The top MBA colleges in Nagpur include names like the Institue of Management Technology (IMT) Nagpur, IIM Nagpur, and GH Raisoni College of Engineering. The city includes some of the best MBA colleges in Maharashtra which have also been ranked by top agencies like NIRF and India Today.
There are 69 MBA colleges in Nagpur, of which 56 are Private and 10 are Government colleges. The top 10 MBA colleges in Nagpur with MBA/PGDM course seats are mentioned below.
Rankings of top colleges in India are released every year by many ranking agencies. These colleges and universities are ranked on grounds of various parameters like the Perception of the University, Faculty Quality, Student-Teacher Ratio, Outreach and Inclusivity, Placements, etc.
Some of the top-ranking agencies are NIRF, Outlook, India Today, Economic Times, Business Today, etc. These agencies release various lists like Top MBA Colleges in India for different categories like private, government, ROI wise, etc. Mentioned below are the rankings for the top MBA colleges in Nagpur by many ranking agencies.
National Institutional Ranking Framework also known as NIRF is a methodology adopted by the Indian government to rank top Education institutions in India. NIRF ranks an Institute based on 5 different parameters. It is under the Ministry of Education. Every year NIRF publishes ranking lists of top Institutions in India for 8 different domains. NIRF is the most trustworthy and popular Ranking agency in India.
As mentioned above NIRF ranks a college based on 5 major parameters which carry different weightage to get a ranking. The following chart shows the weightage allocated to different parameters NIRF considers for ranking top colleges in India.
Check out the table below which enlists the top MBA colleges in Nagpur according to the latest NIRF Ranking 2023 with their NIRF score:
NIRF Ranking 2023 | College Name | NIRF Score |
---|---|---|
43 | Indian Institute of Management, Nagpur | 53.41 |
110 | IMT Nagpur - Institute of Management Technology | - |
Also, check IMT Nagpur Placements.
Business Today is a weekly Indian English-language news magazine published by Living Media India Limited. Every year, Business Today releases a list of the top Management colleges in India. The traditional ranking is based solely on objective data gathered from the B-Schools. However, the other rankings are based on a combination of secondary data and a perception survey of various stakeholders.
Listed below are the top MBA colleges in Nagpur, per Business Today rankings for 2023.
College/University Name | Business Today Ranking 2023 |
---|---|
IIM Nagpur | 24 |
IMT Nagpur | 44 |
CIBMRD Nagpur | 223 |
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Return on Investment or simply ROI is one of the most important parameters that one has to keep in mind while deciding on a college. Return on Investment tells us about the profitability of a college. It is the calculation of the amount of return (in terms of placement) we get on our investment (in terms of fees). Given below is a list of top MBA colleges in Nagpur ROI-wise.
Name of the College | Average Annual Fee (INR) | Average Placement Package (INR) |
---|---|---|
Indian Institute of Management | 10,00,000- 23,00,000 | 26.13 LPA |
Institute of Management Technology | 12,04,000 | 7.94 LPA |
JD College of Engineering and Management | 1,60,000 | - |
Shri Ramdeobaba College of Engineering and Management | 2,60,000- 2,95,000 | 2.3 to 7.5 LPA |
SIBM Pune - Symbiosis Institute of Business Management | 14,42,000 - 19,22,000 | 19.56 LPA |
Rashtrasant Tukadoji Maharaj Nagpur University | 11,62,000 - 2,40,000 | 3 LPA |
Department of Business Management - Nagpur University | 47,42,000 | 5.5 LPA |
*ROI Percentage={(Average Placement Package)/(Average Annual Fee)}*100%
CIBMRD Nagpur emerges as the best MBA institute in Nagpur in terms of Return on Investment. It offers a package of up to INR 6,00,000 but has a relatively cheaper fee of INR 1,03,385 compared to other colleges in Nagpur.
Click on the links below to check the cut-off list for MBA colleges in Nagpur. This table mentions all the cutoff lists released by various MBA colleges for the different national-level and state-level MBA entrance exams they accept.
College Name | Cutoff |
---|---|
IIM Nagpur | CAT Cutoff |
IMT Nagpur | CMAT, CAT, and XAT Cutoff |
Shri Ramdeobaba College of Engineering and Management | MAHCET Cutoff |
CIBMRD Nagpur | MAHCET Cutoff |
GH Raisoni College of Engineering | MAHCET Cutoff |
GH Raisoni School of Business Management | MAHCET Cutoff |
GH Raisoni Institute of Management and Research | MAHCET Cutoff |
GS College of Commerce and Economics | MAHCET Cutoff |
Nagpur Institute of Technology | MAHCET Cutoff |
Tirpude Institute of Management Education (TIME) | MAHCET Cutoff |
Tabulated below is the list of the best private MBA colleges in Nagpur along with their fee structure.
