Founded in 1980, the National Insurance Academy (NIA) is a private business school situated in Pune. Accredited by the AICTE, NIA Pune offers PGDM and PhD programs in various fields including Insurance, General Management, and IT. Additionally, the institute provides a range of short-term online training and certificate courses. The PGDM students at NIA gain dual expertise in Insurance and Management. The academy has strong connections with Indian Insurance Companies, the Institute of Actuaries of India, Savitribai Phule Pune University, Federation of Afro-Asian Insurer and Reinsurer (FAIR), Institute for Global Insurance Education (IGIE), and regulatory bodies such as the Insurance Regulatory and Development Authority of India (IRDAI). Explore an overview of the National Insurance Academy (NIA) in the following table.
| Particulars | Statistics |
|---|---|
Establishment Year | 1980 |
Location | Pune |
Campus size | 32 Acres |
Recognised by | AICTE |
Number of courses offered | 2 |
Total faculty | 29+ |
Number of scholarships offered | 9 (Merit-based, Need based) |
Scholarship amount | Rs 1 lakh |
Popular recruiters | Accenture, Cognizant, Infosys, Policy Bazar, SBI General, among others. |
Highest salary offered (2021-23) | INR 18 LPA |
Average salary offered (2021-23) | INR 12.50 LPA |
NIA Pune offers a wide range of undergraduate and postgraduate courses to the students. Candidates seeking admission to NIA Pune courses are required to fulfill the minimum eligibility criteria set by the college for the desired course. The fee for all the courses offered here ranges between INR 4,720 and INR 943,000. Find below the list of all NIA Pune courses along with the fees and eligibility details:
| Courses | Tuition Fees | Eligibility |
|---|---|---|
MBA/PGDM(1 course) | 11 L | Graduation : 50 % Exams : XATCAT+1 More |
PG Diploma(2 courses) | 9.4 K – 17.7 K | – / – |
Certificate(2 courses) | 4.7 K – 2.4 L | Graduation : 50 % Exams : CBSE 12thISC+1 More |
National Institute Academy (also known as NIA Pune) offers a two-year full-time AICTE-approved PGDM programme. Ever since its inception, the institute is widely known for its 100 per cent placement record. At present, the institute is governed by LIC Chairman, Chairman-cum-Managing Directors of GIC, Public Sector General Insurers, representative of Ministry of Finance, Government of India, along with eminent independent members from Academia.
Students of NIA Pune are placed in the top sectors such as General Insurance, Life Insurance, Insurance Brokerage and BFSI. The institute conducts several Management Development Programmes (MDPs) to provide executives with a platform to interact with different levels of organisations.
National Insurance Academy Admission Criteria 2024
NIA Pune admission 2023 is conducted in online mode and is entrance-based only. Candidates seeking admission to PGDM programme should check the eligibility criteria in the first place. Below mentioned is summarised admission criteria for PGDM programme at NIA Pune:
- Selection to PGDM programme is based on the performance in CAT/ CMAT entrance exam
- Post the entrance exam score, selected candidates must appear for Group Discussion (GD), Personal Interview (PI) and Written Ability Test (WAT) conducted by the institute
- Past academic records are also taken into consideration for the final selection of the candidate
National Insurance Academy PGDM Admission 2024
National Insurance Academy Pune offers a two-year full-time PGDM programme, each year consisting of two semesters. The programme curriculum has a unique blend of Management and Insurance subjects such as Finance, HR, Marketing, IT along with General Insurance, Life Insurance, Re-Insurance and Pension. NIA Pune provides practical exposure and opportunity to interact with Regulators, CEOs of insurance companies, and other professional bodies. A few highlights regarding its PGDM programme are enlisted below:
NIA Pune PGDM Highlights | |
|---|---|
Course duration | 2 years (4 semesters) |
Seat intake | 80 |
Upper age limit to apply (in years) | 28 (General) 30 (Other reserved categories) |
Total course fee | Rs 9.4 Lakh |
Entrance exam accepted | CAT 2021, CMAT 2021 |
Highest salary offered (Batch 2021-23) | Rs 18 LPA |
Average salary offered (Batch 2021-23) | Rs 12.50 LPA |
