National Insurance Academy Pune Scholarship Details ,Balewadi, Pune

National Insurance Academy- NIA Scholarships and Funding

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.

Q:   Does NIA Pune offer scholarships to students?
A:

Yes, NIA Pune offer scholarships to students as financial assistance. The below-mentioned are scholarships awarded to the PGDM Batch 2019-21:

National Insurance Academy Pune Scholarships
Mahadeo Narayan Parchure Memorial AwardRam M Moghe Memorial PrizeLingraj Mishra Gold Medal
Jagdhir Boda Gold MedalSubhash Chandra Sarker Memorial Prize-

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

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

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?
A:
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.

Reviews (Showing 6 of 20 reviews)

Overall Rating (Out of 5)

4.4

Based on 18 Verified Reviews

Distribution of Rating

Component Ratings (Out of 5)
Placements
4.6
Infrastructure
4.4
Faculty & Course Curriculum
4.1
Crowd & Campus Life
4.4
Value for Money
4.6
The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 20 published reviews, 18 reviews are verified.
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S
Siddharth Sarkar | Post Graduate Diploma in Management (PGDM) - Batch of 2027
Reviewed on 30 Dec 2025
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
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 Manage...

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R
Rohit Ram P | Post Graduate Diploma in Management (PGDM) - Batch of 2022
Reviewed on 25 Jan 2022
Verified
4.6
Placements 5 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 5
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.

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A
Abhishek Mandal | Post Graduate Diploma in Management (PGDM) - Batch of 2020
Reviewed on 8 May 2020
Verified
4.6
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 4
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.

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S
Suman Saurabh | Post Graduate Diploma in Management (PGDM) - Batch of 2017
Reviewed on 21 Apr 2018
Verified
4.6
Placements 5 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 5
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.

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S
Sahil Puri | Post Graduate Diploma in Management (PGDM) - Batch of 2018
Reviewed on 11 Apr 2018
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
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.

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S
Shubhankar Kabu | Post Graduate Diploma in Management (PGDM) - Batch of 2018
Reviewed on 22 Mar 2018
Verified
3.8
Placements 4 Infrastructure 5 Faculty & Course Curriculum 3 Crowd & Campus Life 3 Value for Money 4
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.

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Answered 4 months ago

National Insurance Academy provides a scholarship of INR 1 Lacs each to meritorious, girl students and eligible students. Those belonging to the EWS category can also apply.

N

Nishtha Shukla

Guide-Level 15

Answered 2 years ago

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 design

...Read more

Y

YERUKALA KARTHIK

Contributor-Level 6

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

...Read more

C

Chikat Marchang

Contributor-Level 8

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

...Read more

M

Meitankeisangbam Vasundha

Contributor-Level 10

Answered 4 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

...Read more

A

Aarushi Kalra

Contributor-Level 10