Top 10 MBA Colleges In Nagpur 2024 - Admission, Fees, Exams

Nagpur is located in the north-eastern region of Maharashtra and is one of the infrastructurally and developmentally advanced cities of Maharashtra. There are a number of well-accredited and reputed management colleges and institutes in Nagpur that offer an MBA degree to students in the full-time mode. This blog is a comprehensive account of the top MBA colleges of Nagpur along with all important details pertaining to the MBA program being offered there as well as other details. 

Top MBA Colleges in Nagpur 

Located in north-eastern Maharashtra and home to over 60 MBA colleges and institutes, Nagpur is a city with a high number of management aspirants who seek admission to these colleges each year. There are both public sector colleges and private institutes that offer MBA education at Nagpur and the cost of pursuing an MBA from the city is relatively more affordable than from other cities of the state. Colleges for management at Nagpur provide all requisite and advanced student support features for a smooth and useful learning experience as well as excellent placement. 

Find below a list of the top 10 MBA colleges of Nagpur that have been selected on the basis of their NIRF rankings (2023) and a number of other features such as student support, faculty, placement assistance, fees etc. Also Read: Full form of MBA.

MBA College/University	NIRF Ranking	Course	Accepted Entrance Exams	MBA Fees (Approx.)
IIM Nagpur	43	Post Graduate Program in Management (PGPM)/ Master of Business Administration (MBA)	CAT	INR 18,00,000
Institute of Management Technology (IMT), Nagpur	–	Post Graduate Diploma in Management (PGDM)	CAT/XAT/CMAT/GMAT	INR 14,50,000
Symbiosis Institute of Business Management, Nagpur	–	Master of Business Administration (MBA)	SNAP	INR 6,19,250- INR 10,80,000
Datta Meghe Institute of Management Studies, Nagpur	–	Master of Business Administration (MBA)	CAT/CMAT/CET	INR 1,35,334
Department of Business Management, Nagpur University	–	Master of Business Administration (MBA)	CET/CMAT/MAT/MAH MBA/MMS CET	INR 47,424
Dr. Ambedkar Institute of Management Studies and Research	–	Master of Business Administration (MBA)	CAT/CMAT	INR 99,425
GS College of Commerce and Economics	–	Master of Business Administration (MBA)	MAT/XAT/GMAT/CAT/ CMAT/ATMA/MAH CET	INR 1,62,000
Central Institute of Business Management Research and Development (CIBMRD Nagpur)	–	Master of Business Administration (MBA)	MAH-MBA/MMS-CET/CAT/JMET/MAT/XAT/ ATMA	INR 1,18,500
J. D. College of Engineering & Management	–	Master of Business Administration (MBA)	MAH-CET	INR 1,60,000
Nagpur Institute of Technology	–	Master of Business Administration (MBA)	MAH-CET/CAT/CMAT/MAT	INR 1,80,000 P.A.

General Eligibility and Accepted Entrance Exams for Admissions in Nagpur  MBA Colleges

In order to seek admissions to an MBA college in Nagpur, the candidate must meet certain basic criteria for selection. The procedure for admission usually progresses in three phases: 

• Firstly, the candidate should have completed their Bachelor’s education from a Recognised University/Institute 
• The Candidate Should Have a Valid Accepted Score on a Management Entrance Exam 
• The Candidate Should Qualify the rounds of Personal Interview and/or Group Discussions (GD-PI)

The minimum eligibility criteria must be met by the candidate satisfactorily as it is the major basis of shortlisting of candidates initially. The general criteria for eligibility include: 

• At least a Bachelor’s degree from a Recognised University/Institute 
• A Minimum Aggregate Score of 50% Marks in Graduation
• A Professional Experience of at least 2-3 years in the Relevant Field (Required Mandatorily in Few Universities)

For admission to an MBA course, candidates with any past educational background/stream can apply. 

