The Institute of Insurance and Risk Management, commonly referred to as IIRM or IIRM Hyderabad, was founded in 2002. It is a collaborative effort between the Insurance Regulatory and Development Authority of India (IRDAI) and the Telangana State Government. As a not-for-profit government organization, IIRM offers a PGDM program with various specializations. The institute is recognized by the AICTE and the Ministry of Human Resource Development, Government of India. In 2023, Media ranked it 5th in the ‘Government B School’ category in South India. Furthermore, Fortune India placed it 5th among the top B schools in Hyderabad in 2023. IIRM has established partnerships with several organizations, including Swiss Re, RIMS, ONGO Framework, and others.
IIRM Hyderabad provides a 2-year PGDM program with specializations in Finance, Advanced Marketing, HRM, and Operations Management. Admission to IIRM is based on entrance exams. For its PGDM program, the institute considers scores from various national-level entrance exams such as CAT and XAT. Additionally, IIRM offers placement assistance to its students. In collaboration with IIT Patna, IIRM also provides a diploma program in Insurance and Risk Management. During the IIRM placements in 2024, the highest overall package offered to PGDM students reached INR 15.40 LPA. Some of the leading companies participating in the institute’s placement drive include Deloitte, PWC, ICICI Bank, and IBM. The key highlights of IIRM Hyderabad are summarized in the table below:
Particulars | IIRM Hyderabad Highlights 2025 |
|---|
Establishment year | 2002 |
Ownership type | Public Institute |
Location | Hyderabad |
Approved by | AICTE, Ministry of HRD |
Flagship programme | PGDM |
| Entrance exams accepted | IIRM CET, CAT, XAT, etc. |
Official website | theiirm.ac.in |