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IIRM - institute of Insurance and risk managemnet

Institute of Insurance and Risk Management Hyderabad Latest Update

MAT 2022 registrations for December 2022 cycle has started. All the interested candidates must register themselves to apply in various MBA/PGDM courses.

IIRM is conducting a two-day offline training programme at the IIRM campus on "Deep insight into Construction and Erection all risks (CAR & EAR) and Insurance Solutions" on September, 23 and 24, 2022.

IIRM Hyderabad Overview

What's New at IIRM Hyderabad?

The MAT 2022 registration for the December session has started for admission to PGDM courses at IIRM Hyderabad. Interested candidates can apply for the MAT exam in various modes such as CBT, IBT, PBT and more through the official website.

 

There are only a few stream-specific colleges in India, and the Institute of Insurance and Risk Management, Hyderabad, is one of them. This premier Institute is known for imparting financial services-related knowledge to students. IIRM, Hyderabad has placed many students over the years since its inception in 2002. It is a joint venture of the State Government of Telangana and the Insurance Regulatory and Development Authority of India (IRDAI). 

The Institute only offers finance-related courses and has focused on training the students in the latest developments in the country's financial sector. The AICTE approves the institute. The courses offered at IIRM, Hyderabad, are accredited by The Chartered Insurance Institute London, recognising it as a valid entry in the Certificate of IRM. The Institute is equipped with the latest technology equipment, many of the academic resources present there are internationally approved, and the entire faculty are well trained in all the subjects. IIRM, Hyderabad is situated in the Financial District, Gachibowli Hyderabad 500032. 

The courses offered by the IIRM, Hyderabad are:

StreamNo. of Courses
IT and Software2
Banking and Finance 5
Business and Management Studies5

Institute of Insurance and Risk Management Hyderabad Fees Structure and Courses List

Candidates can find the fees and eligibility criteria for its courses in the table below.

CourseFees (1st year) Eligibility
PGDM INR 5,27,000 Graduation 

Institute of Insurance and Risk Management Hyderabad fees details for its popular courses are mentioned below.

  • IIRM Hyderabad fees for PGDM is INR 5,27,000 for the 1st year.

Institute of Insurance and Risk Management Popular Courses and Fees Details

Institute of Insurance and Risk Management popular courses along with semester and specialization details are mentioned below.

PGDM in Insurance 

Post Graduate Diploma in Insurance is a 2-year long course divided into 4 semesters. IIRM Hyderabad fees for PGDM in Insurance is INR 5,27,000 for the 1st year.

PGDM in Human Resource Management

Post Graduate Diploma in Human Resource and Management is a 2-year course divided into 4 Semesters. IIRM Hyderabad fees for PGDM in Human Resource Management is INR 5,27,000 for the 1st year.

PGDM in Finance

Post Graduate Diploma in Human Resource and Management is a 2-year course divided into 4 Semesters. Institute of Insurance and Risk Management fees for PGDM in Finance is INR 5,27,000 for the 1st year.

PGDM in Marketing

Post Graduate Diploma in Human Resource and Management is a 2-year course divided into 4 Semesters. Institute of Insurance and Risk Management fees for PGDM in Marketing is INR 5,27,000 for the 1st year.

Institute of Insurance and Risk Management Hostel Fees Structure

HostelTotal Fee Facilities
Boys Hostel INR 1,00,000 Accommodation and Food
Girls Hostel

Institute of Insurance and Risk Management Fees Payment Guidelines

Students can pay the IIRM Hyderabad course fees by using the method mentioned below.

  • Cash: Students can visit the institute’s fees counter to pay the IIRM Hyderabad course fees in cash.
  • Online: Students can pay the application fees online through Net banking, Debit Card, or Credit Card.
 

Institute of Insurance and Risk Management Admission

What's New at IIRM Hyderabad?

The MAT 2022 registration for the December session has started for admission to MBA/PGDM courses at IIRM Hyderabad. Interested candidates can apply for the MAT exam in various modes such as CBT, IBT, PBT and more through the official website.

