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NIA was established in 1980 jointly by the Ministry of Finance - Government of India, Life Insurance Corporation of India, General Insurance Corporation of India, The New India Assurance Company, National Insurance Company, United India Insurance Company and The Oriental Insurance Company on 16th December, 1980 in Mumbai to be the institute of excellence in learning and research in Insurance, Pension and allied areas.The Academy was shifted to Pune on 4th June, 1990 with the state-of-the-art facilities for learning and research.
Initial years of NIA were dedicated to Management Development Programmes catering to the insurance industry professionals to enhance the management skills. Later, the two year Post Graduate Diploma in Management course was initiated to fulfill the growing demand of skilled professionals in Insurance and Risk Management. The programme offers dual expertise in management and Insurance.
The Academy has a sprawling (approximately 32 acres) campus housing the administrative, academic, hostel and residential facilities amidst lush greenery. The campus is self sufficient with a Bank, Post Office, Dispensary, Sports, Gymnasium and Swimming Pool facilities.

National Insurance Academy, Pune Overview
Table of Content
- National Insurance Academy, Pune Highlights 2025
- National Insurance Academy, Pune Popular Programmes 2025
- National Insurance Academy, Pune Courses and Fees 2025
- National Insurance Academy, Pune Admission Process and Important Dates 2025
- National Insurance Academy, Pune Placements 2025
- National Insurance Academy, Pune Cutoff 2025
- National Insurance Academy, Pune Rankings 2025
- National Insurance Academy, Pune vs Other Colleges: Which is better?
- Popular IIMs
- National Insurance Academy, Pune Scholarships 2025
- National Insurance Academy, Pune Infrastructure
- National Insurance Academy, Pune Faculty
- National Insurance Academy, Pune Alumni
- National Insurance Academy, Pune FAQs
National Insurance Academy, Pune Highlights 2025
NIA was established in 1980 jointly by the Ministry of Finance - Government of India, Life Insurance Corporation of India, General Insurance Corporation of India, The New India Assurance Company, National Insurance Company, United India Insurance Company and The Oriental Insurance Company on 16th December, 1980 in Mumbai to be the institute of excellence in learning and research in Insurance, Pension and allied areas.The Academy was shifted to Pune on 4th June, 1990 with the state-of-the-art facilities for learning and research.
Initial years of NIA were dedicated to Management Development Programmes catering to the insurance industry professionals to enhance the management skills. Later, the two year Post Graduate Diploma in Management course was initiated to fulfill the growing demand of skilled professionals in Insurance and Risk Management. The programme offers dual expertise in management and Insurance.
The Academy has a sprawling (approximately 32 acres) campus housing the administrative, academic, hostel and residential facilities amidst lush greenery. The campus is self sufficient with a Bank, Post Office, Dispensary, Sports, Gymnasium and Swimming Pool facilities.
National Insurance Academy (NIA) was established in the year 1980 by public sector insurance companies under the aegis of Ministry of Finance, Government of India. NIA has now become the Apex Institution for research, training, consultancy, leadership development and publication in Insurance and Risk Management in the Asia, Africa and Middle East Region.
The PGDM Program approved by AICTE, is 2 years full time residential program with special focus on Insurance and Management. The curriculum has been designed in consultation with the management experts in the Insurance Industry, consultants and employers which ensure an up-to-date need based curriculum. The course covers a wide range of management subjects and key functional areas in Life Insurance, General Insurance, Health Insurance, Pension & Group Insurance and Actuarial Science.
This program has been designed to develop managerial excellence based on technical competence, proactive knowledge seeking ability, creative problem-solving approach and visionary approaches that emphasizes on social upliftment through individual endeavors. The curriculum has been designed in a manner where equal importance is given to class room learning and self-audit through a series of case/project based learning assignments, practical learning through insurance laboratories inside the campus, active participations in Curricular and Para-curricular activities, involvement in day-to-day organizational practices, intensive involvement in off-campus research projects and exposure to unstructured problems with a view to enabling the students to manage the real life situations efficiently.
