NIA Pune - National Insurance Academy

Established in the year 1980, National Insurance Academy was jointly established by the Ministry of Finance - Government of India, Life Insurance Corporation of India, General Insurance Corporation of India, the New India Assurance Company, National Insurance Company, United India Insurance Company and the Oriental Insurance Company. The institute is also known as NIA Pune. Earlier the campus was functioning in Mumbai and later on in the year 1990, it got shifted to Pune. The Governing Board of the Academy of NIA Pune comprises of the Chairman and the Managing Directors of LIC of India, CMDs of the 4 Public Sector General Insurance Companies,  two academicians from the Indian Institute of Management, Agriculture Insurance Corporation of India, the CMDs of GIC of India, a representative of the Department of Financial Services Government of India and two independent professionals. As per the official website, the vision of NIA Pune is to be globally recognised as an institute of excellence in the fields of insurance, pensions and related areas. The institute offers PGDM programme and admission to the course is based on scores obtained in CAT or CMAT and performance in the GD and PI conducted by the institute.

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What is the full form of NIA Pune?

The full form of NIA Pune is National Insurance Academy. The institute is located at Pune and NIA Pune is used as a short name for the institute.

NIA Pune Location

The institute is located at NIA P.O, 25,Balewadi, Baner Road, Ram Nagar, Balewadi, Pune in Maharashtra. The nearest railway station Pimpri Railway Station is around 13 km away from the college. Pune International Airport is approximately 20 km away from the campus. Balewadi Depot is around 1 km away from NIA Pune. Candidates can hire a taxi or take an auto-rickshaw to reach the institution.

National Insurance Academy Latest News and Updates

• A virtual HR Summit 2021 - Tatva was organised on the topic Rebooting, Redesigning, Rebuilding the World of Work.

• A webinar on the topic Marine Cyber : Cargo and Logistics was organised.

• NIA Pune organised an online workshop on Fraud Management - Motor (OD) 

National Insurance Academy Accreditation 

NIA Pune has been accredited by the National Board of Accreditation.

NIA Pune Notable Alumni

NIA Pune Facilities

Gym, hostel, library, sports, wifi, etc. are the NIA Pune facilities. In order to ensure safe and secured accommodation for the outstation students, the institute has a separate hostel for boys and girls. Paramveer Chakra Manoj Pandey Gymkhana has a gym with all the necessary gym equipment for the physical workout of the students. The centrally air-conditioned library has a humongous collection of books related to management, insurance, finance and other subjects. Apart from the physical resources students have access to online resources as well. Apart from these National Insurance Academy facilities, the campus also has a bank to provide banking services to its members. Lab, computing facilities and transport are some other NIA Pune facilities. 

Also see: National Insurance Academy Facilities

NIA Pune Courses

The institute offers Post Graduate Diploma in Management to the students. NIA Pune course spans over 2 years and the fee is Rs. 9.43 lakhs. More details about National Insurance Academy course has been tabulated below:

NIA Pune Course and Eligibility Criteria

Read more about: National Insurance Academy Course

NIA Pune Admission

Admission at National Insurance Academy is offered to the PGDM programme. Graduates having at least 50% marks from a recognised university can enrol for NIA Pune admission. NIA Pune PGDM programme has accorded the status of M.B.A equivalence by the AIU. The step by step NIA Pune admission process has been given below:

NIA Pune Admission Procedure

• Obtain a valid score in CMAT or CAT.

• Submit the NIA Pune application form.

• Appear for the group discussion and personal interview.

• If selected, complete the NIA Pune admission formalities.

Also read: National Insurance Academy Admission

National Insurance Academy Scholarship

Students can avail of Merit-based Scholarship for Girls Students, Reserved Category (SC/ST/OBC) Scholarship and Need/Income Based Scholarships offered by the institute. A total of 9 NIA Pune scholarships are offered to the candidates fulfilling the eligibility criteria as per the scholarship policy.  These scholarships motivate students to do well in their academics and it helps to reduce the financial burden helping them to pursue their educational aspirations.

NIA Pune Placement

Final year students of the institute are a part of the NIA Pune placement drive conducted every year. Various activities such as case study/discussion on IRDA guidelines, mock press/mock parliament, mock GD/interviews, white paper reviews and presentations, etc. are organised to train the students for National Insurance Academy placement. GoDigit General Insurance Ltd.

Exide Life Insurance Co. Ltd., IFFCO Tokio General Insurance Co. Ltd., Future Generali Life Insurance Co. Ltd., Aditya Birla Insurance Brokers Ltd., Salasar Services Insurance Brokers Pvt. Ltd., ICICI Prudential Life Insurance Co. Ltd., Tata AIA Life Insurance Co. Ltd., Edelweiss, Gallagher Insurance Brokers Ltd., Howden Insurance Brokers India Pvt. Ltd., etc. are amongst the NIA Pune recruiters. 

NIA Pune Placement Highlights 2020-22 Batch

NIA Pune Recruiters

See also: National Insurance Academy Placement