Risk Management will be on the trending verge tomorrow and hence can be well paying. The need for risk professionals in India right now  is about 10 thousand people per year and is expected to go upto 1 lakhs in next 3 to 5 years. GRMI is a good INSTITUTE as well. So yes you can go for it from the same institute to pursue risk management and you'll have a good scope too in the future.

Best wishes. Thank you.