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Post Graduate Diploma in Management (PGDM) 

  • Private Institute
  • Estd. 1980

Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Overview

Duration

2 years

Course Level

PG Diploma

Mode of Course

Full Time

Total Tuition Fees

11.00 Lakh

Average package

12.30 Lakh

Official Website

Go to Website External Link Icon

Seat breakup

180

Type of University

Private

Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Fees

Fee componentsAmount (2 years)
11.00 Lakh
3.50 Lakh
14.50 Lakh
Info Icon

These are based on information available on various sources. Latest values may differ.

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Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Rankings

RankRank Publisher
#102

Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Highlights

  • The curriculum covers all management subjects finance,HR, marketing and IT, insurance subjects under general insurance, life insurance, re-insurance and pension
  • This is a 2 years residential programme with dual expertise one in insurance another in management subjects

Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Curriculum

Latest curriculum for Post Graduate Diploma in Management (PGDM) at National Insurance Academy Pune can be downloaded from the below link. The curriculum PDF has semester wise course structure, electives and detailed course content. You can also check course curriculum of other specializations offered in MBA/PGDM at National Insurance Academy Pune

Want to know more about National Insurance Academy Pune Scholarship details?
Read about Scholarship

Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Placements

ParticularsStatistics (2024)
Average SalaryINR 12.30 Lakh
Highest SalaryINR 22.00 Lakh
Median SalaryINR 11.70 Lakh
% Batch placed100
Lock IconTop Recruiters for National Insurance Academy Pune
3i Infotech
Aditya Birla Group
Atos
BAJAJ Allianz
Bharti AXA
Cognizant
IBM
ICICI Prudential
IFFCOtokyo
Infosys
Intellect Design
L&T Infotech
Marsh
Policy Bazaar
Reliance Industries Limited
religare
SBI Life
Swiss Re
TATA AIG Insurance
Tata Motors
View placement details

Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
 
Frequently Asked Questions

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

A: 

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:   How are MBA placements at National Insurance Academy- NIA?

A: 

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.

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

A: 

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.

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

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

A: 

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 packageINR 22 LPA
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Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Entry Requirements

General
GraduationUp Arrow Icon
  • 50%
XATUp Arrow Icon
  • N/A
CMATUp Arrow Icon
  • N/A
CATUp Arrow Icon
  • N/A
AgeUp Arrow Icon
Maximum: 28 years
Other eligibility criteriaUp Arrow Icon

Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Admission Process

  • Admission Process

Important Dates

May 31, 2024
Last date to apply

Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Cutoffs

Filter Icon3
GenderDown Arrow Icon
QuotaDown Arrow Icon
CategoryDown Arrow Icon
CMAT round-wise cutoff Rank: (General-All India)
Round201920222023
1757575
View Cutoff Details

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Read MBA/PGDM reviews from National Insurance Academy Pune
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Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Students Ratings & Reviews

