how is it for freshers?can i expct aprx 6 pkg being a fresher frm dfrnt bkgrnd? nd wat is the future growth in insurance?certifctns nd stds
Asked about National Insurance Academy- NIA - Post Graduate Diploma in Management (PGDM)
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2 Answers
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The package for freshers and experienced are almost same. Only IT companies differentiate between freshers and experienced. Out of 84 students in the recently placed batch, only 7 students received package less than 6lpa. The future of insurance in India is very bright as it is still an untapped market in India. There is a very huge growth potential for insurance in India.
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Freshers and those who having experience are considered equally by NIA. Those who having experience has a advantage over others depending on the respective company policy. The average package offered in NIA is around 6.91 l.p.a. Separate data for freshers is not available with me. Almost half of the batch is consists of students without any work experience. More than half of the batch is consists of engineers. Insurance is a promising sector and is expected to grow in line with the economy. You can pursue certifications like fellowship from Insurance Institute of India, Fellow of Institute of Actuaries, AICPCU, CII, LOMA etc. I would l...more
Similar Questions for you
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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