Global Risk Management Institute (GRMI), Gurgaon was established in 2015 and pioneers in providing education related to Risk Management and ensuring a successful career in Risk Management Market which is growing at a fast rate. GRMI Curriculum is the first of its kind comprehensive Risk Management curriculum in the world. The institute offers postgraduate diploma in the discipline of Risk Management. The institute is currently accepting admission to PGDRM course and PGDIRM courses from January 2024 to July 2024.
The Post Graduate Diploma in IT Risk Management (PGDIRM) offered by NIIT University along with it’s partner Global Risk Management Institute (GRMI), is a full time 6 months on-campus program followed by 6 months of Hands-On Paid Internship, making it a 1 year full-time specialized program.
Table of Content
Particulars | Statistics |
---|---|
Name of the Institute | Global Risk Management Institute |
Also Known As | GRMI |
Institute Type | Private |
Recognized by | OTHM, OFQUAL UK & UGC |
Courses Offered | PG Diploma |
Application Mode | Fees | Online | INR 2000 |
Potential Recruiters | EY, PWC, KPMG, Deloitte, GT, Protiviti, Pepsi Co., Fortis Healthcare, Tata Communications etc |
Official Website | https://niit.grm.institute/ |
Counsellor Helpdesk | 7303231390 | 9824158565 |
Address | GRMI, Plot 88, Sector 44, Gurugram, Haryana 122003 |
Given below are the important dates for PG Diploma in IT Risk Management admissions 2024:
Event | Date |
---|---|
Last Date to Apply | July 27, 2024 |
Aptitude Test Date | July 28, 2024 |
Personal Interview Date | August 4, 2024 |
Program Begins | October 14, 2024 |
GRMI offers postgraduate programs in the discipline of Risk Management. Tabulated below are the details for the same:
Course | Eligibility | Duration | Course Fees |
---|---|---|---|
PGDIRM |
The candidate must possess a Bachelor’s degree or equivalent, with a minimum of 50% aggregate marks or equivalent in any discipline, from a recognized university in India or abroad (recognized by the UGC / Association of Indian Universities). The bachelors’ degree or equivalent qualification obtained by the candidate must entail a minimum of three years of education, after completing higher secondary schooling under the 10+2 system or equivalent. It is desired that candidates complete all academic requirements before joining the program to enable them to keep pace with the rigorous and internal assessment schedule of the program. |
1 year | INR 7,00,000 |
PGDRM | Bachelor’s degree with a minimum of 50% aggregate marks from a recognized university | 1 year | INR 9,50,000 |
The candidates looking for admission at Global Risk Management Institute can follow the below mentioned steps:
Enquiry Form - Fill out the enquiry form for PGDIRM (Post Graduate Diploma in IT Risk Management).
Counselling - After filling out the enquiry form, the Counsellors will get in touch with the applicant to help them understand the curriculum and placement opportunity.
Application Form - Next, the applicants must fill in the application form after the counsellors get in touch them. Candidates should pay a non-refundable fee of INR 2000, which will be adjusted against the total fee later. The last date to apply is July 27, 2024
Aptitude Test - All applicants will have to appear for an aptitude test which will be held on July 28, 2024. The duration of the test will be 60 minutes. The questions will be based on business communication, logical reasoning, basic questions of risk, and IT domain. Those who qualify the test will be eligible for a personal interview (PI).
Personal Interviews (PIs) - The personal interview will be with a panel of academic, industry corporate experts from NU and GRMI. It will be held on August 4, 2024. The panel, with their expertise in IT Risk, will test the candidate’s understanding of the domain. The results of this round will be released one week after the interview.
Program Starts: The PGDIRM Program will start from October 14th, 2024 at the NU Campus, which is 105 km from the International Airport, New Delhi. It is mandatory to be part of the residential program for the first 6 months before students go for the 6-months paid internship period.
