Institute of Insurance and Risk Management

The Institute of Insurance & Risk Management Hyderabad is a premier institution that imparts financial services knowledge. It has been in education since 2002 as a public institute. This Institute is a joint initiative of IRDAI and the Telangana government, accredited by AICTE. The IIRM Hyderabad is a top-notch B-school ranked in the prestigious Business World B School ranking as the 21st best.

With a campus size of 5 acres, IIRM  Hyderabad boasts state-of-the-art infrastructure and modern audio and video systems, a library, a computer lab and more. IIRM aims to provide education that meets the changing needs of the Industry and economy. The course content is designed to prepare candidates for the Insurance and Actuarial Science industries. PGDM courses are admitted through an entrance test and personal interview. The Institute accepts CAT, MAT, XAT and GMAT scores and previous academic records. The Institute is also home to a career advancement cell that mentors its students through diverse training methods.

Institute of Insurance and Risk Management Rankings 

IIRM Hyderabad is a well-established management institute that offers academic excellence in management studies. Below are some of the IIRM Hyderabad rankings in India:

• IndiaToday has ranked IIRM, Hyderabad, with 131 ranks for MBA in 2022 and 31 in 2021.
• The Outlook magazine gas ranked IIRM Hyderabad for its MBA performance with 24 ranks in 2023 and ranked 25 in 2022.
• In 2022, the Week Magazine ranked the Institute with the 98th position for its MBA excellence.  

Institute of Insurance and Risk Management Courses offered

IIRM Hyderabad courses are PGDM at PG level for two years. There are around 10 specializations, such as Insurance, Finance, HRM, Marketing, Risk Management and more. IIRM Hyderabad MBA fees (PGDM) are INR 5.27 lakhs per annum. The minimum eligibility criteria are to complete the UG program in any stream with a minimum of 50%.   

Institute of Insurance and Risk Management Admission Process

The only program offered at IIRM is PGDM. IIRM Hyderabad admission process is based on merit and entrance based. For PGDM admissions, the interested students must have completed their graduation for three years in any stream without backlogs. In addition, they must have secured min of 50% from a recognized University. As selection criteria, the applicants must have secured valid scores in entrance exams like CAT/XAT/MAT/CMAT/GMAT/ATMA, followed by GD and PI rounds. IIRM Hyderabad CAT cut-off is 50 for the PGDM program.

How to apply?

• Students seeking admission to IIRM Hyderabad can apply through online and offline methods.
• Firstly, they must visit the IIRM Hyderabad official website for the form or can visit the college and collect it directly.
• The applicants must fill in the form and select their chosen course specialization.
• Once the form is filled, pay the application fees of INR 500/- through DD or online payment and submit the form.  
• Candidates can also keep a copy of the submitted form that can be used for further needs.

Institute of Insurance and Risk Management Placements 

IIRM is one of the top Institutes in Hyderabad, delivering excellent placements since its inception. The placement office at IIRM Hyderabad is committed to providing students with industry-ready skills and helping them secure top-tier positions in the field. It also conducts industry-specific training and workshops for students to develop their skills. Students are provided with 100% placement assistance, and the placement office acts as an interface between the Institute and the Industry. It regularly interacts with various industries, businesses, and multinationals to provide students with appropriate and timely career opportunities.

The top recruiters of IIRM are HDFC Bank, Deloitte, Kotak, Mahindra, Unison, Reliance, ICICI Securities, Serole, AIG, Marsh, Accenture etc. The IIRM Hyderabad placement package is very good. As per the placement records, the highest package of IIRM Hyderabad is INR 15.5 LPA, and the average package is INR 5.5 LPA.

Institute of Insurance and Risk Management Infrastructure facilities

The Institute of Insurance & Risk Management Hyderabad covers five acres of land. Infrastructure facilities at IIRM include well-furnished classrooms, conference halls, and auditoriums with modern AV-based learning equipment. Its library also features a vast collection of books, National and International Journals, case study materials, and more. The campus also includes a computer centre with a Local Area Network (LAN), multi-user environments, and Microsoft Office productivity tools. In addition, a large seminar hall can accommodate 120 people at a time and is equipped with audio-visual equipment, a canteen and more.

IIRM Hyderabad also offers hostel facilities in its campus area. The students are provided with all the amenities that will make their stay very comfortable during the course. The hostels can accommodate up to 100+ students in their buildings. The IIRM Hyderabad hostel fee is INR 1lakh per annum. 

Institute of Insurance and Risk Management Scholarships

The IIRM Hyderabad scholarship is offered to deserving candidates. Scholarships are given based on academic merit, extracurricular activities, and financial need. The Institute's scholarship program includes a student loan facility, making it easier for candidates to attend their desired courses. The eligible candidates must apply for scholarships and submit the necessary documents as proof. Candidates can check the official website to learn more about the tuition fee concession and the percentage of scholarships the college offers.