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Diploma in Insurance and Risk Management

Diploma in Insurance and Risk Management (DIRM) is a 6-months program with total credits of 10 designed to create a pool of skilled personnel having knowledge in Insurance, Risk Management and related Financial Segments in addition to their regular graduation which will help them to seek careers across various sectors.

6 Months

  • Students pursuing Engineering Graduation / Post Graduation at IIT Patna
  • Alumni of IIT Patna / IIRM
  • Any other students with approval from IIT Patna
  • Overview of Insurance Industry
  • Principles and Practices of Insurance
  • Under Writing
  • Claims Management
  • Fundamentals of Risk Management
  • Financial Risk Management
  • Principles of Risk Assessment
  • Risk Quantification and Modelling
  • Introduction to Actuarial Science

A joint certificate of IIT Patna and IIRM will be issued to the candidates who have completed the programme.


Dr ANK Prasannanjaneyulu

Associate Professor, Dept. of IT & Analytics