Top MBA Colleges in Nagpur 2024: Ranking, Fees, Admission, Cutoff, Placements

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Sushil Pandey

Senior Content Specialist

There are a total of around 69 top MBA colleges in Nagpur, out of which, the number of privately owned colleges adds up to 56. The top MBA colleges in Nagpur are IIM Nagpur, IMT Nagpur and SIBM Nagpur. IIM Nagpur is the best MBA college in Nagpur. It is ranked 43rd by NIRF. These colleges majorly accept MAHCET because of their location in Maharashtra, while other exams used by these colleges to select the candidates are CAT, MAT, SNAP, CMAT, XAT, etc. 

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.

Top MBA Colleges in Nagpur as per NIRF Ranking 2023

IIM Nagpur is the top MBA college in Nagpur that has been NIRF-ranked for the past 4 years (2019-2023). IMT Nagpur was ranked 95th by NIRF in 2022. The ranking trend for IIM Nagpur as per NIRF ranking reports is:

Year Rank NIRF Score
2023 43 53.41
2022 43 52.84
2021 40 50.62
2019 70 40.40

Which is the Best MBA College in Nagpur?

  • IIM Nagpur is the best MBA college in Nagpur.
  • IIM Nagpur is the 16th IIM established by the Government of India in 2015.
  • The IIM Nagpur average package for the batch of 2021-23 stood at 16.74 LPA while the median package stood at 16.85 LPA.
  • The highest package at IIM Nagpur was 64 LPA offered by Microsoft.
  • Although SIBM Nagpur is a better-ranked top MBA college in Nagpur, however, IIM Nagpur enjoys the IIM tag and being a government-established institute, students usually prefer IIM Nagpur over the rest top MBA colleges in Nagpur.

Top MBA Colleges in Nagpur: Average Package 2023

Top MBA Colleges in Nagpur: Average Package

Top MBA Colleges in Nagpur as per ROI 

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 the top MBA colleges in Nagpur ROI-wise.

Name of the College Average Annual Fee (INR) Average Placement Package (INR) ROI
Rashtrasant Tukadoji Maharaj Nagpur University 23,712 for 1 year 4.45 LPA 938.3%
IIM Nagpur 18,90,000 16.74 LPA 88.57%
IMT Nagpur 8,23,000 for 1 year 11.00 LPA 66.82%
SIBM Nagpur 8,15,000 for 1 year 11.25 LPA 69.01%

*How to calculate ROI: ROI = (Average Package/Fees for 2 years)*100

Top MBA Colleges in Nagpur: Admission Process

College Name Eligibility and Selection Fees
IIM Nagpur Eligibility: Bachelor’s degree with 50% marks
Exams Accepted: CAT
Seats: 260
Selection Criteria: CAT + Personal Interview
INR 19,90,000 for 2 years
IMT Nagpur Eligibility: Bachelor’s degree with 50% marks
Exams Accepted: CMAT, CAT, and XAT
Seats: 360
Selection Criteria: CAT, XAT, CMAT + WCT + GD + Personal Interview
INR 14,50,000 for 2 years
SIBM Nagpur Eligibility: Bachelor’s degree with 50% marks
Exams Accepted: SNAP
Seats: 180
Selection Criteria: SNAP + GE - Personal Interview
INR 16,50,000 for 2 years
Rashtrasant Tukadoji Maharaj Nagpur University Eligibility: Bachelor’s degree with 50% marks
Exams Accepted: MAH-MBA/ MMS-CET/ CAT/ JMET/ MAT/ XAT/ ATMA Score
Seats: 180
Selection Criteria: Counselling conducted by MAH-CET body
INR 2,10,000 for 2 years

Top MBA Colleges in Nagpur: Cutoff

Click on the links below to check the cut-off list for the rest of the top 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
CIBMRD Nagpur CIBMRD Nagpur Cutoff
GHRCBM Nagpur GHRCBM Nagpur Cutoff
GS College of Commerce and Economics G.S. College of Commerce and Economics Cutoff
Tirpude Institute of Management Education (TIME) TIME Nagpur 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) Seat Intake
IMT Nagpur 14,50,000 360
JD College of Engineering and Management 1,60,000 120
SIBM Nagpur 13,20,000 180
G H Raisoni Institute of Management and Research, Nagpur 1,68,000 180

List of Government MBA Colleges in Nagpur

Tabulated below is the list of best government MBA colleges in Nagpur along with their fee structure.

College Name Average Fees (INR) Seat Intake
IIM Nagpur 9,50,000 260
Rashtrasant Tukadoji Maharaj Nagpur University 47,710 180
Department of Business Management - Nagpur University 47,420 60
School of Agri-Business Management, Nagpur 60,800 30

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.

Top MBA Colleges in Nagpur: FAQs

Ques. How many MBA colleges are there in Nagpur?

