About College
Institute of Insurance and Risk Management (IIRM), Hyderabad is a nationally recognised institution set up to strengthen professional capacity in the insurance, risk management, actuarial science, and financial services sectors in India. Established by the Government of India in collaboration with key financial sector regulators and public sector insurance organisations, IIRM serves as a bridge between policy, regulation, and industry practice.
The institute is best known for its Post Graduate Diploma in Management (PGDM) in Insurance, Risk Management and Actuarial Science, along with a range of executive education, customised training, and certification programmes for working professionals. Its curriculum is designed in close consultation with regulators, insurers, reinsurers, and risk-focused organisations, ensuring strong alignment with real-world industry requirements.
IIRM’s academic approach emphasises applied learning through case studies, simulations, industry projects, internships, and interactions with senior practitioners from insurance companies, regulatory bodies, and consulting firms. The institute also functions as a centre for research, policy advisory, and capacity building, contributing to reforms and best practices in insurance and risk governance.
Located in Hyderabad, a growing financial and knowledge hub, IIRM offers students a focused, professionally driven learning environment. With its strong regulatory connect, niche specialisation, and emphasis on ethical and risk-aware decision-making, IIRM has emerged as a preferred destination for students seeking careers in insurance, risk management, analytics, and allied financial services
Key Highlights - Institute of Insurance and Risk Management
| Particulars | Details |
|---|---|
| Established Year | 2002 |
| Campus Size | 5 acres |
| Programmes Offered | PGDM with 8 specialisations |
| Total Course Fee | INR 9.50 Lakhs (entire duration) |
| Selection Criteria | Entrance exam score + Profil |
Institute of Insurance and Risk Management (IIRM), Hyderabad is a nationally recognised institution set up to strengthen professional capacity in the insurance, risk management, actuarial science, and financial services sectors in India. Established by the Government of India in collaboration with key financial sector regulators and public sector insurance organisations, IIRM serves as a bridge between policy, regulation, and industry practice.
The institute is best known for its Post Graduate Diploma in Management (PGDM) in Insurance, Risk Management and Actuarial Science, along with a range of executive education, customised training, and certification programmes for working professionals. Its curriculum is designed in close consultation with regulators, insurers, reinsurers, and risk-focused organisations, ensuring strong alignment with real-world industry requirements.
IIRM’s academic approach emphasises applied learning through case studies, simulations, industry projects, internships, and interactions with senior practitioners from insurance companies, regulatory bodies, and consulting firms. The institute also functions as a centre for research, policy advisory, and capacity building, contributing to reforms and best practices in insurance and risk governance.
Located in Hyderabad, a growing financial and knowledge hub, IIRM offers students a focused, professionally driven learning environment. With its strong regulatory connect, niche specialisation, and emphasis on ethical and risk-aware decision-making, IIRM has emerged as a preferred destination for students seeking careers in insurance, risk management, analytics, and allied financial services
Key Highlights - Institute of Insurance and Risk Management
| Particulars | Details |
|---|---|
| Established Year | 2002 |
| Campus Size | 5 acres |
| Programmes Offered | PGDM with 8 specialisations |
| Total Course Fee | INR 9.50 Lakhs (entire duration) |
| Selection Criteria | Entrance exam score + Profile evaluation + Personal Interview |
| Scholarships | Need-based financial assistance available |
| Highest Package (2024) | INR 15.40 LPA |
| Average Package (2024) | INR 8.39 LPA |
| Top Recruiters | ICICI Bank, LTI, Optum, PwC, Reliance, Tata Group, Deloitte, IBM |
| Official Website | theiirm.ac.in |
IIRM Hyderabad Important Dates 2026
The Institute of Insurance and Risk Management (IIRM), Hyderabad admits students to its programmes based on scores obtained in CAT, XAT, ATMA, MAT, CMAT, GMAT, and TS ICET, followed by a Personal Interview. The key admission-related dates for IIRM Hyderabad are outlined below:
