Post Graduate Diploma in Management - Insurance and Risk

PGDM Risk and Insurance Management

‘All of life is the management of risk and not its elimination’.

Making businesses profitable is about taking calculated risks. Because taking higher profitability decisions undoubtedly come with higher risks. When management is added to risk, risk changes from vulnerability to strength.

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. Risks associated with businesses, precisely, the political, information and financial risks have to be dealt efficiently in today’s competitive world. There is need for risk mitigation strategies that reduce organizational liability and maximize growth.

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. It educates you on the legal, social and institutional environments related to the occurred losses. The very specialised program is designed to take you through business risks in financial and insurance services, corporate governance and business sustainability.

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

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

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
S3IRM1 Risk Analytics 4
- Elective Basket (Select Any One)
4

S3EL1 Business Ethics and Corporate Social Responsibility 4
S3EL2 Marketing of Financial Services 4
S3El5 Social Media Marketing 4


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


Any Graduate

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

Fee Students

Fee Option Installment I Installment II Installment III Total Fee
Lumpsum - - - ₹ 55,000
Installment ₹ 25,000 ₹ 18,000 ₹ 18,000 ₹ 61,000

Fee Structure For NRI Students

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

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