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The Institute, being the pioneer in delivering a professional insurance management course in the country, has been observing the changes and developments in business for a long time with keen interest. Over the years, BIMTECH has carved out a permanent niche for itself among the recruiters by constantly monitoring the emerging trends and assimilating the requirements of professional education, research, training, and consultancy in the field of insurance and risk management in its curriculum. BIMTECH initiated the establishment of a nodal Centre in Insurance and Risk Management education, research, training and consultancy to fill up the big vacuum of trained professionals in the industry. Since its inception, the institute has not only contributed significantly to its above avowed promises but also made a distinct name in research, consultancy and professional training.

Abhijit K. Chattoraj, Chairperson

Prof. (Dr.) Abhijit K. Chattoraj


Programme for Insurance Business Management



BIMTECH continues to be a preferred destination when it comes to talent acquisition by leading insurance companies, broking firms and IT companies working in the insurance domain.

Among its distinctive features are its strategic partnership with Swiss-Re, academic accreditation with CII-UK, MoUs with leading global insurance education providers like LOMA-USA, IIBA (Canada), close liaison with organizations like FAIR and RMAI and most importantly, its research orientation.




BIMTECH offers admissions to its two year full time PGDM program and other sectoral programs namely, PGDM (International Business), PGDM (Retail Management) & PGDM (Insurance Business Management) and Two Doctoral Level Programmes – FPM (Fellow Programme in Management) & EFPM (Executive Fellow Programme in Management), PGDM at its Bhubaneswar campus for the 2018-20 batch.

Interested aspirants can, not only find details of the selection criteria, how to apply, the fee structure, the scholarships offered and financial assistance available but also download the Information Bulletin 2018 and apply online for admissions for the 30th Academic Session.

Admission to Best PGDM College in India - BIMTECH

Policy Statement

The soul of any academic institution is its students. While the students seek to give shape to their future, BIMTECH strives to make their dreams come true.The guiding principle of Admissions at BIMTECH has always been one that facilitates the grooming of ethical global business leaders who are committed to inclusive growth and sustainability.

The Institute’s Admission Policy is supported by four pillars.

  • Acknowledging merit over anything else is one of the most important of them.
  • Complete transparency,
  • Unhindered access for all, and
  • Meeting the requirements of the corporate world from the future managers which we seek to provide.

Selecting aspirants for admissions to its various programs every year, year after year has been oriented towards achieving a right mix in the class so as to enhance the total learning experience both within and outside the class. Admission efforts seek to achieve a ‘class- diversity’ which heightens peer group learning.


Fee Structure

Programmes Offered for Session 2017-19 at Greater Noida Campus

Programme Recognition/ Accreditation/ Approval No. of Seats Selection Procedure Broad Eligibility Criteria Programme Tuition Fee Category wise (for full course)
PGDM 2 Year, Full Time (Equivalence to MBA by AIU) AICTE NBA Accredited 240 Valid CAT 2016 score/ Valid GMAT 2016-17 score Valid XAT 2017 score+PI+ Write-up Graduation with Min. 50% marks (10+2+3 pattern) Merit 11,00,000INR
NRI 17,00,000INR
NRI Sponsored17,00,000INR
PGDM (International Business) 2 Year, Full Time AICTE NBA Accredited Equivalence to MBA by AIU 60 Valid CAT 2016 score/ Valid GMAT 2016-17 score Valid XAT 2017 score+PI+ Write-up Graduation with Min. 50% marks (10+2+3 pattern) Merit 11,00,000INR
Corp.Sponsored 17,00,000INR
NRI 17,00,000INR
NRI Sponsored 17,00,000INR
PGDM (Insurance Business Management) 2 Year, Full Time AICTE 60 Valid CAT 2016 score/ Valid XAT 2017 score /Valid MAT 2016-17 score/Valid CMAT 2016- 17 score/Valid GMAT 2016-17 score+ PI+Write-up Graduation with Min. 50% marks (10+2+3 pattern) Merit 8,50,000INR
Corp.Sponsored 15,00,000INR
NRI 15,00,000INR
NRI Sponsored 15,00,000INR
PGDM (Retail Management) 2 Year, Full Time AICTE 60 Valid CAT 2016 score/ Valid XAT 2017 score /Valid MAT 2016-17 score/Valid CMAT 2016- 17 score/Valid GMAT 2016-17 score+PI+Write-up Graduation with Min. 50% marks (10+2+3 pattern) Merit 8,50,000INR
Corp.Sponsored 15,00,000INR
NRI 15,00,000INR
NRI Sponsored 15,00,000INR

Distribution of Seats

Course Total No. of Seats to be filled 90% of total intake under merit Category 10% of total intake under following Corporate Sponsored International Student
PGDM 240 216 24
PGDM (International Business) 60 54 6
PGDM (Insurance Business Management) 60 54 6
PGDM (Retail Management) 60 54 6
Total 420 378 42
*Important Note

Candidates applying under DA Category/Other Category (Corporate Sponsored/NRI/NRI Sponsored/International Students) will be required to produce documents listed under eligibility conditions at the time of submission of first installement of tuition fee failing which their application may be rejected/considered under General Category. These applicants will then be required to meet eligibility conditions of the General Category.


