IIRM Hyderabad: Admission 2025, Courses, Fees

About IIRM Hyderabad

The Institute of Insurance and Risk Management, popularly known as IIRM, Hyderabad, is one of the very few institutes in India that has been established with a dedicated focus on financial services, insurance, risk management, and related business domains. Since its inception in 2002, IIRM has been setting benchmarks in offering specialized education in actuarial science, data analytics, finance, insurance, and various managerial streams. Over the years, this institute has trained and shaped professionals who are contributing significantly to the Indian as well as global financial and insurance sectors. Promoted by the Insurance Regulatory and Development Authority of India (IRDAI) and the Government of Telangana, IIRM stands as a premier joint venture institution, distinguished for its academic rigor and placement outcomes.

Establishment Year

IIRM Hyderabad was established in the year 2002 with a vision to offer cutting-edge education in finance, insurance, data analytics, actuarial science, and related business disciplines. The growing demand for professionally trained manpower in financial services and insurance gave rise to the establishment of this specialized institute. In the past two decades, IIRM has become a trusted name for aspirants looking to build careers in financial services, risk management, and insurance.

Location

The institute is strategically located in the vibrant city of Hyderabad, Telangana, which is considered one of India’s leading educational and corporate hubs. The modern infrastructure of the campus creates an ecosystem for academic excellence and innovation. Surrounded by prominent IT companies and financial firms, students benefit from strong industry connect, networking opportunities, and interactive sessions with professionals.

Affiliations and Approvals

IIRM Hyderabad holds multiple prestigious approvals that solidify its academic authority in the field. Most importantly:

• The institute is approved by the All India Council for Technical Education (AICTE).

• It is also jointly supported by the Insurance Regulatory and Development Authority of India (IRDAI) and the Government of Telangana, making it a unique public-private academic partnership.
  Through these affiliations and approvals, IIRM ensures its curriculum is industry-relevant, authentic, and recognized both nationally and internationally.

Accreditations and Rankings

IIRM Hyderabad enjoys a strong reputation among specialized business schools in India. While traditional B-schools focus on general management education, IIRM has carved out a unique niche in financial services, insurance, and risk management studies. Its accreditation by AICTE and recognition by IRDAI enhance its credibility. Rankings released by various survey agencies and education platforms position IIRM among the top institutes for sector-specific management studies in India. Additionally, the consistent placement records, median salary packages of Rs. 8.5 LPA in 2023, and associations with global recruiters like Deloitte, PwC, Marsh, and Wells Fargo, highlight the institute’s growing stature in the industry.

Founder and Background

The institute was established by the Insurance Regulatory and Development Authority of India (IRDAI) in collaboration with the Government of Telangana to meet the increasing demand for skilled professionals in insurance, risk management, and allied financial services. Unlike conventional universities, IIRM was envisioned with an objective-driven foundation — to serve as a center of excellence creating qualified professionals for the insurance and financial services industry. This founder-driven approach makes the institute distinct from traditional B-schools.

Vision and Mission

The vision of IIRM Hyderabad is to become a global hub for advanced academic excellence and research in the fields of insurance, risk management, actuarial science, and financial services. The institute aspires to empower students with practical skills, technical know-how, and leadership capacity while addressing industry requirements.

The mission of IIRM Hyderabad is to nurture professionals with specialized knowledge, interdisciplinary approaches, and analytical thinking. It aims to establish itself as a bridge between academic research and industry application, contributing to the development of robust financial systems, risk management structures, and technological integration in the insurance sector.

Infrastructure Overview

The IIRM Hyderabad campus provides students with modern facilities conducive to learning, collaboration, and growth. Its infrastructure includes:

• Academic Classrooms: Spacious and technologically equipped classrooms ideal for interactive sessions.

• Conference Halls and Seminar Rooms: Used for workshops, industry talks, guest lectures, and management events.

• Auditoriums: Designed for larger-scale academic and cultural gatherings.

• Library and Learning Resources: A well-stocked library with books, journals, and digital learning material in finance, actuarial studies, data analytics, management, and insurance sectors.

• IT and Computer Labs: Equipped with updated technology and software platforms to train students in analytics, modeling, and risk management simulations.

• Cafeteria: Providing a relaxed space for refreshments and informal group interactions.

• Recreational and Student Activity Spaces: Facilities designed to ensure overall personality development and work-life balance.

The campus is designed to be a blend of modern academic infrastructure and professional training spaces. Students benefit from the immersive campus experience where industry-academia collaborations become integral to learning.

Courses Offered

The flagship program offered at IIRM Hyderabad is the Post Graduate Diploma in Management (PGDM). The unique feature of this course is that it is available in dual specialization format, enabling students to gain expertise in cross-functional domains. The major specializations available include:

• PGDM in Insurance

• PGDM in Risk Management

• PGDM in Finance

• PGDM in Operations Management

• PGDM in Actuarial Science

• PGDM in Advanced Marketing

• PGDM in Human Resource Management

• PGDM in Data Science & Analytics

The course structure integrates both theoretical knowledge and practical industry exposure through internships, live projects, and corporate interactions.

Highlights Table