How much does PG Diploma at National Insurance Academy- NIA cost?

The total tuition fee for PG Diploma at National Insurance Academy (NIA) in Pune is INR 11 lakh. The programme is a two-year full-time PGDM with an intake of around 180 or more seats and accepts entrance exam scores like CAT and CMAT. It offers a unique combination of Management and Insurance subjects and provides practical experience for interacting with industry professionals.

Which is better NIA Pune or NIBM Pune?

The table below compares the PGDM placement statistics of NIA Pune and NIBM Pune for the 2024 drive: College/ Institute Name Highest Package (2024) Average Package (2024) Placement Rate (2024) NIA Pune INR 22 LPA (PGDM) INR 12.30 LPA (PGDM) 100% (PGDM) NIBM Pune INR 26.51 LPA (PGDM B&FS) INR 14.23 LPA (PGDM B&FS) 100% (PGDM B&FS)

Is National Insurance Academy- NIA as good as Christ University for PG Diploma?

Pune’s National Insurance Academy (NIA) is highly respected for its Post Graduate Diploma in Management (PGDM) programme with a major thrust on insurance and risk management. NIA has an impressive placement record supported by its association with lead insurance companies in India and overseas which provide students with on-the-job experiences and good career prospects. The school also enjoys a strong alumni base, many of whom contribute towards scholarships. This out-of-the-ordinary curriculum integrates both management as well as insurance to give students an opportunity to take other insurance courses at the same time. Christ University, however, offers several courses including MBA programs. Nevertheless, whereas both NIA and Christ University have their own advantages; NIA stands out due to its specialisation in insurance management as well as industry linkages that make it a preferable option for those aspiring to join this profession. On the other hand, Christ University prides itself on offering diverse disciplines beyond insurance and risk management.

How is the NIA campus? What are the nearby facilities available to hang out? Will the course be very hectic as it is about Insurance sector?

National Insurance Academy has a big campus with multiple facilities available for students. There are modern classrooms, coneference halls, library, and various other facilities are available in the college. The course is not very hectic but it is easily manageable.

Is there any chance to get a call for GD/PI at NIA? Are there any BCom graduates in the institute? I have scored 79 percentile in CAT.

You will be getting a GD & PI call. GD PI will be in second last week of this month most probably (21,22), and will be held at NIA Pune Campus. Batch is mix of graduates from B.Com, B.E/B.Tech, B.Sc. etc. Almost 40 % students are from commerce background. Class comprises of 50% freshers as well.

Can you rate the following colleges in terms of growth & placement : IPE,Hyderabad,NIA,NIBM,NIT Waran,XIME and BIMTECH,Noida?

NIA being a premier institute in the field of insurance founded by Ministry of Finance GOI, LIC, Four GIC companies is a reputed institute in insurance industry. NIA established for the training and development of insurance professionals in the country. Placement from NIA is also in the related areas of insurance only. Where as the other institutes courses/programs are in general not in insurance and the placement in the insurance field from other colleges mostly in other domain. NIA stands out from rest of the colleges. Thus, comparing with other colleges is not possible. Sorry.

How many companies participated in NIA Pune placements?

As per the latest report, 29 recruiters from diverse sectors participated in the PGDM placement drive 2023-24. This included 11 first-time recruiters. The table below represents the number of recruiters that were part of National Insurance Academy Pune placements 2024: Particulars Placement Statistics (2023) Total recruiters 29 New recruiters 11

What is the latest cutoff information for admission to MBA at National Insurance Academy- NIA?

The latest cutoff information for admission to MBA at National Insurance Academy (NIA) is as below: - The overall cutoff percentile for CMAT in 2023 is 75. - The following are the expected cutoff percentiles for CAT, XAT and CMAT in 2024: - General / EWS: CAT - 75, XAT - 85, CMAT - 95 - NC-OBC / SC/ST/DA: CAT - 71.25, XAT - 80.75, CMAT - 90.25. - Merit list based selection process where there are weightages given for various criteria such as past academic records, entrance exam scores (CAT, XAT, CMAT), GD and PI performance, work experience etc.

Why should I take insurance as a specialization in MBA? Why should I choose NIA?