| Event | Date |
|---|---|
| ATMA Result (August Session) | September 04, 2025 |
| CAT Registration Period | August 01, 2025 – September 13, 2025 |
| CAT Admit Card Release | November 05, 2025 |
| CAT Examination | November 30, 2025 |
| XAT Registration Window | July 10, 2025 – December 05, 2025 |
| XAT Admit Card Availability | December 20, 2025 |
| XAT Examination | January 04, 2026 |
| XAT Result Declaration | January 15, 2026 |
| TS ICET Phase 2 Registration & Slot Booking | September 08, 2025 – September 09, 2025 |
| TS ICET Phase 2 Certificate Verification | September 09, 2025 |
Institute of Insurance and Risk Management Hyderabad Rankings 2025
The MBA programme at IIRM Hyderabad has been featured in the rankings released by several reputed national ranking agencies. The latest ranking positions of IIRM Hyderabad are presented in the table below:
| Ranking Agency | Category | Ranking 2025 | Ranking 2024 |
|---|---|---|---|
| IIRF | MBA | 120 | – |
| Outlook | MBA | 17 | 19 |
| India Today | MBA | – | 109 |
| The Week | MBA | – | 103 |
IIRM Hyderabad Courses & Fees 2026
The Institute of Insurance and Risk Management (IIRM), Hyderabad offers professionally oriented postgraduate programmes tailored to meet industry demand in insurance, risk management, finance, analytics and actuarial science. These courses combine rigorous academic learning with practical exposure to prepare students for rewarding careers in BFSI and related sectors.
1. PGDM – Post Graduate Diploma in Management
Duration: 2 years
Specialisations Offered:
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Insurance
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Risk Management
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Finance
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Financial Services & Banking
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Data Science & Analytics
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Human Resource Management
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International Marketing
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Actuarial Science
Eligibility:
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Bachelor’s degree in any discipline with minimum 50% aggregate marks from a recognised university
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Valid score in CAT / CMAT / XAT / MAT / ATMA / GMAT / TS ICET / IIRM CET
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Final-year students awaiting results may also apply
Selection Process:
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Shortlisting based on entrance exam score & academic record
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Personal Interview (PI)
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Final selection considers academic performance + exam score + interview performance
PGDM Course Fee Structure
| Fee Component | Payment Timeline | Amount (INR) |
|---|---|---|
| Registration Fee | After receiving Offer Letter | 75,000 |
| 1st Installment (Course Fee) | On or before 15 June 2026 | 3,00,000 |
| 2nd Installment (Course Fee) | On or before 15 October 2026 | 1,75,000 |
| 3rd Installment (Course Fee) | On or before 15 June 2027 | 4,00,000 |
| Total Course Fee | — | 9,50,000 |
Total Fees: INR 9.50 Lakhs (for the entire programme)
Notes:
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A refundable caution deposit of INR 10,000 is payable along with the 1st installment.
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The fee includes student welcome kit, blazer, and additional certifications.
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Alumni membership and convocation fees (INR 5,000) are payable with the 3rd installment.
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All payments are to be made via online transfer.
Hostel Fees (Triple Sharing) – 2026–28
| Year | Fee Details | Amount (INR) |
|---|---|---|
| 1st Year | Hostel, food & other facilities (with 1st installment) | 1,25,000 |
| 2nd Year | Hostel, food & other facilities (with 3rd installment) | 1,25,000 |
| Total Hostel Fee | — | 2,50,000 |
Hostel Notes:
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Twin sharing accommodation costs an additional INR 50,000 per year.
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A refundable hostel caution deposit of INR 10,000 is payable with the 1st installment.
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Academic year typically runs July to April.
