PuneNIA Pune

National Insurance Academy - [NIA], Pune

Pune, MaharashtraEstd 1980
#101 For MBA By NIRF 2023  
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About NIA Pune

National Insurance Academy (NIA), Pune was established in 1980. NIA Pune offers the AICTE approved PGDM course which is accredited by the National Board of Accreditation (NBA) and granted equivalence to MBA by AIU. Admission to the PGDM course will be based on the marks secured in CAT 2023/ CMAT 2024/ XAT 2024 and past academic records. The selection process will also include Group Discussion and Personal Interview including Knowledge of Written English.

On October 2023, 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. NIA, Pune received “Best Insurance Academy in India - Excellence Award For Training & Education In India” at Insurance & Fintech Summit, 2023.

NIA has 100% placement record from the First Batch of 2010-12. The highest package offered to the students of batch 2022-24 was INR 22 LPAICICI Lombard General Insurance Company, Tata AIG General Insurance Company, Aditya Birla Insurance Brokers, Swiss Re, Atos Syntel, Reliance Industries Limited are some of the recruiters that visited the campus during the last placement season. The Alumni are working with reputed Multinational and Indian Reinsurance, Insurance Companies, Insurance Brokers, leading IT Companies & other industries both in India and abroad. 

The PGDM program provided by NIA Pune matches the international standard and for this National Insurance Academy School of Management (NIASoM) has undergone complete syllabus restructuring under the supervision of Dr Prathap Oburai, the Director of INA.

NIA Pune Quick Facts

  • NIA Pune offers Management Development Programmes (MDPs) for Insurance Professionals both at the Middle and Senior Management level from the Insurance Industry and other allied sectors from India and abroad since its inception in 1980.
  • NIA Pune is recognized by AICTE and AIU.
  • NIA Pune provides only full-time education programmes through PGDM course.
  • The qualifying exam for PGDM is CAT /XAT/ CMAT. For admission in admission courses entrance exams are conducted by the institute. 
  • NIA Pune also provides 9 scholarships of 1 lakh each to meritorious students belonging to different categories. 
  • The academy has evolved into a unified management school with not only training and education but also with the publication, research, regulatory advisory services and consultancy.

Read More: NIA Pune Admission

NIA Pune Important Dates 2024

Event Dates
Last Date to Apply for PGDM May 31, 2024

NIA Pune Awards and Ranking

  • NIA received B-school excellence award by Bloomberg/UTV
  • NIA also received the “CSR Excellence in Education Award”.
  • It also received the “CSR Top Institute of India Award.”
  • NIA Pune is placed under a rank band of 76-100 under the NIRF ranking.

NIA Pune Courses and Fees

Courses Specialization Admission Criteria
PGDM Management Eligibility: Graduation degree from any recognized university with a minimum 50% for General Category and 45% for SC/ST/DA category
Fees: INR 11,00,000

Note: The selection criteria for PGDM course includes CAT/CMAT/XAT score which is given 50% weightage in the final merit list, GD/PI score which has 30% weightage in the final merit list, and Past Academic Records (20% weightage) along with relevant work experience at the time of the interview.

Read More: NIA Pune Courses and Fees

Candidates who are eligible for the PGDM program are allowed to undertake an online application process. The following admission process is as follows:

  • Step 1: Visit the Official Website of the Institute (www.niapune.org.in)
  • Step 2: Register with a valid username and Email ID and log in with your account
  • Step 3: Fill the application form for the course you want to join.
  • Step 4: Upload your photograph and other required documents.
  • Step 5: Pay the application fee of INR 1260. Different modes of payment are available.
  • Step 6: Shortlisted candidates will be called for further process (GD/PI)
  • Step 7: Once selected, candidates are required to pay the course fee to confirm their seat.

Note: Upper age limit is 28 years for General / OBC - NC candidates, and 30 years for SC/ST/DA candidates as on 1 July 2024.