Note(s):
Global Risk Management Institute ensures that their training is up to date with the corporate world and students get real experience. GRMI has partnered with many industries to provide internships where students get to participate in live projects of these partners, working with their business leaders to gain experience. GRMI has met 99.5% placements. 70% of our students convert their internship to a placement.
The average CTC offered is INR 9.5 LPA for the PGDRM batch and highest CTC was offered at INR 13.5 LPA whereas the median CTC was at INR 9.25 LPA. 85% of alumni work with Big 4 and 95% students work in Consulting firms. Some of the past employers are EY, PWC, KPMG, Deloitte, GT, Protiviti, Pepsi Co., Fortis Healthcare, BDO Rise, Tata Communications etc.
GRMI has a diverse faculty of highly qualified and accomplished individuals. They are the most distinguished scholars, who constantly do research in their respective fields. The entire faculty is extremely experienced and well versed in their subject matters. The faculty includes a total of 22 faculty members. 13/29 (45%) of the faculty members are existing industry practitioners at leading Consulting firms or corporates. A further 5/29 (17%) of the faculty members are former industry practitioners leading Consulting firms or corporates and 3/5 of these are the Core faculty members at GRMI.
Given below are the prominent faculty members of GRMI for PGDIRM course:
Faculty Name | Designation |
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Sooraj Nair | Director, Enterprise Risk, Ernst and Young |
Vivek Kumar Anand | Assistant Professor, Computer Science and Engineering, NIIT University |
Debasish Sengupta | Area Director, NIIT University |
Garima Lakhanpal | Director, Business Consulting Risk, Ernst and Young |
Check: GRMI Gurgaon Faculty
Hostel: The hostel fee is INR 1,62,000 for 6 Months of Hostel Stay in Single Seater Room, the fee will be paid in two instalments. It includes Boarding, Mess Charges towards standard mess food, access to facilities like sports, gymnasium, health center, library, internet. Hostel facility is provided only during the course period and not during internship.
Campus Life: The institute provides opportunities and experiences that build a community, help you grow personally and professionally, and create a place that you can call home now and throughout your life. GRMI has excellent infrastructure, equipped with all modern facilities. To enhance the student experience, GRMI provides access to a variety of clubs to join such as the Entertainment Club, CSR Club, LinkedIn Club, Entertainment Club, Sports Club, Knowledge Sessions, Excel Club, Table Tennis League, etc.
Library: The library on the campus has a collection of 1000+ books and journals (print and e-versions having an equal spread given today’s digitally disruptive environment) and the institute has subscribed to leading Indian and foreign periodicals and journals that students can access. Access is restricted to students and faculty on campus.
Counselling: The counselors at GRMI listen to students’ issues and concerns in a non-judgmental manner that inspires their trust and helps them move in a focused manner towards their goals.
Other Facilities: Campus Safety, Academic facilities, Library, IT Facilities, Sports & Gym, Dining, and Medical.
Ques. What are the advantages of enrolling for PGDIRM?
Ans. PGDIRM provides in-depth teaching and hands-on learning in cybersecurity governance, cybersecurity operations, and specific technology topics to help advance understanding of cyber-related risk and ability to govern cybersecurity audits and IT risk assessments. As threat intelligent and sustainable professionals, PGDIRM graduates help to protect network, platform and data security and data privacy. It will give a good headstart to the people who have an inclination towards IT or risk domain.
Ques. Is PGDIRM accredited by any professional body?
Ans. PGDIRM is co-created by GRMI and NIIT University (NU). NIIT University is a university notified under section 2(f) of UGC Act and created by Government of Rajasthan through its Legislative Act.
Ques. What is unique about PGDIRM?
Ans. PGDIRM is uniquely structured with the expertise and experience of risk professionals from GRMI and NU. Students will directly learn from the industry experts and leaders in the risk domain and will have the opportunity to build their networks in the field along with practical learnings.
Ques. Is PGDIRM program only for freshers?
Ans. PGDIRM program is for freshers as well as working professionals with 0-4 years of professional work experience.
Ques. What subjects are included in the Entrance Aptitude Test at GRMI?
