Zollege is here for to help you!!
Need Counselling

Home > Pune > NIA Pune > Admission 2023

NIA Pune Admission 2024: Courses, Eligibility, Fee, Application Form, Selection Process

Pune, MaharashtraPublic College

undefined's profile photo

| Updated On - Dec 27, 2023

Important Updates for NIA Pune

NIA Pune PGDM admission 2024 has begun and the last date to apply is March 15, 2024CAT Result 2023 has been released. Candidates can download the scorecard from the official website by using their login ID and username. XAT 2024 exam is scheduled for January 07, 2024.


Established in 1980, National Insurance Academy is a government institute located in Pune, Maharashtra. Institute is approved by AICTE and has an affiliation with international bodies like CPCU (USA), CII (London) and the Canadian Institute of Insurance.

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 50% 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.

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%

In terms of placements, the institute has maintained a decent placement record. NIA has a pretty good list of recruiters, namely divided into categories: General Insurance, Life Insurance, Reinsurance, Insurance Brokers, etc. The highest salary package was around INR. 29.5 LPA and the average salary package was around INR. 10.3 LPA.

NIA Pune Important Dates

Event Dates
Last Date to Apply for PGDM April 15, 2023
CAT Dates
CAT Notification Release July 31, 2023 (tentative)
CAT 2023 Registration Opens 1st Week of Aug, 2023 (tentative)
Registration Ends 3rd Week of Sep, 2023 (tentative)
CAT Form Correction Last Week of Sep, 2023 (tentative)
CAT 2023 Admit Card Release Last Week of Oct, 2023 (tentative)
CAT Mock Test Link Activation 4th Week of Oct, 2023 (tentative)
CAT 2023 Exam Date Nov 26, 2023 (tentative)
CAT 2023 Answer Key Release 1st Week of Dec, 2023 (tentative)
Answer Key Challenge Process 1st Week of Dec, 2023 (tentative)
CAt 2023 Result Declaration 1st Week of Jan, 2023 (tentative)
CMAT Dates
Last Date of Submision of Applications Fomrs Online Mar 13, 2023 (Up to 5 PM)
Last Date for Payment of Application Fee Online  Mar 13, 2023 (Up to 11.50 PM)
Correction Window (Online Only) Mar 14, 2023 – Mar 16, 2023
XAT Dates
XAT Registration 10th August - 11th December 2022
XAT Admit Card 20th December 2022
XAT Exam 8th January 2023
XAT Answer Key Release 17th January, 2023
XAT Result 28th January 2023

National Insurance Academy Pune PGDM Admission 2023

The National Insurance Academy offers a PGDM program for a duration of two years. The program covers a wide range of key functional areas in Life Insurance, General Insurance, Health Insurance, Pension and Group Insurance, and Actuarial Science. 

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.

National Insurance Academy Pune PGDM Selection Criteria

Selection to PGDM of NIA is based on the following criteria:

  • Past academic record
  • Performance in CAT or CMAT 
  • Performance in pre-selection, Group Discussion & Personal Interview including WAT

The following weightage will be assigned to the above-mentioned parameters-

Past Academic Record 20%
CAT/CMAT Score 50%
GD and PI-WAT 30%
Work Experience Appropriate weightage will be given to candidates with relevant work experience at the time of the interview

National Insurance Academy Pune PGP Admission 2023

The Post Graduate Program in Actuarial Science is an integrated post-graduate program covering the Core Principles and the Core Practices of the subjects of the Actuarial Profession.

PGP Actuarial Science Eligibility

Graduates with 50% marks preferably with mathematics, statistics or economics and management subjects can apply for the course. The students living outside India, whether of Indian origin or foreign nationals, with these academic qualifications can also apply.

PGP Actuarial Science Selection Criteria

The selection of the students for the course would be based on their academic performance and personal interview.

Note:

  • There is an application fee of Rs 1000 (US$ 20 for students and practitioners living outside India) (non-refundable).

How to Apply for National Insurance Academy Pune?

