IIRM Hyderabad
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IIRM PG Courses 2025

  • Public/Government Institute
  • Estd. 2002
Dark Clock Icon Last updated on 2 Dec '24

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IIRM Hyderabad Courses and Fees 2025

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CoursesTuition FeesEligibility
MBA/PGDM(5 courses)
1 L - 9.5 L
Graduation : 50 %
Exams : MATXAT+3 More
PG Diploma(1 course)
2 L
– / –
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Commonly asked questions
On Fees and Eligibility

Q:   Can I join Institute of Insurance and Risk Management directly?

A: 

IIRM offers a 2-year Post Graduate Diploma in Management (PGDM) under various specializations, such as Financial Services & Banking, Human Resource Management, Finance, Business Analytics, Actuarial Sciences, Risk Management, Data Science & Analytics, International Marketing, and Insurance.

To join IIRM directly, you need to have a bachelor’s degree with minimum 50% marks in any discipline from a recognised university. You also need to have a valid score in any of these entrance exams: CAT/ MAT /XAT/GMAT/CMAT/ ATMA/ CET. The final selection is based on the performance in the entrance exam score and personal interview.

Hope this information helps you.

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Q:   Can I get into Institute of Insurance and Risk Management MBA with 70% in class 12th?

A: 

YES! You can get admission in the IIRM Hyderabad with 70% in 12th class. You should have a bachelor's degree with minimum 50 percent  in any discipline form a recognised university. You also should have a valid score in the entrance exams like CAT/MAT/XAT/GMAT/ATMA/CMAT/STATECETS/IIRM CET.

If you writing your final exams then also you can apply, the admissions will be based on the test scores followed by interview. 

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Q:   How many students can do a PG Diploma at Institute of Insurance and Risk Management?

A: 

In the PG Diploma at the Institute of Insurance and Risk Management,

each group has around 60 students,

and there are a total of 4 groups or sections in the institute.

Overall batch size is not that big and is descent also faculty to student ratio is well maintained in the college 

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Q:   What is the fee for UG courses at Institute of Insurance and Risk Management?

A: 

There are no UG Or under graduate courses at IIRM. There are only Diploma and PG or post graduate cources available. The fees for the available courses are as follows:-

1.Post graduate Diploma in management:- Rs 950000/- for full course. 

2.International PGD in general insurance:- Rs 100000/- for full course. 

3.International PGD in risk management:- Rs 100000/- for full course. 

4.international PGD in life insurance:- Rs:- 100000/- for full course. 

5.Online Executive PG Diploma in Acturial Science:- Rs 200000/- for full course. 

6.Online  International post graduate Diploma in Reinsurance:- 125000 for full course. 

 

 

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Q:   Does IIRM Hyderabad accept MAT score for admission to PGDM?

A: 

Yes, IIRM Hyderabad does accept MAT score for its PGDM course admission. Additionally, those with a valid score in any of the other accepted exams, such as CAT/ MAT/ XAT/ GMAT/ ATMA/ CMAT/ State CET can also apply. Students seeking admissions must meet the eligibility required for the course before applying. Interested candidates fulfiling the admission criteria can visit the official website of the institute to apply for the programme.

 

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IIRM Hyderabad Fee Structure

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Commonly asked questions
On Fees Breakdown

Q:   What are the rankings of IIRM Hyderabad?

A: 

IIRM Hyderabad is one of the best B schools in Hyderabad.  The institute has been ranked by several organisations. India Today has ranked it 5 under the 'Top B Schools' category in South India. Further, Outlook ranked it 16 among all the Government B Schools in India. IIRM has also been ranked by the Fortune India 2023 as the 5 best B school in Hyderabad.

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Q:   What are the fees for PG Diploma programmes at Institute of Insurance and Risk Management?

A: 

The cost for PG Diploma programs at the Institute of Insurance and Risk Management is INR 9,27,000.

