Careers360 Logo
ask-icon
share
    IIRM Hyderabad Review 2026: Full Details of MBA Admission, Fees, & Placements
    • Articles
    • IIRM Hyderabad Review 2026: Full Details of MBA Admission, Fees, & Placements

    IIRM Hyderabad Review 2026: Full Details of MBA Admission, Fees, & Placements

    Team Careers360Updated on 01 May 2026, 11:50 AM IST

    The Institute of Insurance and Risk Management (IIRM) is a government MBA institute located in Hyderabad, Telangana. This B-School in Telangana is AICTE-approved and is established by the IRDAI (Insurance Regulatory and Development Authority of India) and the Government of Telangana.

    This Story also Contains

    1. Why Choose PGDM at This College?
    2. Institute of Insurance and Risk Management Highlights
    3. Placement Statistics (As per NIRF 2025 PG [2 Years Program(s)])
    4. Major Recruiters
    5. Basic Details for PG Diploma in Management
    6. PGDM Fee Structure (2026–28)
    IIRM Hyderabad Review 2026: Full Details of MBA Admission, Fees, & Placements
    IIRM Hyderabad Review 2026

    Institute of Insurance and Risk Management offers a two-year PGDM program (Post Graduate Diploma in Management), which is considered equivalent to an MBA degree. PGDM course at IIRM Hyderabad is the ideal option for those candidates who are aspiring to build careers in financial services and analytical roles in insurance. This article will provide you with a complete overview of the IIRM Hyderabad, covering its admission process, institutional highlights, fee structure, placement rate, salary, and recruiters.

    Why Choose PGDM at This College?

    Parameter

    What the Official Site Says

    Government Connections

    IIRM is promoted by IRDAI (Insurance Regulator) & the Government of Telangana

    Placement Report

    - Dedicated placement office acting as an interface between industry and students

    - Pre-placement training, workshops, and industry inputs integrated into the curriculum

    Program Focus

    - Specialized in Financial Services, Insurance, Risk Management, and Actuarial Science

    - Curriculum designed with industry inputs & practical exposure

    Faculty

    - Experienced & qualified faculty with industry exposure

    - Use of case studies and practical learning approaches

    Industry & Corporate Linkages

    - Regular interaction with corporates, government agencies, and financial institutions

    - Placement cell builds continuous industry engagement


    This table highlights the parameters that compels MBA aspirants to choose PGDM at IIRM Hyderabad. Various parameters like government connections, placement report, program focus, faculty, industry and corporate linkages are listed in this table. Check out the table for more details.

    Institute of Insurance and Risk Management Highlights

    Estd Year

    2002

    Established by

    IRDAI

    Careers B School Rating 2026

    AAA

    Total Students

    243

    Total Male

    141 (58.02%)

    Total Female

    102 (41.98%)

    Outside State

    72 (29.63%)

    Within State

    171 (70.37%)

    Total Faculty

    27


    The Institute of Insurance and Risk Management was established in 2002 by IRDAI and has a rating of AAA by the careers B School ranking. Total students intake in a two-year PGDM program was 243 as per data submitted to the NIRF 2025 for the Management domain by this institute. Out of 243 intake, 141 intake is of boys and 102 intake is of girls. 29.3 per cent of the students are from outside Telangana and 70.37 per cent of the students are from within Telangana. For a batch of 243 students, there are 27 faculty members.

    Placement Statistics (As per NIRF 2025 PG [2 Years Program(s)])

    Category

    2021–22

    2022–23

    2023–24

    Admitted

    64

    105.00

    124

    Graduated

    64

    93

    124

    Placed

    63

    88

    112

    Opt for HS

    1

    5

    2

    Placement %

    100%

    100%

    91.80%

    Median CTC

    Rs. 6,50,000

    Rs. 8,50,000

    Rs. 7,60,000


    For the 2023-2024 year pass-out batch, a total of 124 students were admitted in a PG program of two years at IIRM, and all the admitted students graduated. Out of 124 graduated students, 112 were placed, and two opted for higher studies. The placement rate was 91.80 percent in the 2023-2024 batch and shows 100 per cent placement over the previous batches. The median CTC offered in the batch 2023-2024 was Rs. 7.6 Lakhs.

    Major Recruiters

    ActLogica

    Alliance Insurance Brokers

    Amazon

    Anand Rathi Insurance Brokers

    Arka Insurance Brokers

    AST Corporation

    Axis Bank

    Bajaj Allianz General Insurance

    Beacon Insurance Brokers

    Berkadia

    Beyontec

    CamsRepository

    Accenture

    Canara HSBC Oriental Bank of Commerce Life Insurance Company Ltd.

