National Insurance Academy Pune: Courses, Fees, Admission 2026, Placements, Ranking

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

According to the NIA Pune expected CMAT Cutoff, the overall percentile required for admission to NIA Pune MBA course was 95 for the students belonging to the General All India category. For more information, click here. 

 

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.

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:

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.

National Insurance Academy PGDM degree holders can develop a career in the government sector. The government sector provides job security, stability, and work-life balance for employees. Some of the in-demand PGDM career opportunities in the government sector are as follows:

• Economist through the Indian Economic Service (IES) Examination
• Reserve Bank of India Grade B Officer
• Staff Selection Commission Officer
• Probationary Officer for Government Banks
• IAS, IPS, and IFS through the entrance exam UPSC CSE

NOTE: The aforementioned data is taken from various sources. It is still subject to change and, hence, is indicative.

National Insurance Academy has set forth the qualification criteria to be met by PGDM applicants to be granted admission. Before applying, aspirants must ensure that they meet the academic qualifications. Aspirants must have completed a three-year Bachelor's Degree from an accredited university. They should have attained a minimum aggregate of 50% throughout the three years of degree examinations. Candidates are shortlisted according to the marks acquired in the approved entrance test.

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. 

The overall average package for the PGDM batch passing out in 2025 was INR 12.74 LPA. From 2023 to 2025, the average package has been fluctuating. It dropped from 2023 to 2024 and then increased in 2025. Tabulated below is the National Insurance Academy Pune average package:

Particulars	Placement Statistics (2023)	Placement Statistics (2024)	Placement Statistics (2025)
Average package	INR 12.85 LPA	INR 11.70 LPA	INR 12.74 LPA

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:

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

Since every section of CMAT has 20 questions in total, solving 15 to 18 questions in each section with 80 percent accuracy is considered a good attempt in CMAT, and it can ensure a good percentile in the exam. In the GK section, about 10 to 12 correct attempts will be enough. Out of 100 questions, candidates must try to solve about 70 to 75 questions to achieve a 99 percentile. However, candidates must aim to solve a higher number of questions with maximum accuracy and minimize negative marking. To be able to achieve this target, candidates have to prepare for the CMAT in a disciplined manner. Candidates must set aside about three months to complete the CMAT syllabus, as they have to study five subjects and their numerous topics. If they have appeared for CAT, XAT, and IIFT exams, then they can complete the CMAT syllabus in one month as well. However, it is advised that candidates spend at least three months on CMAT syllabus for complete preparation.

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.

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.

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.

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.

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.

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.

CAT cutoffs are usually not announced with the CAT result. The CAT cutoffs are also not released to the public.

They are published after a few days of the result announcement when the IIMs and other colleges start their shortlisting process. The IIMs opens their shortlisting window based on the CAT cut-offs two to three days after the result announcement. The CAT percentile of candidates shortlisted for the Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI) can be considered the cut-off for that IIM. For example, if a candidate with a CAT percentile of 99 belonging to the General category is selected for the WAT/GD-PI of IIM Calcutta, then the CAT cut-off for IIM Calcutta is 99 percentile. Only those candidates who make it to the WAT/GD-PI round of IIMs will get to know the cut-offs.