IIM Nagpur: Fees Structure, Placements, Packages, Courses Offered

By Sharmistha Banerjee|Updated : November 10th, 2022

Indian Institute of Management Nagpur (IIM Nagpur) is a public B-school in India. It is located in Nagpur and became operational in July 2015. Currently, IIM Nagpur offers the 2-year PGP Program in Management, a PhD Program and a number of PG Certificate Programs in Digital Strategy & Marketing, Business Management for IT Professionals, Financial Technologies, and Data Science for Business Excellence & Innovation.

IIM Nagpur is the first among the six new-generation IIMs and was established by the Government of India. This institute has collaborated with multiple foreign universities to provide various student exchange programs. IIM Nagpur is also a member of AACSB - The Association to Advance Collegiate Schools of Business. In this article, BYJU'S Exam Prep experts have mentioned all the details related to IIM Nagpur placements, packages, fees, courses, eligibility, cutoffs, scholarships and many more.

IIM Nagpur MBA College

Indian Institute of Technology Nagpur officially began its first Post Graduate Programme in Management on 23 July 2015 under the guidance of IIM Ahmedabad. The institute collaborates with the Asian Institute of Technology, Thailand, Instituto Tecnologico Autonoma de Mexico (ITAM), Chuo University, Japan, and Tel Aviv University, Israel, to provide hands-on experience and exposure to global academics and industry. Currently operational from the VNIT Nagpur campus will soon be shifted to the sprawling 135-acre campus located at Mihan, Nagpur. IIM Nagpur has a well-formulated curriculum taught by 18 full-time and 4 visiting prestigious faculty members. This institute has grown in academics and has been achieving 100% placements. Note the table below to get basic information about the Indian Institute of Management Nagpur.

Particulars

Statistics

Established

2015

Also Known As

IIM-N

City

Nagpur

IIM Nagpur Official Website

https://www.iimnagpur.ac.in/

Accepted MBA Exams

CAT

Popular Courses offered by IIM Nagpur

MBA/PGDM

Ownership

Public/Government, Autonomous

Total Courses

1 course across 1 stream

Faculty

22

IIM Nagpur International Collaborations

4

Location

Indian Institute of Management, VNIT Campus, South Ambazari Road,

Nagpur, Maharashtra

India – 440010

Institute Type

Public Business School

IIM Nagpur Infrastructure and Facilities

Library

Hostel

Well maintained Classrooms

Top Recruiters of IIM Nagpur

Deloitte, ZS, JLL, Yes Bank, TVS, Gartner, Amazon, Berger, OLX, Value Labs, Calder YS, Sutherland, Schindler, Mapro, Fractal, Larsen and Toubro, Blue Star, Amul, Mu Sigma, JKT, Gati, Zycus, Xpress Minds, BNY Mellon

IIM Nagpur MBA Fees

Rs. INR 18 Lakhs (MBA)

IIM Nagpur admission process

Based on CAT and GMAT

IIM Nagpur placements

Average IIM Nagpur Packages: INR 15.21 LPA

Highest IIM Nagpur Packages: INR 31.54 LPA

IIM Nagpur cut off

85 percentile (min criteria)

☛ See Also: CAT Registration

IIM Nagpur Placements

Indian Institute of Management Nagpur has seen great improvement and a hike in the placement trends each year. Even this year, despite the COVID-19 pandemic, the authority of IIM Nagpur managed to grab effective and improved placement statistics with an increase in the average and median CTC offered. More than 60% of the students were placed in the consulting and IT sector, and in summer placements – the highest stipend was Rs 2.5 Lakhs, and the average stipend was Rs. 62K.

IIM Nagpur has its Career Development Services (CDS) office and the Student Placement Committee to organize various placement activities like industry seminars, guest lectures, and workshops. Check the below section to get basic highlights of IIM Nagpur Placements statistics of last year.

  • The highest IIM Nagpur Packages saw a 108.33% dip from Rs 40 LPA in 2020 to Rs 19.20 LPA in 2021
  • The average and median CTC increased by 0.83% and 1.56% from Rs 13.10 LPA in 2020 to Rs 13.21 LPA in 2021 and from Rs 12.80 LPA in 2020 to Rs 13 LPA in 2021, respectively
  • Consulting was the top recruiting sector at IIM Nagpur, with 31.9% of the students being offered job roles in this sector
  • 41 first-time recruiters made offers in the final placements drive of the Indian Institute of Management this year.

