NIA – National Insurance Academy – Pune

About NIA

National Insurance Academy (NIA), a premier insurance institute in India was established in the year 1980 by the public sector insurance companies.

Currently the Governing Board of NIA has Chairman of LIC, Chairman-Cum-Managing Directors of GIC and Public Sector General Insurers, representative of Ministry of Finance, Government of India along with eminent independent members from Academia chosen for their unique contribution to the cause of Insurance, Education and Finance and other fields. The present Chairman of NIA Governing Board is Shri A. V. Girijakumar, CMD, The Oriental Insurance Co. Ltd. and Director of NIA is Shri G. Srinivasan, former CMD of The New India Assurance Co. Ltd. The sponsorship and patronage enjoyed by NIA have made it a prime destination for Education, Research, Training, Consultancy and Leadership Development in Insurance, Pension and Risk Management in South and South East Asia.


“NIA to be a global institution of excellence in learning and research in Insurance, Pension and allied areas.”


1. To build capacities in the management of Insurance, Pension and allied sectors.
2. To create a stream of young talent for the Insurance, Pension and allied sectors.
3. To provide strategic approaches in the Management of Insurance, Pension and allied sectors.
4. To undertake and create an ambience for policy research in Insurance, Pension and allied sectors.
5. To promote learning: education and training in Insurance, Pension and allied sectors.

Course offered


The curriculum consists of core Management subjects like Finance, HR, Marketing and IT along with Insurance Subjects viz. General Insurance, Life Insurance, Re-Insurance and Pension. Thus, the PGDM of NIA stands out in comparison with other PGDM Courses of similar nature and gives the student an added advantage of choosing an industry like Insurance which is set for unprecedented expansion while making their career choices. This programme is so designed to nurture students for top leadership role like CEOs and create entrepreneurs.

The unique blend of Management and Insurance has made the programme attractive to the employers giving a choice of well nurtured talent ready to take up any managerial position in Insurance and allied areas. NIA has the distinction of having 100% placement record right from the First Batch. The Alumni are working with reputed Multinational and Indian Reinsurance, Insurance Companies, Insurance Brokers and leading IT Companies, both in India and abroad. The PGDM is a full time programme that has hostel facility for about 120 number of students run from a 32 Acre sylvan campus with the state-of-the-art facilities that include classrooms, labs, conference hall etc. In addition, the campus has a swimming pool, outdoor games facilities, gym and yoga centre.



Admission Process and Eligibility

Selection to PGDM of NIA is based on the following criteria:

1) Past academic record
2) Performance in CAT 2019 or CMAT 2020
3) Performance in pre-selection, Group Discussion & Personal Interview including WAT.

Contact Admissions Team 

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Placements & Fee Structure:

  • Average Package (INR): 8,40,000/-
  • Highest Package (INR): 12,10,000/-
  • Fee (INR): 9,43,000/- for two years

Top Recruiters:

  • Chola MS
  • Tata AIG
  • Bharti AXA GI
  • Iffco Tokio
  • Magma HDI
  • Edelweiss Tokio Life
  • Future Generali Life
  • SBI Life
  • Kotak Life
  • Swiss Re
  • Marsh India Brokers
  • Anviti Brokers
  • Global Brokers
  • Unilight Re Brokers
  • Tata Motors Brokers
  • Go Digit
  • Accenture
  • Atos Syntel
  • SE2
  • C2L

BFSI: Airtel Payments Bank

Web Aggregators: Policybazaar

Standalone Health Insurance:  Manipal Cigna

Infrastructure and facilities:

  • NIA Convention Centre
  • NIA Library
  • Computer Facilities
  • Insurance Labs
  • Hostel
  • Heath Care
  • Sports and Recreation
  • Jogging Track and GIC Pathway


25, Balewadi, Baner Road, NIA PO, Pune – 411 045. India.


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