PGDM program in NIA aims at providing management education with focus on Insurance to the younger generation especially the ones who would like to make a mark in the sunrise industry of insurance. The PGDM programme is run from the same campus where middle and senior level executives from insurance industry come for executive development programmes. The student get a chance of observing the executives from a close quarters and also get the opportunity to attend various National and International seminars along with the executives and listen to industry veterans. All the best

Does this college offer a Non-Life Insurance course at NIA? How is its placement?

NIA offers 2 year PGDM course and which comprises of life, non life and general management subjects. Subjects are spread into six trimesters and non life courses including, marine, fire, motor, engineering, health, liability etc. are part of the curriculum. NIA has a good placement record. Placements will be in life, non-life, reinsurance, broker, IT companies etc. There is no dedicated course structure for non life. Course structure is approved by AICTE.

What are the job profiles offered during NIA Pune placements?

Some of the popular job profiles offered to students during National Insurance Academy Pune placements are mentioned below: NIA Pune Placements: Job Profiles Underwriting Manager Claims Manager Actuarial Analyst Business Analyst Risk Analyst Manager – Product Development & Pricing Business Development Manager Sales & Marketing Techno-Marketing

What is the dress code at NIA?

National Insurance Academy (NIA) is an AICTE-approved private business school and is ranked 4th among NIRF-ranked colleges in Pune. It offers programs like PGDM and Ph.D. across several streams, such as insurance, general management, and IT. Apart from that, NIA also offers Diploma and Certificate courses in insurance. Referring to your query, according to the code of conduct guidelines of NIA, students are advised to be in proper dress on campus, which is usually a formal business suit with a tie. Casuals are not allowed on campus and you need to wear formal business suits during academic activities.

What is the placement rate at NIA Pune?

The placement rate recorded for the PGDM batch 2022-24 was 100%. Refer to the table table to know the NIA Pune placement rate for 2024: Particulars Placement Statistics (2024) Placement rate 100%

What is the placement package of NIA Pune?

The highest package offered to the PGDM batch 2022-24 was INR 22 LPA. Further, the average package and median package stood at INR 12.30 LPA and INR 11.70 LPA, respectively. The table below represents NIA Pune placement package for 2024: Particulars Placement Statistics (2024) Highest package INR 22 LPA Average package INR 12.30 LPA Median package INR 11.70 LPA Top 10% average package INR 16.05 LPA Top 50% average package INR 14.10 LPA Top 75% average package INR 13.18 LPA

What is the average placement package offered at NIA Pune?

The institute has released the average package details for the PGDM batch 2022-24. The overall average package stood at INR 12.30 LPA. Furthermore, the average package for the top 10% and top 50% offers was INR 16.05 LPA and INR 14.10 LPA, respectively. The table below depicts the NIA Pune average package 2024: Particulars Placement Statistics (2024) Average package (overall) INR 12.30 LPA Top 10% average package INR 16.05 LPA Top 50% average package INR 14.10 LPA Top 75% average package INR 13.18 LPA

What is the placement scenario at National Insurance Academy?

The key highlights of National Insurance Academy placements 2024 are tabulated below: Particular PGDM Placement Statistics (2024) Placement rate 100% Highest package INR 22 LPA Average package INR 12.30 LPA Median package INR 11.70 LPA Top 10% average package INR 16.05 LPA Top 50% average package INR 14.10 LPA Top 75% average package INR 13.18 LPA Total recruiters 29 New recruiters 11 PPOs received 57

What is the average package offered during NIA Pune placements?

The overall average package for the PGDM batch passing out in 2023 was INR 12.50 LPA. Further, the average package for the top 10% of the offers was INR 18 LPA. Tabulated below is the National Insurance Academy Pune average package: Particulars Placement Statistics (2023) Average package INR 12.50 LPA Top 10% average package INR 18 LPA Top 50% average package INR 14.94 LPA Top 75% average package INR 13.86 LPA

How many students were placed during NIA Pune placements?

During 2023 PGDM placements, 98 students were placed successfully. In 2022 the number of students placed was 91. Looking at the past three years' data (2021 to 2023), a fluctuating trend was recorded in the number of students placed. The National Insurance Academy Pune placement trend in terms of number of students placed is depicted below: Particulars 2021 2022 2023 No. of students placed 92 91 98

What is the average package for PG Diploma students at National Insurance Academy- NIA?