Particulars

Statistics (2020)

Statistics (2021)

Batch strength

106

121 ↑

Placement Rate

100%

100%

Highest IIM Nagpur Packages

Rs 40 LPA

Rs 19.20 LPA ↓

Average IIM Nagpur Packages

Rs 13.10 LPA

Rs 13.21 LPA ↑

Median IIM Nagpur Packages

Rs 12.80 LPA

Rs 13 LPA ↑

Average CTC (top 50% of students)

N/ A

Rs 15.53 LPA

New recruiters

50+

41+ ↓

Participating sectors

Analytics, Automobile, BFSI, FMCG, Consulting

Consumer Durables, EdTech, E-commerce, Analytics, Logistics

Highest recruiting sector of IIM Nagpur

Consulting

Consulting

Top Roles offered

Sales & Marketing

Strategy, Consulting & Analytics

Top job profiles

N/ A

Management Consulting, Research, and Advisory, Brand Management, Key Account Management, Fixed Income Research

Top recruiters of IIM Nagpur

Deloitte, Mu Sigma, ValueLabs, Wipro Digital, Infosys, Mphasis, FIITJEE

BNY Mellon, Bain & Company, Xiaomi, Salesforce, Accolite Digital, Utkarsh Small Finance Bank

Placements Process of IIM Nagpur

Note the table below to know the placement process of the Indian Institute of Management Nagpur.

  1. CDS (Career Development Services) and the Student Placement Committee: The IIM Nagpur recruitment process is handled by the CDS and Student Placement Committee team.
  2. Students Applications: The organizations visiting IIM Nagpur share a detailed description of the roles, which is percolated to the students. The students apply as per their own interests, and their applications are forwarded to company representatives.
  3. Shortlisting of students according to their relevant profiles
  4. Organizes Pre-Placement Talks (PPTs) and Interviews
  5. IIM Nagpur Selection Process: Based on Case Study-based Group Discussion and a few rounds of Personal Interviews, the final shortlisting of students is done
  6. Final Offer: Final job offers are made to the students by sending a formal offer letter to the CDS office, and the offer acceptance is taken from the students.

☛ See Also:

IIM Nagpur Final Placement Process

Note the table below to get the final placement process of the Indian Institute of Management Nagpur.

  • Step 1 – Companies share the job descriptions with the placement cell – CDS.
  • Step 2 – Students apply for relevant profiles and submit their applications.
  • Step 3 – Companies visit the campus for pre-placement talks.
  • Step 4 – The recruitment process is conducted by companies in multiple stages.
  • Step 5 – Students appear for GDs, Case Study Analysis, and Personal Interviews.
  • Step 6 – Final offers are made by shortlisting students, and offer letters are sent out to CDS based on the student's performance.

Previous Years’ Placements Trends of IIM Nagpur

The placement students and median CTC is on a constant rise for the past 3 years:

Particulars

2019-21

IIM Nagpur placement last years trends - 2018-20

2017-19

Number of Students Placed

121

108

55

Median CTC

Rs. 13 LPA

Rs. 12.8 LPA

Rs. 12 LPA

IIM Nagpur Placements Reports

The following table represents the batch profile of IIM Nagpur batch 2021:

Particulars

Statistics

Male Students

84%

Female Students

16%

Note the table below to get detailed data on domain-wise placements at IIM Nagpur

Domain

Percentage of Offers

Sales & Marketing

36.97

General Management

21.85

Strategy & Consulting

15.13

Finance

9.24

IT & Analytics

8.40

Operations

8.40

Summer Placements at IIM Nagpur

Indian Institute of Management Nagpur also successfully completed the summer placements with some of the top participating recruiters like Microsoft, Future Generali, BNY Mellon, Doha Bank, SIDBI, Hindustan Petroleum Shriram Housing Finance, etc. Jobs were offered in multiple sectors like FMCG, E-commerce, EdTech, Consumer Durables, Consulting, and Analytics, among others.

