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National Insurance Academy Pune
NIA
Type
Public Education and Research Institution
Established
1980
Director
Dr. Tarun Agarwal
Postgraduates
120-PGDM
Location
Pune
,
Maharashtra
,
India
Campus
32 acres (0.13 km2)
Affiliations
Government of India
Website
[1]
The National Insurance Academy (NIA Pune also known as NIA) is situated in Pune, India. Founded in 1980 by the Finance Department of the Indian government with capital patronage from LIC and the public sector general insurance industry, NIA started MBA education as a lateral diversification in 2004 with Dr K C Mishra as the founder director and Dr R K Parchure a leading economist as an MBA Coordinator, who was replaced by Dr S D Totade. After the tenure of Dr K C Mishra, the academy had Dr. Prathap Oburai from IIM Ahmedabad as the new Director. During his stint here, Dr. Oburai had promised the students to elevate the academy to the top 10 B-Schools of India with strong international collaborations. NIA runs a PGDM course. It provides a dual specialization (Insurance + Finance/Marketing/HR/IT).
A main source of income for the academy is arranged by IRDA in the form of Broker's training and examination programs. Also, the MDP program for top executives of insurance companies is a major contributor to funds generated by NIA.
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