IIT Patna and IIRM to Offer a Diploma in Insurance and Risk Management in Hybrid Mode. Check Details Here

New Delhi: IIT Patna and the Institute of Insurance and Risk Management (IIRM) offer a Diploma program in Insurance and Risk Management. The program is for six months duration offered in a hybrid mode.

The eligibility required for candidates to get admission into this Diploma course is engineering graduation/post-graduation at IIT Patna; alumni of IIT Patna/IIRM and any other students may also pursue this course with approval from IIT Patna.

The program has a total credit of 10 designed to create a group of skilled professionals experts in insurance, risk management, and related financial segments in addition to their regular graduation course, which will help them to pursue careers in various sectors.

Subjects covered under the Diploma include an overview of the insurance industry, principles and practices of insurance, underwriting, claims management, financial risk management, fundamentals of risk management, principles of risk assessment, risk quantification, and modelling, and an introduction to actuarial science.

The total fee that candidates need to pay is INR 42000 with 18% GST, which is INR 49,560. The field of risk management is transforming, and McKinsey reports that the next few years in risk management will change more than in previous decades. A career in risk management allows a professional to have a significant impact on their organization.

The continuously expanding insurance and risk industry is releasing many opportunities for people with technical backgrounds. There is greater scope for the technical people, given their capabilities to address the complexities associated with the insurance and risk industry.

Also Read:

• IIT Patna to Host the IIT Placement Committee Meeting on September 23; Check Details Here

• IIT Patna Placement 2023: Over 400 Job Offers Made, 13 Students Secured Package Over INR 50 LPA

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