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).
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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 |
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Last Date to Apply for PGDM | April 15, 2023 |
CAT Dates | |
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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 | |
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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 | |
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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 |