2. PG Diploma in Actuarial Science (PGDAS)
Duration: 2 years (includes a 6-month internship)
Total Fees: INR 9.50 Lakhs
Eligibility:
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Bachelor’s degree with minimum 50% marks in Mathematics / Statistics / Econometrics / Commerce / Engineering or related discipline
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Valid score in CAT / CMAT / XAT / MAT / ATMA / GMAT / TS ICET / IIRM CET
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Candidates with IAI-ACET / IFoA / SOA / CAS qualifications are eligible for direct admission
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Candidates must qualify the Actuarial Proficiency Test conducted by IIRM
Selection Process:
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Entrance exam score
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Actuarial Proficiency Test
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Personal Interview
Fee Structure Summary (2026)
| Programme | Duration | Total Fees | Key Eligibility |
|---|---|---|---|
| PGDM (MBA-equivalent) | 2 years | ₹9.50 Lakhs | Bachelor’s degree + valid entrance score |
| PG Diploma in Actuarial Science (PGDAS) | 2 years | ₹9.50 Lakhs | Bachelor’s degree + entrance score + actuarial test |
Key Points to Note
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Both programmes emphasise industry relevance, practical learning, case studies, projects and internships.
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Entrance exam scores from multiple accepted tests provide flexibility for applicants.
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The Actuarial Science programme integrates technical and professional actuarial preparation with hands-on internship experience.
IIRM Hyderabad Admission 2026
The Institute of Insurance and Risk Management (IIRM), Hyderabad invites applications for Course Admission 2026 to its specialised postgraduate programmes in management and actuarial science. Admissions are offered to the PGDM (MBA-equivalent) and PG Diploma in Actuarial Science (PGDAS) programmes based on valid scores in national and state-level entrance examinations, followed by a Personal Interview. With a strong focus on insurance, risk management, analytics, finance, and actuarial studies, IIRM Hyderabad’s admission process is designed to select candidates with strong academic foundations, analytical aptitude, and the potential to build successful careers in the BFSI and risk management domains.
For the PGDAS programme, candidates must not only submit valid entrance exam scores but also appear for the Actuarial Proficiency Test conducted by IIRM.
The PGDM admission process at IIRM Hyderabad follows the stages outlined below:
| Admission Stage | Details |
|---|---|
| Eligibility | Candidates must possess a Bachelor’s degree in any discipline |
| Entrance Examination | Valid score in CAT, MAT, XAT, GMAT, ATMA, CMAT, TS ICET, or IIRM-CET |
| Registration | Online application through the official IIRM Hyderabad website with academic details, test scores, and required documents |
| Shortlisting | Based on academic background and entrance exam performance |
| Personal Interview | Evaluation of candidate suitability through a Personal Interview |
| Final Admission Offer | Selection based on overall academic profile, entrance test scores, and interview performance |
IIRM Hyderabad Placements
The institute has not yet published its placement report for 2025. Based on the 2024 placement outcomes, IIRM Hyderabad recorded strong placement performance, with competitive salary packages across sectors. Key placement statistics are outlined below:
| Particulars | Details |
|---|---|
| Batch | 2022–24 |
| Total Students in Placement Batch | 107 |
| Students Placed | 104 |
| Placement Percentage | 98% |
| Highest CTC | INR 15.40 LPA |
| Average CTC | INR 8.39 LPA |
| Lowest CTC | INR 6.00 LPA |
IIRM Hyderabad – Campus & Infrastructure
The Institute of Insurance and Risk Management (IIRM), Hyderabad is located on a well-designed campus spread over a compact and functional area that supports academic, residential, and recreational needs. The campus blends modern facilities with a student-centric environment to foster professional learning and holistic development.
Academic Infrastructure
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Lecture Halls & Classrooms: Spacious, well-ventilated classrooms equipped with modern teaching aids such as projectors, smart boards, and audio-visual support to facilitate interactive learning.
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Computer Labs: High-end computer labs with updated software and reliable internet connectivity to support analytics, actuarial tools, risk modelling and simulation exercises.
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Library: A well-stocked library with a wide collection of books, journals, e-resources, and industry publications related to insurance, finance, risk management, analytics and management studies.
Student Resources
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Learning Spaces: Dedicated spaces for group discussions, case study sessions, presentations, and collaborative projects that reflect contemporary management education practices.
