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IIRM Fees 2026

Gachibowli, Hyderabad

4.5 /5

(17 Reviews)

109 Student Q&A

Public/Government Institute
Estd. 2002

Last updated on 26 Feb '26

IIRM Fees
What's new?

IIRM Hyderabad PGDM 2026 Applications are LIVE. Apply Now

The MAT 2026 exam result for admission to the MBA course for the CBT and the PBT modes will be announced soon.

A few more updates are given below:

The CMAT 2026 result has been declared for admission to the MBA/PGDM/MMS courses. Students can download their scorecards by logging into the official website.
The CAT 2026 registration is expected to start in the Aug, 2026 for admission to the MBA course.
The ATMA 2026 May session registration has started for admission to the MBA/PGDM/MMS courses. The last date to register is Apr 21, 2026, with the exam being scheduled for May 3, 2026.

IIRM Fees

Table of contents

IIRM Hyderabad Fee Structure
- IIRM MBA/PGDM Fees 2026
- IIRM PG Diploma Fees 2026
IIRM Student Reviews

IIRM Hyderabad Fee Structure

Upon securing admission in IIRM Hyderabad, candidates are instructed to make the fee payment in order to join the college. Interested candidates must confirm it from the institution if it allows online payment method besides offline modes, such as bank challans and direct deposits, to collect the fees. The fee information mentioned is based on the information available on the official website which can be periodically updated. Thus, it is recommended that students confirm the latest fee amounts officially before admission.

Course	Total tuition fees
MBA/PGDM (5 Courses)	₹ 8.75 LGet Fee Details
PG Diploma (3 Courses)	₹ 9 LGet Fee Details

The fees is for the entire duration of the respective courses.

Commonly asked questions
On Fees Overview

Q: Is Institute of Insurance and Risk Management good college for doing an MBA?

For MBA candidates interested in a career in finance, particularly in the areas of insurance, risk management, actuarial science, and business analytics, the Institute of Insurance and Risk Management (IIRM) is a good choice.
AICTE-approved and IRDAI-recognized, IIRM offers a two-year Post Graduate Diploma in Management (PGDM) program.
There are nine specializations available in the program, and the curriculum is updated frequently to meet the changing demands of both academia and industry. In addition, IIRM boasts cutting-edge facilities, a committed career advancement cell, a capable academic council, and knowledgeable faculty.
India Today ranked IIRM 120th among MBA programs in 2023. Among the top IIRM recruiters are Deloitte, Accenture, HDFC Bank, and Kotak Mahindra, etc.

Q: Is IIRM Hyderabad worth joining?

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

Q: What is the fee for UG courses at Institute of Insurance and Risk Management?

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.

Q: What is the fees for IIRM Hyderabad PGDM?

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 10,000 must also be paid by the selected candidates. The mentioned fees are sourced from the official website of the institute/ sanctioning body. It is still subject to change and hence, is subject to change.

IIRM
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Courses & Fees

IIRM
MBA/PGDM Fees 2026

At the PG level, IIRM Hyderabad provides MBA/PGDM programme to the students. Candidates are admitted to the 6 months - 2 years course on the basis of merit. To be eligible for the final admission offer, candidates must take part in the IIRM Hyderabad admission process. Those who receive the final offer can complete their candidature by paying the IIRM Hyderabad fee for the MBA/PGDM programme.

Fee components	Amount (for 2 years)
Tuition The fees might include components other than Tuition Fees.	₹ 8.75 L
Hostel Meal Plan is included in mentioned fee. The fees might include components other than hostel fees.	₹ 2.6 L
One-time Payment The one-time fee includes Caution Deposit (Refundable).	₹ 10 K
Other Fees	₹ 55 K
Total fee	₹ 12 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 4.5/5 (17 Reviews).View placement details

Get Admission Details

IIRM
MBA/PGDM Fees Comparison

Colleges	Tuition Fees	Hostel Fees
IIRM	8.75 L	2.6 L
Institute of Public Enterprise Compare	9 L	-/-
Ashoka School of Business	8.2 L - 9.1 L	-/-
MANAGE	15 K - 8.5 L	-/-
Siva Sivani Institute of Management Compare	8.4 L	3.1 L

The value are of the latest years available with Shiksha.

View comparisons

Commonly asked questions
On MBA/PGDM Fees

Q: What are people's opinions on Institute of Insurance and Risk Management for MBA?

The opinions for IIRM Hyderabad are mostly positive. People have given positive opinions for factors like placement, infrastructure, courses, faculty etc. The rating which people have gave to this college is 8.5 out of 10 on an average. People have reviewed that it is one of the best colleges of India. The main thing that people have rated the best is the campus life and placement, the highest package is 15lpa and average is 9 LPA which is a good amount. So if you want to take admission in this college it will be a good choice.