Ans. There are a total of 69 MBA colleges are there in Nagpur which include 56 private and 10 government colleges.

Ques. Which are the top 5 MBA colleges in Nagpur?

Ans. Listed below are the top 5 MBA colleges in Nagpur: 

  • IIM Nagpur - Indian Institute of Management
  • IMT Nagpur - Institute of Management Technology
  • Tirpude Institute of Management Education
  • SIBM, Symbiosis International, Nagpur
  • Dr. Ambedkar Institute of Management Studies and Research

Ques. Do any of the MBA colleges in Nagpur offer direct MBA admission?

Ans. Only a few MBA colleges in Nagpur offer direct admission without an entrance exam; some of them are; A.D.N. Institute of Paramedical Sciences, K.D.K. College of Engineering, Dr. Ambedkar Institute of Management Studies and Research.

Ques. What is the MBA course fee in Ambedkar College, Nagpur?

Ans. MBA course fee at Ambedkar College, Nagpur is around INR 1,74,000 for 2 - years. 

Ques. What is the salary of MBA fresher in Nagpur?

Ans. The salary of MBA fresher in Nagpur can range anywhere between INR 4.50 - 11 LPA.

Ques. Which are the top MBA colleges in Nagpur through CET?

Ans. Almost all MBA colleges in Nagpur accept MHT CET scores. Tirpude Institute of Management Education, Shri Ramdeobaba College of Engineering and Management and Dr. Ambedkar Institute of Management Studies and Research are some top MBA colleges in Nagpur through CET.

Ques. Which are the best MBA colleges in Nagpur with high placement?

Ans. MBA colleges in Nagpur offer placement packages ranging between INR 4.50 - 11 LPA. IIM Nagpur, IMT Nagpur, and SIBM Symbiosis International Nagpur are some of the best MBA colleges in Nagpur with high placement.

Ques. Which are the top government MBA colleges in Nagpur?

Ans. Listed below are the top private MBA colleges in Nagpur:

  • IIM Nagpur - Indian Institute of Management
  • Department of Business Management - Nagpur University
  • Rashtrasant Tukadoji Maharaj Nagpur University
  • School of Agri-Business Management, Nagpur 

Ques. What is the career scope after MBA in Nagpur?

Ans. Post completing MBA, one can either choose to continue their studies and opt PhD courses or find a lucrative job for themselves. Brand manager, Sales Manager, Digital Marketing Manager, etc. are some job profiles after MBA. 

Ques. Which are the top private MBA colleges in Nagpur?

Ans. Some of the top private MBA colleges in Nagpur are listed below:

  • IMT Nagpur - Institute of Management Technology
  • Tirpude Institute of Management Education
  • Shri Ramdeobaba College of Engineering and Management
  • SIBM Symbiosis International Nagpur
  • Dr. Ambedkar Institute of Management Studies and Research

Ques. What is the eligibility criteria to get an admission in top MBA colleges in Nagpur?

Ans. Candidates seeking admission into top MBA colleges in Nagpur need to complete 10+2 and graduation from a recognized Board/ University and qualify any entrance exam like MHT CET, CAT, XAT, SIBM, MAT, etc. Qualified candidates are shortlisted for Group discussion or personal interview. 

Sub Stream
Program Type
Type Of College
Entrance/Exam Accepted
Avg Fee Per Year
Course Type
Agency
Affliation
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Course Duration
College Category
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Found 71 colleges

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CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
Aa4

Indian Institute of Management - [IIMN], Nagpur

Nagpur, Maharashtra 
18,90,000MBA/PGDM- total feesCompare Fees₹ 16,30,000Average Package₹ 38,40,000Highest PackageCompare Placement 4.4 / 5 Based on 75 User
Reviews
Best in Faculty
#20th/25 in India 2025
agency logoagency logoagency logo+ 2 More
Aa6

Institute of Management Technology - [IMT], Nagpur

Nagpur, Maharashtra |AICTE, NBA, AIU, AACSB Approved
8,53,000MBA/PGDM- 1st Year FeesCompare Fees₹ 11,00,000Average Package₹ 36,33,000Highest PackageCompare Placement 4.2 / 5 Based on 121 User
Reviews
Best in Social Life
#44th/275 in India 2024
agency logoagency logoagency logo+ 4 More
Ba4

Ramdeobaba University - [RBU], Nagpur

Nagpur, Maharashtra |AICTE Approved
2,10,000MBA/PGDM- total feesCompare Fees₹ 6,90,000Average Package₹ 50,00,000Highest PackageCompare Placement 4 / 5 Based on 257 User
Reviews
Best in Placements
#364th/608 in India 2023
agency logoagency logoagency logo+ 3 More
Ba4
1,36,000MBA/PGDM- 1st Year Fees₹ 3,50,000Average Package₹ 10,20,000Highest Package 4 / 5 Based on 5 User
Reviews
Best in Faculty
#233th/275 in India 2024
agency logoagency logoagency logo+ 1 More
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