 This covers the tuition fees, and there are some extra fees during admission.

 Additionally, students need to pay INR 2,00,000 for hostel, food, and other facilities.

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IIRM
Students Ratings & Reviews

4.5/5
Verified Icon17 Verified ReviewsInfo Icon
Placement Review IconPlacements4.5
Infrastructure Review IconInfrastructure4.3
Faculty Review IconFaculty & Course4.6
Crowd Review IconCampus Life4.4
Money Review IconValue for Money4.5
R
Rohit Kumar Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2025
4.8
5Placements5Infrastructure5Faculty4Crowd & Campus Life5Value for Money
Ideal for those aspiring to excel in Insurance and Risk Management.
Placements: The institute boasts an outstanding placement cell, excelling in connecting students with top recruiters like Marsh India Insurance Brokers Private Limited, Mahindra Insurance Brokers, HDFC, Kotak, and Deloitte. The comprehensive Summer Internship program ensures every student secures valuable industry experience, gaining real-time insights. This two-month internship opportunity further enhances students' skills and understanding, preparing them for successful careers in their respective fields.
Infrastructure: IIRM features a Wi-Fi-enabled campus, well-equipped with computer labs, classrooms, and a library housing extensive reference books and subscribed journals. The institute offers quality hostel facilities with daily housekeeping, and the mess serves tasty, healthy food based on the student committee-approved menu.
Faculty: IIRM boasts an exceptional faculty, comprising highly qualified professionals with industry expertise, guiding students towards their destinies. The institute consistently updates its curriculum to align with emerging industrial needs, ensuring students meet industry standards and become industry-ready.
Other: India's rising global prominence is accompanied by accelerated growth in the insurance sector. Amid this pivotal phase, the opportunities for Insurance and Risk Management Graduates are evident. IIRM stands as the premier institute offering PGDM in Insurance and Risk Management, producing top-notch management trainees to meet the industry demands.
Reviewed on 26 Feb 2024Read More
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S
Subramanyam Potla Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2025
4.6
5Placements4Infrastructure5Faculty4Crowd & Campus Life5Value for Money
IIRM is the Top-Notch institute in Insurance and Risk domains.
Placements: This institute has a good placement cell, which is excellent in its work. The top recruiting companies include Marsh Insurance brokers, Mahindra insurance brokers, HDFC group, Kotak, Deloitte, etc. Every student will get the internship opportunity to work with industry, gain real-time experience, and gain industrial insights during the 2 months of the summer internship programme.
Infrastructure: IIRM is a Wi-Fi-enabled campus with a computer lab, good classrooms, and a library with a large number of volumes of reference books and subscribed journals. The institute provides good hostel facilities with daily housekeeping services. The mess provides tasty and healthy food with a student committee-decided menu.
Faculty: IIRM had excellent, highly qualified, and knowledgeable faculty with industry experience who could help the students pave the path for their destiny. The institute continuously upgrades its course curriculum according to emerging industrial requirements, which will help the students meet industrial standards and make them industry-ready.
Other: India is becoming a country of growing importance in every aspect across the globe. The country is in its best phase now. During this period of growing importance, the insurance sector is growing at a faster rate than before. This clearly shows the opportunities ahead for the insurance and risk graduates. IIRM is the premier institute offering the PGDM in Insurance and Risk Management and providing the best management trainees to the industry.
Reviewed on 25 Feb 2024Read More
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A
AnonymousVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2021
3.8
3Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money
Review for the PGDM from the IIRM, HYDERABAD.
Placements: The placements cell of IIRM tries it's best for the students placements. Around 40–45% of the students get placed at the IIRM. The average package offered for the BBA course was between 4 and 6 LPA. Companies like Deloitte, Accenture, Zoho, Capgemini, etc. visit the college for placements.
Infrastructure: IIRM had a really big and beautiful campus. The infrastructure available for the PGDM course at this college was good. The facilities of the college were of good quality and properly maintained by the college management. Wi-Fi, labs, library, canteen, hostel, sports, medical, and other necessary facilities were provided to the students. The facilities offered in the hostel were also of good quality.
