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IIRM PG Diploma Courses & Fees 2026: Eligibility, Admission Process, Entrance Exam
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Last updated on 22 Nov '25IIRM PG DiplomaWhat's new?
The registration window for ATMA 2026 May session is now open for the PG Diploma course. The deadline to register is Apr 21, 2026, for the exam taking place on May 3, 2026.
IIRM Hyderabad PG Diploma Eligibility & Highlights 2026
Institute of Insurance and Risk Management (IIRM), Hyderabad, offers a full-time PG Diploma in Actuarial Science (PGDAS). The two-year programme is approved by the AICTE. Candidates with a PG Diploma in Actuarial Science from IIRM Hyderabad are exempted from seven Actuarial Science Papers from the Institute of Actuaries of India (IAI), Mumbai.
Institute of Insurance and Risk Management PGDAS admission is granted based on the applicants' performance in the Actuarial Proficiency Test and Personal Interview (PI) conducted by the Institute. Candidates seeking admission must also satisfy the following IIRM Hyderabad PG Diploma eligibility criteria:
- Candidates must have completed graduation or post-graduation from a recognised university in any discipline (Maths / Statistics / Econometrics / Commerce / Engineering).
- They must have valid scores in CAT/ XAT/ MAT/ ATMA/ GMAT/ CMAT/ State-level Management Tests. Alternatively, candidates must have passed at least one exam from the IAI-ACET/ IFoA/ SOA/ CAS.
IIRM Hyderabad PG Diploma Fees 2025
Candidates selected for admission to IIRM Hyderabad courses must pay the applicable fees for seat confirmation. The total PG Diploma fee at IIRM Hyderabad is INR 14 lakh for two years. The mentioned fee is sourced from the official website of the institute/ sanctioning body. It is still subject to change and hence, is indicative.
Find below the key highlights of the IIRM Hyderabad PGDAS course:
Commonly asked questions On Highlights
IIRM Hyderabad PG Diploma is a two-year course offered in one specialisations. The PG Diploma fee at Institute of Insurance and Risk Management is INR 14 lakh for the period of two years. In addition to the course fee, candidates may have to pay certain one-time charges at admission. The mentioned fee is sourced from the official website of the institute/ sanctioning body. It is still subject to change and hence, is indicative.
No, there is no provision for direct admission at to the PG Diploma course of IIRM Hyderabad. The admission to the full-time PG Diploma course is strictly based on the applicants' performance in the accepted entrance exams, followed a personal interview. Further, candidates are also required to qualify in the Actuarial Proficiency Test conducted by the institute. Moreover, they must fulfil the preset eligibility criteria for PGDAS admission. Hence, direct admission is not possible at IIRM Hyderabad for a PG Diploma.
Yes, Institute of Insurance and Risk Management (IIRM), Hyderabad, offers an AICTE-approved PG Diploma in one specialisation. It offers a full-time PG Diploma in Actuarial Science (PGDAS). The total duration of the programme is two years. Candidates holding a PG Diploma in Actuarial Science from the institute are exempted from seven Actuarial Science Papers from the Institute of Actuaries of India (IAI), Mumbai. The programme is ideal for candidates looking to build a career in the field of Insurance, banking, investment, or risk consulting. For more information, candidates can visit the official website of the institute.
The highest package offered during IIRM Hyderabad placements over the past three years is presented below:
Particulars | PGDM Placement Statistics (2022) | PGDM Placement Statistics (2023) | PGDM Placement Statistics (2024) |
|---|---|---|---|
the highest package | INR 14.97 LPA | INR 13 LPA | INR 15.4 LPA |
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Commonly asked questions On All Courses
Cutoff for the Institute of Insurance and Risk Management can be checked on IIRM Hyderabad's official website. There is proper information given on the official website about every thing that a student wants to ask.There is an admission section in the official website, which consists of information related to cut off of current as well as previous years. If you want to know about other things also like placement, etc you can check the official website.