National Insurance Academy (NIA), Pune conducts an online application process. Only those candidates who satisfy the eligibility criteria fixed by the Academy are admitted. Candidates have to undergo the following admission process to get admitted to the academy:

  • Visit the official website of NIA, Pune.
  • Candidates have to register using a Username and valid Email Id.
  • Login with the Username and Password.
  • Fill the application form correctly.
  • Upload a recent passport-sized photograph.
  • Pay an application fee of INR. 1000/- online via credit/debit card or net banking.
  • Shortlisted candidates will be called for GD and PI.
  • Once selected, they have to submit the fee to confirm the admission.

Read More: NIA Pune Courses

FAQs

Ques. How different is the NIA’s PGDM Program from other programs?

Ans. This program has been designed to develop managerial excellence based on technical competence, proactive knowledge-seeking ability, creative problem-solving approach and visionary approaches that emphasize social upliftment through individual endeavours. 

Ques. What are the documents required while applying online? 

Ans. The documents required while applying online are

  1. Scanned copy of the applicant’s recent
  2. Sharp passport size photograph to be uploaded on the application form.
  3. The hard copy/printout of the filled application form need not be sent to NIA.

Ques. Can I apply for the program without the final year graduation scorecard? 

Ans. Yes, those who are in the final year of their graduation course and are expected to complete all processes of graduation before June 30, 2021, can apply. 

Ques. What is the placement record for the PGDM program? 

Ans. The PGDM qualifiers of NIA are highly valued and pursued by IT firms, Insurance companies, Insurance Broking Firms and Micro-insurance organizations, which can be observed through NIA’s 100% placement record since inception. 

The compensation offered to the PGDM qualifiers varies widely. The job offers are in the areas such as business analyst, marketing, finance, underwriting, claims, product development and basic management

Ques. What are the names of Companies that select Students on “Zero Day”? 

Ans. Companies like Bajaj Allianz General Insurance Co., Tata AIG., GoDigit GI Co., HDFC Ergo, Bharti Axa G Co., SBI Life Insurance CO., ICICI Prudential Life Insurance Company., Exide Life Insurance Company, Future Generali, Manipal Cigna HI Co., Aditya Birla HI Co., ICICI Lombard GI Company, Marsh India Insurance Brokers, Aditya Birla Insurance Brokers, Global Insurance Brokers, Anand Rathi Brokers., Policy Bazaar Insurance Brokers, Limitless Insurance Brokers, Swiss RE., Reliance Industries Ltd., Airtel Payment Bank, SE2, Accenture, Cognizant, L&T Infotech, IBM, Infosys, among others, pick up the PGDM students regularly 

Ques. Is it compulsory to stay on the NIA campus? 

Ans. Yes, the course is fully residential. But the students who are living with their parents in Pune are allowed to stay at home. Hostel accommodation will be provided to the students in the following order:

  • Girl students as per Merit 
  • SC, ST, DA, OBC-NC students as per Merit 
  • Remaining students in the order of their overall score in the merit list.

Students not getting accommodation will have to make their own staying arrangements and hostel charges will not be charged from such students.

COURSEADMISSION LINK
MBA/PGDM, Admission Link

NIA Pune Admission 2024 Dates

Important Events

EventDate

College Compared

Popular Colleges Compared With National Insurance Academy - [NIA]

Ranking
#26 by ARIIA (private)
Avg Fees/Year
6,50,000
Ranking
#6 by ARIIA (private)
Avg Fees/Year
6,50,000

Admission Brochures & Forms

MBA/PGDM - Brochure
MBA/PGDM - Brochure

Management (8)

Reviews found (8)

Overall Rating9.2
placement
10.0
college
9.0
course
10.0
hostel
10.0
interview
8.0
campus life
8.0

Remarks:

The eligibility criteria are CAT and CMAT scores. The application form is available on the national insurance academy website which is easily accessible to all. The application form fee is Rs 2000 and the last date to apply will also mention on the website as well. NIA has a reservation policy in admissions as per central government rules. A graduation degree or equivalent from any recognized Indian/foreign university with a minimum of 55% for the ST/SC category. The maximum age limit is 28 for general OBC/NC. 30 for ST/SC category.