For the 2023 placement drive, it was observed that the average package for PG Diploma students at National Insurance Academy (NIA) in Pune is INR 12.50 LPA. This is the same as if it refers to the mean remuneration given to Post Graduate Diploma in Management (PGDM) learners of NIA. Furthermore, during this time frame, INR 13 LPA was the median package. The figures clearly demonstrate how competitive are average salaries paid to graduates from NIA’s PG Diploma course.

Do CPCU exams cost paid by NIA? Does age matter during placements?

CPCU exam cost is included in the college fee. So it is paid by college. Age is not a criteria during placement in NIA by private companies. At the time of Joining the allowed maximum age limit for General & NC-OBC is 26, for SC& ST it is 28 years. Work experience is a criteria looking by companies mostly by IT sector. But more than 4 years is not appropriate.

When the results will be declared at NIA? My GD/PI was in April.

Students can check the overall exam schedule on the official website of NIA. Currently admissions are ongoing and GD/PI round is yet to happen. Hence, wait for the round to take place. Visit the official website for updated information on this.

What is the importance of 12th grade score for the PGDM course at National Insurance Academy?

Your class 12th marks have very much importance after 4 years of engineering during job because while your job is considered, during your interview each and every qualification that you have taken is considered and good marks show your hard work, Talent and Dedication towards your study and your seriousness about your career.

Approximately what percentile in CAT is required to get a call from NIA?

Expected Cut off for shortlisting students at NIA is mentioned in the table given below: Category Expected Cut-Off Percentile CAT XAT CMAT General / EWS 75 85 95 NC-OBC / SC/ST/DA 71.25 80.75 90.25

What kind of profiles are offered to the students for courses at NIA? What is the CMAT cut-off for general category candidates?

Some of them got Actuarial profiles, Risk management profile, Corporate sales, Claim settlement, Underwriting, etc. Future is not limited you can pursue your career as per your wish. You can find the network of alumni of NIA in almost all companies in good position. One of the biggest advantage is you can work with insurance companies both general and life, consulting firms, risk assessment, broker firms both direct and reinsurance brokers, IT companies as Business consultants etc. CMAT cut-off is 80 percentile for general category.

Who were the top recruiters during NIA Pune placements?

The list of recruiters that participated during NIA Pune placements 2024 for recruiting the PGDM batch is mentioned below: NIA Pune Placements 2024: Top Recruiters TATA AIA Iffco-Tokio Kotak General Insurance Mahindra Insurance Brokers SBI General Insurance Company TATA AIG HDFC Ergo Bajaj Allianz General Insurance Company India First Life Insurance Go Digit General Insurance Ltd. Marsh India Insurance Brokers Pvt. Ltd. Aon

Which sector involves the largest share of NIA Pune alumni?

According to unofficial sources, a large share of National Insurance Academy Pune alumni work in the Finance sector with a 19% share. The other top sectors that involve the majority of alumni are Business Development and Sales. The detailed sector-wise distribution of alumni is presented in the table below: Sector Percentage of Alumni Finance 19% Business Development 16% Sales 15% Education 13% Operations 10% Research 10% Others 17% NOTE: The sectors involved in the 'Others' category are Customer Success and Support, Consulting, and Administrative.

Which was the top sector during NIA Pune placements?

General Insurance emerged as the top recruiting sector with 54.50% of the batch placed in it. This was followed by the Insurance Brokers sector with 20% of the PGDM batch placed. The table below illustrates the sector-wise distribution of National Insurance Academy Pune placements 2024 for PGDM: Sector Placement Percentage (2024) General Insurance 54.50% Insurance Brokers 20% Life Insurance 14.50% IT/ ITES 7% Health Insurance 1.50% Reinsurance 1.50% Consulting 1% The institute has also released the number of companies from diverse sectors that participated in the 2024 drive. Over 71 companies participated from the General Insurance sector. The snip below showcases the sector-wise number of recruiters: Source: Official Placement Brochure 2024-25

How are MBA placements at National Insurance Academy- NIA?

