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PG Diploma in Risk Management

1 Year on Campus

10 months classroom + 2 months Full time Internship part of the programme

6 Days a Week

1-year Full time on-Campus offline Programme in Gurgaon - Delhi NCR

1,000 hours of Learning

40 hrs / paper, 18 subjects

Min. 50% score

Graduate with min. 50% score and interest in Risk management Domain. No Competitive Exam Score Required.

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First come First Serve basis Interview: 60 Seats only for Jan and Aug

Who all can apply for PGDRM?

Freshers/Graduates

53% of Freshers join the PGDRM Programme and meet a median of CTC ₹9.25 L.P.A

Working Professionals

47% of our students come with 3-5 years of Work experience and have seen a 250% growth in their CTCs

All Streams

45% of our students join us from Non-Commerce backgrounds like B.Tech, BE, BSC, Economics, Statistics, Maths, B.A, Pharma and Hotel Management

Areas Covered as part of the 1 Year Specialization in Risk Management

Areas Covered as part of the 1 Year Specialization in Risk Management

Strategic Risk

Data Privacy

Financial Risk Management (FRM)

Cyber Security Risk

IT Risk Management

Financial Reporting Risk

Enterprise Risk Management (ERM)

Regulatory Compliance

Third Party Risk Management

Environment, Social, Governance (ESG)

Corporate Governance

Applied Data Analytics

Fundamentals of Research Methodology

Job Roles - Our Alumni work in

Internal Audit & Assurance

Internal Audit

Internal Controls over Financial Reporting (ICOFR / SOX)

Risk Advisory / Risk Assurance Services

 IT General Controls – Technology Risk Consulting

Governance, Risk & Compliance

Governance, Risk, and Compliance

Compliance – Anti-Bribery, FCPA, Anti-Money Laundering (AML), etc.

Business Continuity Planning (BCP), Business Continuity Management (BCM)

ESG Reporting

Enterprise & Strategic Risk

Enterprise Risk Management

Strategic Risk Advisory

Treasury Risk

Third-Party Risk Management

Technology & Cyber Risk

Information Security Risk

Cyber Security – Technology Risk Consulting

Digital Transformation

Financial & Transaction Advisory

Financial Advisory Services – Credit Risk, Market Risk, etc.

Due Diligence – startups, mergers, JVs, takeovers, investments

Controllership

Forensics & Investigations

Forensic / Fraud Investigation

Job Roles - Our Alumni work in

Internal Audit

Governance, Risk, and Compliance

Risk Advisory / Risk Assurance Services

Strategic Risk Advisory

Enterprise Risk Management

Forensic / Fraud Investigation

Treasury Risk

Third-Party Risk Management

ESG Reporting

Information Security Risk

IT General Controls – Technology Risk Consulting

Cyber Security – Technology Risk Consulting

Financial Advisory Services – Credit Risk, Market Risk, etc

Internal controls over Financial Reporting (ICOFR / SOX)

Due Diligence – startups, mergers, JVs, takeovers, investments

Compliance – Anti-Bribery, FCPA, Anti Money Laundering (AML), etc

Business Continuity Planning (BCP), Business Continuity Management (BCM)

Digital Transformation

Controllership

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Why PGDRM?

Globally Accepted
PG Diploma in Risk Management Course (PGDRM) is endorsed by UK body – OTHM, which is accepted Level 7 Masters Globally. In addition to GRMI Diploma students also earn International PG Diploma in Risk Management course (Level 7) EQF 7 from OTHM-OFQUAL UK
Placements & Other Career Support
Past placement in top Risk Consulting firms and Risk Advisory divisions of: EY, PwC, KPMG, Deloitte, Grant Thornton, Protiviti, BDO, Fortis, PepsiCo, Valvoline and more. INR 9.5 Lakhs + of Average CTC and a Median of INR 9.25 lakhs CTC..
Internship
8-12 week guaranteed internship part of the programme.
2X Career Growth

Learn from business leaders and enjoy 2X Career Growth enhancement.

Industry-Driven Curriculum with Expert Faculty
GRMI’s faculty comprises of leading risk professionals and industry experts who integrate their real-world experience into the learning process. The curriculum is carefully crafted to blend theoretical concepts with practical application, incorporating case studies, live projects, and simulations to provide students with a comprehensive understanding of the risk management domain.
300 x 600-01
200 x 300-03
200 x 300-04

Why PGDRM?

Globally Accepted
PG Diploma in Risk Management Course (PGDRM) is endorsed by UK body – OTHM, which is accepted Level 7 Masters Globally. In addition to GRMI Diploma students also earn International PG Diploma in Risk Management course (Level 7) EQF 7 from OTHM-OFQUAL UK.
Internship
8-12 week guaranteed internship part of the programme.