IIRM
PG Diploma Fees 2026

At the PG level, IIRM Hyderabad provides PG Diploma programme to the students. Candidates are admitted to the 15 months course on the basis of merit. To be eligible for the final admission offer, candidates must take part in the IIRM Hyderabad admission process. Those who receive the final offer can complete their candidature by paying the IIRM Hyderabad fee for the PG Diploma programme.

Fee components	Amount (for 2 years)
Tuition	₹ 9 L
Hostel	₹ 2.6 L
One-time Payment	₹ 10 K
Total fee	₹ 11.7 L

These are estimated fees information. Actual values may differ.

Get Admission Details

IIRM
PG Diploma Fees Comparison

Colleges	Tuition Fees	Hostel Fees
IIRM	9 L	2.6 L
Imarticus Learning Compare	2.75 L	-/-
Kamaxi College of Culinary Arts	1.8 L	-/-
IMS Proschool, Hyderabad	1.5 L	-/-
NIEM	95 K	-/-

The value are of the latest years available with Shiksha.

View comparisons

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IIRM
Students Ratings & Reviews

4.5/5

17 Verified Reviews Info Icon

4-5
12
3-4
5

Placements4.5

Infrastructure4.3

Faculty & Course4.6

Campus Life4.4

Value for Money4.5

Anonymous

Post Graduate Diploma in Management (PGDM) - Batch of 2021

3.8

3Placements4Infrastructure4Faculty4Crowd & Campus Life4Value for Money

Review for the PGDM from the IIRM, HYDERABAD.

Placements: The placements cell of IIRM tries it's best for the students placements. Around 40–45% of the students get placed at the IIRM. The average package offered for the BBA course was between 4 and 6 LPA. Companies like Deloitte, Accenture, Zoho, Capgemini, etc. visit the college for placements.

Infrastructure: IIRM had a really big and beautiful campus. The infrastructure available for the PGDM course at this college was good. The facilities of the college were of good quality and properly maintained by the college management. Wi-Fi, labs, library, canteen, hostel, sports, medical, and other necessary facilities were provided to the students. The facilities offered in the hostel were also of good quality.

Faculty: The faculty for the PGDM course was well qualified and knowledgeable at the IIRM Hyderabad. Teachers at the college were helpful and supportive of the students. Professors were giving placements and internship training to the students. The course curriculum followed at the college was relevant, and it made the students industry-ready. Exams at the college were not hard to pass for our course.

Reviewed on 11 Jun 2024Read More

Rohit Kumar Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2025

4.8

5Placements5Infrastructure5Faculty4Crowd & Campus Life5Value for Money

Ideal for those aspiring to excel in Insurance and Risk Management.

Placements: The institute boasts an outstanding placement cell, excelling in connecting students with top recruiters like Marsh India Insurance Brokers Private Limited, Mahindra Insurance Brokers, HDFC, Kotak, and Deloitte. The comprehensive Summer Internship program ensures every student secures valuable industry experience, gaining real-time insights. This two-month internship opportunity further enhances students' skills and understanding, preparing them for successful careers in their respective fields.

Infrastructure: IIRM features a Wi-Fi-enabled campus, well-equipped with computer labs, classrooms, and a library housing extensive reference books and subscribed journals. The institute offers quality hostel facilities with daily housekeeping, and the mess serves tasty, healthy food based on the student committee-approved menu.

Faculty: IIRM boasts an exceptional faculty, comprising highly qualified professionals with industry expertise, guiding students towards their destinies. The institute consistently updates its curriculum to align with emerging industrial needs, ensuring students meet industry standards and become industry-ready.

Other: India's rising global prominence is accompanied by accelerated growth in the insurance sector. Amid this pivotal phase, the opportunities for Insurance and Risk Management Graduates are evident. IIRM stands as the premier institute offering PGDM in Insurance and Risk Management, producing top-notch management trainees to meet the industry demands.

Reviewed on 26 Feb 2024Read More

Subramanyam Potla Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2025

4.6

5Placements4Infrastructure5Faculty4Crowd & Campus Life5Value for Money

IIRM is the Top-Notch institute in Insurance and Risk domains.

Placements: This institute has a good placement cell, which is excellent in its work. The top recruiting companies include Marsh Insurance brokers, Mahindra insurance brokers, HDFC group, Kotak, Deloitte, etc. Every student will get the internship opportunity to work with industry, gain real-time experience, and gain industrial insights during the 2 months of the summer internship programme.

Infrastructure: IIRM is a Wi-Fi-enabled campus with a computer lab, good classrooms, and a library with a large number of volumes of reference books and subscribed journals. The institute provides good hostel facilities with daily housekeeping services. The mess provides tasty and healthy food with a student committee-decided menu.