    Cholamandalam MS General Insurance Company Pvt. Ltd.

    Deloitte Consulting US – India Offices (Taxation)

    Digit General Insurance (GoDigit)

    DXC Technology


    This table highlights the major recruiters at the Institute of Insurance and Risk Management, Hyderabad. Many insurance companies come for placement at IIRM, including Digit General Insurance, Arka Insurance Brokers, Alliance Insurance Brokers, Anand Rathi Insurance Brokers, and more.

    Basic Details for PG Diploma in Management

    Section

    Details

    Program Structure

    2 Years full-time Master’s Level Program

    Batch Commencement

    July every year

    Eligibility Criteria

    Any graduate from a recognized university with valid scores of CAT / XAT / MAT / ATMA / GMAT / CMAT / State-level Management Tests. Final year students can also apply

    Selection Process

    Based on submitted scores and personal interview

    How to Apply

    Apply online or download the application from website: www.theiirm.ac.in


    • PG Diploma in Management is a full-time two-year master's program having the same value as an MBA degree.

    • Candidates seeking admission in PGDM at IIRM can apply online by visiting the official website www.theiirm.ac.in.

    • Graduated students with a valid score of CAT, XAT, MAT, ATMA, GMAT, or CMAT State-level Management Tests are eligible to apply. Final year students are also eligible to apply.

    • Selection is based on the accepted exam score and personal interview.

    PGDM Fee Structure (2026–28)

    Fee Details

    Amount (₹)

    Registration Fee

    75,000

    1st Installment Course Fee

    3,00,000

    2nd Installment Course Fee

    1,75,000

    3rd Installment Course Fee

    4,00,000

    1st Year Hostel, Food & Facilities (Triple Sharing)

    1,25,000

    2nd Year Hostel, Food & Facilities (Triple Sharing)

    1,25,000

    Total (Course Fee)

    9,50,000

    Total (Hostel Fee)

    2,50,000

    Grand Total (Course + Hostel)

    12,00,000

    The registration fee for the PGDM course in the 2026-2028 batch at IIRM Hyderabad is Rs. 75,000. Total course fee is Rs. 9,50,000 and total hostel fee is Rs. 2,50,000. Total course fee including hostel charges is Rs. 12,00,000. For a detailed PGDM fee structure check out the above table.

    IIRM Hyderabad, being a government-backed institution, has a moderate fee structure compared to other B-Schools in India and offers a placement package of approximately Rs. 8 Lakhs. Students can recover their fees within one and a half years after completing the course.

    Upcoming Bschool Exams
    Ongoing Dates
    Woxsen WAT Others

    5 Apr'26 - 2 May'26 (Online)

    Certifications By Top Providers
    Certificate Program in Product Management
    Via Indian Institute of Technology Bombay
    Accounting and Finance
    Via Indian Institute of Management Bangalore
    Strategic Management
    Via Indian Institute of Management Bangalore
    Corporate Tax Planning
    Via Netaji Subhash Open University, Kolkata
    Online MBA
    Via Centre for Distance and Online Education, Sathyabama Institute of Science and Technology
    Executive Programme in Digital Marketing
    Via Indian Institute of Management Jammu
    Udemy
     703 courses
    Edx
     467 courses
    Swayam
     237 courses
    Emeritus
     232 courses
    Explore Top Universities Across Globe
    University of Essex, Colchester
    Wivenhoe Park Colchester CO4 3SQ
    Oxford Brookes University, Oxford
    Headington Campus Oxford OX3 0BP UK
    Northumbria University, Newcastle City Campus
    Sutherland Building, Northumberland Road, Newcastle-upon-Tyne, NE1 8ST
    Cardiff Metropolitan University, Cardiff
    Llandaff Campus, Western Avenue, Cardiff, CF5 2YB
    University of Reading, Reading
    Whiteknights PO Box 217 Reading Berkshire RG6 6AH
    Bristol Baptist College, Bristol
    The Promenade, Clifton Down, Bristol BS8 3NJ

    Questions related to IIRM Hyderabad

    On Question asked by student community

    Have a question related to IIRM Hyderabad ?

    Dear Aspirant,

    If you give MAT exam this September 2020 then also you are eligible for admission in the year 2021

    Also you can give the MAT exam conducted in February 2021

    For more information do visit the link below

    https://www.google.com/amp/s/bschool.careers360.com/articles/mat-exam-pattern

    Hope this helps