Some of the commonly accepted entrances in various top colleges of MBA in Nagpur include the CAT, CMAT, GMAT, Maharashtra CET etc. Here is the full list of the various accepted management entrances in the top 10 MBA colleges of Nagpur. 

College/University	Accepted Management Entrance Exam
IIM Nagpur	CAT
Institute of Management Technology (IMT), Nagpur	CAT/XAT/CMAT/GMAT
Symbiosis Institute of Business Management, Nagpur	SNAP
Datta Meghe Institute of Management Studies, Nagpur	CAT/CMAT/CET
Department of Business Management, Nagpur University	CET/CMAT/MAT/MAH MBA/MMS CET
Dr. Ambedkar Institute of Management Studies and Research	CAT/CMAT
GS College of Commerce and Economics	MAT/XAT/GMAT/CAT/ CMAT/ATMA/MAH CET
Central Institute of Business Management Research and Development (CIBMRD Nagpur)	MAH-MBA/MMS-CET/CAT/JMET/MAT/XAT/ ATMA
J. D. College of Engineering & Management	MAH-CET
Nagpur Institute of Technology	MAH-CET/CAT/CMAT/MAT

Once a candidate gets shortlisted further based on their management entrance score, they need to appear physically at the institute/college for rounds of personal interview (PI) and/or group discussions (GD). 

Once the candidate completes the process of admission in these three stages and qualifies each stage, they can enrol in the MBA college of their choice. 

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Best Private & Public MBA Colleges of Nagpur 

Find further important details about the top 10 MBA colleges of Nagpur and their MBA (or equivalent) courses. 

1) Indian Institute of Management (IIM), Nagpur 

The Indian Institute of Management (IIM) Nagpur was established in 2005 and functioned under the aegis of IIM Ahmedabad until 2015. After 2015, it emerged as an independent institute for management education that gained accolades and approvals from national and international bodies like the AICTE and AACSB. It offers a Post Graduate Program in Management (PGPM), an equivalent of an MBA degree. The course has been prepared with inputs and insights from industry experts and experienced faculty, and has also been approved by the AICTE. The course is supported by top infrastructural and technological facilities along with innovative and practically oriented learning pedagogy. The placements at IIM Nagpur are also quite robust, offering satisfactory RoI through campus selections. 

Explore more details about the PGPM offered at IIM Nagpur here.

Degree Offered	Post Graduate Program in Management (PGPM)/ Master of Business Administration (MBA)
Accreditations	AACSB, AICTE, NIRF Rank 43 in Management Category (2023) etc.
Course Duration	2 Years
Accepted Entrance Examinations	CAT
Course Specialisations	Marketing Management   Finance & Accounting Management   Organisational Behaviour & Human Resource Management (OB & HRM) Decision Science & Information Systems  Economics Productions & Operations Management  Strategy & Entrepreneurship Management   Humanities, Arts & Social Sciences
Full Course Fees	INR 18,00,000
Average Placement Package	INR 16,74,000 P.A.

2) Institute of Management Technology (IMT), Nagpur

The Institute of Management Technology (IMT) is a renowned centre for management education in India. The IMT Nagpur campus was started in 2004 and has received top accreditations for management education like the approval of AICTE, NBA, SAQS, AACSB etc. It is among the top 100 management institutions of India for management education as per NIRF rankings (2023). A PGDM course of 2 years is offered to students at IMT Nagpur, with the choice of specialising in any one of 6 areas of management including marketing, economics, business analytics and IT, operations, OB and HRM, finance and marketing. IMT Nagpur has a focus on the practical and professional training of students through the course, and provides excellent opportunities for internships and placements to the PGDM students, with excellent scope of return on investment.

Find more details about the PGDM course at IMT Nagpur. 

