In the heart of Maharashtra, Nagpur is a developing industrial and educational centre, with more than 60 MBA colleges offering various management courses. IT, manufacturing, and logistics industries are booming. Hence, the best MBA colleges in Nagpur offer AICTE/UGC-approved programs in Finance, Marketing, Human Resources, and Operations. A reasonable fee structure, along with good placement records, makes Nagpur an appealing city for pursuing an MBA.
Top 10 MBA Colleges in Nagpur (2024 Ranking)
The Top 10 MBA colleges in Nagpur, based on NIRF 2024 rankings and reputation, are:
|
College Name |
NIRF 2024 Rank |
Entrance Exam |
Average Placement (? LPA) |
|
IIM Nagpur |
43 |
CAT |
15.42 |
|
Institute of Management Technology (IMT) |
Not Ranked |
CAT/XAT/CMAT |
9.60 |
|
Symbiosis Institute of Business Management (SIBM) |
Not Ranked |
SNAP |
8.50 |
|
Shri Ramdeobaba College of Engineering & Management |
Not Ranked |
MAH CET/CMAT |
5.50 |
|
Dr. Ambedkar Institute of Management Studies & Research |
Not Ranked |
MAH CET/CMAT |
4.50 |
|
Tirpude Institute of Management Education |
Not Ranked |
MAH CET/MAT |
4.80 |
|
G.H. Raisoni College of Engineering |
Not Ranked |
MAH CET/CMAT |
5.00 |
|
Central Institute of Business Management (CIBMRD) |
Not Ranked |
MAH CET/MAT |
4.20 |
|
Rashtrasant Tukadoji Maharaj Nagpur University (RTMNU) |
Not Ranked |
MAH CET |
4.00 |
|
Datta Meghe Institute of Management Studies |
Not Ranked |
MAH CET/CMAT |
4.30 |
Best 5 Government MBA Colleges
These are the Top Government MBA colleges in Nagpur that offer cost-effective, quality education:
|
College Name |
NIRF 2024 Rank |
Entrance Exam |
Average Placement (? LPA) |
|
IIM Nagpur |
43 |
CAT |
15.42 |
|
RTMNU Department of Business Management |
Not Ranked |
MAH CET |
4.00 |
|
G.S. College of Commerce & Economics |
Not Ranked |
MAH CET |
3.80 |
|
Dhanwate National College |
Not Ranked |
MAH CET |
3.50 |
|
Nabira Mahavidyalaya |
Not Ranked |
MAH CET |
1.92 |
Best 5 Private MBA Colleges
These are the Top Private MBA colleges in Nagpur that provide modern facilities and robust placements, but the fees are higher than those of a Government MBA College.
|
College Name |
NIRF 2024 Rank |
Entrance Exam |
Average Placement (? LPA) |
|
IMT Nagpur |
Not Ranked |
CAT/XAT/CMAT |
9.60 |
|
SIBM Nagpur |
Not Ranked |
SNAP |
8.50 |
|
Shri Ramdeobaba College |
Not Ranked |
MAH CET/CMAT |
5.50 |
|
Tirpude Institute |
Not Ranked |
MAH CET/MAT |
4.80 |
|
Dr. Ambedkar Institute |
Not Ranked |
MAH CET/CMAT |
4.50 |
Part-Time MBA Options in Nagpur
Part-time MBA colleges in Nagpur cater to working professionals:
-
RTMNU: RTMNU offers a 3-year MBA program with Flexible learning options for students. THE MAH CET exam Score is required for admission, and the fees for the MBA Program are ~?0.60 lakhs.
-
Dr. Ambedkar Institute: University provides evening classes to students in the MBA program. CMAT/MAH CET Exams Are required for Admission. The fees for the MBA program are ~?1.20 lakhs.
-
Tirpude Institute: The Tirpude Institute also offers flexible schedules, but an Exam like the MAT/MAH CET is necessary for admission. The fees are ~?1.50 lakhs for MBA.