  • The highest stipend increased by 108.33% from Rs 1.20 lakh (2021) to Rs 2.50 lakh this year
  • The average stipend (overall) and the average stipend of the top 50% of students increased by 14.79% and 28.66%, respectively, this year
  • The median stipend dropped from Rs 50,000 to Rs 40,000 in 2021
  • Over 100 recruiters participated during the summer placement drive this year
  • BFSI was the top recruiting sector, with 15.18% of students opting for summer internship roles in this sector
  • Marketing and Sales emerged as the most popular job profile among the students

Particulars

Statistics (2021 Batch)

Statistics (2022 Batch)

Batch strength

123

208 ↑

Placement rate of IIM Nagpur

100%

100%

The number of companies that participated

60+

100+ ↑

Highest Stipend

Rs 1.20 lakh

Rs 2.50 lakh ↑

Average Stipend

Rs 54,064

Rs 62,063 ↑

Median Stipend

Rs 50,000

Rs 40,000 ↓

Average Stipend (top 50% of students)

Rs 73,993

Rs 95,200 ↑

Students taking on-campus offers

N/ A

191

Number of dual offers

N/A

9

Highest recruiting sectors

E-commerce, Consulting

BFSI, EdTech

Top recruiters

V-Guard, Fossil, Philips Carbon Black, BigBasket, Crompton Greaves, Lenskart, etc.

United Breweries, Microsoft, YourStory, Nivia Sports, Future Generali, Doha Bank, etc.

☛ See Also:

IIM Nagpur: Domain-wise Summer Placement

Note the table below to get domain-wise data for the summer placement of the Indian Institute of Management Nagpur.

Domain

Percentage of Offers

Sales & Marketing

58.64

General Management

14.14

Strategy & Consulting

9.95

Finance

8.38

IT & Analytics

3.66

Operations

5.24

Sector-wise Summer Placements at IIM Nagpur

Note the table to get sector-wise data for the summer placement of the Indian Institute of Management Nagpur.

Sector

Percentage of Offers

Consulting

7.33%

EduTech

13.09%

ITes

12.04%

BFSI

15.18%

Ecommerce and Logistics

7.85%

Manufacturing

7.33%

FMCG and FMCD

12.04%

Oil and Gas

6.28%

Health and Pharma

5.76%

Others

13.10%

IIM Nagpur Summer Placements: Top Recruiters

Below we have listed the name of all the top recruiters of the Indian Institute of ManagementNagpur that offered job opportunities to the students during summer placement drive.

Top Recruiters of IIM Nagpur

BNY Mellon

Dalmia Bharat

UB Ltd

Crompton

Tasty Bite

Future Generali

Lets Solve

SHRIRAM

Canara Bank

Akshaya Patra

Doha Bank

Creative Labs

Ascent Health & Wellness

NIVIA

Neeyamo

IIM Nagpur Packages: Sector-wise Salary

Indian Institute of Management Nagpur sector-wise salary analysis is given below.

  1. The IIM Nagpur highest salary offered dropped from Rs 40 LPA to Rs 19.20 LPA in 2021.
  2. The average CTC increased to 0.83% from Rs 13.10 LPA to Rs 13.21 LPA.
  3. The median CTC increased by 1.56% from Rs 12.80 LPA to Rs 13 LPA in 2021.
  4. IIM Nagpur sector-wise salary compared to previous years' trends (in Rs. LPA)

Details

2019

2020

2021

IIM Nagpur highest salary offered

20

40

19.2

IIM Nagpur average salary offered

12.41

13.1

13.21

IIM Nagpur median salary offered

12

12.8

13

IT and Consulting Sector Placements at IIM Nagpur

Note the table below to get details of IT and Consulting sector placements at the Indian Institute of Management Nagpur.

Top recruiters with maximum offers in IIM Nagpur

Role

CTC (Rs.)

Number of Students

Deloitte

Consultant

11-14 LPA

5-6

MuSigma

Manager

14-16 LPA

-

Trianz

Consultant

15-17 LPA

-

ValueLabs

Associate Director

16-19 LPA

3

Wipro Digital

Business Analyst

10-11 LPA

1

FSS

Product Strategy

13-16 LPA

2

Infosys

Analytics

9.5-11.5 LPA

2-3

L&T Infotech

Senior Business Analyst

13-15 LPA

1

HCL

Multiple

12-13 LPA

5

Mphasis

Business Analyst

11-12 LPA

1

Hexaware

Management Trainee

10-12 LPA

4

TA Digital

Multiple

12-13 LPA

4

Genpact

Consulting

10-11 LPA

-

Tech Mahindra

Sr. Business Associate

9-11 LPA

2-3

☛ See Also:

CAT Question Paper

CAT Answer Key

IIM Nagpur E-commerce, Finance, and Analytics Sector Placements

Note the table below to get details of E-commerce, Finance, and Analytics sector placements at Indian Institute of Management Nagpur.

