Frequently Asked Questions
Why should I pursue a career in Risk Management?

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 has a market size of $10 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 a market size translates it into a great career opportunity in 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.

Is Risk Management a right career for me? How do I know if this is something I should build my career in?

If you are looking to have a fast paced dynamic career, with extensive opportunity to learn and contribute to the success of an organization, then you should explore a career in Risk Management. If you like problem solving, approaching problems with an analytical approach and contribute in enhancing organization performance, then you are the right candidate for this.

Risk Management opens up global opportunities to work across industries like consulting, manufacturing, services etc. and key business processes like – finance, treasury, operations, supply chain, compliance, controllership, HR etc.

As our experience serves us, people with passion to learn, good analytical skills, a logical thinking process, ability to understand business and great communication skills have transformed into extremely successful Risk Management professionals.

I need to make a call, whether to go for Masters or do a job to gain industry experience first. But by doing this, I push my career start day by 2 – 3 years. How can I kick start my career?

One needs to evaluate the real objective they want to achieve by taking the next career decision.

One picks up a corporate job to gain some practical exposure before going for masters to understand and apply the concepts he learns in the class better. Some students, plan to learn the concepts in class room upfront, and hope they get skilled adequately to get a business role, that helps them to contribute to the organization success from day one.

With GRMI, we are offering a unique opportunity to our students to get the best of both the worlds together, and get skilled in specialized skillsets that make them ready for guaranteed value addition business roles.

Our course delivery is significantly based on 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 gears up our students with right understanding of the concepts and application of same in practical world. PGCRM being a 1 year full time course, it gets you ready for entering the corporate world fully prepared for best of business roles and that to at least an year earlier as compared to any regular masters.

I understand Risk Management is great domain area to build my career in. Why should I go for Global Risk Management Institute (GRMI) for my education in Risk Management?

Credibility at GRMI is defined by the quality of leadership that is driving the entire Program. Led by the Dean and ably supported by a distinguished Board of Directors and Strategy Board, an internationally-represented Board of Governors, and an impressive Academic Council aims to be a hallowed portal for creating future leaders for the country and the globe.

GRMI is committed to ensuring an environment where the students get to interact with more global leaders and risk practitioners than what any other institute can offer. There is a large list of industry and consulting well-wishers who are committed in principle to GRMI to make time for knowledge-sharing sessions with the students. We believe that the invaluable depth of the experience of these leaders far outmatches text-based knowledge accumulation, and hence GRMI prides itself in creating an experiential learning environment that is unparalleled in India today.

What are my career prospects post doing a course in Risk Management? What kind of placement opportunities will I get post graduating from GRMI?

At GRMI we will endeavor to develop a talented pool of professionals trained on a world class Risk Management curriculum, thus creating an ecosystem enabling all large corporates to hire trained risk managers. Our aspirational aim is to place our students across the globe and in leading Risk Consulting firms and large Corporates in India to make GRMI an international and national talent-sourcing hub for budding risk managers.

In terms of concrete actions to honor our commitment to securing placements for all students of GRMI, we have already had discussions with leading consulting firms and industry players, and they have shown keen interest in hiring an all round specialist from GRMI in their organization, as that will help them gain substantial productivity and efficiency from day 1.

  • Some of the large consulting and risk consulting organizations like IBM, Accenture, EY, KPMG, PwC, Deloitte, Protiviti, RSM International, Grant Thornton, etc. and other large corporate organizations like General Electrics (GE), Tata Group, PepsiCo etc. are potential recruiters
  • We will also leverage our global client connects with Fortune companies to channelize placements though GRMI
  • Our strategic partners with leading Global HR associations – Society of Human Resources Management (‘SHRM’) will give our students a great opportunity to explore placement opportunity on the global canvas.

Is PGCRM from GRMI an alternate option to Masters (MBA) or is it an add-on specialized course over any other masters I go for? How does my potential recruiter see this?

The world is moving towards specialization. As per a recent survey covered in the newspaper, professionals with specialized skills only survive in the long run, and generalist will find it difficult to survive. We believe, PGCRM from GRMI should be looked as an alternate to Masters. It’s a full time one year class room education program with cutting edge curriculum and extensive infusion of live case studies, to give students a more practical experience.

In addition to specific Risk Management papers, we are also focusing on all round development of our students, and hand-picked key other subject papers like HR, Organization Behavior, Cyber Risk and Strategic Thinking, which will benefit our students in their corporate careers. We have also embedded as part of our student development program a unique “Communication & Cultural Enhancement Module” that will be run through the year with an extremely personalized delivery. This will be aimed at improving each individual student on the two parameters of communication and cultural awareness, both are key for a successful global professional.

