Global Risk Management Institute - [GRMI], Gurgaon

Gurgaon, HaryanaEstd 2015
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What's New in GRMI?

Global Risk Management Institute Admission 2024 for PG Diploma in IT Risk Management is open. Interested candidates can apply on its official website @niit.grm.institute. The last date to apply for admissions is July 27, 2024

Other Updates:

  • Aptitude Test for admissions is scheduled on July 28, 2024
  • Personal Interview will be held on August 4, 2024
...Read More

About GRMI

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Written By Aafiya Yadgir on, Jul 16, 2024

Global Risk Management Institute (GRMI), Gurgaon was established in 2015 and pioneers in providing education related to Risk Management and ensuring a successful career in Risk Management Market which is growing at a fast rate. GRMI Curriculum is the first of its kind comprehensive Risk Management curriculum in the world. The institute offers postgraduate diploma in the discipline of Risk Management. The institute is currently accepting admission to PGDRM course and PGDIRM courses from January 2024 to July 2024.

The Post Graduate Diploma in IT Risk Management (PGDIRM) offered by NIIT University along with it’s partner Global Risk Management Institute (GRMI), is a full time 6 months on-campus program followed by 6 months of Hands-On Paid Internship, making it a 1 year full-time specialized program. 

Global Risk Management Institute Highlights

Particulars Statistics
Name of the Institute Global Risk Management Institute
Also Known As GRMI
Institute Type Private
Recognized by OTHM, OFQUAL UK & UGC
Courses Offered PG Diploma
Application Mode | Fees Online | INR 2000
Potential Recruiters EY, PWC, KPMG, Deloitte, GT, Protiviti, Pepsi Co., Fortis Healthcare, Tata Communications etc
Official Website https://niit.grm.institute/
Counsellor Helpdesk 7303231390 | 9824158565
Address GRMI, Plot 88, Sector 44, Gurugram, Haryana 122003

Global Risk Management Institute Important Dates 2024

Given below are the important dates for PG Diploma in IT Risk Management admissions 2024:

Event Date
Last Date to Apply July 27, 2024
Aptitude Test Date July 28, 2024
Personal Interview Date August 4, 2024
Program Begins October 14, 2024

Global Risk Management Institute Key Facts

  • Institutional Excellence: NIIT University and GRMI
  • Industry Practitioners as Faculty
  • Strong Placement record of both NU & GRMI
  • 6-months hands-on paid internship

Global Risk Management Institute Courses and Fees

GRMI offers postgraduate programs in the discipline of Risk Management. Tabulated below are the details for the same:

Course Eligibility Duration Course Fees
PGDIRM

The candidate must possess a Bachelor’s degree or equivalent, with a minimum of 50% aggregate marks or equivalent in any discipline, from a recognized university in India or abroad (recognized by the UGC / Association of Indian Universities).

The bachelors’ degree or equivalent qualification obtained by the candidate must entail a minimum of three years of education, after completing higher secondary schooling under the 10+2 system or equivalent. It is desired that candidates complete all academic requirements before joining the program to enable them to keep pace with the rigorous and internal assessment schedule of the program.

1 year INR 7,00,000
PGDRM Bachelor’s degree with a minimum of 50% aggregate marks from a recognized university 1 year INR 9,50,000

Check: GRMI Gurgaon Courses and Fees

The candidates looking for admission at Global Risk Management Institute can follow the below mentioned steps:

  • Visit the official website.
  • Enquiry Form - Fill out the enquiry form for PGDIRM (Post Graduate Diploma in IT Risk Management).

  • Counselling - After filling out the enquiry form, the Counsellors will get in touch with the applicant to help them understand the curriculum and placement opportunity.

  • Application Form - Next, the applicants must fill in the application form after the counsellors get in touch them. Candidates should pay a non-refundable fee of INR 2000, which will be adjusted against the total fee later. The last date to apply is July 27, 2024

  • Aptitude Test - All applicants will have to appear for an aptitude test which will be held on July 28, 2024. The duration of the test will be 60 minutes. The questions will be based on business communication, logical reasoning, basic questions of risk, and IT domain. Those who qualify the test will be eligible for a personal interview (PI).

