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

Balewadi, Pune

4.4 /5

(20 Reviews)

168 Student Q&A

Private Institute
Estd. 1980

Last updated on 29 Apr '26

4.6

Placements

4.4

Infrastructure

4.1

Faculty & Course

4.4

Campus Life

4.6

Value for Money

Siddharth Sarkar Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2027

5.0

NIA Pune - Gateway to the Indian private insurance sector.

Placements: 100 percent placements since inception. The highest package is around 22 LPA, and the average is around 13 LPA. Top recruiters include Bajaj General, HDFC Ergo General, Value Momentum, Marsh India Brokers, Capgemini, TATA AIG, Mahindra Insurance Brokers, and many others. 100 percent of the batch gets summer internships in the general insurance, life insurance, insuretech, and brokers sectors, with almost more than 50 percent of batch getting PPO. Top roles offered are Underwriting, Claims Management, Insurance Consulting, Business Analyst, and B2B Sales.

Infrastructure: Wi-Fi access throughout the campus, huge classrooms, and specialized insurance labs for research. NIA's library is vast and among the best for insurance studies. Food is really good, there is a swimming pool, sauna, gym, basketball court, and cricket/football ground. There is an on-campus clinic too.

Faculty: All the faculty are highly respected within the industry, with years of experience in the insurance sector. The course is very much in line with what is expected in the insurance sector, making students industry-ready. NIA has a trimester system, making studies a bit hectic. However, it's manageable with regular studies.

Other: I chose NIA because I wanted to enter the insurance sector, and NIA is the best gateway to enter the private insurance sector in India. There are several events throughout the year HR summit, insurance summit, and Manthan. The campus is in a very happening area of Pune, bringing insane proximity to all hotspots. There are merit scholarships available.

Reviewed on 30 Dec 2025Read More

(1)

1 person found this helpful

Rohit Ram P Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2022

4.6

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

Abhishek Mandal Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2020

4.6

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

(1)

1 person found this helpful

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National Insurance Academy Pune
What's new?

National Insurance Academy- NIA admission 2026 is open. Below are some of the other important NIA Pune admission latest updates:

The last date to apply for admission is Mar 31, 2026.
The CAT 2026 registration is expected to start in the Aug, 2026 for admission to the MBA course.
The CMAT 2026 result has been declared for admission to the MBA/PGDM/MMS courses.

National Insurance Academy Pune Overview

Table of contents

National Insurance Academy Pune Highlights 2026
National Insurance Academy Pune Popular Programmes 2026
National Insurance Academy Pune Admission Process and Updates 2026
National Insurance Academy Pune Student Reviews
National Insurance Academy Pune Cutoff 2025
+ 10 more items

National Insurance Academy Pune Highlights 2026

The National Insurance Academy (NIA) is a private college established by Public Sector Insurance companies such as LIC India, General Insurance Corporation of India, The New India Assurance Company, National Insurance Company, United India Insurance Company and The Oriental Insurance Company in joint cooperation with the Ministry of Finance, Government of India.

For more highlights of NIA Pune look below:

Recognitions: The institute and its courses have been approved by the AICTE and accredited by the NBA. Further the college has been given equivalence to MBA by the AIU.
Flagship Courses: The institute is known for its PGDM/ MBA courses that imparts dual expertise in both Management and Insurance topics.
Admission Criteria: The PGDM admissions are conducted through CAT/ XAT/ CMAT entrance exams alongside Group Discussion and Personal Interview rounds.
MBA fees: The total tuition fees are INR 12 Lakhs for PGDM at NIA Pune.

Did you know? Top recruiters at NIA College Pune include Bajaj Allianz Life, Future Generali Life, Liberty General, Magma HDI General, Prudent, Salasar Services, UIB, Unilight, Unison, etc.

Interested candidates can download the National Insurance Academy Pune brochure here: Download

The below are the National Insurance Academy Pune highlights:

Commonly asked questions
On Highlights

Q: When will CMAT 2025 be conducted?