IIRM PG DiplomaFees details 2026
| Fee components | Amount (for 2 years) |
|---|---|
₹ 9 L | |
₹ 2.6 L | |
₹ 10 K | |
₹ 11.7 L |
These are estimated fees information. Actual values may differ.
Commonly asked questions On PG Diploma Fees
In terms of placements, the institute has maintained its record of 90% above placement percentage. During 2022 placements 90% of the MBA batch 2020-22 was placed. Further, the average package and the highest package stood at INR 9 LPA and INR 15 LPA, respectively. Tabulated below are the key highlights of IIRM Hyderabad placements 2022:
| Particulars | Placement Statistics (2022) |
|---|---|
| No. of participating students | 64 |
| Placement percentage | 90% |
| Average package | INR 9 LPA |
| the highest package | INR 15 LPA |
Yes, IIRM Hyderabad does offer educational loans to students. The institute is associated with several banks to provide assistance for students in availing of the loans. Some of the banks with which the institute offers the loan are as follows:
- Andhra Bank S.No 752
- ICICI Bank
- IDFC
- IIRM HDFC
- Propelld
Students can visit the official website of the institute to know further details.
College Events: Occasionally, Institute of Insurance and Risk Management hosts a variety of extracurricular activities. There are structured competitions such as declamations, debates, and symposiums. Every significant holiday is observed. All in all, it's enjoyable to be in college.
Campus Life: The fundamental amenities needed for education are also included in the campus infrastructure. There are large, air-conditioned conference rooms available. The learning process is aided by contemporary audiovisual equipment. There is a library with an extensive selection of resources. Language and IT labs are also available.
Admission: The results of the CAT, MAT, GMAT, and CMAT exams are used to determine admission. A round of interviews follows in order to narrow down the pool of prospects.
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IIRM Hyderabad PG Diploma Admission Dates 2026
IIRM Hyderabad PG Diploma in Actuarial Science admission is primarily entrance-based. The institute accepts the scores of CAT, XAT, MAT, CMAT, ATMA, GMAT and State CETs to shortlist candidates for admission. Hence, aspirants must stay updated on the important CAT/ GMAT/ XAT/ CMAT/ MAT/ ATMA dates.
Candidates with valid scores in the mentioned exams are required to apply for the Actuarial Proficiency Test conducted by the institute. The application window is usually open till April, and the test is conducted in May/ June. However, candidates who have passed at least one exam from the IAI-ACET/ IFoA/ SOA/ CAS are not required to submit their CAT/ GMAT/ XAT/ CMAT/ MAT/ ATMA/ State CET scores.
Some important IIRM Hyderabad PG Diploma admission dates are tabulated below:
Commonly asked questions On Admissions
No, IIRM Hyderabad PG Diploma admissions are now closed. The institute concluded its application process in April. The last date to apply was April. The entrance exam was conducted in May. The institute is expected to release the entrance exam results in June. Candidates willing to take admission to the programme will have to wait for the next admission cycle.
To shortlist prospective candidates for IIRM Hyderabad PG Diploma admission, the institute conducts an Actuarial Proficiency Test. The schedule for the test varies yearly. In 2025, the proficiency test was conducted on May 30, 2025. To be eligible to apply for the test, candidates are required to have valid scores in the accepted entrance exams. These entrance exams include CAT, GMAT, XAT, CMAT, MAT, ATMA, etc. Alternatively, they must have passed at least one exam from the IAI-ACET, IFoA, SOA, and CAS.
These exams are conducted by the respective conducting authorities and their schedules vary yearly. The tentative timelines for some of these exams are as follows:
- CMAT: January - May
- MAT: February, May, September and December
- CAT: November
- XAT: January
IIRM Hyderabad admission is primarily entrance-based. The college accepts various national-level entrance exams such as CAT/ XAT/ MAT/ CMAT/ GMAT/ ATMA/ IIRMCET exam. Apart from the entrance exam, IIRM Hyderabad also considers the academic performance of the candidate and performance in the personal interview round. Candidates interested in getting into the IIRM Hyderabad flagship PGDM course must appear for the relevant national-level management entrance exam or IIRMCET exam.
