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Top MBA Colleges in Nagpur Based on 2024 Ranking

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.

Private MBA Colleges in Nagpur	Government MBA Colleges in Nagpur

IIM Nagpur is the best MBA college in Nagpur. It is ranked 43rd with a NIRF score of 53.41 among the top MBA colleges in India.
These colleges offer MBA education in 23 specializations like HR, Banking, Finance, Taxation, etc. There are 43 private and 10 public MBA colleges in Nagpur currently.
Admissions to these colleges are made through top national and state MBA entrance exams like CAT and MAH CET. 20 colleges in Nagpur accept the score of CAT while 17 accept CET. Check Top MBA colleges in Nagpur through CET.
The average cost of an MBA in Nagpur is INR 1-3 lakhs, with 19 colleges charging INR 1-2 lakh and 17 colleges charging more than INR 2 lakh for every year of management education.

Top MBA Colleges in India	Top Management Colleges in India

Top 10 MBA Colleges in Nagpur

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.

College/University Name	MBA/PGDM Seats
IIM Nagpur	240
Institute of Management & Technology	180
Symbiosis Institute of Business Management	210
Datta Meghe Institute of Management Studies	240
Department of Business Management, Nagpur University	60
Dr. Ambedkar Institute of Management Studies & Research	240
GS College of Commerce and Economics	60
CIBMRD Nagpur	90
JD College of Engineering & Management	120
Nagpur Institute of Technology	60

Top MBA Colleges in Nagpur: Rankings

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.

Top MBA Colleges in Nagpur: NIRF Ranking 2023

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.

IIM Nagpur is a well-reputed and renowned MBA college in Nagpur. It is ranked 43rd with a NIRF score of 53.41 by NIRF Ranking 2023.
IMT Nagpur has a drop in its ranking. Last year it was ranked 95th, per NIRF Ranking 2023. The institute is ranked 110th in 2023.

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.

Top MBA Colleges in Nagpur: Business Today Ranking 2023

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

Also Check-

Top MBA Colleges in Maharashtra	Top MBA Colleges in Mumbai

Top MBA Colleges in Nagpur: ROI (Return on Investment)

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.

Top MBA Colleges in Nagpur: Cutoff

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

List of Private MBA Colleges in Nagpur

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

List of Public MBA Colleges in Nagpur

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	-

Top MBA Colleges in Nagpur: Admission Process

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.

Institute of Management Technology (IMT), Nagpur

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 Placements 2023 Report

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

IMT Nagpur Placements 2022 Sector-Wise

The following graph represents the sector-wise placements for the batch 2022 at IMT Nagpur:

IMT Nagpur Placements Sector-Wise Collegedunia

IIM 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 Placement 2023 Report

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.

IIM Nagpur average package increased by 10.06% at INR 16.74 LPA whereas IIM Nagpur highest package increased by about 103% at INR 64 LPA.
Some of the top recruiters included KPMG, Capgemini, TVS, HDFC Bank, BNY Mellon, Adani, IBM, Deloitte, etc.

IIM Nagpur Placements 2023 Report- Collegedunia

Top MBA Colleges in Nagpur: Entrance Exam Wise

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.

Top MBA Colleges in Nagpur Accepting CAT Score

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 Indian Institutes of Management (IIMs) started this exam for selecting students for their management programs. The score of this exam, however, is accepted by other colleges too.
The exam tests candidates on topics like Quantitative Ability (QA), Verbal Ability (VA) Reading Comprehension (RC), Data Interpretation (DI), and Logical Reasoning (LR).
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:

Indian Institute of Management, Nagpur
Institute of Management Technology, Nagpur
Dr. Ambedkar Institute of Management Studies and Research, Nagpur

Top MBA Colleges in Nagpur Accepting GMAT Score

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:

Institute of Management Technology, Nagpur
Guru Nanak Institute of Technology (GNIT), Nagpur
SB Jain Institute of Technology Management and Research (SBJITMR), Nagpur

Also, Check,

Top MBA Colleges in Nagpur Accepting MAH CET	Top MBA Colleges in Nagpur Accepting XAT
Top MBA Colleges in Nagpur Accepting MAT	Top MBA Colleges in Nagpur Accepting ATMA

Top MBA Colleges in Nagpur: Placement Wise

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 institutes witnessed over 50 recruiters for both the final placements and the summer internship placement.
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.

CTCs offered in Top MBA Colleges in Nagpur

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,

Top MBA Colleges in Mumbai	Top MBA Colleges in Pune
Top MBA Colleges in Bangalore	Top MBA Colleges in Delhi NCR

Top MBA Colleges in Nagpur: FAQs

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.