Faculty: The faculty for the PGDM course was well qualified and knowledgeable at the IIRM Hyderabad. Teachers at the college were helpful and supportive of the students. Professors were giving placements and internship training to the students. The course curriculum followed at the college was relevant, and it made the students industry-ready. Exams at the college were not hard to pass for our course.
Reviewed on 11 Jun 2024Read More
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C
Chada Sesha Sai Iswarya Balaram Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2025
4.4
4Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money
Complete Review Of IIRM.
Placements: Currently, the placement rate stands at approximately 90% for the batch of 2022-24. The highest salary package offered reaches 1,800,000, while the lowest salary offered was 7LPA. Notably, MARSH and DELOITTE are the prominent recruiting companies. I am delighted to share that I have secured an internship position in a highly esteemed company, as assured by the institute. I am grateful for the opportunity to be a part of this institute and contribute to the development of my career.
Infrastructure: The food service quality they offer is exceptional, and the curriculum is constantly updated to prioritize practical knowledge for students. The hostel provides both 2-share and 3-share rooms, along with a well-maintained mess offering a menu that includes both North and South Indian cuisine.
Faculty: The instructors possess excellent qualifications, and the exchange of knowledge occurs on a daily basis. This MBA program has been meticulously designed to equip students with the necessary knowledge and skills to thrive in today's fiercely competitive business environment. It covers a wide range of topics, including corporate governance, business model innovation, strategy execution, and strategic analysis.
Reviewed on 20 Feb 2024Read More
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S
Sai Revanth Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2024
4.6
5Placements4Infrastructure5Faculty4Crowd & Campus Life5Value for Money
Review of the Institute of Insurance and Risk Management.
Placements: Placements are very well done; most of the senior students are placed. The highest package is 16 LPA, and the least is around 6 LPA. The top recruiters are from the Insurance sector and Banking sector, offering a wide range of roles. The top recruiters are from Marsh, Niva Bupa Health Insurance, AON, HDFC ERGO, SBI General Insurance, etc.
Infrastructure: The college offers good infrastructure with good hostel facilities. There is an option for Double and Triple Sharing of rooms in the hostel. There are facilities like Gym, Badminton Court, Recreation room with TV, Table tennis room, etc., for refreshing.
Faculty: The faculty is very good in their respective domains, and there is expertise in every domain offered by the college. The college offers a specialized course in Actuarial with good faculty. The curriculum is quite similar to the industry's needs and requirements, offering Trimester courses.
Other: The college conducts an annual program called WeBhinn, where students can showcase their talents in cultural and sports events.
Reviewed on 15 Feb 2024Read More
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S
Sri khushaal Yarlagadda Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2022
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
Best MBA/ PGDM college in India Best place to learn, grow and develop professionally.
Placements: There was 100% Placements for 2022 batch students, starting from 15 Lacs per annum onwards and most of the pioneer companies have arrived for placements this year. Most of the students got pre placement offer through their internships which were paid internship starting from 40,000 stipend per month.
Infrastructure: College infrastructure is amazing, and wonderful precisely memorable and pleasant environment of the college, especially hostel Life was most wonderful life at IIRM. Hostel can be rated as 5 star hostel due to the ambience, and other facilities such as Wi-Fi, TV and tt room, laundry facility. Overall its a great place to learn and grow professionally.
Faculty: Faculty are the best at this college compared to any other colleges in Hyderabad and any other metropolitan city MBA colleges, well-equipped with knowledge, and experience. Curriculum is dynamic, and well designed to student for their contemporary world and technology.
Other: One of the unique courses are been facilitated at IIRM college, well established with best of the student life atmosphere. Every 3rd Saturday of november is the most memorable day of every student at IIRM. College conducts fest called webin Every year with the current batch students. That reminds every beautiful moments of the college.
Reviewed on 28 Dec 2022Read More
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View All 17 ReviewsRight Arrow Icon

IIRM 
Admission FAQs

Q:   What are people's opinions on Institute of Insurance and Risk Management for MBA?