Top recruiters with maximum offers in IIM Nagpur

Role

CTC (Rs.)

Number of Students

Kotak Mahindra

Relationship Manager

12-13 LPA

2

ANZ

Research Analyst

10-12 LPA

1

Tresvista

Analyst

10.5-12.5 LPA

-

Tredence Analytics

Management Trainee

14-16 LPA

2

Merilytics

Analytics

13.5-14.5 LPA

-

Invento Robotics

Business Development Manager

10-12 LPA

1

FIITJEE

Territory Business Head

40 LPA

1

Akash Institute

Dy Branch Head

12-14 LPA

1

Teamlease

Manager

10-12 LPA

1

Sales and Marketing Sector Placements at IIM Nagpur

Note the table below to get details of Sales and Marketing sector placements at Indian Institute of Management Nagpur.

Top recruiters with maximum offers in IIM Nagpur

Role

CTC (Rs.)

Number Of Students

ThyssenKrupp

Manager

15-16 LPA

6

TVS

Management Trainee

12-13 LPA

2

TATA Power

Management Trainee

9-11 LPA

3

PolyCab

Business Leadership Trainee

13-15 LPA

2

MhaMetro

MT

15-17 LPA

-

DropShop

Business Analyst

9-10 LPA

1

DHL

Management Trainee

11-12 LPA

2

IIM Nagpur Cut Off

The candidate must be eligible as per the given CAT Cut Off percentile for different categories in the CAT.

Category

Minimum CAT percentile for shortlisting, section-wise and overall

DI LR Percentile

VA RC Percentile

QA Percentile

Overall Percentile

Seats

General

72

72

72

85

97

EWS

72

72

72

85

24

OBC

65

65

65

76.5

65

SC

50

50

50

60

36

ST

35

35

35

40

18

DAP

35

35

35

40

12

IIM Nagpur Fees Structure

Indian Institute of Management Nagpur fee can be paid online and depends on the structure of each program.

S. No.

Degree

Fees for the course (in Rs.)

1.

PGP

(Domestic)

Rs. 13,75,000

2.

PGP (Overseas)

SAARC Nations - USD 20,000

Other nations - USD 30,000

IIM Nagpur MBA Fees

Note the table below to get all the details of IIM Nagpur MBA Fee Structure.

Course

Fees Structure

IIM Nagpur Eligibility

PGPM

Rs.13.75 Lakhs (Total Fees)

Graduation with 50% + CAT

IIM Nagpur MBA fees

Rs.9.5 Lakhs (Total Fees)

Graduation with 50%

PGP

Rs.1.75 Lakhs (Total Fees)

Graduation

PGCM

Rs.1.6 Lakhs (Total Fees)

Graduation

PG Certificate

Rs.1.8 Lakhs (Total Fees)

Graduation

Education Loan Facility at Indian Institute of Management Nagpur

Several banks offer education loans to provide assistance to students who have applied for admission to IIM Nagpur. All they have to do is to submit their offer letter and other relevant documents and avail of education loans at the least rate of interest available for students.

  • Bank of Baroda
  • Bank of India
  • Bank of Maharashtra
  • IDBI Bank
  • State Bank of India
  • Bank Name
  • Axis Bank
  • Canara Bank
  • Central Bank of India
  • Union Bank of India

Indian Institute of Management Nagpur: Course-Wise Eligibility

Below we have listed the course-wise eligibility details of IIM Nagpur.

Courses - IIM Nagpur MBA courses

IIM Nagpur MBA/PGP Course eligibility requirements

PGPM/MBA

Duration: 2 years

Eligibility: 50% aggregate marks in Graduation

Selection criteria: CAT/GMAT score + PI

PhD.

