Content Curator | Updated on - Mar 27, 2026

The Diploma in Insurance Risk Management is a specialized 1-year postgraduate diploma program offered by the School of Insurance Studies at National Law University, Jodhpur. The program is spread over two semesters and is specifically designed for engineering graduates to cater to the insurance industry's growing need for professionals skilled in risk assessment, risk analysis, and underwriting of business, industry, and individual risks. With a total fee of 98,000 for the entire course, the program offers 25 seats annually. The program is offered in non-residential mode, allowing students to pursue their studies while maintaining flexibility. The curriculum combines theoretical knowledge with practical industry exposure through industrial visits, internships, and special sessions by industry experts. The program does not require a specific entrance exam; admission is based on merit (70% weightage on graduation percentage/CGPA), group discussion (15% weightage), and personal interview (15% weightage). The program is popular among engineering graduates seeking specialized expertise in insurance and risk management, particularly given the insurance sector's transformation and the regulatory emphasis on risk assessment and consumer protection.

Admissions for the 2026-2027 batch are currently ongoing. The application deadline is May 30, 2026, with the final admission list to be published on June 12, 2026. Selected candidates must deposit fees by July 10, 2026, and classes commence on August 1, 2026.

KEY POINTS

Specialized curriculum designed exclusively for engineering graduates focusing on risk assessment, risk analysis, and underwriting
Comprehensive coverage of insurance subjects including Fire, Motor, Marine, Liability, Aviation, Engineering, Petrochemical, Energy, and Agriculture Insurance
Practical industry exposure through industrial visits, risk inspections, and loss control activities
Structured internships with leading insurance companies and broking firms providing hands-on experience
Flexible non-residential mode allowing students to balance studies with professional commitments
Industry-oriented pedagogy combining theoretical knowledge with practical application

Official Link:

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Highlights
Fees
Admission
Scholarships
Placements
FAQs

NLU Jodhpur Latest Updates and News

12 Feb, 2026 NLU Jodhpur Diploma in Insurance Risk management Fee structure 2026 has been released. The total academic fee is ₹ 97,000 .

12 Feb, 2026 NLU Jodhpur Admission 2026 is open for Diploma in Insurance Risk management. The last date to apply is May 30, 2026. Apply Now!

NLU Jodhpur Important Events

Diploma in IRM1

NLU Jodhpur Diploma Insurance Risk Management Fees

The Diploma in Insurance Risk Management program at NLU Jodhpur offers an affordable fee structure for non-residential students. The total program fee includes course fees, examination fees, library fees, and application fees. The program is designed to be cost-effective while maintaining high-quality education standards. The fee structure is transparent with clear breakdowns for each semester, allowing students to plan their finances accordingly.

Fee Breakdown by Semester

Fee Component	Amount (Per Semester)
Course Fee	40,000
Examination Fee	4,000
Library Fee	4,500

Total Program Fees

Particulars	Amount
Application Fee (One-time)	1,000
Semester I Total	49,500
Semester II Total	48,500
Total Fee for Course	98,000

The program is offered in non-residential mode, so hostel and mess charges are not applicable.
Fees are refundable as per University rules.
The University reserves the right to amend the fee structure if required.
Students are advised to verify current fee details with the University before applying.

NLU Jodhpur Diploma Insurance Risk Management Admission 2026

The admission process for the Diploma in Insurance Risk Management program is merit-based and transparent, designed to select engineering graduates with strong academic backgrounds and genuine interest in the insurance sector. The University conducts group discussions and personal interviews to assess candidates' communication skills, analytical thinking, and suitability for the program. The selection process ensures a diverse cohort of students from various engineering disciplines.

Key Admission Dates

Event	Date
Application Deadline	May 30, 2026
Publication of Final Admission List	June 12, 2026
Last Date for Fee Submission	July 10, 2026
Commencement of Classes	August 1, 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Applicants must hold a Bachelor's degree in Engineering (B.E/B.Tech) in any discipline from a recognized University/Institution with a minimum of 50% aggregate marks or equivalent CGPA
Applicants pursuing their final examination of Bachelor's degree in Engineering (B.E/B.Tech) are eligible to apply; they must submit marksheets up to the last year/semester passed and provide the final marksheet one month prior to the last teaching day of Semester I
A relaxation of 5% marks in minimum eligibility is provided to candidates belonging to SC/ST categories

Admission Process

Online application form submission through the University website (www.nlujodhpur.ac.in) with an application fee of 1,000
Upload of self-attested copies of 10th, 12th, and Engineering graduation marksheets along with Domicile Certificate
Shortlisted candidates are called for Group Discussion and Personal Interview
Final merit list is prepared with weightage: Graduation percentage/CGPA (70%), Group Discussion (15%), Personal Interview (15%)
Appearance in both Group Discussion and Personal Interview is mandatory; non-appearance results in disqualification
Selected candidates must deposit fees by July 10, 2026; failure to do so results in loss of seat, which is then filled from the waiting list
Waiting list candidates, if offered admission, must deposit fees by July 30, 2026

NLU Jodhpur Diploma Insurance Risk Management Scholarships 2026

NLU Jodhpur offers multiple scholarship and financial assistance options to support deserving students in pursuing the Diploma in Insurance Risk Management program. These scholarships are designed to make quality education accessible to students from diverse socioeconomic backgrounds and to recognize academic excellence. The University collaborates with various organizations and foundations to provide comprehensive financial support.

