Top MBA Colleges in Nagpur | Course, Fees, Rank, Placements

Top MBA Colleges in Nagpur

Nagpur, the vibrant city in the heart of India, is not just known for its rich cultural heritage and bustling commercial activities but also for its burgeoning educational landscape. With a keen focus on grooming future business leaders, Nagpur hosts several esteemed MBA colleges renowned for their academic excellence, industry connections, and holistic approach to Management education. Aspiring management professionals flock to Nagpur to leverage the unparalleled opportunities offered by these institutions, which combine rigorous coursework with real-world experiential learning, preparing students to thrive in today's dynamic business environment.

 Pursuing higher education from the top MBA colleges in Nagpur can provide candidates with excellent career opportunities and a strong foundation in Business Management. These institutions boast state-of-the-art infrastructure, distinguished faculty, and robust placement records, attracting top talent from across the country. From fostering entrepreneurial spirit to nurturing leadership skills, the top MBA colleges in Nagpur offer a transformative educational experience that equips graduates with the knowledge, skills, and network necessary to excel in the global marketplace.

List of Top MBA Colleges in Nagpur:

Nagpur, a city in the state of Maharashtra, India, is home to several prestigious MBA colleges that offer a diverse range of programs.  Renowned for their academic excellence, industry-relevant curriculum, and state-of-the-art infrastructure, these institutions stand as beacons of opportunity for those eager to hone their leadership skills and advance their careers in the dynamic world of business.

Following is the lists of some of the top MBA colleges in Nagpur are listed below.

S. No.

Name of College

1.        

Indian Institute of Management (IIM), Nagpur

2.

ABM College Nagpur

3.        

Department of Business Management, Nagpur University

4.        

Datta Meghe Institute of Management Studies

5.        

Shri Ramdeobaba College of Engineering and Management

6.        

Govindarao Sekaria Arth Vanijya College

7.        

Dr. Ambedkar Institute of Management Studies and Research

8.        

Tirpude Institute of Management Education

9. 

Institute of Management Technology (IMT), Nagpur

10. 

CP and Berar Arts Commerce College

11. 

Symbiosis Institute of Business Management

12. 

GH Raisoni College of Engineering and Management

13. 

Central Institute of Business Management Research & Development (CIBMRD)

14. 

JD College of Engineering and Management

15.

Wainganga College of Engineering and Management

List of Top MBA Colleges in Nagpur According to NIRF Ranking 2023:

Nagpur, a bustling city in Maharashtra, India, holds a distinguished place with its array of MBA colleges. In the pursuit of excellence, the NIRF ranking provides a benchmark, offering insights into the top educational institutions across various domains. For those seeking to embark on their MBA journey in Nagpur, the NIRF rankings for 2023 will serve as a compass, guiding prospective candidates towards the premier institutions that have demonstrated exceptional academic standards, infrastructure, and faculty expertise.

Following is the lists of some of the top MBA colleges in Nagpur with their respective NIRF rankings for 2023 are listed below:

S. No.

Rank

Name of College

1.        

43rd

Indian Institute of Management (IIM), Nagpur

2.

151 – 200

Shri Ramdeobaba College of Engineering and Management

3.        

151 – 200

GH Raisoni College of Engineering and Management

Entrance Exams Accepted by Top MBA Colleges in Nagpur:

Central to the admission process are the entrance exams, acting as the gateway for talented candidates to embark on their journey towards managerial excellence. From the bustling corridors of academia to the dynamic boardrooms of industry, these exams serve as the litmus test for aptitude, knowledge, and ambition.

Following is the list of the entrance exams that are accepted by top MBA Colleges in Nagpur.