CMAT 2025 was on January 25, 2025, almost four months ahead of previous years. The CMAT exam is usually held in March-April, but in 2023 and 2024, it was held in May. The last time CMAT was held in January was in 2019.

The NTA announced registration dates via an official circular, which was released online on the NTA website on November 14, 2024. The CMAT 2025 exam schedule includes registration window open and close dates and form correction dates. CMAT 2025 registration has started, and the last date to apply was December 13, 2024, and the admit card was released on January 20, 2025.

Q: Can I get a call for GDPI in NIA, Pune for PGDM in insurance?

Hi, Admission Process Register and Apply Interested candidates can apply online with required information Group Discussion & Personal Interview (GDPI) Shortlisted candidates will be called for group discussion and personal interview based on percentile obtained in CAT/ CMAT Final Selection Candidates are selected based on score/percentile obtained in CAT/ CMAT past academic record and performance in group discussion and personal interview. Selection parameters and weightage: Past Academic Record : 20% Performance in CAT / CMAT 50 % Performance in GD/PI : 30% https://www.shiksha.com/mba/course/post-graduate-diploma-in-management-national-insurance-academy-balewadi-Pune-23548.

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: When did the CUET PG 2026 admit card release?

The CUET PG 2026 admit card was released on March 3, 2026. The admit card is available for the paper to be held between March 6 and 10.

National Insurance Academy Pune Popular Programmes 2026

The National Insurance Academy Pune extends its flagship NIA PGDM course at the PG level; this course provides dual expertise to students; one in Insurance and the other in Management. The curriculum of PGDM consists of:

55% core Management subjects such as Finance, HR, Marketing, Analytics, and Technology.
Along with this, there are 45% Insurance subjects, namely Life Insurance, General Insurance, Re-Insurance, and Pension.

PGDM students are also given practical exposure and an opportunity to interact with different regulators, CEOs of insurance companies, and other professional bodies. NIA has a 100% placement record. National Insurance Academy Pune alumni are working with different reputed multinationals, Indian Insurance companies, Insurance Brokers, and various other IT companies both abroad and in India. Below mentioned are some of the other popular courses at National Insurance Academy Pune:

4.42 years

Seats Offered

180

Exams Accepted

Median Salary

– / –

Total Tuition Fees

₹12 L

Get Fee Details

View All 1 Courses

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.

Q: What are the courses at National Insurance Academy?

National Insurance Academy offers a two-year full-time PGDM course. Candidates must complete graduation with at least 50% aggregate to apply for PGDM. Admission to the PGDM course is based on CAT, XAT or CMAT scores of the aspirants.

Q: How is the PGDM course structured at National Insurance Academy?

National Insurance Academy PGDM course is a two-year full-time programme, divided into four semesters. Both semesters have a comprehensive syllabus containing theoretical and practical knowledge. Candidates are advised to prepare for the CAT/MAT or any other management entrance exam syllabi for thorough preparation, which will equip them for academic as well as professional challenges after they graduate.

Q: Is PGDM available at National Insurance Academy?

Yes, PGDM is available at the National Insurance Academy. The duration of the programme is two years, which is divided into four semesters. Admission to the programme is entrance-based. Hence, interested candidates can refer to the following key highlights related to the National Insurance Academy PGDM course:

Particular	Highlights
Duration	Two years
Course Level	PG Degree
Mode of Course	Full Time
Total Tuition Fees	INR 11 lakh
Total Semesters	Four semesters
Selection criteria	Entrance-based

NOTE: The mentioned fee is taken from the official website/sanctioning body. It is still subject to change and, hence, is indicative.

National Insurance Academy Pune Admission Process and Updates 2026

The mode of National Insurance Academy course admissions is online. Students must complete the course eligibility and age requirements which are:

Eligibility: Candidates must graduate from a recognised university with at least 50% scores.
Age Restrictions: Maximum age of 28 years for General, EWS, OBC-NC candidates while for SC/ST/PWD candidates its is 30.

