IIRM is the only dedicated Institution for education in Insurance and Actuarial Science in the World. It is unique in character as the Institute is promoted by the Regulator with the sole aim of developing the required work force for the entire Insurance sector. The Institute offers education through the regular and distance modes.
The Institute offers a 2 years PGDM Master's Level Program approved by AICTE. This course is aimed at providing students the necessary inputs in General Management subjects and domain knowledge in Insurance and Financial Service areas.The candidate can choose specialization in Life Insurance/General Insurance/Financial services.
The Institute's One year PG Programs in Insurance (General, Life, Risk Management) &Financial Services has been began in existence for over a decade.On successful completion of the course(IPGD), candidates get opportunities to be absorbed in Insurance Companies, Banks, IT and Other Companies.
To promote Analytics and Actuarial Science IIRM launched under the title PG- CAAS. One and half year course in Analytics & Actuarial Science .This course offers a unique combination of domain knowledge in Analytics & Actuarial Science with practical inputs at India's Premier Data Analytics Organization (IIB) promoted by IRDAI. The Course has good job potential in the entire Financial services and IT sectors.
The institute's One year PG Program in Actuarial Science in addition to other courses titled PGDAS is well accepted by the Insurance Industry.The subjects taught include Financial Mathematics, Finance and Finance Reporting, Probability and Mathematical Statistics, Models, General Insurance, Life and Health Contingencies , Statistical Methods, Business Economics and Financial Economics