Content Curator | Updated on - Mar 27, 2026

The Bachelor of Commerce (B.Com) in Insurance Management program at NRI Vidyadayini Institute of Science, Management, and Technology (NVISMT), part of NRI Group of Institutions, Bhopal is a 3-year full-time undergraduate course designed to provide specialized knowledge in commerce combined with insurance and risk management. The program integrates commerce fundamentals with practical insurance concepts, preparing students for careers in insurance companies, banks, and financial institutions. With a total fee of 56,190 for the complete course duration, this program offers quality commerce education with insurance specialization at an affordable cost. The course is offered in full-time on-campus mode and is recognized by the University Grants Commission (UGC) and affiliated to Barkatullah University, Bhopal. NVISMT has modern infrastructure with well-equipped classrooms, computer labs, and library facilities for comprehensive learning.

Admissions for B.Com (Insurance Management) at NRI Vidyadayini Institute are conducted on a merit-based system. The college follows guidelines set by Barkatullah University and Madhya Pradesh government for admissions. Students are advised to monitor the college website for updated admission dates and registration procedures. The application dates for B.Com (Insurance Management) are typically from May 14 to June 24, 2026 (based on previous year reference). The course commencement is usually in July of the same year. Interested candidates should contact the college directly for current admission timelines and application procedures.

KEY POINTS

Recognized 3-year undergraduate commerce program with insurance management specialization
Comprehensive curriculum covering insurance principles, risk management, and financial services
Modern infrastructure with computer labs and library facilities
Experienced faculty with expertise in commerce and insurance
Practical training in insurance operations and customer service
Strong placement record with good career opportunities in insurance sector
Affordable fees of 56,190 for the complete course
Excellent campus facilities including computer labs, library, and recreational areas

Official Link:

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Highlights
Fees
Admission
Scholarships
Placements
FAQs

NRI Vidyadayini B.Com (IM) Fees

The total fees for the B.Com (Insurance Management) program at NRI Vidyadayini Institute is 56,190 for the complete 3-year course duration. The annual tuition fee is approximately 18,730 per year, making it an affordable option for commerce education with insurance specialization. The fees include tuition charges, computer lab access, library facilities, and other academic expenses. Students can pay fees in semester-wise installments to ease the financial burden. The college offers flexible payment schedules and scholarship opportunities for merit-based and category-based candidates.

Fee Structure

Fee Component	Amount (INR)
Annual Tuition Fee (Year 1)	18,730
Year 1	18,730
Year 2	18,730
Year 3	18,730
Total Fees (3 Years)	56,190

All fees are as per Barkatullah University guidelines.
Fees can be paid in semester-wise installments.
Scholarships are available for merit-based and category-based candidates (OBC, SC, ST).
Students from Madhya Pradesh may be eligible for government-funded scholarships.
Additional charges may apply for examination fees and practical training.
Hostel fees are separate from tuition fees and vary based on room type and amenities.

NRI Vidyadayini B.Com (IM) Admission 2026

Admission to the B.Com (Insurance Management) program at NRI Vidyadayini Institute is merit-based and conducted through direct admission as per Barkatullah University guidelines. The college follows Madhya Pradesh government regulations for admissions and offers seats to both general and reserved category candidates. The admission process is transparent and conducted in accordance with university regulations. Merit-based selection is based on 10+2 marks.

Important Dates

Event	Date
Application Period	May 14 - June 24, 2026 (Reference)
Merit List Declaration	June 28, 2026 (Reference)
Counselling Date	July 1-3, 2026 (Reference)
Document Verification	July 3-5, 2026 (Reference)
Admission Confirmation	July 8, 2026 (Reference)
Course Commencement	July 2026 (Reference)

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

10+2 passed from a recognized board with any stream (Science, Commerce, or Arts)
Minimum 45% marks in aggregate for General category candidates
Minimum 40% marks for OBC (except creamy layer), SC, and ST category candidates
Minimum age of 17 years at the time of admission
Valid score in entrance examination (if applicable)

Admission Process

Candidates must have passed 10+2 from a recognized board
Application submission as per college guidelines
Merit-based selection based on 10+2 marks
Document verification and eligibility check
Fee payment and admission confirmation
Reporting at college for registration and orientation

NRI Vidyadayini B.Com (IM) Scholarships 2026

NRI Vidyadayini Institute offers scholarship opportunities to deserving B.Com (Insurance Management) students based on merit and category. The scholarship program aims to make quality commerce education with insurance specialization accessible to students from all economic backgrounds. Merit-based scholarships are awarded to students with excellent academic performance in 10+2. Category-based scholarships are available for OBC, SC, and ST candidates as per Madhya Pradesh government guidelines.