Students must also go through the selection process which depends on entrance exam scores such as XAT, CAT, CMAT, etc. Selected candidates must also pay the admission fee to confirm their admissions. Below mentioned are some National Insurance Academy admission dates for 2026:

MBA/PGDM Admissions 2026

1 Course2 years

Eligibility

Accepting Exams: XAT, CAT, CMAT

Important dates

Dates	Events
Aug '26	CAT 2026 application processTentative
Nov '26	CAT 2026 admit card download Tentative
Oct '26-Nov '26	CMAT 2027 registration and application processTentative

Commonly asked questions
On Admissions

Q: How many seats are offered to PGDM students at National Insurance Academy, Pune?

National Insurance Academy, Pune has a different seat intake for each PGDM specialisation. Candidates can expect a seat intake of between 30 - 60 seats for each PGDM course offered by NIA Pune. Total PGDM seat intake at this institute is 180 seats.

Q: Can I apply for National Insurance Academy, Pune PGDM courses while in final year of my UG level course?

Yes, cadidates can apply for PGDM courses at NIA, Pune while they are in their final year of UG level course. Such candidates are offered provisional admission until they submit their final year marksheet to NIA, Pune.

A deadline usually scheduled on last day of June is given to such students to submit their final marksheet.

Q: What is the last date to apply for National Insurance Academy, Pune PGDM course?

Candidates are typically required to apply until end of March for National Insurance Academy, Pune PGDM courses. This deadline is common for all PGDM courses offered by NIA, Pune. End of March is commonly scheduled as the last date for PGDM admissions every year by National Insurance Academy.

Q: Can I still apply for PGDM at National Insurance Academy, Pune?

No, candidates can no longer apply for PGDM at National Insurance Academy, Pune in academic year 2026. Last date to apply for this course was scheduled on the last day of March. This date is common for all academic years. Candidates interested in NIA Pune PGDM courses will need to wait until next year's admissions begin.

Admission Details for all courses

National Insurance Academy Pune
Students Ratings & Reviews

4.4/5

18 Verified Reviews Info Icon

4-5
14
3-4
4

Placements4.6

Infrastructure4.4

Faculty & Course4.1

Campus Life4.4

Value for Money4.6

Suman Saurabh Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2017

4.6

5.0Placements5.0Infrastructure4.0Faculty4.0Crowd & Campus Life5.0Value 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

(1)

1 person found this helpful

Sahil Puri Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2018

5.0

5.0Placements5.0Infrastructure5.0Faculty5.0Crowd & Campus Life5.0Value 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

(7)

7 people found this helpful

Shubhankar Kabu Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2018

3.8

4.0Placements5.0Infrastructure3.0Faculty3.0Crowd & Campus Life4.0Value 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

(5)

5 people found this helpful

Anindya Chakraborty Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2018

4.4

5.0Placements5.0Infrastructure3.0Faculty4.0Crowd & Campus Life5.0Value 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

(11)

11 people found this helpful

Nitish Shukla Verified Icon

Post Graduate Diploma in Management (PGDM) - Batch of 2018

4.8

5.0Placements5.0Infrastructure5.0Faculty5.0Crowd & Campus Life4.0Value for Money

At par with top grade institutes and " a leader" when it comes to insurance.

Placements: Placement in our college is something which one should not worry too much as the college has a good reputation in the insurance industry and since its inception, it is giving 100% placements and that too in reputed firms across all domains i.e non-life, life, insurance brokers, IT companies and also consultancy firms. The packages and roles offered here are really good and that is because of the brand that NIA has become over the years. The highest package was 10 lacs and the average was 7.3 lacs offered to our senior batch and all were placed on the zero-day itself except for 5, who were placed later on day 1. Even the internship opportunities were really good and most of us were offered a stipend.

