When was the Institute of Insurance and Risk Management established?

The college was established in 2002.

What is the average salary package offered to graduates of the Institute of Insurance and Risk Management?

The salary package is around 3-6 LPA.

How is the infrastructure at the Institute of Insurance and Risk Management?

It has a modern infrastructure, including modern classrooms, computer labs, sports facilities, and a stocked library.

How are the faculty members at the Institute of Insurance and Risk Management?

Faculty members are very polite and friendly and have a lot of teaching experience.

How is the Application Process for the Institute of Insurance and Risk Management?

The college admission process is designed to be very simple and less time-consuming.

Are there any hostel facilities available at the Institute of Insurance and Risk Management?

Yes, it provides hostel facilities. Separate hostels for boys and girls with proper safety.

Institute Of Insurance And Risk Management : Courses, Admission 2025, Fees, Scholarship, Placements, Ranking

The Institute of Insurance and Risk Management (IIRM) was founded in 2002 in Hyderabad by the Insurance Regulatory and Development Authority of India (IRDAI) and the government of Telangana as a premium institution. The PGDM programs of the institute are AICTE-approved, and the students can choose their specializations in the fields of Finance, Insurance, Risk Management, Actuarial Science, and Data Science. By making a special emphasis on the industry-aligned curriculum of the institute, IIRM managed to be ranked high among the government B-schools located in South India. IIRM's PGDM program is priced at about ?9.5 lakhs, whereas the hostel fee is approximately ?2.3 lakhs. The institute conducts interviews with the candidates who have qualified for the entrance exams like CAT, XAT, MAT, and IIRM-CET. One of the most sought-after programs is the international diplomas in insurance and risk management. The campus has a strong placement record, with some of the leading companies such as Deloitte, Marsh, and IBM hiring students at salaries as high as ?15.4 LPA. IIRM awards students with scholarships, of which the most famous are the SBI Life Merit Prize and CII London Scholarship, in order to recognize the students who perform the best in their studies. IIRM is an educational center with a unique orientation and deep-rooted connection to the business world, which, accordingly, represents a dedicated direction for students who are interested in pursuing a career in any of the insurance, finance, and risk management fields.

Institute of Insurance and Risk Management Highlights
Institute of Insurance and Risk Management Courses and Fees
Institute of Insurance and Risk Management Popular Programs
Institute of Insurance and Risk Management Application Process
Institute of Insurance and Risk Management Admission
Institute of Insurance and Risk Management Cutoffs
Institute of Insurance and Risk Management Placements
Institute of Insurance and Risk Management Scholarships

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Institute of Insurance and Risk Management Highlights

IIRM, as a public institute, was set up in 2002 and is a trust under the Insurance Regulatory and Development Authority of India (IRDAI) and the Government of Telangana. AICTE's approval of its programs, to name a few, even the main one, Post Graduate Diploma in Management (PGDM), with an array of specializations such as Finance, Risk Management, Insurance, Actuarial Science, and Data Science. The college stands at the 5th position among the Government B-Schools in South India, as declared by India Today, and 5th in the best B-Schools in Hyderabad by Fortune India.

Here are the highlights of the Institute of Insurance and Risk Management:

Feature	Details
Established Year	2002
Promoted By	IRDAI & Government of Telangana
Approvals	AICTE
Top Rankings	5th among Govt. B-Schools (South India, India Today 2023)
Campus Location	Gachibowli, Hyderabad

Institute of Insurance and Risk Management Courses and Fees

The courses offered by IIRM, a special mention should go to the 2-year PGDM program with double specializations. The tuition fee for the PGDM program is close to ₹9.5 lakhs, and an extra ₹2.3 lakhs is expected to be spent on hostel accommodation. Moreover, the institute has an adequate number of diploma and certificate courses in Insurance and Risk Management, the fee for the lowest ranging between ₹1 lakh and ₹2 lakhs.

Here are the courses and fee details of the Institute of Insurance and Risk Management:

Program	Duration	Fees (INR)	Additional Costs
PGDM	2 years	₹9.5 Lakhs	Hostel: ₹2.3 Lakhs approx.
Diploma/Certificate Courses	1 year	₹1–2 Lakhs	Depending on program

Institute of Insurance and Risk Management Popular Programs

One of the most sought-after programs at IIRM is the PGDM with activists in the areas of Finance, Risk Management, Insurance, Actuarial Science, and Data Science. The institute also comes up with International Postgraduate Diploma courses with specialization in General Insurance, Life Insurance, and Risk Management, which are accredited by the international community.