College Name | Average Fee (INR) |
---|---|
IMT Nagpur - Institute of Management Technology | 14,00,000 |
JD College of Engineering and Management | 1,60,000 |
Shri Ramdeobaba College of Engineering and Management | 2,16,000 |
SIBM Pune - Symbiosis Institute of Business Management | 13,20,000 |
G H Raisoni Institute of Management and Research, Nagpur | 1,68,000 |
Tabulated below is the list of best public MBA colleges in Nagpur along with their fee structure.
College Name | Average Fees (INR) |
---|---|
IIM Nagpur - Indian Institute of Management | 9,50,000 |
Rashtrasant Tukadoji Maharaj Nagpur University | 47,710 |
Department of Business Management - Nagpur University | - |
A.B.M. College, Nagpur | - |
Dhananjayrao Gadgil Sahkari Prabandh Sansthan | - |
There are a total of 49 MBA colleges in Nagpur out of which 8 are public and 41 are private. The following chart shows their ratio.
Source: Official Survey
Admissions to these colleges are mainly made through top MBA entrance exams like CAT, XAT, GMAT, and CMAT. Some universities also give admissions based on state-level entrance exams like MAH CET. The table below shows the number of colleges in Nagpur accepting scores of different top entrance exams.
IMT Nagpur PGDM admission 2024 is open and the last date to apply is November 25, 2023. CAT 2023 Admit Card will be released on November 7, 2023 and the exam is scheduled for November 26, 2023. XAT 2024 registrations have started and the last date to apply is November 30, 2023, and the exam is scheduled for January 07, 2024.
IMT Nagpur has concluded its Placement Report for 2023 with 100% Placements. The Institute secured the highest package of INR 20.14 LPA and an average package of INR 10.81 LPA. The median package remained at INR 10 LPA. The maximum number of students were placed in the IT / ITES sector (37%). Some of the top recruiters included Capgemini, KPMG, Wipro, Cognizant, Barclays, Deloitte, E&Y, Schneider, etc.
Source: IMT Nagpur Official Website
The following graph represents the sector-wise placements for the batch 2022 at IMT Nagpur:
IIM Nagpur Executive MBA admission is ongoing and the last date to apply is November 3, 2023. CAT 2023 Admit Card will be released on November 7, 2023, and the exam is scheduled for November 26, 2023.
IIM Nagpur MBA admission 2024 will start with the onset of CAT 2023 registrations. IIM Nagpur MBA admissions 2024-26 are based on CAT 2023. IIM Nagpur CAT cut-off is 90 percentile overall and 65 percentile sectional. The candidates are further shortlisted for the Personal Interview.
IIM Nagpur Placements 2023 final report for MBA is released. The highest number of offers came from the ITES (33.33%) & BFSI (30.70%) sectors. Strategy & Consulting (18%), IT & Analytics (17%) & Operations Management (15%) were the major domains.
Admissions into the top MBA colleges in Nagpur are done mainly through entrance exams like CAT, MAH CET, XAT, CMAT, etc. Given below is a list of the exams and the colleges that accept their scores.
CAT stands for Common Admission Test. It is an online exam conducted for admission to postgraduate management programs in a majority of top MBA colleges in India.
The paper consists of multiple-choice questions and also has a provision for negative marking.
Some of the top MBA colleges in Nagpur accepting CAT scores are:
Dr. Ambedkar Institute of Management Studies and Research, Nagpur
GMAT stands for Graduate Management Admission Test. It is a computer-based test that tests analytical, quantitative, verbal, and reading skills required for admission into management colleges. GMAT score is valid for 5 years.
Some of the top MBA colleges in Nagpur accepting GMAT scores are:
SB Jain Institute of Technology Management and Research (SBJITMR), Nagpur
Also, Check,
Last year, the students witnessed recruiters visiting the top MBA colleges in Nagpur from both India and abroad, for the final placements as well as the summer internship program.
The average annual package offered ranged between INR 5,00,000-6,00,000.
Check details of Ramdeobaba College of MBA Nagpur Placement.
The chart below shows the CTCs offered by some of the top MBA colleges in Nagpur this year.
Source: Official Institute Websites
Your MBA specialization matters a lot when it comes to placements. Click on the links below to check the top MBA colleges in Nagpur specialization-wise.
Also, Check,
Ques. Which college is best for MBA in Nagpur?
