10 months classroom + 2 months Full time Internship part of the programme
1 year Full time on-Campus offline Programme in Gurgaon - Delhi NCR
40 hrs / paper, 18 subjects
Graduate with min. 50% score and interest in Risk management Domain
30 Seats only for Jan and Jul
Financial Risk Management (FRM)
Cyber Security Risk
IT Risk Management
Financial Reporting Risk
Enterprise Risk Management (ERM)
Third Party Risk Management
Environment, Social, Governance (ESG)
Applied Data Analytics
As a specialised institute, we recognise the need of multidisciplinary approach in the ever evolving arena of risk management required to work together with other centres of risk expertise around the world.
We have created a curriculum that spans across all aspects of enterprise risk, financial, operational and compliance, and provides nuanced insights across all key industry verticals.
Learn from the Experts in their fields and polish your skills for your upcoming opportunities
Former Senior Director, Controller India Region at PepsiCo..
Former Vice President And Compliance Officer At GlaxoSmithKline
Faculty At Faculty Of Management Studies (FMS), Delhi University
Former Vice President At Goldman Sachs
SVP and Service Line Leader-Enterprise Risk & Compliance-Genpact
Prof. Nyenrode Business University, The Netherlands
Faculty at Motilal Nehru college, Delhi
Sr. V.P Finance,Indus Towers Ltd
Faculty at Shaheed Sukhdev College of Business Studies
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 Behaviour....Show more.
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:
The above were the key drivers for these general management papers being included as core and mandatory papers of the PGDRM curriculum.
- 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 behaviour 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.
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 PGDRM programme is now also integrated with the OTHM 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 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 Programme, the new integrated programme will allow students to complete and be awarded an OTHM-OFQUAL regulated 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 dring or after the PGDRM Programme.
(Average CTC of ~9 Lakhs per annum for PGDRM Batch)
Every step is an elimination round
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.
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.
|Particulars||Fees (In INR)||GST 18%||Total Fees|
|Application fee||₹ 2,119||₹ 381||₹ 2,500|
|Registration fee||₹ 61,441||₹ 11,059||₹ 72,500|
|First Semester||₹ 3,25,975||₹ 58,675||₹ 3,84,650|
|Study Material||₹ 84,746||₹ 15,254||₹ 1,00,000|
|Knowledge Center Fee||₹ 93,220||₹ 16,780||₹ 1,10,000|
|Sub Total - Semester 1||₹ 5,67,500||₹ 1,01,463||₹ 6,69,650|
|Sub Total - Semester 2||₹ 3,07,500||₹ 55,350||₹ 3,62,850|
|Grand Total||₹ 8,75,000||₹ 1,57,500||₹ 10,32,500|
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....Show more.
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.
Its robust curriculum and best-in-class faculty make it stand apart from other professional programs, it is the only institution covering all aspects of risk management in the country and proving to be an incredible investment for 2x career growth for all of its students.
My experience has been very valuable and enriching. At GRMI, one would get a hang of how their work life is going to be, thanks to their extensive classes and training. All our classes/ project works were practical in nature.
I always wanted a platform where i would get the right exposure and i was happy with what GRMI gave its students.Also, other reason for joining GRMI is the faculty and the industry experts it has.
A perfect blend of academia and industry exposure, I find learning at GRMI to be quite practically applicable.
Course curriculum is really up to the mark. Faculty are really good here we get a wonderful opportunity to be taught by CEO's and CFO's of big industries.Teachers and staff here is really cooperative.They are always available for you.
I opted for PGDRM because a career in risk management will expose me to various aspects of a business and various industries.<br>The dynamic character of this field creates opportunities for career advancement. It provides one with an intellectually stimulating environment which fine tunes one's problem solving skills.
I chose PGDRM to get a deep insight into the risk management aspect in the corporate world and GRMI offers that knowledge. the faculty is amazing, as a fresher its a great opportunity to learn from the industry experts and also the alumni sessions help a lot to understand about the program.
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 ex. can pursue the full time programme.
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, which is equivalent to any 2 year programme.
Since this is a specialised course, any graduate can pursue this course if he/she is willing to learn and has 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.
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.
Global Risk Management Institute (GRMI) is the only institute in the entire world that covers all aspects of Risk Management.
The curriculum is specially designed to cover all facets of risk management. It caters to demand of 10,000 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 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.
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.
Since PGDRM is 1 year programme, it gives you an edge in comparison with 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 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. PGDRM 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.
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.
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 generalist will find it difficult to survive. We believe, PGDRM 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 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 -January and July.
No. Our PGDRM programme is a 1 year 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 in installments as per discussion with the Finance Department.
Our institute is in Sector-44, Gurugram, Haryana.
No, as of now we have our institute only in Gurugram.
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 this course.
We recommend every candidate to go through the course curriculum and do the research. To know more about the course curriculum, click here.
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.
No. Only graduates with min. 50% score/cgpa with or without work e. 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 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.
No. If your application is rejected, it will not be accepted till atleast 6 months from the date of the interview.
No, every student goes through 2 rounds of personal interview.
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. Interview may be conducted in person, over a video conference, or a web/ internet based tool (Microsoft Teams). The shortlisting and interviews will be conducted on a rolling basis.
The remote interview candidates must ensure good internet connection, working mic, sound on their laptop or tablet or handheld device and a noise free location.
The personal interview is a 40 mins based discussion which includes Competency / Behavioural, Situational and Case Interview questions. This round is also focused on testing the communication skills, logical reasoning and ability to carry yourself.
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||1st Round Interview and Counselling Call (Weightage: 30%)|
|Admission Step||Application Form (Weightage: 30%)|
|Elimination||2nd Round of Interview (Weightage: 40%)|
|Offer||Release offer for shortlisted candidates. (Cumulative score to be considered and offer for shortlisted candidates)|
Yes, 6-8 weeks of internship is part of the curriculum and the Institute guarantees the internship which is related to the curriculum
Attendance criteria shall be a minimum of 80% individually in each subject for the student to be eligible to sit for 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 applies to non-graded subjects, activities, and sessions like but not limited to Guest Speaker Sessions, Knowledge Sessions, Business Communication and Excel Classes.
Unique GRMI curriculum and demand plus job opportunities in the field of Risk Management, assure placements for all students who meet the attendance and score criteria. GRMI assists for internship/placement to all students who meet the necessary criteria for internship/placement and has met 100% placements at an average of INR 9 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. To be 100% transparent, GRMI has listed LinkedIn profiles of all students who can be contacted by the potential future students.
Average salary package of our previous batch was INR 9 L.P.A
Our campus is in Sector-44, Gurugram, Haryana.
GRMI campus is centrally located in Gurugram / 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.
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.
The application fee is of INR 2,500 that is to be paid using our payment portal to complete your application. This cost will be adjusted in the fee structure for 1 year PGDRM programme once you are offered in the programme. The fee is non-refundable.
The scholarship process starts after the selection of the student. Our team will guide you through the entire process.
After the selection, the candidates are guided through the entire process by our finance team.
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 atleast 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 email@example.com