Post Graduate Diploma in Management [PGDM] (Insurance) From NIA Pune, Pune

Pune, Maharashtra Estd 1980 Public 0 Ranked 101 For MBA By NIRF 2023 +1 more

Post Graduate Diploma in Management [PGDM] (Insurance) Fees

943,000total fees
2 Years DiplomaOn CampusPost GraduationFull Time
Total Fees₹9.43 Lakhs

NIA Pune Post Graduate Diploma in Management [PGDM] (Insurance) Important Dates


Important Events

EventDate
CMAT Exam Date
May 04, 2024Upcoming
CMAT Result
May 31, 2024Tentative

Expired Events

EventDate
CAT 2023 Admit Card Date
Nov 07, 2023
CAT 2023 Exam Date
Nov 26, 2023
CAT 2023 Result Date
Jan 04, 2024

Important Events

EventDate
CMAT Exam Date
May 04, 2024Upcoming
CMAT Result
May 31, 2024Tentative

Expired Events

EventDate
CMAT Admit Card Date
Apr 08, 2024
CMAT Registration Timeline
Feb 13, 2024 - Mar 13, 2024

NIA Pune Post Graduate Diploma in Management [PGDM] (Insurance)  Ranking


NIA Pune Management ranking by NIRF is 101 out of 125 in India in 2023 and it was ranked 102 out of 125 in India in 2022
Management #101 out of 125 in India 2023 
#3rd in Pune
#10 in Maharashtra
Management #102 out of 125 in India 2022 
#3rd in Pune
#11 in Maharashtra

Course Details

NIA Pune PGDM Latest Update: NIA Pune PGDM admission 2024 has begun and the last date to apply is March 15, 2024XAT 2024 is scheduled for January 07, 2024.

NIA Pune PGDM Important Dates 2024

The important dates for PGDM admission at NIA Pune are as follows:

Event Date
Last Date to Apply for PGDM March 15, 2024
CAT 2023 Dates
CAT 2023 Admit Card Release November 07, 2023
CAT 2023 Exam  November 26, 2023 
CAT 2023 Answer Key and Response Sheet December 02, 2023
CAT 2023 Result December 21, 2023
CMAT Events
CMAT Registration Begins Second week of February 2024
CMAT Registration Last Date Second week of March 2024
CMAT 2024 Exam Date First week of May 2024
CMAT 2024 Answer Key Second week of May 2024
CMAT 2024 Result Last week of May 2024
CMAT 2024 Final Answer Key First week of June 2024
XAT Dates
XAT 2024 Registration July 15, 2023 - November 30, 2023
XAT 2024 Admit Card 1st Week of January 2024
XAT 2024 Exam January 07, 2024

NIA Pune PGDM Eligibility Criteria

  • The candidate who wishes to apply for the PGDM program must possess a Bachelor’s Degree or its equivalent in any discipline from a university recognized by UGC or the Association of Universities (AIU)
  • The minimum marks in the Bachelor’s Degree examination should be an aggregate of 50%.
  • The candidates must have qualified for CAT 2023 or XAT 2024 or CMAT 2024.
  • The age of the applicant shall not be more than 28 years for General & EWS/OBC-NC candidates and 30 years for SC/ST/DA candidates as of July 1, 2024. However, relaxation is given to Reserved Category applicants.
  • The candidates who are appearing in the final year examination of the qualifying degree are eligible to apply. This is only applicable if their examination process gets completed by June 30, 2024.

The minimum cutoff required to apply for NIA Pune PGDM is as follows:

CAT 2023 75 Percentile
XAT 2024 85 Percentile
CMAT 2024 95 Percentile

National Insurance Academy (NIA), Pune offers a full-time, residential PGDM programme for the duration of 2 years in the field of management.

  • The PGDM programme of NIA is approved by AICTE and is recognized as equivalent to an MBA by the Association of Indian Universities (AIU).
  • The minimum requirement to apply for the PGDM program at NIT Pune is a Bachelor’s Degree with a minimum of 50% aggregate marks.
  • NIA Pune has about 17 years of experience in conducting Management Courses.
  • The institute has offered 100% placements since its establishment.

NIA Pune PGDM Admission Procedure

Admissions for the PGDM programs will be made based on the guidelines of the National Insurance Academy (NIA).

  • The candidates are required to submit the application form online with the necessary documents.
  • The pre-selection of candidates will be based on the marks of the qualifying examination.
  • The selected candidates will be called for the Group Discussion, Written Ability Test, and Personal interview.
  • The final selection of the candidates will be based on their performance in GD, WAT, and PI.

How to apply?