Ans. The Aptitude Test is of 60 minutes and consists of MCQs. The questions in the test are based on Data Interpretation, Logical Reasoning, Venn Diagrams, Approximation & Conversion, Percentages, Number Systems. Also, it includes Verbal Ability like Reading Comprehension, Sentence Rearrangement, Antonyms and Synonyms, Error Detection, Idioms and Phrases, Fill in the Blanks, Match the Columns, Jumbled word/Paragraphs, Vocabulary & Grammar, One Word Substitution, and Basic QT. There will be no negative marking in the test.
Ques. What is the expected average salary after completing PGDIRM?
Ans. Students completing the PGDIRM program and the subsequent internship can expect an average CTC of INR 6 Lacs p.a. in their campus placement.
Ques. What are the potential careers paths for individuals completing PGDIRM?
Ans. A student who has completed the PGDIRM program will have a thorough understanding of IT risk management and IT governance requirements and regulations. Strong business acumen, commercially focused attitude Inspiring leadership capability with the motivation to develop others, build high performing teams and effectively delegate with appropriate levels of support Excellent project management skills including ability to lead fieldwork Should be able to execute IT audits independently. The roles that the students will be aligned to can be Senior, IT General Controls (Risk Consulting), Consultant - Business Consulting Risk, Information Security Officer, Data Security Manager, Information Security Auditor, Risk Consulting, IT risk & complaince, Cyber Security Manager, and so on.
Ques. Can I apply at GRMI after rejection?
Ans. Candidates who are rejected can apply for GRMI admissions the next year.
Ques. Does GRMI oofer any scholarships?
Ans. No, there are no scholarships offered at GRMI.
Ques. I am not a graduate student but I have work experience. Can I apply for admission to the Global Risk Management Institute?
Ans. No. Only graduates with a minimum 50% score/CGPA with or without work experience of 0-4 years can apply for our 1-year PGDRM program at Global Risk Management Institute.
Ques. How can I apply for a loan?
Ans. After the selection, the candidates are guided through the entire process by the finance team of the Global Risk Management Institute.
Ques. Why should I pursue a career in Risk Management?
Ans. 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.
Ques. What is the selection process of the Global Risk Management Institute?
Ans. The selection process of the Global Risk Management Institute is as follows:
Ques. When does the batch commence at Global Risk Management Institute?
Ans. At Global Risk Management Institute there are 2 intakes i.e.: January and July.
Ques. Do Global Risk Management Institute offers online, part time course or distance learning?
Ans. No. The PGDRM programme is a 1-year masters equivalent to MBA programme on-campus course and the institute do not offer online/distance learning or part time courses.
Ques. Can graduate from any stream can apply for PGDRM course at Global Risk Management Institute?
Ans. Yes, graduate from any stream can apply for the course as this is a specialized course, any candidate who is interested in Risk Management can opt for PGDRM course.
Ques. Does GRMI help me as a Fresher?
Ans. 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. The 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, the 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.
Ques. Is there any entrance test for admission at Global Risk Management Institute?
Ans. No. At Global Risk Management Institute there are no entrance test instead every student goes through 2 rounds of personal interview.
Ques. What are the expected job roles a fresher can go for after PGDRM programme from Global Risk Management Institute?
Ans. The job roles a fresher can expect after the programme are Internal Audit, Third-Party Risk Management, Cyber Security, Risk Advisory, Forensic Investigation, Treasury Risk, ESG Reporting and many more.
Ques. Does the Global Risk Management Institute provide internship opportunities?
Ans. Yes, 6-8 weeks of the internship is part of the curriculum of GRMI. The institute guarantees the internship which is related to the curriculum.
Ques. Do Global Risk Management Institute consider competitive examination marks for selection?
Ans. No. Global Risk Management Institute do not consider any competitive examination marks.
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Course | Fees | Eligibility | Action |
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PG Diploma 2 Courses | ₹9.5 Lakhs (Total Fees) | Graduation with 50% |
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