2X Career Growth
Learn from business leaders and enjoy 2X Career Growth enhancement.

Placements & Other Career Support
Past placement in top Risk Consulting firms and Risk Advisory divisions of: EY, PwC, KPMG, Deloitte, Grant Thornton, Protiviti, BDO, Fortis, PepsiCo, Valvoline and more. INR 9.5 Lakhs + of Average CTC and a Median of INR 9.25 lakhs CTC..

Industry-Driven Curriculum with Expert Faculty
GRMI’s faculty comprises of leading risk professionals and industry experts who integrate their real-world experience into the learning process. The curriculum is carefully crafted to blend theoretical concepts with practical application, incorporating case studies, live projects, and simulations to provide students with a comprehensive understanding of the risk management domain.

Hands-on Curriculum (International Diploma in Risk Management, Level 7 – 120 credits)

Bridge Programme (1 Month)

This course sets out to provide a complete understanding of all the financial accounting skills needed by students to be able to analyse any form of financial information. The course traverses all levels of accounting practice in learning the concepts, terminology, and principles of accounting up to the working and understanding of the financial statements preparation and interpretation of participants. Students will gain knowledge and practical experience to record, account for, and analyse financial activities so as to enhance decision-making in an organisation.
Financial Management is crucial for the success and sustainability of any business. This course aims to provide a comprehensive understanding of financial management principles and practices. It covers financial planning, analysis, control, and decision-making. Students will learn how to optimise financial resources, manage risks, and drive value creation.
Managerial Economics is a course designed to equip students with the economic principles and analytical tools necessary for effective decision-making in a business context. The course covers fundamental concepts such as demand analysis, production and cost functions, market structures, pricing strategies, and decision-making under uncertainty. It also explores the impact of government policies, globalisation, and strategic planning on business operations. Through a combination of theoretical frameworks and practical case studies, students will learn to apply economic reasoning to solve real-world business problems and develop strategies for competitive advantage.

Semester 1 (4.5 Months)

  • Understanding a typical value chain – Strategic, Operating, and Support functions
  • Deep dive into end-to-end operating chain of Procurement to Payment, Order to collections, Fixed Assets, Inventory, HR & Payroll.
  • Business process mapping – concept and hands-on Visio tool usage
  • Understanding process nuances, key risks, Key performance indicators and improvement opportunities across industries – Manufacturing, Retail, Telecom, Hospitality, Services.
  • Detailed understanding of the COSO framework on internal audit
  • Executing an internal audit – Business analysis framework, risk assessment, scoping, Information request, stakeholder management, Risk & Control matrix, control testing, sampling, audit report writing.
  • Managing business risks through controls
  • Developing Risk & Control matrix for all operating process across industries – Manufacturing, Retail, Telecom, Hospitality, Services
  • Financial Statement Assertions
  • Operational Controls vs Internal controls over financial reporting
  • Methodology to perform end-to-end Sox review
  • Performing TOD & TOE testing
  • Significant deficiency, Material weakness, remediation testing
  • The Capital Asset Pricing Model, Futures, Forwards, Options, Foreign Exchange
  • Measures of Financial Risk – VAR, Expected shortfall
  • Measuring & Managing Credit risk
  • Country & Operational Risk
  • Fundamentals of strategic thinking
  • The Three stage thinking model
  • Strategic thinking- Role of dialogue, inquiry and intuition
  • Strategic thinking, decision-making, and organizations
  • Job analysis, Recruitment and Selection
  • Training & Development
  • Employee safety
  • Employee benefits and Compensation Management
  • Performance management
  • Occupational health and Safety
  • Introduction to Organizational Behavior
  • Groups, Team and Leadership
  • The Organization System and Structures
  • Organization Management
  • Identify, assess, manage, mitigate and monitor risk from third parties
  • Regulatory requirements for managing such risks
  • Integration of ESG into Third Party Risk Management

Semester 2 (4.5 Months)