Read More: NIA Pune Review

NIA Pune Cutoff

The expected cutoff for NIA Pune admission 2024 is as follows:

Categoru CAT XAT CMAT
General/ EWS 75 85 95
NC-OBC/ SC/ ST/ DA 71.25 80.75 90.25

NIA Pune Placements

NIA Pune placements batch (2022-2024) recorded a 100% placement. There was a 22% Increase in the NIA Pune highest CTC from the previous year which stood at INR 22 LPA. Placement highlights are as follows:

Particulars Placements statistics
Placement percentage 100%
Increase in highest package from last year 22%
Highest CTC (2022-2024) INR 22 LPA
Highest CTC (2021-2023) INR 18 LPA
Highest CTC (2020-2022) INR 29 LPA

Top Companies at NIA Pune

Bajaj Allianz General Insurance Company ICICI Lombard General Insurance Company GoDigit General Insurance Company Liberty General Insurance Company

Future Generali General Insurance Company

SBI General Insurance Company Tata AIG General Insurance Company Kotak General Insurance Company
TATA AIA Life Insurance Company HDFC Life Insurance Company Marsh Insurance Brokers Aditya Birla Insurance Brokers
Unilight Insurance & Reinsurance Brokers Finsall Resources Swiss Re CARE Health insurance company,
Cognizant Technology Solutions, L&T Infotech Qatar Insurance Company Orient PSJC Insurance Company,

Read More: NIA Pune Placements

NIA Pune Scholarships

The institute endeavours to help deserving candidates from different categories in pursuing management studies. NIA gives 9 scholarships of INR 1 lakh each to meritorious students, girl students and eligible students belonging to specified categories including students belonging to economically weaker sections.

NIA Pune Facilities

National Insurance Academy is spread over 32 Acre campus in the city of Pune on the Mumbai-Bengaluru highway with greenery all around provides an unmatched ambience along with high safety and security for the students. The institute has 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. Some other facilities are listed below:

Convention Centre: NIA has a best-in-class auditorium with a seating capacity of 220 with excellent audiovisual system.

Library: The institute has 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-of-the-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. No Hostel allotment to Pune based students.

Grievance Redressal Committee & Anti-Ragging Committee: The Academy is fully compliant with the regulations pertaining to “Establishment of Mechanism for Grievance Redressal Regulations, 2012 of AICTE” & Internal Complaint Committee. NIA follows anti-ragging regulation as per AICTE norms.

Heath Care: There is a clinic where a doctor visits regularly and is also available on call. In addition, students have the benefit of Mediclaim and personal accident cover up to a specified amount under a group policy during the duration of the course.

Sports and Recreation: The multipurpose sporting complex has facilities for badminton, table tennis, billiards, state-of-the-art- gymnasium, sauna, Jacuzzi. There is a swimming pool in the sporting complex. There is also an open ground for playing cricket, football and basketball.

Yoga & Meditation Hall: The institute has a separate Yoga and Meditation Centre in a campus for the students.

Jogging Track and GIC Pathway: The 1.5 kms jogging track encircling the campus is a wonderful way to breathe fresh air and hear chirping of the birds. The GIC Pathway close to sporting complex is a water-fed pathway with gravel
for acupressure therapy. 

Banking and Postal Services: A branch of Bank of Maharashtra and a Post Office are located near the main gate of the campus for banking (Forex services also available) and postal needs, including ATM facility.

The officials including faculty working at NIA, live on the campus. Many festivals are celebrated with enthusiasm by the families of campus residents including children where the students also participate wholeheartedly. All cultural programmes involve all the residents of the campus, students & MDP participants.

Read More: NIA Pune Faculty

NIA Pune FAQs

Ques. What is the profile provided by NIA through its PGDM course?

Ans. Being a joint venture of the top Insurance PSUs of the country, NIA has the potential to give exceptional exposure to its students. The course is similar to other PGDM courses but with a specialization in Insurance subjects. Top Insurance companies come every year as a recruiter here and offer a post of Administrative Officer to selected students.

Ques. Does NIA give opportunities for Summer Internship to its students?

Ans. Yes, NIA provides Summer Internship opportunities to its students. Various companies come to the college to recruit for summer internship programmes as well.

Ques. How is the Faculty of NIA Pune?

Ans. NIA Pune has an exceptional faculty list. Being directly affiliated to the Ministry of Finance, students get a chance to come in touch with experienced leaders of the Insurance industry. The faculty comprises of academicians and practitioners who are on NIA campus on full-time basis, in addition to regular visiting faculty.

