Annual Fees
₹12.0L – ₹14.0L/yr
Avg Package
₹12.2 LPA
Highest Package
₹38.2 LPA
Courses
1+
Rating
4.5/5 ⭐
National Insurance Academy (NIA) is a premier management institution located in Balewadi, Pune, Maharashtra. Established in 1980 by public sector insurance companies and the Ministry of Finance, Government of India, NIA Pune has carved a niche for itself as a leading academy for learning, education, and research in Management, Insurance, Pension, and Risk Management. The institute's flagship Post Graduate Diploma in Management (PGDM) program is approved by the AICTE, accredited by the National Board of Accreditation (NBA), and granted equivalence to an MBA by the Association of Indian Universities (AIU). Boasting a sprawling 32-acre green campus equipped with ultra-modern resources like dedicated insurance and marine laboratories, a state-of-the-art library, and advanced IT infrastructure, NIA offers an unparalleled academic life. Students consistently choose NIA Pune due to its historic 100% placement record since inception, eminent faculty consisting of seasoned industry practitioners, and specialized curriculum that blends core management subjects with high-demand insurance insights.
| Established | 1980 |
| Type | Private |
| Location | National Insurance Academy, 25, Baner - Balewadi Road, Ram Nagar, Balewadi, Pune, Maharashtra - 411045 |
| Affiliation | Independent (Approved by AICTE, Equivalent to MBA by AIU) |
| NAAC Grade | NAAC A+ |
| NIRF Rank | #75 |
| Campus Area | 32 acres |
| Total Students | 360 |
| Faculty | 27 |
| Student:Faculty Ratio | 13:1 |
| Courses Offered | |
| Entrance Exams | CAT, XAT, CMAT |
| Hostel | Not Available |
| Official Website | https://pgdm.niapune.org.in |
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National Insurance Academy
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National Insurance Academy (NIA) is a private college located in Pune, Maharashtra, established in 1980. It holds NAAC A+ accreditation and is ranked #75 in NIRF 2025.
Fees: Annual fees at NIA range from ₹12.0L to ₹14.0L per year depending on the program. Placements: The average placement package is ₹12.2 LPA with the highest package reaching ₹38.2 LPA.
Admission: NIA accepts CAT, XAT, CMAT for admission. Candidates must score the required cutoff in these exams to be eligible.
Top Recruiters: TATA AIA, Kotak General Insurance, HDFC Ergo, Bajaj Allianz, SBI General Insurance, Iffco-Tokio and more.
Source: collegepune.com · Data verified April 2026
| Program | Duration | Eligibility | Fees |
|---|---|---|---|
| Post Graduate Diploma in Management (PGDM) | 2 Years | Graduation with minimum 50% marks (45% for SC/ST) | ₹12.0 LPA |
Select an exam to match against real cutoffs.
Entrance Exam
Appear for national level entrance tests like CAT, XAT, or CMAT.
Online Registration
Visit the official portal, fill out the application form, and submit the required registration fee.
Shortlisting & GD-PI-WAT
Candidates are shortlisted based on exam scores for Group Discussion, Personal Interview, and Written Ability Test.
Merit List & Seat Allotment
Final selection is based on entrance percentile (50%), GD/PI/WAT (35%), past academic history (10%), and work experience (5%).
Fee Submission
Confirm the admission by depositing the initial academic fee online.
Avg Package
₹12.2 LPA
Highest
₹38.2 LPA
Placement %
100%
Companies
33+
| Program | Avg | Highest | % Placed |
|---|---|---|---|
| PGDM | ₹12.2 LPA | ₹38.2 LPA | 100% |
Typical documents — verify exact requirements with the college.
National Insurance Academy, 25, Baner - Balewadi Road, Ram Nagar, Balewadi, Pune, Maharashtra - 411045
✈️ By Air
Nearest: Pune International Airport
🚆 By Train
Nearest: Pune Junction
🚌 By Road
Connected via PMPML buses & cabs
PGDM (General / EWS)
CMATGeneral
OBC
EWS
—SC
ST
PGDM (General / EWS)
XATGeneral
OBC
EWS
—SC
ST
PGDM (General / EWS)
CATGeneral
OBC
EWS
—SC
ST
Cutoffs shown are closing scores/percentiles for the latest available year. Lower is generally better.
CollegePune · 2026
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Management
AIU · 2026
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Equivalence
Meritorious Students Scholarship
₹1,00,000Outstanding overall academic performance during selection criteria
By: Academy
Girl Students Scholarship
₹1,00,000Top female candidates fulfilling the prescribed merit criteria
By: Academy
Economically Weaker Sections Scholarship
₹1,00,000Students belonging to the EWS category based on official income limits
By: Academy
Full Fee Waivers
Full tuition fee waiverTop 5 students based on absolute merit ranks
By: Academy
Insurance & Marine Labs
Specialized simulation laboratories for practical learning in motor, insurance, and marine concepts
State-of-the-Art Library
Over 24,600+ books, 94 periodicals, and access to leading global online journals
FAIR IT Park
High-tech computer lab setups with robust networking infrastructure
Sports Complex
Comprehensive indoor gym, swimming pool, and multiple outdoor courts
Auditorium & Seminar Halls
Air-conditioned amphitheater settings for corporate seminars and industry interactions
Medical & Banking Center
On-campus healthcare units alongside active banking and postal services
Graduates from National Insurance Academy have been recruited by:
See how NIA stacks up against other colleges side-by-side — fees, placements, rankings & more.
Start a comparisonThe total tuition fee for the 2-year PGDM course at National Insurance Academy is ₹12,00,000. Accommodation and food charges are approximately ₹2,00,000 for the first year. For category-based relaxations or breakdown updates, please consult collegepune.com or the official portal.
Admission to National Insurance Academy is based on valid CAT 2025, XAT 2026, or CMAT 2026 percentiles. Shortlisted candidates must clear the subsequent Group Discussion (GD), Personal Interview (PI), and Written Ability Test (WAT). Complete weightage criteria can be verified directly at collegepune.com.
National Insurance Academy holds a historic 100% placement record since its inception. For the current batch, the highest package reached ₹38,18,000 per annum, and the average salary stood at ₹12,17,000 per annum. Top hiring firms include HDFC Ergo, TATA AIA, and Kotak General Insurance.
The expected CMAT cutoff for shortlisting General and EWS category candidates at National Insurance Academy is approximately 95 percentile. For reserved categories like SC, ST, and NC-OBC, the cutoff generally stays around 90 percentile.
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