IIRM Hyderabad PGDM in Actuarial Science admissions are entrance-based. The selection process is as below:
- CAT/ XAT/ MAT/ ATMA/ GMAT/ CMAT/ State-level Management Tests + Actuarial Proficiency Test by IIRM
IIRM Hyderabad PG Diploma Admission 2026: How to Apply?
These steps are discussed below in detail:
IIRM Hyderabad PG Diploma Application Process
The first step in the IIRM Hyderabad PGDAS admission process is to apply for admission. The application form is available on the institute's official website at www.theiirm.ac.in. It can be filled out online. Alternatively, candidates can download, print, fill out and send it to the institute for offline application. The application form must be submitted with all the required details and the application fee of INR 1,000.
IIRM Hyderabad PG Diploma Selection Process
The received applications are evaluated to ensure the eligibility of candidates. To get selected for admission, candidates need to submit their scores in one of the entrance exams. The institute accepts exam scores of various national and state-level Management entrance tests. These exams include CAT, GMAT, XAT, CMAT, MAT, ATMA, etc.
Those who have passed at least one exam from the IAI-ACET/ IFoA/ SOA/ CAS are not required to appear for CAT/ GMAT/ XAT/ CMAT/ MAT/ ATMA/ State CET scores. Eligible candidates must qualify in the Actuarial Proficiency Test conducted by the institute. The next round is to appear for a personal interview (PI).
IIRM Hyderabad PG Diploma Admission Confirmation
Selected candidates must confirm their admission by submitting the applicable IIRM Hyderabad fees. The total IIRM Hyderabad PG Diploma fee is INR 14 lakh for two years.
Commonly asked questions On Application Process
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
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, followed by a personal interview. Selected candidates must submit the applicable fees for seat confirmation.
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.
The application process for admission to the IIRM Hyderabad PG Diploma in Actuarial Science (PGDAS) course is conducted in online and offline mode. For online application, candidates must visit the institute's official website and click on 'Apply' under the 'Admissions' tab displayed on the homepage.
For offline application, candidates must download the application form from the official website. They must print the form, fill it out and send it to the institute through e-mail or post. Regardless of the mode of payment, candidates must submit the form along with the prescribed application fee.
Top online PG Diploma courses offered by IIRM
IIRM Hyderabad PG Diploma vs Other Similar Institutes
IIRM Hyderabad offers a two-year PG Diploma in Actuarial Science in the full-time mode. Before taking admission at IIRM, compare it with other institutes offering similar courses. Such a comparison must be based on factors like fees, placements, rankings, etc. To help aspirants make an informed choice, the below table presents IIRM Hyderabad's comparison with similar universities and institutes offering a PG Diploma:
Compare PG Diploma at IIRM with other similar colleges
| College | Median Salary | Total Tuition Fees | Ranking |
|---|---|---|---|
| -/- | ₹ 9 L | -/- | |
| -/- | -/- | -/- | |
| -/- | ₹ 45 K | -/- | |
| -/- | ₹ 1.5 L | -/- | |
| -/- | ₹ 12 K - 16 K | -/- | |
| -/- | ₹ 17 K | -/- |
Commonly asked questions On Comparisons
IIRM Hyderabad is one of the best B schools in Hyderabad. The institute has been ranked by several organisations. India Today has ranked it 5 under the 'Top B Schools' category in South India. Further, Outlook ranked it 16 among all the Government B Schools in India. IIRM has also been ranked by the Fortune India 2023 as the 5 best B school in Hyderabad.