Read Full Review
Reviewed on January 13, 2023|
Overall Rating10
placement
10.0
college
10.0
course
10.0
hostel
10.0
interview
10.0
internship
10.0
campus life
10.0

Remarks:

For applying to this course a student has to appear either for CAT or CMAT exam, you need to have more than 80 in CAT and more than 87 in CMAT. After shortlisting your profile there will be a WAT, GD, and PI round.

Read Full Review
Reviewed on January 13, 2023|
Overall Rating10
placement
10.0
college
10.0
course
10.0
hostel
10.0
interview
10.0
internship
10.0
campus life
10.0

Remarks:

I applied to NIA through the CMAT exam. The cut-off was 90 percentile. After getting shortlisted based on my CMAT score, I underwent a rigorous admission process consisting of WAT, GD, and PI. The process was held in Pune and Delhi for 3 days.

Read Full Review
Reviewed on January 13, 2023|
Overall Rating8.9
placement
10.0
college
8.0
course
9.0
hostel
9.0
interview
9.0
internship
9.0
campus life
8.0

Remarks:

The admission process was in 3 rounds, After Cmat/CAT - GD/PI/Written test was there. The final selection was made on the basis of a total of these scores. Application form and application fees everything is mentioned on NIA's website.

Read Full Review
Reviewed on January 13, 2023|
Overall Rating9.7
placement
10.0
college
10.0
course
10.0
hostel
9.0
interview
10.0
internship
10.0
campus life
9.0

Remarks:

To be eligible for the course aspirant needs to have 3 things: Graduation with more than 50%, CMAT or CAT scores, and Age should be less than 28 years. Once you become eligible and get shortlisted you need to go through GDP/PI.

Read Full Review
Reviewed on January 12, 2023|
Overall Rating8.1
placement
8.0
college
8.0
course
9.0
hostel
8.0
interview
9.0
internship
7.0
campus life
8.0

Remarks:

I gave Cat exam and scored 82 percentile, went through a rigorous process of GD -PI process and secured admission to this beautiful lush green campus in the city of Pune. The college provides a specialised course in insurance and other management subjects. The college also invites companies to participate in summer internship programs and the industrial exposure here is amazing along with experienced faculties that provide the best of knowledge and expertise. The hostel and mess facilities are quite decent too and the campus life here is amazing.

Read Full Review
Reviewed on January 12, 2023|
Overall Rating9
placement
8.0
college
9.0
course
9.0
hostel
9.0
interview
9.0
internship
9.0
campus life
10.0

Remarks:

The admission process is quite seamless. You can avail of admissions based on your CMAT or CAT score. You can register at NIA's website and fill up all your academic, extracurricular and previous job experience information. Based on this information you'll be sent a mail for GD/PI. After this process, a merit list will be uploaded on the website and students selected can pay the fees to avail of admission.

Read Full Review
Reviewed on January 12, 2023|
Overall Rating9.1
placement
10.0
college
9.0
course
9.0
hostel
9.0
interview
9.0
internship
8.0
campus life
10.0

Remarks:

I applied for admission to NIA through CAT. It was a very exciting process, shortlisting for the interview was done on the basis of CAT or CMAT score, then on the day of the interview, first there was a GD round followed by an interview. The topic for GD was very easy, and in the interview, general questions were asked in the beginning, they asked questions related to family, educational background, related to home town, some economics-related questions, and a few insurance-related also.

Read Full Review
Reviewed on January 10, 2023|


Ask your question


Similar Colleges You Might Be Interested In

No Ratings Found!!
Follow
4.5/10(3 Reviews)
Follow
4.2/10(1 Reviews)
Follow
Choice College of Arts & Commerce
BBA/BMS 17 KFirst year Fees courses & fees >
No Ratings Found!!
Follow
4.4/10(4 Reviews)
Follow
No Ratings Found!!
Follow
No Ratings Found!!
Follow
No Ratings Found!!
Follow
3.8/10(4 Reviews)
Follow