National Insurance Academy Pune: Courses, Fees, Admission 2024, Placements, Ranking
- Private Institute
- Estd. 1980
National Insurance Academy PuneWhat’s new?
The CAT 2024 result has been declared for NIA Pune admission to the MBA/PGDM courses. Candidates can log in and download their scorecards on the official website.
Here are some additional updates:
- CMAT 2025 registrations are closed now for admission to the MBA, PGDM, and MMS courses. The CMAT 2025 exam will be held on Jan 25, 2025.
- 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 2025
- 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 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:
Commonly asked questions On Popular Programs
Q: 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.
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:
Commonly asked questions On Admissions
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.
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.
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:
Commonly asked questions On Application Process
Q: 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.
National Insurance Academy Pune Cutoff 2024
National Insurance Academy Pune Cutoff 2024 will be updated here once out. During the admissions, the college considers the scores of CAT-2023, XAT-2024, and CMAT-2024. There is no Management Quota present for admission to the PGDM course at the National Insurance Academy Pune. Candidates can refer to the cutoff-related information below:
Commonly asked questions On Cutoffs
Q: What kind of profiles are offered to the students for courses at NIA? What is the CMAT cut-off for general category candidates?
Q: 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 |
National Insurance Academy Pune Placements 2024
National Insurance Academy Pune Placements 2024 will be updated here once out. The 2023 placement session concluded with the entire batch of 98 PGDM students placed successfully. Check the complete insights of National Insurance Academy placements 2023 from the table below:
Particular | PGDM Placement Statistics (2023) |
---|---|
Placement rate | 100% |
No. of students placed | 98 |
Average package | INR 12.50 LPA |
Median package | INR 13 LPA |
Highest package | INR 18 LPA |
Students placed with an average package above INR 12.50 LPA | 54 |
Total recruiters | 17 |
New recruiters | 6 |
No. of students received PPOs | 40 |
Popular recruiters | Digit General Insurance Company, Mahindra Insurance Brokers, Accenture Tech |
For more information about the National Insurance Academy- NIA check out the below video:
Course | Median Salary |
---|---|
MBA/PGDM | ₹11.7 LPA |
Top Recruiters
Commonly asked questions On Placements
Q: 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.
Q: 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
Q: 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 |
Q: 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 |
Q: 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 |
National Insurance Academy Pune Rankings 2025
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National Insurance Academy Pune Infrastructure
National Insurance Academy Pune has a state-of-the-art infrastructure with multiple facilities available for students. The college is spread across 32 acre of land. National Insurance Academy Pune has a modern campus with multiple facilities available in the college. National Insurance Academy has a big conference hall, library, and provides various other facilities to students.
Check out more on National Insurance Academy- NIA Infrastructure in the below videos:
Library
Hostel
Sports Complex
Labs
Others
Commonly asked questions On Infrastructure
Q: 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.
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.
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:
National Insurance Academy Pune Collaborations | ||
---|---|---|
International Union of Marine Insurance (IUMI) | - | - |
National Insurance Academy FAQs
The below-mentioned are National Insurance Academy FAQs:
Q: 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 |
Q: Can you rate the following colleges in terms of growth & placement : IPE,Hyderabad,NIA,NIBM,NIT Waran,XIME and BIMTECH,Noida?
Q: 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 |
Q: Is National Insurance Academy a good college?
Yes, National Insurance Academy is a good college. 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 Academy provides placement assistance to students.
Q: 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.
Q: Why should I take insurance as a specialization in MBA? Why should I choose NIA?
Q: Does this college offer a Non-Life Insurance course at NIA? How is its placement?
Q: 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% |
Q: 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.
Q: 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 |
Q: 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 |
Q: 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.
Q: 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.
Q: 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 |
Q: 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.
Q: Do CPCU exams cost paid by NIA? Does age matter during placements?
National Insurance Academy Pune
Student Forum
Answered 5 months ago
You need to fill out the appropriate portion of the NIA PGDM admissions form with your CMAT results. You can leave it blank or use a placeholder that says "score awaited" if you haven't gotten your score yet. Make sure you adhere to the institution's scoring requirements and submit your score as soo
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Updated on Jun 4, 2024
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I am appearing for CMAT. What should I fill in the score section when filling the admission form of NIA for PGDM?