The course for the PGDM (Banking & Insurance) program is spread over six trimesters, each trimester being of 11-12 weeks. The first three trimesters are essentially devoted to foundation courses, across core areas of management. These are aimed at providing the student the conceptual

understanding of the functional areas such as:

f) Basic areas, e.g. Economics and Organizational Behavior

g) Techniques, e.g. Statistics and Research Methods

h) Functional areas, e.g. Marketing and Finance

i) Integrative areas, e.g. Strategy and International Business

j) Technology, e.g. Management Information Systems

Core Courses

Managing Oral Communication Financial Econometrics
Modern Bank Management Banking and Insurance Laws & Regulations
Written Analysis & Communication- Financial Statement Analysis, Credit Evaluation &
Recovery Management
Financial Mathematics Research Methods for Management
Financial Accounting & Analysis Business Analytics I
Information Technology for Decision Making Risk Management
Business Economics Investment Management
Fundamentals of Banking, Insurance &
Human Resource Management in Banking and
Insurance Corporate
Organizational Behaviour Strategy Risk
Written Analysis & Communication-II Management-II
Business Statistics Retailing of Banking and Insurance
Cost & Management Accounting Risk Management III
Corporate Finance Risk Management IV
Financial Markets & Services International Banking & Insurance
Marketing Management General Insurance
Services Operations Management  
Life Insurance  

Elective Courses

Courses in the 2nd year are designed to offer students an opportunity to pursue their interests in various interest areas banking, insurance and general management. Students will thus have an opportunity to specialize in the functional area of their interest.

Banking & Insurance Area

  • Financial & Commodity Derivatives
  • Health and Care Insurance
  • Liability Insurance
  • Advanced Bank Management
  • Management Of Financial Services
  • Marine & Fire Insurance
  • Motor Insurance
  • Pension and other Employee Benefits
  • Project And Infrastructure Finance
  • Reinsurance
  • Retail Banking
  • Sales & Distribution for banking and insurance
  • Treasury Risk Management

Summer Internship

On completion of 1 st year, students are required to gain hands-on experience in the application of core concepts and functional skills. This practice of ’Learning by Doing’ helps the student relate the rigor of theory in the world of business. The students work on projects as per the specification of the company. At the end of eight to ten weeks of such a closely guided project, under the supervision of the company executive(s), they submit a report to the company and the Institute. The concerned company executive normally provides feedback to the Institute on the student’s performance. Successful completion of Summer Internship is an essential requirement for the award of the IMI Diploma.


Faculty at IMI enjoys academic freedom to adopt appropriate pedagogy for imparting education. Pedagogy would be a combination of lectures, case discussions, presentations, assignments and project work. The primary emphasis would be on interactive and participative methods of learning. Faculty for the program is primarily in-house from IMI but may also include Adjunct or Visiting faculty. Guest lecturers from industry practitioners are also organized to expose students to the current business environment and practices.

Schedule of classes

Classes for the PGDM (Banking & Insurance) program are held every day starting at 8.30 am and can extend up to late evening hours, including weekends, to suit the requirements of the program. Each class is of 90 minutes duration. Attendance in all classes is compulsory. Classes shall tentatively begin, from the 2nd/3rd week of June 2014.