 years ago

The MAT percentile wise college list is 90+ percentile colleges are: Amity Business school, Noida 81-90 percentile colleges are Christ college in Bangalore, Birla Institute of Management Technology in Noida, Asia Pacific Institute of management in Delhi, MS Ramaiah Institute of management in Ban

...more

P

Prateek Jaiswal

Contributor-Level 8

PGDM in Insurance Business Management
 at 
BIMTECH 
Contact Information

Address

Plot No. 5, Knowledge Park II
Greater Noida ( Uttar Pradesh)

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