4.4/5
Verified Icon17 Verified ReviewsInfo Icon
Placement Review IconPlacements4.6
Infrastructure Review IconInfrastructure4.4
Faculty Review IconFaculty & Course4.1
Crowd Review IconCampus Life4.4
Money Review IconValue for Money4.5
R
Rohit Ram P Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2022
Offered by National Insurance Academy- NIA
4.6
5Placements4Infrastructure4Faculty5Crowd & Campus Life5Value for Money
PGDM at NIA opens up a world of opportunities.
Placements: NIA offers 100% placements from its inception. This year, the average package offered is 10.3 LPA. The highest package offered was 29.5 LPA. 30% of the batch got PPOs during their summer internships. Core insurance roles, B.A roles and consulting roles are the major roles offered.
Infrastructure: The NIA campus is beautiful. The classrooms, hostels and library are the best in class. All necessary modern amenities are provided in the hostels. Modern sports and gym facilities are available. The mess is attached to the hostel, which serves decent food.
Faculty: At NIA, you have industry experts to make us understand the concepts in-depth. The curriculum is designed in a way that makes us industry-ready after 2 years of PGDM. We have a trisemester program, where an SIP is scheduled after 3 trisemesters. The exams are scheduled after each trisemester.
Other: The ROI at NIA is unmatchable with colleges of similar level. The insurance industry is currently known as the Sunrise industry, with a huge potential to reach out in the next decades to come, with a tremendous CAGR. A variety of events like HR Summit, Insurance Summit and Manthan are held every year to add an extra spice to your college life.
Reviewed on 25 Jan 2022Read More
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A
Abhishek Mandal Verified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2020
Offered by National Insurance Academy- NIA
4.6
5Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money
Mecca of Insurance with 100% placements .
Placements: Top insurance companies/brokers and Insuretech companies come in zero-day for placements and the batch had 100% placements. This batch had a record of PPOs, the packages are at par with industry standards, the roles offered were Underwriters, claims, business analyst etc. All of them play a pivotal role in the insurance industry.
Infrastructure: The library is well maintained with real-time check-in and check-outs, resident doctors are present on the campus every day. The college has a well-equipped gym and games centre. It also has a swimming pool, sauna as add one. One of the drawbacks is that the hostel does not have a Wi-Fi but the hostel is cleaned every day by the housekeeping and proper hygiene is maintained.
Faculty: The teachers are qualified as they are mostly professionals who come directly from the insurance industry. They are Masters in their respective domains and the knowledge imparted is unique and they give the right stepping stone for entering the insurance industry. Students get the chance to meet many professional through the Insurance Summit, HR summit and CD Deshmukh seminar.
Other: The college has a lush green campus in Pune and they are one of the premier institutions in India. The college fest Nathan is one of those events which is completely organized by students and students from other B-Schools come to participate in those events.
Reviewed on 8 May 2020Read More
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SS
Suman SaurabhVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2017
Offered by National Insurance Academy- NIA
4.6
5Placements5Infrastructure4Faculty4Crowd & Campus Life5Value for Money
Satisfied with college, its campus, facilities and course. It was a great experience.
Placements: Excellent placement, with a minimum package of 6 Lacs. There is almost 100% placement. Companies from IT sector, insurance sector, broking, consultancy firm took participate in the placement. The lowest was 6 Lacs and the highest was 10 Lacs. Roles like Underwriter, B.A. manager were offered. 100% of student got internship from the college. There is a separate placement cell in the college, who looks the placement process.
Infrastructure: Excellent greenery campus with all the facilities. Campus has all the facilities like library with all the amenities. Computer labs. There is a separate gymkhana for boys and girls with swimming pool. Food quality is average, only on Saturday, there is a special dinner. Hostel rooms are big, enough for two boys. We did not faces any infrastructure issues during our course period.
Faculty: All the faculty members are experienced with industry exposure. Faculty members come from the insurance industry and from other sectors best in their areas. There is no problem regarding faculty members. There are guest faculty members also for many subjects. Practical approach is mostly preferred. During our course period, we got the Industry exposure.
Other: FAIR seminar, HR summit, Film fest and many more.
Reviewed on 21 Apr 2018Read More
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SP
Sahil PuriVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2018
Offered by National Insurance Academy- NIA
5
5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money
The best institute to study in.
Placements: National Insurance Academy holds a record 100% placement since inception and has been regarded as one of best colleges in insurance industry. Regular recruiters include IFFCO Tokio GIC, SBI Life, SBI General, Bajaj Allianz GIC, Hlobal insurance brokers, etc.
Infrastructure: Campus of National Insurance Academy is spread over 32 acres with facilities live indoor badminton court, gymnasium, pool table, etc. It has world-class lecture halls. The institute also have an amazing library which includes journals, books and newletters.
Faculty: The course curriculum includes both management and insurance related subjects and the faculty includes both industry experts amd academicians. Thirty five percent of the course curriculum includes subjects eelates to insurance and rest general management.
Reviewed on 11 Apr 2018Read More
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SK
Shubhankar KabuVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2018
Offered by National Insurance Academy- NIA
3.8
4Placements5Infrastructure3Faculty3Crowd & Campus Life4Value for Money
Get ready for a lifetime opportunity and experience at NIA, Pune.
Placements: At NIA you can set back and relax as far as placements are concerned. Since inception, NIA has boasted 100% placement record. The list of recruiters includes Global, Marsh, JLT India, TCS, LNT, Mahindra, Accenture, Cognizant, IBM, Tata AIG, IFFCO TOKIO, ICICI Lombard, HDFC ERGO, Edelweiss, ICICI Prudential etc. Summer internship opportunities with PSU GICs. The highest package is 11.7 LPA, and the average stands at around 7.3 LPA.
Infrastructure: The best infrastructure you can get in the whole of Pune for MBA course. Lush green 32 acres campus with sprawling and mesmerising beauty. Swimming pool, badminton court, TT table, 8 lecture halls, Full-size amphitheatre, and much more. The campus has 1.8 Km jogging track inside it.
Faculty: About 70% of the general management subjects and 30% of the insurance specialisation. Best in-house faculty and amazing guest lectures from external faculty and alumni. Guest lectures from the insurance industry experts are just unparalleled and provide the best insight into the current industry practices.
Other: The management fest Manthan is organised in this college. Also, it conducts HR summit Tatva, and insurance summit Taj Hotel Mumbai.
Reviewed on 22 Mar 2018Read More
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Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
 
