Admission Brochure - National Insurance Academy

ALUMINI SPEAK
Batch: 2004-2006
Current Company: AETINS Sdn Bhd Malaysia
Email id: [email protected]
Phone no: (603) 22614010
Self-monitoring, intellectual curiosity, professionalism and confidence are some of the traits which I
JITIN GIRDHAR
inherited from our alma mater which has led me to a place where I can manage the entire department for the
development of one of the world's most advanced insurance software application. I am proud to say I am an
POST GRADUATE DIPLOMA IN MANAGEMENT
AlumNIA
2015 - 2017
(AICTE Approved)
Batch: 2012-2014
Current Company: Assistant Manager – Reinsurance (Property), General Insurance Corporation of India
Email id: [email protected]
Phone no: +91 86989 82191
MBA Equivalence granted by
Association of Indian Universities (AIU)
“National Insurance Academy’s 2 year post graduate program is one of the most prestigious and one of its kind courses
offered in India. The curriculum not only imparts theoretical knowledge but also provides tremendous industrial
exposure to the students. Industry centered projects, guest lectures and interactions with the Insurance industry leaders
SIDDHARTHA GUHA
are regular features of the program. With NIA’s culture of student driven activities, seminars and conferences with an
international outreach are organized and managed by the students under the encouraging guidance of the faculty
providing the students ample opportunity to improve as well as hone their management faculties.
NIA’s eminent alumni and their achievements speak for themselves. This program develops and nurtures in you the
required skill set and acumen to excel as the industry’s fore runners of tomorrow. “
Batch: 2004-2006
Current Company: Reserve Bank of India
Email id: [email protected]
Phone no: 90080 02918
corporate world. What made it more special was that ours was the 1st batch and everything right from the
curriculum to the teaching methodology to the programme structure was being tested and a challenge in
many ways for the institute and we students. At the end all of us made it through the journey with flying
colours and it is quite evident with the name that the institute and its students have carved for ourselves in
the financial sector and other dependent sectors."
[email protected]
"The journey of 2 years in the institute surely helped me in grooming myself to be ready for the challenges in
S. VINAY KUMAR
Information Brochure
For Details Contact: 020-27204000
25, Balewadi, Baner Road, NIA PO, Pune - 411 045. India.
Tel.: +91-020-27204000/4444
Email: [email protected]
Website: www.niapune.com
ABOUT NIA
National Insurance Academy was established in the year 1980 under the joint aegis of Ministry of Finance (Government of India),LIC, GIC of
India and Public sector insurance companies. It is the prime destination for Education, Research, Training, Consultancy, Leadership
Development and Publication in Insurance Pension and Risk Management in the Asia Pacific region.
A major activity at National Insurance Academy, Pune has been designing, developing and conducting innovative Management
Development Programmes (MDPs) for professionalizing management in India.
The Post Graduate Programme started in 2004 with specialization in Insurance & Management, is a blend of technical competence in
insurance, proactively seeking knowledge ability, creative problem solving approach with managerial foresight to meet the growing needs
of today's business world. It inculcates human values and professional ethics in the students through a fine tuned curriculum that balances
academic rigour with co-curricular and extra-curricular activities. Our PGDM programme is Equivalent to MBA approved by AIU
(Association of Indian universities)
VISION
"NIA to be a global institution of excellence in learning and research in Insurance, Pension and allied areas."
MISSION
To build capacities in the management of Insurance, Pension and allied sectors.
To create a stream of young talent for the Insurance, Pension and allied sectors.
To provide strategic approaches in the Management of Insurance, Pension and allied sectors.
National Insurance Academy (NIA) was constituted in 1980 jointly by Ministry of Finance, Government of
India and all public sector insurance companies. NIA is a premier institution in the field of education, training
and research in insurance, pension and allied areas. NIA has been conducting Management Development
Programmes, seminars and workshops for development of knowledge and skills of executives working in
the insurance industry since the year 1981.
To undertake and create an ambience for policy research in Insurance, Pension and allied sectors.
To promote learning: education and training in Insurance, Pension and allied sectors.
