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IIRM PG Diploma Courses & Fees 2025: Eligibility, Admission Process, Entrance Exam
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Last updated on 3 Jun '25IIRM PG DiplomaWhat's new?
The entrance exam results for IIRM Hyderabad PG Diploma admission 2025 will tentatively be released on June 17, 2025.
IIRM Hyderabad PG Diploma Eligibility & Highlights 2025
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
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.
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.
IIRM PG DiplomaPopular courses
IIRMFees details 2025
| Fee components | Amount (for 15 months - 2 years) |
|---|---|
₹ 2 L - 14 L | |
₹ 2 L - 14 L |
These are estimated fees information. Actual values may differ.
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IIRM Hyderabad PG Diploma Admission Dates 2025
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:
| Dates | Past Events |
|---|---|
30 Apr '25 | PG Diploma Last date to apply |
Commonly asked questions On Admissions
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
No, IIRM Hyderabad PG Diploma admissions 2025 are not open. The institute concluded its application process in April. The last date to apply was April 30, 2025. The entrance exam was conducted on May 30, 2025. The institute is expected to release the entrance exam results on June 17, 2025. The programme is set to commence on July 7, 2025. Candidates willing to take admission to the programme will have to wait for the next admission cycle.
IIRM Hyderabad PG Diploma Admission 2025: How to Apply?
PG Diploma admission at IIRM Hyderabad is a multi-step process. It includes the application process, appearing for an accepted entrance exam, appearing for a Personal Interview (PI), etc. The entire process of IIRM Hyderabad admission for the PG Diploma programme can be divided into three major steps. These steps are discussed below in detail:
Step 1: IIRM Hyderabad PG Diploma Application Process 2025
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. It can also be sent to the institute via email. The application form must be submitted with all the required details and the application fee of INR 1,000.
Step 2: IIRM Hyderabad PG Diploma Selection Process
The received applications are evaluated to ensure the eligibility of candidates. To get selected for admission, candidates must submit valid 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). Final selection is based on the applicants' academic records, entrance exam scores and performance in the PI round.
Step 3: 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. The mentioned fee is sourced from the official website of the institute/ sanctioning body. It is still subject to change and hence, is indicative.
Commonly asked questions On Application Process
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.
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.
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.
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, candidates may want to compare it with other institutes offering similar courses. Such a comparison must be based on important parameters, such as fees, placements, rankings, etc. To help aspirants make an informed choice, the following 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 |
|---|---|---|---|
| -/- | ₹ 2 L - 14 L | -/- | |
| -/- | ₹ 3.05 L | -/- | |
| -/- | ₹ 28.9 K - 40.9 K | -/- | |
| -/- | -/- | -/- | |
| -/- | ₹ 17 K | -/- | |
| -/- | ₹ 95 K | -/- |
CompareCommonly asked questions On Comparisons
IIRM Hyderabad offers PG level courses in the fields of Management and Acturial Sciences. Candidates willing to compare the institute with other institutes offering similar courses must consider the factors that they find important as per their preferences and priorities. These factors must be compared on the information available on their respective official websites or other web portals online. They can also compare the student reviews on IIRM Hyderabad and other similar institutes. Some factors that they can consider for comparison are listed below:
- Location, infrastructure and facilities
- Specialisations, course structure and curriculum
- Fees, placements, ROI
- Scholarships and fee assistance
- Selection criteria/ Entrance exams
- Rankings and accreditations
IIRM PG DiplomaExplore Other Courses
IIRM Hyderabad PG Diploma 2025 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
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 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
IIRM
Student Forum
Anything you would want to ask experts?Answered 4 months ago
The IIRM Hyderabad PGDM curriculum is divided over the course duration of two years. The course duration is further divided into six trimesters. Each year comprises three trimesters. The course curriculum for PGDM at IIRM Hyderabad includes the following:
| Year 1 | Year 2 |
|---|---|
|
|
H
Contributor-Level 10
Answered 4 months ago
IIRM Hyderabad offers a two-year PGDM in various specialisations. The institute provides placement assistance of up to 100% to its students. Based on the data available on the institute's placement drive in 2024, a placement rate of 98% was recorded for the batch of 2022-24. The highest salary pack
H
Contributor-Level 10
Answered 4 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 4 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 4 months ago
As per the available information, there is no provision for direct admission to the PGDM course of IIRM Hyderabad. The first requirement to secure PGDM admission at the institute is for the applicants to fulfil the eligibility criteria specified by the institute. Further, candidates must have a vali
H
Contributor-Level 10
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Updated on Jun 3, 2025
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