Candidates can apply online from NIA website. (https://www.pgdm.niapune.org.in/admissions/adminssion-procedure)
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National Insurance Academy, Pune Popular Programmes 2025
The Post Graduate Diploma in Management (PGDM) at NIA Pune is a two-year, full-time program approved by AICTE and recognized as equivalent to an MBA. It is specifically designed to focus on Insurance Business Management, offering a wide range of specializations tailored to meet the demands of the insurance sector.
The program aims to nurture young professionals by equipping them with the necessary skills to excel in managing Insurance, Pension, and allied industries. It fosters an environment for policy research and emphasizes education and training in insurance-related fields. The PGDM curriculum focuses on developing critical industry-relevant skills such as analytical thinking, problem-solving, effective communication, and ethical decision-making. This ensures that graduates are well-prepared for diverse roles in the industry and possess the competencies required to address the dynamic challenges of the sector.
Exams Accepted: | Total Tuition Fees: | Median Salary: | |
CAT, XAT, CMAT | 11 Lakhs | 12.50 LPA | ![]() |
Exams Accepted: | CAT, XAT, CMAT |
Total Tuition Fees: | 11 Lakhs Get Fee Details |
Median Salary: | 12.50 LPA |
The PGDM Program approved by AICTE, is 2 years full time residential program with special focus on Insurance and Management. The curriculum has been designed in consultation with the management experts in the Insurance Industry, consultants and employers which ensure an up-to-date need based curriculum. The course covers a wide range of management subjects and key functional areas in Life Insurance, General Insurance, Health Insurance, Pension & Group Insurance and Actuarial Science.
This program has been designed to develop managerial excellence based on technical competence, proactive knowledge seeking ability, creative problem-solving approach and visionary approaches that emphasizes on social upliftment through individual endeavors. The curriculum has been designed in a manner where equal importance is given to class room learning and self-audit through a series of case/project based learning assignments, practical learning through insurance laboratories inside the campus, active participations in Curricular and Para-curricular activities, involvement in day-to-day organizational practices, intensive involvement in off-campus research projects and exposure to unstructured problems with a view to enabling the students to manage the real life situations efficiently.
Candidates can apply online from NIA website. (https://www.pgdm.niapune.org.in/admissions/adminssion-procedure)
The application fee for the 2 year NIA PGDM program is Rs.1500/-
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National Insurance Academy, Pune Courses and Fees 2025
The PGDM program at NIA Pune is a two-year, full-time management course approved by AICTE and equivalent to an MBA. Designed with a rigorous curriculum, the program emphasizes Insurance Business Management. It is structured into six trimesters over two years, offering a combination of core courses and electives.
The program provides specialized knowledge in areas such as General Insurance, Life Insurance, Health Insurance, Property Insurance, Sustainability Management, Marketing, Finance, Entrepreneurship, and Innovation, among others.
Upon completing the PGDM program, students secure placements with leading insurance companies, multinational brokers, catastrophe modeling firms, financial institutions, consultancies, and IT companies, often receiving competitive salary packages.
Courses | Tuition Fees | Eligibility |
---|---|---|
Post Graduate Diploma in Management (PGDM) (7 courses) | 11 Lakhs | Exams : CAT, XAT, CMAT |
The program provides specialization in key areas such as General Insurance, Life Insurance, Health Insurance, Property Insurance, Sustainability Management, Marketing, Finance, Entrepreneurship, and Innovation, among others.
Graduates from the NIA PGDM program are placed in leading insurance companies, multinational brokers, catastrophe modeling firms, financial organizations, consultancies, and IT companies, often with competitive salary packages.
Scanned copy of the applicant’s recent, sharp passport size photograph to be uploaded on the application form. The hard copy/printout of the filled application form need not be sent to NIA.
The application fee for the 2 year NIA PGDM program is Rs.1500/-
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National Insurance Academy, Pune Admission Process and Important Dates 2025
PGDM Admissions 2025 : Highlighted points
Eligibility :
- Any Graduate with at least 50% marks
- Accept scores of CAT-2024, XAT-2025, CMAT-2025
- Upper age limit is 28 years for General, EWS, OBC-NC candidates and 30 years for SC/ST/DA candidates as on 1st July 2025.
