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NIA Pune Admission 2026: Last Date, Eligibility, Fees & Placements
National Insurance Academy (NIA), is a specialised institution funded by the Government of India and major insurance companies such as LIC, GIC and others. NIA offers MBA-equivalent programs in risk management, BFSI, and allied sectors. If you are planning to pursue a PGDM course in Insurance and Risk Management, then NIA, Pune attracts many MBA aspirants who are interested in a two-year PGDM program from the best MBA college in Pune. In this article, we will provide you with the comprehensive details of NIA Pune, covering the last date to apply for admission, eligibility criteria, fees, and placement statistics. So let us have a look:
This Story also Contains
- National Insurance Academy Highlights
- Placement Statistics (As per NIRF 2025 PG [2 Years Program(s)])
- Placement Statistics 2023-25
- Major Recruiters
- Basic Details for PG Diploma in Management
- Selection Procedure Criteria
- Seats Matrix
- Expected Cut-off for Shortlisting (For Latest Year)
- Weightages for Merit list (For Latest Year)
- Notable Alumni
- Why Choose PGDM at This College?
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National Insurance Academy Highlights
Established Year | 1980 |
Institute Type | Standalone Institute |
Careers B School Rating 2026 | AAAA |
Total Students | 283 |
Total Male | 193 (68.20%) |
Total Female | 90 (31.80%) |
Outside State | 185 (65.37%) |
Within State | 98 (34.63%) |
Total Faculty | 22 |
Established in 1980 by the Ministry of Finance & public-sector insurance companies, NIA Pune introduced its PGDM course in 2004. This table shows the National Insurance Academy overview based on the data submitted to the NIRF 2025 for the Management Domain by this institute. 65.37 per cent of the students are from outside the Maharashtra state, and 34.63 per cent are from Maharashtra.
Placement Statistics (As per NIRF 2025 PG [2 Years Program(s)])
Category | 2021–22 | 2022–23 | 2023–24 |
Admitted | 92 | 101 | 136 |
Graduated | 92 | 98 | 136 |
Placed | 92 | 98 | 136 |
Opt for HS | 0 | 0 | 0 |
Placement % | 100% | 100% | 100% |
Median CTC | Rs. 8,50,000 | Rs. 13,00,000 | Rs. 11,70,000 |
This table highlights the placement statistics for the two-year PG program in NIA Pune over the three batches. As per the NIRF 2025 data, 136 students were admitted to the 2023-2024 batch, and all students who completed their graduation received placement. NIA Pune has a 100 per cent placement rate since its inception, and the median salary offered for the batch 2023-2024 was Rs. 11.7 Lakhs.
Placement Statistics 2023-25
Parameter | Details |
Placement % | 100% |
Highest CTC | Rs. 20 LPA |
Average CTC | Rs. 12.74 LPA |
Median CTC | Rs. 12.50 LPA |
Top 10% Average | Rs. 18.00 LPA |
Top 50% Average | Rs. 14.90 LPA |
Top 75% Average | Rs. 13.70 LPA |
This table highlights the placement statistics as per the institute data for the academic year 2023-2025. The placement rate was 100 per cent for the year 2023-2025, and the highest CTC was Rs. 20 LPA. The average CTC was Rs. 12.74 LPA, and the median CTC was Rs. 12.50 LPA. The average salary for the top 10 per cent of the students was Rs. 18 LPA, for the top 50 per cent was Rs. 14.90 LPA, and for the top 75 per cent was Rs. 13.70 LPA.
Major Recruiters
ICICI Lombard | HDFC ERGO |
Tata AIA Life | SBI Life |
HDFC Life | Kotak Life Insurance |
Bajaj Allianz Life Insurance | Bajaj Allianz General Insurance |
Tata AIG | ICICI Prudential Life Insurance |
Aditya Birla Group | Reliance Industries Limited |
Swiss Re | Marsh McLennan |
WTW (Willis Towers Watson) | Aon |
Gallagher | Capgemini |
Infosys | Cognizant |
Accenture | IBM |
Policybazaar | Future Generali |
IFFCO Tokio General Insurance | SBI General Insurance |
Liberty General Insurance | Chola MS |
Universal Sompo General Insurance | Pramerica Life Insurance |
Care Health Insurance | Zurich Kotak General Insurance |
Digit Insurance | Orient Insurance |
QIC (Qatar Insurance Company) | Alliance Insurance Brokers |
Mahindra Insurance Brokers | UIB (United Insurance Brokers) |
Marsh | - |
Check out this table for the key recruiting companies at National Insurance Academy, Pune.
Basic Details for PG Diploma in Management
Category | Details |
Fees | Tuition Fees: ₹12,00,000 (2 years) Hostel & Boarding: ₹2,00,000 (1 year, only for 1st year) |
Accepted Scores & Exams | Minimum 50% in Graduation & CAT 2025, XAT 2026, CMAT 2026 |
Upper Age Limit | 28 years (General/EWS/OBC-NC) 30 years (SC/ST/PwD) as on 1st July 2026 |
Last Date of Application | March 31, 2026 |
Tuition & Hostel Fees: The tuition fees for the two-year PG Diploma in Management from NIA Pune are Rs. 12 Lakhs, and the hostel and boarding charges for the first year are Rs. 2 Lakhs.
Admission Criteria: Candidates must have a bachelor's degree with a minimum of 50 per cent marks in graduation. Admission to the PG Diploma course in management is based on the score of various MBA entrance exams like CAT 2025, XAT 2026, and CMAT 2026.
