IIRM Hyderabad, officially known as the Institute of Insurance and Risk Management Hyderabad, is one of the leading institutions in India, in Insurance, Risk and Financial Management. IIRM Hyderabad was established in 2002 as a collaboration between Insurance Regulatory and Development Authority of India (IRDAI) and the Government of Telangana. IIRM is an autonomous institution accredited by the All India Council of Technical Education (AICTE), and specialises in insurance, risk management, and financial services, and programmes.
Under the IIRM in Hyderabad, the campus features modern learning facilities, include digital classes, research laboratories, libraries, and training modules that can match the industry standards. IIRM offers courses in Post Graduate Diploma in Management (PGDM) and a Post Graduate Certificate in Management (PGCM), which are structured to match the standards of the insurance and financial industries.
More info about IIRM Hyderabad
Institute Of Insurance and Risk Management (IIRM) is located in Hyderabad, Telangana. The educational institution was established in the year 2002. IIRM-A Joint Initiative of IRDAI and Govt of Telangana, approved by AICTE, has been in existence for over a decade and is mandated to deliver excellence in education that meets the changing need of the fast-growing Industry and Economy at large. The Institute has been in the field of education since 2002 imparting knowledge, and skills to students aspiring for careers in Financial Services focusing on Insurance and other allied sectors. The Institute Of Insurance and Risk Management (IIRM) offers various courses like PGDM and PGCM. The college has a well-developed infrastructure and facilities like a computer lab, Auditorium, Sports and more. The college has well trained and experienced faculty members. The Institute Of Insurance and Risk Management (IIRM) address and contact number is provided in the contact details.
The Institute has been in existence for over a decade and is mandated to deliver excellence in education that meets the changing need of the rapidly-growing Industry and Economy at large, with the sole aim of developing an employable workforce.
It is unique in character as the Institute is promoted by the Regulator IRDAI and Govt. of Telangana and the programs offered by the Institute are approved by AICTE.
Institute is dedicated to education in the financial services sector, which includes courses on Finance & Financial Services, Insurance, Risk Management, Actuarial Science, Marketing, Business Analytics, and allied areas.
Institute offers a 2-year full-time Post-Graduate Diploma in Management (PGDM) Program and also Post Graduate Certificate in Management Program with Widely experienced faculty, excellent infrastructure combined with innovative pedagogy, and rigorous learning processes. Institute is the right platform for transforming students into global leaders of tomorrow.
IIRM, Hyderabad is popular among Management Institutes in India, and the Programmes offered by the Institute in PG Diploma/Certificates in Insurance, and Risk Management are unique and widely acclaimed.
Program
Eligibility Criteria
Post-graduate Diploma in Management (PGDM)
Must have a bachelor’s degree in any discipline from a recognized University.
Must have scored valid rank/score in any of CAT/MAT/XAT/GMAT/ATMA/CMAT/State CETs/IIRMCET
Final-year students can also apply.
Post-graduate Certificate in Management in Risk Management/Insurance)
Graduates/Postgraduates in any discipline from a recognized University including Engineering or candidates with Professional qualifications in CA/ICWA/CS etc.
Final Year students can also apply
IPGD Insurance Courses offered by IIRM, Hyderabad through Distance Learning Mode have been accorded recognition by Insurance Regulatory and Development Authority (IRDAI). IRDAI has recognized these courses at par with the Fellowship of Insurance Institute of India (III), Mumbai as suitable qualifications for the Insurance Service Sector. International General Insurance Diploma awarded by IIRM, Hyderabad will entail the candidates to apply and secure the posts of Surveyor/Loss Assessor Licence from IRDAI.
IIRM, Hyderabad is an accredited Member of the Chartered Insurance Institute (CII), London. Candidates securing the IIRM-International PG Diploma are eligible for credit points from CII, London leading to Diploma in CII, provided they appear in one subject with CII, London at their Diploma level.
Must be a graduate in any discipline, including Engineering or Management from a recognized University/Institute. Candidates with Professional Qualifications like CA, ICWAI, and CS are also eligible.
