Distance Learning Courses

Post Graduate Diploma in Management - Insurance and Risk

PGD in 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
S1C04 Financial Accounting & Analysis 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 Analyticse 4
S2C12 Business Ethics and Corporate Social Responsibility 4

Code Subject Credits
S3C13 Project Management 4
S3IR1 Principles and Practice of General Insurance 4
S3IR2 Life Insurance 4
S3IR3 Fire and Marine Insurance 4
PWMI1 Project Work 6
- Elective Basket (Select Any One)

S3IT8 Information Technology and E - Commerce (ITEC) 4
S3MM6 International Marketing (IM) 4
S3SC4 Inventory Management (IvM) 4
S3SC5 Just in time and lean (JTL) 4
S3OP4 Total Quality Management 4
S3FM7 Investment Planning and Management (IPM) 4
S3HR7 Compensation and Benefits Management (CBM) 4
S3PM4 Industrial Practices and Case Studies (IPCS) 4


  • Course Duration: 18 Months
  • Eligibility: Any Graduate

Course Fee

Fee Option Installment I Installment II Total Fee
Lumpsum - - ₹ 38,000
Installment ₹ 21,000 ₹ 19,000 ₹ 40,000

Course Fee NRI Students

Fee Option Installment I Installment II Total Fee
Lumpsum - - $ 2,600
Installment $ 1,900 $ 900 $ 2,800

Note : Installments need to be paid within 6 month from the date of admission.

As risk 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