National Insurance Academy offers two full-time MBA/PGDM programs. These include PGDM (Insurance and Risk Management) and PGDM (Technology Management). Both programs are AICTE-approved and are PGDM equivalent to MBA programs. The total National Insurance Academy fees for the PGDM programs is INR 12,00,000 for two years. Apart from this, students staying on campus need to pay INR 2,00,000 per year towards hostel and food charges. The PGDM programs at NIA Pune are officially recognized by AIU, which means they carry the same value and recognition as an MBA degree from a university.
Admission is open to candidates with a bachelor’s degree from a recognized university with at least 50% marks. Selection is based on CAT, XAT, or CMAT scores along with academic profile, work experience, group discussion, and personal interview performance.
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National Insurance Academy Fees 2027 (MBA)
NIA Pune MBA fees are INR 12,00,000 for the two-year PGDM in Insurance and Risk Management, which is recognised as equivalent to an MBA by the Association of Indian Universities (AIU). Students opting for campus accommodation must pay an additional INR 2,00,000 for hostel and boarding charges for one year, taking the combined cost to INR 14,00,000. Hostel facilities are available for first-year students.
In the NIA Pune placement 2026, the MBA graduates secured an average package of INR 12.17 LPA and INR 38.18 LPA of highest package, with an 100% placement rate.
NIA Pune MBA is available in two specialisations, namely Insurance and Risk Management and Technology Management. Candidates need 50% in graduation and CAT, CMAT, or MAT scores to be eligible for the admission.
| Program Name | Duration | Eligibility | Fee Details |
| PGDM (Insurance and Risk Management) | 2 Years | Bachelor’s degree in any discipline with minimum 50% marks | INR 12,00,000 program fee + INR 2,00,000 per year hostel and food charges |
| PGDM (Technology Management) | 2 Years | B.E. / B.Tech. / BCA / B.Sc. with minimum 50% marks | INR 12,00,000 program fee + INR 2,00,000 per year hostel and food charges |
The MBA/PGDM Insurance and Risk Management curriculum includes around 55% management subjects, such as Finance, Marketing, HR, Analytics, and Technology, along with 45% insurance-related subjects, including Life Insurance, General Insurance, Reinsurance, and Pension. The MBA/PGDM Technology Management program is the first batch launched by NIA Pune. The course focuses on management, technology, and insurance industry applications.
NIA Pune admission to both programs is based on:
- Past academic performance
- CAT / XAT / CMAT scores
- Group Discussion and Personal Interview
- English communication skills
- Work experience
National Insurance Academy Courses and Fees FAQs
What is the total fee of NIA Pune?
The total program fee at NIA Pune is INR 12,00,000 for a two-year Hostel, and food charges are additional.
What is NIA Pune fees for PGDM?
NIA Pune PGDM fees are INR 12,00,000 for the full program. Students opting for hostel accommodation need to pay INR 2,00,000 per year extra towards hostel and food charges.
What courses are offered by NIA Pune?
NIA Pune offers PGDM (Insurance and Risk Management) and PGDM (Technology Management) programs.
What is the eligibility for National Insurance Academy Pune PGDM admission?
Candidates must have a bachelor’s degree with at least 50% marks from a recognized university. For PGDM Technology Management, degrees like B.E., B.Tech., BCA, and B.Sc. are accepted.
Which entrance exams are accepted by NIA Pune?
National Insurance Academy Pune accepts CAT, XAT, and CMAT scores for admission to its PGDM programs.

