The Insurance Times 2023, The Insurance Times June 2023

Crafting Industry Ready Human Resources

IIRM, Hyderabad “The Emerging Institute of National Importance with excellent industry connect”

The Institute has been in existence for over a decade and is mandated to deliver excellence in education that meets the changing need of the rapidly growing Industry and Economy at large, with the sole aim of developing an employable workforce.


IIRM makes its students industry-ready by imparting right courses that focus on domain knowledge and technology. With its industry- driven feedback course curriculum, the Institute of Insurance and Risk Management (IIRM), Hyderabad, has been developing an employable workforce for Insurance, Risk Management,Financial services and other sectors.

What keeps students of this top B-School in Hyderabad in demand is that they are imparted industry required skills, through the curriculum which is constantly aligned towards the industry needs under the guidance of our expert academic committee.

Apart from designing industry-related courses, the B-School focuses on each student and individual mapping is done to help students do better academically and professionally as well. As you are aware IIRM, which is a joint Initiative of the Insurance Regulatory and Development Authority of India and the State Government, commenced its operations in the Financial District, Gachibowli in 2004. This self-financing autonomous institute started 2 years PGDM program in 2015.

Students joining the IIRM can be confident of securing a job upon completion of the course as the institute records 100 Percent placements since its inception. The Highest pay package offered this year is Rs.18Lakh per annum and the average package stands at Rs.9.5 Lakhs per annum. Every year, the pay packages offered to the students are also on increasing. On an average, more than 80 companies like Deloitte, Wells Fargo, IBM, Infosys, Bajaj Allianz, HDFC, Ergo, TCS, and Tata Motors take part in the campus placements drive and roll out job offers.

IIRM campus project was conceptualised under two phases. While phase I has been completed, the management plans to take up Phase II where the institute will be further developed. PGDM program with dual specializations of Insurance, Risk management, ,Actuarial Science, Finance, Advanced Marketing,Analytics Operations Management,and. HRM, In fact, it is only, B-School to offer Actuarial Science in PGDM.

In addition,wealso offershort-term certification programs and Distance learning (for working professionals)

The B-School, which started with 60 seats, now has 180 seats. Admissions for the year 2023 are open and students can apply through the Website.


Dr. V.V.K Mohan Principal, IIRM, who oversees the academic activity and shaping the Institute as a Centre of Excellence and An Institute Of National Importance. He has over 34 Years of Industry and Teaching Experience.

Academic rigor is further maintained by the student centric approach to make every student of the institute industry ready by the principal Dr. V VV K Mohan who brings in vast industry experience along with excellent teaching pedagogy ensuring in bringing out the best from each and every student.

Institute has excellent industry connect which is fortified by the MOUs from different organisations of the industry in the areas of academics, training, executive programs, certificate programs, industry curated specific interventions, workshops, webinars and various activities which strengthens the insurance industry through knowledge dissemination.

All-India Entrance Test: IIRM proposes to conduct our own assessment test,Preferably from 2024-26 batch. the IIRM plans hold an All-India entrance test for the admissions. They will continue to take valid sores of the CAT, CMAT and MAT until their own test becomes popular among the audience.

Trends in Insurance: The insurance sector is also transforming into tech-based work. Hence B.Tech qualified students with Insurance knowledge are the most sought- after candidates today and there is a lot of growth prospects. All the routine activities are now being done with the help of technology, tech-savvy people with industrial knowledge are the need of the hour.  Today, technology and domain knowledge are becoming very important and the Institute is focusing on these aspects. The future is bright for the students who opt for the risk management field. IIRM has the robust ecosystem for such students.

Sought- after courses:Risk Management and Insurance courses are the most sought-after ones. Courses in financial services, marketing and analytics are also in demand.

New Courses: The institution is on the verge of launching short- term courses of six months /one-year modules for the working professionals co-curated by the industry majors for their career progression.

Thus IIRM is contributing on a 3600 mode to up skill the talent of the Insurance Industry.

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