  • Personal Interviews (PIs) - The personal interview will be with a panel of academic, industry corporate experts from NU and GRMI. It will be held on August 4, 2024. The panel, with their expertise in IT Risk, will test the candidate’s understanding of the domain. The results of this round will be released one week after the interview.

  • Program Starts: The PGDIRM Program will start from October 14th, 2024 at the NU Campus, which is 105 km from the International Airport, New Delhi. It is mandatory to be part of the residential program for the first 6 months before students go for the 6-months paid internship period.

Note(s)

  1. After filling the Enquiry form, the candidate will receive an Event schedule for Counselling Webinars, Seminars, Campus Visit Schedule to meet Students, Alumni Meet-ups and discussions.
  2. Seats are on first-come, first-selected basis.  
  3. Documents required for on-boarding to be submitted before start of the program. 

Global Risk Management Institute Placement

Global Risk Management Institute ensures that their training is up to date with the corporate world and students get real experience. GRMI has partnered with many industries to provide internships where students get to participate in live projects of these partners, working with their business leaders to gain experience. GRMI has met 99.5% placements. 70% of our students convert their internship to a placement. 

The average CTC offered is INR 9.5 LPA for the PGDRM batch and highest CTC was offered at INR 13.5 LPA whereas the median CTC was at INR 9.25 LPA. 85% of alumni work with Big 4 and 95% students work in Consulting firms. Some of the past employers are EY, PWC, KPMG, Deloitte, GT, Protiviti, Pepsi Co., Fortis Healthcare, BDO Rise, Tata Communications etc.

Global Risk Management Institute Faculty

GRMI has a diverse faculty of highly qualified and accomplished individuals. They are the most distinguished scholars, who constantly do research in their respective fields. The entire faculty is extremely experienced and well versed in their subject matters. The faculty includes a total of 22 faculty members. 13/29 (45%) of the faculty members are existing industry practitioners at leading Consulting firms or corporates. A further 5/29 (17%) of the faculty members are former industry practitioners leading Consulting firms or corporates and 3/5 of these are the Core faculty members at GRMI.

Given below are the prominent faculty members of GRMI for PGDIRM course:

Faculty Name Designation
Sooraj Nair Director, Enterprise Risk, Ernst and Young
Vivek Kumar Anand Assistant Professor, Computer Science and Engineering, NIIT University 
Debasish Sengupta Area Director, NIIT University
Garima Lakhanpal Director, Business Consulting Risk, Ernst and Young

Check: GRMI Gurgaon Faculty

Global Risk Management Institute Facilities and Hostel

Hostel: The hostel fee is INR 1,62,000 for 6 Months of Hostel Stay in Single Seater Room, the fee will be paid in two instalments. It includes Boarding, Mess Charges towards standard mess food, access to facilities like sports, gymnasium, health center, library, internet. Hostel facility is provided only during the course period and not during internship.

Campus Life: The institute provides opportunities and experiences that build a community, help you grow personally and professionally, and create a place that you can call home now and throughout your life. GRMI has excellent infrastructure, equipped with all modern facilities. To enhance the student experience, GRMI provides access to a variety of clubs to join such as the Entertainment Club, CSR Club, LinkedIn Club, Entertainment Club, Sports Club, Knowledge Sessions, Excel Club, Table Tennis League, etc. 

Library: The library on the campus has a collection of 1000+ books and journals (print and e-versions having an equal spread given today’s digitally disruptive environment) and the institute has subscribed to leading Indian and foreign periodicals and journals that students can access. Access is restricted to students and faculty on campus.

Counselling: The counselors at GRMI listen to students’ issues and concerns in a non-judgmental manner that inspires their trust and helps them move in a focused manner towards their goals.

Other Facilities: Campus Safety, Academic facilities, Library, IT Facilities, Sports & Gym, Dining, and Medical.

Global Risk Management Institute FAQs

Ques. What are the advantages of enrolling for PGDIRM?

Ans. PGDIRM provides in-depth teaching and hands-on learning in cybersecurity governance, cybersecurity operations, and specific technology topics to help advance understanding of cyber-related risk and ability to govern cybersecurity audits and IT risk assessments. As threat intelligent and sustainable professionals, PGDIRM graduates help to protect network, platform and data security and data privacy. It will give a good headstart to the people who have an inclination towards IT or risk domain.

