About National Insurance Academy – Pune

The National Insurance Academy (NIA Pune is also known as NIA) is situated in Pune, India. Founded in 1980 by the Finance Department of the Indian government with capital patronage from LIC and public sector general insurance industry. NIA started MBA education as a lateral diversification from 2004 with Dr. K C Mishra as the founder-director and Dr. R K Parchure as MBA Coordinator, who was soon replaced by Dr. S D Totade. After the tenure of Dr. K C Mishra, the Academy had Dr. Prathap Oburai from IIM Ahmedabad as the new Director. During his stint here, Dr. Oburai had promised the students to elevate the academy to the top 10 B-Schools of India with strong international collaborations. NIA runs a PGDM course. It provides a dual specialization (Insurance + Finance/Marketing/HR/IT)

Courses Offered

  • Post Graduate Diploma in Management


Required Exams: CAT, CMAT

Admission Process and eligibility

National Insurance Academy offers PGDM to its students in the field of management with a specific focus on Insurance, Pension, and allied areas. The program is recognized as equivalent to MBA by the Association of Indian Universities (AIU). For admission to the PGDM course, a candidate must hold a bachelor’s degree in any discipline with a minimum of 55% marks. The student appearing for their graduation’s final year exams can also apply, subject to the declaration of their examination results. Qualifying exams for admission are CAT or CMAT.

National Insurance Academy Pune PGDM Eligibility

  • The applicant must hold a Bachelor's degree in any discipline from a recognized University with a minimum of 55% marks.
  • Students appearing for their final year can also apply, subject to the declaration of their examination results.
  • Should have appeared for CAT or CMAT
  • The upper age limit is 28 years for General/OBC - NC candidates, and 30 years for SC/ST/DA candidates.
For the purpose of final selection, the institute assigns the following weights to different parameters, such as-
  • Past Academic Record: 20%
  • CAT/CMAT Score: 50%
  • GD and PI-WAT: 30%

Notable Alumni

For information about notable Alumni of NIA, Pune click here


The HR Summit organized by National Insurance Academy focuses on challenges pertaining to the world of work. Tatva was conceptualized in the year 2006 and since then it has been a rewarding and edifying journey for NIA. The summit is an effective platform not only for the exchange of ideas, views, and suggestions but also for discussion on current trends that constitute the world of work.

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Batch Profile

  • Fresher percentage of students = 62%
  • Percentage of students with work experience < 2 years =31 %
  • Percentage of with work experience > 2 years=7%

Placements & Fee Structure

Highest Package = 28 Lakhs Average Package = 9-10 Lakhs

Top Recruiters

3i Infotech Aditya Birla Group Atos BAJAJ Allianz Bharti AXA Cognizant IBM ICICI Prudential IFFCOtokyo Infosys Intellect Design L&T Infotech Marsh Policy Bazaar Reliance Industries Limited Religare SBI Life Swiss Re TATA AIG Insurance Tata Motors

Infrastructure / Facilities


National Insurance Academy 25,Balewadi, Baner Road, NIA P.O., Pune 411 045 India   Phone +91-20-27204000 / 27204444 Fax +91-20-27204555 / 27390396

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