Degree Offered	Post Graduate Diploma in Management (PGDM)
Accreditations	AICTE, NBA, AACSB, SAQS, AIU etc.
Course Duration	2 Years
Accepted Entrance Examinations	CAT/XAT/CMAT/GMAT
Course Specialisations	Economics Business Analytics & IT Management  Operations Management  Organisational Behaviour & Human Resource Management (OB & HRM) Finance Management  Marketing Management
Full Course Fees	INR 14,50,000
Average Placement Package	INR 10,81,000 P.A.

3) Symbiosis Institute of Business Management, Nagpur 

The Symbiosis Institute of Business Management was established in Nagpur in 2019 and is a UGC and AICTE approved institution for higher education in business studies and management. The course offered at SIBM Nagpur is an MBA program of two years that has been approved by the AICTE and is offered in four areas of specialisation including marketing, finance, HRM and operations and supply chain management. The full fee for the course ranges between INR 6.19 lakhs to INR 10.8 lakhs and the RoI through campus placements is also quite satisfactory as average placement packages at SIBM range up to INR 11.5 LPA. 

Here are further important details about the MBA program at SIBM Nagpur. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE
Course Duration	2 Years
Accepted Entrance Examinations	SNAP
Course Specialisations	Marketing Management  Finance Management  Human Resource Management (HRM) Operations and Supply Chain Management
Full Course Fees	INR 6,19,250- INR 10,80,000
Placement Package	INR 11,50,000 P.A.

4) Datta Meghe Institute of Management Studies, Nagpur

Datta Meghe Institute of Management Studies was established in Nagpur by the esteemed Shri Datta Meghe in 1994. Formerly started as NYSS Institute of Management & Research, it was renamed as DMIMS in 2009. It is affiliated to Nagpur University and is a NAAC-recognised institution of India. It has also been approved by the AICTE for its management courses. It offers an AICTE-approved full-time MBA program with options for specialisation in over 6 areas. The university is well-known for providing top career options in some of the best companies and makes up for excellent rates of RoI. 

Here are further important details about the MBA program of DMIMS. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE, NBA, NAAC-Recognised
Course Duration	2 Years
Accepted Entrance Examinations	CAT/CMAT/MHC-CET
Course Specialisations	Marketing Management Finance Management Human Resource Management Operation & Logistics Management   Business Analytics Health Care Management
Full Course Fees	INR 1,35,334
Placement Package	INR 6,47,000 P.A.

5) Department of Business Management, Nagpur University

Nagpur University is a public state university established a century ago in 1923. It is one of the well-acclaimed institutions for higher education in Maharashtra and has a history of extending quality education at affordable fee ranges to aspirants. It offers its management courses through the Department of Business Management started in 1970. The university is a NAAC-rated ‘A’ grade institute that also has the approvals of UGC and AICTE. The MBA program offered at Nagpur University is a two-year full-time course that is offered in 7 specialisations, with a focus on hands-on learning through seminars, discussions, industry-visits and professional grooming. Education at Nagpur University is really affordable and pocket-friendly for students and the top placements at reputed firms and companies makes up for an excellent RoI after graduation. 

Find details pertaining to the MBA course at Nagpur University here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE, NAAC ‘A’
Course Duration	2 Years
Accepted Entrance Examinations	CET /CMAT /MAT etc.
Course Specialisations	Finance Management Marketing Management Human Resource Management (HRM) Operations Management  Business Analytics  Entrepreneurship Development  Business Analytics
Full Course Fees	INR 47,424
Placement Package	INR 3,50,000 P.A.

6) Dr. Ambedkar Institute of Management Studies and Research 

Dr. Ambedkar Institute of Management Studies and Research was started in 1987 as the Department of Management, a part of the Dr. Ambedkar College, Nagpur. Today, it is one of the best colleges for management education in Nagpur and Maharashtra. It is approved by the UGC and AICTE for its management programs and offers a 2-year MBA course in 7 specialisation domains. The course includes a number of facilities such as industrial sessions and visits, hands-on learning, research opportunities, professional training and grooming etc. The placements at Nagpur University are quite satisfactory with appealing pay packages being offered to the students. 