  • Overview of ERM concept, criticality of ERM for businesses across industries
  • COSO ERM framework
  • Deep dive into ERM cycle – Risk identification, assessment, measurement (impact, likelihood, velocity), risk scale, risk response, risk reporting to the Board and senior management
  • Key regulatory risks impacting organizations globally
  • Anti Bribery / FCPA regulations
  • Anti Money Laundering regulations
  • Sunshine Act
  • Competition laws
  • Human rights, Child labor violations
  • Director’s liability
  • Understand the relationship between the Financial statement and IT controls
  • Understand IT General Controls and Application Controls
  • Fraud prevention and detection in AI enabled business environment
  • Cyber Security risk environment – types and sources of threats
  • How Cyber risks impact business processes and has become an integral part of strategic planning
  • Role of Board/management in managing cyber risks
  • Key risks in businesses at inherent and residual levels, creating heat maps, risk appetite definitions, risk reporting for Boards
  • Industry coverage – Manufacturing Retail, Services, Hospitality, Telecom & Financial services.
  • Application of Data Analytics to Risk Management
  • Exploratory Data Analysis and Visual Analytics using Power BI and usage of SQL
  • Analytics across the operating chain – P2P, O2C, Inventory, HR & Payroll, FA, T&E
  • Concept of digitalization of business operations
  • Disruptive digitalization opportunities to drive efficiency, effectiveness and enhanced visibility for leadership
  • Examples of initiatives across the operating chain in different industries
  • This course on Environmental, Social and Governance (ESG) equips students with a comprehensive understanding of corporate sustainability and the ESG regulatory landscape, particularly in India. It focuses on integrating ESG principles into business strategy and decision-making. Through real-world case studies, projects, and discussions, the course enables participants to evaluate ESG initiatives effectively. It prepares learners to foresee and respond to global ESG trends impacting business practices.
  • Gain an insight into the corporate sustainability and ESG environment, including the regulatory framework of Sustainability and ESG in India
  • Demonstrate the decision-making skills to identify, evaluate and apply the knowledge acquired in an integrated manner within the overall business strategy and day-to-day functioning of a business entity
  • Develop an ability to foresee the impact of changes that are taking place globally upon the implementation of the ESG framework
  • Environmental, Social and Governance (ESG) represents a key enterprise risk that firms, globally, have to take into account in a world buffeted by climate change and its impacts. As firms take action to safeguard their businesses and bottom lines, ESG emerges both as a key risk factor and a key risk mitigating framework. This course will lay bare the key concepts that constitute ESG and the evolving global regulatory landscape that governs the implementation of these mitigating frameworks. Students, through real-life examples, case studies and classroom exercises, will learn to recognise, understand and apply the ESG risk matrix across a firm’s operational arena, as well as evolve effective risk mitigation strategies.
  • Ensures that students gain an understanding of ESG principles, concepts and ESG management
  • Provides students with the knowledge and skills required for integrating ESG risk mitigation with corporate strategy
  • Provide students with a knowledge of ESG guidelines and frameworks, equip them to do an enterprise-wide ESG risk assessment and develop a robust risk mitigation plan
  • Risk-intelligent decision making (Systems Thinking)
  • Driving a Risk culture
  • Behavioral aspects of risk managemen
  • Integrating Risk Management into Business strategies
  • Essential skill sets to succeed in a Risk Consulting environment – Financial knowledge skills, Empathy, Time management, Soft skills, managing PowerPoint presentations, situational awareness, stress management, behavioral aspects of asking questions, art of asking questions to seek desired information
  • Introduction to Research Methodology
  • Literature Review and Research Ethics
  • Qualitative & Quantitative Methods
  • Sampling Techniques and Data Analysis
  • Writing Research Proposals
  • Academic Writing and Documentation
  • Presenting Research Findings and Publishing

Language & Analytical skills (across semester 1 & 2)

  • Articulating business emails
  • Essentials of verbal/non-verbal communication
  • Role of body language
  • Use of grammar/vocabulary
  • Group discussions
  • Public speaking
  • CV writing and interview preparations
  • The objective of this course is to enable students to develop fundamental proficiency in the Spanish language across key skills—listening, speaking, reading, and writing. The course aims to help students communicate effectively in everyday situations, express basic ideas, and engage in simple conversations in Spanish. Additionally, learners will be guided to read and comprehend short texts, enhancing their ability to respond accurately to related questions. The program also focuses on building writing skills, enabling students to construct short and coherent texts on familiar topics and subjects related to their immediate environment. Through interactive sessions and practical exercises, the course fosters confidence and lays a strong foundation for further learning of the Spanish language.
  • Leveraging Excel to strengthen analytics skills
  • Intensive exercises for hands-on learning of Excel functions
  • Pivot tables, macros, fuzzy match
  • Creating charts on excel data

Internship (2 Months)

