Versuchen GOLD - Frei
National Insurance Academy plans expansion to meet rising demand
Careers 360
|November 2024
The National Insurance Academy (NIA), now situated in Pune, was established jointly by the ministry of finance and all the major public sector undertakings (PSUs) in insurance. Originally a training institute for insurance industry professionals, it has been offering a postgraduate diploma in management (PGDM) since 2004 and has placed 100% of its students all through.
Sanjay Mali, principal of PGDM at NIA, spoke to Atul Krishna about the unique position of the institute in the insurance industry, its PGDM course, and its plans to increase student intake, course offerings and off-campus activities. Edited excerpts from the conversation
Q. Could you tell us a bit about the institute its history and how it came to be?
A. The journey of the National Insurance Academy is very different. It came to be when the ministry of finance and Government of India decided that there should be a training institute for executives in the insurance sector. That's how the institute was started. But later on, realising that the infrastructure was available, they started the PGDM programme in 2004. The main purpose was to provide education, training and research in the field of insurance.
This institute was set up by all the PSUs Life Insurance Corporation, New India Insurance, Oriental Insurance. So right from the beginning, this PGDM programme had the backing of the industry. If you look at the governing board of the institute, the chairperson of LIC is the chairperson of our governing board.
Q. How many students do you have? And how much do you charge?
A. The last two years, we had an intake capacity of 180. But from this year, we will have 120 students. This is because we are considering the introduction of some programmes that are in the pipeline. So, we decided to keep it to 120 right now.
Regarding the fees, we have not increased it in the last four or five years. Currently, it is Rs 12 lakh for the two-year programme, including hostel facilities.
Q. Which courses are in the pipeline?
Diese Geschichte stammt aus der November 2024-Ausgabe von Careers 360.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Careers 360
Careers 360
A Life Lived on Her Own Terms
A tribute to Armaity Desai - teacher, mentor, changemaker, and a life well lived
7 mins
November 2025
Careers 360
'Tech has automated tasks, not trust'
Management education in India is undergoing a steady transformation. Classrooms that once focused mainly on lectures and case studies are now becoming spaces for experimentation, digital learning, and skill building. Himadri Das, director general of International Management Institute (IMI), in an email interaction with Pritha Roy Choudhury, explains how business schools are preparing students for an AI-driven world, why emotional intelligence is more important than ever, and what future-ready management education truly means. Edited excerpts:
3 mins
November 2025
Careers 360
'B-schools' applied knowledge creation must get due credit in rankings'
Great Lakes Institute of Management, Chennai, has updated its one-year PGPM and the two-year programme has seen applications nearly double in four years. Chief operating officer, Gautam Lakhamraju explains how Great Lakes has “moved management education from being content-heavy to context-driven\", the latest trends in placements and what NIRF needs to change for a fairer assessment of standalone B-schools, in an email exchange with Aeshwarya Tiwari. Edited excerpts:
6 mins
November 2025
Careers 360
ICAR PhD stipend to be hiked
The Indian Council of Agricultural Research (ICAR) has decided to hike the institute fellowship for PhD students at its four agriculture deemed universities and make it uniform across the institutes.
1 min
November 2025
Careers 360
Incubation centres, govt schemes boost student entrepreneurship
While student startups struggle with funding, B-school incubators and government schemes are helping get ideas off the ground with both seed-funding and mentorship
4 mins
November 2025
Careers 360
Learning leadership
Management programmes are increasingly leaning toward creating leaders, rather than just managers
2 mins
November 2025
Careers 360
India's original data science institute faces crisis
ISI Kolkata community is seeking intervention of MPs, West Bengal government and academics to stop systemic 'dismantling'; 1,800 sign petition to MoSPI
6 mins
November 2025
Careers 360
New tech programmes
Indian Institute of Technology (IIT) Gandhinagar has launched three different six-month fully-residential tech postgraduate diploma programmes.
1 min
November 2025
Careers 360
'AI literacy: Key differentiator for MBA graduates'
Management education must now venture into emerging areas like agriculture and agri-tech, especially in the context of climate change and sustainability, said professor Ajit Parulekar, director of the Goa Institute of Management, during an interview with Shradha Chettri. He also highlighted how proficiency in AI and related technological tools has become a universal expectation from recruiters. Edited excerpts from the conversation:
5 mins
November 2025
Careers 360
Why B-school salaries hit a standstill
After years of steady growth, India's top B-schools – including IIMs – face stagnant, falling median salaries as AI layoffs, cautious hiring, and market slowdown reshape campus recruitment
5 mins
November 2025
Listen
Translate
Change font size