With the opening up of insurance sector in the year 2000, there has been a tremendous demand of skilled
professionals in Insurance, Risk Management, Actuarial Sciences and Social Sector Enterprise. NIA aims at
meeting this demand through its insurance specialized Post Graduate Diploma in Management (PGDM)
course with a comprehensive curriculum in Insurance and management ( AICTE approved). This two year
full time residential PGDM course is designed to fulfil the requirements of insurance industry. The
Academy’s close association with Indian Insurance industry has provided much needed ‘real life’ reference
to its pedagogy and ensured that management thinking remains infused with practical relevance. The
enviable record of placements of the students with reputed employers is a testimony of the quality of the
PGDM programme offered by the Academy.
NIA offers its students various opportunities to participate and excel in several academic, co-curricular
activities and also provides broader exposure through workshops and seminars. NIA lays great importance
on all round personality development of its students. The environment at the Academy encourages and
facilitates the students to change themselves at every stage. NIA provides its students a platform to
recognize their strength and inherent potential and aims at realizing it to its fullest.
The sprawling campus of NIA spread over approx. 32 acres along with latest facilities available in teaching
and extra-curricular activities including a state-of-the-art gymnasium and swimming pool and a wellequipped hostel accommodation, is an ideal institution for students serious in pursuing their career in
Insurance, Pension and Management.
ABOUT NIA
National Insurance Academy was established in the year 1980 under the joint aegis of Ministry of Finance (Government of India),LIC, GIC of
India and Public sector insurance companies. It is the prime destination for Education, Research, Training, Consultancy, Leadership
Development and Publication in Insurance Pension and Risk Management in the Asia Pacific region.
A major activity at National Insurance Academy, Pune has been designing, developing and conducting innovative Management
Development Programmes (MDPs) for professionalizing management in India.
The Post Graduate Programme started in 2004 with specialization in Insurance & Management, is a blend of technical competence in
insurance, proactively seeking knowledge ability, creative problem solving approach with managerial foresight to meet the growing needs
of today's business world. It inculcates human values and professional ethics in the students through a fine tuned curriculum that balances
academic rigour with co-curricular and extra-curricular activities. Our PGDM programme is Equivalent to MBA approved by AIU
(Association of Indian universities)
VISION
"NIA to be a global institution of excellence in learning and research in Insurance, Pension and allied areas."
MISSION
To build capacities in the management of Insurance, Pension and allied sectors.
To create a stream of young talent for the Insurance, Pension and allied sectors.
To provide strategic approaches in the Management of Insurance, Pension and allied sectors.
National Insurance Academy (NIA) was constituted in 1980 jointly by Ministry of Finance, Government of
India and all public sector insurance companies. NIA is a premier institution in the field of education, training
and research in insurance, pension and allied areas. NIA has been conducting Management Development
Programmes, seminars and workshops for development of knowledge and skills of executives working in
the insurance industry since the year 1981.
To undertake and create an ambience for policy research in Insurance, Pension and allied sectors.
To promote learning: education and training in Insurance, Pension and allied sectors.
With the opening up of insurance sector in the year 2000, there has been a tremendous demand of skilled
professionals in Insurance, Risk Management, Actuarial Sciences and Social Sector Enterprise. NIA aims at
meeting this demand through its insurance specialized Post Graduate Diploma in Management (PGDM)
course with a comprehensive curriculum in Insurance and management ( AICTE approved). This two year
full time residential PGDM course is designed to fulfil the requirements of insurance industry. The
Academy’s close association with Indian Insurance industry has provided much needed ‘real life’ reference
to its pedagogy and ensured that management thinking remains infused with practical relevance. The
enviable record of placements of the students with reputed employers is a testimony of the quality of the
PGDM programme offered by the Academy.
NIA offers its students various opportunities to participate and excel in several academic, co-curricular
activities and also provides broader exposure through workshops and seminars. NIA lays great importance
on all round personality development of its students. The environment at the Academy encourages and
facilitates the students to change themselves at every stage. NIA provides its students a platform to
recognize their strength and inherent potential and aims at realizing it to its fullest.
The sprawling campus of NIA spread over approx. 32 acres along with latest facilities available in teaching
and extra-curricular activities including a state-of-the-art gymnasium and swimming pool and a wellequipped hostel accommodation, is an ideal institution for students serious in pursuing their career in
Insurance, Pension and Management.
