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PGDM-IBM offers a two-year full-time residential Post Graduate Diploma in Management in Insurance Business Management. It is a 114.5 credit program. The PGDM-Insurance Business Management (IBM) course was introduced in the year 2000, coincided with the opening up of the insurance industry for private competition. The avowed objective of the program of Insurance Business Management (IBM) of BIMTECH is to turn out Insurance Management Professionals who are industry-ready.

To achieve this objective, we offer cutting-edge curricula among the recently introduced changes are courses on, Actuarial Science, Insurtech, Insurance Analytics, Enterprise Risk Management and Advanced Health Insurance. This is, of course, besides the conventional insurance subjects both in life, non-life, health, and reinsurance.

We focus on quality by imparting knowledge & deep understanding of Industry Oriented Unique courses apart from General Management area to gain integrated knowledge on insurance functions. The program also has two joint certifications with global education providers – a certificate in Reinsurance with Swiss re and another certificate in Risk Management with Risk Insurance Management Society-USA. We also offer catastrophic Modeling workshops, KPMG & IIBA Certifications.

Prof. Pratik Priyadarshi

Chairperson - PGDM (IBM)

Welcome to the Insurance Business Management Programme at Birla Institute of Management Technology (BIMTECH) where we help in shaping the future of students interested in the world of Insurance.

Why Choose Our Programme?

  • Comprehensive Curriculum: Our programme offers a robust curriculum that covers all facets of the insurance industry, from risk management and underwriting to claims and policy administration. We ensure our students are well-versed in both theoretical knowledge and practical applications.
  • Expert Faculty: Our faculty comprises industry veterans and esteemed academicians who bring a wealth of experience and insights to the classroom. Their expertise ensures that our students receive the best possible education and are prepared to excel in the insurance sector.
  • Industry Connections: BIMTECH has strong ties with leading insurance companies, providing our students with unparalleled networking opportunities. These connections often lead to internships, mentorships, and job placements, giving our graduates a head start in their careers.
  • State-of-the-Art Facilities: Our campus is equipped with modern facilities, including advanced computer labs, a comprehensive library, and simulation centers that mimic real-world insurance operations. These resources support our students in gaining hands-on experience.
  • Global Perspective: In today’s interconnected world, understanding global insurance markets is crucial. Our programme includes international case studies and opportunities for global exposure, ensuring our students are prepared to operate in a globalized economy.
  • Holistic Development: We believe in nurturing well-rounded professionals. Our programme includes soft skills training, leadership development, and ethical business practices, ensuring our graduates are not just industry-ready but also responsible global citizens.
Join us at BIMTECH and take the first step towards a successful career in Insurance Business Management.

Programme Highlights:

  • BIMTECH has a strategic partnership with Swiss Re for campus connect programs and other value-adding strategies.
  • PGDM (Insurance Business) program has got credit for Prior Learning /Accreditation by the Insurance Institute of India (III), Mumbai. Our students are to clear just two mandatory papers to get Associateship level recognition from the Insurance Institute of India.
  • A similar kind of credit for prior learning recognition is also in place with Chartered Insurance Institute-UK. Our students get the eligibility of Diploma in Insurance status from CII-UK after completing the course, subject to having passed two mandatory courses of CII-UK.
  • LIMRA/Life Office Management Association (LOMA), USA, is an educational partner and BIMTECH is an approved Third-Party Examination Centre for LOMA exams. Quite a few of the Life Insurance subjects taught at BIMTECH are based on the LOMA curriculum.
  • There exists an MoU with the Risk and Insurance Management Society (RIMS), USA for Certified Risk Management Professional Certification (CRMP) and the institutes (US).
  • With the mission of creating & dissemination of knowledge in Global context in mind, BIMTECH has also taken up the institutional membership of fraternal organizations such as the Asia Pacific Risk & Insurance Association (APRIA), Federation of Afro Asian Insurers & Reinsurer (FAIR) & Risk Management Association of India (RMAI).
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