Faculty: IIRM had excellent, highly qualified, and knowledgeable faculty with industry experience who could help the students pave the path for their destiny. The institute continuously upgrades its course curriculum according to emerging industrial requirements, which will help the students meet industrial standards and make them industry-ready.

Other: India is becoming a country of growing importance in every aspect across the globe. The country is in its best phase now. During this period of growing importance, the insurance sector is growing at a faster rate than before. This clearly shows the opportunities ahead for the insurance and risk graduates. IIRM is the premier institute offering the PGDM in Insurance and Risk Management and providing the best management trainees to the industry.

Reviewed on 25 Feb 2024Read More

Chada Sesha Sai Iswarya Balaram Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2025

4.4

4Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money

Complete Review Of IIRM.

Placements: Currently, the placement rate stands at approximately 90% for the batch of 2022-24. The highest salary package offered reaches 1,800,000, while the lowest salary offered was 7LPA. Notably, MARSH and DELOITTE are the prominent recruiting companies. I am delighted to share that I have secured an internship position in a highly esteemed company, as assured by the institute. I am grateful for the opportunity to be a part of this institute and contribute to the development of my career.

Infrastructure: The food service quality they offer is exceptional, and the curriculum is constantly updated to prioritize practical knowledge for students. The hostel provides both 2-share and 3-share rooms, along with a well-maintained mess offering a menu that includes both North and South Indian cuisine.

Faculty: The instructors possess excellent qualifications, and the exchange of knowledge occurs on a daily basis. This MBA program has been meticulously designed to equip students with the necessary knowledge and skills to thrive in today's fiercely competitive business environment. It covers a wide range of topics, including corporate governance, business model innovation, strategy execution, and strategic analysis.

Reviewed on 20 Feb 2024Read More

Sai Revanth Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2024

4.6

5Placements4Infrastructure5Faculty4Crowd & Campus Life5Value for Money

Review of the Institute of Insurance and Risk Management.

Placements: Placements are very well done; most of the senior students are placed. The highest package is 16 LPA, and the least is around 6 LPA. The top recruiters are from the Insurance sector and Banking sector, offering a wide range of roles. The top recruiters are from Marsh, Niva Bupa Health Insurance, AON, HDFC ERGO, SBI General Insurance, etc.

Infrastructure: The college offers good infrastructure with good hostel facilities. There is an option for Double and Triple Sharing of rooms in the hostel. There are facilities like Gym, Badminton Court, Recreation room with TV, Table tennis room, etc., for refreshing.

Faculty: The faculty is very good in their respective domains, and there is expertise in every domain offered by the college. The college offers a specialized course in Actuarial with good faculty. The curriculum is quite similar to the industry's needs and requirements, offering Trimester courses.

Other: The college conducts an annual program called WeBhinn, where students can showcase their talents in cultural and sports events.

Reviewed on 15 Feb 2024Read More

Sri khushaal Yarlagadda Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2022

5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money

Best MBA/ PGDM college in India Best place to learn, grow and develop professionally.

Placements: There was 100% Placements for 2022 batch students, starting from 15 Lacs per annum onwards and most of the pioneer companies have arrived for placements this year. Most of the students got pre placement offer through their internships which were paid internship starting from 40,000 stipend per month.

Infrastructure: College infrastructure is amazing, and wonderful precisely memorable and pleasant environment of the college, especially hostel Life was most wonderful life at IIRM. Hostel can be rated as 5 star hostel due to the ambience, and other facilities such as Wi-Fi, TV and tt room, laundry facility. Overall its a great place to learn and grow professionally.

Faculty: Faculty are the best at this college compared to any other colleges in Hyderabad and any other metropolitan city MBA colleges, well-equipped with knowledge, and experience. Curriculum is dynamic, and well designed to student for their contemporary world and technology.

Other: One of the unique courses are been facilitated at IIRM college, well established with best of the student life atmosphere. Every 3rd Saturday of november is the most memorable day of every student at IIRM. College conducts fest called webin Every year with the current batch students. That reminds every beautiful moments of the college.

Reviewed on 28 Dec 2022Read More

View All 17 Reviews

IIRM

Student Forum

Anything you would want to ask experts?

Write here...

Can I get admission in IIRM Hyderabad with 60% in graduation?

Answered 3 weeks ago

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.

Pallavi Karan

Contributor-Level 10

Can I get direct admission in IIRM Hyderabad?

Answered 3 weeks ago

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.

Upasana Harsha

Contributor-Level 10

How can I get admission in IIRM Hyderabad?

Answered 3 weeks ago

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.

Anangsha Aggarwal

Contributor-Level 10

Are admissions open at IIRM Hyderabad?

Answered 3 weeks ago

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.

Nishtha Hazarika

Contributor-Level 10

What is the selection criteria at IIRM Hyderabad?

Answered 3 weeks ago

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

Nishtha Jain

Contributor-Level 10

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