Total AICTE approved seats : 180
Category | Quota Percentage | No. of students (Intake 180) |
General/ EWS | 50% (includes 10% EWS) | General = 72 EWS = 18 |
NC-OBC | 27% | 49 |
SC | 15% | 27 |
ST | 7.5% | 13 |
DA / PWD | 0.5% | 01 |
Expected Cut off for Shortlisting –
Category | Expected Cut-Off Percentile | ||
CAT | XAT | CMAT | |
General / EWS | 75 | 80 | 95 |
NC-OBC / SC/ST/DA | 70 | 75 | 90 |
Selection as per Merit list.
Weightages for Merit list –
Criteria | Sub Criteria | Weightage for marks | Max. Marks | Marks secured |
Past academic record | 10th Class | 2% | 2 | The candidate shall earn weightage in the same ratio in which his/her actual percentage marks in that examination stands in relation to 100. |
12th Class | 3% | 3 | ||
Graduation | 5% | 5 | ||
CAT 2024 / CMAT 2025 / XAT 2025 |
| 50% | 50 | The CMAT & XAT percentiles shall be converted to the equivalence of the CAT percentile as per the equivalence mentioned in cut off Table. 50% of the actual percentile so arrived at shall constitute the marks secured by that applicant. |
GD and PI | GD | 15 % | 15 | Actual marks scored in the GD and PI, And knowledge of English |
PI | 20 % | 20 | ||
| Work Experience | 5% | 5 | Work experience more than one year will be considered |
Last date for online application : 31st January 2025
GD/PI process : After CAT / XAT / CMAT results
Post Graduate Diploma in Management (PGDM) Admissions 2025
7 Courses - 2 Years
Eligibility
- Any Graduate with at least 50% marks Accept scores of CAT-2024, XAT-2025, CMAT-2025 Upper age limit is 28 years for General, EWS, OBC-NC candidates and 30 years for SC/ST/DA candidates as on
- Accepting Exams: CAT, XAT, CMAT
Dates | Events |
---|---|
2024-11-24 | CAT Exam |
The GD & PI shall be conducted at NIA Campus, Pune. However, NIA would conduct the GD & PI in Delhi, Hyderabad, Bengaluru and other major cities in the event of receiving large number of applications from such locations and/or from nearby locations.
NIA considers the scores of CAT, XAT and/or CMAT
The final batch size for 2022-2024 is expected to be 120.
The Selection process shall be based on: Past academic record (10th, 12th & Graduation) Performance in CAT / CMAT Performance in GD and PI (PI comprises WAT)
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National Insurance Academy, Pune Placements 2025
NIA PGDM Batch 2023-25 Placement Highlights
The institution has proudly maintained a 100% placement record for the 20th consecutive year. Students were placed across various sectors, including General, Life, and Health Insurance companies, Brokers, and Consultancies, with 16 students securing Analyst roles. The highest CTC offered was ₹22.00 LPA, while the average CTC stood at ₹12.3 LPA.
National Insurance Academy (NIA) Pune has a strong recruitment network with top companies across the insurance, financial services, and IT sectors. The recruiting partners include renowned names such as:
Insurance Companies: Orient Insurance, HDFC Ergo, TATA AIA Life, ICICI Lombard, Bajaj Allianz (Life & General Insurance), Reliance Industries, Swiss Re, SBI Life, Care Health Insurance, WTW, Tata AIG, IFFCO-Tokio, Kotak Life Insurance, Universal Sompo, Zurich Kotak, and Chola MS.
Brokers and Consultancies: AON, Alliance Insurance Brokers, Policybazaar, Unison, Gallagher, and Cogitate.
IT and Consulting Firms: Capgemini, Infosys, Cognizant, Accenture, IBM, and ValueMomentum.
Other sectors: Digit Insurance, Plum, Marsh McLennan, Aditya Birla Group, Mahindra Insurance Brokers, Future Generali, Salasar, and Roadzen.
Summer placements:
The National Insurance Academy (NIA) PGDM Batch 2023-25 achieved 100% summer internship placements, demonstrating the institute's strong industry connections and academic excellence. A total of 24 recruiters participated in the process, offering diverse opportunities across sectors such as General Insurance, Insurance Broking, Life Insurance, InsureTech, Consulting, Health Insurance, and Research. The highest stipend offered was ₹70,000 per month, with an average stipend of ₹23,000 per month and a median stipend of ₹25,000 per month. These impressive results highlight the robust training and industry-oriented curriculum that prepare students for successful careers in the insurance and allied sectors.
Course | Median Salary |
---|---|
Post Graduate Diploma in Management (PGDM) | 12.50 LPA |
Top Recruiters
NIA has achieved 100% placements consistently, with the highest CTC for the 2023-25 batch being ₹20 LPA and an average CTC of ₹12.74 LPA.
The Selection process shall be based on: Past academic record (10th, 12th & Graduation) Performance in CAT / CMAT Performance in GD and PI (PI comprises WAT)
Yes, the credit for work experience shall be considered during the Interview process.
Yes, NIA offers 9 scholarships every year of Rs 1 lac each, to meritorious students, girl students and eligible students belonging to specified categories including students belonging to the economically weaker sections.