Our endeavor at GRMI is to build an ecosystem for Risk Professionals. In doing this we are getting consulting organization, industry houses and aspiring risk professionals at a common platform to explore working for and with best in Risk Management space. Our discussions with risk-consulting and corporate leaders have indicated that deep domain and all-round development that will be delivered at GRMI through the PGCRM program is almost certainly going to mean faster career tracks for PGCRM students, as compared to their peers who join with more generic qualifications. This will hold true for all professionals pursuing a career in the domain of risk, compliance, controllership and internal audits.

Is GRMI an institute accredited by reputed bodies in India? If not, then what’s the assurance for quality of course content and education at GRMI.

One of the renowned career counsellors in India, recently mentioned in a leading newspaper, that accreditation in India, is only a license to start an institute and doesn’t guarantee quality of course. The content and team determines the quality of the institute.

GRMI has not gone for accreditation in year one, as we want to be nimble footed while developing this institute, especially from infrastructure requirement point of view, which are the main parameters for any accreditation.

However, to ensure that our course curriculum and content are aligned to global standards, which really determines the quality of the GRMI graduate students, we have got key domain players as our partners. Following are some of our partners who ensure quality of our PGDRM program –

  • GRMI has a Strategic Alliance with Geneva Graduate School of Governance (GGSG). The students have an option to obtain a Masters Degree from Geneva by completing a 3 month curriculum in addition to 12 months at GRMI – online / visit Geneva as student exchange programme. From the Desk of GGSG Chancellor. 
  • Institute of Internal Auditors (IIA, India) as our Associate Partners. They are authors of globally accepted standards in space of Internal Audit (one of the large buckets in Risk Management). This ensures alignment of our course content to global standards and also gives us access to live case studies to incorporate in our content.
  • Protiviti, one of the largest specialised Risk Consulting firm – we are at ‘signing the dotted line’ stage with them as our Knowledge Partners. This will again keep our course content updated and aligned to global trends in the Risk Management space and also give us access to live case studies. This also opens up great placement opportunity for GRMI students with Protiviti.

All our reputed partners, have gone through a rigorous process of scanning and blessing our course curriculum before joining hands with us. This more than takes care of the credibility and quality of the program at GRMI.

What’s the USP of GRMI?

In current market scenario, the one thing which can easily be termed as our USP is the placement opportunities for all our students, to serve a USD 40 B+ market growing at a steady pace, however, we believe that’s an end product that we are committed to deliver, and not really our USP.

Our USP is the cutting edge course curriculum delivered by an enviable mix of corporate and academia leaders through case studies developed by CXOs of Fortune 500 companies. All this with the support of corporate world leaders, who believe in creating an ecosystem for risk professionals with us.

As a fresher from college, I crave for business understanding and practical knowledge. Does GRMI help me in getting these?

It’s heartening to see this question being asked to us on a regular basis. This clearly indicates that the youth is thinking in the right direction, and wants to build his career on concepts and knowledge.

GRMI has built its course curriculum on fundamentals of ensuring that our students understand the business value chains and concepts of risk management with ability of applying the same in practical world. Our course will focus on giving students practical understanding across 7 key industries like Manufacturing, Service, Hospitality, Telecom, IT, Human Resource and Regulatory Compliance. This will make out students ready to explore career options across industries.

Further, our course delivery is significantly based on 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 on concepts and practical knowledge as compared to their peers.

Does GRMI has any tie ups to provide financial support to aspiring Risk Management Professionals.

Yes, GRMI has a tie up with Avanse, our education loan partner, to help our students get easy finance options following a fairly easy process. Further, our fee structure is aligned to Semester pattern, thus making fees payable in easy installments, as you learn.

For more details, refer to our website – http://www.grm.institute/fee/

What’s the selection process to be part of GRMI Batch of 2017.

Admission to GRMI is a 3-step process :

  • Submitting the application form: Applicants can fill the application form online through the website. The application form would apart from student information, also include a mix of subjective questions to test student’s personality and psychometric assessment questions. This exercise can be completed from the comfort of individual student’s location, without having to travel to an assessment center.

  • Shortlisted candidates shall be notified through the email Ids provided by them in the application form. Eligible candidates will appear for a Group activity based evaluation on a pre specified date.

  • Basis the Group activity, shortlisted candidates will go through a personal interview round. The Group activity and personal interview will be conducted in the NCR region on the same day. This round will focus on testing the communication skills, logical reasoning and ability of the students to carry themselves.

Is there accommodation for students to stay on / near campus area?

GRMI campus is centrally located in Delhi NCR – Gurgaon area. We do not have residential facility at GRMI campus. However, our campus is surrounded by large residential colony, offering multiple options like PG, independent flats for rent etc. Students are free to select their accommodation option as per their convenience and preference. To facilitate the process, we have identified select properties basis our research, for students to select from and contract with the property owners directly.

GRMI campus is located near to HUDA metro station, which also has last mile connectivity options starting early morning till late night.

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