Infrastructure: Infrastructure-wise, it is really good. It offers almost all recreational activities and a lovely beautiful resort like a campus, an MBBS doctor is present on the campus, post office and a bank is also there on the campus. The labs and classrooms are fully air-conditioned. The library is the finest having all good quality journals, books, research papers, and magazines. One who is an avid reader will have a good time here. The quality of food is good(sometimes may not be, but that is acceptable) and the hostel rooms, as I earlier said resort-like, is maintaining that stature.

Faculty: Full-time serving faculty members along with external faculty backing from the industry and a lot of them have done their doctorates. A good student-teacher ratio is also maintained. Both theoretical and practical methods are used and you will find teaching quality of good standards. A lot of industry people come here to interact with the students on a regular basis which gives the required exposure to the students and since it is a college for training industry people, therefore, you will always find yourself surrounded by big names of the insurance industry and one can always approach them.

Other: It is a college offering course in niche domain i.e. post graduate diploma in insurance, but I must say this is the mecca for insurance knowledge and expertise one will require in the industry and of course, this is the fastest growing industry in India and also provides better job security. Also, a lot of things are done by the Indian government to develop this industry.

Reviewed on 22 Aug 2017Read More

(5)

5 people found this helpful

National Insurance Academy Pune Cutoff 2025

National Insurance Academy Pune Cutoff 2026 will be updated here once out. During the admissions, the college considers the scores of CAT, XAT, and CMAT exams. There is no Management Quota present for admission to the PGDM course at the National Insurance Academy Pune. Candidates must meet the percentile cutoffs which were 95 for CMAT, 75 for CAT, and 80 for XAT in 2025.

MBA/PGDM XAT Cut Off 2026: Year-Wise percentile

Section	2026
Overall	80

Cut-off data is indicative and not official.

Commonly asked questions
On Cutoffs

Q: How much rank should I score to get a seat at National Insurance Academy, Pune?

Rank required to secure admission at National Insurance Academy, Pune is different based on entrance exam chosen by a candidate. This institute accepts CAT, XAT or CMAT which had their cutoffs standing at 75, 80 and 95 respectively in 2026 for PGDM admission. Candidates from SC/ST will get a concession of 5 in each of these cutoff ranks.

View all cut-off

National Insurance Academy Pune Placements 2025

National Insurance Academy Pune Placements 2025 information has been released. According to the same, the institute recorded a perfect 100% placement rate for 2025. The highest and average packages stood at INR 20 LPA and INR 12.74 LPA, respectively. NIA Pune placement 2025 top recruiters included Bajaj Allianz Life., Future Generali Life, Liberty General, Magma HDI General, Prudent, Salasar Services, UIB, Unilight, Unison, etc.

Check the complete insights of National Insurance Academy placements from the information here:

Particular	National Insurance Academy Placements 2025
Placement Rate	100%
Highest Package	INR 20 LPA
Average Package	INR 12.74 LPA
Top Recruiters	Bajaj Allianz Life., Future Generali Life, Liberty General, Magma HDI General, Prudent, Salasar Services, UIB, Unilight, Unison

Top Recruiters

BAJAJ Allianz

Bharti AXA

TATA AIG Insurance

IFFCOtokyo

SBI Life

Swiss Re

Aditya Birla Group

Marsh

Tata Motors

Infosys

Atos

Intellect Design

Cognizant

L&T Infotech

Policy Bazaar

ICICI Prudential

Reliance Industries Limited

IBM

3i Infotech

religare

Bajaj Alliance General Insurance

Future Generali

HDFC Life

Kotak Insurance

HDFC ERGO General Insurance

ICICI Lombard

Liberty

royal sundaram finance

Unison

Marsh Insurance

View placement details

National Insurance Academy Pune Scholarships 2026

National Insurance Academy Pune offers scholarships to students as financial assistance. Among the various scholarships, the Mahadeo Narayan Parchure Memorial Award is instituted by Dr. R K Parchure, Ex Faculty at NIA, in memory of his father Mahadeo N Parchure. The award consists of a Cash Prize and a certificate for excelling in Business and Insurance Law.