ADMISSION AND ACADEMICS
Advantages @ NIA
PGDM programme offered by NIA is recognized as equivalent to MBA degree by Association of Indian Universities (AIU) for purpose of higher
ELIGIBILITY
The candidate must hold a Bachelor's degree in any discipline with a minimum of 50% marks obtained in the Bachelor degree examination.
education/Research
Students of NIA on completion of PGDM have exemption in Associateship examination conducted by Insurance Institute of India.
The program provides practical exposure along with interactions with CEOs of insurance companies, Regulators and other professional bodies.
Students appearing for final year can apply subject to declaration of their examination by June 30, 2015.
Academy has received accreditation of the Institute for Global Insurance Education.
NIA will follow Reservation policy as per the provisions of the Indian constitution.
Have affiliation with international bodies like CPCU (USA), CII (LONDON) and the Canadian Institute of Insurance.
SELECTION PROCEDURE
YEAR
AVERAGE (Rs.) HIGHEST (Rs.)
Selection to NIA is a process based on the following steps :
2010-2012
6.55 lacs
10.86 lacs
Past academic record
2011-2013
6.00 lacs
9.68 lacs
Performance in CAT 2014, and CMAT (SEP 2014 & FEB 2015)
2012-2014
6.11 lacs
8.75 lacs
Recruiters
Last date for submitting filled up admission form is 31st March 2015.
Since inception NIA has had a 100% placement record. Most of the insurance and
reinsurance companies, MNC brokers, financial firms and IT companies recruit
students from NIA.
Dignitaries addressed to PGDM Students :
Performance in GD and personal interview
IMPORTANT DATES
Placement
Mr. N.M.Govardhan, Ex-Chairman IRDA, Ex-Chairman LIC
New India Assurance Company, National
Mr. Dhananjay Date, MD, Swiss Re India Ltd.
Insurance, United India, Oriental Insurance
Mr. S.S. Gopalaratnam, CEO, Chola MS General Insurance Co. Ltd.
Company, GIC, Tata AIG, Bajaj Allianz, ICICI, ,
Prof. G. Ramesh, IIM-Bangalore
Fee structure
SBI Life, Swiss Re, Cognizant, Accenture, IBM,
Dr. N C.S.R.Murthy, Senior Scientist, NRSC
Rs. 9,68,000/- for the entire programme. The fee structure comprises tuition fee, hostel fee (lodging as well as boarding) professional and
TCS, Milliman India, Syntel Ltd, Infosys, HCL,
Mr. Vinod Mehta, Insurance Domain Leader, IBM India Pvt. Ltd.
Aon Global, Edelweiss Tokyo, HDFC Ergo, GMR,
Ms. Lalita Ravindran, Head (Business Analysis Research & Innovation Services) Syntel
incidental expenditure on account of programme.
Academic Programme
NIA offers Two year Full time Post Graduate Diploma in Management (PGDM) which is divided into six trimesters of 3 months each and is
designed to train and groom the future managers. The course offers dual expertise in Insurance and Management with various electives like
BAI(Mauritius), Aetins(Malaysia), Nexus(Dubai)
Mr. U. Jawaharlal, Editor, IRDA Journal
and many more.
Mr. Anand Pejawar, Executive Director, SBI Life Insurance Company Ltd.
Mr. S.B. Mainak, Managing Director, Life Insurance Corporation of India
INFRASTRUCTURE / FACILITIES
(Marketing/Finance/HR/IT).
Academic Infrastructure
There are eight lecture halls equipped with computer, cordless mike systems and OHP/LCD projectors. In addition, there are eight syndicate
rooms to facilitate group discussions, case studies presentations and deliberations.
NIA Convention Centre
NIA also has a best in class auditorium with a seating capacity of 220 with excellent audio video system.
Hostel
The students hostel "Sarvapalli" has around 62 fully furnished rooms with a dining hall "ADOP" . For the
students who could not be accommodated in the campus hostel are being accommodated in a privately run
fully furnished hostel.
ADMISSION AND ACADEMICS
Advantages @ NIA
PGDM programme offered by NIA is recognized as equivalent to MBA degree by Association of Indian Universities (AIU) for purpose of higher
ELIGIBILITY
The candidate must hold a Bachelor's degree in any discipline with a minimum of 50% marks obtained in the Bachelor degree examination.
education/Research
Students of NIA on completion of PGDM have exemption in Associateship examination conducted by Insurance Institute of India.
