Which college is more affordable for MBA/PGDM among National Insurance Academy- NIA and IMT Nagpur - Institute of Management Technology?
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1 Answer
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National Insurance Academy- NIA and IMT Nagpur - Institute of Management Technology both are renowned universities for MBA/PGDM. However, in terms of affordability, National Insurance Academy- NIA is a better option since the total tuition fee for National Insurance Academy- NIA is INR 1,100,000 and the total tuition fee for MBA/PGDM at IMT Nagpur - Institute of Management Technology is INR 1,427,000.
In the total fees that students generally end up paying the university or the college, various other components are also included, such as the exam fee, application fee, lab and other charges.
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National Insurance Academy offers a two-year full-time PGDM course. Candidates must complete graduation with at least 50% aggregate to apply for PGDM. Admission to the PGDM course is based on CAT, XAT or CMAT scores of the aspirants.
There are a total of 180 seats for PGDM at National Insurance Academy. Below is the category-wise seat reservation:
| Category | Quota Percentage | No. of Seats |
|---|---|---|
| Open | 50.50% | 91 |
| NC-OBC | 27% | 49 |
| SC | 15% | 27 |
| ST | 7.50% | 13 |
National Insurance Academy has specified upper age limit for PGDM. Candidates belonging to General, EWS, OBC-NC category must be 28 years old or below. The age limit for SC/ ST/ PwD candidates is 30 years as on July 1, 2026.
National Insurance Academy admissions are open. Candidates can apply till Mar 15, 2026 for admission. Aspirants must apply before the deadline to avoid rejection. Admissions at National Insurance Academy are entrance-based.
National Insurance Academy provides a scholarship of INR 1 Lacs each to meritorious, girl students and eligible students. Those belonging to the EWS category can also apply.
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