For the past 30 years, one hundred percent of National Insurance Academy (NIA) MBA placements have been successful. NIA maintains strong connections to the insurance industry, which mean that its students get access to good jobs on graduation. Some recruiters from other sectors at NIA are insurance and reinsurance businesses, MNC brokers, catastrophe modeling companies, financial institutions and consultancies and IT Companies among many others. the highest package during placements for 2024 at NIA Pune was INR 22 LPA which is an indicator of quality opportunities available for the learners. In addition to this, NIA has a well-structured training programme that covers soft skills training; mock GD/Interviews; debates; case studies; Industrial visits and exposure to various sectors like automobile manufacturing actuarial institute and ports among others which increases students’ readiness for industry. As such, the placements at NIA cater for diverse fields hence a wide range of job opportunities for MBA graduates.

I got 78.29 in CMAT. I have no job experience. I took a gap after BCom. What are the chances of admission to NIA?

The expected CMAT cutoff percentile for NIA Pune is above 75. The weightage given to various components in selection are given below. 1. Past Academic Record : 20% 2. Performance in CAT / CMAT : 50 % 3. Performance in GD/PI : 30% 4. Relevant work Experience (appropriate weightage will be given to those candidates with relevant work experience at the time of interview) . So from above work experience have little bit advantage here, but if your academic and GD/PI performances are well than you can convert this. Good luck

What is the eligibility criteria for admission to PG Diploma at National Insurance Academy- NIA?

Here are the prerequisites for admission to PGDM at NIA: - Any graduate with not less than 50 percent marks. - General, EWS, OBC-NC candidates have upper age limit of 28 while SC/ST/DA candidates’ age is capped at 30 as on July 1st, 2024. - To get admitted into PGDM Course in NIA Pune, a candidate should score at least 50% in graduation. - Selection process includes entrance examination such as CAT/XAT/or CMAT followed by GD / PI / and WAT.

How can I withdraw the fee, which I have paid at NIA?

Please put a mail to the admission office regarding the same. Including your transaction details and to which account you want yo receive the same. NIA will be following all the procedures as per the AICTE rules and regulations for withdrawal of admission. Don't forget to mention your registration no. And the date of selection and GD/PI details.

Does NIA Pune offer scholarships to students?

Yes, NIA Pune offer scholarships to students as financial assistance. The below-mentioned are scholarships awarded to the PGDM Batch 2019-21: National Insurance Academy Pune Scholarships Mahadeo Narayan Parchure Memorial Award Ram M Moghe Memorial Prize Lingraj Mishra Gold Medal Jagdhir Boda Gold Medal Subhash Chandra Sarker Memorial Prize - Note: The scholarships mentioned above are from the past year. Hence, visit the official website for updated information.

Are there any scholarship programmes for UG courses at National Insurance Academy- NIA?

National Insurance Academy in Pune has scholarship programs for undergraduate (UG) courses. The NIA provides scholarships to the deserving students, and among them are nine Rs. 1 Lacs scholarships each for meritorious students, girl students and eligible students. These scholarships have been designed at NIA to assist scholars with satisfactory performance at NIA. Moreover, the financial support programme that is embodied in these scholarships is a right way of achieving this goal.

Which is the best course at National Insurance Academy- NIA?

The best course offered in National Insurance Academy (NIA) is the Post Graduate Diploma in Management (PGDM). It is well respected and offers an all-round education in insurance, risk management to enable graduates excel in the insurance sector. They are recognised for being the best due to its world class PGDM program, practical nature and good placement records which make it a number one choice for those who want to have a successful career in insurance industries and related fields.

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National Insurance Academy Pune: Courses, Fees, Admission 2024, Placements, Ranking

Balewadi, Pune

4.4 /5

(17 Reviews)

132 Student Q&A

Private Institute
Estd. 1980

National Insurance Academy Pune
What’s new?

The CAT 2024 result for NIA Pune admission to the MBA/PGDM courses is expected to be released by Dec 20, 2024.

Here are some additional updates:

CMAT 2025 registrations are going on for admission to the MBA, PGDM, and MMS courses; the last date to apply has been extended to Dec 25, 2024. The CMAT 2025 exam will be held on Jan 25, 2025.