The program provides practical exposure along with interactions with CEOs of insurance companies, Regulators and other professional bodies.
Students appearing for final year can apply subject to declaration of their examination by June 30, 2015.
Academy has received accreditation of the Institute for Global Insurance Education.
NIA will follow Reservation policy as per the provisions of the Indian constitution.
Have affiliation with international bodies like CPCU (USA), CII (LONDON) and the Canadian Institute of Insurance.
SELECTION PROCEDURE
YEAR
AVERAGE (Rs.) HIGHEST (Rs.)
Selection to NIA is a process based on the following steps :
2010-2012
6.55 lacs
10.86 lacs
Past academic record
2011-2013
6.00 lacs
9.68 lacs
Performance in CAT 2014, and CMAT (SEP 2014 & FEB 2015)
2012-2014
6.11 lacs
8.75 lacs
Recruiters
Last date for submitting filled up admission form is 31st March 2015.
Since inception NIA has had a 100% placement record. Most of the insurance and
reinsurance companies, MNC brokers, financial firms and IT companies recruit
students from NIA.
Dignitaries addressed to PGDM Students :
Performance in GD and personal interview
IMPORTANT DATES
Placement
Mr. N.M.Govardhan, Ex-Chairman IRDA, Ex-Chairman LIC
New India Assurance Company, National
Mr. Dhananjay Date, MD, Swiss Re India Ltd.
Insurance, United India, Oriental Insurance
Mr. S.S. Gopalaratnam, CEO, Chola MS General Insurance Co. Ltd.
Company, GIC, Tata AIG, Bajaj Allianz, ICICI, ,
Prof. G. Ramesh, IIM-Bangalore
Fee structure
SBI Life, Swiss Re, Cognizant, Accenture, IBM,
Dr. N C.S.R.Murthy, Senior Scientist, NRSC
Rs. 9,68,000/- for the entire programme. The fee structure comprises tuition fee, hostel fee (lodging as well as boarding) professional and
TCS, Milliman India, Syntel Ltd, Infosys, HCL,
Mr. Vinod Mehta, Insurance Domain Leader, IBM India Pvt. Ltd.
Aon Global, Edelweiss Tokyo, HDFC Ergo, GMR,
Ms. Lalita Ravindran, Head (Business Analysis Research & Innovation Services) Syntel
incidental expenditure on account of programme.
Academic Programme
NIA offers Two year Full time Post Graduate Diploma in Management (PGDM) which is divided into six trimesters of 3 months each and is
designed to train and groom the future managers. The course offers dual expertise in Insurance and Management with various electives like
BAI(Mauritius), Aetins(Malaysia), Nexus(Dubai)
Mr. U. Jawaharlal, Editor, IRDA Journal
and many more.
Mr. Anand Pejawar, Executive Director, SBI Life Insurance Company Ltd.
Mr. S.B. Mainak, Managing Director, Life Insurance Corporation of India
INFRASTRUCTURE / FACILITIES
(Marketing/Finance/HR/IT).
Academic Infrastructure
There are eight lecture halls equipped with computer, cordless mike systems and OHP/LCD projectors. In addition, there are eight syndicate
rooms to facilitate group discussions, case studies presentations and deliberations.
NIA Convention Centre
NIA also has a best in class auditorium with a seating capacity of 220 with excellent audio video system.
Hostel
The students hostel "Sarvapalli" has around 62 fully furnished rooms with a dining hall "ADOP" . For the
students who could not be accommodated in the campus hostel are being accommodated in a privately run
fully furnished hostel.
Bank and Post Facilities
Bank of Maharashtra and NIA Post Office are located near the main gate of the campus for banking (forex services also available) and postal
ALUMINI SPEAK
needs.
Jogging Track and GIC Pathway
The 1.5 kms jogging track encircling the campus is a wonderful way to breathe fresh air and hear chirping of birds. The GIC Pathway close to
sporting complex is a water-fed pathway with gravel for acupressure therapy.
Batch: 2011-2013
Sports and Recreation
Current Company: Bajaj Allianz General Insurance
The multipurpose sporting complex has facilities for badminton, table tennis, swimming, billiards, basket ball, state-of-the-art-gymnasium,
Email id: [email protected]
Phone no: 9765981438
sauna, Jacuzzi. There is a ground for playing cricket and football too.