The 3 general management papers will focus on enhancing awareness of corporate reality and creating more well-rounded risk professionals of the future. These will include Strategic Thinking, Fundamentals of Human Resource Management, and Organizational Behavior.
One of the key risks of developing and delivering a specialized Risk Domain curriculum is that students should not ever think of Risk expertise in a Silo environment. Good strong professionals need to recognize:
  • How a risk decision impacts an organization’s short-term and long-term strategy, and hence all decisions need to be weighed in that context.
  • That all decisions need to be accepted and internalized by an organization effective implementation, and for that, an understanding of organizational behavior is critical.
  • That all organizations now realize that irrespective of which industry segment they might operate in (including in the most digital interrupted business models), the need for appreciation of Human Resource elements of an organization can hardly be over-emphasized if it wants to be successful.
  • The above were the key drivers for these general management papers being included as core and mandatory papers of the PGDRM curriculum (Post Graduate Diploma in Risk Management).
    Developmental work for all the Risk Management papers have been led by professionals with a collective experience of 100+ years in the Risk consulting space. These papers have been co-developed and vetted by Global Risk Advisory leaders and industry experts, while working closely with tenured faculty of internationally reputed Universities.
    We are glad to announce that the Post Graduate Diploma in Risk Management course (PGDRM) programme is now also integrated with the OTHM International Diploma in Risk Management (Level 7) Diploma in Risk Management (Qualification Number: 603/6782/9 https://www.othm.org.uk/othm-level-7-diploma-in-risk-management.html). The OTHM International Diploma in Risk Management (Level 7) diplomas on the Regulated Qualifications Framework (RQF) are at the same level as master’s degrees. While all GRMI Students and Alumni receive OTHM awarded certificates on completion on the PGDRM (Post Graduate Diploma in Risk Management) Programme, the new integrated programme will allow students to complete and be awarded an OTHM-OFQUAL regulated International Diploma in Risk Management (Level 7) Diploma in Risk Management. OFQUAL qualifications are fully recognised by all UK universities as Ofqual is a Statutory body in UK and therefore they have maximum currency. Cleared PGDRM Students are awarded 5/6 paper exemptions to complete the above certification. 1 non-exempt paper can be given during or after the PGDRM Programme.

    Our Past Placements

    Learn From Experts

    Prof. Madhu Vij
    Former Professor at Faculty of Management Studies, Delhi University
    Prof. Leene Paape
    Prof. Nyenrode Business University, The Netherlands
    Bob Reiner
    Former EY Partner
    Prof Vinay Dutta
    Former Finance Professor, Fore School of Management
    Sameer Maheswari
    Audit Head, TATA Motors
    Sabina Sudan
    Former Vice President and Compliance Officer at GlaxoSmithKline
    Subhashis Nath
    Former Service Line Leader for the Enterprise Risk & Compliance, Genpact | Dean and CEO, GRMI
    Dr. Sonali Hazarika
    Associate Professor in Finance at the Zicklin School of Business, Baruch College
    Puja Thakur
    Soft Skill Trainer, Image Consultant Professional
    Gayathri Ramanathan
    Former Senior Director, Former Associate Director, Shakti Sustainable Energy Foundation

    PGDRM Batch & Placement Demographics

    Admission Process

    Enquiry

    Enquiry: Fill the enquiry form for PGDRM (Post Graduate Diploma in Risk Management) on our website. You will receive an automated email with details of the programme, brochure, etc. (Note: Incomplete forms will not be considered). Please do check your spam box if the email does not fall in your inbox automatically in a few minutes.

    Eligibility: 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. Candidates appearing in the final year of their bachelor’s degree or equivalent are also eligible, provided they furnish the proof of having met the minimum eligibility criteria of graduation. 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.

    Counselling

  • After filling the Enquiry form, you will receive an Event schedule for Counselling Webinars and Seminars and a Campus Visit Schedule to meet Students, Alumni Meet-ups and discussions. These sessions will help you understand the course, its curriculum and placement opportunities. You can join these sessions and resolve your queries as well.
  • Watch videos on www.grmiclass.com for preparation and to learn about Risk Management.
  • Alumni Linkedin profiles are mentioned on our website on ‘Internships and Placement’ page. You are encouraged to look at their profiles, career growth and connect with them
  • In addition, 2 Alumni would hold virtual meetups every Week/Fortnight
  • Physical Alumni meet ups in Delhi, Bangalore, Mumbai, Hyderabad, Chennai and more cities will be scheduled monthly. However, only students who have filled their applications are invited to these events.
  • Admission Process

  • Elimination round: Fill up your application and pay Rs. 2,500 non-refundable fee on the GRMI Admissions Portal
  • Elimination round: 1st Round 1-1 in-person / virtual Interview
  • Elimination round: 2nd Round 1-1 in-person / virtual Interview
  • Selection: Offer to be Released for shortlisted / selected candidates. (Cumulative score to be considered and offer for shortlisted candidates).
  • Seats are on first-come, first-selected basis.
  • Registration & On-boarding

  • Registration of Rs. 72,500 to be paid within 7 days of receiving the offer.
  • Offers will stay cancelled for registrations not paid.
  • 1st Sem fee is to be paid within 45 days of the offer and 15 days for all offers which rolled out less than 45 days from the start of the programme
  • On-boarding: Documents required for on-boarding to be submitted before start of the programme
  • How will I be assessed?