The institute also extends 9 scholarships of INR 9 Lakhs each based on merit, need, and different conditions for eligibilty. The below-mentioned are some of the different NIA Pune Sholarships awarded to its PGDM Batches:

National Insurance Academy Pune Scholarships
Mahadeo Narayan Parchure Memorial Award	Ram M Moghe Memorial Prize	Lingraj Mishra Gold Medal
Jagdhir Boda Gold Medal	Subhash Chandra Sarker Memorial Prize	-

Note: The scholarships mentioned above are from the past year. Hence, visit the official website for updated information.

Download the National Insurance Academy Pune Past Year Scholarship Brochure

Commonly asked questions
On Scholarships

Q: How many scholarship schemes are available at National Insurance Academy, Pune for PGDM students?

9 scholarship schemes are offered to PGDM students by National Insurance Academy. These scholarships offer 1 Lacs to selected students.

However, details regarding these National Insurance Academy, Pune PGDM scholarships are not mentioned in this institute's brochure. Thus, candidates need to ask about this from admission desk.

Q: Are there any banks that provide student loans to PGDM students of National Insurance Academy, Pune?

National Insurance Academy, Pune has partnered with several banks to provide studentloan facilities to its PGDM students. There are 9 banks which offer student loans with reasonable interest rates for students who need financial aid paying NIA, Pune PGDM fees.

View Scholarship Details

National Insurance Academy Pune Courses and Fees 2026

The NIA Pune extends a range of courses related or connected to the Insurance domain across the PG, Diploma and Certificate levels such as:

PGDM/ MBA at the PG level
Certification Courses such as Proficiency in Crop Insurance
Along with Diploma courses in Fire Insurance, Reinsurance, etc.

These programmes are offered across different specialisations with the National Insurance Academy Pune fee structure for the above courses such as PGDM/ MBA ranges around INR 12 Lakhs in terms of total tuition fees. Interested students can learn more about the NIA Pune courses, fees and eligibility below:

Courses	Tuition Fees	Eligibility
MBA/PGDM(1 course)	12 LGet Fee Details	Exams : XAT CAT+1 More

Commonly asked questions
On Fees and Eligibility

Q: Are CAT cut offs announced along with the CAT result?

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.

Q: Is hostel fees mandatory for PGDM courses at National Insurance Academy, Pune?

No, if a candidate chooses not to avail hostel facility by National Insurance Academy, Pune, then they are not required to pay its fees alongside PGDM fees. Such candidates will only be charged INR 12 Lacs which is total fees for PGDM in two years at National Insurance Academy, Pune.

Q: What is sectional cutoff in CAT exam?

Sectional cut-off in the CAT exam refers to the section-wise percentiles required by the candidate to make it to the Personal Interview round of the IIMs or other top MBA colleges. The sectional cut-offs are lower than the overall cut-offs of any institute. To understand better, check the table below for sectional CAT cut-offs for IIM Ahmedabad:

Category	VARC percentile	DILR percentile	QA percentile	Overall percentile
General	70	70	70	80
NC-OBC-Transgender	65	65	65	75
SC	60	60	60	70
ST	50	50	50	60
PwD (General, NC-OBC-cum-transgender, SC)	60	60	60	70
PwD (ST)	50	50	50	60

For sectional cut-offs of all IIMs, check this article – IIM shortlist and selection criteria

Q: How many questions should I solve to get a good score in CMAT?

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.