  • Visit the NIA official website @ https://pgdm.niapune.org.in/
  • Click on the link Admission available at the Homepage.
  • On the next screen, click To register for PGDM Admissions 2024-26
  • Then the applicants are required to fill in the necessary details to register for the course.
  • Once registered, fill up the online application form and upload the necessary documents.
  • The applicants shall pay the application fees to proceed further.
  • After that, click on submit the application.
  • The applicants can also contact the admission cell, in case of any query related to admissions.

Check NIA Pune Admission

NIA Pune PGDM Course Details

The PGDM programs at NIA, Pune are offered in Management and Insurance for the duration of 2 years. The entire PGDM program of NIA is divided into 6 trimesters of 3 months each. The first 3 semesters strongly focus on the basic as well as practical knowledge of the program. The last three semesters are included with one elective subject each. The Trimester subjects offered are mentioned below:

Trimester I Fundamentals of Life Insurance & General Insurance
Fire Insurance
Laws & Regulations Governing Insurance
Principles of Marketing
Principles & Practices of Management
Individual & Group Behaviour
Quantitative Techniques
Economics
Trimester II Life Insurance Products and their Underwriting
Marine Cargo Insurance
Liability Insurance
Health Insurance
IT for Business Management
Organisational Theory & Design
Optimisation Techniques
Strategic Management
Legal Aspects of Business
Financial Accounting
Trimester III Actuarial Science in General Insurance
Motor Insurance
Reinsurance
Insurance Distribution Management
Business Research Methods
Advanced Excel for Data Analytics
Marketing Strategies
Non-credit Course in Business Communication
Financial Management
Trimester IV Engineering Insurance
Miscellaneous Insurance (including Cyber Insurance)
Agriculture & Rural Insurance
Managerial Economics
Disaster & Sustainability Management
Trimester V Actuarial Science in Life Insurance
Enterprise Risk Management
Annuities and Pensions
Insurance Accounting
Business Ethics & Corporate Governance
Trimester VI Marine Hull, Oil & Energy Insurance, Aviation Insurance
MRP & Evaluation

Apart from the above-mentioned curriculum, the institute offers one elective subject in the IV, V and VI Trimester. Also, there is a mandatory 8 weeks a summer internship which is to be completed by the students in the following sectors:

  • Public Sectors General Insurance Companies
  • Leading Insurance Companies in the Private Sector
  • Leading Insurance Brokers
  • Reputed IT services companies.

All the students also have to complete a major research project which starts in the IV term. Guidelines related to the project are provided to the students right before the commencement of the IV semester.

NIA Pune PGDM Fee Structure

The fee structure for PGDM courses is mentioned below:

Component Amount
Tuition Fees for 2 years INR 11 Lakhs
Hostel and Food charges for 2 years INR 3.50 Lakhs

NIA Pune PGDM Scholarships

NIA provides nine scholarships of amount INR 1 Lakh each to meritorious students, girl students, and eligible students belonging to a specified category that includes economically backward students.

NIA Pune PGDM Placements

Right from the year of establishment, NIA has been providing amazing campus placement. The placement record of the institute is excellent. The Institute focuses on providing 100% job opportunities to its students. Since 2014, many reputed companies have visited the institute to recruit students.

NIA Pune PGDM Placements
Highest Salary Package INR 22 LPA
Average Salary Package INR 12.50 LPA
Placement Percentage 100%
Top Recruiters Bajaj Allianz Life, Exide Life, SBI Life, Aditya Birla, Accenture, Cognizant, Infosys

NIA Pune PGDM FAQs

Ques. What type of relaxation in eligibility for admissions to NIA Pune PGDM is provided to the reserved category?

Ans. SC/ST/DA candidates shall acquire a minimum of 45% aggregate marks in the qualifying degree examination. Also, the reserved category candidates who are not more than 30 years old are also eligible to apply.

Ques. What are the core subjects of NIA, Pune PGDM General Insurance?

Ans. The General Insurance subjects include Fire, Marine, Engineering, and Aviation. However, Insurance subjects include some portion of Actuarial Science.

Ques. What type of companies visit NIA, Pune PGDM for campus placements?

Ans. NIA, Pune PGDM Top Recruiters are:
  • Private General Insurance and Life Insurance Companies
  • Insurance Brokers and Life Insurance Companies
  • IT, Financial Sector, Web Aggregator
  • Standalone Health Insurance Companies.

Ques. Is NIA, Pune a good college for an MBA?

Ans. National Insurance Academy (NIA) established by insurance companies with the governing board consisting of the chairman of LIC, GIC, and Public Sector Insurers provides quality education to those who are interested in insurance. NIA has experienced faculties who provide the best knowledge of Insurance and guidance to explore in-depth.