Top MBA Colleges in Nagpur: Eligibility Criteria, Admission Criteria, Scholarship &Reviews

1. Indian Institute of Management (IIM), Nagpur

  • Eligibility – Graduation
  • Admission Criteria – It is based on entrance tests only. Candidates need to clear Group Discussions and a Personal Interview round.
  • Scholarship – The institute offers its students scholarships and financial aid like – Merit Cum Means Scholarship for Professional and Technical Courses, Rajarshi Shahu Maharaj Merit Scholarship to SC students – Maharashtra, and Chief Minister Fellowship Yojana (CMFY) – Jharkhand.
  • Reviews – 4.3/5

2. ABM College Nagpur

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates need to clear Group Discussions and a Personal Interview round.
  • Scholarship – N/A
  • Reviews –  N/A

3. Department of Business Management, Nagpur University

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates need to clear a Personal Interview round and a written test.
  • Scholarship – N/A
  • Reviews –  3.9/5

4. Datta Meghe Institute of Management Studies

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – N/A
  • Reviews –  4.2/5

5. Shri Ramdeobaba College of Engineering and Management

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – This institute provides a variety of scholarships to its students such as – Scholarship for top performers in Academics, Student of the year, Research Scholarship for Students, Incentives for achievers in sports, and many more.
  • Reviews –  4/5

6. Govindarao Sekaria Arth Vanijya College

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – N/A
  • Reviews – N/A

7. Dr. Ambedkar Institute of Management Studies and Research

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – N/A
  • Reviews –  4.2/5

8. Tirpude Institute of Management Education

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – N/A
  • Reviews –  4.2/5

9. Institute of Management Technology (IMT), Nagpur

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – Students are offered with two kinds of scholarships – Special Scholarship, and Smt Leela Nath memorial scholarship.
  • Reviews –  4.1/5

10. CP and Berar Arts Commerce College

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – N/A
  • Reviews –  4.4/5

11. Symbiosis Institute of Business Management

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – N/A
  • Reviews –  4.4/5

12. GH Raisoni College of Engineering and Management

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – This institute offers two kinds of scholarships to its students namely – E-scholarship for reserve category candidates, and Post Metric Scholarship for ST candidates.
  • Reviews – 3.7/5

13. Central Institute of Business Management Research & Development (CIBMRD)

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – N/A
  • Reviews – 4.2/5

14. JD College of Engineering and Management

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – The students are offered with a variety of scholarships such as – Merit scholarships at the time of admission, for SC/ST/VJ/NT/DT/SBC candidates, for SEBC/OBC candidates, Minority Category (Muslim, Sikh, Jain, Christian, Parsi, Nav Buddha), and open category candidates having family income of less than INR 8 LPA (CTC).
  • Reviews – 4/5

15. Wainganga College of Engineering and Management

  • Eligibility – Graduation with a minimum aggregate of 50%.
  • Admission Criteria – It is based on entrance tests and merit. Candidates might need to appear for Group Discussions and a Personal Interview round.
  • Scholarship – N/A
  • Reviews – 3.6/5

Top MBA Colleges in Nagpur – Return On Investment (ROI)

The return on investment (ROI) is a crucial factor to consider when choosing an MBA college. In Nagpur, several institutions offer a satisfactory ROI, making them attractive options for prospective candidates. The ROI is calculated based on the average placement package and the average annual fee, providing insights into the profitability of pursuing an MBA at a particular college. 

Following is the list of all the top MBA Colleges in Nagpur with their ROI statement shedding light on the financial benefits that candidates can expect upon graduating from these esteemed institutions.

Name of College

Fee Structure

Placements

Indian Institute of Management (IIM), Nagpur

 