Ans. The Institute of Management Technology (IMT), Nagpur, and the Indian Institute of Management (IIM), Nagpur are some of the top MBA colleges in Nagpur to pursue a management degree.
Ques. How many MBA colleges are there in Nagpur?
Ans. Nagpur has a total of 49 colleges, comprising 41 private and 8 public.
Ques. Which MBA college gives the best salary?
Ans. IIM Nagpur and IMT Nagpur offer some of the best MBA packages in Nagpur. The average package at IIM Nagpur this year was INR 12.35 lakh with the highest package being INR 19 lakh.
Ques. What is the cost of doing an MBA in Nagpur?
Ans. The average cost of doing an MBA in Nagpur can range anywhere between INR 1-10 lakh.
Ques. What is the CAT cut-off for top MBA colleges in Nagpur?
Ans. The average CAT cut-off in Nagpur MBA colleges stays somewhere around 85%ile.
Ques. What is the CMAT cut-off for top MBA colleges in Nagpur?
Ans. The CMAT cut-off in most colleges stays around 80%ile. Some colleges might ask for a different cutoff as it varies every year.
CD Rank | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
#1 | Institute of Management Technology - [IMT], Nagpur Nagpur, Maharashtra | ₹ 8,23,000MBA/PGDM- 1st Year FeesCompare Fees | ₹ 10,18,000Average Package₹ 20,14,000Highest PackageCompare Placement | #44th/272 in India 2023 + 3 More | |
#2 | G.S. College of Commerce and Economics, Nagpur Nagpur, Maharashtra | --MBA/PGDM | -- | 7 / 10 Based on 3 User ReviewsBest in Academics | #276th/281 in India 2022 More |
#3 | ₹ 1,01,950MBA/PGDM- 1st Year Fees | -- | #285th/292 in India 2020 More | ||
#4 | Indian Institute of Management - [IIMN], Nagpur Nagpur, Maharashtra | ₹ 18,90,000MBA/PGDM- Total FeesCompare Fees | ₹ 16,74,000Average Package₹ 64,00,000Highest PackageCompare Placement | 4.2 / 10 Based on 9 User ReviewsBest in Faculty | #24th/272 in India 2023 + 1 More |
CD Rank | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
#5 | Symbiosis Institute of Business management - [SIBM], Nagpur Nagpur, Maharashtra | ₹ 7,95,000MBA/PGDM- 1st Year Fees | ₹ 11,50,000Average Package₹ 18,00,000Highest Package | 4.3 / 10 Based on 1 User ReviewsBest in Faculty | -- |
#6 | Tirpude Institute of Management Education - [TIME], Nagpur Nagpur, Maharashtra | ₹ 1,16,840MBA/PGDM- 1st Year Fees | -- | 4.7 / 10 Based on 1 User ReviewsBest in Academics | #159th/200 in India 2024 More |
#7 | Dr. Ambedkar Institute Of Management Studies And Research -[DAIMSR], Nagpur Nagpur, Maharashtra | ₹ 1,11,725MBA/PGDM- 1st Year Fees | -- | 5 / 10 Based on 1 User ReviewsBest in Faculty | #110th/120 in India 2019 |
#8 | Datta Meghe Institute of Management Studies - [DMIMS], Nagpur Nagpur, Maharashtra | ₹ 1,35,334MBA/PGDM- 1st Year Fees | ₹ 5,50,000Average Package₹ 10,00,000Highest Package | -- |
CD Rank | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
#9 | G.H. Raisoni School of Business Management - [GHRSBM], Nagpur Nagpur, Maharashtra | ₹ 1,06,418MBA/PGDM- 1st Year Fees | ₹ 2,95,000Average Package₹ 3,50,000Highest Package | -- | |
#10 | Shantiniketan Business School - [SBS], Nagpur Nagpur, Maharashtra | ₹ 77,500MBA/PGDM- 1st Year Fees | -- | -- | -- |
#11 | Priyadarshini Lokmanya Tilak Institute of Management Studies & Research, Nagpur Nagpur, Maharashtra | ₹ 77,000MBA/PGDM- 1st Year Fees | -- | 4.5 / 10 Based on 1 User ReviewsBest in Academics | -- |
#12 | NIT Graduate School Of Management - [NITGSM], Nagpur Nagpur, Maharashtra | ₹ 90,000MBA/PGDM- 1st Year Fees | -- | -- | -- |
CD Rank | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
