Home Management Institution IIM Nagpur : An Over View

IIM Nagpur : An Over View

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Logo of IIM Nagpur
Logo of IIM Nagpur

Introduction

IIM Nagpur was established in the year 2015 and comes under the umbrella of baby IIMs and is mentored by the administration of IIM Ahmedabad. The college is currently a member of The Association to Advance Collegiate Schools of Business (AACSB) and has shown significant growth within a short span of time. We will now look into the various sections covering all the aspects of this college in this article.

List of Contents

  1. Location
  2. Ranking
  3. Courses Offered
  4. Admission Procedure
  5. Fee Structure
  6. Campus
  7. Placement Statistics
  8. Useful Links

Location

Nagpur is located in the Vidarbha region of Maharashtra and has very good connectivity by air, railways, and road network from all parts of the country.

The campus is situated at a distance of 9 kms from the nearest airport (Dr. Babasaheb Ambedkar Nagpur International Airport) and the travel time is approximately 20 minutes to reach the campus.

The closest railway station to the campus is the Nagpur Junction Railway station which is at a distance of 17 kms from campus and takes about 30 minutes to reach the campus.

Google map link to reach the campus: https://goo.gl/maps/zgRqqBR16Un16pW4A         

Courses Offered:

The following are the various degree-granting courses offered in IIM Nagpur for a wide variety of aspirants ranging from freshers to executives. These programs are tabulated as under:

S.No. ProgramDuration Eligibility
1Master in Business Administration (MBA)Two Years full time Bachelor’s Degree
2MBA for Working Professionals at IIM Nagpur Main campusTwo Years full timeWorking professionals with minimum 50% marks (or equivalent) in graduation and minimum 3 years of work experience.
3MBA for Working Professionals at IIM Nagpur Pune campusTwo Years full timeWorking professionals with minimum 50% marks (or equivalent) in graduation and minimum 3 years of work experience.
4Ph.D. (Doctoral Programme)Four yearsMaster’s degree with a minimum of 60% or equivalent marks (OR) Post-graduate diploma in management of two years in duration passed with at least 60% or equivalent marks (OR) Professional qualification – CA/ICWA/CS with minimum of 60% or equivalent marks (OR) A five-year integrated Master’s degree in any discipline with at least 60 % aggregate or equivalent marks (OR) A 4 year / 8 semesters Bachelor’s degree with a minimum of 85% or equivalent marks
5Ph.D. (Executive)four to six yearsMandatory: Professional qualification – CA/ICWA/CS (with at least 50 percent aggregate marks) along with a Bachelor’s degree exam passed with minimum 55% marks or equivalent (OR) B Tech/BE /B. Pharm or any other four year Bachelor’s degree with 60% marks or equivalent (OR) MBBS/B. Arch or any other five year Bachelor’s degree with 55% marks or equivalent (OR) M. Tech/MBA/M.Com or any other Master’s degree programme with 55% marks or equivalent (AND) A minimum of ten years of full time work experience.

Ranking

IIM Nagpur has obtained 40th rank among all the B-schools in the NIRF Rankings 2021. The following are the other rankings obtained by the institute.

BodyRankingYear
Outlook-ICARE India MBA Rankings25th place2021
India Today MDRA Survey 202030th place2020
T.I.M.E B-School CategorizationAA Category2020

Admission Procedure

The admission process for the PGP program is similar to all other IIMs, and the students need to take a CAT exam and also should have either completed their Bachelor’s degree or be in their final year of their Bachelor’s degree while writing the CAT Exam.

Refer here for PGP admission procedures.

After taking the CAT exam, aspirants will have to appear for an interview based on shortlisting from various criteria like the performance in the 10th, and 12th exams, UG score, and gender diversity factor as well. The weightage for each of these factors varies every year depending upon the candidate pool available to the college.

For admission to the MBA-WP main campus program refer here.

For admission to the MBA-WP Pune campus program refer here.

For admission to the Ph.D. program refer here.

For admission to the Ph.D. (Executive) program refer here.

Selection Criteria for PGP admissions – Indian Institute of Management, Nagpur

There are two stages of selection:

  1. Shortlisting candidates based on their CAT Scores, 10th, and 12th board marks for PI.
  2. Final Selection on the basis of PI.

The first basis of shortlisting candidates is through their CAT Score, 10th and 12th board marks. Along with the overall CAT Score, section-wise scores are also considered while shortlisting candidates.

Minimum CAT Score Requirement (CAT 2021) to be considered eligible for PI stage (In percentile):

CategorySection 1 – VARCSection 2 – DILRSection 3 – QAAggregate
Open/General72727285
Non-Creamy OBC65656576.5
EWS72727285
SC50505060
ST35353540
DAP (Horizontal Reservation)35353540

Selection Criteria for the PI process is based on various scores and the weightage for these scores is tabulated as follows:

ComponentWeightage
CAT Score30%
Past Academic Performance (PAP Score – Class X and XII marks)30%
Work Experience20%
Gender diversity score15%
Academic diversity score5%
Total100

Final Selection Criteria

For the final selection, the shortlisted candidates are required to take an interview through CAP, and during the interview, the candidate’s academic performance, knowledge of concepts in the bachelor’s degree, and prior work experience (if applicable) will be judged.