Further details about the course have been provided here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, AICTE
Course Duration	2 Years
Accepted Entrance Examinations	CAT/CMAT/MMS-CET
Course Specialisations	Marketing Management  Finance Management  Human Resource Management (HRM) Operations Management  Business Analytics  Entrepreneurship Development  International Business (IB) Management
Full Course Fees	INR 99,425
Placement Package	INR 2,60,000 P.A.

7) GS College of Commerce and Economics

Another top college affiliated to the Nagpur University, G. S. College of Commerce and Economics was established in Nagpur in 1945. It is a NAAC-accredited A-grade college that also has the approval of UGC and AICTE. The college has quite advanced features of infrastructure, pedagogy as well as a highly experienced faculty. The course offered here is an MBA degree of 2 years in the full-time mode. The course is approved by the AICTE and is offered to students in an affordable fee range. The placement services of the college are also quite efficient and offer job opportunities with quite appealing packages to MBA graduates. 

Important details about the course are provided here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	UGC, NAAC ‘A’, AICTE
Course Duration	2 Years
Accepted Entrance Examinations	CAT/XAT/MAT/GMAT/ATMA/CMAT/MAH-CET
Full Course Fees	INR 1,62,000
Placement Package	INR 5,75,000 P.A.

8) Central Institute of Business Management Research and Development (CIBMRD Nagpur)

The Central Institute of Business Management Research and Development or CIBMRD was established in 1994 in Nagpur. The major approval of CIBMRD is that from AICTE. It is also an AIMA-rated A grade institute. The MBA course provided here is also an AICTE-approved professional course, and is a full-time regular degree program. The available specialisations in this course include those like finance, marketing, HRM, operations, business analytics, entrepreneurship development and international business. The return on investment (RoI) of the college is also quite high, with an affordable fee range as well as appealing packages being offered for the job position. 

Here are key details about the MBA program offered at CIBMRD. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE, AIMA etc.
Course Duration	2 Years
Accepted Entrance Examinations	CAT/MAT/JMET/ATMA/MAH-MBA/MMS-CET/XAT
Course Specialisations	Financial Management Marketing Management Human Resource Management (HRM) Operations Management Business Analytics  Entrepreneurship Development International Business Management
Full Course Fees	INR 1,18,500
Placement Package	INR 3,60,000 P.A.

9) J. D. College of Engineering & Management

J.D. College of Engineering and Management is affiliated to the Dr. Babasaheb Ambedkar Technological University (DBATU). The college was established between the years 2009-2012 and has since then emerged as one of the prestigious and renowned colleges of the state for MBA education as well as engineering. It is approved by the DTE for its professional courses and is also an A grade institution of higher education as per NAAC-ratings. The MBA program offered here is a full-time PG management degree for which candidates are selected through the Maharashtra CET. The course is also placement-integrated, with the college partnering with top corporates and companies to bring highly paid job offers to students. 

Find further important details about the course at J. D. College of Engineering and Management. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	NAAC ‘A’ Grade, Directorate of Technical Education (DTE) etc.
Course Duration	2 Years
Accepted Entrance Examinations	MAH-CET
Course Specialisations	Finance Management  Marketing Management  Human Resource Management (HMR) Operations Management  Business Analytics  Entrepreneurship Development  International Business Management
Full Course Fees	INR 1,60,000
Placement Package	INR 3,50,000 P.A.

10) Nagpur Institute of Technology 

Nagpur Institute of Technology (NIT) is a top institute of Maharashtra and central India that was established in 2008. With approvals like those from AICTE and DTE in its basket, the institute provides premier management education to students. The MBA program at NIT is offered through the NIT Graduate School of Management. Some of the top features of the course include an affordable fee range, mentorship and supervision by experienced faculty members, training for placement, sufficient industry exposure etc. The full course fee for an MBA at NIT is INR 1.8 lakhs for two years and students also have the facility for paying the fee in instalments. The course is placement-integrated and companies from various corporate sectors hire candidates from the college.