Here are the popular programs of the Institute of Insurance and Risk Management:

Program Name	Specialization Areas	Recognition
PGDM	Finance, Insurance, Risk, Actuarial Science, Data Science	AICTE-approved
International PG Diploma (IPGD)	General Insurance, Life Insurance, Risk Management	Globally Recognized
Certification Courses	Specialized Insurance & Risk Domains	Industry Accepted

Institute of Insurance and Risk Management Application Process

The selection of the candidates at the IIRM Hyderabad Gachibowli campus is entirely based on the scores in the various national-level entrance exams such as CAT, XAT, MAT, CMAT, ATMA, and GMAT. Similarly, students can also try to get admission by appearing for the IIRM Common Entrance Test (CET). The application process is available on the college's official website, and it costs a candidate Rs.500 by way of the application fee. Besides, a candidate can also opt for the offline application mode if not have internet facilities.

Here is the application process of the Institute of Insurance and Risk Management:

Stage	Details
Eligibility	Graduate in any discipline
Accepted Exams	CAT, XAT, MAT, CMAT, ATMA, GMAT, IIRM-CET
Application Mode	Online and Offline
Application Fee	₹500
Selection Criteria	Entrance Exam + Interview + Academic Record

Institute of Insurance and Risk Management Admission

Admission to the Institute of Insurance and Risk Management (IIRM), Hyderabad, is based on performance in the qualifying national-level entrance exams and academic merit. The candidates of the PGDM course should be holders of any bachelor's degree with not least 50% marks in any stream. IIRM considers an applicant's score from any of the entrance tests, such as CAT, XAT, MAT, CMAT, ATMA, GMAT, or even IIRM-CET if they are available. Next, shortlisted candidates can be assessed through individual interviews and group discussions. In this stage, a combined score made up of the contributions from all the aspects, like educational history, test scores, and interview performance, will be used for decision making.

Here are the admission details of the Institute of Insurance and Risk Management:

Component	Details
Eligibility	Graduation (min. 50% preferred)
Selection Basis	Entrance Exam + Personal Interview
Interview Rounds	Conducted post shortlisting
Admission Timeline	Varies; typically begins in January/February

Institute of Insurance and Risk Management Cutoffs

IIRM does not make public the cutoff scores. Nevertheless, it considers candidates' positions in entrance exams relatively against those of others during the evaluation process. Usually, the suggested percentages of CAT (60-70%), MAT (70-80%), and/or CMAT (70-75%) would indicate good standing in the selection process. Furthermore, students who have not attended other tests can have a chance to apply if they have cleared their CET. These cutoff marks may alter every year depending on the number of candidates appearing, the level of difficulty of the exam, and the number of students to be admitted. One's track record of high grades and good communication skills is also an important factor when it comes to the process of selection process.

Here are the cutoff details of the Institute of Insurance and Risk Management:

Exam	Cutoff Range (Estimated)
CAT	60–70 percentile
XAT	60–70 percentile
MAT	70–80 percentile
CMAT	70–75 percentile
ATMA	70–75 percentile

Institute of Insurance and Risk Management Placements

One of the valued educational institutions in the city of Hyderabad, called the Institute of Insurance and Risk Management (IIRM), is renowned for its campus recruitment, where its strongest forte lies in specific segments as insurance, risk management, finance, and analytics. To facilitate the campus recruitment section, IIRM connects students to the most experienced professionals by organizing campus drives, workshops, and industry training. Notable recruiting companies in recent times have been Deloitte, Marsh, Wells Fargo, IBM, and Accenture. The highest package so far, which was offered to students, reached the sum of ₹15.4 LPA, while the range of the average package is usually ₹6 to ₹8.4 LPA. IIRM requires students to take part in the Summer Internship Program (SIP) before they complete their studies. This allows them to experience what is going on in the real world and then get placed accordingly.

Here are the placements of the Institute of Insurance and Risk Management:

Metric	Details
Highest Package (2024)	₹15.4 LPA
Average Package (2024)	₹8.39 LPA
Top Recruiters	Deloitte, IBM, Marsh, Wells Fargo
Internship Program	Mandatory SIP for PGDM students

Institute of Insurance and Risk Management Scholarships

IIRM is generous with scholarships and awards to reward students. Now and then, SBI Life Insurance Company Ltd provides the highest scorer of PGDI/PGDRM with an annual Merit Prize of INR 1,00,000 plus the gold medal. They can also be swayed by the CII, London, who offer a scholarship of £1,000 to the top Associate in that particular batch within this year of study completion.

Here are the scholarships of the Institute of Insurance and Risk Management:

Scholarship Name	Eligibility	Award Details
SBI Life Merit Prize	Topper in PGDI/PGDRM	₹1,00,000 + Gold Medal
CII London Scholarship	Top Associate (within 1 year of course)	£1,000
General Merit Scholarships	Based on academic performance	Varies