Spread over five acres of the area situated at the Financial District of Gachibowli, Hyderabad IIRM has a total 6 (of six) blocks, one each of Admin block, Academic block, Canteen, Boys Hostel, Girls Hostel, and Executive Guest Houses. Following are key infrastructure facilities available at IIRM, Hyderabad.
Q. How does PGDM Programme differs from a regular MBA Programme?
A. PGDM offered by IIRM, Hyderabad is more of industry-oriented and adapts itself to the changing environment in the industry from time to time. Autonomous Institutions offer PGDM with the approval of AICTE, while MBA is offered by universities and their affiliated Institutions with the approval of UGC. IIRM chose to offer PGDM Programmes with the approval of AICTE.
Q. What are the specializations available with PGDM programs offered by IIPM?
A. IIRM, Hyderabad offers the following specializations under PGDM programs and candidates can opt for any two specializations in their area of interest from among them.
Q. What is the intake of PGDM and PGCM by IIRM, Hyderabad?
A. PDGM program currently has an approved intake of 120 seats and the 1-year Program PGCM has an approved intake of 60 seats.
Q. What kind of Summer Internships do students get in IIRM, Hyderabad?
A. IIRM facilitates internships offered after the second semester. Companies select students for internships after the completion of the first semester. Summer internships can be paid or unpaid based on the recruiting company`s policies. Internships at IIRM are diverse and relate to the financial services sector, Banking, Insurance, ITES, Pharma, and other allied industries.
Q. Is IIRM a Government Institute?
A. Institute is jointly promoted by IRDAI and the State Government of Telangana.
The Institute of Insurance and Risk Management (IIRM) in Hyderabad will be conducting its 2026 admission process primarily for PGDM programs through an entrance-based system. Candidates with a bachelor''s degree need to apply online via the official website, submitting valid scores from CAT, MAT, XAT, CMAT, ATMA, GMAT, State CETs, or IIRM CET, alongside a INR 500 application fee. Shortlisting of candidates considers test scores, academics, and work experience, followed by a personal interview assessing communication, goals, and subject knowledge and final selection includes document verification. Admissions typically start in July, with application windows extending to May/June for PGDM, though exact 2026 dates remain unconfirmed hence candidates need to check the institute site for updates.
The application process for IIRM Hyderabad''s 2026 PGDM programs will begin online via the official website (theiirm.ac.in/apply), where candidates need to register with personal details like name, email, and qualifications, then upload scanned photograph, signature, and documents meeting eligibility—a bachelor''s degree (minimum 50% marks) and valid CAT/MAT/XAT/CMAT/ATMA/GMAT/TSICET/IIRMCET scores. Candidates need to pay the INR 500 fee through net banking, cards, or PayUMoney while offline applicants need to download the form, complete it with details, attach a photo and pay fee via cash/DD, and mail to the admissions office. Shortlisted candidates will receive interview calls via email/phone, with applications expected from January 2026 onward.
Highlight
Details
Established
2002, promoted by IRDAI and Govt. of Telangana
Location
Gachibowli, Financial District, Hyderabad, Telangana
Ownership
Not-for-profit, government organization
Accreditations
AICTE approved, Ministry of HRD, associated with SOA, CII London, III Mumbai
Rankings 2025 (Latest)
MBA #205 (Collegedunia), #120 (IIRF)
Flagship Programs
2-year full-time PGDM (8 specializations: Insurance, Risk Mgmt, Finance, Actuarial Science, Data Analytics, HRM, etc.); PG Diploma in Actuarial Science
Fees
PGDM: INR 9.5 Lakhs total
Admission Criteria
CAT/XAT/CMAT/ATMA/MAT/GMAT scores + profile + interview
Campus Facilities
5 acres; IT lab, knowledge centre, seminar hall, modern lecture halls
IIRM Hyderabad''s 2026 placements are projected to maintain the institute''s strong track record, with a 98% placement rate achieved in 2024 where 104 of 107 PGDM students were placed. The highest package reached INR 15.40 LPA, while the average stood at INR 8.39 LPA, with specializations like Marketing and Finance leading at similar peaks and INR 8-9 LPA averages. Top recruiters include ICICI Bank, Deloitte, PwC, IBM, Reliance, HDFC Ergo, Marsh, SBI General, and AON, offering roles in insurance, risk management, finance, and broking while summer internships precede final placements, ensuring robust industry readiness.