IIRM Hyderabad MAT 2022 Important Dates:

Detailed Schedule - PBT

Dates

Last Date for PBT Online Registration

December 05, 2022

Availability of PBT Admit Card

December 06, 2022

PBT Test Date

December 11, 2022

Detailed Schedule - CBT 1

Dates

Last Date for CBT 1 Online Registration

November 15, 2022

Availability of PBT Admit Card

November 17, 2022 (02:00 pm)

CBT Test Date

November 20, 2022

Detailed Schedule - CBT 2

Dates

Last Date for CBT 2 Online Registration

December 13, 2022

Availability of CBT 2 Admit Card

December 15, 2022

CBT 2 Test Date

December 17, 2022

MAT 2022 Application Fees:

Paper Based Test (PBT)

Rs 1850

Computer Based Test (CBT)

PBT+IBT

Rs 2975

PBT+CBT

CBT+IBT

CBT+CBT

The Institute of Insurance and Risk Management, promoted by IRDAI, and the government of Telangana is offering programmes that are approved by the AICTE. The programmes cater to the various financial sectors like banking, financial services, insurance, actuarial science, risk management, data science & analytics, marketing, etc., and are customized to meet the dynamic and progressive industry and economy.

The sprawling campus, built across 5 acres of land, situated in the financial hub of Telangana district is surrounded by financial institutions and comprises of administrative block, an academic block, a canteen building, and staff quarters.

Apart from providing expertise on the concepts of general management, their programmes impart expertise and extensive knowledge of industrial practices through their nonpareil industry-oriented specializations.

The programmes, integration of progressive curriculum, and cutting-edge IT principles develop the technical and analytical skills of students by advocating creativity, innovative thinking, and learning aptitude.

  • A certificate course for 3 days, 9 hours each day, on digital skill enhancement in insurance is scheduled for 9-11 March 2022.
  • A certificate course on marine insurance for 2 days, 6 hours each day, was conducted from 18-19 February 2022.
  • A certificate course for 2 days, 6 hours each day, on ‘need of the hour – health insurance’ was conducted from 24-25 January 2022.
  • For 3 days, 9 hours each day, a certificate course on ‘Liability Insurance – Financial Lines’ was conducted from 19-25 January 2022.
  • A certificate course for 2 days, 3 hours each day, on ‘Fire, Business Interruption, and Industrial All Risk Insurance’ was conducted from 19-25 January 2022.

Institute of Insurance and Risk Management Admission 2022 Highlights

The details of the fee structure and entrance examinations are mentioned below:

CourseAnnual feesExams accepted
Postgraduate Diploma in ManagementRs 5.27 lakhs Candidates need to clear CAT/MAT/XAT/GMAT/ATMA/CMAT/State CETs /IIRMCET with the stipulated scores.
Postgraduate certificate in management (Risk Management)Rs 5.27 lakhs Admissions are based on academic records and interviews. Clearance of any entrance exams is not a mandate.
Postgraduate certificate in management (Insurance)Rs 5.27 lakhs Admissions are based on academic records and interviews. Clearance of any entrance exams is not a mandate.
Postgraduate certificate in management (Actuarial Science)Rs 5.27 lakhs Admissions are based on academic records and interviews. Clearance of any entrance exams is not a mandate.
Master of Computer ApplicationRs 5.27 lakhs Admissions are based on academic records and interviews. Clearance of any entrance exams is not a mandate.

Institute of Insurance and Risk Management 2022 Admission Dates

The detailed dates of the admission process are rolled out by IIRM on its website each academic year when the admission process commences.

Release of formsPublished on their site
Registration to coursesJune
Late registrationJune
OrientationJuly
Commencement of classAugust

Institute of Insurance and Risk Management Application Process

Online Process:

Candidates need to visit the official website of IIRM Hyderabad, click the ‘Apply Online’ tab, select their course from the list given on the right side of the home page, enter the requested basic details in the application form, pay the application fee of Rs 500/- through Net Banking, Credit Card, Debit Card or PayUMoney Gateway, submit the application form, appear for the interview, submit your documents, pay the admission fees on successful shortlisting, and enrol for the course.

Offline Process:

Candidates need to visit the official website of IIRM Hyderabad, click on the ‘Admissions’ tab, select apply, download the application form of the desired course from the offline registration tab, take a printout of it, fill out the form, affix the photograph, send the completed form along with the relevant documents and a demand draft of Rs 500/- to the institute, appear for the interview, pay the fees on successful shortlisting, and enrol for the course.

Institute of Insurance and Risk Management Exams Accepted

The details of the exams accepted for each course are as follows:

CourseExams Accepted
Postgraduate Diploma in ManagementCandidates need to clear CAT/MAT/XAT/GMAT/ATMA/CMAT/State CETs/IIRMCET with the stipulated scores.
Postgraduate certificate in management (Risk Management)Admissions are based on academic records and interviews. Clearance of any entrance exams is not a mandate.
Postgraduate certificate in management (Insurance)Admissions are based on academic records and interviews. Clearance of any entrance exams is not a mandate.
Postgraduate certificate in management (Actuarial Science)Admissions are based on academic records and interviews. Clearance of any entrance exams is not a mandate.
Master of Computer ApplicationAdmissions are based on academic records and interviews. Clearance of any entrance exams is not a mandate.