The final selection will be made on the following basis:

  1. Personal Interview (PI)
  2. CAT Score
  3. Past Academic Performance (PAP Score)
  4. Quality Weighted Work Experience (QWWE) Score
  5. Gender Diversity (GDI) Score

These components have the following weightage in the final selection procedure:

ComponentWeightage
Personal Interview (PI)40%
CAT Score15%
Past Academic Performance (PAP Score)10%
Quality Weighted Work Experience (QWWE) Score15%
Gender Diversity (GDI) Score10%
Total90

Fee Structure

The total fee for the flagship MBA program is INR 18,00,000 for the year 2022-24 and the fee payable at the time of acceptance of the admission in course is Rs 75,000**. The detailed fee structure will be released by the college soon on its website.

** This payment of fee will be adjusted towards the Total fee for Term I becomes  due at the time of programme registration.

The offer acceptance and term fees for all the terms have to be paid online, for that a  payment link will be shared with the candidates for the same.

 Education Loan


Many of the banks offer education loans to support candidates’ in pursuing education at IIM Nagpur. While many students raise the loan after joining the programme.

Candidates are encouraged to finalize the loan arrangements soon after receiving the admission offer letter.

Bank NameBank Name
Bank of BarodaAxis Bank
Bank of IndiaCanara Bank
Bank of MaharashtraCentral Bank of India
IDBI BankUnion Bank of India
State Bank of India

Scholarships

In order to support meritorious students, IIM Nagpur provides the following scholarships for its students. Some of the Government of India scholarships for IIM Nagpur students are mentioned below:

1. 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 Higher Education of ST Students – Scholarship (Formally Top-Class Education for Schedule Tribe Students) – only for scholarships

2. Chief Minister Fellowship Yojana (CMFY) – Jharkhand

3. Rajarshi Shahu Maharaj Merit Scholarship to SC students – Maharashtra

Also, the institute provides full tuition fee waiver scholarships to 20 students annually in the following categories (10 in each category).

  • IIM Nagpur Merit Scholarship – for candidates securing 95%ile or above in CAT.
  • IIM Nagpur Need-cum-Merit Scholarship – for candidates with family income less than Rs 5 lakh

Campus

Future Campus of IIM Nagpur

IIM Nagpur has two campus, namely the main campus at MIHAN and the satellite campus at Pune. Currently the permanent campus is under construction and is designed to cater to the needs of nearly 600 students. This campus is spread across 132 acres and has many facilities like hostels, state-of-the-art academic complex, library, administrative block, student hostels, sports complex and faculty housing. Until the construction works for the permanent campus is completed, the college will function from the premises of VNIT Nagpur.

The Pune satellite campus has been designed to accommodate the academic needs of the following batches.

  • MBA for Working Professionals (MBA-WP)
  • Post Graduate Programme in Transport Management
  • Executive Education Programmes (EEP)

It has all sufficient infrastructure like classrooms, offices, laboratories, library, auditorium, discussion rooms, computer rooms, audio-visual facilities, hostel, and dining halls for the students studying on this campus.

Placement Statistics

IIM Nagpur has achieved 100% placements for the 2020-22 batch. The following are statistics for the 2020-22 batch on various fronts:

Various data related to CTC :

No of students200
Highest CTCINR 31,54,000
Average CTCINR 15,21,000
Median CTCINR 15,42,000
Increase in Median CTC18.62%
Increase in Average CTC15.12%
New recruiters31

Domain wise offer break up:

DomainNo of students placed
IT & Analytics28.93%
Strategy & Consulting23.35%
Sales & Marketing21.32%
Finance9.64%
Operations4.57%
General Management12.18%

Sector Wise offer break up:

Sector NameNo of students placed
ITES39.59%
Consulting32.49%
BFSI11.68%
E-Commerce & Logistics5.58%
Conglomerate4.06%
FMCG & FMCD4.06%
Edu-Tech2.54%

Some of the key recruiters for this year’s batch are:

AccentureAmazon
Anand RathiDell
DeloitteDHL
GE AviationHCL
ICICI BankMicrosoft
SalesforceSwiggy
Tata MotorsTech Mahindra
XiaomiZS Associates

Useful links

Official websitehttps://www.iimnagpur.ac.in/
Courseshttps://www.iimnagpur.ac.in/programmes/mba/about-mba/
Placementshttps://www.iimnagpur.ac.in/programmes/mba/placements/placement-highlights/
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