Pune: National Insurance Academy (NIA), Pune, celebrated the Convocation Ceremony for its flagship PGDM Batch 2024–26 on Thursday, October 1, 2026, at the Convention Centre inside its 32-acre Balewadi campus. Alongside celebrating 100% placement success for the outgoing batch, NIA Pune officially opened online applications for its AICTE-approved, NBA-accredited Post Graduate Diploma in Management (PGDM) programs for the 2027–29 batch.
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NIA Pune PGDM Convocation 2024–26 Highlights
The graduation ceremony was chaired by Mr. Parmod Kumar Arora, Retired Member Actuary, Insurance Regulatory and Development Authority of India (IRDAI), who served as the Chief Guest.
Pune: The Director and faculty of National Insurance Academy (NIA), Pune, celebrates the Convocation Ceremony for its PGDM (Equivalence to an MBA) Batch 2024–26 on Thursday, Oct 1, 2026. The event took place at the Convention Centre inside the NIA Campus in Balewadi, Pune.
The ceremony was graced by Mr. Parmod Kumar Arora, Retired Member Actuary, Insurance Regulatory and Development Authority of India (IRDAI), Hyderabad, who served as the Chief Guest for the occasion.
National Insurance Academy (NIA) Pune PGDM Admission 2027-29
Key Highlights
- Welcome Address: Mr. B. C. Patnaik, Director of NIA, delivered the welcome address.
- Annual Progress Report: Dr. Komal Singh, Principal–PGDM, presented the annual progress updates detailing the academic and institutional achievements of the batch.
- Chief Guest Address: Chief Guest Mr. Parmod Kumar Arora addressed the graduating students, sharing insights into the insurance and risk management landscape.
- Conferring Diplomas: The event saw the distribution of diplomas, medals, and certificates to the graduating students of the 2024–26 batch.
- Vote of Thanks: Ms. Hemlata Kolekar, Controller of Examination (COE)
NIA Pune PGDM Placements 2026: Key Metrics & ROI Analysis
NIA Pune recorded 100% placement for its graduating PGDM batch with participation from 31 top recruiters spanning Insurance majors, InsurTech startups, specialized tech consultancies, and financial risk institutions.
READ: NIA Pune Placement 2026: Highest CTC 38.18 LPA; 50 PPOs Received
| Placement Metric | Figures (PGDM 2024–26) |
| Highest CTC | ₹38.18 LPA |
| Average CTC | ₹12.17 LPA |
| Top 10% Average CTC | ₹18.92 LPA |
| Top 25% Average CTC | ₹16.50 LPA |
| Top 50% Average CTC | ₹14.51 LPA |
| Pre-Placement Offers
(PPOs) |
50 Offers Received |
NIA Pune PGDM Admission 2027: Seat Intake & Cutoffs
NIA Pune offers specialized management programs blending 55% core management disciplines (Finance, HR, Marketing, Analytics) with 45% domain specialization in Risk, Insurance, Reinsurance, and FinTech.
From Manpower Supplier to Skill Superpower: Why India Must Invest in Merit ~ Prof B C Patnaik Director NIA Pune
Sanctioned Seat Intake
- PGDM (Insurance & Risk Management): 180 Seats (AIU Equivalent to MBA)
- PGDM (Technology Management): 60 Seat
Expected Category-Wise Entrance Exam Cutoffs
| Category | CAT 2026 Percentile | XAT 2027 Percentile | CMAT 2027 Percentile |
| General / EWS | 75 | 80 | 95 |
| NC-OBC / SC / ST / PwD | 70 | 75 | 90 |
Fee Structure & Eligibility Criteria
- Program Tuition & Academic Fee: ₹12,00,000 for 2 years.
- Hostel & Boarding Fee: ₹2,00,000 (First-year compulsory residential requirement).
- Academic Eligibility: Bachelor’s degree in any discipline with a minimum 50% aggregate score (45% for SC/ST/PwD). Note: PGDM (Technology Management) prefers candidates with B.Tech, BCA, or B.Sc IT backgrounds.
- Age Limit: Maximum 28 years for General/EWS/OBC-NC candidates; 30 years for SC/ST/PwD as of July 1, 2027.
- Selection Criteria Weightage
- Entrance Exam Score (CAT/XAT/CMAT): 50%
- Personal Interview (PI): 20%
- Group Discussion (GD): 15%
- Past Academic Record: 10%
- Work Experience: 5%
