Institute of Insurance and Risk Management (IIRM), Hyderabad Courses and Fees
Courses
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
Total Fees: INR 9.50 Lakhs (for the entire programme)
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
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.
