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MBA Colleges in Nagpur: Best Colleges, Fees, Ranking

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Nagpur, the third-largest city in Maharashtra, is known worldwide for its delicious oranges and dense national parks teeming with tigers. In recent years, the city has come a long way. Due to rapid urbanisation and the IT boom, Nagpur has evolved into an educational hub for management studies. The city boasts over 65 MBA colleges, including top institutions such as IIM Nagpur, Ramdeobaba University, Symbiosis Institute of Business Management, Central Institute of Business Management, and Datta Meghe Institute of Management Studies.

However, it's important to note that not all 65 MBA colleges are equal. They differ in terms of academic excellence, rankings, fees, and admission criteria. The right college is one that meets your requirements and aligns with your career objectives. To help you make an informed decision, we have curated a list of MBA colleges in Nagpur based on their reputation, NIRF ranking, fee structure, admission process, and placement record.
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MBA Colleges in Nagpur - Certified, Reputable, Well-Accredited Colleges

If you don’t know about the certified, reputed, and approved MBA colleges, you might end up getting admission into an unreliable college in Nagpur. And getting admission to any unverified MBA college not only can spoil your whole career but also can waste both your time and money. So, be a good observer and make your choice on the basis of the reputation of your college. We have brought to you the list of top 5 MBA colleges with their certification, accreditation, and reputation.

College Name

Accreditation / Recognition

Notable Rank / Highlight

IIM Nagpur

AICTE, AACSB, EQUIS

Recently launched IIM with strong corporate tie-ups

Ramdeobaba University of Management (RCOEM)

NAAC A+, NBA (Mgmt)

Consistent NIRF presence among top private colleges

Symbiosis Centre for Management Studies (SCMS), Nagpur

UGC-DEB, AICTE

Strong Symbiosis brand and alumni network

Datta Meghe Institute of Management Studies (DMIMS)

UGC, NAAC A

Integrated with DMIMS University

Central Institute of Business Management (CIBMRD)

NAAC accredited

Good local industry connections and placements

 

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Best MBA Colleges in Nagpur with NIRF Ranking

Studying at a college with a poor ranking can often lead to devastating consequences for students. A low or non-existent ranking is usually a red flag, indicating potential issues such as a damaged reputation, inexperienced faculty, or an outdated curriculum. However, there’s no need to worry—Nagpur is home to several top-ranked MBA colleges that offer quality education and excellent career prospects. Since pursuing an MBA from a reputable institution is key to long-term success, we have compiled a list of the best MBA colleges in Nagpur with top NIRF rankings to help you make the right choice.

College

NIRF 2024 Rank (Management)

NIRF 2023 Rank

Approx. Fee (₹)

IIM Nagpur

31 / 125 nationally

43 / 125

~18.9 L for MBA

IMT Nagpur (PGDM)

31 / 125 nationally

In 101–125 band

~13.8 L for PGDM

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MBA Colleges in Nagpur with Affordable Fees

For many students, meeting the financial expenses of higher education can be incredibly challenging. Pursuing an MBA from a top college can be even more financially frustrating, as these institutions often charge high fees. However, this is not entirely true when it comes to pursuing an MBA in Nagpur. Affordable colleges with cost-effective education systems are available in Nagpur for MBA. Here is the list for references.

College

Program Type

 

Total Fee (Approx.)

 

Flagship Specialization(s)

IIM Nagpur

MBA (2 years)

₹21.5 L

General Management, Operations, Strategy, Analytics

IMT Nagpur

PGDM (MBA-equivalent)

₹15 L

Marketing, Finance, Business Analytics

Symbiosis Institute of Business Management (SIBM), Nagpur

MBA

₹10–16 L

Marketing, HR, Finance

Shri Ramdeobaba College of Engineering & Management (RCOEM)

MBA

₹4.50 – 10 L

Marketing, Finance, HR

Tirpude Institute of Management Education (TIME)

MBA

₹2.05 L

Marketing, International Business

Datta Meghe Institute of Management Studies (DMIMS)

MBA

₹2.17 L

Finance, Operations, Business Analytics

Dr. Ambedkar Institute of Management Studies & Research

MBA

₹1.74 L

Finance, HRM, Entrepreneurship

G.H. Raisoni College of Commerce & Economics

MBA

₹1.8 L

Marketing, Finance, HR

RTMNU – Dept. of Business Management (Nagpur University)

MBA

₹47,424

Finance, Marketing, Human Resource Management

Note: The fees mentioned above exclude the hostel fee, which is subject to change at the discretion of the university. For the latest updates or any possible changes in fees, please check the university's official website.

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MBA Colleges in Nagpur without CAT for Admission

While entrance tests are important for admission, they can create significant pressure and stress for students. MBA colleges in Nagpur seem to recognize this concern, as many of them accept multiple national-level entrance exams for admission into their certified MBA programs. The best part is that admission to an MBA program in Nagpur is possible even without a CAT score.

Any eligible student with a bachelor’s degree from a government-approved university and a valid score in exams such as NMAT, GMAT, XAT, or MAT—besides CAT—can expect a smooth admission process at several top MBA institutions in the city. Here are some of the reputed MBA colleges in Nagpur that accept scores from national-level entrance exams equivalent to CAT.