Institute of Insurance and Risk Management Placement Statistics

The Placement Office is the point of contact between the Institute and the Industry. The Placement Cell at the Institute of Insurance and Risk Management works to develop the overall personality of the students who wish to appear for placement interviews and gain good placement opportunities. Working in tandem with faculty members and industry experts, the placement team prepares the students through a specially formulated curriculum, trainings, workshops and seminars. The Pre-placement training also makes the students prepared and industry-ready. 

A lot of emphasis is given on developing the skills and increasing the employability quotient of the students. When employment opportunities and job market is getting more competitive, the Placement office at the Institute of Insurance and Risk Management works to give a holistic growth to the students and their capabilities, making them excellent human resources in their own fields.

Through these initiatives, the placement cell at Institute of Insurance and Risk Management has successfully placed students in reputed companies and institutions over the years. Trusted companies like Helios, ICICI Bank, Infosys, Allianz, and Kotak have recruited in the past, and the Institution has maintained a successful placement rate. 

All data pertaining to the Placement of students is handled by the Placement Cell. They facilitate interviews and keep student profiles and company profiles of interviews. Here is the data from the last placement interview at the Institute of Insurance and Risk Management:

Maximum Package15 Lakhs PA
Average Package9 Lakhs PA

Institute of Insurance and Risk Management Placement Process & Placement Cell

The placement office overlooks the following aspects of the placement process. 

  • To facilitate placement options for all students based on their credentials and eligibility
  • To study and understand the needs of the potential recruiters and preparing students accordingly
  • To create capable and confident young minds ready to take on the professional world.

The process also includes creating awareness about self-improvement and development, identifying career goals and working to meet those goals through training and development by the placement cell. There are several trainings, lecture series, and industry visits that the placement cell undertakes as a part of the pre placement training of the students. 

The culmination of all of these developmental activities throughout the duration of the course is seen at the time of the final placement interview. 

Top Recruiters in Institute of Insurance and Risk Management Placement 2022

Deloitte, Marsh, IBM, Wells Fargo, Accenture, Star Union Dai-ichi, S&P global, pnb Metlife, Kotak life Insurance, HDFC ergo, Bajaj Allianz, SBI General Insurance, Tata, Anandrathi, Edelweiss Tokyo, Digit, Canara Bank, Exide, Modak Analytics, Invesco, Prudent, Infosys, CSC, and Reliance Group.

Institute of Insurance and Risk Management Summer Internship Placements

The placement office at the Institute of Insurance and Risk Management has various activities like summer internships and trainings for students to get additional help from. They have collaborations with companies who provide internship opportunities to the students. Summer internships are given a lot of importance since they are considered a cornerstone of a student’s future. Usually, it is three months duration that is completed before the final placement interviews. This three-month period is a period of growth and learning where the students understand the organization, work culture, work ethics and gather insight on implementation of their theoretical knowledge gained in the classrooms. 

Institute of Insurance and Risk Management Summer Internship Placements Report

The students have been given summer internship opportunities at Tata AIG, Allianz, AON Global, Apollo Munich, Asymetrix, Axis Bank, Broadridge, Chola MS, CSC, Edelweiss Tokyo and Future general Total Insurance Solutions. 

 

IIRM Hyderabad Campus

Institute Of Insurance And Risk Management (IIRM) Hyderabad has well-furnished classrooms, conference halls, and auditoriums. All of them are fully air-conditioned. The institute also has modern AV based learning equipment, which caters to the modern pedagogy related needs of the students for the holistic development of the students.

Library

The library is an outstanding Learning Resource Center IIRM for students and also the faculties. Students are given a library membership card so that they can access Books, Periodicals, Journals, Case study Materials and also find out the availability of library resources. It offers a vast range of information to support learning as per the highest professional standards. The place subscribes to national and international journals regularly.

Hostel

There are separate hostels available for boys and girls at IIRM Hyderabad. The IIRM Hyderabad hostel rooms can be availed in a single and sharing occupancy basis. The hostels have good facilities for daily life, air condition, washing, etc. There are 24/7 electricity and wifi access in the hostels for the academic and personal use of the students. There are community halls where students can spend their quality time by gossiping, playing board games and recreational purposes. The hostel has high security and maintains hygiene.

 
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Placements

Highest Package

₹ 15,50,000

Lowest Package

₹ 5,50,000

IIRM - institute of Insurance and risk management Facilities

Math Lab

academic Zone

boys Hostel

canteen

computer lab

girls hostel

gym

theatre

library

medical facilities

class room

music

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