    Semester Exams
    The program year is divided into two semesters of 5 months each. At the end of each semester students will be examined on the modules you have taken.


    Both the semesters would last for approximately 20 weeks each, with about 18 weeks of teaching and two weeks of assessment.
    Assessment Methods
    All modules are assessed through exams, case studies, and workshop participation, with varying weightage per paper. GRMI uses a CGPA system to help students gauge their performance relative to peers. High admission standards aim to ensure strong demand for GRMI graduates from top employers. This competitive environment may lead to higher CGPA relevance and intense recruitment interest from leading firms

    Fee & Payment Mode

    Particulars Fees (In INR) GST 18% Total Fees
    Application fee ₹ 2,119 ₹ 381 ₹ 2,500
    Registration fee ₹ 61,441 ₹ 11,059 ₹ 72,500
    1st Commitment ₹ 63,560 ₹ 11,440 ₹ 75,000
    First Semester ₹ 4,25,000 ₹ 76,500 ₹ 5,01,500
    Study Material ₹ 95,000 ₹ 17,100 ₹ 1,12,100
    Knowledge Center Fee ₹ 95,000 ₹ 17,100 ₹ 1,12,100
    2nd Commitment ₹ 6,15,000 ₹ 1,10,700 ₹ 7,25,700
    Second Semester ₹ 3,21,440 ₹ 57,859 ₹ 3,79,299
    3rd Commitment ₹ 3,21,440 ₹ 57,859 ₹ 3,79,299
    Total ₹ 10,00,000 ₹ 1,80,000 ₹ 11,80,000
    The above fee is inclusive of the initial Application Fee of ₹ 2500/- (non-refundable).
  • The above fee structure is applicable for all Indian national students who are residing in India. For any non-resident Indian or foreign national please contact us for details of our fee structure.
  • The GRMI Office of Financial Assistance provides information and assistance to applicants, and once admitted, through the entire time that they are in the institute. We are here to help you navigate through all aspects of the financial aid process. It is wise to explore a variety of resources to help finance your education. Although students and their families are aware of the many advantages of investing in higher education, many applicants are worried about the increased cost of undertaking a postgraduate program. However, completing a higher education program can contribute to brighter employment prospects, apart from helping you gain the confidence and skills needed to perform diverse and demanding roles in the professional world. All students admitted to GRMI will have access to a number of student loan options made available in collaboration with banks and financial institutions that offer low interest rates and do not require the students or their families to provide collateral. Our Banking partners offer Moratorium periods as high as 24 months from the start of the programme. We know that financial aid information is important and can be confusing, so please do not hesitate to contact us with any questions you may have.
  • Payment Mode
    Students should pay the prescribed fees on the online portal at the time of admission.
    Fees will be accepted online on the admission portal via Debit Card/Credit Card/UPI/Wallets/Net Banking etc.
    Care should be taken to ensure that payments are not made to unauthorized persons or on any unauthorized website or link.The Institute will not be responsible for any lapse in this matter.

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    Hands-on Curriculum (International Diploma in Risk Management, Level 7 – 120 credits)

    Bridge Programme (1 Month)

    This course sets out to provide a complete understanding of all the financial accounting skills needed by students to be able to analyse any form of financial information. The course traverses all levels of accounting practice in learning the concepts, terminology, and principles of accounting up to the working and understanding of the financial statements preparation and interpretation of participants. Students will gain knowledge and practical experience to record, account for, and analyse financial activities so as to enhance decision-making in an organisation.

    Financial Management is crucial for the success and sustainability of any business. This course aims to provide a comprehensive understanding of financial management principles and practices. It covers financial planning, analysis, control, and decision-making. Students will learn how to optimise financial resources, manage risks, and drive value creation.

    Managerial Economics is a course designed to equip students with the economic principles and analytical tools necessary for effective decision-making in a business context. The course covers fundamental concepts such as demand analysis, production and cost functions, market structures, pricing strategies, and decision-making under uncertainty. It also explores the impact of government policies, globalisation, and strategic planning on business operations. Through a combination of theoretical frameworks and practical case studies, students will learn to apply economic reasoning to solve real-world business problems and develop strategies for competitive advantage.

    Bridge Programme (1 Month)

    This course sets out to provide a complete understanding of all the financial accounting skills needed by students to be able to analyse any form of financial information. The course traverses all levels of accounting practice in learning the concepts, terminology, and principles of accounting up to the working and understanding of the financial statements preparation and interpretation of participants. Students will gain knowledge and practical experience to record, account for, and analyse financial activities so as to enhance decision-making in an organisation.

    Financial Management is crucial for the success and sustainability of any business. This course aims to provide a comprehensive understanding of financial management principles and practices. It covers financial planning, analysis, control, and decision-making. Students will learn how to optimise financial resources, manage risks, and drive value creation.

