National Insurance Academy (NIA)
National Insurance Academy (NIA) Pune

NIA Pune Courses, Admission 2024, Fee, Placement, Ranking, Location

National Insurance Academy (NIA) is a private business school in Pune that was founded in 1980. The AICTE has authorized NIA Pune. It provides PhD and PGDM programs in a number of fields, including IT, general management, and insurance. Furthermore, this institution provides a range of online certificate programs and short-term training sessions. NIA offers its PGDM students two areas of specialization: management and insurance.

The Institute of Actuaries of India, Savitribai Phule Pune University, the Federation of Afro- Asian Insurer and Reinsurer (FAIR), the Institute for Global Insurance Education (IGIE), Indian Insurance Companies, and regulatory organizations such as the Insurance Regulatory and Development Authority of India (IRDAI) are all closely associated with the National Insurance Academy (NIA).

NIA Pune Highlights


Establishment Year




Campus size

32 Acres

Recognised by


Number of courses offered


Total faculty


Number of scholarships offered

9 (Merit-based, Need based)

Scholarship amount

Rs 1 lakh

Popular recruiters

Accenture, Cognizant, Infosys, Policy Bazar, SBI General, among others.

Highest salary offered (2021-23)


Average salary offered (2021-23)

INR 12.50 LPA
CoursesTotal tuition FeesEligibility
MBA/PGDM(1 course)
9.4 L
Graduation : 50 %
PG Diploma(2 courses)
9.4 K – 17.7 K
– / –
Certificate(2 courses)
4.7 K – 2.4 L
Graduation : 50 %

*NIA Pune MBA ranking by NIRF is 101 out of 125 colleges in India in 2023 and it was 102 out of 125 colleges in India in 2022.

National Insurance Academy (NIA) National Insurance Academy (NIA) nia pune

NIA Pune Courses

Post Graduate Diploma in Management [PGDM] (Insurance)

Total tuition Fees: ₹ 943,000 Total Fees


Total tuition Fees: ₹ 4,720 Total Fees

Post Graduate Program in Actuarial Science

Total tuition Fees: ₹ 240,000 Total Fees

NIA Pune Admission process

1. Visit the official website of NIA, Pune.

2. Candidates have to register using a Username and valid Email Id.

3. Login with the Username and Password.

4. Fill the application form correctly.

5. Upload a recent passport-sized photograph.

6. Pay an application fee of INR. 1000/- online via credit/debit card or net banking.

7. Shortlisted candidates will be called for GD and PI.

8. Once selected, they have to submit the fee to confirm the admission.

Merit based Scholarships

1-Nine scholarships, each worth one lakh, are awarded by NIA to deserving students, including females and those from economically disadvantaged backgrounds.

2. The General Insurance Corporation of India provides five scholarships to deserving students, each covering 50% of the cost of the course.

3. The scholarships are meant for the meritorious students belonging to the lower income category.

Documents required for admission:

1. Class 10th and 12th Marksheets and Passing Certificate

2. Graduation degree and Degree Certificate

3. Scorecard of entrance exam taken by the candidate

4. Category Certificate (if applicable)

5. Govt. ID proof

6. Passport sized photographs

NIA Pune Admission Dates 2023

PGDM Application Starts November 01, 2024
CAT Dates
CAT 2023 Registration August 02, 2023 – September 20, 2023
CAT 2023 Admit Card ReleaseOctober 25, 2023
CAT 2023 Exam 26 November 2023 

NIA Pune Placements 2023

ParticularsPlacements statistics (2021-23)Placements statistics (2020-22)
Students Placed9891
No. of International Offers8
No. of PPOs4027
Placement percentage100%100%
Highest CTCINR 18 LPAINR 29.5 LPA
Average CTC of Top 10%INR 18 LPA
Average CTC of Top 50%INR 14.94 LPA
Average CTC of Top 75%INR 13.86 LPA
Average CTCINR 12.5 LPAINR 10.3 LPA
Median CTCINR 13 LPA
Increase in average package21.31%
Top recruitersTata AIG General Insurance, Bajaj Allianz General Insurance, Mahindra Insurance Brokers Ltd., Policybazaar Insurance Brokers Pvt. Ltd., etc.Larsen & Toubro Infotech Ltd., ICICI Lombard General Insurance Co. Ltd, Tata AIG General Insurance, etc. 

NIA Pune Placements 2023


Highest Package


Average Package

NIA Pune Location

Address– 25, Baner – Balewadi Rd, Ram Nagar, Balewadi, Pune, Maharashtra 411045

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