Ques. Is PGDIRM accredited by any professional body?

Ans. PGDIRM  is co-created by GRMI and NIIT University (NU). NIIT University is a university notified under section 2(f) of UGC Act and created by Government of Rajasthan through its Legislative Act.

Ques. What is unique about PGDIRM?

Ans. PGDIRM is uniquely structured with the expertise and experience of risk professionals from GRMI and NU. Students will directly learn from the industry experts and leaders in the risk domain and will have the opportunity to build their networks in the field along with practical learnings.

Ques. Is PGDIRM program only for freshers?

Ans. PGDIRM program is for freshers as well as working professionals with 0-4 years of professional work experience.

Ques. What subjects are included in the Entrance Aptitude Test at GRMI?

Ans. The Aptitude Test is of 60 minutes and consists of MCQs. The questions in the test are based on Data Interpretation, Logical Reasoning, Venn Diagrams, Approximation & Conversion, Percentages, Number Systems. Also, it includes Verbal Ability like Reading Comprehension, Sentence Rearrangement, Antonyms and Synonyms, Error Detection, Idioms and Phrases, Fill in the Blanks, Match the Columns, Jumbled word/Paragraphs, Vocabulary & Grammar, One Word Substitution, and Basic QT. There will be no negative marking in the test.

Ques. What is the expected average salary after completing PGDIRM?

Ans.  Students completing the PGDIRM program and the subsequent internship can expect an average CTC of INR 6 Lacs p.a. in their campus placement.

Ques. What are the potential careers paths for individuals completing PGDIRM?

Ans.  A student who has completed the PGDIRM program will have a thorough understanding of IT risk management and IT governance requirements and regulations. Strong business acumen, commercially focused attitude Inspiring leadership capability with the motivation to develop others, build high performing teams and effectively delegate with appropriate levels of support Excellent project management skills including ability to lead fieldwork Should be able to execute IT audits independently. The roles that the students will be aligned to can be Senior, IT General Controls (Risk Consulting), Consultant - Business Consulting Risk, Information Security Officer, Data Security Manager, Information Security Auditor, Risk Consulting, IT risk & complaince, Cyber Security Manager, and so on.

Ques. Can I apply at GRMI after rejection?

Ans. Candidates who are rejected can apply for GRMI admissions the next year.

Ques. Does GRMI oofer any scholarships?

Ans. No, there are no scholarships offered at GRMI.

Ques. I am not a graduate student but I have work experience. Can I apply for admission to the Global Risk Management Institute?

Ans. No. Only graduates with a minimum 50% score/CGPA with or without work experience of 0-4 years can apply for our 1-year PGDRM program at Global Risk Management Institute.

Ques. How can I apply for a loan?

Ans. After the selection, the candidates are guided through the entire process by the finance team of the Global Risk Management Institute.

Ques. Why should I pursue a career in Risk Management? 

Ans. Effective Risk Management is becoming critical across Industries - Service, Manufacturing, Telecom, Consulting etc. and also if you want to be an entrepreneur. 

A quick market overview - The Risk advisory services alone have a market size of $40 BN +, growing at an extremely fast rate of approx 40 - 45% Y-o-Y. Top 250 companies spend USD 30 - 50 MN each on risk-related activities This kind of market size translates it into a great career opportunity in the Risk Management domain for all aspiring professionals. With no structured and comprehensive programme in India or even globally to address the incredible skill set gap, the pioneer batch of trained Risk Management professionals will have an edge over other professionals in this space. 

Ques. What is the selection process of the Global Risk Management Institute?

Ans. The selection process of the Global Risk Management Institute is as follows:

  • Personal Interview: Once we receive the application form, an Online Interview will be set up within 7 days of the application.
  • Personal Video Interview with one of the Faculty Members or Board of Director or Program Mentor will be scheduled online over Zoom.
  • Results will be announced within 3 days from the interview.

Ques. When does the batch commence at Global Risk Management Institute?

Ans. At Global Risk Management Institute there are 2 intakes i.e.: January and July. 

Ques. Do Global Risk Management Institute offers online, part time course or distance learning? 

Ans. No. The PGDRM programme is a 1-year masters equivalent to MBA programme on-campus course and the institute do not offer online/distance learning or part time courses. 