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IIRM Hyderabad PG Diploma 2026 FAQs
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 offers a full-time PG Diploma in Actuarial Science (PGDAS). Admission to the programme is subject to the fulfilment of the eligibility criteria specified by the institute. The institute has specified the minimum requirements to be eligible to take admission to the PGDAS course. The same has been mentioned below:
- Candidates must have completed graduation or post-graduation from a recognised university in any discipline (Maths / Statistics / Econometrics / Commerce / Engineering)
- They must have valid scores in CAT/ XAT/ MAT/ ATMA/ GMAT/ CMAT/ State-level Management Tests. Alternatively, candidates must have passed at least one exam from the IAI-ACET/ IFoA/ SOA/ CAS
The list of top recruiters that visited the campus during IIRM Hyderabad placements in recent past is presented below:
IIRM Top Recruiters | ||
|---|---|---|
Deloitte | DXC Technology | Accenture |
IBM | HDFC Bank | IFFCO Tokio General Insurance Company Limited |
Wells Fargo | L&T Infotech | S&P Global |
Marsh | New India Assurance | Axis Bank |
The average package offered during IIRM Hyderabad PGDM placements 2024 stood at INR 8.39 LPA.
There are no UG Or under graduate courses at IIRM. There are only Diploma and PG or post graduate cources available. The fees for the available courses are as follows:-
1.Post graduate Diploma in management:- Rs 950000/- for full course.
2.International PGD in general insurance:- Rs 100000/- for full course.
3.International PGD in risk management:- Rs 100000/- for full course.
4.international PGD in life insurance:- Rs:- 100000/- for full course.
5.Online Executive PG Diploma in Acturial Science:- Rs 200000/- for full course.
6.Online International post graduate Diploma in Reinsurance:- 125000 for full course.
Yes, IIRM Hyderabad admissions are open. Students can apply at the official site of the institute. To start admissions, students have to check and clear the admission requirements. The institute accepts entrance-based admissions.
IIRM Hyderabad selection criteria is entrance-based. The institute considers national/ state-level entrance tests to select students. The selection process is as below:
| Course Name | Selection Criteria |
|---|---|
| PGDM | CAT/ MAT/ CMAT/ ATMA/ XAT/ GMAT/ IIRM CET+ PI + Academic Performance |
| PG Diploma in Actuarial Science | CAT/ XAT/ MAT/ ATMA/ GMAT/ CMAT/ State-level Management Tests + Actuarial Proficiency Test by IIRM |
Yes, students can get admission in IIRM Hyderabad with 60% in UG degree. The institute has not specified minimum marks. But, 60% is a decent percentage. Students can check the official site to know more.
Yes, IIRM Hyderabad does consider CAT marks for admissions. Students can submit national or state-level entrance tests for selection. CAT is one of the accepted tests. The other exams are MAT/ CMAT/ ATMA/ XAT/ GMAT/ IIRMCET.
Yes, IIRM Hyderabad is good in terms placements. The key highlights of IIRM Hyderabad placements 2024 are presented below:
Particulars | PGDM Placement Statistics (2024) |
|---|---|
Batch strength | 107 |
Students placed | 104 |
Placement rate | 98% |
the highest package | INR 15.4 LPA |
Average package | INR 8.39 LPA |
the lowest package | INR 6 LPA |
IIRM Hyderabad generally does not offer direct admissions. Students have to clear the selection rounds to get a seat. This includes appearing for the accepted entrance test. Students may contact IIRM to know more.
To get admission in IIRM Hyderabad, students have to check the eligibility first. Eligible students can then apply online. The institute selects students on an entrance basis. Selected students have to pay the admission fees to complete the process.
IIRM Hyderabad MBA average package has improved over the past three years of placements (2022 to 2024). On the other hand, the highest package has been fluctuating over the years. See the table below showcasing the IIRM placement package trends:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|---|
Highest package | INR 14.97 LPA | INR 13 LPA | INR 15.40 LPA |
Average package | INR 7 LPA | INR 8.37 LPA | INR 8.39 LPA |
Lowest package | INR 5 LPA | INR 6 LPA | INR 6 LPA |
You should have a minimum of 50 percent in your CAT, CMAT etc. This is the minimum score you should have scored in your entrance exams in order to take admission in any PGDMs. The college accepts scores of exams like CAT/MAT/XAT/GMAT/ATMA/CMAT/STATEcets/IIRM CET etc. After qulaifying in the cutoff you will be imterviewed to get the admission.
