Top MBA Colleges in Nagpur 2024: Ranking, Fees, Admission, Placement 2024

Top MBA Colleges in Nagpur 2024

MBA colleges in Nagpur offer good learning opportunities with high placements. More than 40 MBA colleges in Nagpur provide quality management education, making the city a good choice for aspirants to pursue MBA from some of the best colleges.

Candidates can check out details about some of the top MBA colleges in Nagpur below. They can find out about the admission process for the top MBA colleges in Nagpur, the entrance exams accepted, the minimum cutoffs applicable for the admission process, information about the MBA colleges in Nagpur with fees, and placements offered by the management institutes in Nagpur. There are many options available for the aspirants to pursue MBA in Nagpur at a low fee.

Here is all that an aspirant needs to know before choosing the top MBA colleges in Nagpur 2022.

Top MBA Colleges in Nagpur by NIRF Ranking 2021

NIRF is a ranking agency that considers multiple parameters to decide the best colleges. Provided below is the NIRK Ranking 2021 for the top MBA colleges in Nagpur:

College Name	NIRF 2021 Rank for Management Colleges	NIRF 2020 Rank for Management Colleges	Difference
Indian Institute of Management	40	40	0
Institute of Management Technology	76-100	60	--

Top MBA Colleges in Nagpur by India Today Ranking 2021

Take a look at the top MBA colleges in Nagpur as per the India Today Ranking 2021:

College Name	India Today 2021 Rank for Management Colleges	India Today 2018 Rank for Management Colleges	Difference
Institute of Management Technology	53	59	6

Top MBA Colleges in Nagpur Highlights

Candidates must know all about the top MBA colleges in Nagpur in detail. Hence, here are a few major highlights of the top MBA colleges in Nagpur:

Total Number of Colleges	60 (Approximately)
Types of Colleges	Private & Government
Colleges Approved by	AICTE (All India Institute of Technical Education) UGC (University Grants Commission) NAAC (National Assessment and Accreditation Council)
Admissions Through	Mostly through Entrance Exam
Entrance Exams Accepted	XAT, CAT, MAT, ATMA, CMAT
Top Specialisations	Human Resources Sales and Marketing Operations Finance Business Analytics Healthcare and Hospital IT and Systems Agriculture and Food Business International Business Agriculture and Food Business Energy and Environment
Fee Range (Annual)	INR 1,00,000 to INR 9,00,000
Hostel Facility	Available (For Selected Colleges)

Top 10 MBA Colleges in Nagpur- Fee

Here is the list of top MBA colleges in Nagpur along with their annual course fee:

College Name	MBA Course Fee (Annual) (Approximately)
Indian Institute of Management (IIM) Fee	INR 6,88,000
Institute of Management Technology (IMT) Fee	INR 8,20,000
JD College of Engineering and Management (JDCOEM) Fee	INR 98,500
Symbiosis Institute of Business Management (SIBM) Fee	INR 6,85,000
Rashtrasant Tukadoji Maharaj Nagpur University (RTMNU) Fee	INR 23,855
Department of Business Management - Nagpur University (NU) Fee	INR 23,710
Shri Ramdeobaba College of Engineering and Management (RCOEM) Fee	INR 1,19,000
Central Institute of Business Management Research and Development (CIBMRD) Fee	INR 3,60,000
Tirpude Institute of Management Education (TIME) Fee	INR 1,16,000
G H Raisoni Institute of Management and Research Fee	INR 1,68,000

Admission Process of Top MBA Colleges in Nagpur

Find out all about the admission process of the top MBA colleges in Nagpur below

Candidates are shortlisted based on the popular MBA entrance exams such as XAT, CAT, MAT, ATMA, CMAT, etc for admission to the MBA colleges in Nagpur. Some colleges also conduct institute-level entrance exams to select candidates.
After shortlisting students either through the national level, state level, or institute level entrance exam, a few MBA colleges in Nagpur also conduct further selection stages that involve Written Ability Tests (WAT), Personal Interviews (PI), and Group Discussions (GD).
The admission process is different for each MBA college in Nagpur and candidates need to go through the entire selection criteria of the institute at the official website before applying for admission at any desired college.
The minimum qualification required for taking admission at MBA Colleges in Nagpur is to have a Bachelor’s degree from a recognized institution with at least an aggregate of 50% marks in the last qualifying exam. Most of the colleges provide a 5% relaxation to the reserved category candidates.