The Institute of Insurance and Risk Management (IIRM) in Hyderabad offers merit-cum-means scholarships for its 2026 PGDM programs, ranging from 10% to 100% tuition fee waivers based on candidates'' academic performance, entrance exam scores (CAT/MAT/XAT/CMAT), and family income levels. There are limited scholarships—around 6-8 per department—which are awarded annually to deserving students demonstrating strong profiles, with applications submitted via the institute''s admission portal alongside proof of merit and financial need. High scorers in national tests and those from economically weaker sections receive priority; exact eligibility and deadlines align with the admission cycle starting July 2026—verify on the official site for updates.
The Institute of Insurance and Risk Management (IIRM) Hyderabad maintains robust recognitions for 2026, promoted by IRDAI and the Government of Telangana as an autonomous not-for-profit entity. Its PGDM programs hold AICTE approval, with affiliations to the Insurance Institute of India (III Mumbai), Chartered Insurance Institute (CII London), and Society of Actuaries (SOA), alongside Ministry of HRD recognition. These endorsements validate its niche curricula in insurance, risk, actuarial science, and finance, ensuring industry-aligned credentials that enhance employability and global certifications like CPCU (USA) and FRM (GARP).
IIRM Hyderabad holds strong rankings for 2026, building on recent accolades in management education focused on insurance and risk. It secured 180th in NIRF 2024, and 120th by IIRF in the MBA category for 2025, alongside 17th by Outlook (improved from 19th), 30th among government B-schools by India Today (2023), 7th in Hyderabad by The Week, 5th locally by Fortune India, and 28th in government B-schools by Business World. These positions highlight its niche excellence in specialized PGDM programs, supported by AICTE approval and industry relevance.
The Institute of Insurance and Risk Management (IIRM) Hyderabad offers modern facilities including air-conditioned smart classrooms with projectors, a well-stocked library housing national/international journals on insurance and risk management, advanced IT labs equipped for analytics tools like Hadoop, R, and Tableau, and campus-wide Wi-Fi. Separate hostels for boys and girls provide triple/double sharing rooms with laundry, gymnasium, mess serving hygienic student-approved meals, and 24/7 CCTV; additional amenities encompass an auditorium, medical clinic with mediclaim tie-ups, sports courts for basketball/badminton/table tennis/chess, outdoor gym, and canteen ensuring a conducive environment for academic and extracurricular growth.
Institute of Insurance and Risk Management (IIRM Hyderabad) primarily offers its flagship 2-year AICTE-approved PGDM programme with popular specialisations in Insurance, Risk Management, Finance, Business Analytics, Actuarial Science, Marketing and HRM, designed to meet niche industry needs in insurance and financial services. The IIRM Hyderabad also offers PGDAS (Postgraduate Diploma in Actuarial Science) and specialised distance/online International PG Diplomas in Life Insurance, General Insurance and Risk Management, which are recognised by bodies like IRDAI, CII London and III Mumbai, adding strong professional value for students targeting actuarial, insurance and risk domains.
IIRM Hyderabad garners positive reviews averaging 4.0-4.5/5 across educational platforms and has been praised for its specialized PGDM in insurance and risk management, with experienced faculty blending industry expertise, and strong 98% placement rates with averages of INR 8-9 LPA from recruiters like ICICI Bank and Deloitte. Students highlight rigorous academics, practical case studies, international certifications (CII, CPCU), and supportive alumni networks, though some note limited extracurriculars and heavy coursework. Overall ratings commend infrastructure, value-for-money niche education, and career readiness in finance sectors.
The Institute of Insurance and Risk Management (IIRM) in Hyderabad boasts over 20 highly qualified faculty members for 2026, led by Principal Dr. V. V. K. Mohan (B.Tech, PGDM, PhD in General Management & Marketing). Some of the professors include Dr. K. Srinivasa Rao (Banking, Finance & Risk), Dr. N.K.V. Roop Kumar (Life Insurance, Risk Management), Dr. C. Madhavi Prasad (Organizational Behaviour & HRM), Mr. P.V. Vijay Kumar (Finance & Insurance), and specialists like Dr. G. Srimannarayana (Actuarial Science) and Ms. Ch. Srivalli (Data Science). These PhD holders blend academic expertise with industry experience in insurance, finance, IT, and analytics, ensuring industry-aligned teaching.
