National Insurance Academy, established in 1980, is a government institute in Pune, Maharashtra. The institute is AICTE-approved and affiliated with international entities such as CPCU (USA), CII (London), and the Canadian Institute of Insurance.
National Insurance Academy provides PGDM programs in management with an emphasis on insurance, pensions, and related fields. The Association of Indian Universities recognises the curriculum as comparable to an MBA.
To be admitted to the PGDM program, a candidate must have a bachelor's degree in any discipline with at least 50%. Students who are taking their last year of graduation exams are also eligible to apply, subject to the declaration of their results. Admission qualifying tests include the CAT, XAT, and CMAT.
For final selection, the institute assigns the following weights to several characteristics, such as
- Past academic record: 10%.
- CAT/CMAT Score: 50%.
- GD: 15%
- PI: 20%
- Work Experience: 5%.
In terms of placements, the institute has a solid track record. NIA offers a good list of recruiters, which are organised into areas such as general insurance, life insurance, reinsurance, insurance brokers, and so on. The biggest remuneration package was around INR 22 LPA.
NIA Pune PGDM Admission 2025
The National Insurance Academy provides a two-year PGDM curriculum. The curriculum includes a wide range of management topics, including finance, human resources, marketing, analytics, and technology, as well as insurance topics such as life insurance, general insurance, reinsurance, and pension.
NIA Pune's PGDM Eligibility
- The applicant must have a Bachelor's degree in any discipline from a recognised university, with at least 50% marks.
- Students in their final year may also apply, subject to the announcement of their examination results.
- Should have shown for CAT/XAT/CMAT.
- The maximum age restriction is 28 years for General/OBC - NC applicants and 30 years for SC/ST/DA candidates.
NIA Pune's PGDM Selection Criteria
Selection to NIA's PGDM is based on the following criteria:
- Previous academic record.
- Performance on CAT 2023, XAT 2024, or CMAT 2024
- Performance in pre-selection, group discussions, and personal interviews, as well as written English proficiency.
The above-mentioned parameters will have the following weightage:
| 10th |
2% |
| 12th |
3% |
| Graduation |
5% |
| CAT/CMAT/ XAT Score |
50% |
| GD |
15% |
| PI |
20% |
| Work Experience |
5% |
How to Apply for National Insurance Academy Pune?
The National Insurance Academy (NIA) in Pune runs an online application process. Only candidates who meet the Academy's eligibility standards are admitted. To be admitted to the academy, candidates must complete the following admissions process:
- Visit the official website of the NIA, Pune.
- Candidates must register using a username and a valid email address.
- Log in with your username and password.
- Fill out the application form correctly.
- Upload a recent passport-sized photo.
- Pay the application cost of INR 1500/- online using a credit/debit card or net banking.
- Shortlisted candidates will be invited to a group discussion and a personal interview.
- Once chosen, students must pay the cost to confirm their admittance.