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National Insurance Academy, Pune Cut off 2025
The expected cut-off for shortlisting varies across different categories and entrance exams. For General/EWS candidates, the expected cut-off percentile is 75 for CAT, 80 for XAT, and 95 for CMAT. For NC-OBC, SC/ST, and DA categories, the expected cut-off percentile is 70 for CAT, 75 for XAT, and 90 for CMAT.
Section | Year | Cutoff |
---|---|---|
CAT | 2024 | 75+ %ile |
XAT | 2024 | 80+ %ile |
CMAT | 2024 | 95+ %ile |
NIA has achieved 100% placements consistently, with the highest CTC for the 2023-25 batch being ₹20 LPA and an average CTC of ₹12.74 LPA.
The Selection process shall be based on: Past academic record (10th, 12th & Graduation) Performance in CAT / CMAT Performance in GD and PI (PI comprises WAT)
Yes, the credit for work experience shall be considered during the Interview process.
Yes, NIA offers 9 scholarships every year of Rs 1 lac each, to meritorious students, girl students and eligible students belonging to specified categories including students belonging to the economically weaker sections.
Videos content goes here...
National Insurance Academy, Pune Rankings 2025
NIA Pune has consistently been recognized among the top management institutes in India. Although it is not listed in the NIRF Ranking for 2024, the institute was ranked among the top 125 B-schools in India in both the NIRF Rankings of 2022 and 2023.
Post Graduate Diploma in Management (PGDM) Ranking
Publisher | Year | Rank |
---|---|---|
NIRF Management | 2023 | 101-125 |
The PGDM Program approved by AICTE, is 2 years full time residential program with special focus on Insurance and Management. The curriculum has been designed in consultation with the management experts in the Insurance Industry, consultants and employers which ensure an up-to-date need based curriculum. The course covers a wide range of management subjects and key functional areas in Life Insurance, General Insurance, Health Insurance, Pension & Group Insurance and Actuarial Science.
Yes the PGDM programme has MBA equivalence granted by the Association of Indian Universities (AIU).
Yes, the PGDM program run by NIA is approved by All India Council for Technical Education (AICTE).
There is no management quota for admission to PGDM at NIA.
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National Insurance Academy, Pune vs Other Colleges: Which is better?
National Insurance Academy, Pune Scholarships 2025
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.
Marsh India Awards
Marsh India has instituted three awards to recognize the top three students of the batch.
- 1st Topper: Ranjeet Pandey (Rs. 50k)
- 2nd Topper: Sweta Choudhary (Rs. 30k)
- 3rd Topper: Vineet Saxena (Rs. 20k)
Value Addition Project (VAP)
The VAP, integral to the curriculum since Batch 2019-21, encourages innovative ideas in Insurance, Insuretech & Allied Subjects. It includes data collection, analysis, and presentation after completing the research.
- 1st Best Project: Group 11 (Rs. 15k)
- 2nd Best Project: Group 9 (Rs. 10k)
- 3rd Best Project: Group 3 (Rs. 5k)
Yes, NIA offers 9 scholarships every year of Rs 1 lac each, to meritorious students, girl students and eligible students belonging to specified categories including students belonging to the economically weaker sections.
NIA does not offer correspondence course for the 2 year PGDM Program.
Yes the PGDM programme has MBA equivalence granted by the Association of Indian Universities (AIU).
There is no management quota for admission to PGDM at NIA.
Videos content goes here...
National Insurance Academy, Pune Infrastructure
National Insurance Academy (NIA) Pune boasts a 32-acre campus, offering a blend of administrative, academic, hostel, and residential facilities set amidst lush greenery. The campus is fully equipped with essential amenities, including a Bank, Post Office, Dispensary, as well as sports facilities, a gymnasium, and a swimming pool, ensuring a self-sufficient environment for students and staff.
A/C Classrooms
Library
Computer Lab
Cafeteria
Auditorium
Hostel
Sports Facilities
Medical Facilities
Wi-Fi Campus
Gym
The campus offers a Bank, Post Office, Dispensary, sports facilities, a Gymnasium, and a Swimming Pool, providing a self-sufficient environment for students and staff.
Yes, NIA Pune provides hostel accommodation for students, ensuring comfortable living within the campus.
Yes, NIA Pune offers banking and postal services on campus, with both a Bank and Post Office available for student convenience.
Yes, NIA offers 9 scholarships every year of Rs 1 lac each, to meritorious students, girl students and eligible students belonging to specified categories including students belonging to the economically weaker sections.
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Faculty

