Can I join Institute of Insurance and Risk Management directly?
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2 Answers
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No, IIRM Hyderabad does not accept direct admissions. Students are accepted on an entrance basis for the PGDM programme offered at the institute. Interested candidates must fulfil the admission criteria of the course. The basic eligibility is to pass graduation with a minimum aggregate of 50% from a recognised university. Furthermore, candidates must provide a valid score of any of the accepted entrance exams to get admissions.
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IIRM offers a 2-year Post Graduate Diploma in Management (PGDM) under various specializations, such as Financial Services & Banking, Human Resource Management, Finance, Business Analytics, Actuarial Sciences, Risk Management, Data Science & Analytics, International Marketing, and Insurance.
To join IIRM directly, you need to have a bachelor’s degree with minimum 50% marks in any discipline from a recognised university. You also need to have a valid score in any of these entrance exams: CAT/ MAT /XAT/GMAT/CMAT/ ATMA/ CET. The final selection is based on the performance in the entrance exam score and personal interview.
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The IIRM Hyderabad PG Diploma admission process includes a Personal Interview (PI). Candidates shortlisted for the PI round are required to bring along the documents specified by the institute. A list of the required documents has been presented below:
- SSC/ Matriculation/ Class 10 Mark sheet and Certificate
- Intermediate/ PUC/ Class 12 Mark sheet and Certificate
- Graduation and/or Post Graduation Marksheets & Degree Certificate
- Two passport-size photographs
- Work Experience Letter, if applicable
- Scorecard of accepted entrance exam
- Demand Draft (For offline application)
- Proof of Online Application Fee Payment
Candidates completing a PG Diploma in Actuarial Science at IIRM Hyderabad are eligible to take up entry-level and mid-level jobs in a wide range of sectors. The salary package after pursuing PGDAS at the institute depends on the candidates' choice of industry, location, skills and experience. As per the official IIRM website, the expected salary that PG Diploma holders can get at various job levels are as follows:
- Entry-Level (Experience: 0 - 3 years): INR 5 LPA – INR 8 LPA
- Mid-Level (Experience: 3 - 7 years): INR 8 LPA – INR 12 LPA
- Senior-Level (Experience with 10+ years): INR 12 LPA – INR 25 LPA
IIRM Hyderabad provides a regular PG Diploma in Actuarial Science (PGDAS). Pursuing the course leads to diverse career opportunities in various industries, such as Insurance, Banking, Risk Consulting, Asset Management, Data Analytics, etc. Some job roles that PGDAS holders of IIRM Hyderabad can take up are listed below:
- Actuarial Analyst
- Pricing Actuary
- Valuation Actuary
- Risk Manager
- Pension Actuary
- Investment Actuary
- Underwriting Actuary
- Consulting Actuary
IIRM Hyderabad provides entrance-based admissions to its PG Diploma programme. Candidates seeking admission must begin with ensuring that they are eligible as per the criteria specified by the institute. To be eligible for admission to the programme, candidates are required to have valid scores in CAT/ GMAT/ XAT/ CMAT/ MAT/ ATMA, etc. Alternatively, they must have passed at least one exam from the IAI-ACET, IFoA, SOA, and CAS.
Eligible applicants must appear for the Actuarial Proficiency Test and the personal interview conducted by the institute. The final selection is based on the performance of the candidates in the entrance test, fol
Candidates seeking admission to IIRM Hyderabad for a PG Diploma in Actuarial Science (PGDAS) are required to complete the application process in online or offline mode. While applying, they must submit an application fee of INR 1,000. The fee can be paid via Net Banking, Credit Card, Debit Card or PayUMoney Gateway. Candidates applying offline can submit the fee through a DD in the favor of “IIRM” payable at Hyderabad. It must be noted that the mentioned information is sourced from the official website of the institute/ sanctioning body. It is still subject to change and hence, is indicative.
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