NIKHITA RAO
"Entering a niche and technical field such as Insurance can be a daunting task. The skill set demands are
NIA Library
extensive and extremely specific. No other institution can empower you for this field as well as National
NIA Library is fully equipped to quench the thirst for knowledge of the future leaders of the Insurance industry. It is one of the finest
Insurance Academy. Even after passing out this Academy remains with you, with its erudite faculty, its
libraries in India having the choicest collection of books both in life and non-life insurance areas. The reading room of this library boasts of
eminent alumni, its history and long standing traditions guiding you every step of the way. You are
almost all national and international journals in insurance, Actuarial Science, Pensions and related areas including journals for general
recognized as the product of a premier educational institution and needless to say, this is a proud distinction
awareness and entertainment. A variety of the research publications add further value to this already rich knowledge bank.
to hold."
RESOURCES
TOTAL COLLECTION
Books
23615
Periodicals
4000
Audio / Video CDs
119
Database (J-Gate, Proquest, J-Store)
3
Online journals
32
Ph.D. Thesis
18
Newspaper
1414
Computer Centre and Wi-Fi
Batch: 2010-2012
Current Company: Bajaj Allianz General Insurance
Email id: [email protected]
Phone no: 9975198434
NIA has a Windows based LAN, connected to 400 Pentium terminals spread all over the establishments. The Academy has 3 classrooms for
If Insurance is the career you are looking for, there is no better place in this country than “National
IT training having 120 terminals offering facilities like electronic mail, internet browsing.
Insurance Academy”. Your efforts are well recognised with resources in abundance for you to build
MD SARFARAZ ALI SHAH
yourself over the next 2 years. The depth of knowledge I received from the program is unmatched. The
encouragement to succeed and the spirit of competition which impels me to be the best have been instilled
in me for a lifetime.
Batch: 2009-2011
Current Company: Currently pursuing CFA at USA
Email id: [email protected]
Phone no: +1(408)-693-8781
MITRA
UMAMAHESHWARAN
NIA is an institution which provides holistic education as well as grooms students to face big corporate
institutions. Two years at NIASoM helps student to better understand Insurance and management not only
through textbooks but through various seminars, workshops and field trips. Since NIA has always had a
mixed bag of students from various fields and work experience, it made it a fun place to learn new things.
Apart from textbooks, organising events like Insurance Summit, HR Summit , Manthan and also Inter as well
as Intra cultural activities never makes NIA a dull place. Mowgli tables has a history of creating long lasting
Dr. Kotnis Clinic
NIA also has a clinic with a resident medical officer to treat the students and campus residents during ailments and emergencies.
friendship which is spread all around the world. I can vouch for my batch, we really had the best times of our
life. I welcome you to the NIA family and wish you luck.
Bank and Post Facilities
Bank of Maharashtra and NIA Post Office are located near the main gate of the campus for banking (forex services also available) and postal
ALUMINI SPEAK
needs.
Jogging Track and GIC Pathway
The 1.5 kms jogging track encircling the campus is a wonderful way to breathe fresh air and hear chirping of birds. The GIC Pathway close to
sporting complex is a water-fed pathway with gravel for acupressure therapy.
Batch: 2011-2013
Sports and Recreation
Current Company: Bajaj Allianz General Insurance
The multipurpose sporting complex has facilities for badminton, table tennis, swimming, billiards, basket ball, state-of-the-art-gymnasium,
Email id: [email protected]
Phone no: 9765981438
sauna, Jacuzzi. There is a ground for playing cricket and football too.
NIKHITA RAO
"Entering a niche and technical field such as Insurance can be a daunting task. The skill set demands are
NIA Library
extensive and extremely specific. No other institution can empower you for this field as well as National
NIA Library is fully equipped to quench the thirst for knowledge of the future leaders of the Insurance industry. It is one of the finest
Insurance Academy. Even after passing out this Academy remains with you, with its erudite faculty, its
libraries in India having the choicest collection of books both in life and non-life insurance areas. The reading room of this library boasts of
eminent alumni, its history and long standing traditions guiding you every step of the way. You are
almost all national and international journals in insurance, Actuarial Science, Pensions and related areas including journals for general
recognized as the product of a premier educational institution and needless to say, this is a proud distinction
awareness and entertainment. A variety of the research publications add further value to this already rich knowledge bank.
to hold."