Yes, IIRM Hyderabad offers good placement to its students. The key highlights of IIRM Hyderabad placements over the past three years are presented below:
Particulars | PGDM Placement Statistics (2022) | PGDM Placement Statistics (2023) | PGDM Placement Statistics (2024) |
|---|---|---|---|
the highest package | INR 14.97 LPA | INR 13 LPA | INR 15.4 LPA |
Average package | INR 7 LPA | INR 8.37 LPA | INR 8.39 LPA |
the lowest package | INR 5 LPA | INR 6 LPA | INR 6 LPA |
Batch strength | 64 | 105 | 107 |
Students placed | 63 | 97 | 104 |
Placement rate | 100% | 100% | 98% |
As per the official website, 98% of the batch was placed during the 2024 drive. Earlier, the placement rate for the 2023 batch stood at 100%. In 2022, the placement rate recorded was 100%. The table below represents the IIRM Hyderabad placement rate trends for the past three years:
| Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|---|
| Placement rate | 100% | 100% | 98% |
The key highlights of IIRM Hyderabad placements over the past three years are presented below:
Particulars | PGDM Placement Statistics (2022) | PGDM Placement Statistics (2023) | PGDM Placement Statistics (2024) |
|---|---|---|---|
the highest package | INR 14.97 LPA | INR 13 LPA | INR 15.4 LPA |
Average package | INR 7 LPA | INR 8.37 LPA | INR 8.39 LPA |
the lowest package | INR 5 LPA | INR 6 LPA | INR 6 LPA |
Batch strength | 64 | 105 | 107 |
Students placed | 63 | 97 | 104 |
Placement rate | 100% | 100% | 98% |
Students need to provide various documents at the time of IIRM Hyderabad application. Original copies of the same must be produced at the time of admission. Find below the list of documentes needed at the time of IIRM Hyderabad application process:
- SSC/ Matriculation/ Class 10 markssheet & certificates
- Intermediate/ PUC/ Class 12 marksheet & certificates
- UG &/ Or PG marksheet & Degree
- Two Passport-size photographs
- Work Experience Letter (if applicable)
IIRM
Student Forum
Anything you would want to ask experts?Answered 10 months ago
IIRM Hyderabad's PGDM course has been repeatedely ranked by Business Today, a famous ranking agency. In 2024, Business Today placed the institute at the #81 position for its PGDM. The institute's Business Today ranking has shown an improving trend over the past three years. The same has been present
H
Contributor-Level 10
Answered 10 months ago
IIRM Hyderabad offers a two-year PGDM course in seven specialisations. The PGDM fee at Institute of Insurance and Risk Management is INR 9.5 Lacs for two years. Candidates selected for admission must submit INR 50,000 towards the registration fee. Additionally, a refundable caution deposit of INR 10
H
Contributor-Level 10
Answered 10 months ago
Candidates willing to secure a seat for PGDM at IIRM Hyderabad must start with the application process. The application form can be accessed through the institute's official website and can be submitted online/ offline. During the application process, candidates are required to submit their CAT/ GMA
H
Contributor-Level 10
Answered 10 months ago
The IIRM Hyderabad PGDM selection process includes a Personal Interview (PI). Candidates shortlisted based on their entrance exam scores must appear for the interview round. They must bring along the documents specified by the institute. A list of the required documents has been presented below:
- SSC/
H
Contributor-Level 10
Answered 10 months ago
Yes, IIRM Hyderabad is ranked by various ranking bodies for its PGDM course. Talking about the latest rankings, IIRM Hyderabad's PGDM course was ranked at the #19 position by Outlook in 2024. This made the institute the second-best Outlook-ranked MBA/ PGDM institute in Hyderabad in 2024. The institu
H
Contributor-Level 10
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Updated on Nov 22, 2025
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What is the Business Today ranking of IIRM Hyderabad's PGDM course?