Top MBA Colleges in Nagpur- Based on Course Fee

Before applying for admissions to any college/institute, candidates must be aware of the fees structure. Check out the list of the best government and private colleges and their fees structure.

Top Government MBA Colleges in Nagpur with Course Fee

Here are some government MBA colleges in Nagpur with their respective fee structure:

College Name	Course Fee (Annual)
IIM Nagpur - Indian Institute of Management Fee	INR 6,88,000
Department of Business Management - Nagpur University Fee	INR 23,710
Rashtrasant Tukadoji Maharaj Nagpur University Fee	INR 23,855

Top Private MBA Colleges in Nagpur with Course Fee

Check out the top private MBA colleges in Nagpur with their respective fee structure:

College Name	Course Fee (Annual)
IMT Nagpur - Institute of Management Technology Fee	INR 8,20,000
JD College of Engineering and Management Fee	INR 98,500
SIBM- Symbiosis Institute of Business Management Fee	INR 6,85,000
G H Raisoni Institute of Management and Research Fee	INR 85, 418
Shri Ramdeobaba College of Engineering and Management Fee	INR 1,19,000

Top MBA Colleges in Nagpur: Cutoff

Get an idea about the cutoff at MBA colleges in Nagpur:

College Name	Exam Cutoff
IIM Nagpur Cutoff	95+ (CAT)
IMT Nagpur Cutoff	90+ (CMAT) & 80+ (CAT/ XAT)
Shri Ramdeobaba College of Engineering and Management Cutoff	94+ (MAH CET)

Top MBA Colleges in Nagpur: Placements

MBA colleges in Nagpur provide immense placement opportunities to students. Here is a quick overview of MBA colleges in Nagpur with placement:

MBA Colleges	Average Annual Salary	Top Recruiters
Indian Institute of Management	INR 12,00,000	Deloitte Consulting, MuSigma, Berger Paints, ZS Associates, Sutherland Global, V-Guard, Schindler, GroupM, ValueLabs, Decimal Point Analytics, etc.
Institute of Management Technology	INR 7,64,000	99 Acres, Amazon, Crisil, Aditya Birla, ICICI Bank, IBM, SBI, Wipro, etc.
SIBM	INR 20,14,000	Cipla, Aditya Birla Group, Godrej, Airtel, Accenture, Axis Bank, Bajaj Auto, Cisco, Dabur, Adani, ICICI Bank, Hexaware Technologies, Lenovo etc.

Top MBA Colleges in Nagpur: Entrance Exam

CAT and CMAT are the two most popular entrance exams accepted at top MBA colleges in Nagpur. There are other MBA entrance exams like XAT MAT, ATMA, MAH CET, etc. accepted by the colleges for admission. Check out the exams and the total number of colleges accepting the exams below:

Exam Name	Exam Accepting Colleges in Nagpur
MAT	7+
CAT	8+
XAT	2+
CMAT	22+
ATMA	1+
MAH CET	10+

Top MBA Colleges in Nagpur Accepting CAT Scores

Here are a few MBA colleges in Nagpur that accept CAT scores:

Sl. No.	Name of the College
1.	Orange School of Business
2.	Datta Meghe Institute of Management Studies
3.	Umrer College of Engineering
4.	Guru Nanak Institute of Engineering & Technology

Top MBA Colleges in Nagpur Accepting MAT Scores

Check out the list of MBA colleges in Nagpur that accept MAT scores:

Sl. No.	Name of the College
1.	Orange School of Business
2.	NIT Graduate School of Management
3.	G.H. Raisoni College of Engineering
4.	Datta Meghe Institute of Management Studies

Top MBA Colleges in Nagpur Accepting XAT Scores

Given below is the list of XAT accepting MBA colleges in Nagpur:

Sl. No.	Name of the College
1.	NIT Graduate School of Management
2.	Datta Meghe Institute of Management Studies

Top MBA Colleges in Nagpur Accepting CMAT Scores

Go through the MBA colleges in Nagpur accepting CMAT scores here:

Sl. No.	Name of the College
1.	Central Institute of Business Management, Research & Development
2.	Tirpude Institute of Management Education
3.	G.H. Raisoni College of Engineering
4.	Green Heaven Institute of Management & Research

ROI of Top MBA Colleges in Nagpur

ROI, also known as the return on investment provides a clear picture of which college is the best pick for the candidates. It gives an idea about the placement statistics of the college and also provides a hint about how much return (placement package) from your investment (course fee) can be expected.