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MBA/PGDM

College	Median Salary	Total Tuition Fees	Ranking
National Insurance Academy Pune	-/-	₹ 12 L	-/-
Universal AI University	₹ 8 LPA - 10.77 LPA	₹ 10.48 L - 12.98 L	#20 Business Today, 2025
NIBM Pune Compare	₹ 15 LPA	₹ 15.36 L	101-125 NIRF, 2025
IBS Mumbai Compare	-/-	₹ 8.29 L	-/-
IMT Nagpur Compare	-/-	₹ 15.27 L	#99 NIRF, 2025
SSBF Pune Compare	-/-	₹ 17.8 L - 25.41 L	#18 Business Today, 2025

The values are of the latest years available with Shiksha. For more details, check detailed comparison

View comparisons

Commonly asked questions
On Comparisons

Q: Which is better NIA Pune or NIBM Pune?

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

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

Q: Which is more economical, National Insurance Academy or DMS IIT Delhi, for pursuing PGDM?

National Insurance Academy and DMS IIT Delhi are two of the popular institutions for studying an MBA/PGDM. The National Insurance Academy PGDM course fee is INR 11 lakh for two years. In contrast, the fee for the two-year MBA course at DMS IIT Delhi is INR 12 lakh. Comparing both, the National Insurance Academy is clearly the more economical option in terms of pursuing an MBA. The mentioned fee is taken from the official website/sanctioning body. It is still subject to change and, hence, is indicative.

Q: Which is better for PGDM: National Insurance Academy or IIM Rohtak?

Applicants have to consider various factors to determine which is better for PGDM: National Insurance Academy or IIM Rohtak. Both institutes have strengths when comparing National Insurance and IIM Rohtak for an MBA / PGDM programme. Applicants can refer to the comparison below for the MBA/PGDM programme:

Particular	National Insurance	IIM Rohtak
Tuition Fees	INR 11 Lakh	INR 17.7 Lacs to INR 18.9 lakh
Overall Shiksha Rating	4.4/5	4.3/5
Seat Intake	180	-

NOTE: The above-mentioned fees are taken from their respective official sources. They are still subject to change and, hence, are indicative.

National Insurance Academy Pune Application Process 2026

Candidates willing to take admission must enter the National Insurance Academy Pune admission process before the last date of application. Candidates must know the National Insurance Academy Pune eligibility criteria and pay an application fee of INR 1,500 for admission to the PGDM course. Refer to the list below to know the admission process:

Open the National Insurance Academy NIA Pune institute page (https://niapune.org.in/).
Select PGDM Admissions 2026.
Click on the Apply Now option.
Fill out the application form and pay the application fee of INR 1,500.

Commonly asked questions
On Application Process

Q: Is their an age limit for PGDM admission at National Insurance Academy?

Yes, National Insurance Academy, Pune has an upper age limit for candidates applying for PGDM admissions. This age limit is 28 years however, SC/ST are eligible until 30 years of age.

All candidate who have crossed this age limit are no longer eligible for PGDM at NIA, Pune.

Q: Does National Insurance Academy, Pune take direct admission into PGDM?

National Insurance Academy, Pune course admissions do not admit any candidate applying for PGDM directly. Instead, all candidates must appear for one of the entrance exams and score the appropriate marks in order to qualify for admission. A personal interview round as well as group discussion round will be conducted for shortlisted candidates.

View Application Process Details

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 acres of land. National Insurance Academy infrastructure is comprised of a big conference hall, library, and provides various other facilities to students.

There are 10 air-conditioned lecture halls equipped with state-of the-art facilities. Six of these classrooms are dedicated for PGDM Students. In addition, there are 8 syndicate rooms to facilitate group discussions, case studies, presentations and deliberations. Separate reading rooms are also available for the use of the students.

More features of National Insurance Academy Pune Infrastructure are given here:

Convention Centre: There is also a best-in-class auditorium with a seating capacity of 220 with excellent audiovisual system.

NIA Library: It is one of the few libraries in India having the choicest collection of books in life Insurance, non-life insurance and management areas. The reading room of this library is equipped with almost all national and international journals in Insurance, Actuarial Science, Pensions and related areas including journals for general awareness and entertainment. A variety of research publications add further value to this already rich knowledge bank.

Computer Facilities: NIA has a Windows based LAN, connected to state-ofthe-art terminals spread all over the establishment. The Academy has IT park classroom for IT training. Wi-Fi facility is available in the campus.

Insurance Labs: The academy fosters a unique concept known as Insurance Labs. There are motor lab, marine lab and
health lab for the students to get practical knowledge on related general insurance subjects.

Hostel: The student’s hostel "Sarvapalli" has fully furnished spacious rooms. The hostels are separate for male and female students. It has 24 hours uninterrupted power and water supply. Round the clock security is provided in the hostel and in the rest of the campus. There is also the Internet facility with Wi-Fi connectivity for the students in the rooms.

The below are the National Insurance Academy 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.

View Infrastructure Details

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, and promotes interactive learning. National Insurance Academy Pune conducts faculty and student exchange programmes as well to promote a well-rounded growth. NIA College Pune faculty comprises PhD-holding core staff, along with high profile industry experts on deputations (CMD/MD/GM/SDM) from PSU Insurance companies

View Faculty Details

National Insurance Academy Pune Collaborations and Partnerships

National Insurance Academy Pune has collaborated with different companies and organisations. NIA College Pune has also signed MoUs with industries and organisations. NIA has entered into an MOU with African College of Insurance and Social Protection (ACISP), Tanzania with an aim to establish a world class modern facility to serve Africa in the fields of Insurance, Social Protection and allied fields.

National Insurance Academy FAQs

The Frequently Asked Questions (FAQs) around National Insurance Academy Pune are given in the space below. These given FAQs offer a better understanding and answer a majority of the student queries.

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: Can you rate the following colleges in terms of growth & placement : IPE,Hyderabad,NIA,NIBM,NIT Waran,XIME and BIMTECH,Noida?

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.

Q: Does this college offer a Non-Life Insurance course at NIA? How is its placement?

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.

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

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.

Q: Is there any chance to get a call for GD/PI at NIA? Are there any BCom graduates in the institute? I have scored 79 percentile in CAT.

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.

National Insurance Academy Pune

Student Forum

Anything you would want to ask experts?

Write here...

Is National Insurance Academy Pune Public or Private?

Answered 3 months ago

The National Insurance Academy Pune is a Private institute though it was jointly founded by the Ministry of Finance, Government of India and Public Sector Insurance companies such as LIC India, General Insurance Corporation of India, The New India Assurance Company, National Insurance Company, Unite

Chikat Marchang

Contributor-Level 8

What is the admission process for MBA at National Insurance Academy- NIA?

Answered 5 months ago

The NIA Pune PGDM application process is given below:

1: Visit the application portal of NIA Pune (niapune.org.in).

2: Register on the website.

3: Choose the PGDM course.

4: Fill out the application form.

5: Upload a recent passport-size photograph and other necessary documents such as the ones mentione

Meitankeisangbam Vasundha

Contributor-Level 10

Are placements at National Insurance Academy good?

Answered 6 months ago

As per the latest data released, the highest salary offered to the 2025 batch was INR 20 LPA. The average package stood at INR 12.74 LPA. The institute achieved 100% placement rate for 2025 drive. From 2023 to 2025, the highest and average salaries have been fluctuating. However, the placement rate

Aarushi Kalra

Contributor-Level 10

What is the seat intake for PGDM at National Insurance Academy?

Answered 6 months ago

There are a total of 180 seats for PGDM at National Insurance Academy. Below is the category-wise seat reservation:

Category	Quota Percentage	No. of Seats
Open	50.50%	91
NC-OBC	27%	49
SC	15%	27
ST	7.50%	13

Nishtha Shukla

Guide-Level 15

What is the application fees at National Insurance Academy?

Answered 6 months ago

Candidates have to pay an application fees to apply for a course. The application fees at National Insurance Academy is INR 1,500. Aspirants have to pay the fees via any of the online payment modes.

Nishtha Shukla

Guide-Level 15

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