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ApplyNational Insurance Academy (NIA), Pune concluded NIA Pune Placements for the 2021-23 PGDM batch, with 100% placements. The season's placement saw the highest CTC of Rs. 18 LPA, with a median CTC of Rs. 13 LPA and an average CTC of Rs. 12.50 LPA. The average CTC during the NIA Pune placement 2023 increased by 21.31% compared to last year. The number of PPOs offered during the placement drive was 32.
In the NIA Pune Placement 2022, the season's placement witnessed the highest package offered to Indian students was Rs. 27 LPA, with the average CTC standing at Rs. 10.3 LPA. The highest international CTC was Rs. 29.5 LPA. During the NIA Pune MBA placements, companies from Insurance & Reinsurance, MNCs, financial services, consultancies, and IT participated and made offers across multiple domains.
In the NIA Pune MBA Placements 2022, the top 10% of students received the NIA Pune average package of Rs. 27.2 LPA, while the top 25% of students received the average package of Rs. 17.7 LPA. Most of the students got selected in the General Insurance sector, followed by IT and insurance brokers.
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Let's have a look at the NIA Pune Placement 2021-23 in a detailed manner.
Particulars | 2023 | 2022 |
Placement Rate | 100% | 100% |
Highest International Package | - | Rs. 29.50 LPA |
Highest Indian Package | Rs. 18 LPA | Rs. 27 LPA |
Average Package | Rs. 12.50 LPA | Rs. 10.30 LPA |
Median Package | Rs. 13.00 | - |
Average Package of Top 10% | - | Rs. 27.20 LPA |
Average Package of Top 25% | Rs. 17.70 LPA | - |
Average Package of Top 50% | Rs. 13.20 LPA | - |
Average Package of Top 75% | Rs. 11.50 LPA | - |
PPO Offered | 30% | 32 |
During the NIA Pune Placement 2022, 48% of students were offered placements in the General Insurance sector, Information Technology and Insurance Brokers firms also recruited most NIA students. The table below shows the sector-wise distribution of 2022 NIA Pune Placements.
Sector | % of Students Placed |
General Insurance | 48 |
IT | 21 |
Insurance Brokers | 16 |
Consulting | 4 |
Life Insurance | 3 |
Reinsurance | 3 |
Health Insurance | 2 |
Others | 3 |
Source: NIA Pune Placement 2023 Report
Many top recruiters from a wide range of industries participated in the NIA Pune Placement 2023. The table below represents sector-wise NIA Pune Placement top recruiters.
Sector | Top Recruiters |
General Insurance | Bajaj Allianz General Insurance Company, Future Generali India Insurance Company Ltd., Go Digit General Insurance Limited, ICICI Lombard General Insurance, IFFCO Tokio General Insurance, Liberty General Insurance Limited, Magma HDI General Insurance Company Ltd., SBI General Insurance Company Ltd., Reliance General Insurance, Tata AIG General Insurance Company Ltd., Universal Sompo General Insurance |
Life Insurance | HDFC Life Insurance, ICICI Prudential, SBI Life, TATA AIA Life Insurance, Exide Life |
Insurance Brokers | Aditya Birla Insurance Brokers, Aon India Insurance Brokers, Anand Rathi Insurance Brokers, First Policy, Global Insurance Brokers, Gallagher, Howden, Marsh Insurance Brokers, Policy Bazaar, Prudent Brokers, Unilight Insurance & Reinsurance Brokers, Salasar |
Reinsurance | Swiss Re |
Health Insurance | Aditya Birla Health, CARE Health Insurance Company, Manipal Cigna Health Insurance, Star Health |
IT | Atos Syntel, Accenture Technology, C2L BIZ Solutions, Cognizant Technologies, Infosys, L&T Infotech, SE2 India, Wurth IT |
International Company | Orient PSJC Insurance Company, Qatar Insurance Company |
Consulting | Accenture Strategy and Consulting, Cognizant Consulting |
Other | Finsall Resources, RMS, Reliance Industries Ltd |
The table below depicts the batch profile of 2021-23 PGDM.
Particulars | Details |
Batch Strength | 98 Students |
Male Students | 61 |
Feale Students | 37 |
Students Qualification | B.E., B.Tech., B.Sc., B.Com, BBA, BMS, BCA, BA |
Students With Work Experience | 25 |
Freshers | 73 |
Image Source: NIA Placement 2023 Report
Students at NIA Pune have experienced exciting and challenging summer internship projects in a variety of organisations across diverse industries like Operations, Business Analysis, Market Research, Field Surveys, and Statistical Modelling. The current batch of students at NIA Pune is also geared up to take this legacy forward and to greater heights.
The table below shows the 2021-23 PGDM batch profile at National Insurance Academy Pune.
Particulars | Details |
Batch Strength | 136 Students |
Male Students | 94 |
Female Students | 42 |
Students Qualification | Commerce, Engineering, Science, Management, Arts |
Students With Work Experience | 31 |
Freshers | 105 |
Image Source: PGDM 2022 Placement Report
Sector | NIA Pune Top Recruiters |
General Insurance | Bajaj Allianz General Insurance Company, Digit Insurance, Future Generali India Insurance Company Ltd., Liberty General Insurance Ltd., Magma HDI General Insurance Company Ltd., SBI General Insurance Company Ltd., Tata AIG General Insurance Company Ltd. |
Insurance Brokers | AON India Insurance Brokers Private Limited, Gallagher Insurance Brokers Private Limited, Marsh India Insurance Brokers Private Limited, Policybazaar Insurance Brokers Private Limited, Symbo India Insurance Broking Private Limited |
Life Insurance | Kotak Mahindra Life Insurance Company Limited, SBI General Insurance Company Limited |
IT | Larsen & Toubro Infotech Limited |
Health Insurance | Aditya Birla Health Insurance Company Limited, Care Health Insurance Limited, ManipalCigna Health Insurance Company Limited |
Other | Finsall Resources Private Limited, Reliance Industries Limited |
Note: Candidates can refer to the official website for more information on NIA Pune placements.
Particulars | Statistics |
---|---|
First year total students intake | 120 |
Total students admitted | 92 |
Total Graduated Students | 92 |
Total Placed Students | 92 |
Placement Percentage | 100 |
Median Salary | 8.50 L |
Hello Dimple,
Congratulations on your score, and would like to tell you that since you are applying for the school, for the Management studies.
These exams are held once a year and it is very important to be sure as to which college you want to apply for after the exams.
Thus I would recommend you to please visit our website, where there is a detailed description of all the major courses offered by the colleges and which one would be best for you.
https://bschool.careers360.com/pathfinder/cmat
NIA provides dual expertise to the PGDM students; one in Insurance and the other in management.
Eligibility
A graduation degree or equivalent from any recognized Indian/foreign university with a minimum of 50% for General and 45% for SC/ST/DA Category. Students appearing for final year can apply subject to completion of their examination requirements by June 30, 2018.
Selection Based on
1. Upper age limit is 28 years for General, OBC-NC and 30 years for SC/ST/DA category as on 1st July 2018.
2. NIA has adopted Reservation Policy in admissions as per Central Government Rules applicable to Academic Institutions like IITs and IIMs.
3. Weightage of Selection Parameters for Final Selection
i. Past Academic Record : 20%
ii. Performance in CAT / CMAT : 50 %
iii. Performance in GD/PI : 30% (GD :10marks + PI :20marks = 30marks)
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 create best talent for the service of insurance in India. It was formed with the help of department of Finance Government of India, National insurance company, Oriental insurance company, and life insurance company.
This will help.
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