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.
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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.
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.
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.
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.
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.
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.
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.
On Question asked by student community
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
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