Faculty of Management Studies Institute of Rural Management Jaipur Answered Questions

The Institute of Insurance and Risk Management (IIRM) offers the courses in  Post Graduate Diploma (PGD). The college offers various types of PGD such as Post Graduate Diploma in Management,  PGDM in Advanced Marketing, PGDM in Financial Services, PGDM in Human Resource Management, PGDM in Operations Management, PGDM in Risk Management, PGDM in Data Science & Analytics, PGDM in Business Analytics. These are the eight courses that are offered by IIRM.The students can choose any one of the course based on their intrests. The way of explaination by the faculty is excellent because they are highly qualified and talented. On my opinion Post Graduate Diploma in Management is the best one among these eight courses.

IIRM - Institute of Insurance and Risk Management boasts an impressive overall rating of 4.5 out of 5 . The majority of reviewers, accounting for 75%, rate the institute between 4 and 5 stars, indicating high satisfaction levels.Component Ratings:    Placements: With a rating of 4.6 out of 5, the institute demonstrates excellence in facilitating job placements for its students.    Infrastructure: Scored at 4.3 out of 5, indicating satisfactory facilities and resources available to students.    Faculty & Course Curriculum: Achieved a rating of 4.6 out of 5, showcasing high-quality teaching and the relevance of the curriculum.    Crowd & Campus Life: Received a commendable rating of 4.4 out of 5, suggesting a vibrant campus atmosphere and positive student experiences.    Value for Money: Rated at 4.6 out of 5, indicating that students perceive the education offered by IIRM as highly valuable relative to the fees paid.Overall, IIRM emerges as a highly regarded institution for MBA programs specializing in insurance and risk.

The MBA course at IIRM covers the topics like Finance and accounting, Management control, marketing and insurance and risk management etc. The MBA course is for two years. For each year the hostel fees was 50,000  to 1 Lacs and the mess fees is 50,000. The course fees was around 9 Lacs for two years. The total expenses for the two years is around 12 to 15 lakhs.The minimun package for a MBA student is 7 LPA and the highest package is 21 LPA. The companies that recruit the graduates in IIRM are Marsh, optum, Pwc, Realiance, Sapiens, Tata, Tvs credit, Unison and so on. I think  pursuing MBA at IIRM is worthful if you are really intrested. 

Unfortunately the scholarship is not for everyone. Only for the students who are merit. If you think you are good at academics you can take the scholarship test in the scholarship deparment of the college. However if you are facing problem with paying fees you can apply for education loan. Here you can apply for the education loan if your financial conditon was not good. The educational loan is approved only when you meet the eligible requirements.

The highest package offered by Institute of Insurance and Risk Management (IIRM) was 15 LPA. The minumun package was 5LPA. However the average the highest package is 10 LPA and the average  minimun package is 5.5 LPA.The companies recruit in this IIRM are Reliance, Hdfc, Kotak, Unison, Marsh, Accenture and Deloitte. These are some of the main compaines that recruit students from IIRM. Around 97% were got placements last year in IIRM. The placements may varies every year according to the need of freshers by the recruiting companies.

According to external sources, a major portion of the 3,000+ strong alumni network of FMS-IRM Jaipur works in the Sales sector (25%) followed by Business Development (16%) and Education (8%). The pie chart below depicts a sector-wise division of IRM Jaipur alumni placements:NOTE: The category ‘Others’ includes IT, Programme & Project Management, Consulting, Support, Media & Communication, Accounting and Product Management.

The step-by-step placement process is explained below:The companies are requested to mail the enclosed Response Form to the institute/ contact Director FMS for their requirement The placement schedule is worked out with mutual consentCVs of the interested students are collected by the Corporate Philanthropy Cell, which is then forwarded to the companiesPre-Placement Talks (PPT) are arranged before starting the selection process at the campusFinal job offers/ appointment letters are routed through Director, FMS-IRM

The institute has released the highest and average package details for the MBA batch passing out in 2023. Take a look at the below table to know the FMS IRM placement package: Particulars Placement Statistics  (2023)the highest packageINR 20 LPAAverage packageINR 7 LPA

Faculty of Management Studies, IRM is known for its excellent placement record for its MBA students. Check out the tabulated data given below to know more about Faculty of Management Studies, IRM placement in 2025:Particulars Placement Statistics (2025)Highest PackageINR 20 LPA Average PackageINR 7.5 LPATotal Recruiters250+Placement Rate100%Note- The placement year is not mentioned in the official website, so it is assumed for the current year. 

 The total cost of attending IRM Jaipur for the PGDM programme is INR 8.5 Lacs per year. This includes tuition fees, hostel fees, and other charges.Here is a breakdown of the fees for the PGDM programme at IRM Jaipur:Tuition fees: INR 2,65,000Hostel fees: INR 1,95,000Other charges: INR 1,95,000