A: 

The opinions for IIRM Hyderabad are mostly positive. People have given positive opinions for factors like placement, infrastructure, courses, faculty etc. The rating which people have gave to this college is 8.5 out of 10 on an average. People have reviewed that it is one of the best colleges of India. The main thing that people have rated the best is the campus life and placement, the highest package is 15lpa and average is 9 LPA which is a good amount. So if you want to take admission in this college it will be a good choice. 

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Q:   What are the top Scholarships for MBA at Institute of Insurance and Risk Management and how to avail them?

A: 

The Institute of Insurance and Risk Management (IIRM) in Hyderabad offers scholarships to students on merit-cum-means basis. The scholarship ranges from 10% to 100% and depends on annual income, and the academic performance. The institute provides limited number of scholarships every year (around 6-8 per year per department). To apply for the scholarship, the eligible candidates must submit the necessary documents as proof of their income and academic achievements.

Other sources of scholarships for MBA students interested in insurance and risk management are the University of Cincinnati Lindner College of Business and the Carl H. Lindner III Center for Insurance and Risk Management. They provide significant scholarships to support achievement-oriented students with demonstrated superior academic and leadership abilities, who are engaged in the study of insurance, risk management, and/or certified financial planning at either the undergraduate or graduate levels. 

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Q:   What is unique about Institute of Insurance and Risk Management?

A: 

Offering a customised curriculum and industry-specific experience, the Institute of Insurance and Risk Management (IIRM) is distinguished by its specialised focus on insurance and risk management. It has a close integration with the industry, which promotes practical experience and possible internships. Professionals from the sector make up the faculty, guaranteeing students will get useful knowledge. The institute's focus on practical instruction efficiently prepares students for the challenges in these sectors. It puts an emphasis on innovation and research while educating students about current business trends. IIRM offers a comprehensive education in insurance and risk management with a curriculum tailored to industry demands.

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Q:   What is the eligibility criteria for PGDM at IIRM Hyderabad?

A: 

The following is the eligibility criteria to take admission in IIRM Hyderabad. 

1.You should have atleast 50 percent in your bachelor's degree in any discipline from a recognised university. 

2.You should have passed any one of the exams like CAT, MAT, XAT, CMAT, ATMA.with 50 percent in order to qualify for the cutoff. 

3.After cutoff you will be interviewed personally and finally you will get admission for your respective specialization. 

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Q:   Does Institute of Insurance and Risk Management accept MAT score?

A: 

The Institute of Insurance and Risk Management (IIRM) in Hyderabad accepts MAT score for admission to its Post-Graduate Diploma in Management (PGDM) program. The candidates are required to have a relevant score in the exams named CAT/MAT/XAT/GMAT/ATMA/CMAT/State CET for admissions to the institute. The cutoff for MAT score varies depending on the course and category of the candidates. For example, the cutoff for PGDM Insurance is 50 percentile.

IIRM,  MAT Cutoff 2023:

Courses
2023
Cutoff By Percentile
2022
Cutoff By Percentile
PGDM Finance
5050
PGDM Human Resource Management
5050
PGDM Actuarial Science
5050
PGDM Banking, Financial services & Insurance Management
5050
PGDM Data Science & Analytics
5050
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Q:   Is MBA/PGDM at IIRM worth the investment?