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Seminar Halls & Conference Rooms: Fully equipped venues for workshops, guest lectures, seminars, and industry interactions.
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Wi-Fi Connectivity: Campus-wide internet access enabling digital learning and online research.
Residential & Recreational Facilities
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Hostels: Comfortable on-campus hostel accommodation for students with essential amenities, creating a secure and supportive living environment.
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Cafeteria: A hygienic and vibrant cafeteria serving nutritious meals and snacks, acting as a social hub for students.
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Recreational Areas: Spaces for indoor and outdoor activities, promoting fitness, relaxation and peer interaction.
Industry Interface & Support
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Interview & Career Services: Dedicated placement cells and interview preparation spaces to support internships, industry projects, and final placements.
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Collaborative Zones: Areas designed for networking, mentoring, and interactions with visiting faculty and industry experts.
Scholarships & Financial Assistance
IIRM Hyderabad offers scholarships and financial support to help deserving students manage the cost of their education. The institute focuses on supporting both meritorious candidates and those with financial constraints, ensuring access to quality management education.
Merit-Based Scholarships
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Granted to students with strong academic performance and good scores in entrance examinations such as CAT, XAT, CMAT, MAT, or ATMA.
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The amount of scholarship depends on overall merit and institutional criteria.
Need-Based Financial Assistance
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Available for students from economically weaker backgrounds.
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Financial support is provided after evaluation of family income and relevant documents.
Category & Government Scholarships
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Eligible students may also avail government or category-based scholarships (such as SC/ST/OBC/EWS/minority schemes), as per applicable rules and guidelines.
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The institute facilitates students in applying for these schemes.
Education Loan Support
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IIRM Hyderabad assists students in securing education loans through banks and financial institutions.
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Support includes guidance on documentation and loan application procedures.
Scholarship amounts and eligibility criteria are subject to institute norms and may vary from year to year. Students are advised to apply early and check detailed requirements during the admission process.
IIRM Hyderabad FAQs
Q1. What is IIRM Hyderabad known for?
The Institute of Insurance and Risk Management (IIRM), Hyderabad is known for its specialised management education in insurance, risk management, actuarial science, finance, and analytics, with strong industry and regulatory alignment.
Q2. Which programmes are offered at IIRM Hyderabad?
IIRM Hyderabad offers a 2-year PGDM with multiple specialisations and a 2-year PG Diploma in Actuarial Science (PGDAS).
Q3. What entrance exams are accepted for IIRM Hyderabad admission?
IIRM Hyderabad accepts scores from CAT, XAT, CMAT, MAT, ATMA, GMAT, TS ICET, and IIRM CET, followed by a Personal Interview.
Q4. What is the eligibility criteria for PGDM at IIRM Hyderabad?
Candidates must hold a Bachelor’s degree in any discipline with at least 50% aggregate marks from a recognised university.
Q5. What is the total fee for PGDM at IIRM Hyderabad?
The total fee for the PGDM programme is approximately INR 9.50 Lakhs for the entire course duration.
Q6. Does IIRM Hyderabad offer scholarships?
Yes, IIRM Hyderabad provides merit-based and need-based scholarships. Eligible students can also apply for applicable government scholarship schemes.
Q7. What is the average placement package at IIRM Hyderabad?
As per recent placement data, the average package stands around INR 8 LPA, with the highest package reaching over INR 15 LPA.
Q8. Which companies recruit from IIRM Hyderabad?
Leading recruiters include firms from banking, insurance, consulting, analytics, and IT services, such as ICICI Bank, PwC, Deloitte, Tata Group, Reliance, IBM, and Optum.
Q9. Does IIRM Hyderabad provide hostel facilities?
Yes, IIRM Hyderabad offers on-campus hostel accommodation with essential amenities for students.
Q10. Is IIRM Hyderabad a good choice for insurance and risk management careers?
Yes. With its niche curriculum, industry exposure, and regulatory connect, IIRM Hyderabad is considered a strong option for careers in insurance, actuarial science, risk management, BFSI, and analytics.
