Post Graduate Diploma in Risk Management (PGDRM)

Post Graduate Diploma in Risk Management (PGDRM) will include 3 papers on general management topics and 13 technical papers on various facets of Risk Management, such as Enterprise Risk Management (‘ERM’), Internal Audit (‘IA’), Sarbanes Oxley and Internal Financial Controls, Regulatory Compliance, Financial Risk Management, Applied Audit Analytics, Information Technology General Controls (‘ITGC’), etc.

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.

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.


6 days a week (for 1 year)


640 Hours of Teaching & Classroom time (~36-42 hours per paper)


Understanding different facets of Risk Management


Candidates possessing a Bachelors’ degree or equivalent with or without work experience and having interest in Risk Management domain.


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.

Admission to GRMI is a 2-step process

1. Application Submitting the application form: Applicants can fill the application form online through the website which will be available.

2. Personal Interview : On the basis of the applicant form submitted, the Admissions committee shall shortlist candidates for Personal interview round. The interview shall be conducted at the Campus or over Skype (for non-NCR candidates) and the details shall be notified to shortlisted candidates on the email Id provided in application form. This round would be focused on testing the communication skills, logical reasoning and ability to carry yourself.

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 have exam-based assessment, case study analysis and workshop participation-based assessment. The weightage of each component may vary for each paper.

GRMI will follow the traditional CGPA score concept and hence students would get a comparative sense of where they stand within their peer group.

We aim to apply very high standards in admitting students to the institute since we hope to be in a position by the end of the first year where our students are greatly in demand on the one hand, and spoilt for choice in potential employers on the other. This will imply that CGPA scores would become tough to secure, and also relevant for future employers as they would secure top talent graduating from GRMI. We are certain that all organizations hiring out of GRMI would be top corporates and risk consulting firms, who would settle for no less than the best talent on campus.

We would be delighted to see this trigger off a compensation tussle amongst some of the large hiring organizations.

Fee for our 1 year PGDRM programme is INR 8.25 Lakhs + GST.

Note 1: 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. 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.


Scholarships Awarding Rules  

  • GRMI  Institutional Scholarships apply ONLY toward tuition and fees.
  • Awards are tuition waivers ONLY.  Therefore, GRMI does not permit this type of scholarship to apply towards the cost of books nor may GRMI directly refund it to students.
  • Only award recipients will be notified by GRMI as part of the Student PGDRM Offer Letter.
  • Cessation of enrolment will cause a loss of scholarship.
  • Applicants must be Indian Citizens or eligible non-citizens.
  • Scholarship awards are non-transferable and may affect eligibility for other financial assistance.
  • Scholarship awards are not supposed to be disclosed with alumni, current batch or future batch members at GRMI or anywhere else publicly. The award is strictly confidential and pertains to the awarded student only. Any default may cause a loss of scholarship.

  Students who submit an application certify the information provided on the application is correct to the best of their knowledge. Falsification of information will automatically disqualify a student from receiving any scholarships. Students agree that if awarded a scholarship, GRMI may share their name and scholarship information with accreditation partners. Any person having inquiries concerning GRMI’s compliance with these regulations may contact the following –


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