    Managerial Economics is a course designed to equip students with the economic principles and analytical tools necessary for effective decision-making in a business context. The course covers fundamental concepts such as demand analysis, production and cost functions, market structures, pricing strategies, and decision-making under uncertainty. It also explores the impact of government policies, globalisation, and strategic planning on business operations. Through a combination of theoretical frameworks and practical case studies, students will learn to apply economic reasoning to solve real-world business problems and develop strategies for competitive advantage.

    Risk Management Course FAQ’S-GENERAL

    PGDRM-Post Graduate Diploma in Risk Management is a 1-year full time on campus programme.

    Any graduate who is interested in Risk Management or any working professional with 0-4 years of work experience can pursue the one year full- time Risk Management course in Gurgaon.

    Big B-schools have been following this trend of 1-year programmes.
    PGDRM is a specialization programme that covers 1,000+ hours of learning in 1-year, PGDRM is specialised employment focused program with track record of 97% placement

    Since PG in Risk Management India is a specialized course, any graduate can pursue this course if he/she is willing to learn and has an interest in this industry.
    We work closely with small batch / class sizes to ensure you turn out to be a top risk professional in the Country. The programme is practical and case study oriented, and based on experienced learning.

    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. 20-25% 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 full time class non programme in India or even globally to address the incredible skill set gap, the student graduate from GRMI as trained Risk Management professionals will have an edge over other professionals in this space.

    Global Risk Management Institute (GRMI) is the only institute in the entire world that covers all aspects of Risk Management course in India, in a class non tech environment.
    The curriculum is specially designed to cover all facets of risk management. It caters to the demand of 5,000 risk professionals required in the Country every year.
    Credibility at GRMI is defined by the quality of leadership that is driving the entire Program. Led by the Dean (who has over 30 year of global experience in Risk Advisory) and ably supported by a distinguished Board of Directors and Strategy Board, an internationally-represented Global Advisory Board, and an impressive Academic Council GRMI is 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 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.

    In the current market scenario, the one thing which can easily be termed as our USP are the internship and placements 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 and technically 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.

    Since PGDRM is 1-year masters alternative for MBA programme, it gives you an edge in comparison to 2- year programmes. The faculty here is a combination of Industry and Academic Professionals so the curriculum includes real-life case studies.
    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's success from day one.
    With Global Risk Management Institute (GRMI), we are offering a unique opportunity to our students to get the best of both the worlds together, and get educated in specialized skillsets that make them ready for value additional business roles.
    Our PG Diploma in Risk Management 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 the right understanding of the concepts and application of the same in the practical world. PGDRM being a 1 year master’s programme full time course, gets you ready for entering the corporate world fully prepared for best of business roles and that to at least a year earlier as compared to any regular masters.
    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 contributing in enhancing organization performance, then you are the right candidate for this.
    Risk Management opens 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.
    Over the year our successful , student with the passion to learn, good analytical skills, a logical thinking process, the ability to understand business and great communication skills have transformed into extremely successful Risk Management professionals.

    Global Risk Management Institute or GRMI does not offer a degree and chooses to stay Independent like many other top B schools in the Country & World. It is a certificate /Diploma UPSKILL program for students. Therefore, we have not sought recognition for our Post Graduate Programme in Risk Management from either the AICTE or the UGC. Similar practice is followed by top B schools in the Country. However, PGDRM at GRMI is endorsed from a UK Accreditation body which is accepted Globally. OTHM is a UK Awarding Body regulated by Ofqual (Office of the Qualifications and Examinations Regulations) and recognised by Qualifications Wales. To know more, click here. Our students / alumni work at Top Firms in the country & globaly where join at qualified Post Graduate levels.

    GRMI does not provide a degree.

    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 generalists will find it difficult to survive. We believe, PG Diploma in Risk Management (PGDRM) from GRMI should be looked at like an alternative to a Master’s. It’s a full time one year class room education program with cutting-edge curriculum and an 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, Financial Risk Management (FRM), Enterprise Risk Management (ERM), 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 organizations, industry houses and aspiring risk professionals at a common platform to explore working for and with the best in the 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 PGDRM program is almost certainly going to mean faster career tracks for PGDRM 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.

    We have 2 intakes -Jan/Feb and July/August.

    Faculty here in GRMI are a mix of Academic and Industry professionals who bring with them the depth of domain knowledge for delivering a specialized curriculum for the PGDRM course. Click here for more details.

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

    The registration fees is accepted after the offer letter is processed. The fees can be paid either in instalments for each semester as per discussion with the Finance Department.

