Institute Of Insurance and Risk Management (IIRM) is located in Hyderabad, Telangana. The educational institution was established in the year 2002. IIRM-A Joint Initiative of IRDAI and Govt of Telangana, approved by AICTE, has been in existence for over a decade and is mandated to deliver excellence in education that meets the changing need of the fast-growing Industry and Economy at large. The Institute has been in the field of education since 2002 imparting knowledge, and skills to students aspiring for careers in Financial Services focusing on Insurance and other allied sectors. The Institute Of Insurance and Risk Management (IIRM) offers various courses like PGDM and PGCM. The college has a well-developed infrastructure and facilities like a computer lab, Auditorium, Sports and more. The college has well trained and experienced faculty members. The Institute Of Insurance and Risk Management (IIRM) address and contact number is provided in the contact details.

The Institute has been in existence for over a decade and is mandated to deliver excellence in education that meets the changing need of the rapidly-growing Industry and Economy at large, with the sole aim of developing an employable workforce.

It is unique in character as the Institute is promoted by the Regulator IRDAI and Govt. of Telangana and the programs offered by the Institute are approved by AICTE.

Institute is dedicated to education in the financial services sector, which includes courses on Finance & Financial Services, Insurance, Risk Management, Actuarial Science, Marketing, Business Analytics, and allied areas.

Institute offers a 2-year full-time Post-Graduate Diploma in Management (PGDM) Program and also Post Graduate Certificate in Management Program with Widely experienced faculty, excellent infrastructure combined with innovative pedagogy, and rigorous learning processes. Institute is the right platform for transforming students into global leaders of tomorrow.

IIRM, Hyderabad – Key Highlights

• Institute of Insurance and Risk Management (IIRM) is in Financial District, Hyderabad in the state of Telangana spread over five acres of land surrounded by Financial Services Companies and FinTech Echo systems.
• IIRM is devoted to education in the Financial Services Sector including Programmes on Finance and Financial Services, Banking, Insurance, Risk Management, Actuarial Science, Marketing, Data Science and Analytics, and allied areas.
• IIRM, Hyderabad is jointly promoted by the Insurance Regulatory and Development Authority (IRDI) and the Government of Telangana.
• IIRM, Hyderabad offers PGDM (Postgraduate Diploma in Management) and Postgraduate Certificate in Management, the Programmes of which are approved by AICTE. IIRM constantly strives to provide outstanding learning through reasonable approaches and curricula that go with the current industry requirements.
• IIRM, Hyderabad has extensively experienced Faculty, with superb infrastructure and a time-tested learning process to train the students into World Leaders of tomorrow.
• IIRM, Hyderabad also offers Distance Education in various Programmes viz., PG Diploma in Life Insurance/General Insurance/Risk Management/Reinsurance.

IIRM, Hyderabad – Popular Programmes

IIRM, Hyderabad is popular among Management Institutes in India, and the Programmes offered by the Institute in PG Diploma/Certificates in Insurance, and Risk Management are unique and widely acclaimed.

IIRM, Hyderabad – Eligibility Criteria for admission

List of documents at the time of the Interview

• Marks Memorandum of SSC/10^th Class
• Certificate of SSC/10^th class
• Graduation/Postgraduation Marks Memorandum
• Graduation/Postgraduation Certificate
• 2 Passport size photographs
• Work Experience Letter, if applicable
• Scorecard of relevant Common Entrance Tests
• Demand Draft for offline application
• Proof of online application payment of a fee.
• For Certificate Programmes, there is no requirement of rank in Common Entrance Tests.

IIRM, Hyderabad – Distance Learning Courses – Key Highlights

• IIRM, Hyderabad offers International Post Graduate Diploma (IPGD) in (1) Life Insurance (2) General Insurance (3) Risk Management programs as Distance Learning Courses.
• Understanding the ever-growing demand from the working-class and self-employed youth to acquire Professional Qualifications in Insurance and Risk Management, IIRM, Hyderabad is offering these courses in Distance Learning Mode since 2007.
• For the convenience of aspiring candidates, IIRM has introduced two intakes per year, one in January and the second one in July every year.
• These courses are designed to provide a solid foundation in principles of Insurance and its practices by providing them exposure to a broader spectrum of applied areas of Risk Management Practices.