Scholarship Details

Scholarship Type	Eligibility	Amount	Frequency
Merit-Based Scholarship	10+2 marks above 75%	Up to 50% fee waiver	Per semester
OBC Scholarship	OBC category candidates	Up to 7,000 per year	Annual
SC/ST Scholarship	SC/ST category candidates	Up to 50% fee waiver	Annual
Government-Funded Scholarship	SC/ST domicile candidates	Full education fees	Annual

Scholarship amounts are subject to change based on college policies and government guidelines.
Merit-based scholarships require maintaining a minimum CGPA during the course.
Category-based scholarships follow Madhya Pradesh government reservation policies.
Application for scholarships must be submitted during admission registration.

NRI Vidyadayini B.Com (IM) Placement 2026

NRI Vidyadayini Institute has a dedicated Training and Placement Cell that facilitates campus recruitment and job placements for B.Com (Insurance Management) graduates. The placement statistics reflect strong demand for insurance professionals in the financial services sector. B.Com (IM) graduates are placed in insurance companies, banks, financial institutions, and corporate organizations. The college provides training and guidance to students for interview preparation and professional development. Graduates pursue careers as insurance agents, underwriters, claims adjusters, and insurance managers.

Placement Opportunities

Career Opportunity	Details
Insurance Companies	Insurance agents, underwriters, claims adjusters
Banks and Financial Institutions	Insurance product managers, relationship managers
Corporate Sector	Risk managers, insurance coordinators
Government Organizations	Insurance officers, administrative officers
Further Studies	M.Com, MBA in Insurance, professional certifications

NRI Vidyadayini B.Com (IM) FAQs

Ques. What is the scope of B.Com (Insurance Management) after graduation?

Ans. B.Com (IM) graduates have excellent career prospects in insurance companies, banks, financial institutions, and corporate sector. Many graduates also pursue professional certifications like LIC AAO, IRDA, or higher studies like M.Com or MBA in Insurance. The insurance sector offers diverse career opportunities with good salary packages.

Ques. What is the difference between B.Com (Insurance Management) and regular B.Com?

Ans. B.Com (Insurance Management) integrates commerce fundamentals with specialized insurance and risk management concepts. While regular B.Com focuses on general accounting and finance, B.Com (IM) adds insurance-specific subjects like insurance principles, underwriting, claims management, and risk assessment.

Ques. Is the fee structure of NRI Vidyadayini Institute competitive for B.Com (Insurance Management)?

Ans. Yes, the total fee of 56,190 for 3 years at NRI Vidyadayini Institute is very competitive and affordable compared to many private commerce colleges offering B.Com (IM) programs. The college also offers flexible payment options in semester-wise installments and scholarship opportunities.

Ques. What are the career prospects in the insurance sector?

Ans. The insurance sector offers diverse career opportunities including insurance agents, underwriters, claims adjusters, insurance managers, and risk managers. With growing insurance penetration in India, there is strong demand for qualified insurance professionals with good salary packages and career growth.

Ques. Are there internship opportunities during the B.Com (Insurance Management) program?

Ans. Yes, the B.Com (IM) curriculum includes internship and practical training as mandatory components. Students gain hands-on experience in insurance companies, banks, and corporate organizations. These practical experiences enhance students' professional skills and provide real-world exposure to insurance practices.

Ques. What professional certifications can B.Com (Insurance Management) graduates pursue?

Ans. B.Com (IM) graduates can pursue professional certifications like LIC AAO (Assistant Administrative Officer), IRDA (Insurance Regulatory and Development Authority) certifications, and other insurance-related qualifications. These certifications enhance career prospects and earning potential in the insurance sector.