Scheme of Instruction Period per
Week

Marketing
Management

Scheme of Instruction Period per
Week

Financial Risk Management

POST GRADUATE DIPLOMA IN INSURANCE & RISK MANAGEMENT

Duration: 1 year

Semesters :

Instruction will be offered for 2 semesters with courses specified in the scheme of instruction and a project work at the end of both the semesters.

Minimum Eligibility:

Graduates pursuing professional courses like CA / ICWA / ACS / CFAcan also apply.

• Original Certificates should not be sent. IIIF will not assume any responsibility for loss of certificates. Only photo copies of certificatesshould be enclosed as directed.
• Two references - one of the teacher, who taught the candidate either at University or College level and another of employer (if employed) or a suitable person should be furnished. Very objective assessment of student is required from them, in case of request. It is intended to be an attempt to understand a candidate genuineness as an enthusiastic learner with positive mind.
• Completely and properly filled and submitted application forms will be acknowledged. Applications can be sent by post/courier or submitted personally. However, IIIF will not be considering any postal/ transmission delays. Candidates are, therefore, advised to submit the applications personally.
• Candidates are advised to note the validity date and strictly ensure that applications reach in time and further they are advised to retain a photocopy of application form and demand draft which can be produced in lieu of Test Card, in case the 'Test card' is not received to appear for entrance examination. They should also produce one passport size photograph.
• The candidates should enclose a demand draft for Rs.500 towards entrance test fee. DD should be drawn in favour of IIIF, payable at Hyderabad.
• The candidates should enclose one passport size photograph in addition to the one at fixed on the application.

Admission:

Admission to PGDIRM is open to all, and is based on merit secured in an entrance test(s), designated, together with the criteria set by the Academic Advisory Committee of PGRRCDE, OU-IIIF from time to time. To the extent of 15% of the intake capacity for this course will be reserved for OU Graduates. However, these seats shall be filled as per the norms of PGRRCDE. Further the above 15% shall not include such of the OU Graduates who are admitted in the first 85% seats on the basis of merit. If any seats reserved for OU graduates remain unfilled, the same may be filled by other eligible candidates.

Payment Structure: Per Annum

• Students shall collect study material by paying the charges as notified by IIIF on admission to the course.

Payment Structure: Per Annum--NRIs/Company Executives

Payment Schedule: Foreign Nationals

* Study material charges will be extra.

Payment Schedule:

• The fee/ charges will be paid through only drafts, drawn in favour of "International Institute for Insurance and Finance", payable at Hyderabad.( Please note that cheques will not be accepted)
• The examination fee for semester - end examinations should be paid as per periodical notifications by the Controller of Examinations, Osmania University.
• Ten seats will be allocated to corporate sponsors. Employees having not less than 3 years experience in a registered NBFC with RBI/insurance organization/Commercial bank/marketing outfits (with annual turnover of Rs.5 crores and above), can be sponsored by their respective employers.
• Such candidates should specify the category at right hand top corner of application in block letters, while submitting the application and attach relevant proof of candidature and have to appear in the admission test.

Withdrawal and Refund Policy :

A candidate, who withdraws from the program within one week from admission date, will get total refund of the fee except admission fee; admission fee will not be refunded. No requests for refunds will be entertained thereafter.

Study Material:

In certain courses, supplementary study material will be supplied by the Institute. However, textbooks should be procured by students on their own. The Institute will help in procurement, if required, because of non-availability of certain books in local/Indian market.

The Selection criteria comprise the following heads:

i) Written Test - Two Hours
ii) Micro Presentation (MP) - A brief presentation for about 10 minutes on a given topic

I. Written Test:

A) Candidates, aspiring for a career in Insurance and financial services, should have a good command over mathematics /statistics, besides English and possess excellent analytical and reasoning skills.

The admission test will have objective questions, and a candidate should complete it in 2 hours. The following areas will be covered in the test:

1. Quantitative Ability
2. Data Adequacy
3. Vocabulary and writing skills (correction of errors etc)
4. Analytical Reasoning
5. Reading Comprehension
6. General awareness - general business, economic and finance areas
7. Attitude Discovery.

The rigor of the 'Quantitative Ability' would be of XII standard and for the remaining, average graduation standard is required. 


B) Test Center :

The Admission test is proposed to be conducted at the following centers:

* Subject to number of applications received from particular center.

The candidate should mention his/her preference of three centers in the application. He/She may be allotted any one center. The decision of IIIF in this regard will be final.

II. Waivers :

Candidates having obtained a score of 50% or above in GMAT/AIMAT/ATMA/ICET and similar tests need not appear in the Written Test, subject to production of score card to the satisfaction of IIIF.

However, such candidates will have to appear for MP.

III. Micro Presentation (MP):

The candidates are required to participate in Micro Presentation(MP).

Each candidate, will be assigned a topic of current interest (general and not pertaining to any specific subject) and he/she will be required to make presentation for about 10 minutes. The marks for MP will be 100.Selection will be based on aggregate score of the candidate on the above selection criteria.

IV. Award of Degree:

i) The PG Diploma in Insurance and Risk Management will be awarded to a candidate who pursued the course of study for one academic year and has passed all the examinations as prescribed in the scheme of examination.

ii) The full course of study for eligibility to appear in the Examination of any semester shall mean putting an attendance of not less than 75 per cent aggregate in all subjects put together listed in the syllabus.

iii) A condonation to the extent of 10 per cent in attendance shall be granted on medical grounds with the approval of the Vice Chancellor on production of Medical Certificate and by paying a fee of Rs 500.

iv) In any semester of the course, if a candidate fails to secure the minimum percentage of attendance, he or she shall have to enroll himself / herself to undergo afresh a course of study of the corresponding semester in the subsequent academic session in order to become eligible to appear for the examination.

V. Course Certificate:

On successful completion of the entire evaluation, including project work, students will receive the PG Diploma Certificate from Osmania University, signed by the vice chancellor.

VI. Alumni Association:

The qualified student, on enrollment by paying Alumni membership fee, will be made member of the Alumni Association. IIIF will act as a facilitator of the Association to organize periodical conferences / meetings for alumni to exchange views and carry out other activities