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National Insurance Academy Pune PG, Certificate Courses 2025

  • Private Institute
  • Estd. 1980
Dark Clock Icon Last updated on 4 Oct '24

National Insurance Academy Pune
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NIA Pune Courses and Fees 2025

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CoursesTuition FeesEligibility
MBA/PGDM(1 course)
11 L
Graduation : 50 %
Exams : XATCAT+1 More
PG Diploma(2 courses)
9.4 K
– / –
Certificate(2 courses)
4.7 K
Graduation : 50 %
Exams : CBSE 12thISC+1 More
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Commonly asked questions
On Fees and Eligibility

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?

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

A: 
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.
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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.
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NIA Pune Fee Structure

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Commonly asked questions
On Fees Breakdown

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

A: 
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.
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National Insurance Academy Pune
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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
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
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
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
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
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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AC
Anindya ChakrabortyVerified Icon
Post Graduate Diploma in Management (PGDM) - Batch of 2018
4.4
5Placements5Infrastructure3Faculty4Crowd & Campus Life5Value for Money
There is insurance, placements and fun.
Placements: The placements are seriously good in NIA. Since its inception, no student has been unplaced. This time also, all the students got placed in zero-day (first day of placement). The average package offered for this year was approximately Rs. 7.56 lakhs and the highest offer was Rs. 11 lakhs. As this is the most coveted institute for insurance in the country, almost all the top multinational insurance companies like Tata AIG, Bajaj Allianz, SBI Life, IFFCO TOKIO came to the campus. Some insurance brokers like Mahindra brokers, Aditya Birla brokers and some top information technology companies like Accenture, IBM, Syntel, L&T Infotech also came. All of these recruiters came for 16-18 placements. A good number of students got absorbed by the companies in which they did their internships (PPO). All in all, the placement at NIA are just great.
Infrastructure: The infrastructure in NIA is simply world class. All the lecture halls are air-conditioned and are properly equipped with the state of the art equipment. We have a library which is very easily the best library in Asia for the subject matter of insurance. A gym, table tennis, swimming pool, badminton and all the other recreational facilities are there on the campus. The campus itself is one of it's kind of lush greenery of utter grace.
Faculty: Most of the faculty consists of the industry experts as the subject needs experts, All of them have at least 20 years of working experience. The in-house faculty are amazing and can be reached anytime. The guest faculty are also organized for various subjects. The course curriculum consists of both general management and the insurance subjects. The students can take up the specialisation during the second year (finance, HR, marketing). Various seminars like insurance summit give the students the exposure of interacting with the industry experts and get a feeling of the corporate life.
Reviewed on 4 Dec 2017Read More
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National Insurance Academy Pune 
Admission FAQs

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

A: 

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.

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

A: 

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.

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

A: 

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.

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

A: 

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.

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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:   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?

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

A: 

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

Student Forum

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

Answered 2 months ago

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 p

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A

Aarushi Kalra

Contributor-Level 10

Answered 2 months ago

The key highlights of National Insurance Academy placements 2024 are tabulated below:

Particular PGDM Placement Statistics (2024)
Placement rate100%
Highest packageINR 22 LPA
Average packageINR 12.30 LPA
Median packageINR 11.70 LPA
Top 10% average packageINR 16.05 LPA
Top 50% average packageINR 14.10 LPA
Top 75% average packageINR 13.18 LPA
Total recruiters29
New recruiters11
PPOs received 57

A

Aarushi Kalra

Contributor-Level 10

Answered 2 months ago

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

A

Aarushi Kalra

Contributor-Level 10

Answered 4 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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M

Muskan

Contributor-Level 10

Answered 5 months ago

National Insurance Academy- NIA and IMT Nagpur - Institute of Management Technology both are renowned universities for MBA/PGDM. However, in terms of affordability, National Insurance Academy- NIA is a better option since the total tuition fee for National Insurance Academy- NIA is INR 1,100,000 and

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A

Atul Mishra

Beginner-Level 1

Content authored by:

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Hemansh Bhardwaj

Updated on Oct 4, 2024

National Insurance Academy Pune
Take a look at Campus

National Insurance Academy Pune Indoor Sports Block(1)Badminton Court
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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 ->