INR 18.9 L

Highest CTC – INR 64 LPA

Average CTC – INR 16.74 LPA

ABM College Nagpur

INR 1.2 L

N/A

Department of Business Management, Nagpur University

INR 47 K

N/A

Datta Meghe Institute of Management Studies

INR 2 L

Highest CTC – INR 8 LPA

Average CTC – INR 5-6 LPA

Shri Ramdeobaba College of Engineering and Management

INR 2 L

Highest CTC – INR 48 LPA

Average CTC – INR 5.7 LPA

Govindarao Sekaria Arth Vanijya College

INR 1.8 L

N/A

Dr. Ambedkar Institute of Management Studies and Research

INR 1.7 L

Highest CTC – INR 6.5 LPA

Average CTC – INR 2.6 LPA

Tirpude Institute of Management Education

INR 2.1 L

Highest CTC – INR 8 LPA

Average CTC – INR 3 LPA

Institute of Management Technology (IMT), Nagpur

INR 14 L

Highest CTC – INR 23.57 LPA

Average CTC – INR 10.81 LPA

CP and Berar Arts Commerce College

INR 70 K

N/A

Symbiosis Institute of Business Management

INR 10 – 16 L

Highest CTC – INR 18 LPA

Average CTC – INR 11.5 LPA

GH Raisoni College of Engineering and Management

INR 1.30 L

Highest CTC – INR 17.5 LPA

Average CTC – INR 4.5 LPA

Central Institute of Business Management Research & Development (CIBMRD)

INR 1.18 L

Highest CTC – INR 7.2 LPA

Average CTC – INR 3.6 LPA

JD College of Engineering and Management

INR 1.6 L

Highest CTC – INR 8-9 LPA

Average CTC – INR 4 LPA

Wainganga College of Engineering and Management

INR 1.8 L

Highest CTC – INR 2.2 LPA

Average CTC – N/A

Specializations Offered by Top MBA Colleges in Nagpur and its best opportunities:

The top MBA colleges in Nagpur boast a plethora of specialized programs tailored to meet the dynamic demands of the global business environment. These specializations provide students with an opportunity to gain in-depth knowledge and expertise in a particular area of business management, enhancing their career prospects and employability. Some of the popular specializations are listed below.

  • Marketing
  • Finance
  • Human Resource Management
  • Operations Management
  • Information Technology

Conclusion:
In conclusion, the top MBA colleges in Nagpur stand as beacons of excellence in the field of Management education, offering not just theoretical knowledge but also practical skills and real-world experiences to equip candidates for success in today's dynamic business landscape. With their commitment to academic rigor, industry relevance, and holistic development, these institutions continue to shape the next generation of leaders and entrepreneurs.

These institutions have also been recognized for their academic excellence, industry-relevant specializations, and strong placement records. Prospective candidates can therefore make well-informed decisions by considering the ROI, admission criteria, and the unique attributes of each college, ensuring a rewarding and successful academic and professional journey in the field of Management.

FAQs:

Q1. What are some of the top MBA colleges in Nagpur?

Ans. Some of the top MBA colleges in Nagpur include IMT Nagpur (Institute of Management Technology), GH Raisoni Institute of Management and Research, Dr. Ambedkar Institute of Management Studies and Research, Datta Meghe Institute of Management Studies, etc.

Q2. What are the admission criteria for these MBA colleges in Nagpur?

Ans. Admission criteria vary among colleges but generally include a Bachelor's degree from a recognized university, a good score in entrance exams like CAT, XAT, CMAT, or MH-CET, and performance in group discussions and personal interviews.

Q3. What specializations are offered in MBA programs in Nagpur colleges?

Ans. MBA colleges in Nagpur typically offer specializations such as Marketing, Finance, Human Resources, Operations Management, Information Technology, and International Business, among others.

Q4. Are there any scholarships or financial aid available for MBA candidates in Nagpur?

Ans. Some MBA colleges in Nagpur offer scholarships based on academic performance, merit, or financial need. Additionally, candidates can explore government scholarships, bank loans, or other financial aid options available to support their MBA studies.

Q5. What are the placements opportunities like for MBA graduates from Nagpur colleges?

Ans. Placement opportunities for MBA graduates in Nagpur are diverse, with candidates often securing roles in various sectors such as banking, finance, consulting, IT, manufacturing, and more. Many colleges have dedicated placement cells that assist candidates in securing internships and job placements with reputed companies.

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