Risk Management Course faqs | PG Diploma In Risk Management

FAQ’s-PGDRM

FAQ’S-PGDRM

GRMI PGDRM Brochure - FAQ’S PGDRM | Searching for MBA alternatives in India or Risk Management Courses in India. Finance/Fees structure of 1 year full time on campus programme with GRMI.

PGDRM BROCHURE

FAQs PGDRM

PGDRM FINANCE-GRMI. What is the fee for 1-year PGDRM program? What is the structure?

FINANCE, LOAN AND SCHOLARSHIP

Accommodation - GRMI campus is centrally located in Gurugram / Gurgaon area. We do not have residential facility at GRMI campus.

ACCOMMODATION AND CONNECTIVITY 

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 ex. can pursue the 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, which is equivalent to any 2-year programme.
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.
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. 40 – 45% 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 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 course in India.
The curriculum is specially designed to cover all facets of risk management. It caters to the 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 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 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 equivalent to MBA 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'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 skilled 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 masters 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.
As our experience serves us, people 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 -January and July.
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.
For Fees and Loan details, click here.
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.
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.
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 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 the Global Risk Management Institute (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 in risk management 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 the leading Global HR association – Society of Human Resources Management (‘SHRM’) will give our students a great opportunity to explore placement opportunities on the global canvas.
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 will focus on giving students a practical understanding across 7 key industries like Manufacturing, Service, Hospitality, Telecom, IT, Human Resources and Regulatory Compliance. 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. 
  • 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 cum counselling 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 and Counselling Call: Weightage-40%
  • 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: https://grm.institute/admission/
  • Application Form: Weightage- 20%
3) Selection Round (Elimination): 
  • 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%
4) Registration & Enrolment for Offered Candidates (Offer): 
  • 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).
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 amidst the pandemic, 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 or fill the Campus visit form on our website to book a slot for your Campus Visit.   
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. 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, 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. Be ready 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 TypePGDRM Application Process and weightage
EliminationEnquiry Form
EliminationTele-Counsellor Call
Admission StepApplication Form and Counselling Call (Weightage: 20%)
Elimination1st Round Interview (Weightage: 40%)
Elimination2nd Round of Interview (Weightage: 40%)
OfferRelease offer for shortlisted candidates. (Cumulative score to be considered and offer for shortlisted candidates)

FAQ’s-Internships and Placements

Yes, 6-8 weeks of internship is part of the curriculum and the Institute guarantees the internship which is related to the curriculum.
Students were part of companies like PepsiCo, PwC, HT Media, Grant Thornton LLP, Deloitte, TPG Capital ,etc. For more details,click here.

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 limited 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 average of CTC INR 9.5 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.

Average salary package of our previous batch was INR 9.5 L.P.A

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 counselor 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. 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

For Fees and Loan details, click here.
The 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 finance 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
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