Duration: 3 years

Eligibility: 60% marks in Postgraduation

Selection Criteria: CAT/GMAT + PI

EMBA

Duration: 1-year

Eligibility: Postgraduation

IIM Nagpur Courses Offered

Below is the list of programs offered by Indian Institute of Management Nagpur.

Courses

Duration

Seats

Accepted Exams

Total Fees

Mode

MBA/PGDM

2

240

CAT

INR 13.75 LPA

Degree, On Campus, Post-Graduation, Full Time

Ex-MBA

2

-

CAT

INR 9.5 LPA

Degree, On Campus, Post-Graduation, Full Time

PhD

3

-

-

-

Degree, On Campus, DOCTORATE/M.PHIL, Full Time

EEP

1

-

-

-

Degree, On Campus, DOCTORATE/M.PHIL, Full Time

Apart from this, IIM Nagpur also provides different PG certificate programs. Here is the list:

  • Post Graduate Certificate in Operations Management:
  • Post Graduate Program in Management for Senior Executives
  • Post Graduate Certificate in Strategic Management
  • Post Graduate Certificate in Digital Strategy and Marketing Analytics
  • Post Graduate Certificate in Data Science for Business Excellence and Innovation
  • Post Graduate Certificate in Business Management for IT Professionals
  • Post Graduate Certificate Program in Financial Technologies

Admission Process of IIM Nagpur

The following factors will be considered during the admission process of Indian Institute of Management Nagpur.

  • Past Academic Performance (PAP),
  • Work Experience (WE),
  • Common Admission Test (CAT),
  • Personal Interview (PI),
  • Written Ability Test (WAT)

Admission will be granted to candidates who score the maximum according to the following weightage system followed for each factor:

Criteria

Percentage

CAT Score

20%

Past Academics

20%

Work experience

20%

Personal Interview

35%

Writing Ability Test

5%

The selected students receive provisional admission intimation by email, and they will have to pay an acceptance fee of Rs 50,000, including the registration amount of Rs 1000. (the remaining amount shall be adjusted in the fee).

Seat Reservation Policy of IIM Nagpur

Note the table below to get details of the seat reservation policy of the Indian Institute of Management Nagpur.

Category

Reservation (%)

Seats per category

General

97

EWS

10

24

NC-OBC

27

65

SC

15

36

ST

7.5

18

DAP (Differently Abled Persons)

(Horizontal Reservation across categories)

5

12

Total Seats

240

☛ See Also:

Indian Institute of Management Nagpur Scholarship

IIM Nagpur provides Special Need-Based Scholarships (SNBS) with the facility of a fee waiver to eligible students, which is entirely based on their annual family income, credit status, and the value of their assets.

IIM Nagpur, as initiated by the Government of India/State Government, offers many other scholarships that are awarded to students. The details are

  • Merit Cum Means Scholarship for professional and technical courses
  • Scholarships for top-class education for students with disabilities
  • Top Class Education Scheme for SC students
  • National Fellowship and Scholarship for the higher education of ST students
  • Chief Minister Fellowship Yojana (CMFY), Jharkhand
  • Rajarshi Shahu Maharaj Merit Scholarship to SC students, Maharashtra
  • The Institute also facilitates scholarships awarded by corporates and private organizations

IIM Nagpur Infrastructure and Facilities

Library – With a collection of more than 400 Books,100000 e-books, and the latest business & management books, journals, textbooks, and audio-visual materials.

Hostel - Single- seater accommodation with spacious rooms for every student.

Sports Complex - Badminton Court, Table-Tennis, Tennis Court, Basketball Court, Futsal Ground, Cricket Ground, Volleyball Court,

  • Labs
  • Cafeteria
  • Gym
  • Wi-Fi Campus
  • Bank and ATM
  • Seminar Hall
  • Well-maintained Classrooms
  • Hygienic Mess

Indian Institute of Management Nagpur Hostel

The Master of Business Administration at IIM Nagpur is a two-year residential program with the state of the art hostel facilities. It requires all the students to reside on campus throughout the duration of the program. The IIM Nagpur hostel is well-equipped with:

  1. Adequately furnished rooms with access to the recreation room
  2. Fitness centre/gym
  3. Games and sports etc.
  4. The hostel mess provides quality food in collaboration with the mess staff.