A: 
{Source: MBA/PGDM students & alumni}

After analyzing the reviews and feedback from students and alumni, here's a summary of the key points:

Placement Record:
* Approximately 100% of students get placed (with some batches having a slightly lower placement record)
* the highest salary package offered: INR18 Lacs - INR1.80 crore
* Average salary package offered: INR7.5 Lacs - INR10 lakh
* Top recruiting companies include Marsh, Deloitte, AON, HDFC ERGO, SBI General Insurance, and more
* Roles offered include management trainee, corporate sales, tax consultant, risk compliance officer, and more

Faculty and Course Curriculum:
* Faculty members are highly qualified and knowledgeable with industry expertise
* Course curriculum is updated regularly to align with emerging industrial needs
* Subjects covered include actuarial science, risk management, insurance, marketing, and more

Infrastructure and Facilities:
* Campus infrastructure is modern and well-equipped with amenities like Wi-Fi, libraries, computer labs, and recreational facilities
* Hostel facilities are comfortable with options for single-sharing and double-sharing rooms
* Mess food is available, and canteens are hygienically managed

Student Feedback:
* Students appreciate the supportive faculty and staff
* Reviewers praise the college's emphasis on practical knowledge and industry exposure
* Some reviewers mention that the college could improve its cultural activities and events

Based on these factors, it appears that an MBA/PGDM degree from IIRM can be a worthwhile investment for those interested in pursuing a career in insurance, risk management, or related fields. While individual experiences may vary, overall, students seem to benefit from the college's strong industry connections, faculty expertise, and robust placement record.
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Q:   When is Institute of Insurance and Risk Management application forms out?

A: 

IIRM offers a 2-year Post Graduate Diploma in Management (PGDM) under various specializations, such as Financial Services & Banking, Human Resource Management, Finance, Business Analytics, Actuarial Sciences, Risk Management, Data Science & Analytics, International Marketing, and Insurance.

The application forms for various courses offered by IIRM are available online. You can apply form by following ways:

Online Application Form: This is the official website of IIRM, where you can fill in your details and pay a fee of Rs. 500/- to apply for any course. 

Apply – IIRM Hyderabad: This is another website of IIRM, where you can find more information about their courses and programs. You can also download offline application forms and send them by post or email.

Institute of Insurance and Risk Management: IIRM Downloads: This is a third-party website that provides various downloads related to IIRM, such as prospectus, entrance test hall ticket, re-evaluation examination form, placement brochure, etc.

Hope this helps you.

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IIRM

Student Forum

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

Answered 5 days ago

No, IIRM Hyderabad does not offer placement services for distance learning students. However, the institute does provide placement assistance to students pursuing regular programs: 

Internships

Students can participate in internships after their second semester. The summer internship program is consid

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K

Kaushiki Mishra

Contributor-Level 7

Answered a month ago

Yes, IIRM Hyderabad does accept offline applications. Students interested in applying offline for the offered course can follow the steps mentioned below to complete to apply offline:

Step 1: Visit the official website of IIRM Hyderabad and click on the "Admissions" tab.

Step 2: Scroll down and downlo

...more

V

Virajita Sharma

Contributor-Level 10

Answered a month ago

Students need to provide various documents at the time of IIRM Hyderabad application. Original copies of the same must be produced at the time of admission. Find below the list of documentes needed at the time of IIRM Hyderabad application process: 

  1. SSC/ Matriculation/ Class 10 markssheet & certifica

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V

Virajita Sharma

Contributor-Level 10

Answered a month ago

No, work experience is not compulsory for getting admission into the IIRM Hyderabad PGDM programme. However, it will certainly add extra weight to your application if you have some sort of prior work experience. Those with the experience can mention so while filling out the form online. Provide deta

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V

Virajita Sharma

Contributor-Level 10

Answered a month ago

Aspirants can apply for the IIRM Hyderabad PGDM course through either online or offline modes. Students applying through online mode can visit the official website of the institute and click on the "PGDM Admission" tab and proceed with the online application by filling out the form. Those looking to

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V

Virajita Sharma

Contributor-Level 10

Content authored by:

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Anya Singh

Updated on Dec 2, 2024