*ROI % = {(Average Placement Package)/ (Average Annual Fee)} x 100

Check out the table below to get an idea of the ROI of top MBA colleges in Nagpur:

College Name	ROI Rank*	Average Salary Offered (Annual)	Average Course Fee (Annual)
Central Institute of Business Management Research and Development (CIBMRD)	1	INR 3,60,000	INR 1,13,000
Dr. B.R. Ambedkar Institute of Management Studies and Research (DAIMSR)	2	INR 3,25,000	INR 1,03,000
Indian Institute of Management (IIM)	3	INR 12,00,000	INR 6,88,000
Institute of Management Technology (IMT)	4	INR 7,64,000	INR 8,20,000

MBA Specialisations Offered in Nagpur

Provided below are the MBA specialisations offered in Nagpur:

Business Administration	General Management	Finance
Marketing	Aviation Management	International Business
Business Management	Human Resource Management	Business Analytics
Healthcare Management	Executive MBA	Retail Management
Project Management	Entrepreneurship and Family Business	Operations Management
Banking and Insurance	Digital Marketing	Banking and Insurance
Tourism Management	Information Technology	Information System Management
Global Management	Logistics and Supply Chain Management	Export Management
Advertising Management	Accounting	Rural Management

Top Recruiters of MBA Graduates in Nagpur

Check out the list of top recruiters of MBA graduates in Nagpur:

Aditya Birla Group	Adani	Collabera
Accenture	Godrej	Ashok Leyland
Airtel	Hexaware	CenturySoft
Axis Bank	Reliance	Vodafone
Bajaj Finserv	ICICI Bank	HCL
Cipla	Lenovo	Cognizant
Cisco	Whirlpool	Infosys
Dabur	Amazon	-

FAQs

Which is the most popular MBA specialisation offered at MBA colleges in Nagpur?

The most popular MBA specialisations offered at MBA colleges in Nagpur include Finance and Business Administration.

Are the MBA colleges of Nagpur recognised by the UGC?

Most of the MBA colleges in Nagpur have been recognised and approved by the University Grants Commission (UGC).

What is the selection process of MBA colleges in Nagpur?

The selection process of MBA colleges in Nagpur varies from institute to institute. Most of the colleges shortlist students on the basis of an entrance exam score and then proceed with the rounds of Group Discussion and Personal Interview. Some colleges skip the rounds of Group Discussion while some select students solely on the basis of merit in the qualifying degree.

Which MBA entrance exams are accepted by MBA colleges in Nagpur?

If you are looking for admission to any MBA college in Nagpur, you should take management entrance exams like CAT, CMAT, MAH CET, MAT etc. These are the most widely accepted MBA entrance exams by the colleges of the city.

What is the average fee of MBA colleges in Nagpur?

The average course fee of MBA colleges in Nagpur is somewhere between Rs. 4-7 lakh.

Which are the best MBA colleges in Nagpur?

The best MBA colleges in Nagpur include Nagpur Institute Of Technology, GHRIIT Nagpur, Shantiniketan Business School, JD College of Engineering and Management, etc.

Do MBA colleges in Nagpur provide students with hostels?

Almost all the MBA colleges of Nagpur offer their students with hostel facility. Student accommodation is provided on the campus as well as outside it.

Can I do an MBA from a private college in Nagpur?

Yes, most of the MBA colleges in Nagpur are private. You can choose any college as per your preferences.

Is MBA offered only in the management colleges of Nagpur?

Apart from the institutes that cater solely to management education, MBA is also provided by many universities and technical colleges in Nagpur.

How many MBA colleges are there in Nagpur?

There are roughly more than 45 MBA colleges in Nagpur.