Students also asked

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

A: 
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.
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Q:   Which is the best course at National Insurance Academy- NIA?

A: 

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

A: 

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

A: 
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.

Q:   Which is better NIA Pune or NIBM Pune?

A: 

The table below compares the PGDM placement statistics of NIA Pune and NIBM Pune for the 2024 drive:

College/ Institute NameHighest Package (2024)Average Package (2024)Placement Rate (2024)
NIA PuneINR 22 LPA (PGDM)INR 12.30 LPA (PGDM)100% (PGDM)
NIBM PuneINR 26.51 LPA (PGDM B&FS)INR 14.23 LPA (PGDM B&FS)100% (PGDM B&FS)
qna

Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 

Student Forum

chatAnything you would want to ask experts?
Write here...

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

...more

M

Muskan

Contributor-Level 10

Answered 6 months ago

The projected CMAT cutoff percentile for NIA Pune is greater than 75. The weightage given to various components during selection is shown below. 1. Previous academic record: 20%. 2. Performance in CAT/CMAT: 50% 3. Performance in GD/PI: 30% 4. Relevant work experience (those candidates with relevant

...more

M

Muskan

Contributor-Level 10

Answered 7 months ago

 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

L

Liyansha Jain

Contributor-Level 10

Answered 7 months ago

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. 

L

Liyansha Jain

Contributor-Level 10

Answered 7 months ago

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. 

L

Liyansha Jain

Contributor-Level 10

Answered a year ago

To determine the minimum CMAT (Common Management Admission Test) score required for converting, several factors need to be considered, including the individual’s academic background, work experience, and the specific institution they are targeting. The following paragraphs will provide an overview o

...more

5047528
Yatendra Singh

Contributor-Level 10

Answered a year ago

Greetings to you too! With your excellent academic record and work experience in the IT field, you have a good chance of getting into a reputed business school for MBA. Both CAT and CMAT are good options to consider for admission to MBA programs in India. CAT is a national-level exam conducted by

...more

U

Uttkarsh beriwal

Guide-Level 15

Answered 2 years ago

PGDM offers core business units, such as underwriting, claims management, product development, reinsurance, actuarial department, and so on. They can also work for the insurance industry work for IT firms that provide marketing, reinsurance, and profile services, as well as risk manager profiles, an

...more

P

Priya Gore

Beginner-Level 3

Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
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Post Graduate Diploma in Management (PGDM)
 at 
National Insurance Academy Pune 
Contact Information

Address

National Insurance Academy
25,Baner Road, NIA P.O

Pune ( Maharashtra)

Phone
02027204444

(For general query)

02027204000

(For admission query)

Email
contactus@niapune.org.in

(For general query)

admissions@niapune.org.in

(For admission query)

Go to College Website ->