Indian Institute of Management - [IIMN], Nagpur

Nagpur, MaharashtraAutonomous UniversityEstd 2015
#20 For MBA By Outlook 2024  
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About IIM Nagpur

IIM Nagpur is among the new IIMs, established in 2015 having campuses in Nagpur and Pune. IIM Nagpur is known for its flagship MBA and Ex MBA program. IIM Nagpur MBA admission is done through CAT via CAP process, followed by a Personal Interview. IIM Nagpur CAT cut-off is 94 percentile (overall). IIM Nagpur MBA fee is INR 18.90 lakh for 2 years.

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IIM Nagpur average package stood at INR 16.29 LPA and IIM Nagpur highest package stood at INR 38.40 LPA for the 2024 batch. IIM Nagpur has been ranked 43rd by NIRF 2023 among the top management institutes in India.

At IIM Nagpur, the minimum CAT percentile for the 2023-25 batch was 90.16 percentile. A total of 13886 general category candidates selected IIM Nagpur PGP as their CAT preference, of which 4731 were shortlisted for the PI WAT round. 

IIM Nagpur Highlights

Particulars Statistics 
Established Year 2015
Campus Size 132 acres
Students Intake 260
MBA Fees INR 18,90,000
NIRF Ranking 2023 43
Number of Courses 26
Total Faculty  34
Scholarship
  • Merit Scholarship for students securing above 95 percentile in CAT.
  • Need-cum-Merit scholarship for candidates with a family income of less than 5 lakhs.
Highest Package 2024 INR 38.40 LPA
Top Recruiters Microsoft, Adani, ICICI Bank, Bank of America, BNY Mellon, Indus Valley Partners, etc.
 

IIM Nagpur

IIM Nagpur Important Dates 2025

MBA
Events Dates (Tentative)
Last Date to Apply for CAP 2025 January 31, 2025
Personal Interview - Phase 1 for CAP 2025 February 15 - 20, 2025
Personal Interview - Phase 2 for CAP 2025 February 22 - 27, 2025
Personal Interview - Phase 3 for CAP 2025 March 8 - 15, 2025
Final Result May 10, 2025
Registration and Inauguration  June / July 2025
Read More
EMBA
Events IIM Nagpur Main Campus (Tentative Dates) IIM Nagpur Pune Campus (Tentative Dates)
Application Open 3rd Week of August 2024 3rd Week of August 2024
Interaction session with IIM Nagpur Team 3rd Week of August and Last Week of October, 2024 3rd Week of August and Last Week of October, 2024
Last date to apply November 3, 2024 December 15, 2024
IIMNAT November 18, 2024 Last Weekend of December, 2024
Personal Interview Shortlisting 3rd Week of November 2024 1st Week of January 2025
Personal Interview 3rd Week of November 2024 1st Week of January 2025
First offer list released November 2024 January 2025
Second offer list released November 2024 January 2025
Third offer list released November 2024 January 2025
Admission Offers Last Week of November 2024 Mid of January 2025
Program Commencement 1st Week of December 2024 Mid of February 2025
Read More
 

IIM Nagpur Fees

IIM Nagpur's course fees are shown in the following table:

Courses Fees
MBA INR 18,90,000 (2 years)
ExMBA INR 9,50,000 (2 years)

IIM Nagpur Courses

There are various courses offered by IIM Nagpur, some of the major courses include MBA and ExMBA. The details about these courses are mentioned below:

Courses Fees Program Details
MBA INR 18,90,000 (2 years) Intake: 260
Eligibility: Bachelor’s degree with 50% marks.
Selection Criteria: CAT + Personal Interview 
ExMBA INR 9,50,000 (2 years) Eligibility: Bachelor’s degree with 50% marks and 3 years of work experience
Selection Criteria: IIMNAT + Personal Interview 

Check: IIM Nagpur Courses & Fees

IIM Nagpur Admission 2025

IIM Nagpur Admission to MBA program is based on CAT Examinations via CAP process. Admission to the EMBA program is based on IIM Nagpur Aptitude Test (IIMNAT).

IIM Nagpur MBA admission includes the following stages mentioned below:

Admission Stage Description 
Application Form The candidates who have cleared the minimum cut-off of CAT will receive a email for CAP process. Candidates who are interested in MBA program are required to fill the CAP application.
Shortlisting for PI Candidates who meet the CAT Cutoff criteria and have filled CAP application form will be shortlisted for the PI process
Personal Interview Candidates who have confirmed their interest are required to appear for Personal Interview conducted by CAP
Final Selection  The final selection will be based on the calculation of the Final Score (FS)

The following data represents the admission stats for the MBA batch of 2023-25:

Category No. of Candidates Selected IIM Nagpur PGP Candidates Selected for WAT/ PI
General 13886 4731
EWS 1252 300
NC - OBC 3463 904
SC 2423 656
ST 1151 294
PWD 329 101

The class composition of MBA batch 2023-25 is as follows:

Category No. of Students
General 115
EWS 27
NC - OBC 62
SC 38
ST 20
PWD 5

Check: IIM Nagpur detailed Admission 

IIM Nagpur Admission Stories

Name CAT Percentile Work Experience Graduation score Link
Saurabh Joshi 91.3 18 Months 66 Read More
Risha Khound 89.98 Amazon, 3 years, Vendor Management 7.68 Read More
Shubham Narnoli 97.36 Bharti Airtel Limited, 2, Service Account Management 8.38 Read More
Abhishek Anand 95.22 SKF India 73.2 Read More

IIM Nagpur Cut-off 2024

IIM Nagpur cut-off is 94 percentile (Overall) and 73 percentile (Sectional). IIM Nagpur CAT cut-off for various categories is mentioned below:

Categories Overall Percentile QA Percentile DILR Percentile VARC Percentile
General 94 73 73 73
EWS 77 50 50 50
NC-OBC 77 50 50 50
SC 60 44 44 44
ST 40 30 25 25
DAP 40 30 25 25

For batch 2023, the following table shows the category-wise minimum cutoffs at which candidates were selected for interviews:

Category Minimum CAT Percentile Composite Score of Last Candidate Lowest Composite Score Highest Composite Score
General 90.16 4.81 4.81 6.07
EWS 80 4.04 4.04 5.36
NC - OBC 77.66 3.51 3.51 5.49
SC 60.97 3 3 4.73
ST 48.98 2.38 2.38 3.66
PWD 42.25 0.93 0.93 4.22

Check: IIM Nagpur detailed Cut-off

IIM Nagpur Placements 2024

IIM Nagpur placement for MBA batch 2022-24 has been concluded. 62 new companies visited the campus and offered the roles in the IT/ ITES & BFSI sector, followed by the Consulting sector. IIM Nagpur's average package stood at INR 16.29 LPA and the highest package offered was INR 38.40 LPA.

Particulars Placement Statistics 2024
New Recruiters 62
Highest Package INR 38.40 LPA
Average Package INR 16.29 LPA
Median Package INR 16 LPA
Top Recruiters BNY Mellon, Adani, ICICI Bank, Capgemini, BNY Mellon, Genpact, etc.

IIM Nagpur placement statistics for the last 3 years are mentioned in the table below:

Year Highest Package Average Package
2023 INR 64 LPA INR 16.74 LPA
2022 INR 31.54 LPA INR 15.21 LPA
2021 INR 19.20 LPA INR 13.21 LPA
2020 INR 40 LPA INR 13.10 LPA

Check: IIM Nagpur detailed Placement Report

IIM Nagpur Ranking 

IIM Nagpur has been ranked 43rd by NIRF 2023 among the top management institutes in India. IIM Nagpur's other rankings are mentioned below:

Ranking Body  Year Category Rank
NIRF 2023 Management 43
IIRF 2024 Top Govt. B-School 21
IIRF 2023 Top Govt. B-School 22
Business Today 2023 Top B-Schools 24
Business Today 2023 MBA Executive 11

Check: IIM Nagpur detailed Ranking

IIM Nagpur Vs IIM Visakhapatnam Vs IIM Kashipur 

A comparison between the top 3 management colleges i.e, IIM Nagpur, IIM Visakhapatnam, and IIM Kashipur has been mentioned in the table below:

Particulars IIM Nagpur IIM Visakhapatnam IIM Kashipur
NIRF Ranking 2023 43 29 19
Established Year 2015 2015 2011
Campus Area 132 acres 241 acres 200 acres
Batch Size 260 340 324
Admission Process CAT + PI through CAP CAT + PI CAT + PI through CAP
CAT Cut-off 94 percentile 82 percentile 94 percentile
MBA Fees INR 18,90,000 INR 17,82,960 INR 17,30,000
Curriculum  19 credits in the first year and maximum 42 credits in the second year. 41 core credits and 9 elective credits in the first year, and a minimum of 45 elective credits in the second year. Core courses in the first year, electives in the second year, experimental learning, and industrial workshop during the summer internship.
Highest Package INR 38.40 LPA INR 43.25 LPA INR 37 LPA
Average Package INR 16.29 LPA INR 15.64 LPA INR 18.11 LPA
Specialization IT and Consulting Consulting (32%) and Strategy (13%) IT (39%) and Finance (30%)
Scholarship  Merit and Need-cum-merit scholarships are available. Scholarships available Tuition Fees waived off for a total of 46 students in the first and second years.

Life at IIM Nagpur 

IIM Nagpur permanent campus covers an area of 132 acres and is 9 km away from the Dr. Babasaheb Ambedkar Nagpur International Airport. The campus has been designed to minimize the environmental footprint while providing all the facilities like a state-of-art academic complex, library, hostel, sports complex, and faculty housing. IIM Nagpur hostels have all basic facilities including well furnished rooms, fitness center, games, mess, recreation room and so on. IIM Nagpur hostel fees is INR 20,000 per semester and may vary depending on room occupancy type and similar factors. Mess charges are INR 6,000 per month. 

IIM Nagpur Campus

Read More: Life at IIM Nagpur

IIM Nagpur Alumni

Alumni Photograph Name Designation Company

IIM Nagpur Alumni

Rishabh Batheja (2015-17) Marketing Head Jones Asset Management

IIM Nagpur Alumni

Nupoor Sinha (2015-17) Senior Data Analyst Walmart Global Tech India

IIM Nagpur Alumni

Mohnish Vohra (2017-19) Associate Director Moglix

IIM Nagpur Alumni

Shubham Agrawal (2015-17) Co-Founder Bijnis

IIM Nagpur Alumni

Lohit Nagpal (2015-17) Associate Vice President - Investments HDFC Capital Advisors Limited

IIM Nagpur FAQs

Ques. How is IIM Nagpur placement?

Ans. 62 new companies visited in the 2024 placement drive and offered most of the roles in the IT/ ITES & BFSI sector. IIM Nagpur's average package stood at INR 16.29 LPA and the highest package at INR 38.40 LPA.

Ques. What is the cut-off of IIM Nagpur?

Ans. The overall cut-off of IIM Nagpur is 94 percentile and the sectional is 73 percentile.

Ques. How can I get a seat in IIM Nagpur?

Ans. The candidates will have to appear for CAT and clear the minimum cut-off to get shortlisted for a personal interview via CAP process. The candidates who clear all these stages will get a seat in IIM Nagpur.

Ques. What is the highest package in IIM Nagpur?

Ans. The highest package was INR 38.40 LPA in the 2024 placement drive at IIM Nagpur.

Ques. What is the average package in IIM Nagpur?

Ans. The average package of IIM Nagpur is INR 16.29 LPA in 2024.

Ques. Is IIM Nagpur a baby IIM?

Ans. Yes, IIM Nagpur is one of the newest IIMs established in 2015 and thus it is also referred to as a baby IIM.

Ques. What is the fee for MBA in IIM Nagpur?

Ans. The fee for the MBA program at IIM Nagpur is INR 18,90,000 for 2 years.

Ques. What are the fees and average package of IIM Nagpur?

Ans. The fee for MBA at IIM Nagpur is INR 18.90 lakh, whereas the average package is INR 16.29 LPA recorded in the 2024 placement drive.

Ques. Is it compulsory to live in a campus hostel in IIM Nagpur?

Ans. Yes. The MBA program at IIM Nagpur is a full-time residential program, thus it is mandatory for the students to live in the campus hostel.

Ques. What are the courses available at IIM Nagpur?

Ans. IIM Nagpur offers various courses but the major courses include MBA, ExMBA, PhD, and Executive PhD.

Ques. What is the batch size of IIM Nagpur?

Ans. The batch size for the IIM Nagpur MBA program is 260.

Ques. What is the rank of IIM Nagpur?

Ans. IIM Nagpur has been ranked 43rd by NIRF 2023 among the top management institutes in India. It has been ranked 21st by IIRF 2024 among the top govt. B-schools in India.

Ques. What is the sectional cut-off for the IIM CAP round?

Ans. The sectional cut-off for the IIM CAP is 73 percentile for the general category.

Ques. Does IIM Nagpur have its own campus?

Ans. Yes IIM Nagpur has its own permanent campus of 132 acres, situated at MIHAN, Nagpur. 

Ques. Is IIM Nagpur new campus ready?

Ans. Yes, IIM Nagpur's new campus is ready at Dahegaon Mauza, Mihan, Nagpur. IIM Nagpur shifted to its new campus on November 2021.

Ques. Does IIM Nagpur offer scholarships to its students?

Ans. Yes, IIM Nagpur has 2 types of scholarships:

  • Merit Scholarship for students securing above 95 percentile in CAT.
  • Need-cum-Merit scholarship for candidates with a family income of less than 5 lakhs

Ques. How is life at IIM Nagpur?

Ans. Life at IIM Nagpur is an amazing rollercoaster ride full of things to explore and experience. The institute focuses on not only improving grades but also on grooming an individual for the corporate world. The campus has many non-academic clubs to foster the tablets of the students. A student can have everything under one umbrella, there is something for everybody to engage in and explore at IIM Nagpur.

Ques. Is it worth doing MBA from IIM Nagpur?

Ans. True to the fact that IIM Nagpur does not have as good companies and packages as the top ABC IIMs but if one is dedicated enough, he/she can make the two years of MBA from IIM Nagpur definitely worth it as every IIM has almost the same teaching and learning methodologies. In the placement drive of 2023, IIM Nagpur average package stood at INR 16.74 LPA whereas IIM Nagpur highest package stood at INR 64 LPA.

Ques. Is it compulsory to stay in the campus hostel if I am a resident of Nagpur?

Ans. As per the guidelines of IIM Nagpur, it is mandatory for every student to stay in the hostel. The hostel provides facilities at global standards which include state-of-the-art furniture, a recreation room, a fitness center/ gym, games, sports, a washing machine, etc. It provides both vegetarian and non-vegetarian meals to students in the dining hall.

Ques. Does IIM Nagpur operate under any mentorship?

Ans. IIM Nagpur started its operation in 2015 under the mentorship of IIM Ahmedabad. IIM Nagpur's first batch of Post Graduate Programme (PGP) in Management commenced on the 23rd of July 2015.

Ques. What are the PhD specializations available at IIM Nagpur?

Ans. The PhD specializations available at IIM Nagpur are:

  • Decision Science and Information Systems (DSIS)
  • Economics (ECO)
  • Finance and Accounting (F&A)
  • Marketing (MAR)
  • Organizational Behaviour And Human Resources Management (OB &HR)
  • Production and Operations Management (POM)
  • Strategy and Entrepreneurship (S&E)
  • Humanities, Arts, and Social Sciences (HASS)

Ques. What do I need to do PhD from IIM Nagpur?

Ans. The candidates who are interested in applying for the IIM Nagpur PhD program should fulfill the following eligibility criteria:

  • Master’s degree/ Postgraduate Diploma in Management/ Integrated Master’s degree with a minimum of 60% marks. OR
  • A professional qualification like CA/ ICWA/ CS with 50% aggregate marks along with a Bachelor’s degree with minimum 60% marks. OR
  • 4-year Bachelor’s degree with a minimum of 85% marks.

Ques. What are the exams accepted by IIM Nagpur for PhD admissions?

Ans. The candidates should have appeared for any of the exams like CAT, GMAT, GRE, GATE, UGC-NET, and UGC-JRF in the last 2 years. If the candidate has pursued PGP from any IIMs with 60% marks or equivalent CGPA, then they are exempted from the above-mentioned exams.

Ques. What is the withdrawal and cancellation policy for PhD at IIM Nagpur?

Ans. If the candidates have accepted the PhD admission offer and they want to withdraw their admission later, then the following policy will be followed:

  • If withdrawal from the program is done within the stipulated date mentioned in the offer letter, then an amount of INR 49,000 will be refunded after a deduction of INR 1,000 towards administrative processing charges.
  • If the withdrawal is done after the last date is over, then no refund will be made.
  • If a candidate withdraws in the middle of the program or leaves it incomplete, the commitment fee with the Institute till that date will be forfeited.

Ques. What are the documents required for PhD admission at IIM Nagpur?

Ans. The documents to be submitted along with the application form are as follows:

  • Copy of the latest exam score certificate.
  • Attested copy of all the academic mark sheets and certificates
  • Caste Certificate (if applicable)
  • DAP Certificate (if applicable)
  • Work Experience Certificates (if applicable)
  • Documents related to research/ academic output (if applicable)

Ques. How much is the PhD application fee at IIM Nagpur?

Ans. The application fee is INR 1,000 for applying to a single area and INR 1,500 for applying to two areas.

>Ques. Is there any relaxation for reserved candidates for PhD admission at IIM Nagpur?

Ans. Yes, there is relaxation available for the reserved candidates in the percentage or percentile of the minimum qualifying overall cut-off. The NC-OBC and EWS get a 5% relaxation, whereas ST, SC, and PWD get a 10% relaxation.

Ques. What is the duration of PhD Executive at IIM Nagpur?

Ans. The duration to complete the PhD Executive program at IIM Nagpur is 4 to 6 years. If students could not submit their thesis by the end of the 6th year, then 1 more year can be extended.

Ques. How many years of work experience is required for PhD Executive admission at IIM Nagpur?

Ans. A minimum of 10 years of managerial/ entrepreneurial/ professional experience is required. The work experience after graduation will only be considered.

Ques. Do I need to pay an offer acceptance fee for admission into PhD Executive?

Ans. Yes, the candidates who have received a provisional admission offer from IIM Nagpur for PhD Executive admission will have to pay a commitment fee of INR 50,000 to confirm their acceptance of the offer. This amount will be adjusted in the tuition fee for the first year.

Ques. What are the exams accepted for admission into EMBA at IIM Nagpur?

Ans. IIM Nagpur conducts a screening examination called IIM Nagpur Aptitude Test - IIMNAT, for admission into the EMBA program.

Ques. What is the pattern of IIMNAT conducted for IIM Nagpur?

Ans. The highlights of IIMNAT are as follows:

  • Mode of Exam: Offline (pen-paper test)
  • Exam duration: 90 minutes
  • Type of Questions: MCQ
  • No. of Sections: 3 (Verbal Ability, Quantitative Ability, Logical Reasoning & Data Interpretation) 

Ques. What is the fee for the EMBA program at IIM Nagpur?

Ans. The total fee of the EMBA program is Rs 9,50,000, paid in 4 installments, twice per year. Additionally, the candidates will have to pay a refundable caution deposit of INR 20,000 and the offer acceptance fee of INR 50,000, which will be adjusted in the first year's fees.

Ques. How many years of work experience are required for EMBA admission at IIM Nagpur?

Ans. The candidates applying for the EMBA program should have a minimum of 3 years of managerial/ entrepreneurial/ professional experience. The work experience taken after graduation will be considered. Only full-time paid experience will be considered and part-time internships will not be accepted.

Ques. How many MBA seats are reserved for all the categories at IIM Nagpur?

Ans. There are a total of 260 MBA seats available in IIM Nagpur. Among them, the seats reserved for various categories are as follows:

Category Reservation (%) Number of Seats
General - 91
EWS 10 26
NC-OBC 27 71
SC 15 39
ST 7.5 20
DAP 5 13
Total Seats 260

Ques. What is the weightage of gender diversity in MBA selection at IIM Nagpur?

Ans. Gender diversity is considered in the second stage selection process when the candidates are shortlisted for the personal interview. Gender diversity holds a weightage of 10 points given to only female and transgender candidates.

Ques. What are the factors considered for MBA admission at IIM Nagpur?

Ans. The final selection of the MBA candidates is based on factors like CAT score, Personal Interview, Past academic performance, work experience, and gender diversity. 

Ques. How category-wise merit list is prepared at IIM Nagpur?

Ans. The provisional admission offers will be based on the Final score. The final score will be calculated based on the CAT score, Personal Interview, Past academic performance, work experience, and gender diversity. The category-wise merit list will be based on the ranks computed separately for each category, based on the final score.

Ques. How much is the offer acceptance fee for MBA at IIM Nagpur?

Ans. The offer acceptance fee for the MBA program at IIM Nagpur is INR 75,000.

Ques. Can I withdraw from MBA admission after accepting admission at IIM Nagpur?

Ans. Yes, the candidate can withdraw from MBA admission after accepting the admission offer, but they will have to do that within the withdrawal period to receive the refund of the acceptance fee.

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IIM Nagpur Fees & Eligibility

Full time Courses
CourseFeesEligibilityApplication DateAction
MBA
1 Course
18.9 Lakhs (Total Fees) Graduation + CAT2 Aug - 31 Jan 2024
PG Certificate
4 Courses
1.32 Lakhs - 2.4 Lakhs (Total Fees) Graduation28 Nov - 28 Jan 2024
PG Certificate
1 Course
2.25 Lakhs (Total Fees) Graduation28 Nov - 28 Jan 2024
Certification
1 Course
2.25 Lakhs (Total Fees) Graduation28 Nov - 28 Jan 2024
EMBA9.5 Lakhs (Total Fees) Graduation with 50%14 Aug - 03 Nov 2023

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Courses Offered By IIM Nagpur 2024

Select Degree and Streams to See Course Fees and Admission Details.

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Streams :
GeneralCorporate EducationStrategyEconomicsHuman Resources ManagementMarketingHumanitiesData ScienceEntrepreneurshipFinanceOperations Management
Degree :
MBAExecutiveEMBAPh.DPh.DPG CertificatePG CertificateCertification
Program Type :
Full TimePart Time
1 Courses2 Years Full Time
#20out of 25 by Outlook

Eligibility:

Graduation + CAT

Application Date:

2 Aug - 31 Jan 2024
2 Years Full Time
#20out of 25 by Outlook

Eligibility:

Graduation with 50%

Application Date:

14 Aug - 03 Nov 2023
Ph.D. (Executive) 
1st Yr Fees:₹2,00,000
4 Years Full Time
#20out of 25 by Outlook

Eligibility:

Post Graduation

Application Date:

1 Feb - 20 Mar 2024
Post Graduate Certificate 
Total Fees:₹2,75,000
2 Courses1 Year Part Time
#20out of 25 by Outlook

Eligibility:

Graduation

Application Date:

28 Nov - 28 Jan 2024
8 Courses4 Years Full Time
#20out of 25 by Outlook

Eligibility:

Postgraduation with 60%

Application Date:

1 Feb - 20 Mar 2024

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IIM Nagpur Upcoming Application Dates 2024

Important Events

EventsDates
CAT 2024 Exam Date
Upcoming
Nov 24, 2024
CAT 2024 Result Date
Tentative
Dec 26, 2024
Program Duration (PCP-GM)
Ongoing
Feb 04, 2024 - Feb 28, 2025
Program Duration (PGC-SM)
Ongoing
Mar 24, 2024 - Mar 31, 2025

Expired Events

EventsDates
Program Duration (PCP-EM) (Operations Management)Dec 24, 2023 - Oct 31, 2024
CAT 2024 Admit Card DateOct 25, 2024
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024

Important Events

EventsDates
CAT 2024 Exam Date
Upcoming
Nov 24, 2024
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Admit Card DateOct 25, 2024
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024
Registration and inauguration (MBA)Jul 01, 2024 - Jul 31, 2024

Important Events

EventsDates
Program Duration (PCP-GM)
Ongoing
Feb 04, 2024 - Feb 28, 2025

Expired Events

EventsDates
Program Duration (PCP-EM) (Operations Management)Dec 24, 2023 - Oct 31, 2024
Program Duration (PGC-PM)Dec 10, 2023 - Jun 30, 2024

Important Events

EventsDates
Program Duration (PGC-SM)
Ongoing
Mar 24, 2024 - Mar 31, 2025

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IIM Nagpur Rankings 2024

You can check college rankings with different ranking agencies.

IIM Nagpur Outlook Ranking

#20out of 25 in India 2024
Outlook

IIM Nagpur IIRF Ranking

#21out of 46 in India 2024
#4th in Maharashtra
IIRF

IIM Nagpur Indiatoday Ranking

#24out of 272 in India 2023
#4th in Maharashtra
India Today

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Course Finder

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IIM Nagpur Scholarship 2024

Scholarship provided by the college.

IIM Nagpur scholarships are available for meritorious students with low finances. The financial support provided by the institute is in the form of merit scholarships and need-based scholarships. Moreover, IIM Nagpur provides government scholarships to economically weaker backgrounds to pursue degree programmes at IIM Nagpur. Here are the scholarships provided by the institute:

 

IIM Nagpur Scholarship Details 

The below table gives an overview of list of scholarships available at IIM Nagpur:- 

Name of scholarship Scholarship amount
Merit Cum Means Scholarship for Professional and Technical Courses Course fee - INR 20,000 per annum subject to actual whichever is less (for both Hostellers and Day Scholars) + Maintenance allowance - INR 1,000 per month for 10 months (Hosteller)
/ INR 500 per month for 10 months (Day Scholar)
Scholarships for Top Class Education for students with disabilities Tuition fee and non-refundable charges - Up to INR 2 lakh per annum (subject to actual amount) + Purchase of a computer with accessories - INR 30,000 (one-time grant) + Purchase of aids and assistive devices - INR 30,000 (one-time grant) + Maintenance allowance - INR 3,000 per month (Hostellers) / INR 1,500 per month (Day-Scholar) + Books and stationery - INR 5,000 per annum + Special allowances (related to types of disabilities like reader allowance, helper allowance etc.)- INR 2,000 per month
 

Check IIM Nagpur Courses and Fees

 

Scholarships offered by IIM Nagpur 

  • IIM Nagpur offers scholarships divided into 2 main categories: Merit based and Need-cum-merit based scholarships as explained below:- 
Scholarship offered by IIM Nagpur Eligibility 
IIM Nagpur Merit Scholarship  For candidates securing 95% or above in CAT.
IM Nagpur Need-cum-Merit Scholarship For candidates with family income less than INR 5,00,000
  • IIM Nagpur scholarships awarded to eligible students are limited in number. The institute will be awarding scholarships to 20 students only of which 10 are for merit-based and 10 are for need cum merit based scholarships. 
  • Selected candidates receive a complete waiver for the tuition fee for the two-year programme. The scholarship policy get revised every year and is updated on the official portal. 

IIM Nagpur Placements 

 

Scholarships offered by the Government of India 

There are special financial assistance schemes offered by the Government of India of which some are mentioned below:- 

  • Merit Cum Means Scholarship for Professional and Technical Courses
  • Merit cum means scholarship is provided to students belonging to one of the Minority communities (Muslims, Sikhs, Christians, Buddhists, Jain, and Parsis/Zoroastrians).
  • Students with at least 50% marks or equivalent grade in the previous final examination are eligible to apply. 
  • Moreover, students having an annual family income of less than INR 2.50 lakhs from all sources are eligible to apply for merit cum means based scholarships under IIM Nagpur scholarships. 

Scholarship Amount 

Particulars  Scholarship Amount 
Course Fee INR 20,000 per annum subject to actual whichever is less 
Maintenance Allowance  INR 1,000 per month for 10 months (Hosteller),
INR 500 per month for 10 months (Day Scholar)

Read More: IIM Nagpur Admissions

  • Scholarships for Top Class Education for Students with Disabilities (SwDs)
  • Popularly known as CSS Scholarships for Students with Disabilities (SwDs), these are initiated by the Deptt. of Empowerment of Persons with Disabilities, GoI. The scholarships tend to provide financial assistance to students pursuing studies at UG / PG / Diploma level. 

Eligibility

  • Students pursuing studies at UG / PG / Diploma level in notified institutions of excellence in education are eligible to apply for IIM Nagpur scholarships- Top Class Education of Students with Disabilities (SwDs). 
  • Students having more than 40% disability + a valid certificate for the same are eligible. 
  • Interested candidates for Top Class Education of SwDs scholarships should have an annual family income of less than INR 6,00,000 from all sources. 

Scholarship Amount

Particulars  Scholarship Amount
Tuition Fee and Non-refundable Charges Payable to the Institute Up to INR 2 lakh per annum (subject to actual amount)
Purchase of a Computer with Accessories INR 30,000 (one-time grant)
Purchase of Aids and Assistive Devices INR 30,000 (one-time grant)
Maintenance Allowance  INR 3,000 per month (Hostellers), INR 1,500 per month (Day-Scholar)
Books and Stationery INR 5,000 per annum
Special Allowances (related to types of disabilities like reader allowance, helper allowance etc.) INR 2,000 per month

IIM Nagpur Ranking 

  • Top Class Education Scheme for SC Students
  • Offered by the Ministry of Social Justice & Empowerment, GoI, to SC students. It is provided based on their annual parental income for the previous financial year. 
  • Candidates interested to apply for such scholarships should have a gross family income not exceeding INR 8,00,000/-.
  • National Fellowship and Scholarship for Higher Education of ST Students
  • National Fellowship Scholarships offered by the Ministry of Tribal Affairs, Government of India to ST students. It is provided based on annual parental income for the previous financial year. 
  • The maximum income limit in National Fellowship & Scholarships under IIM Nagpur scholarships is INR 6,00,000/-. There is no institute wise / state wise / stream wise ceiling of number of slots.

IIM Nagpur Cutoff 

 

Complimentary Scholarships at IIM Nagpur

  • Some complimentary scholarships available for IIM Nagpur students include those provided by respective state governments:-
  1. i) Chief Minister Fellowship Yojana (CMFY), by Government of Jharkhand
  2. ii) Rajarshi Shahu Maharaj Merit Scholarship to SC students, by Government of Maharashtra
  • Private companies and organizations:- IIM Nagpur also facilitates scholarships awarded by corporates and private organizations. For more details, students can visit the official website. 
  • Educational loans at IIM Nagpur:- IIM Nagpur also encourages education loans for students with low finance. To name a few banks:- 
  1. i) Bank of Baroda
  2. ii) Bank of India

iii) Central Bank of India

  1. iv) State Bank of India
  2. v) Union Bank of India
  3. vi) Canara Bank and so on. 

Read More: IIM Nagpur Reviews

 

IIM Nagpur Scholarships FAQs

Ques. What is the eligibility to qualify for merit scholarships at IIM Nagpur?

Ans. IIM Nagpur offers merit scholarships to candidates securing 95% or above during their CAT exam.

Ques. Does IIM Nagpur offer need based scholarships to its students? 

Ans. Yes, IIM Nagpur offers need cum merit based scholarships to its students having an annual family income less than INR 5,00,000. 

Ques. Can students avail educational loans for their studies in IIM Nagpur? 

Ans. Yes, students have the option to avail educational loans from their respective banks or those mentioned by the institute. These include, Bank of Baroda, SBI, Union Bank of India, Canara Bank etc.

Ques. What are government scholarships offered to IIM Nagpur students? 

Ans. Government scholarships include National fellowship & scholarships, Top class education for SC / ST students, Scholarships for students with disabilities and so on.

Ques. Does the central government offer scholarships at IIM Nagpur?

Ans. Yes, the state governments of Jharkhand and Maharashtra offer scholarships at IIM Nagpur. These include Chief Minister Fellowship Yojana (CMFY), by Government of Jharkhand and Rajarshi Shahu Maharaj Merit Scholarship to SC students, by Government of Maharashtra.

Ques. Are there any financial support schemes from non-governmental bodies? 

Ans. Yes, various private bodies provide scholarships at IIM Nagpur. The list of those organizations is yet to be released and students can check for more details on the official website.

IIM Nagpur: 10 Answered Questions

Is it worth joining IIM Nagpur for a person who already has work experience of 3.5 years and earns an 8.3 LPA?

Neha Rani
Hardik NagarMBA in General Management, Indian Institute of Management, Nagpur (Graduated 2022)

When considering the question of which MBA program to attend, it is important to recognize that there is no definitive answer and that the decision will vary depending on the individual. There is a multitude of factors to consider before making this decision, and understanding how these factors weighed into another individual's decision-making process can be helpful in making one's own decision.

For those considering IIM Nagpur, the first factor to consider is likely to be the cost of tuition. It is not uncommon for MBA programs to come with a significant price tag, and this can be a significant factor in determining which program to attend. IIM Nagpur has a fee structure of INR 13.75 lakhs, which is significantly lower than many other options on the market. This can make a big difference for those who are taking out an educational loan, as it can free up funds for other opportunities or risks.

Another important factor to consider when looking at MBA programs is the brand value of the institution. IIMs are widely recognized as the best business schools in India, and the reputation of an IIM can open doors in the job market and throughout one's career. It is crucial to weigh in the long-term benefits that come with being associated with an IIM.

Batch diversity in experience is another important consideration, especially for those who are looking to leverage peer learning as one of the most important aspects of an MBA program. IIM Nagpur has a diverse set of students with rich experience from a variety of industries, which can open up opportunities to learn about different domains and industries that one might not have been aware of before.

Lastly, the curriculum, faculty, and culture of the school are important factors when selecting an MBA program. IIM Nagpur has a vast curriculum that is designed to closely align with the business world. Faculty are well experienced and knowledgeable in their subjects and make sure the students understand the concepts in a better way. Additionally, there is a great extent of flexibility in the electives that the students want to study. With this, students can spend the first year trying to figure out their interests and then choose electives accordingly in the second year.

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Is IIM Nagpur good?

Saransh YadavM.B.A. International Business, Indian Institute of Foreign Trade, Delhi

Nagpur is one of the most popular new IIMs that has been in the limelight for its world-class infrastructure and facilities.

Placements: The institute enjoys 100% placement opportunities and is visited by many top firms like Landmark Group, ITC, Pidilite, EY, Amazon, Cognizant, and Goldman Sachs. 

Particulars 

IIM Nagpur Placements

Number of Students

250

Number of Recruiters Participated

73

Number of New Recruiters

43

Highest CTC

INR 55.22 LPA

Average CTC

INR 23.10 LPA

Median CTC

INR 22.28 LPA

Major Sectors

IT and Analytics

Faculties:

The faculty is top-notch, comprising Ph.D. holders and professors with impeccable industry experience. Their classes are something one should not miss if one wants to remain among the top students.

Crowd: People from various walks of life, profession, and age come under one roof and this in itself is a thrilling and engaging experience. Such good exposure opens your mind to the possibilities and opportunities that exist in reality. You end up making bonds for the rest of your life.

Opportunities: IIM Nagpur offers a plethora of opportunities to its students. The Field Immersion Programme (FIP) is one of the major highlights. Live projects are also conducted within India and abroad. The International Immersion Programme (IIP) which allows students to travel to five foreign locations.

IIM Nagpur in itself is an entity thought to be newly established. It’s not justified to compare it with the older IIMs.

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Is it worth joining IIM Nagpur for 10 Lakhs, considering that IIM Ahmedabad will be mentoring it initially?

Bhavni SushmitaMBA in Management, Indian Institute of Management Ahmedabad (Graduated 2017)

If you don’t have a better option and can’t wait for a year more, it’s best to go for IIM Nagpur. Although it’s not among the top IIMs, it will not disappoint you. The main reasons for the same are:

  • Firstly, IIM Nagpur is mentored by IIM Ahmedabad. So you will get the chance to be taught by IIMA faculty in the same methodology.

  • IIM Nagpur is located in a well-connected city so has all the basic facilities like connectivity, a local support system, local industry, and safety.

  • The placements at IIM Nagpur are also good considering the students have been trained by IIMA faculty.

If you are tight on budget then pursuing MBA from IIM Nagpur is not a bad choice.

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How is life after completing an MBA from IIM Nagpur?

Rushiraj PatelData Science Manager at EY | IIM Alumni | 9+ yr Exp

Once you end your college life, life is not the same anymore. You end up missing every moment spent whether enjoying or studying for your exams. Once you step into the real world you realize it’s now that the real-life issues begin. I have listed some good and bad things you will experience as an IIM pass out

Good things

  • Your living standards will have been improved because of the high package you received
  • You will have a new circle of friends
  • Many aspirants will look to you for inspiration.

Bad things

  • As an IIM pass-out, you will have to live up to its name and brand. People will expect you to excel in whatever you do.
  • You will be mistaken as arrogant because of your IIM tag
  • High tax payments have to be made
  • You have to repay the educational loans you have taken and sometimes it takes years to do so 

Apart from these situations, you might face serious criticism if you give up your job and initiate entrepreneurship.

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What is the concept of the wait list going on in IIM? How many wait lists did IIM Nagpur release?

Shikha ThakurMBA in Digital Marketing, Faculty of Management Studies, University of Delhi (2023)

The waitlist movement at IIM Nagpur is a pretty simple process. Let’s understand the entire process through steps.

  • Firstly the waitlist students are divided into 3 groups namely Waitlist 1, Waitlist 2 and Waitlist 3.
  • The above categories are made on the basis of the composite score in descending order
  • Whenever a student does not accept the order or withdraws admission, his seat is offered to the person with the highest composite score in Waitlist 1 category.
  • This process continues till the entire Waitlist 1 group has been offered a seat.
  • The other two Waitlist groups are also exhausted in similar ways only if there are vacancies.

The ones who had laid Waitlist money get the amount refunded in case they are not offered a seat.

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Is it good to join IIM Nagpur for a person with 3 years of experience earning around 8.5 PA?

Arshit JainAmerican Express, IIM Nagpur, NIT Surathkal

It depends on the individual's career aspirations and the options they have at their disposal. Many people left some of the big names with packages more than what has been stated, to come to IIM Nagpur. If one is looking from a short-term perspective, they may not gain much monetarily as IIM Nagpur is one of the newer IIMs. However, this does not mean that after completing a PGP, they will end up earning the same salary as their current one. It simply means not to expect the same coveted profiles of consultants that IIM ABC manages to secure for its students. The placement for the first batch of students has begun and it seems to be going well and is expected to improve in the future.

When it comes to the most important aspect, learning, and experience, studying at one of the IIMs ensures access to some of the best people as peers, with experience in different domains and industries. The opportunity to learn from the best faculty in the country, all of whom come from IIM A, is something that cannot be measured in monetary terms. The academic rigor and the knowledge gained here will differentiate one from others in the long run. The two 15-day Field Immersion Programs after the first and second terms are unique to IIM Nagpur, where students will get hands-on experience in solving problems of both government and non-government organizations, which will prove beneficial in the challenging corporate world. The program was proposed by IIM-A alumni when the program structure for IIM Nagpur was being drafted.

Finally, it is important to remember that there are many elements included in an MBA program and CTC is only one of them. One should not let their current or near-term CTC determine what they will gain from a PGPM from IIM Nagpur.

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Is it worth doing a 1-year course from TSW - IIM Nagpur General Management? I have around 8 years of work experience in different domains and now in SAP.

Gaurav Goplani
SagardeepCareer Mentor I Ex-IBM | Ex-Pepsico | Ex-Jockey (2007–present)

It is important to recognize that while an executive education or a distance learning course may not provide the same level of knowledge as a full-time MBA program, they do have the power to add the prestigious brand value of IIMs to one's name. This brand value can prove to be highly beneficial in the later stages of one's career, particularly in middle and senior management roles.

Therefore, when considering such a course, it is crucial to choose the course and institute wisely. For example, a course offered by IIM Ahmedabad will carry more brand value than one offered by IIM Nagpur, and a specialized strategy course will likely have a greater impact than a general management course.

As an individual who is an SAP professional, one might soon find themselves moving into project management and then on to program management. It is important to note that clients are often drawn to well-known and reputable names, and having an IIM tag next to one's name can add immense value when pitching to clients or responding to RFPs and RFQs.

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Is it worth joining IIM Vizag leaving behind the offer from IIM Nagpur?

Pratyasha
Pragya TripathiM.B.A from Indian Institute of Management Visakhapatnam (Graduated 2018)

As a student of the institution, it is important to recognize that comparing institutes can be problematic, as each institution has its own unique strengths and weaknesses. However, when considering institutes within the Indian Institutes of Management (IIMs) system, it is worth noting that the IIM in Visakhapatnam (IIM Vizag) has a reputation for offering strong academic programming and decent placement opportunities.

This is something that sets it apart from some of the other IIMs and is something that students may want to take into consideration when deciding which institution to attend.

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How is IIM Nagpur for a fresher?

Shubham GehlotUG Medical Student from All India Institute of Medical Sciences, Nagpur (Expected 2026)

If you are a fresher and not sure about joining IIM Nagpur, you can consider the following factors

  • Options: A very important aspect while choosing a college is the list of options you are choosing from. You might have a different plethora of options than others. Research the placements, faculty, and infrastructure of these colleges and then decide.
  • Academic background: IIM Nagpur offers excellent exposure and placements to students who are Software oriented or with a Finance backfiring. But, if in case, you have an interest in core backgrounds, then your chances are low as recruiters prefer experienced professionals for such roles
  • Personal Interest: If you are included in developing technical skills rather than managerial skills then IIM Nagpur is definitely a good option.
  • Roles offered: Freshers, as well as experienced students, are offered roles in Product Management, Business Analysis, Consulting etc. IIM Nagpur has an excellent alumni base and teaching methodology for these roles specifically.

I think IIM Nagpur does not discriminate much between freshers and experienced people. So don’t worry and give your luck a try.

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Is it very difficult to get admission in IIM Nagpur?

Nimesh JivaniMBA from Indian Institute of Management Kozhikode (2020)

Your question is quite vague given that the admission criteria are directly linked to your profile. The chances of one’s admission are proportional to your grades and experiences and therefore cannot be generalized. 

Let me elaborate for you. In the entrance exam, every candidate has their own strengths and weaknesses. One might be good in the Quantum section but as at General Knowledge and vice Versa. While many get good scores in the entrance exam, they fail to muster the courage to speak in the interview which lowers their chances of admission despite a good CAT percentile.

Still, if I rate the level of difficulty to get admission at the top IIM A B and C as 10/10 then I will rate IIM Nagpur as 6. This is because I know a friend who scored 92 percentile with decent past academics and work experience of around a year and yet got into IIM Nagpur.

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View All Questions and Answers

IIM Nagpur Facilities

You can check here to see what types of facilities IIM Nagpur provides.

Hostel
Medical
Laboratory
Comp Labs
Cafeteria
Sports
Auditorium
Library
Wi-FI Campus

IIM Nagpur Faculty

Basic Information about the Faculty of IIM Nagpur

director
Bhimaraya Metri
Ankita Dash
Faculty Member
Arun Kumar Rath
Faculty Member
Atul Arun Pathak
Faculty Member
Bhimaraya Metri
Faculty Member
Deeparghya Mukherjee
Faculty Member
Gunjan Tomer
Faculty Member
Kartik Yadav
Faculty Member
Monika Dhochak
Faculty Member
Nikunj Kumar Jain
Faculty Member
Prashant Gupta
Faculty Member

IIM Nagpur College Details

Basic Information About the Colleges

Plot No. 1, Sector 20, MIHAN (Non-SEZ)
Nagpur - 441108
Maharashtra, India
Get SMS Contact:  0712-287-0315
Get Call Details:  0712-287-0315
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