College

Alternative Exams Accepted

Interview Required

RTMNU – Dept. of Business Management

MAH-CET, CMAT, MAT, XAT

Yes

Tirpude Institute of Management Education (TIME)

MAH-CET, CMAT, MAT, XAT, ATMA

Yes

Datta Meghe Institute of Management Studies (DMIMS)

MAH-CET, CMAT, MAT, XAT, GMAT, ATMA

Yes

Dr. Ambedkar Institute of Management Studies

MAH-CET, CMAT, MAT, ATMA

Yes

G.H. Raisoni College of Commerce & Economics

MAH-CET, CMAT, MAT

May be required

 

G.H. Raisoni Institute of Management & Research

MAH-CET, CMAT, XAT, MAT

Yes

Green Heaven Institute of Management & Research

MAH-CET, CMAT, MAT

Yes

JD College of Engineering & Management

MAH-CET, CMAT, XAT, MAT, ATMA

Yes

Dr. Panjabrao Deshmukh Inst. of Management & Research

MAH-CET, CMAT, MAT

Yes

NIT Graduate School of Management (NIT-GSM)

MAH-CET, CMAT

Yes

MBA Colleges in Nagpur with Best Placement Rate

Over the years, Nagpur has emerged as a powerhouse of management studies for Bachelor and Master’s degrees in the country. Most of the students from top MBA institutions and universities of the city are often hired by the tech, finance, and e-commerce giants. With a growing industrial base and a strong academic ecosystem, Nagpur's MBA graduates are now competing on a national level with their peers from metro cities. Here are the top MBA colleges in Nagpur with their best placement rates and average salary packages.

College

Placement Rate

Average Package

Highest Package

Top Recruiters & Highlights

IIM Nagpur

100 % for 2023–25 batch

₹18.07 LPA (avg)

₹69.57 LPA

Recruiters: Microsoft, Amazon, Deloitte, Adani, BNP Paribas; 4 international offers

IMT Nagpur (PGDM)

~84 % (ongoing 2024)

₹11 LPA

₹36.33 LPA

Recruiters: HDFC Bank, KPMG, Deloitte, E&Y

Datta Meghe Institute of Mgmt Studies

~84 %–90 % (2019–21 data)

₹7 LPA

₹14 LPA

Recruiters: Amazon, Colgate, ICICI, Vivo, D‑Mart

Dr. Ambedkar Institute of Mgmt Studies

~60 % (2022)

₹5 LPA

₹10 LPA

Recruiters: HDFC Bank, ITC, Axis Bank, Vivo

SB Jain Institute of Technology, Mgmt & Research

Not specified (engineering & MBA)

₹5 LPA

₹12 LPA

Recruiters include HCL (39), Capgemini, Tech Mahindra, Infosys, Unilever, ICICI Bank

Tulsiramji Gaikwad‑Patil College (TGPCET)

75.6 % (all streams incl. MBA)

₹4.5 LPA

₹8 LPA

Recruiters: TCS, Cognizant, Reliance Jio

Note: The figures provided are indicative and meant to give a general idea about the universities. Actual data and figures may vary.

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Distance and Online MBA Colleges in Nagpur

Online and distance MBA colleges not only aid in equipping individuals with the skills, knowledge, and mindset necessary to lead an organisation but also help them to make a successful professional career in the corporate world. The best part is, online and distance mode of studies are carried out virtually. It means, the working students can study further while working and living in their own city, getting the best of both worlds. These are some of the popular online and distance MBA colleges in Nagpur allowing students to pursue well-structured MBA Program tailored to working professionals from diverse background.

Institution

Mode

Entrance Exams

Key Highlights

MIT School of Distance Education (MIT SDE), Nagpur

Distance – fully online

None/N/A (Graduate eligibility)

₹90,000; flexible learning, industry-aligned curriculum, placement cell

Symbiosis Centre for Distance Learning (SCDL)

Distance

CAT, MAT, SNAP, XAT (others may apply)

UGC-DEB & AICTE approved, postcards on placement support, ₹69–74 k

IIM Nagpur Online MBA

Blended (online + camps)

IIMN’s proprietary test

2‑yr live program with 4 campus immersions, ₹12.1 L

D.Y. Patil University (DPU‑COL)

Online

MAT, CAT, University Test

UGC-DEB & AICTE recognized, multi-specialization support

NMIMS Global Access School for Continuing Education

Online / ODL

NPAT

UGC-DEB & NAAC A+, ~100% placement, multiple specializations

IGNOU

Distance

OPENMAT

NAAC A++; total fee ₹37,800; government-backed, high credibility


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Writen By:

Pawan Rawat

Pawan Rawat

Pawan Rawat is a full-stack content writer with expertise in crafting research-based educational blogs and articles, paying close attention to detail. He has mastered the art of creating SEO-optimized content for websites. When he's not working to pay the bills, he spends his time lifting weights at the gym, clicking random photos, reading books, or planning his next adventure.