MBA Colleges in Nagpur: Best Colleges, Fees, Ranking

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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