Program Objectives

The Centre Envisages


  • To offer professional programmes on  insurance and risk management practices based on sound knowledge and skills with an accepted code of professional ethics.
  • To work in close liaison with all the stake holders such as insurance companies, broking houses, risk management firms, banks, IT companies, educational/ professional institutes in India and abroad and the regulatory authorities for the benefit of the professionals in the areas of insurance and risk management.
  • To conduct and sponsor seminars, conferences, executive/management  development programmes, research studies and consultancy aimed at creating and disseminating knowledge and updating the practices prevailing in the global insurance market.



The students are imparted instructions in 36 subjects covering all aspects of insurance besides other management subjects like Marketing, Finance, OB/HR, Statistical Tools  & Accounts etc. This is spread  across six trimester in two years.

Life Office Management Association  (LOMA), USA, is BIMTECH's educational  partner and BIMTECH is an approved  third party centre for LOMA  examination. Quite a few of the life insurance subjects taught at BIMTECH are based on the  LOMA curriculum. Students can take LOMA Certification.

The two year PGDM (Insurance Business Management) has been recognized as equivalent to the  Associate level of the Insurance  Institute of India (III), Mumbai.

Dual qualification with PG Diploma Plus Programme from the Chartered Insurance Institute, UK (CII).           CII, UK has accorded prior recognition (by way of credits) to our PGDM (Insurance Business Management) course. Students are encouraged to take CII Certification.

BIMTECH is an academic partner to the International Institute of Business Analysis (IIBA), Canada. Insurance students are taught Business Analysis and are eligible for international certification from IIBA. BIMTECH students are also encouraged to take up MOOC synchronised with their curriculum.




Course Structure & Duration

CURRICULUM - 2017-19

INS-101 Business Environment
INS-102 Insurance Laws
INS-103 Principles of Insurance
INS-104 Sales & Marketing Management
INS-105 Quantitative Techniques
INS-106 Insurance Accounting & Analysis
INS-107 Insurance Company Operations (Life & Non-Life)
INS-108 Responsible Business: Module-1: Corporate Social Responsibility (CSR)
  Comprehensive Viva
INS-201 Motor Insurance-I (Own Damage)
INS-202 Risk Management
INS-203 Life Insurance-I (Product & Practices)
INS-204 Broking and Distribution Channel Management
INS-205 Managerial Computing
INS-206 Corporate Finance
INS-207 Business Communication-I
INS-208 Responsible Business: Module-2: Corporate Social Responsibility (CSR)
  Comprehensive Viva
INS-301 Property-I (Fire & Consequential Loss)
INS-302 Health Insurance
INS-303 Life Insurance-II (Underwriting)
INS-304 Marketing Research
INS-305 Business Analysis
INS-306 Services Marketing & CRM
INS-307 Financial Services and Personal Financial Planning
INS-308 Business Communication-II
INS-309 Responsible Business: Module-3: Corporate Social Responsibility (CSR)
  Summer Internship
  Industrial visit
INS-401 Property-II (Engineering Insurance)
INS-402 Life Insurance-III (Employee Benefit Schemes)
INS-403 Motor Insurance-II (Third Party Insurance)
INS-404-A Advanced Health Insurance (Elective)
INS-404-B Advanced Risk Management (Elective)
INS-405 Marine Cargo & Hull Insurance
INS-406 Element of Actuarial Science (Life & Non-Life)
INS-501 Liability Insurance
INS-502 Enterprise Risk Management
INS-503 Casualty Insurance-I
INS-504 Reinsurance
INS-601 Human Resource Management and O.B.
INS-602 Casualty Insurance-II (Personal & Rural Lines)

Duration of programme

Post Graduate Diploma in Management (Insurance Business Management)

Two-year, Full time, (Approved by AICTE, MHRD, Govt. of India) With dual specialization in Life and Non-life insurance



MoU with Swiss Re

BIMTECH signed an MoU with Swiss Re’s Global Services Delivery Centre, Bangalore for an exclusive tie up on Campus Connect in April 2015. The aim of the partnership is to improve the level of professional insurance education in the country and make insurance students industry ready. Through this partnership, Swiss Re will bring in its unmatched global expertise in reassurance to BIMTECH, help in its curriculum build up, access to customized workshops and learning resources. 


Swiss Re will get opportunities to tap talents from BIMTECH – a pioneer in insurance post graduate education in India - on a priority basis. Besides, BIMTECH will collaborate with Swiss Re in academic projects, seminars, workshops, webinars, live-projects etc. with a view to promoting greater professionalism in insurance education in India. Swiss Re will get representation in the Academic Council of BIMTECH’s Centre for Insurance and Risk Management, which will decide on curriculum, campus connects, industry projects etc.


Launch of “PG Plus” Program with CII-UK

BIMTECH launched a dual degree program named “Post Graduate Diploma Plus” for its PGDM-Insurance Business Course students  in association with Charted Insurance Institute–UK on  July 2nd 2015.  CII-UK had been collaborating since 2010 in form of accreditation of its PGDM-Insurance Business Management course. The new arrangement is a step to take the existing relation to the next level. Under the new arrangement having  put in place,  the students successfully completing the programme will achieve dual qualifications:  the CII’s Diploma in Insurance and the Post Graduate Diploma in Insurance  from BIMTECH.

This tie-up endorse BIMTECH’s commitment to improve professional standard & technical insurance knowledge at global level.