Important details for the course have been provided here. 

Degree Offered	Master of Business Administration (MBA)
Accreditations	AICTE, DTE
Course Duration	2 Years
Accepted Entrance Examinations	MAH-CET/CAT/CMAT/MAT
Full Course Fees	INR 1,80,000
Placement Package	INR 1,80,000 P.A.

RoI of MBA Colleges in Nagpur 

When it comes to selecting the right college for pursuing an MBA from, the return on investment is one of the key factors to take into account as it gives an idea about how quickly one can regain their financial investments into the course through their placement.

Is MBA Worth It?	Is Online MBA Worth It?
How to Calculate Return on Investment?

The MBA colleges of Nagpur provide quite satisfactory RoI as the placement cells have industry connections to corporate giants and top firms from the public and private sectors. This helps in bringing job opportunities with appealing pay packages to the access of students. 

Here is a list of the full course fee for the MBA (equivalent courses) at the top management colleges of Nagpur along with the average CTC offered through final placement drives of the institutions for a comparison of the RoI. 

College/Institute	Full Course Fees	Average Placement Package
IIM Nagpur	INR 18,00,000	INR 16,74,000 P.A.
Institute of Management Technology (IMT), Nagpur	INR 14,50,000	INR 10,81,000 P.A.
Symbiosis Institute of Business Management, Nagpur	INR 6,19,250- INR 10,80,000	INR 11,50,000 P.A.
Datta Meghe Institute of Management Studies, Nagpur	INR 1,35,334	INR 6,47,000 P.A.
Department of Business Management, Nagpur University	INR 47,424	INR 3,50,000 P.A.
Dr. Ambedkar Institute of Management Studies and Research	INR 99,425	INR 2,60,000 P.A.
GS College of Commerce and Economics	INR 1,62,000	INR 5,75,000 P.A.
Central Institute of Business Management Research and Development (CIBMRD Nagpur)	INR 1,18,500	INR 3,60,000 P.A.
J. D. College of Engineering & Management	INR 1,60,000	INR 3,50,000 P.A.
Nagpur Institute of Technology	INR 1,80,000	INR 1,80,000 P.A.

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Top Recruiters of MBA Graduates in Nagpur 

Students graduating from Nagpur with an MBA degree can seek job opportunities in sectors such as marketing and advertising, healthcare, hospitality, financial firms and BFSI sectors, FMCG industries, research and consultancy, IT firms etc. as companies in these domains have partnerships and collaborations with the top MBA colleges of the city. 

Here is a list of some of the top recruiters of the various MBA colleges of Nagpur:

College/Institute/University	Top Recruiting Partners
IIM Nagpur	Deloitte  Thyssenkrupp  Amazon  TVS  Larsen & Toubro  OLX Berger  Yes Bank  Zycus Teach for India  Blue Star  Sutherland Tata Advanced Systems  JLL  BNY Mellon  Schindler etc.
Institute of Management Technology (IMT), Nagpur	Schneider Electric Dell  Dabur  Capgemini  Bain & Co  Deloitte  Barclays  Crisil  HSBC KPMG  Ernst & Young  Mahindra Finance   Wipro  Sutherland  Cognizant etc.
Symbiosis Institute of Business Management, Nagpur	Deloitte  Reliance Retail  Schindler  Siemens  HDFC Bank  ICICI Home Finance Schneider Electricals Piramal Realty  Kotak Mahindra Bank  SBI General Insurance upGrad  Genpact  Times of India  Tata Power Haldiram  Parle etc.
Datta Meghe Institute of Management Studies, Nagpur	Dalmia Group Wipro  Bajaj Allianz  Tata Consultancy Services (TCS) SBI Life  Aditya Birla Capital  Axis Bank  Vi  Cognizant Piramal  Adani  Vivo DTDC Reliance  Unacademy  Flipkart etc.
Department of Business Management, Nagpur University	ICICI Prudential Tata Consultancy Services (TCS) Micropro Kotak Life Infosys Swiggy  Kotak Mahindra Bank  State Bank of India Nagpur Metro Cognizant  Reliance Jio Axis Bank  Capgemini etc.
Dr. Ambedkar Institute of Management Studies and Research	ITC Ltd.  Axis Bank HDFC-AMC Reliance Jio Mart Vivo Mobiles Tata Consultancy Services (TCS) HDFC Bank IDFC Bank  Sudarshan Chemicals Allied Analytics Dalmia Cements  Whitesnow Software Fullerton India Motilal Oswal etc.
GS College of Commerce and Economics	Tata Consultancy Services (TCS) Wipro  Tech Mahindra  Bajaj  HDFC Bank  Axis Bank etc.
Central Institute of Business Management Research and Development (CIBMRD Nagpur)	Airtel Colgate  Reliance Bajaj Allianz Asian Paints  Life Insurance Corporation of India (LIC) etc.
J. D. College of Engineering & Management	Byju’s Intellipaat  Tata Consultancy Services (TCS) HCL  Amazon  Infosys  Wipro  Vodafone  Tech Mahindra  Extramarks  Cognizant etc.
Nagpur Institute of Technology	HCL  Audi  Bosch  Wipro  Tata Consultancy Services (TCS) Havells  Reliance  ITC Ltd.  Mahindra  Axis Bank  ICICI Bank  Amul  Vodafone  Airtel  Kotak etc.

Online MBA Colleges in Nagpur 

With the advancement in technology in the education sector, you need not restrict your options for the best education to a city or region of a state. With the advent of online education and the recognition given to online degrees by the UGC in India, many top institutions have now started offering fully online MBA courses to students that are considered equivalent to offline regular MBA degrees (as per the mandate by UGC Distance Education Bureau). 

Pursuing a full-time online MBA can confer many advantages to students such as the benefit of being able to pursue the degree from any best management institute across the nation, a pocket-friendly fee range, excellent placement services, industry connect as well flexibility of learning or pursuing other ventures alongside. 

Here is a list of some of the best online MBA degrees and well-approved colleges that offer the degree in India. 

University	Location	Course	Mode
Manav Rachna University Online	Faridabad	Master of Business Administration (MBA)	Online Learning Mode (OL)
ICFAI Online	Hyderabad (Main Campus)	Master of Business Administration (MBA)	Online Learning Mode (OL)
Lovely Professional University (LPU) Online	Phagwara	Master of Business Administration (MBA)	Online Learning Mode (OL)
Great Lakes Institute of Management	Chennai	Post Graduate Diploma in Management (PGDM)	Online Learning Mode (OL)
Dr. D. Y. Patil Vidyapeeth, Pune	Pune	Master of Business Administration (MBA)	Online Learning Mode (OL)
Jain Online	Bangalore	Master of Business Administration (MBA)	Online Learning Mode (OL)
Datta Meghe Institute of Management Studies (DMIMS) Online	Nagpur	Master of Business Administration (MBA)	Online Learning Mode (OL)
UPES Online	Dehradun	Master of Business Administration (MBA)	Online Learning Mode (OL)

Best Paid MBA Online Specialization

MBA Finance Online	MBA Marketing Online
MBA HR Online	MBA Operations Online
MBA IT Online	MBA Business Analytics Online
MBA International Business Online	MBA Data Science Online
MBA Project Management Online	MBA Digital Marketing Online
MBA Banking and Finance Online	MBA General Online

Conclusion 

So it can be seen that Nagpur is quite rich in its educational culture and is one of Maharashtra’s best cities to take up an MBA from. There are a number of public and private universities and institutes in Nagpur that offer the course with best student services and placement facilities. Students seeking management education at the PG level can surely consider Nagpur for pursuing an MBA course.