IIM Nagpur Faculty & Alumni

Below is the list of faculties and alumni of the Indian Institute of Management Nagpur. Dr. Bhimaraya Metri is the Director of IIM Nagpur

Other Faculty Details

  • Prof. Ankita Dash - Professor, Economics and Social Sciences
  • Prof. Annapureddy Rama Papi Reddy - Professor, Production and Operations Management
  • Prof. Arun Kumar Rath - Professor, Strategy and Entrepreneurship
  • Prof. Aruna Tatavarthy - Professor, Marketing
  • Prof. Atul Arun Pathak - Professor, Strategy and Entrepreneurship
  • Prof. Bhimaraya Metri - Professor, Production and Operations Management
  • Prof. Deeparghya Mukherjee - Professor, Economics and Social Sciences
  • Prof. Gunjan Tomer - Professor, Decision Science and Information Systems
  • Prof. Indrajit Thakurata - Professor, Economics and Social Sciences
  • Prof. Kartik Yadav - Professor, Economics and Social Sciences

IIM Nagpur Alumni

  • Aishwarya Vishwanathan
  • Aniket
  • Devika Hari
  • Hitesh Mahajan
  • Samavedam Venkata Rama Siva Kumar
  • Shubham Gupta

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FAQs on IIM Nagpur

  • The Determining Factors that decide the IIM Nagpur CAT Cutoff are:

    1. Ranking of the institute
    2. The difficulty level of the exam
    3. Number of people who gave the exam
    4. Number of people who've passed the exam
    5. Number of seats in a particular institute
  • IIM Nagpur has set up InFED – IIM Nagpur Foundation for Entrepreneurship Development centre for entrepreneurial learning, promoting research, and start-up incubation.

  • These are various IIM Nagpur Clubs and Committees for students as follows:

    1. Finesse, the Finance Club
    2. MARX, the Marketing Club
    3. Opex, the Operation ClubPredixion, the Analytics Club
    4. EQUES Strategy and Consulting Club
    5. ToastMasters Media Connect
    6. E-cell
    7. Ummeed, the Community Outreach Club
    8. Abhyudaya, the cultural Club
    9. Sports Club
    10. Cineastes Alumni Committee
    11. Placement Committee
    12. Events Committee
    13. Mess Committee
    14. Infrastructure Committee
  • The qualifying CAT cutoff of IIM Nagpur is the minimum percentile, and the final CAT cutoff is the percentile that candidates must have to participate in the WAT and GDPI rounds.

  • Some of the imperative IIM Nagpur accreditations are:

    • Strong collaboration with AACSB - the Association to Advance Collegiate Schools of Business
    • IIM Nagpur has achieved 30th Rank according to the India Today MDRA Survey 2020
    • It has received an SES REC Certificate.
  • Some of the frequently asked questions are:

    • Tell us something about yourself.
    • Where do you see yourself in five years?
    • Why should we choose you?
    • What if you are not selected?
    • Why IIM Nagpur?
  • IIM Nagpur follows a 3 stage admission process.

    • Stage 1 - Candidates need to apply for CAT
    • Steg 2 – After clearing the required cut-off and the Composite Score (CS), candidates will be called for a Personal Interview (PI) round
    • Stage 3 - Final selection based on the PI and WAT scores which comprise the FS (Final Score), will be the deciding factor for admission to IIM Nagpur.
  • The maximum number of offers made by a sector during IIM Nagpur final placements was the Consulting sector (31.93%), and the second was the ITeS sector (25.21%).

  • Yes, IIM Nagpur’s Career Development Services (CDS) office and the Student Placement Committee arrange for inviting companies, organizing industry seminars, guest lectures, and workshops to provide placement support for the students, and finally, helping them with their final offer letter.

  • PAP is the cumulative performance of the candidate based on his academic performance and marks obtained in the 10th Standard Examination, 12th Standard Examination, and Bachelor’s Degree Examination.

  • IIM Nagpur offers both function-specific and customized programs in areas like marketing, HR, information technology, organizational behaviour, finance, strategy, etc., and even general management programs from a wide range of functional areas that can be conducted at any location based on mutual convenience.

  • For IIM Nagpur MBA/PGP admission 2021, the qualifying cut-off for General category students is 85 percentiles, and the IIM Nagpur Cut Off is expected to be around 95-96 percentile.

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