3 Videos,

32 Photos

National Insurance Academy Pune Fees 2026

Balewadi, Pune

4.4 /5

(19 Reviews)

181 Student Q&A

Private Institute
Estd. 1980

Last updated on 18 Mar '26

National Insurance Academy Pune Fees
What's new?

National Insurance Academy admissions 2026 are open.

The last date to apply for NIA College Pune 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. Students can download their scorecards by logging into the official website.

National Insurance Academy Pune Fees

Table of contents

NIA Pune Fee Structure
- National Insurance Academy Pune MBA/PGDM Fees 2026
National Insurance Academy Pune Scholarships
National Insurance Academy Pune Student Reviews

NIA Pune Fee Structure

At the overall college level, the tuition fees for various courses is INR 12,00,000. If we dig deep, for the PG courses, the tuition fee is INR 12,00,000. Apart from tuition, the total course fee includes other components, such as Hostel Fees, Mess Fee, etc. Check NIA Pune fees for various courses in the below table:

Course	Total tuition fees
MBA/PGDM (1 Courses)	₹ 12 LGet Fee Details

The fees is for the entire duration of the respective courses.

Commonly asked questions
On Fees Overview

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: 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

National Insurance Academy Pune
MBA/PGDM Fees 2026

If you plan to enroll at National Insurance Academy- NIA for the National Insurance Academy- NIA MBA/PGDM, you must first become aware of the fee structure. This PG course runs in a full time mode and thus accommodates several fee components. By the latest fee policy of National Insurance Academy- NIA, students are required to pay charges, such as hostel deposit, security deposit, and the tuition fee and more during the admission phase. The table below gives a detailed breakdown of the fees.

Fee components	Amount (for 2 years)
Tuition	₹ 12 L
Hostel The fees might include components other than hostel fees.	₹ 2 L
One-time Payment One-time payment includes Application fee.	₹ 1.5 K
Total fee	₹ 14.02 L

These are estimated fees information. Actual values may differ.

The value for money rating of this course is 4.6/5 (19 Reviews).View placement details

Get Admission Details

National Insurance Academy Pune
MBA/PGDM Fees Comparison

Colleges	Tuition Fees	Hostel Fees
National Insurance Academy Pune	12 L	2 L
SICSR Pune Compare	10.8 L - 12.13 L	4.74 L
Universal AI University	10.48 L - 12.98 L	-/-
Atlas SkillTech University, School of Management and Entrepreneurship	11.55 L	-/-
ATLAS SkillTech University Compare	11.55 L	-/-

The value are of the latest years available with Shiksha.

View comparisons

Recommended Colleges

Explore popular similar colleges

Students who showed interest in National Insurance Academy Pune - MBA also showed interest in

Universal AI University institute image

Mumbai

Courses Offered9 courses4.4

Total Fees₹10.48 L

Symbiosis Institute of Operations Management, Symbiosis International, Nashik institute image

Nashik

#37 Business Today

Courses Offered2 courses3.9

Total Fees₹10.00 L

Athena School of Management institute image

Mumbai

Courses Offered2 courses4.5

Total Fees₹13.50 L

Symbiosis Institute of Business Management, Symbiosis International, Nagpur institute image

Nagpur

Courses Offered2 courses4.2

Total Fees₹12.08 L

Want better recommendations?

There is a 90% more chance of getting best college recommendations by sharing preferences.

+ Add preferences

Symbiosis School of Banking and Finance, Symbiosis International, Pune institute image

Pune

#74 Business Today

Courses Offered3 courses4.2

Total Fees₹17.80 L

IMT Nagpur - Institute of Management Technology institute image

Nagpur

#99 NIRF

Courses Offered3 courses4.1

Total Fees₹15.27 L

National Institute of Bank Management institute image

Pune

101-125 NIRF

Courses Offered1 course4.4

Total Fees₹14.52 L

Symbiosis Institute of Computer Studies and Research, Symbiosis International, Pune institute image

Pune

#103 Business Today

Courses Offered2 courses3.7

Total Fees₹10.80 L

Symbiosis Centre for Information Technology, Symbiosis International, Pune institute image

Pune

#67 Business Today

Courses Offered2 courses4.4

Total Fees₹15.00 L

ICFAI Business School, Mumbai institute image

Mumbai

Courses Offered1 course3.8

Total Fees₹8.29 L

Confused about which college or exam to opt for? assitentRcpRhsImage

Chat with our counselor
Get your personalised list of colleges & exams matching your preferences

View allCollections

Is this recommendation relevant?

National Insurance Academy Pune
Scholarships

NIA gives 9 scholarships of Rs. 1 lac each to meritorious students, girl students, eligible students belonging to specified categories including students belonging to economically weaker sections. These scholarships are subject to prescribed attendance, Academic Performance and good conduct.

View Scholarship Details

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

Siddharth Sarkar Verified Icon

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

5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money

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

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

(7)

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

View All 19 Reviews

National Insurance Academy Pune

Student Forum

Anything you would want to ask experts?

Write here...

Is National Insurance Academy Pune Public or Private?

Answered a month 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 3 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 3 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 3 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 3 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

Content authored by: