IIM Nagpur: Ranking, Course, Fees, Admission, Scholarships & Placements

The Indian Institute of Management Nagpur (IIM Nagpur) is a public business school located in Nagpur, Maharashtra, India. The institute was established in the year 2015 and is one of the new-generation IIMs. IIM Nagpur is a part of The Association to Advance Collegiate Schools of Business (AACSB). The institute is ranked 31st among all management schools in India by the National Institutional Ranking Framework (NIRF) 2024. IIM Nagpur also secured the 22nd position in the IIRF 2023 rankings. In the Business Today Rankings 2023, IIM Nagpur bagged the 24th position among the top B-Schools and 11th rank for its Executive MBA programme.

IIM Nagpur offers various management courses including its flagship MBA programme. The duration of the MBA course is 2 years & the course fee is INR 18.9 lakhs. Other courses offered by the institute include Executive MBA, Ph.D, Ph.D (executive) and various online PG certificate programmes. The course fee for the 2-year Executive MBA programme is INR 9.5 lakhs. The eligibility criteria & selection process will vary for different courses. However, as per the minimum eligibility criteria, candidates must possess a Bachelor’s degree from a recognised university. Along with that, candidate must have cleared the relevant entrance examination such as CAT, GMAT, GRE, UGC-NET etc. Candidates who appear for the Personal Interview (PI) round and then clear it, will then receive offer letters from the institute. Selected candidates must visit the institute with the required documents to complete the IIM Nagpur Admission 2024 process.

IIM Nagpur Placements 2024 offers lucrative opportunities & packages the promising students. In the IIM Nagpur MBA Placements 2024, the highest package went up to INR 38.40 lakhs per annum & the average CTC stood at  INR 16.29 lakhs per annum. In the IIM Nagpur MBA Summer Placements 2024, the highest stipend went up to INR 4.50 lakhs, and the average stipend stood at INR 87,257. The top recruiters at IIM Nagpur include Deloitte, Amazon, Tata Power, Accenture, Loreal, Microsoft, Adani, ICICI Bank, Infosys, and many more.

IIM Nagpur has a strong alumni network that is active in providing support to the institute and its students. Overall, IIM Nagpur is a good choice for students who are looking for a quality MBA education. The institute has a strong faculty, good placements, and a supportive alumni network

IIM Nagpur Highlights 2024

The Indian Institute of Management Nagpur was established in 2015 under the mentorship of IIM Ahmedabad. IIM Nagpur’s first batch of Post Graduate Programme (PGP) in Management started in July 2015.

Here are some of the highlights about IIM Nagpur, its ranking, courses offered & placements:

IIM Nagpur Ranking 2024

IIM Nagpur has consistently held a prominent position among India's leading business schools. In the NIRF Ranking for 2024, IIM Nagpur achieved the 31st spot. The institute also secured the 22nd position in the IIRF 2023 rankings. In the Business Today Ranking for 2023, IIM Nagpur claimed the 24th position among the top B-Schools and a notable 11th rank for its Executive MBA program.

The NIRF ranking is based on a number of factors, including faculty, research, placements, and infrastructure. The IIRF ranking is based on a survey of industry leaders and experts. The Business Today ranking is based on a survey of students and alumni.

IIM Nagpur Courses & Fees 2024

IIM Nagpur offers a variety of management courses, including its flagship MBA course & executive MBA for working professionals. The institute also offers a number of other programs, such as a doctoral programme in management and various online PG (Post Graduate) certificate programmes. 

For more information about the IIM Nagpur courses, fees & duration, go through the table given below:

IIM Nagpur Admission Process 2024

Candidates who wish to pursue MBA or other management courses from IIM Nagpur can apply for the same with the help of the following steps:

• Visit the official website of IIM Nagpur 
• Go through the list of courses offered by IIMN, select your desired course & carefully read the admission guidelines
• Ensure that you satisfy all the eligibility requirements for admission into your selected course
• Along with the course information, the application link will be available
• Click on the application link and fill out the online application form
• Carefully fill in the details in the application form, upload all the required documents & pay the application fee
• Follow the step-by-step admission process as explained above
• If shortlisted, you will be called for the Personal Interview (PI) round
• Candidates who clear the PI round and satisfy all other eligibility requirements will then receive offer letters from the Institute
• Visit the IIM Nagpur campus on the given date and complete the rest of the admission formalities

IIM Nagpur Scholarships 2024

IIM Nagpur offers scholarships to outstanding students as well as those from economically disadvantaged backgrounds, enabling them to pursue the PGP (Full-Time) programme at the institute.

IIM Nagpur has initiated two types of scholarships. One is the IIM Nagpur Merit Based Scholarship which is for candidates who score  95 percentile or above in the CAT exam. The other one is the Need-cum-Merit Based Scholarship which is for candidates whose family income is less than INR 5 lakhs.

The institute will award 20 scholarships, comprising 10 based on merit and 10 based on both need and merit. These scholarship recipients will receive a complete tuition fee waiver for the entire two-year program. Additionally, IIM Nagpur assists in the application process for a variety of central and state government scholarships.

IIM Nagpur Placements 2024

IIM Nagpur has consistently demonstrated remarkable performance in its placement season, reflecting its commitment to producing top-tier managerial talent. The institute boasts an impressive track record of placing its graduates in leading companies across various industries. 

The top recruiters at IIM Nagpur include Microsoft, Adani, Bank of America, ICICI Bank, HDFC Bank, KPMG, Deloitte, Yes Bank, TVS Motors, Loreal, and Accenture among many others.

The details about the IIM Nagpur MBA final placements & summer placements for the year 2024 have been given below:

IIM Nagpur MBA Placements 2024

The average annual salary package offered at IIM Nagpur reached at INR 16.29 lakhs per annum, while the median placement package offered stood at INR 16 lakhs per annum.

IIM Nagpur MBA Summer Placements 2024

In the MBA Summer Placements of 2024, IIM Nagpur observed a surge in the average stipend, which increased by 10.74% to reach ₹87,257, while the median stipend also experienced a significant boost of 8.33%, reaching ₹65,000.