Best MBA colleges in Nagpur — Fees, Admission, Courses, Placements

Azednews
4 min readMar 28, 2024

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Best MBA colleges in Nagpur — Fees, Admission, Courses, Placements

Are you looking for the best MBA colleges in Nagpur? Then you’ve come to the right place. For many, earning an MBA or Master of Business Administration degree has become a crucial step in their professional development.

Click here to get into the Best MBA colleges in Nagpur today!

As part of these management courses, students can choose from a number of specializations to achieve their career goals. Nagpur is located in Maharashtra’s north-eastern region. As far as infrastructure is concerned, it is one of Maharashtra’s most developed cities. The city of Nagpur is home to a large number of reputed and accredited management institutes that offer MBA degrees.

Top MBA Colleges in Nagpur

Here are some of the top MBA colleges in Nagpur. Let’s have a look at them:

1. IIM Nagpur

  • Among the best MBA colleges in India, IIM Nagpur ranks first.
  • It has produced accomplished professionals who can provide valuable career guidance to aspiring students and assist businesses in growing and expanding.
  • A master’s degree program at IIM Nagpur is fully funded by the Government of India, and another is partially funded by the Foreign Office.

Eligibility: Graduation with 50%

Admission: Requires CAT score

Fees: ₹18 Lakhs

Hostel Facilities: ₹20,000 per semester

Placement Rate: 100%, average salary ₹16.85 LPA

2. Institute of Management Technology

  • In Nagpur and throughout India, Nagpur’s Institute of Management Technology is a world-class management institute.
  • This institute offers top-of-the-line management courses and a robust education system.
  • The institute offers both regular full-time courses and executive courses.

Eligibility: Graduation with 50%

Admission: Requires CAT/XAT/GMAT score

Fees: ₹14.5 Lakhs

Hostel Facilities: ₹15,200 per semester

Placement Rate: More than 95%, average salary ₹13.25 LPA

3. G.S. College of Commerce and Economics

  • A top MBA college in Nagpur is G.S College of Commerce and Economics.
  • Founded and operated by Rashtrasant Tukadoji Maharaj, this institute offers MBAs and integrated courses across management streams.
  • Courses designed to help students explore a variety of career options require students to take on high-level responsibilities.
  • In addition, this is one of the MBA colleges in Nagpur with the lowest fees and the best placement assistance.

Eligibility: Graduation with 50%

Admission: Merit-based

Fees: ₹1.8 Lakhs

Hostel Facilities: Yes

Placement Rate: 100%, average salary ₹6.25 LPA

Also Read: Top MBA in Business Analytics Colleges in India

4. Priyadarshini Lokmanya Tilak Institute of Management Studies & Research

  • The Priyadarshini Lokmanya Tilak Institute of Management Studies & Research in Nagpur provides technical education with a social impact.
  • In addition to offering specializations in finance, HR, marketing, management, analytics intelligence, and accounting, this is one of the MBA colleges in Nagpur with low fees.
  • The campus is surrounded by a beautiful landscape and offers all the modern amenities needed for academic pursuits and recreation.

Eligibility: Graduation with 50%

Admission: Merit-based

Fees: ₹1.6 Lakhs

Hostel Facilities: Yes

Placement Rate: More than 70%, average package ₹6.5 LPA

5. Dr Panjabrao Deshmukh Institute of Management Technology and Research

  • MBA courses are taught in classrooms equipped with the latest technology at Panjabrao Deshmukh Institute of Management Technology.
  • Hostels on the sprawling campus are available for those seeking a comfortable stay.
  • Due to its tenacity and growing intake of 60 students each year, it has gained a reputation as one of the best MBA colleges in Nagpur.

Eligibility: Graduation with 50%

Admission: Requires MAH CET score

Fees: ₹2.1 Lakhs

Hostel Facilities: ₹60,000 per year

Placement Rate: 70% to 80%, average salary offered ₹4 to 5 LPA

6. Real Institute of Management and Research

  • The Real Institute of Management and Research is one of the top MBA colleges in Nagpur.
  • Their MBA programs offer specializations in technology and management.
  • Students interested in studying at international campuses can choose from Pune and Mumbai, which are nearby.
  • RIMR offers MBAs worldwide through its International Exchange Programme.
  • Faculty members who keep up with industry trends benefit students.

Eligibility: Graduation with 50%

Admission: Requires MAH MBA CET score

Fees: ₹1.9 Lakhs

Hostel Facilities: No

Placement Rate: More than 85%, average package ₹3.6 LPA

7. GH Raisoni College of Engineering

  • A variety of management programs, including an MBA and a BBA, are offered at this top MBA college in Nagpur.
  • At GH Raisoni College of Engineering, students are encouraged to face challenges with confidence.
  • In order to enhance their career prospects, their alumni work or have worked at companies where they have established links.
  • Students have excellent placement opportunities through these networks.

Eligibility: Graduation with 50%

Admission: Merit-based

Fees: ₹2.7 Lakhs

Hostel Facilities: ₹90,000 per year

Placement Rate: More than 70%, average salary ₹4–5 LPA

Also Read : Best MBA Colleges In Bhubaneswar

Frequently Asked Questions

1. Which MBA college has the best placement in Nagpur?

IIM Nagpur has the best placements in Nagpur, followed by IMT Nagpur. Nearly every student at these top MBA colleges in Nagpur gets placed every year.

2. How many MBA colleges are there in Nagpur?

In Nagpur, there are 63 MBA colleges, 41 of which are privately owned and 6 government owned.

Conclusion

There are a wide variety of career opportunities available with an MBA degree. Since MBA graduates can work in various departments including finance, healthcare, technology, and many others, MBA in Nagpur is one of the most sought-after courses.

The value of this degree holder will continue to rise as more businesses and startups set up shop in Nagpur, which is also known as one of the central business hubs in India. Aside from this, graduates with MBAs can expect plenty of employment opportunities in the city after completing their programs.

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