Ques. Is NIA Pune internationally affiliated?

Ans. Yes, NIA has international affiliations with organizations like The Institute (USA), the Canadian Institute of Insurance, and CII (London).

Ques. What are placement statistics of NIA Pune?

Ans. NIA Pune has a record of 100% placement. The highest package offered by NIA Pune in the current year was 22 LPA.

Ques. Is loan facility available for pursuing courses at NIA Pune?

Ans. Yes, Education loans are available from leading Public Sector and Private Banks under the Premier Institution Scheme.

Ques. Why should I join NIA Pune for PGDM?

Ans. The PGDM programme at National Insurance Academy has a unique blend of Management and Insurance subjects where emphasis is placed both on theory and practice Students of NIA on completion of PGDM have exemption in Associateship examination conducted by Insurance Institute of India based on specific criteria. This gives them an edge over others in gaining insurance knowledge and good placement through campus selection.
NIA has excellent infrastructure facilities for curricular, Co-curricular and extracurricular activities that includes a library stocking over 25000 books and around 4000 + holdings and online journals on management and insurance.
The PGDM programme of NIA provides the students a practical exposure and opportunity to interact with Regulators, CEOs of Insurance Companies and other Professional Bodies by involving them in several interactive Seminars, Conferences and Insurance Summits throughout the 2 year course.

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NIA Pune Fees & Eligibility

Full time Courses
CourseFeesEligibilityApplication DateAction
PGDM
1 Course
11 Lakhs (Total Fees) Graduation with 50%31 May 2024

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Courses Offered By NIA Pune 2024

Select Degree and Streams to See Course Fees and Admission Details.

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Streams :
Insurance
Degree :
PGDM
Program Type :
Full Time
1 Courses2 Years Full Time
#101out of 125 by NIRF

Eligibility:

Graduation with 50%

Application Date:

31 May 2024

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NIA Pune Upcoming Application Dates 2024

Important Events

EventsDates
CAT 2024 Exam Date
Tentative
Nov 24, 2024
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Admit Card DateOct 25, 2024
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024
CMAT ResultMay 31, 2024

Important Events

EventsDates
CAT 2024 Exam Date
Tentative
Nov 24, 2024
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Admit Card DateOct 25, 2024
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024
CMAT ResultMay 31, 2024

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NIA Pune Cutoff 2024

Exams

NIA Pune, CMAT Cutoff 2023

NIA Pune, CMAT Cutoff 2023 for General Category is listed below. The overall cutoff percentile for CMAT is 75

Courses
Round 1
Compare
75

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NIA Pune Rankings 2024

You can check college rankings with different ranking agencies.

NIA Pune NIRF Ranking

#101out of 125 in India 2023
#10 in Maharashtra
NIRF

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NIA Pune Facilities

You can check here to see what types of facilities NIA Pune provides.

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Cafeteria
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Auditorium
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NIA Pune Faculty

Basic Information about the Faculty of NIA Pune

director
Dr. Sanjay Mali
Faculty Member
Anupam Jindal
Department of Life Insurance
Faculty Member
Barun Kumar Khan
Department of Life Insurance
Faculty Member
Anil Srivastava
Department of General Insurance
Faculty Member
A K Pattnaik
Department of General Insurance
Faculty Member
Dr. Shridhar Dattatray Page
Department of Information Technology
Faculty Member
Dr. Shalini Tiwari
Department of Marketing
Faculty Member
Dr. M C Patwardhan
Department of Public Policy and Governance
Faculty Member
Dr. S Uma
Department of Finance
Faculty Member
Dr. Steward Doss
Department of Marketing
Faculty Member
Dr. Sushama Chaudhari
Department of Human Resource Management
Faculty Member
Dr Archana Singh
Department of Human Resource Management

NIA Pune College Details

Basic Information About the Colleges

25, Balewadi, Baner Road, NIA P.O.
Pune - 411045
Maharashtra, India
Get SMS Contact:  020-27204000
Get Call Details:  020-27204000
Website Link:  https://niapune.org.in/
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Faculties
Anupam Jindal
Faculty Member, Department of Life Insurance
Barun Kumar Khan
Faculty Member, Department of Life Insurance
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Faculty Member, Department of General Insurance
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