National Insurance Academy Pune Overview

Table of content

National Insurance Academy Pune Highlights 2024
National Insurance Academy Pune Popular Programmes 2024
National Insurance Academy Pune Admission Process and Important Dates 2024
National Insurance Academy Pune Application Process 2024
National Insurance Academy Pune Cutoff 2024
National Insurance Academy Pune Placements 2024
National Insurance Academy Pune Rankings 2024
National Insurance Academy Pune vs Other Colleges- Which is better?
National Insurance Academy Pune Student Reviews
National Insurance Academy Pune Courses and Fees 2024
National Insurance Academy Pune Scholarships 2024
National Insurance Academy Pune Infrastructure
National Insurance Academy Pune Faculty
National Insurance Academy Pune Collaborations and Partnerships
National Insurance Academy FAQs

National Insurance Academy Pune Highlights 2024

National Insurance Academy is ranked 101-125 by NIRF 2023 under the Management Institutes category. NIA College Pune was established in 1980 jointly by the Ministry of Finance - Government of India, General Insurance Corporation of India, Life Insurance Corporation of India, The New India Assurance Company, National Insurance Company, The Oriental Insurance Company, and United India Insurance Company. National Insurance Institute Pune offers PG, certificate, and various other courses to students. These courses are provided across the Management and various other streams.

National Insurance Academy offers AICTE-approved and NBA-accredited courses to students. Its PGDM course has been granted MBA equivalence by AIU. National Insurance Academy Pune provides PGDM as a flagship course for students. National Insurance Institute Pune provides placement assistance to students. The major highlights of the National Insurance Academy are tabulated below:

Particulars	National Insurance Academy Pune Highlights 2024
Establishment year \| Ownership type	1980 \| Private College
Also known as	National Insurance Academy
Campus size	32 acre
Accreditation	NBA
Recognised by	AICTE
Rankings (2023)	101-125 by NIRF (Management Institutes)
Flagship course	PGDM
Official website	niapune.org.in/
Prospectus	Download
Shiksha Reviews (Overall)	4.4/5

Check out more on NIA Pune Highlights :

Commonly asked questions
On Highlights

Q: What is the highest package offered at NIA Pune?

The highest package grabbed by the PGDM batch 2022-24 was INR 22 LPA. There are no past years' records for comparison. Refer to the table below to know the NIA Pune's highest package 2024:

Particular	PGDM Placement Statistics (2024)
Highest package	INR 22 LPA

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Q: I have got 64.6% in 10th, 72.6% in 12th, 58.6% in B.Com, 62% in M.Com and 88.36%ile in CMAT, can I get a call from NIA?

Well, the weightage that they follow is as follows: Past academics - 20% CMAT/CAT - 50% GD/PI - 30% Also, students with relevant work experience will be given preference. So my opinion to you is to apply anyway. Because, your past academics show an average rating while you have a decent score in CMAT. So, I think your CMAT score will compensate for your academics. Apply if you are shortlisted, do well in the GD/PI session. All the best. http://www.pgdm.niapune.org.in/admissions/adminssion-procedure.

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Q: How difficult is it to get into National Insurance Academy for PGDM course?

National Insurance Academy is one of the best colleges present in India offering Management education to students. The mode of National Insurance Academy course admissions is online. Admission to various programmes is based on entrance exam scores and merit. The accepted entrance exams are XAT, CAT, CMAT, and others. Hardworking students can easily get admission to the various courses offered at National Insurance Academy Pune.

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Q: What is the fees for MBA at National Insurance Academy- NIA?

PGDM is a two-year management programme that costs Rs. 11.25 Lacs at the National Insurance Academy (NIA) in Pune. Besides areas such as human resource, marketing and finance, other management subjects include IT and insurance related topics. NIA presents its students with an opportunity of undertaking summer internships within private insurance companies from different Multinational corporations dealing with public sector general insurances. After successfully completing the course, one is likely to earn about Rs 7.56 Lacs per annum on average with leading placement firms being HDFC Bank, ICICI etc., among others.

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Q: Can I get direct admission in National Insurance Academy?

Admission to various courses at National Insurance Academy is based on merit and accepted entrance exam scores. The accepted entrance exams are XAT, CAT, CMAT, and others. Candidates must secure a valid score in the accepted entrance exam for a successful admission to various courses. For direct admission details, please visit the official website of the college.

