• Eligibility Any graduate
  • Course Duration 21 Months
Course Fee: ₹ 65,000
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Profitable business and risk go hand-in-hand. Taking decisions for increased profitability undoubtedly comes with higher risks. There is a need for risk mitigation strategies that reduce organizational liability and maximize growth.

With risk, comes necessary insurance. The dynamics of insurance are changing with the changing business models and products, and the insurance industry is adapting to the ever-evolving business risks.

The program Post-Graduate Diploma in Insurance and Risk Management successfully integrates the relevant knowledge base from finance, quantitative analysis and management domains to prepare you for immediate absorption in the industry. The program takes you through business risks in financial and insurance services, corporate governance and business sustainability.

Learning Outcomes:

  • Learn the basics of General Insurance, Marine Insurance, Fire Insurance and Life Insurance
  • Understand the risks involved in the insurance sector
  • Understand the Insurance Regulatory & Development Authority (IRDA) rules and guidelines
  • Understand the details of types of insurance
  • Learn to analyze, evaluate and strategize for the potential risks


  • Semester I

      Code Subject Credits
      S1C01 Principles of Management 4
      S1C02 Indian Economy and Policy 4
      S1C03 Business Communication 4
      S1C15 Accounting for Managers 4
      S1C05 Marketing Management 4
      S1C06 Legal and Business Environment (Micro and Macro) 4
  • Semester II

      Code Subject Credits
      S2C07 Management Information System 4
      S2C08 Human Resource Management 4
      S2C09 Research Methodology and Management Decision 4
      S2C10 Strategic Management 4
      S2C11 Business Analytics 4
      S2C16 Financial Management 4
  • Semester III

      Code Subject Credits
      S3C13 Project Management 4
      S3M08 Principles and Practice of General Insurance 4
      S3M09 Life Insurance I and II 4
      S3M10 Fire and Marine Insurance 4
      S3EL1 Business Ethics and Corporate Social Responsibility 4
      - Elective Basket (Select Any One)
  • Elective Basket (Select Any One)

      S3EL3 HR Analytics 4
      S3EL2 Marketing Analytics 4
      S3El5 Supply Chain Analytics 4
      S3FM4 Financial Analytics 4
  • Project Term – 3 Months

      S. No Subject Credits
      1 Desk Research 2
      2 Project Work 4
Fee Structure

Fee Option Installment I Installment II Installment III Total Fee
Lumpsum - - - ₹ 65,000
Installment ₹ 25,000 ₹ 24,000 ₹ 24,000 ₹ 73,000

Fee Structure For NRI Students

Fee Option Installment I Installment II Total Fee
Lumpsum - - $ 1,800
Installment $ 1,000 $ 1,000 $ 2,000


Course Duration Extension Validity
21 Months (18 + 3 months project work) 6 Months 2 Years 3 Months

Potential Career

All Life is an integral part of every business model, by doing this course, you can explore career opportunities as:

  • Product Manager
  • Insurance Underwriter
  • Financial Analyst
  • Risk Management Consultant
  • Risk Manager
  • Inventory Administrator
  • Strategy Manager
  • Organizational Planning Director