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.

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

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

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.

Are CAT cut offs announced along with the CAT result?

CAT cut-offs are not announced along with the CAT result. The cut-offs are also not released publicly. They are known after a few days of the result announcement when the IIMs and other colleges start their shortlisting process. The IIMs will open the shortlist 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.

Who were the top recruiters during NIA Pune placements?

The list of recruiters that participated during NIA Pune placements 2024 for recruiting the PGDM batch is mentioned below: NIA Pune Placements 2024: Top Recruiters TATA AIA Iffco-Tokio Kotak General Insurance Mahindra Insurance Brokers SBI General Insurance Company TATA AIG HDFC Ergo Bajaj Allianz General Insurance Company India First Life Insurance Go Digit General Insurance Ltd. Marsh India Insurance Brokers Pvt. Ltd. Aon

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National Insurance Academy Pune Online Courses 2025

Q: What is the placement scenario at National Insurance Academy?

The key highlights of National Insurance Academy placements 2024 are tabulated below: Particular PGDM Placement Statistics (2024) Placement rate 100% Highest package INR 22 LPA Average package INR 12.30 LPA Median package INR 11.70 LPA Top 10% average package INR 16.05 LPA Top 50% average package INR 14.10 LPA Top 75% average package INR 13.18 LPA Total recruiters 29 New recruiters 11 PPOs received 57

Balewadi, Pune

4.4 /5

(17 Reviews)

176 Student Q&A

Private Institute
Estd. 1980

Last updated on 15 Oct '25

National Insurance Academy Pune
All About Courses & Platform

NIA is a leading provider of online courses, offering a wide range of programs designed to enhance professional skills and knowledge. With years of experience in the industry, NIA has established a reputation for delivering high-quality, online training. Their courses cater to diverse learners and are delivered through various formats to suit different learning styles. Students benefit from hands-on exercises and real-world case studies, ensuring a comprehensive learning experience. NIA`s team of experienced instructors brings industry expertise to the classroom, preparing students for success in their chosen fields. With a high satisfaction rate among past participants, NIA remains a trusted choice for individuals seeking to advance their careers through targeted education.

National Insurance Academy Pune Overview

Table of content

National Insurance Academy- NIA Fee Structure
National Insurance Academy Pune All courses
National Insurance Academy Pune Student reviews
National Insurance Academy Pune Admission FAQs

National Insurance Academy- NIA Fee Structure

NIA Pune fees vary based on the selected course. The course fee range from INR 4,720 to 11,00,000. It is as per the official website/ sanctioning. But, is still subject to changes and hence, is indicative. There are multiple components included in the fee structure. Candidates taking admission at National Insurance Academy- NIA can check below the course-wise fee details:

Course Name	Tuition Fee	Hostel Fee
MBA/PGDM	INR 11,00,000	INR 3,50,000
PG Diploma	INR 9,440
Certificate	INR 4,720

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Commonly asked questions
On Fees Breakdown

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

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.

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

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.

Q: What is the ranking trend of NIA Pune's PGDM programme?

NIA Pune has been ranked by a top-ranking body, namely NIRF. The ranking body validates NIA Pune on various parameters such as quality of education, research work, placement, etc. According to the said parameters, the ranking body has given the institute high ranks and scores. In 2023, the institute has secured the #114 position.

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National Insurance Academy Pune
Students Ratings & Reviews

4.4/5

17 Verified Reviews Info Icon

4-5
13
3-4
4

Placements4.6

Infrastructure4.4

Faculty & Course4.1

Campus Life4.4

Value for Money4.5

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

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

(1)

1 person found this helpful

Suman Saurabh Verified 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

(1)

1 person found this helpful

Sahil Puri Verified Icon

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

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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7 people found this helpful

Shubhankar Kabu Verified 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

(5)

5 people found this helpful

Anindya Chakraborty Verified 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

(11)

11 people found this helpful

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National Insurance Academy Pune
Admission FAQs

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

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.

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

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.

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

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.

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?

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

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.

National Insurance Academy Pune

Student Forum

Anything you would want to ask experts?

Write here...

Has the placement report for National Insurance Academy been released?

Answered a month ago

Yes, the 2024 placement report for National Insurance Academy has been released. Check out the table below to know more:

Particulars	Placement Statistics (2024)
Placement Rate	100%
Students Placed	130
the highest Package	INR 22 LPA
Average Package	INR 12.30 LPA
PPO's Offered	57
Companies Visited	29

diksha soni

Contributor-Level 10

Are placements at National Insurance Academy good?

Answered a month ago

Yes, National Insurance Academy has good placements for BTech, BSc, MTech. The placement statistics for recent years are given in the table below:

Particulars	Placement Statistics (2021)	Placement Statistics (2022)	Placement Statistics (2024)
Placement Rate	100%	100%
Students Placed	92	98	130
the highest Package	INR 29.5 LPA	INR 18 LPA	INR 22 LPA
Average Package	INR 10.3 LPA	INR 13 LPA	INR 12.30 LPA
PPO’s Offered	28	40	57
Companies Visited	35	17	29

diksha soni

Contributor-Level 10

What is the placement scenario at National Insurance Academy?

Answered a month ago

National Insurance Academy has an impressive placement report. The table below provides the placement statistics recorded during National Insurance Academy placements 2024:

Particulars	Placement Statistics (2024)
Placement Rate	100%
Students Placed	130
the highest Package	INR 22 LPA
Average Package	INR 12.30 LPA
PPO's Offered	57
Companies Visited	29

diksha soni

Contributor-Level 10

What is the CMAT cut-off at which National Insurance Academy's PGDM admission is provided?

Answered 6 months ago

Applicants applying for PGDM admission at the National Insurance Academy should have a valid rank/score in one of the recognised entrance exams, which include CAT, CMAT, and MAT. The cut-off varies from year to year. Applicants applying for PGDM admission to the institute through CMAT should target

Aashi Garg

Contributor-Level 10

What are the career opportunities available upon obtaining a PGDM from the National Insurance Academy?

Answered 6 months ago

After completing a PGDM at the National Insurance Academy, students have various job opportunities in several fields, such as Investment Banker, Chief Financial Officer, Operations Manager, Asset Manager, etc. They can opt for a career in both the government and the private sector. Candidates can re

Anya Vimal

Contributor-Level 10

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