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National Insurance Academy Pune Popular Programmes 2024

National Insurance Academy Pune popular programme is PGDM. The curriculum of PGDM consists of 60% core Management subjects such as Finance, HR, Marketing, Analytics, and Technology. Along with this, there are 40% Insurance subjects, namely Life Insurance, General Insurance, Re-Insurance, and Pension. NIA has a 100% placement record. National Insurance Academy Pune alumni are working with various reputed multinationals, Indian Insurance companies, Insurance Brokers, and various other IT companies both abroad and in India. Below mentioned are some of the courses offered by National Insurance Academy Pune and their respective eligibility and National Insurance Academy fees:

MBA/PGDM

1 Course

4.42 years101-125 NIRF

Exams Accepted

Total Tuition Fees

₹11 L

Get Fee Details

Median Salary

₹11.7 LPA

PG Diploma

2 Courses3 months

Exams Accepted

– / –

Total Tuition Fees

₹9.44 K

Get Fee Details

Median Salary

– / –

Certificate

2 Courses3 - 8 months

Exams Accepted

Total Tuition Fees

₹4.72 K

Get Fee Details

Median Salary

– / –

View All 3 Courses

National Insurance Academy Pune Admission Process and Important Dates 2024

The mode of National Insurance Academy course admissions is online. Admission to various courses is based on entrance exam scores and merit. The accepted entrance exams are XAT, CAT, CMAT, and others. Candidates applying through CAT must first register for the CAT exam. Then wait for the CAT admit card. Then appear for the CAT exam and score well. Then the students must appear for the selection round of the college. Then selected candidates must pay the admission fee for admissions. Below mentioned are some National Insurance Academy admission dates for 2024:

For more information about the National Insurance Academy- NIA check out the below video:

MBA/PGDM Admissions 2025

1 Course2 years

Eligibility

Undergraduate Degree with 50% aggregate
Accepting Exams: XAT, CAT, CMAT

Important dates

Dates	Events
20 Dec '24	XAT 2025 admit card download starts
Dec '24	CAT 2024 result announcementTentative
14 Nov '24 - 25 Dec '24	CMAT 2025 registration and application processOngoing

Admission Details for all courses

National Insurance Academy Pune Application Process 2024

Candidates willing to get admission must take part in the National Insurance Academy Pune admission process before the last date of application. Candidates must know their National Insurance Academy Pune eligibility criteria and pay an application fee of INR 1,500 for admission to the PGDM course. Follow the National Insurance Academy NIA Pune application process mentioned below:

Step 1: Visit the official website of the National Insurance Academy NIA Pune which is https://niapune.org.in/.

Step 2: Select the required course.

Step 3: Click on the Apply Now tab.

Step 4: Fill out the application form and pay the application fee.

The below-mentioned are NIA Pune admission dates for 2024:

View Application Process Details

National Insurance Academy Pune vs Other Colleges- Which is better?

The below-mentioned table reflects on the comparison between National Insurance Academy Pune and other colleges:

College Name	NIRF Rank 2023	Highest Package	Tuition Fee (PGDM)
National Insurance Academy Pune	101-125	INR 18 LPA (2023)	INR 11 lakh
NIBM Pune	N/A	INR 23.5 LPA (2022)	INR 13.7 lakh
Welingkar Mumbai	73	INR 25.48 LPA (2023)	INR 94.4 K - INR 14 lakh

Note: The above-represented data has been collated from multiple unofficial sources and hence, is indicative.

Compare National Insurance Academy Pune with other similar colleges

MBA/PGDM

PG Diploma

Certificate

College	Median Salary	Total Tuition Fees	Ranking
National Insurance Academy Pune	₹ 11.7 LPA	₹ 11 L	101-125 NIRF, 2023
TimesPro Compare	-/-	₹ 1.69 L - 14.7 L	-/-
SNAP Compare	₹ 6.15 LPA - 10.45 LPA	₹ 13.6 L	-/-

The values are of the latest years available with Shiksha. For more details, check detailed comparison

View comparisons

National Insurance Academy Pune Faculty

National Insurance Academy Pune has experienced faculty members with years of experience in relevant fields. National Insurance Academy Pune faculty motivates students to work on their knowledge and skills. National Insurance Academy Pune conducts faculty and student exchange programmes.

View Faculty Details

National Insurance Academy Pune Collaborations and Partnerships

National Insurance Academy Pune has collaborated with various companies and organisations. National Insurance Academy Pune has signed MoU with various industries and organisations. The below-mentioned are National Insurance Academy collaborations: