International Institute for Insurance and Finance , Hyderabad

The International Institute for Insurance and Finance (IIIF) is established to develop high calibre young professionals who can play a crucial role in the ongoing development of the insurance industry. IIIF is committed to transform the current young and enthusiastic persons into business leaders of the future. IIIF will take in students from different strata of society and provide a challenging learning environment to produce market-oriented and dynamic leaders, capable of handling any assignment.

The Department of Risk Management and Insurance at Georgia State University (USA) assisted IIIF in the development of its curriculum. Specifically, our curriculum is based in part on courses offered by the department, that have been adapted and culturalised for the Indian Market.

IIIF has also entered into an agreement with Osmania University - IIIF’s course programs will have the association of Osmania University and the certificates will be issued by Osmania University.

Application for Admission to VIII th Batch of Post Graduate Diploma in Insurance and Risk Management (PGDIRM) are being accepted.

Duration

1 year

Semesters

Instruction will be offered for 2 semesters with courses specified in the scheme of instruction and a project work at the end of both the semesters.

Minimum Eligibility

Graduates pursuing professional courses like CA / ICWA / ACS / CFAcan also apply.

Original Certificates should not be sent. IIIF will not assume any responsibility for loss of certificates. Only photo copies of certificatesshould be enclosed as directed.

Two references - one of the teacher, who taught the candidate either at University or College level and another of employer (if employed) or a suitable person should be furnished. Very objective assessment of student is required from them, in case of request. It is intended to be an attempt to understand a candidate genuineness as an enthusiastic learner with positive mind.

Completely and properly filled and submitted application forms will be acknowledged. Applications can be sent by post/courier or submitted personally. However, IIIF will not be considering any postal/ transmission delays. Candidates are, therefore, advised to submit the applications personally.

Candidates are advised to note the validity date and strictly ensure that applications reach in time and further they are advised to retain a photocopy of application form and demand draft which can be produced in lieu of Test Card, in case the 'Test card' is not received to appear for entrance examination. They should also produce one passport size photograph.

The candidates should enclose a demand draft for Rs.500 towards entrance test fee. DD should be drawn in favour of IIIF, payable at Hyderabad.

The candidates should enclose one passport size photograph in addition to the one at fixed on the application.

Admission

Admission to PGDIRM is open to all, and is based on merit secured in an entrance test(s), designated, together with the criteria set by the Academic Advisory Committee of PGRRCDE, OU-IIIF from time to time. To the extent of 15% of the intake capacity for this course will be reserved for OU Graduates. However, these seats shall be filled as per the norms of PGRRCDE. Further the above 15% shall not include such of the OU Graduates who are admitted in the first 85% seats on the basis of merit. If any seats reserved for OU graduates remain unfilled, the same may be filled by other eligible candidates.

Payment Structure: Per Annum

Admission fee: Rs. 5,000
Course fee: Rs.25,000

Other charges

Development charges: Rs.10,000
Lab charges: Rs.10,000
Extension & Research charges: Rs.10,000
Total: Rs.60,000

Payment Structure: Per Annum--NRIs/Company Executives

Admission fee: Rs.20,000
Course fee: Rs.80,000

Other charges

Development charges: Rs.35,000
Lab charges: Rs.30,000
Extension & Research charges: Rs.35,000
Total: Rs.2,00,000

Payment Schedule: Foreign Nationals

a. Admission fee: 500 US $
b. Course fee: 2,000 US $

Other charges

a. Development charges: 800 US $
b. Lab charges: 1000 US $
c. Extension & Research charges: 700 US $
Total: 5,000 US $

Study material charges will be extra.

Payment Schedule

Admission fee: Rs. 5,000 - At the time of receipt of admission letter.
Ist instalment: Rs. 35,000 - 20 days after payment of admission fees.
IInd instalment: Rs 20,000 - 15 days before completion of Ist semester.
Total: Rs 60,000