V Balagopal

Dr Deepali Garge

Dr. Shruti Nagar

Dr. Sanjay Mali
Alumni

Aparna Agnihotri

Purushottam Borse

Vaishnavi Nade

Harsh Modi

Omprakash Parmar

Nicky Yadav

National Insurance Academy, Pune FAQs
The below-mentioned are National Insurance Academy, Pune FAQs:
National Insurance Academy (NIA) was established in the year 1980 by public sector insurance companies under the aegis of Ministry of Finance, Government of India. NIA has now become the Apex Institution for research, training, consultancy, leadership development and publication in Insurance and Risk Management in the Asia, Africa and Middle East Region.
The PGDM Program approved by AICTE, is 2 years full time residential program with special focus on Insurance and Management. The curriculum has been designed in consultation with the management experts in the Insurance Industry, consultants and employers which ensure an up-to-date need based curriculum. The course covers a wide range of management subjects and key functional areas in Life Insurance, General Insurance, Health Insurance, Pension & Group Insurance and Actuarial Science.
This program has been designed to develop managerial excellence based on technical competence, proactive knowledge seeking ability, creative problem-solving approach and visionary approaches that emphasizes on social upliftment through individual endeavors. The curriculum has been designed in a manner where equal importance is given to class room learning and self-audit through a series of case/project based learning assignments, practical learning through insurance laboratories inside the campus, active participations in Curricular and Para-curricular activities, involvement in day-to-day organizational practices, intensive involvement in off-campus research projects and exposure to unstructured problems with a view to enabling the students to manage the real life situations efficiently.
Candidates can apply online from NIA website. (https://www.pgdm.niapune.org.in/admissions/adminssion-procedure)
The application fee for the 2 year NIA PGDM program is Rs.1500/-
Scanned copy of the applicant’s recent, sharp passport size photograph to be uploaded on the application form. The hard copy/printout of the filled application form need not be sent to NIA.
The GD & PI shall be conducted at NIA Campus, Pune. However, NIA would conduct the GD & PI in Delhi, Hyderabad, Bengaluru and other major cities in the event of receiving large number of applications from such locations and/or from nearby locations.
NIA considers the scores of CAT and/or CMAT
The final batch size for 2022-2024 is expected to be 120.
There is no management quota for admission to PGDM at NIA.
The Selection process shall be based on: Past academic record (10th, 12th & Graduation) Performance in CAT / CMAT Performance in GD and PI (PI comprises WAT)
NIA does not offer correspondence course for the 2 year PGDM Program.
Yes, the credit for work experience shall be considered during the Interview process.
Yes, NIA offers 9 scholarships every year of Rs 1 lac each, to meritorious students, girl students and eligible students belonging to specified categories including students belonging to the economically weaker sections.
Yes, the PGDM program run by NIA is approved by All India Council for Technical Education (AICTE).
Yes the PGDM programme has MBA equivalence granted by the Association of Indian Universities (AIU).

National Insurance Academy, Pune
Notable Alumni

Aparna Agnihotri

Purushottam Borse

Vaishnavi Nade

Harsh Modi

Omprakash Parmar

Nicky Yadav


National Insurance Academy, Pune
Take a look at Campus

National Insurance Academy, Pune
Contact Information
Address
National Insurance Academy 25,Balewadi, Baner Road, NIA P.O., Pune 411 045, India.
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