Age Limit: The maximum age limit for the NIA Pune PGDM is 28 years for general, EWS, and OBC-NC candidates. For other categories like SC, ST, and PwD, the maximum age limit is 30 years as on 1st July 2026.
Application Last Date: 31st March, 2026, is the last date to apply for the NIA Pune PG Diploma in Management (PGDM) 2026-28 batch.
Selection Procedure Criteria
Criterion | Weightage |
CAT/XAT/NMAT/GMAT Score | 50% |
Group Discussion | 10% |
Written Ability Test | 5% |
Personal Interview | 20% |
Work Experience | 10% |
Academic Performance | 5% |
Total | 100% |
50 per cent weightage is given to the accepted entrance test scores, like CAT, XAT, NMAT, or GMAT scores. 10 per cent weightage is for the group discussion, five per cent weightage is for the written ability test, 20 per cent weightage is for the personal interview, 10 per cent weightage is based on the work experience, and five per cent weightage is based on the academic performance of the candidate.
Seats Matrix
Category | Quota (%) | No. of Seats |
Open | 51% | 91 |
NC-OBC | 27% | 49 |
SC | 15% | 27 |
ST | 8% | 13 |
Total | 100% | 180 |
EWS | 10% | 18 |
Total AICTE-approved seats are 180 for the specialized MBA program in NIA Pune. Refer to the above table for the category-wise detailed seat matrix.
Expected Cut-off for Shortlisting (For Latest Year)
Category | CAT (%) | XAT (%) | CMAT (%) |
General / EWS | 75 | 80 | 95 |
NC-OBC / SC/ST/PwD | 70 | 75 | 90 |
The selection to NIA Pune PGDM program is based on the merit list. The expected general or EWS category cutoff for this year for the CAT exam is 75 percentile, for the XAT exam is 80 percentile, and for the CMAT exam is 95 percentile.
For other categories like NC-OBC, SC, ST and PwD, the CAT expected cutoff for NIA Pune PGDM Admission is 70 percentile, XAT expected cutoff is 75 percentile, and CMAT expected cutoff is 90 percentile.
Weightages for Merit list (For Latest Year)
Criteria | Sub-Criteria | Weightage (%) |
Past Academic Record | 10th Class | 2% |
12th Class | 4% | |
Graduation | 4% | |
CAT / CMAT / XAT | 50% | |
GD & PI | GD | 15% |
PI | 20% | |
Work Experience | 5% |
Check out the above table for the weightages for merit list of the PGDM Admission 2026 in National Insurance Academy Pune.
Notable Alumni
Name | Batch | Current Role | Organization |
Udit Mahajan | 2014–16 | National Head – Casualty Lines | Tata AIG General Insurance |
Abhijeet Mhatre | 2013–15 | General Manager & Head – Corporate Insurance | Reliance Infrastructure |
Rahul Gaglani | 2018 | Underwriter – War & Terrorism | Markel International |
Aniket Dhabekar | 2016–18 | Management Consultant | Accenture Strategy & Consulting |
Nilofar Khanum | 2012–14 | Senior Business Consultant | Happiest Minds Technologies |
This table highlights some of the NIA Pune alumni which are currently employed in various organisations. Udit Mahajan is currently working as a National Head at Tata AIG General Insurance and Abhijeet Mhatre is currently working as a General Manager & Head at Reliance Infrastructure.
Why Choose PGDM at This College?
Parameter | Details |
Placements Record | 100% placement since inception |
Salary Highlights | Batch 2023–25: Highest ₹20 LPA |
Alumni Network | 1300+ alumni with 200+ global presence |
Campus Infrastructure | Modern classrooms, library, hostels, sports complex, cafeteria |
Faculty | Mix of academic experts and industry professionals |
Summer Internship | 8-week structured internship program |
Recruiters | Companies from Insurance, Technology, Fintech sectors visit campus |
With a 100 per cent placement record since inception, highest salary of Rs. 20 LPA, a global alumni network, excellent campus infrastructure, expert faculties, internship programs and multiple recruiting companies is what makes National Insurance Academy- the best B-School in Pune.
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Hii,
Congratulations on being chosen!
With a vibrant campus community and excellent placement prospects, TAPMI Manipal (BIFS) is a good choice for banking and finance. It emphasizes exposure to the industry and hands-on learning.
The best place to study insurance is the National Insurance Academy in Pune, which also has
Hello,
Studying MBA Finance from NIA Pune or NIBM Pune can be valuable if you aim to specialize in insurance, banking, or financial services. These institutes focus on niche domains, offering strong industry connections, sector-specific curriculum, and placement opportunities in reputed organizations within their respective fields. However, if you're looking
Hello Student
Taking admission in National Insurance of Academy candidate should secure 50% marks in graduation and valid score in CMAT examination score of for nia Pune for CMAT examination is 87.5 percentile. For CAT 71percentile pf marks. National insurance Academy Pune established the year of 1980 is devoted to
Hello aspirant
National insurance academy provides an MBA specialization in banking, insurance and finance sector. This is an evergreen sector. There is a huge scope in insurance sector in India. It is said that insurance sector India will reach 280 billion dollar by the year 2020.
So it is totally
National insurance academy provides an MBA specialization in banking, insurance and finance sector. This is an evergreen sector. There is a huge scope in insurance sector in India. It is said that insurance sector India will reach 280 billion dollar by the year 2020.
So it is totally
hello aspirant,
The cutoff is not released by the authorities and it will be released on the official website.Cutoff changes every year due to many factors like total students appearing for exam,difficulty level of paper,category etc factors,so its quite tough to say exactly the cutoffs. as you did not mention
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