Available Scholarships

Scholarship Name	Eligibility	Coverage	Application Details
Merit-cum-Means Scholarship	Outstanding students with financial need	Partial to complete tuition fee coverage	Merit and need-based
Government Scholarships	SC/ST/OBC/EWS category students	As per government norms	Category-based, as per government guidelines
IDIA Scholarship	Economically and socially disadvantaged students	Tuition fees and other expenses	Comprehensive financial support
Aditya Birla Scholarship	Top-performing students	Tuition fee support	Merit-based, automatic consideration
Kotak Kenya Scholarship	Girl students with >75% in board exams and household income <15 lakh per annum	Tuition fee support	Need and merit-based

Educational loans are easily accessible through the on-campus branch of the State Bank of India and other recognized banks due to the University's prestigious status.
The University also facilitates scholarship applications through various memorial scholarship programs.
Students are encouraged to contact the admission office at 0291-2577530, 2577080, or 9636644237 for detailed information on scholarship availability and application procedures.
Scholarship amounts and eligibility criteria may be updated annually; students should verify current details with the University.

NLU Jodhpur Diploma Insurance Risk Management Placement 2026

The Diploma in Insurance Risk Management program has established a strong placement record with consistent industry engagement and recruitment from leading insurance companies, broking firms, and risk management consultancies. The program's curriculum alignment with industry requirements and the School's sustained relationships with insurance sector employers ensure meaningful career opportunities for graduates. The program's focus on practical skills and industry exposure makes graduates highly sought after by employers.

Placement Statistics

Metric	Details
Average Salary Package	3-4 LPA
Placement Rate	90-95% in recent batches
Primary Recruiters	Insurance companies, Broking firms, Risk management consultancies
Career Roles	Risk Manager, Surveyor, Claims Analyst, Underwriting Assistant, Risk Assessment Specialist
Industry Sectors	General Insurance, Life Insurance, Health Insurance, Reinsurance, Risk Management

The placement process begins during the final semester, with recruiters visiting the campus to conduct interviews. Graduates are well-positioned for roles in risk assessment, underwriting, claims management, and risk management positions across domestic insurance organizations. The School's strong alumni network provides valuable mentorship and networking opportunities for diploma graduates.

NLU Jodhpur Diploma Insurance Risk Management FAQs

Ques. Why is the Diploma in Insurance Risk Management specifically designed for engineering graduates?

Ans. The program is specifically designed for engineering graduates because the insurance industry requires professionals with strong technical and analytical skills for risk assessment, risk analysis, and underwriting of complex industrial and business risks. Engineering graduates bring valuable technical expertise that is highly valued in the insurance sector, particularly in areas like engineering insurance, petrochemical insurance, and energy risk management.

Ques. Is there a specific entrance exam required for admission to the Diploma program?

Ans. No, there is no specific entrance exam like CAT or CMAT required. Admission is based on merit (70% weightage on graduation percentage/CGPA), group discussion (15% weightage), and personal interview (15% weightage). This approach allows the University to assess candidates holistically, focusing on their communication skills and genuine interest in insurance.

Ques. What are the career prospects after completing the Diploma in Insurance Risk Management?

Ans. Graduates can pursue careers as Risk Managers, Surveyors, Claims Analysts, Underwriting Assistants, and Risk Assessment Specialists in insurance companies, broking firms, and risk management consultancies. The program's practical focus and industry exposure provide excellent career opportunities. Average salary packages range from 3-4 LPA with placement rates of 90-95% in recent batches.

Ques. How does the non-residential mode benefit students?

Ans. The non-residential mode allows students to pursue their studies while maintaining flexibility to work or manage other commitments. This is particularly beneficial for working professionals or those who prefer to arrange their own accommodation. The program structure is designed to accommodate students' diverse needs while maintaining academic rigor.

Ques. What practical industry exposure does the program provide?

Ans. The program includes industrial visits to insurance companies and risk assessment sites, internships with leading insurance companies and broking firms, loss control activities, and special sessions by industry experts. These practical components ensure that students gain hands-on experience and understand real-world applications of insurance and risk management concepts.

Ques. Can I pursue further studies after completing the Diploma in Insurance Risk Management?

Ans. Yes, the diploma provides a strong foundation for further studies. Graduates can pursue advanced certifications from the Insurance Institute of India (III), pursue an MBA in Insurance & Risk Management, or pursue other postgraduate programs in related fields. The diploma is recognized by the insurance industry and provides a pathway for career advancement and professional development.