Rashtrasant Tukadoji Maharaj Nagpur University - [RTMNU], Nagpur

Nagpur, Maharashtra |AICTE, UGC, AIU Approved
23,712MBA/PGDM- 1st Year FeesCompare Fees₹ 9,00,000Highest PackageCompare Placement 3.8 / 5 Based on 2437 User
Reviews
Best in Infrastructure
--

GH Raisoni College of Engineering - [GHRCE], Nagpur, Nagpur

Nagpur, Maharashtra |AICTE, NBA Approved
1,17,836MBA/PGDM- 1st Year FeesCompare Fees₹ 4,50,000Average Package₹ 17,50,000Highest PackageCompare Placement 4.1 / 5 Based on 394 User
Reviews
Best in Social Life
#101th/110 in India 2024
agency logoagency logoagency logo+ 5 More

Yeshwantrao Chavan College of Engineering - [YCCE], Nagpur

Nagpur, Maharashtra |AICTE, NBA Approved
1,03,134MBA/PGDM- 1st Year FeesCompare Fees₹ 6,00,000Average Package₹ 25,00,000Highest PackageCompare Placement 4 / 5 Based on 277 User
Reviews
Best in Infrastructure
--
25,000MBA/PGDM- 1st Year Fees₹ 2,95,000Average Package₹ 4,70,000Highest Package 4 / 5 Based on 17 User
Reviews
Best in Faculty
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

Hislop College, Nagpur

Nagpur, Maharashtra |UGC Approved
17,233MBA/PGDM- 1st Year FeesCompare Fees-- 4 / 5 Based on 60 User
Reviews
Best in Faculty
--

St Francis De Sales College - [SFS], Nagpur

Nagpur, Maharashtra |UGC Approved
--MBA/PGDM-- 3.9 / 5 Based on 19 User
Reviews
--

Dhanwate National College - [DNC], Nagpur

Nagpur, Maharashtra |UGC Approved
--MBA/PGDM-- 3.7 / 5 Based on 19 User
Reviews
Best in Infrastructure
--

JD College of Engineering and Management, Nagpur

Nagpur, Maharashtra |AICTE Approved
2,04,000MBA/PGDM- total fees-- 4 / 5 Based on 33 User
Reviews
Best in Infrastructure
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking

Jhulelal Institute of Technology - [JIT], Nagpur

Nagpur, Maharashtra |AICTE Approved
84,000MBA/PGDM- 1st Year Fees₹ 10,00,000Highest Package 3.8 / 5 Based on 28 User
Reviews
Best in Placements
--

KDK College of Engineering, Nagpur

Nagpur, Maharashtra |AICTE, NBA Approved
78,000MBA/PGDM- 1st Year Fees₹ 3,20,000Average Package₹ 10,00,000Highest Package 3.9 / 5 Based on 84 User
Reviews
Best in Academics
--
88,500MBA/PGDM- 1st Year Fees₹ 2,20,000Highest Package 4.2 / 5 Based on 16 User
Reviews
--
2,10,000MBA/PGDM- total fees₹ 7,25,000Highest Package 3.5 / 5 Based on 35 User
Reviews
Best in Infrastructure
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
--MBA/PGDM-- 2.7 / 5 Based on 1 User
Reviews
Best in Placements
--
90,000MBA/PGDM- 1st Year Fees-- 3.7 / 5 Based on 10 User
Reviews
Best in Faculty
--
--MBA/PGDM₹ 1,70,000Average Package₹ 3,00,000Highest Package 3 / 5 Based on 14 User
Reviews
Best in Infrastructure
--
72,500MBA/PGDM- 1st Year Fees-- 3.9 / 5 Based on 21 User
Reviews
Best in Academics
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
1,00,000MBA/PGDM- 1st Year Fees₹ 3,50,000Average Package₹ 10,00,000Highest Package 3.5 / 5 Based on 7 User
Reviews
Best in Infrastructure
--

NIT Graduate School Of Management - [NITGSM], Nagpur

Nagpur, Maharashtra |AICTE Approved
90,000MBA/PGDM- 1st Year Fees------
1,00,000MBA/PGDM- 1st Year Fees₹ 3,00,000Average Package 3.7 / 5 Based on 6 User
Reviews
Best in Social Life
--
74,000MBA/PGDM- 1st Year Fees-- 4.3 / 5 Based on 38 User
Reviews
Best in Faculty
--
CD RatingCollegesCourse FeesPlacementUser ReviewsRanking
85,000MBA/PGDM- 1st Year Fees-- 3.7 / 5 Based on 12 User
Reviews
Best in Social Life
--

School of Agri-Business Management, Nagpur

Nagpur, Maharashtra |ICAR Approved
60,800MBA/PGDM- 1st Year Fees------