    We do provide student loan-our education loan partners are amongst IDFC First Bank, HDFC Bank, ICICI Bank, Eduvanz, & Avanse. For more details, click here

    Global Risk Management Institute (GRMI) is in Sector-44, Gurugram, Haryana.

    No, as of now we have our institute only in Gurugram

    FAQ’s-Eligibility Criteria

    Candidate with minimum 50% in graduation with or without work experience(0-4 years) and interest in Risk Management can apply for this course.

    Yes, since this is a specialized course, any candidate who is interested in Risk Management can opt for PGDRM course, once they complete their graduation.

    We recommend every candidate go through the course curriculum and do the research. To know more about the course curriculum, click here.

    At GRMI we will endeavour 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 evidence of our commitment to securing placements for all students of the Global Risk Management Institute (GRMI), we have achieved 97% placement of our student the fulfil batch till date.

    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, Wipro, PepsiCo etc. have also been recruiting from GRMI. We will also leverage our global client connects with Fortune companies to channelize placements though GRMI.

    No. Only graduates with min. 50% score/CGPA with or without work experience- of 0-4 years can apply for our 1-year PGDRM programme.

    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 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. Our course focus on giving students a practical understanding across 7 key industries like Manufacturing, Service, Hospitality, Telecom, IT, Retail and Finance services. This will make out students ready to explore career options across industries.

    Further, our 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.

    No. If your application is rejected, it will not be accepted till atleast 6 months from the date of the interview.

    FAQ’s-Admission and Selection procedure

    1)Enquiry (Elimination):

  • Fill out the enquiry form for PGDRM (Post Graduate Diploma in Risk Management) on our website. You will receive an automated email with details of the Programme, Brochure etc. (Note: Incomplete forms will not be considered). Please do check your spam box if the email does not fall in your inbox automatically.
  • You will there after Receive a call from our admissions Team to answer your queries and guide you through the process.
  • Research: Go through the brochure, website and connect with our students/alumni. LinkedIn profiles of all our students & alumni are mentioned on our Internships & Placement page.
  • 2)Preliminary Interview cum counselling session

  • Elimination Round: Interview round taken by our Programme counsellor (Microsoft teams). Our admissions team will schedule preliminary interview at a mutually convenient time. You will receive the details over an email. Candidates failing to attend will automatically be eliminated from the selection process.
  • 1st Round Interview Weightage-35%
  • All the applications and the documents required have to be submitted through the online application procedure. Application or documents will not be accepted over emails. The cost of the application fee is Rs. 2,500 (non-refundable), this amount will be adjusted in the programme fees if the candidate is shortlisted and takes up the offer. Application Form: https://grm.institute/admission/
  • Application Form: Weightage- 10%
  • 3) Selection Round (Elimination):

  • Personal Interview: If you clear your 1st round interview, an Online Interview will be setup within 7 days of your 1st round interview.
  • Personal Video Interview with one of our Faculty Members / Board of Director / Programme Mentor will be scheduled online over Zoom.
  • Results to be announced within 3 days from the interview.
  • 2nd Round of Interview: Weightage-35%
  • 4) Registration & Enrolment for Offered Candidates (Offer):

  • For those who get select finally, you will Receive Offer Letter to the programme on your registered email ID within 3 days. The GRMI Administrative office will be contacting you to co-ordinate and send the hard copy of the offer letter and will share list of documents required for registration.
  • Registration fee of INR 75,000 (non-refundable) to be paid to reserve your seat (this includes INR 2,500 already paid at the time of application), within 15 days of offer letter been issued.
  • 5) Finance:

  • Education Loan, Finance Direct Payment formalities and other on-boarding formalities to be completed within 30 days from the offer letter. 1st Semester fee is to be paid within 30 days from offer letter
  • Please note: While counselling and interview process is conducted online, we do encourage and are open to students in or near Delhi NCR for a Campus visit and in-person counselling sessions or interviews. Please get in touch with the admissions Team.

    Any graduate who is interested in Risk Management or any working professional with 0-4 years of work experience can pursue the one year full- time Risk Management course in Gurgaon.

    The admission team will cross check the details filled up by the candidate and will discuss about the course and the selection process.