These programs allow professionals to balance work and study with the flexible MBA Program of These Top Universities.
Distance Learning MBA Colleges
Students can also go with Distance learning MBA colleges in Nagpur, which offer flexible learning to Students.
-
IGNOU Nagpur Regional Centre: IGNOU offer a 2-year MBA program to students with a flexible Learning schedule. But IndrGandhi National Open University Take admission based on the OPENMAT/merit procedure. The Fees of the program are ~?0.40 lakhs.
-
YCMOU Nagpur Study Centre: The University is UGC-approved and provides a distance learning MBA Option with only fees of ~?0.50 lakhs.
-
Symbiosis Centre for Distance Learning: SCDL provides Online and distance MBA, with affordable fees ~?0.60 lakhs.
- These are ideal for students seeking affordable, self-paced education.
Fee Structure Comparison
Fees for TOP MBA colleges in Nagpur range from ?0.47–18 lakhs:
|
College Name |
Fees (? Lakhs) |
|
IIM Nagpur |
18.00 |
|
IMT Nagpur |
10.50 |
|
SIBM Nagpur |
8.00 |
|
RTMNU |
0.47 |
|
Tirpude Institute |
2.05 |
Admission Guidelines & Required Qualifications
Eligibility:
-
Graduate with a minimum of 50% marks (45% for SC/ST) from a recognised university.
-
Entrance examination scores of CAT, CMAT, MAH CET, MAT, XAT, SNAP, and GMAT.
Process:
-
Register with your entrance exam scores.
-
Participate in GD/PI (60% weightage on entrance score, 20% GD/PI, 20% academic record).
-
Complete document submission (10th/12th mark sheets and graduation certificate).
Top MBA colleges in Nagpur, such as IIM Nagpur, also expect CAT scores above the 90th percentile.
A Top University that provides good Placement & Statistics.
These are The Best MBA colleges in Nagpur in terms of Placement Statistics.
IIM Nagpur: IIM Nagpur is one of the known MBA colleges in India, as well as in Nagpur. The University Claims Average MBA Package of 15.42 LPA, with a highest of ~64 LPA.with Top Recruiters - Deloitte, Amazon.
IMT Nagpur: IMT Nagpur is also in the list of colleges that provide Good placement with an Average Package of ~9.60 LPA. Recruiters - TCS, HCL.
SIBM Nagpur: SIBM University Claims Average Package of -8.50 LPA. Recruiters - HDFC Bank, EY.
These statistics reflect the high placement rates driven by Nagpur's IT and manufacturing sectors.
How To Choose the Best MBA College in Nagpur
Use this checklist if you are also looking to take admission in the best MBA College in Nagpur.
Checklist:
Placement: See the placement record of top MBA colleges in Nagpur, like IIM Nagpur, which stands at ~15.42 LPA.
Fees vs. ROI: Compare fees with the return On Investment that the University provides, like RTMNU has a high ROI at approximately ?0.47 lakhs.
Accreditation: Verify whether the university is AICTE/UGC recognised, like SIBM or IMT, which are top universities with UGC recognition.
Specialisations: Choose only the specialisation you want to pursue. IIM covers all Finance requirements to aid career.
Infrastructure: Check what the faculty and Facilities of the Universities provide to the students in their MBA fees.
NIRF rankings and alumni - Take a review of the University from its notable alumni
FAQs About MBA in Nagpur
Which is the best MBA college in Nagpur?
IIM Nagpur with NIRF 43rd rank. The average package stands at ~?15.42 LPA.
What are the lowest in terms of cost options for an MBA?
RTMNU (about ?0.47 Lakhs) and G.S. College (around 0.60 Lakhs).
Are there PMBAs?
Yes, part-time MBA colleges in Nagpur, such as RTMNU, offer flexible programs.
What about distance learning?
IGNOU has distance learning MBA colleges in Nagpur. They offer affordable courses.
Which exams are required?
CAT, CMAT, MAH CET, MAT, XAT, SNAP.
