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
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Yes, the 2024 placement report for National Insurance Academy has been released. Check out the table below to know more:
Particulars | Placement Statistics (2024) |
|---|---|
Placement Rate | 100% |
Students Placed | 130 |
the highest Package | INR 22 LPA |
Average Package | INR 12.30 LPA |
PPO's Offered | 57 |
Companies Visited | 29 |
National Insurance Academy has an impressive placement report. The table below provides the placement statistics recorded during National Insurance Academy placements 2024:
Particulars | Placement Statistics (2024) |
|---|---|
Placement Rate | 100% |
Students Placed | 130 |
the highest Package | INR 22 LPA |
Average Package | INR 12.30 LPA |
PPO's Offered | 57 |
Companies Visited | 29 |
Yes, National Insurance Academy has good placements for BTech, BSc, MTech. The placement statistics for recent years are given in the table below:
Particulars | Placement Statistics (2021) | Placement Statistics (2022) | Placement Statistics (2024) |
|---|---|---|---|
Placement Rate | 100% | 100% | |
Students Placed | 92 | 98 | 130 |
the highest Package | INR 29.5 LPA | INR 18 LPA | INR 22 LPA |
Average Package | INR 10.3 LPA | INR 13 LPA | INR 12.30 LPA |
PPO’s Offered | 28 | 40 | 57 |
Companies Visited | 35 | 17 | 29 |
After completing a PGDM at the National Insurance Academy, students have various job opportunities in several fields, such as Investment Banker, Chief Financial Officer, Operations Manager, Asset Manager, etc. They can opt for a career in both the government and the private sector. Candidates can refer to the following list of some of the most popular PGDM careers:
Job Roles | Average Salary |
|---|---|
| Sales Manager | INR 2.2 LPA - INR 16 LPA |
| PR Manager | INR 2.7 LPA - INR 18 LPA |
| Data Scientist | INR 3.8 LPA - INR 28 LPA |
| Research Analyst | INR 1.8 LPA - INR 10 LPA |
| Public Relation Officer | INR 1 LPA - INR 7.6 LPA |
NOTE: The aforementioned data is as per the various sources. It is still subject to change.
NIA Pune has been ranked by a top-ranking body, namely NIRF. The ranking body validates NIA Pune on various parameters such as quality of education, research work, placement, etc. According to the said parameters, the ranking body has given the institute high ranks and scores. In 2023, the institute has secured the #114 position.
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