    The completed application will be reviewed by the programme office and applicants shortlisted for an interview. The Interview may be conducted in person, over a video conference, or through a web/ internet-based tool (Microsoft Teams). The shortlisting and interviews will be conducted on a rolling basis.
    The remote interview candidates must ensure a good internet connection, working mic and camera sound on their laptop or tablet or handheld device and a noise free location.
    The personal interview is a 45-60 mins-based discussion which expects you to:1.Demonstrate your understanding of risk management principles, your analytical and critical thinking abilities, your knowledge of industry-specific risks and trends, and your potential to contribute to the field as a student and future professional;2.Demonstrate your business acumen by showcasing your understanding of business principles, your analytical and critical thinking abilities, your strategic insight, and your potential to contribute to the Risk community as a student and future professional;3.Demonstrate your passion, your readiness to engage and your potential to contribute to the academic community and beyond;4.Expect to discuss your academic background, extracurricular activities, interests, achievements, and any other relevant experiences. The interviewer may ask about specific aspects of your application or transcripts;5.Be prepared to talk about why you're interested in attending the PGDRM Programme, what you hope to gain from the experience, and your academic and career goals;6.Expect to be asked behavioural questions to gauge your problem-solving skills, ability to work in a team, leadership qualities, etc. you should be able to provide examples from your experiences;7.Also be prepared to ask questions of your own. This is an opportunity for you to learn more about the Institute and its Programme and demonstrate your interest.

    We do not consider any competitive examination marks.

    The interviews will be conducted online on Microsoft Teams.

    Round Type PGDRM Application Process and weightage
    Elimination Enquiry Form
    Elimination Tele-Counsellor Call
    Admission Step Application Form and Counselling Call (Weightage: 10%)
    Elimination 1st Round Interview (Weightage: 35%)
    Elimination 2nd Round of Interview (Weightage: 35%)
    Admission Step Academics, and work experience background (Weightage: 20%)
    Offer Offer are released to finally shortlisted candidates
    ( cumulative score across all step/ parameter outlined
    above are considered at arriving at the final short list
    for offer)

    FAQ’s-Internships and Placements

    The program is a 10+2 months program the 2-month internship carrier credit and hence the institute take internship very seriously. GRMI make internship opportunity to all it student and till date carrier a 100% internship track record.

    Students were part of companies like PepsiCo, PwC, HT Media, Grant Thornton LLP, Deloitte, TPG Capital,etc. For more details, click.

    Attendance criteria shall be a minimum of 80% individually in each subject for the student to be eligible to sit for the internship/placement process. In case the student falls short of required attendance, he/she is required to attend for subjects with subsequent batch(s) to be able to requalify for internship/placement process.
    The Minimum 80% attendance criteria apply to graded and non-graded subjects, activities, and sessions but not applied to Guest Speaker Sessions, Knowledge Sessions, Business Communication and Excel Classes.
    Unique GRMI curriculum, demand for risk professionals and linked job opportunities in the field of Risk Management, assure placements for all students if they meet the attendance criteria and passing scores.
    Global Risk Management Institute (GRMI) assists with internship/placement to all students who meet the necessary criteria for internship/placement and has 97% placement track record at an median of CTC INR 9.25 lakhs p.a. for eligible students in the past. The records have been published student wise on the ‘Internships & Placement’ page on the website and is updated regularly. GRMI has listed the LinkedIn profiles of all students who can be contacted by potential future students.

    Median salary package of our previous batch was 9.25 LPA

    FAQ’s-Campus and Facilities

    Our campus is in Sector-44, Gurugram, Haryana

    Yes, you can! Students are always welcome to visit our campus in Sector 44, Gurugram. Coordinate with your counsellor and drop in a mail for a campus visit. Our admissions team will be present there to answer any question you would have.

    GRMI campus is centrally located in Gurugram / Gurgaon area and close to the HUDA city centre metro station. 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.

    Within few kilometers from campus, you will find all the facilities like-
    Metro station-Huda City Centre metro station (900m)
    Hospitals-Fortis Hospital (700m)
    Gurgaon Railway station (7.2km)
    Indira Gandhi International Airport (12km)
    Other than these you will find supermarkets, shopping malls, restaurants/cafes and parks near the campus as well.

    FAQ’s-Finance/Fees

    Yes, there is a application fee INR 2,500 which is to be paid using our payment portal to complete your application. This cost will be adjusted in the fee structure for the 1-year PGDRM programme once you are offered the programme. The fee is non-refundable.

    We do provide student loan-our education loan partners are amongst IDFC First Bank, HDFC Bank, ICICI Bank, Eduvanz, Avanse. For more details, click here.

    After the selection, the candidates are guided through the entire process by our student finance assistance team.

    FAQ’s-Enquiry

    To know more about 1 year PG Diploma in Risk Management course, click here. Or You can write to us at admissions@grm.institute Or Fill up the enquiry form on our website or just drop a query on our website chat.

    After receiving the query, you will receive a mail immediately with all the details about the course. Our team contacts the candidate within 48 hours for an on-call discussion (only if the details and the query submitted is genuine and correct).

    Wait for at least 48 hours for the call. If you don’t receive a call from our admissions team, it could be because of incorrect details in the form. But if the details were correct, feel free to send a reminder on admissions@grm.institute and connect@grm.institute

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