Admissions Open: Admissions open for January'24 and July'23 PGDRM batch.

PG Diploma in Risk Management (PGDRM)

International Postgraduate Diploma in Risk Management (Level 7), OTHM - UK


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

Eligibility for PGDRM

min. 50% score

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

Application Deadline

First come First Serve basis Interview

50 Seats only for Jan and Jul

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

Operational Risk

Strategic Risk

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

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



  • 1
    Globally Accepted
    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 (Level 7) EQF 7 from OTHM-OFQUAL UK.
  • 2
    Certification acknowledged by industry partners like the Institute of Internal Auditor (IIA)
  • 3
    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 Lakhs + of Average CTC and a Median of INR 9 lakhs CTC.
  • 4
    6-8 week guaranteed internship part of the programme.
  • 5
    2X Career Growth
    Learn from business leaders and enjoy 2X Career Growth enhancement.
  • 6
    Top grade Curriculum & Professors
    The curriculum has a strong component of real-life case studies and the course content is tailored to create risk domain experts.

Past Internships & placements

(INR 9 Lakhs + of Average CTC and a Median of INR 9 lakhs CTC.)

DISLAIMER: The logos have been used for the purpose of past internship & placement information only to indicate final internship/placements. The logos do not indicate any-tie-up with any of the above companies for internship/placements.

PGDRM Students - Internship and Placements

(PGDRM 100% Internship and Placements Record)

The Institute of Internal Auditors India

Our Faculty

Learn from the Experts in their fields and polish your skills for your upcoming opportunities

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

Bridge Programme (1 Months)

1. Financial Accounting
2. Corporate Governance, Business ethics and CSR
3. Financial Management
4. Managerial Economics
5. Principle of Management

Semester 1 (4.5 Months)

1. Business Value Chain and Operating models
2. Process Mapping, Enhancement and Value Stream Mapping
3. Process Assurance and Operating Efficiency – Part 1
4. Process Assurance and Operating Efficiency – Part 2
5. Concepts of Enterprise Risk Management (‘ERM’)
6. Organisational Behavior
7. Strategic Thinking
8. Sectorial View of ERM

Semester 2 (4.5 Months)

1. Internal Controls over Financial Reporting (‘ICFR’ or ‘Sarbanes Oxley’ or Internal Financial Controls)
2. IT General Controls
3. Applied Cyber Security
4. Applied Data Analytics
5. Fundamentals of HRM
6. Market, Credit & Operational Risk
7. Regulatory & Compliance Risks
8. Digitalization – Evolving Risk Management
9. Third Party Risk Management-TPRM

Internship (2 Months)

PGDRM-1 year programme includes 6-8 weeks of guaranteed* internship.
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:
  • 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.
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.

We are glad to announce that the 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 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 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.

PGDRM Batch and Placement Demographics

Admission Process

Every step is an elimination round

  • Enquiry: Fill the enquiry form for PGDRM 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.
  • 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.
  • Elimination Round: Interview cum counselling round taken by our Programme counsellor (Online over pre-communicated platform Zoom, Microsoft Teams or a Telephone call). 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 and Counselling Call: Weightage-30%
  • Shortlisted candidates need to fill up the Application form within 7 days of discussion. 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 including GST (non-refundable), this amount will be adjusted in the programme fees if the candidate is shortlisted and takes up the offer. Application Form:
  • Application Form: Weightage- 30%
  • Personal Interview: Once we receive the application form, an Online Interview will be setup within 7 days of the application.
  • 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-40%
  • 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.
  • 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.


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.

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 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 & Payment Mode

ParticularsFees (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₹ 4,00,000₹ 72,000₹ 4,72,000
Study Material₹ 95,000₹ 17,100₹ 1,12,100
Knowledge Center Fee₹ 95,000₹ 17,100₹ 1,12,100
2nd Commitment₹ 5,90,000₹ 1,06,200₹ 6,96,200
Second Semester₹ 2,96,440₹ 53,359₹ 3,49,799
3nd Commitment₹ 2,96,440₹ 53,359₹ 3,49,799
Total₹ 9,50,000₹ 1,71,000₹ 11,21,000
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....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.

Payment Mode

What former students have to say...

ABOUT US Global Risk Management Institute (GRMI)

GMRI building

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.

GRMI offers 1 year full time on-campus PGDRM programme-Post graduate diploma in Risk Management / International Diploma in Risk Management (Level 7).

Frequently Asked Questions