NIA not only teaches theoretical subjects but also exposes the students to the practical experience of the course. The best part is the opportunity to learn from various Guest Speakers hailing from top-notch companies in India that make students understand the relevance of academics in the industry.

Ques. What is the fee for the application form for admission to the NIA, Pune PGDM program?

Ans. The application fees for the 2 years NIA PGDM program is INR 1500. The applicants are required to pay the fees online via Debit Card, Credit Card, or Net Banking.

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Post Graduate Diploma in Management [PGDM] (Insurance) Comparison

NIA Pune
Reviews Rating
Cost To Study
Total Fees
943000 (2 Years )
Ranking
# Ranked 101/125 by NIRF Management Ranks
Highest Salary₹1800000
Average Salary₹1250000
General Course Details
Duration - 2 Years
Course Offered - Full Time
Total Seats - 180
Mode - Full Time
Degree Type - On Campus
Course Level - Post Graduation
Course Credential - Diploma
EligibilityGraduation with 50%

NIA Pune Courses & Ranking ReviewView All

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Post Graduate Diploma in Management [PGDM] (Insurance) (8) ×

8 Reviews found

SN
9.2 /10

Course Curriculum Overview:

Conventionally we have heard of MBA in finance HR, operation, and marketing but what the national insurance academy offers is MBA in insurance and risk management which is honestly an evergreen industry. At NIA they not only teach us the theory of the subject but expose us to the practicality of the same. They have experienced facilities that provided you with the best knowledge of insurance and guide you to explore in depth. The student ratio is girls 40 boys 60. In a year there are 3 trimesters exams which are held and a mix of different subjects both insurance and management.

placement: 10/10
college: 9/10
course: 10/10
hostel: 10/10
interview: 8/10
campus life: 8/10

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S
10.0 /10

Course Curriculum Overview:

I choose this course because insurance is a growing sector. Seeing the demand for insurance this course will really help students to achieve greater heights in the future. Also, NIA provides Dual Specialization. MBA in insurance+ management field you wanna go.

placement: 10/10
college: 10/10
course: 10/10
hostel: 10/10
interview: 10/10
internship: 10/10
campus life: 10/10

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AV
10.0 /10

Course Curriculum Overview:

The course curriculum consists of 51% syllabus of PGDM and 49% of Insurance. You will also have the option of selecting Finance, IT, Marketing, and HR as an elective in 2nd year of the course. Faculties here are from various top PSUs in the insurance sector like LIC, GIC, etc. The faculties are highly knowledgeable with almost 20 years of industry experience.

placement: 10/10
college: 10/10
course: 10/10
hostel: 10/10
interview: 10/10
internship: 10/10
campus life: 10/10

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Y
8.9 /10

Course Curriculum Overview:

The course Is divided into 2 years, with a trimester system. It includes insurance as well as management subjects, which becomes a good combo for us to get an overall view of the sector. Faculty members are industry veterans with vast experience.

placement: 10/10
college: 8/10
course: 9/10
hostel: 9/10
interview: 9/10
internship: 9/10
campus life: 8/10

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SP
9.7 /10

Course Curriculum Overview:

I had 2 years of experience in Insurance and as Insurance is the fastest growing industry that's why I selected this course NIA, Pune is the premier institute of Insurance. Most of the faculties are Ph.D. And bring with them huge work experience and Insurance knowledge.

placement: 10/10
college: 10/10
course: 10/10
hostel: 9/10
interview: 10/10
internship: 10/10
campus life: 9/10

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US
8.1 /10

Course Curriculum Overview:

The college is very particular about term exams and the difficulty level is moderate covering all the required syllabus to make us industry leaders. NIA follows a rigours trimester program that involves all the necessary management and insurance subjects.

placement: 8/10
college: 8/10
course: 9/10
hostel: 8/10
interview: 9/10
internship: 7/10
campus life: 8/10

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SS
9.0 /10

Course Curriculum Overview:

The curriculum is updated regularly. It is a mix of both insurance and management subjects. The faculty is extremely experienced. The subjects are thought via case studies, group discussions, site visits and guest lectures. There is relative grading in exams with 50% attributed to internal evaluation. The course is trimester based with 6 trimesters.

placement: 8/10
college: 9/10
course: 9/10
hostel: 9/10
interview: 9/10
internship: 9/10
campus life: 10/10

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MW
9.1 /10

Course Curriculum Overview:

I chose this course as Insurance is a sunrise industry that is currently growing at a very fast pace. The student ratio is also good and the faculty teached really well. Most of the faculties are having industry experience, which they share during the lectures also, it helps in getting real-life examples, which helps in understanding the course better.

placement: 10/10
college: 9/10
course: 9/10
hostel: 9/10
interview: 9/10
internship: 8/10
campus life: 10/10

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