MBA Colleges in Nagpur

Why MBA from Nagpur?
Many graduates aspire to do MBA from a reputed college to land a job in an MNC. Nagpur is a major city in Maharashtra and has many educational institutions. To pursue MBA from a top college in Nagpur is a dream of many students who intend to make a career in the management field. Other factors like ranking, average placements, admission process matter to students finalizing the college for MBA course. Top MBA colleges in Nagpur, fee structure, admission criterion to the MBA programme, all the above mentioned have been covered in the following article. This is a must-read article for those students who are keen to do an MBA from a top college in Nagpur.
Some of the parameters we used to judge these MBA colleges included:-
  • Faculty Experience
  • Industry Exposure
  • University Collaborations
  • Physical Infrastructure
  • Average Package
Our industry experts with more than 20 years of experience have rated these top MBA colleges on the above factors, and this quantitative data has been then supplemented with qualitative factors such as student feedback, faculty accessibility etc. to give you one of the best B-school ranking lists available online.
MBA colleges in Nagpur accepting CAT, XAT, CMAT and GMAT scores:-
  • As a management aspirant, you should be aware of the list of best MBA colleges that accept CAT, XAT or GMAT scores for the final intake of students in the two-year management program.
  • One of the best MBA colleges in Nagpur is Indian Institute of Management. This premier institute accepts CAT scores followed by personal interview, written ability test (PIWAT) for the enrollment of students to their Post Graduate Programme in Management. To have a better understanding of the business dynamics, students have to undergo an International Immersion programme at the end of the first year, a field immersion and a summer internship. All these short programmes are mandatory for the students as it lays the foundation for conceptual and critical reasoning.
  • One of the top MBA colleges in Nagpur, Institute of Management Technology, offers a two year Post Graduate Diploma in Management (PGDM). It accepts CAT/XAT/CMAT/GMAT scores followed by personal interview. IMT (Nagpur) believes in providing its students’ education par excellence with a global outlook. It is an institution which fosters excellence in management, innovation and entrepreneurship for the development of society as a whole.
  • Symbiosis Institute of Business Management, one of the top MBA colleges in Nagpur, accepts SNAP scores followed by Group Exercise, Personal Interview, Written Ability Test (GE-PIWAT) for the enrollment of students to their Post Graduate Programme in Management. SIBM believes in providing world-class education to students so that they can adapt themselves to the dynamic changes of the corporate world. A unique feature of SIBM college is that 25% seats will be reserved for local residents and they will also get a 15% concession in fees.
  • One of the top MBA colleges in Nagpur, Central Institute of Business Mgt, Research and Development imparts quality education combined with practical wisdom, knowledge and skills relevant for management.
Nagpur – Preferred city to pursue Management Programs (MBA)
Let’s have a look at the reasons:-
  1. Epicenter for various business activities:-
  2. Major manufacturing industries namely; Dinshaws, Haldiram’s, Suruchi International, Vicco and Baidyanath, have their industrial operations in this city. Another major contributor to the economic growth of Nagpur is the presence of many IT companies. Major IT companies namely; TCS, HCL, TechMahindra, HCL etc. run their operations in the SEZ area. The industrial areas in Nagpur are Butibori and Hingna that have industries like Gammon India Limited, Indo Rama Synthetics that have contributed to the growth of this city.
  3. Immense career opportunities for Management students:-
  4. According to a report by the World Economic Forum, Nagpur also known as the city of oranges, has a GDP of 8.41% and has excellent potential for growth and development in various industrial sectors. Many retailers and warehouse companies have invested in Nagpur. Many prominent names in the shipping industry like Container Corp of India Ltd, Mahindra Logistics Ltd have their industrial operations running in Nagpur. The growth of this city can also be attributed to organizations that have made large-scale private investments from across the world. It has been an economic boon for this region.
Let’s have a look at the fee structure and the average salary structure of various colleges:-
MBA colleges in Nagpur - Fee structure and average salary (subject to revision):-
Name of Colleges
Fee Structure
Avg. Placement Salary
Indian Institute of Management
Rs 5,85,000  (total fees)
Rs 12.35 LPA
Institute of Management Technology
Rs 12,10,000 (total fees)
Rs. 7.5 LPA
Dept of Management Studies, Nagpur
Rs  23,712  (annual fees)
Rs   3.5LPA (approx.)
Central Institute Of Business Mgt, Research And Development
Rs 1,13,000 (annual fees)
Rs 3.6 LPA
Symbiosis Institute of Business Management
Rs 6.5 L (Annual fees)
The best business colleges in India are the ones which offer management education that keeps pace with Global MBA environment. The management colleges should have either been accredited with one or more international accreditations or should be in the process of being awarded with it. These top colleges have a unique pedagogy and highly qualified faculty; the students at the best MBA colleges in India get consistently higher average placements year after year as they become industry ready.
The top ranking MBA colleges include not only the Indian Institutes of Management (IIMs) but also some of the other university-affiliated and private MBA colleges which are doing much better than many of the newer IIMs. The best MBA colleges and a number of IIMs have a similar fee structure, but some of the newer IIMs placements, IIM Admission process and the IIMs average salary in placement tend to lag behind in a number of these best MBA colleges. This exhaustive list of top colleges to pursue your management education from has been compiled after comprehensive research of MBA universities and colleges by our panel of experts.
Therefore, we recommend that first analyze as to what are the parameters which are important for you and then decide the college which caters to these parameters. Most importantly, you have to give in 100% to achieve your goal. All the best !!!
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