PGDM in Insurance Business Management From BIMTECH, Greater Noida

Latest Update: BIMTECH PGDM IBM admission for batch 2024 has begun. The last date to apply for BIMTECH PGDM is December 2, 2023. CAT 2023 Admit Card will be released on November 7, 2023, and the exam is scheduled for November 26, 2023. XAT 2024 registration has begun, and the last date to apply is November 30, 2023, and the exam is scheduled for January 7, 2024.

BIMTECH is one of the very few colleges in India to offer a specialized course in Insurance Management. BIMTECH’s PGDM in Insurance Business Management (IBM) achieves a good placement record every year with the majority of recruiters being Insurance Firms. Apart from PGDM in Insurance Business Management, BIMTECH also offers specialized PGDMs in Retail Management and International Business. For the batch of 2017, over 50% of the alumni of PGDM IBM are currently working in leading insurance companies of India like SBI General Insurance, ICICI Lombard, Prudent, Care insurance, Digit Insurance, TATA AIG and Exide. 

PGDM in Insurance Business Management (IBM) is a 2-year full-time program which is equivalent to MBA. BIMTECH Admission for batch 2023 has begun. Admission to the PGDM IBM program is based on valid CAT or XAT or CMAT or GMAT or MAT scores. Registration for XAT entrance exam is ongoing. The last date to register for XAT is November 30, 2023.

Check BIMTECH Courses & Fees

BIMTECH PGDM IBM Highlights

Check BIMTECH

BIMTECH PGDM IBM Important Dates 2024

Some of the Important Dates for PGDM IBM are as follows: 

Check BIMTECH Placement 2023

BIMTECH PGDM IBM Cutoff 2023

BIMTECH accepts valid CAT or XAT or CMAT or GMAT or MAT scores for Admission to the PGDM IBM program. The expected cutoff for Admission 2024 is as follows:

Check BIMTECH Cutoff

BIMTECH PGDM IBM Course Details

PGDM in Insurance Business Management (IBM) is a 2-year full-time Fully Residential program. PGDM IBM has a total intake of 60 seats. The total fees for the program is INR 11 Lakhs. Some of the details of PGDM IBM program are as follows:

BIMTECH PGDM IBM Eligibility Criteria

• Candidates who are Graduated with a Minimum of 50% Marks.
• Candidates appearing for Final Year Graduation Examination can also apply. Such candidates need to produce the final year result of Graduation with a minimum of 50% marks in aggregate on or before 31st October 2024.

BIMTECH PGDM IBM Selection Criteria

Candidates are required to appear for CAT or XAT or GMAT or MAT or CMAT entrance exam for Admission to PGDM IBM program. CAT / XAT / CMAT / GMAT / MAT scores are not required for NRI, Corporate / NRI, Sponsored Categories & Supernumerary Seats. Candidates are selected for the PGDM IBM program based on their Entrance Exam scores accompanied by a Personal Interview.

Final Selection is based on various criteria. The weightage for the Selection Criteria is given below:

Check BIMTECH Admission

BIMTECH PGDM IBM Syllabus

BIMTECH PGDM IBM is divided into 6 Trimesters. The details are as follows:

Read More: Which college is better for MBA among UBS, BITS, BIMTECH and NIT Trichy?

BIMTECH PGDM IBM Fees Structure

PGDM IBM Fees of BIMTECH is based on various categories of Students. The detailed Fees Structure for PGDM IBM is mentioned below:

Check BIMTECH Reviews

BIMTECH PGDM IBM Admission Process

The admission process for the PGDM IBM course of BIMTECH involves 3 stages. The steps in the selection process are as follows:

Step 1 - Application

The application form is common for all PGDM courses. Candidates seeking admission for PGDM IBM Programme at BIMTECH need to apply online through the official website www.bimtech.ac.in. The form can be filled out online by paying Rs. 2000/- through Credit or Debit Card.

Step 2 - Selection Process, Call for Personal Interview and Document Verification

The next step is shortlisting the applicants for Personal Interview (PI) based on the overall scores of CAT/XAT/CMAT/GMAT/MAT percentile. To avoid possible overlapping of the admission process with other B-Schools and to facilitate the early admission offer, BIMTECH schedules PI in two stages.

BIMTECH conducts an early-stage selection process after the third week of December 2023. The said process provides a candidate with an opportunity to appear for the process conveniently. The 2nd round of the selection process is done post declaration of CAT/XAT results after the 2nd week of February 2024. The 2nd round of PI is held for those candidates who get a minimum prescribed cut-off percentile.

Document Verification: Candidates should submit a self attested photocopy of the following documents

• Mark List of Class 10th.
• Mark List of Class 12th.
• Mark List of Graduation (All years / Semesters).
• Score card of CAT/GMAT/XAT/CMAT/MAT whichever applicable.
• Work Experience certificate (if applicable) from a registered company having turnover of Rs. 50 Crores or more in the preceding financial year i.e. 2022-23. The work experience should be in an executive or supervisory role for a minimum period of one year.
• Corporate Sponsorship Certificate (If applicable)
• NRI/NRI Sponsorship Documents (If applicable) as Prescribed
• Domicile Certificate from Competent Authority (if applicable)
• Proof of Nationality for International student

Step 3 - Declaration of Final Selection List

1. The final selection list is prepared by taking consideration of the candidates:
2. Past Academic Performance
3. Entrance Test Scores (CAT/XAT/CMAT/GMAT/MAT)
4. Performance in Personal Interview.
5. Work Experience (if applicable)
6. Other parameters, wherever applicable, as per the weightage table

Check BIMTECH EFPM

BIMTECH PGDM IBM How to Apply?

Admission Process for PGDM IBM program is as follows:

• Apply to BIMTECH online.
• Take the CAT-2023/XAT-2024/GMAT 2023-24/CMAT 2024/ MAT 2023 Examination.
• Short-listing of candidates based on CAT/XAT/GMAT/CMAT/MAT Score.
• Call for the "Selection Process" of Shortlisted Candidates.
• Final selection based on CAT/XAT/GMAT/CMAT/MAT Score as applicable for different programmes, Performance in the selection process, past academic performance & work experience (if any) and social profile

Check BIMTECH CAT Cutoff

BIMTECH PGDM IBM Placement 2023

BIMTECH has recently concluded the PGDM IBM Placement for batch 2023. The Highest Package stood at INR 23.43 LPA. The Average Package remained at INR 11.25 LPA. BIMTECH has also released a PGDM IBM Summer Internship report. 100% Students were offered Internship Opportunities. The details are as follows:

Read More: BIMTECH Admission Story Ayushman Singh Ratnu

BIMTECH PGDM IBM Ranking 2023

Here are the Top Rankings of BIMTECH 2023:

Read More: How are the placements at BIMTECH for Retail?

BIMTECH Alumni

BIMTECH PGDM IBM FAQs

Ques. Does BIMTECH have a NIRF Ranking?

Ques. What is the Fees Structure for PGDM IBM Program at BIMTECH?

Ques. Are Final Year Graduates eligible to apply for programs at BIMTECH?

Ques. What is the Expected MAT cutoff for PGDM IBM Program at BIMTECH?

Ques. What was the Batch Profile for PGDM IBM Batch 2022 at BIMTECH?