RESOURCES
TOTAL COLLECTION
Books
23615
Periodicals
4000
Audio / Video CDs
119
Database (J-Gate, Proquest, J-Store)
3
Online journals
32
Ph.D. Thesis
18
Newspaper
1414
Computer Centre and Wi-Fi
Batch: 2010-2012
Current Company: Bajaj Allianz General Insurance
Email id: [email protected]
Phone no: 9975198434
NIA has a Windows based LAN, connected to 400 Pentium terminals spread all over the establishments. The Academy has 3 classrooms for
If Insurance is the career you are looking for, there is no better place in this country than “National
IT training having 120 terminals offering facilities like electronic mail, internet browsing.
Insurance Academy”. Your efforts are well recognised with resources in abundance for you to build
MD SARFARAZ ALI SHAH
yourself over the next 2 years. The depth of knowledge I received from the program is unmatched. The
encouragement to succeed and the spirit of competition which impels me to be the best have been instilled
in me for a lifetime.
Batch: 2009-2011
Current Company: Currently pursuing CFA at USA
Email id: [email protected]
Phone no: +1(408)-693-8781
MITRA
UMAMAHESHWARAN
NIA is an institution which provides holistic education as well as grooms students to face big corporate
institutions. Two years at NIASoM helps student to better understand Insurance and management not only
through textbooks but through various seminars, workshops and field trips. Since NIA has always had a
mixed bag of students from various fields and work experience, it made it a fun place to learn new things.
Apart from textbooks, organising events like Insurance Summit, HR Summit , Manthan and also Inter as well
as Intra cultural activities never makes NIA a dull place. Mowgli tables has a history of creating long lasting
Dr. Kotnis Clinic
NIA also has a clinic with a resident medical officer to treat the students and campus residents during ailments and emergencies.
friendship which is spread all around the world. I can vouch for my batch, we really had the best times of our
life. I welcome you to the NIA family and wish you luck.
ALUMINI SPEAK
Batch: 2004-2006
Current Company: AETINS Sdn Bhd Malaysia
Email id: [email protected]
Phone no: (603) 22614010
Self-monitoring, intellectual curiosity, professionalism and confidence are some of the traits which I
JITIN GIRDHAR
inherited from our alma mater which has led me to a place where I can manage the entire department for the
development of one of the world's most advanced insurance software application. I am proud to say I am an
POST GRADUATE DIPLOMA IN MANAGEMENT
AlumNIA
2015 - 2017
(AICTE Approved)
Batch: 2012-2014
Current Company: Assistant Manager – Reinsurance (Property), General Insurance Corporation of India
Email id: [email protected]
Phone no: +91 86989 82191
MBA Equivalence granted by
Association of Indian Universities (AIU)
“National Insurance Academy’s 2 year post graduate program is one of the most prestigious and one of its kind courses
offered in India. The curriculum not only imparts theoretical knowledge but also provides tremendous industrial
exposure to the students. Industry centered projects, guest lectures and interactions with the Insurance industry leaders
SIDDHARTHA GUHA
are regular features of the program. With NIA’s culture of student driven activities, seminars and conferences with an
international outreach are organized and managed by the students under the encouraging guidance of the faculty
providing the students ample opportunity to improve as well as hone their management faculties.
NIA’s eminent alumni and their achievements speak for themselves. This program develops and nurtures in you the
required skill set and acumen to excel as the industry’s fore runners of tomorrow. “
Batch: 2004-2006
Current Company: Reserve Bank of India
Email id: [email protected]
Phone no: 90080 02918
corporate world. What made it more special was that ours was the 1st batch and everything right from the
curriculum to the teaching methodology to the programme structure was being tested and a challenge in
many ways for the institute and we students. At the end all of us made it through the journey with flying
colours and it is quite evident with the name that the institute and its students have carved for ourselves in
the financial sector and other dependent sectors."
[email protected]
"The journey of 2 years in the institute surely helped me in grooming myself to be ready for the challenges in
S. VINAY KUMAR
Information Brochure
For Details Contact: 020-27204000
25, Balewadi, Baner Road, NIA PO, Pune - 411 045. India.
Tel.: +91-020-27204000/4444
Email: [email protected]
Website: www.niapune.com