Ques. Can graduate from any stream can apply for PGDRM course at Global Risk Management Institute?

Ans. Yes, graduate from any stream can apply for the course as this is a specialized course, any candidate who is interested in Risk Management can opt for PGDRM course. 

Ques. Does GRMI help me as a Fresher? 

Ans. GRMI has built its course curriculum on the fundamentals of ensuring that our students understand the business value chains and concepts of risk management with the ability to apply the same in the practical world. The course will focus on giving students a practical understanding across 7 key industries like Manufacturing, Service, Hospitality, Telecom, IT, Human Resources and Regulatory Compliance. This will make out students ready to explore career options across industries. 
Further, the course delivery is significantly based on the Live Case Study pattern. These case studies are developed in discussion with CXOs of Fortune 500 companies across the globe. An enviable mix of Corporate Leaders and Leading Academia delivers the content ensuring knowledge sharing through practical corporate example sharing. This combination of course structure and delivery model, positions GRMI students uniquely to qualify with great command of concepts and practical knowledge as compared to their peers. 

Ques. Is there any entrance test for admission at Global Risk Management Institute?

Ans. No. At Global Risk Management Institute there are no entrance test instead every student goes through 2 rounds of personal interview. 

Ques. What are the expected job roles a fresher can go for after PGDRM programme from Global Risk Management Institute?

Ans. The job roles a fresher can expect after the programme are Internal Audit, Third-Party Risk Management, Cyber Security, Risk Advisory, Forensic Investigation, Treasury Risk, ESG Reporting and many more. 

Ques. Does the Global Risk Management Institute provide internship opportunities?

Ans. Yes, 6-8 weeks of the internship is part of the curriculum of GRMI. The institute guarantees the internship which is related to the curriculum.

Ques. Do Global Risk Management Institute consider competitive examination marks for selection?

Ans. No. Global Risk Management Institute do not consider any competitive examination marks. 

Courses Offered By GRMI 2024

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Total Fees:₹950,000
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Why To Join GRMI - Reviews & Rating

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Admission:

You must be a graduate in any field. Firstly you have to fill out an application form and after that, you will be going through 2 phases of interviews. Your vocab should be good enough and you must possess a fair amount of knowledge about what risk is.

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Shantanu Roy kanjilal PGDM, Risk Management (Enrolled 2023) Reviewed on Mar 1, 2023
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Admission:

Eligibility of course is to have 55% in your graduation addition to your 10+2 education. Anyone who wants to apply to grmi can find their application form on their own website application fees will be shown there only plus GRMI takes two batches in a year one in January and one in July so you can apply for anyone of them. As of now I don't think so there is any improvement needed because my interview process was very streamlined and smooth everyone was very supportive.

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Ishank Agarwal PGDM, Risk Management (Enrolled 2023) Reviewed on Feb 25, 2023
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Course Curriculum Overview:

the curriculum is very well made. The syllabus/subjects are added very thoughtfully . They keep updating and changing the syllabus. The whole course is divided in to two semester. Exams are taken at the end of each semester.

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Yashi Rai PG Diploma, Risk Management Reviewed on May 7, 2020
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Risk Management

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Admission:

The campus life at our college is very enjoyable. The system of library help the students to gain knowledge through different books. Ciunselling system is also provided at the college so that the student can get a healthy environment. Indoor Game facilities and a common room is also provided. These all are the positive things about our college.

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Mohak Arora PGDM, Risk Management Reviewed on May 5, 2020
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GRMI Facilities

You can check here to see what types of facilities GRMI provides.

Library
e-classroom
Communication Centre
Medical
Auditorium
Cafeteria
Comp Labs
Hostel
Sports
Gym
Security

GRMI Faculty

Basic Information about the Faculty of GRMI

Director
Sooraj Nair
Enterprise Risk
Assistant Professor
Vivek Kumar Anand
Computer Science and Engineering
Debasish Sengupta
Area Director
Garima Lakhanpal
Director

GRMI College Details

Basic Information About the Colleges

GRMI, First Floor, Plot 88, Sector 44
Gurgaon - 122003
Haryana, India
Get SMS Contact:  9910939240
Get Call Details  9910939240
Website Link:  https://grm.institute/
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