Q1. What is the admission process for IIRM Hyderabad in 2026?
Ans. Admission to the flagship PGDM program at the Institute of Insurance and Risk Management (IIRM) Hyderabad for 2026 begins with online or offline application submission on the official website www.iirmworld.org.in, accompanied by a INR 500 fee. Candidates must qualify in national-level exams like CAT, XAT, MAT, CMAT, ATMA, GMAT, or the institute''s own IIRMCET, followed by shortlisting based on scores and academics, then a personal interview assessing communication, goals, and subject knowledge. Final selection involves document verification and fee payment to confirm the seat.
Q2. What are the eligibility requirements for PGDM at IIRM Hyderabad in 2026?
Ans. Applicants need a bachelor''s degree in any discipline with at least 50% aggregate marks from a recognized university, and final-year students can apply provisionally. A valid score in accepted entrance exams such as CAT, MAT, XAT, CMAT, GMAT, ATMA, state CETs, or IIRMCET is mandatory, with shortlisting typically requiring a minimum 50th percentile. Work experience, though not compulsory, strengthens the profile during personal interviews.
Q3. What is the fee structure for courses at IIRM Hyderabad for 2026?
Ans. The two-year full-time PGDM program costs approximately INR 8-10 lakh total, covering tuition, while shorter certification courses in insurance and risk management range from INR 1-3 lakh depending on duration. Hostel fees add INR 1-2 lakh annually, with payments accepted via online modes post-selection; merit scholarships based on entrance scores reduce costs for top performers. Application fees remain at INR 500 for all applicants.
Q4. What are the placement prospects at IIRM Hyderabad?
Ans. IIRM Hyderabad achieves 90-100% placement rates for PGDM graduates, with recruiters from insurance giants like ICICI Lombard, HDFC Ergo, Bajaj Allianz, and consultancies offering roles in underwriting, risk analysis, and claims management. Average packages range from INR 6-9 LPA, with highest offers up to INR 15-20 LPA supported by dedicated training, internships, and an alumni network in the sector. Career services focus on insurance-specific skills from the first semester.
Q5. What facilities does IIRM Hyderabad provide to students?
Ans. The Gachibowli campus features specialized labs for actuarial science and risk modeling, a comprehensive library with insurance journals, air-conditioned hostels, sports courts, cafeteria, and medical support. High-speed Wi-Fi, seminar halls for industry guest lectures, and placement cells ensure a professional environment tailored to finance and insurance education. Transport and banking services are available on-site.
Lovely Professional University (LPU)
Jalandhar, Punjab
Type: Private University
IBS Hyderabad
Hyderabad, Telangana
Type: Private
RV University
Bangalore, Karnataka
Chandigarh University
Mohali, Punjab
Chandigarh University, Lucknow
Unnao, Uttar Pradesh
Institute of Public Enterprise (IPE)
ICFAI University (IFHE)
Type: Deemed to be University
KL University
Guntur, Andhra Pradesh
GITAM University
Visakhapatnam, Andhra Pradesh
Hyderabad Business School, GITAM University
Medak, Telangana
MIT-WPU
Pune, Maharashtra
KLH Hyderabad
MIT VPU
Solapur, Maharashtra
Universal AI University
Raigad, Maharashtra
Maharishi Markandeshwar University
Ambala, Haryana
DOMS - Nalsar University
Type: Public
DIT University
Dehradun, Uttarakhand
MBU Tirupati
Chittoor, Andhra Pradesh
SRM University, AP
MNR University
Medchal, Telangana
VIT-AP University
VIT Vellore
Vellore, Tamil Nadu
SRM University - SRMIST Chennai
Chennai, Tamil Nadu
Amrita Vishwa Vidyapeetham
Coimbatore, Tamil Nadu
Manipal Academy of Higher Education
Dakshina Kannada, Karnataka
Woxsen University
Christ University
Reva University
Sathyabama University, Chennai