#13 | ₹ 1,18,000MBA/PGDM- 1st Year Fees | ₹ 3,60,000Average Package₹ 7,20,000Highest Package | 8.7 / 10 Based on 1 User ReviewsBest in Faculty | #223th/272 in India 2023 | |
#14 | School of Agri-Business Management, Nagpur Nagpur, Maharashtra | ₹ 60,800MBA/PGDM- 1st Year Fees | -- | -- | -- |
#15 | Dr. Sarvepalli Radhakrishnan College of Business Management - [DSRCBM], Nagpur Nagpur, Maharashtra | ₹ 1,23,471MBA/PGDM- 1st Year Fees | ₹ 2,20,000Average Package₹ 4,00,000Highest Package | -- | -- |
#16 | Real Institute of Management and Research - [RIMR], Nagpur Nagpur, Maharashtra | --MBA/PGDM | -- | -- |
CD Rank | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
#17 | G.H. Raisoni Institute of Management and Research - [GHRIMR], Nagpur Nagpur, Maharashtra | ₹ 80,418MBA/PGDM- 1st Year Fees | ₹ 5,40,000Average Package₹ 8,40,000Highest Package | -- | |
#18 | Dhananjayrao Gadgil Institute of Co-operative Management - [DGICM], Nagpur Nagpur, Maharashtra | ₹ 45,000MBA/PGDM- 1st Year Fees | ₹ 1,20,000Average Package₹ 3,00,000Highest Package | -- | -- |
#19 | Rashtrasant Tukadoji Maharaj Nagpur University - [RTMNU], Nagpur Nagpur, Maharashtra | ₹ 12,280MBA/PGDM- Total FeesCompare Fees | ₹ 9,00,000Highest PackageCompare Placement | 3.8 / 10 Based on 154 User ReviewsBest in Infrastructure | -- |
#20 | GH Raisoni College of Engineering - [GHRCE], Nagpur Nagpur, Maharashtra | ₹ 1,30,420MBA/PGDM- 1st Year FeesCompare Fees | ₹ 4,50,000Average Package₹ 17,50,000Highest PackageCompare Placement | 3.7 / 10 Based on 16 User ReviewsBest in Social Life | -- |
CD Rank | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
#21 | Shri Ramdeobaba College of Engineering and Management - [RCOEM], Nagpur Nagpur, Maharashtra | ₹ 1,15,500MBA/PGDM- 1st Year FeesCompare Fees | ₹ 5,50,000Average Package₹ 25,00,000Highest PackageCompare Placement | 3.9 / 10 Based on 38 User ReviewsBest in Placements | #119th/268 in India 2021 + 3 More |
#22 | Yeshwantrao Chavan College of Engineering - [YCCE], Nagpur Nagpur, Maharashtra | --MBA/PGDM | ₹ 6,00,000Average Package₹ 25,00,000Highest PackageCompare Placement | 4.1 / 10 Based on 13 User ReviewsBest in Infrastructure | -- |
#23 | GH Raisoni College of Commerce Science and Technology - [GHRCCST], Nagpur Nagpur, Maharashtra | ₹ 25,000MBA/PGDM- 1st Year Fees | ₹ 2,95,000Average Package₹ 4,70,000Highest Package | 4 / 10 Based on 4 User ReviewsBest in Faculty | -- |
#24 | Hislop College, Nagpur Nagpur, Maharashtra | ₹ 17,233MBA/PGDM- 1st Year FeesCompare Fees | -- | 3.8 / 10 Based on 1 User ReviewsBest in Faculty | -- |
CD Rank | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
#25 | St Francis De Sales College - [SFS], Nagpur Nagpur, Maharashtra | --MBA/PGDM | -- | 4.3 / 10 Based on 1 User Reviews | -- |
#26 | Dhanwate National College - [DNC], Nagpur Nagpur, Maharashtra | --MBA/PGDM | -- | 5 / 10 Based on 1 User ReviewsBest in Infrastructure | -- |
#27 | JD College of Engineering and Management, Nagpur Nagpur, Maharashtra | ₹ 98,500MBA/PGDM- 1st Year Fees | -- | 5 / 10 Based on 1 User ReviewsBest in Infrastructure | -- |
#28 | Jhulelal Institute of Technology - [JIT], Nagpur Nagpur, Maharashtra | ₹ 67,500MBA/PGDM- 1st Year Fees | ₹ 10,00,000Highest Package | -- |
CD Rank | Colleges | Course Fees | Placement | User Reviews | Ranking |
---|---|---|---|---|---|
#29 | KDK College of Engineering, Nagpur Nagpur, Maharashtra | ₹ 82,000MBA/PGDM- 1st Year Fees | ₹ 3,20,000Average Package₹ 10,00,000Highest Package | 4.7 / 10 Based on 2 User ReviewsBest in Academics | -- |