IIRM, Hyderabad – Distance Learning Courses - Accreditations

IPGD Insurance Courses offered by IIRM, Hyderabad through Distance Learning Mode have been accorded recognition by Insurance Regulatory and Development Authority (IRDAI). IRDAI has recognized these courses at par with the Fellowship of Insurance Institute of India (III), Mumbai as suitable qualifications for the Insurance Service Sector. International General Insurance Diploma awarded by IIRM, Hyderabad will entail the candidates to apply and secure the posts of Surveyor/Loss Assessor Licence from IRDAI.

IIRM, Hyderabad is an accredited Member of the Chartered Insurance Institute (CII), London. Candidates securing the IIRM-International PG Diploma are eligible for credit points from CII, London leading to Diploma in CII, provided they appear in one subject with CII, London at their Diploma level.

IIRM, Hyderabad – Distance Learning Courses – Courses offered

1. International Post Graduate Diploma in Life Insurance (IPGDLI)
2. International Post Graduate Diploma in General Insurance (IPGDGI)
3. International Post Graduate Diploma in Risk Management (IPGDRM)
4. International Post Graduate Diploma in Reinsurance (IPGDRI)

IIRM, Hyderabad – Distance Learning Courses – Fee Structure

• Full course fee of Rs.1,00,000/- payable in lump sum + GST as applicable at the time of admission.
• Can be paid in two equal instalments @ Rs.65,000/- + GST at the time of admission and Rs.65,000/- + GST before final examinations.
• A 50% discount on course fees shall be extended to Alumni
• A 20% discount on course fees shall be extended to candidates (minimum 5 candidates) sponsored by Companies/Institutes.

IIRM, Hyderabad – Distance Learning Courses – Eligibility Criteria

Must be a graduate in any discipline, including Engineering or Management from a recognized University/Institute. Candidates with Professional Qualifications like CA, ICWAI, and CS are also eligible.

IIRM, Hyderabad – Infrastructure Facilities

Spread over five acres of the area situated at the Financial District of Gachibowli, Hyderabad IIRM has a total 6 (of six) blocks, one each of Admin block, Academic block, Canteen, Boys Hostel, Girls Hostel, and Executive Guest Houses. Following are key infrastructure facilities available at IIRM, Hyderabad.

• Well-furnished classrooms with modern audio-visual equipment, speakers, collar microphones for Faculty, Laptops, Whiteboards, and Screen Projectors are available.
• The library is well equipped with abundant books/National and International Journals/Periodicals/Case study material etc.
• The Computer Laboratory is well-equipped with a LAN facility with a multi-user facility and MS Office productivity tools and TALLY etc.
• The Seminar Hall can accommodate 120 persons at a time and has high-end audio-visual equipment.
• Separate Hostels for Boys and Girls with common room, gym, laundry facility, Tea/Coffee dispensers
• Sports and Recreation facilities at the sports zone for indoor and outdoor games
• Regular medical consultancy for the students by the In-House Medical Doctor. For emergency requirements, tie up with Continental Hospital, and all the students are covered by the Group Medical claim policy of the National Insurance Company.

IIRM, Hyderabad – Frequently Asked Questions

Q. How does PGDM Programme differs from a regular MBA Programme?

A. PGDM offered by IIRM, Hyderabad is more of industry-oriented and adapts itself to the changing environment in the industry from time to time. Autonomous Institutions offer PGDM with the approval of AICTE, while MBA is offered by universities and their affiliated Institutions with the approval of UGC. IIRM chose to offer PGDM Programmes with the approval of AICTE.

Q. What are the specializations available with PGDM programs offered by IIPM?

A. IIRM, Hyderabad offers the following specializations under PGDM programs and candidates can opt for any two specializations in their area of interest from among them.

• Finance
• Financial Services
• Risk Management
• Insurance
• Business Analytics
• Actuarial Science
• Marketing
• Human Resource Management

Q. What is the intake of PGDM and PGCM by IIRM, Hyderabad?

A. PDGM program currently has an approved intake of 120 seats and the 1-year Program PGCM has an approved intake of 60 seats.

Q. What kind of Summer Internships do students get in IIRM, Hyderabad?

A. IIRM facilitates internships offered after the second semester. Companies select students for internships after the completion of the first semester. Summer internships can be paid or unpaid based on the recruiting company`s policies. Internships at IIRM are diverse and relate to the financial services sector, Banking, Insurance, ITES, Pharma, and other allied industries.

Q. Is IIRM a Government Institute?

A. Institute is jointly promoted by IRDAI and the State Government of Telangana.