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Top MBA Colleges in Nagpur 2026: Fees, Cutoffs and Placements

Samridhi Mittal•Updated on Tue Nov 03 2026
7 min read•4.6K+ views
Top MBA Colleges in Nagpur 2026: Fees, Cutoffs and Placements
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Quick Answer: IIM Nagpur, SIBM Nagpur, IMT Nagpur, Ramdeobaba University and RTMNU are the top MBA colleges in Nagpur. IIM Nagpur has the highest fees and packages, but it awards a PGP, and IMT Nagpur awards a PGDM, not an MBA. SIBM Nagpur and Ramdeobaba University are private options that award an actual MBA, and RTMNU is the government option with the lowest fees.

Key Takeaway:

  • IIM Nagpur: ₹21 lakh fees, ₹18.08 LPA average package, CAT cutoff around 95 percentile (awards a PGP, not an MBA)
  • SIBM Nagpur: ₹18.21 lakh fees, ₹12.84 LPA average package, SNAP cutoff around 55 percentile
  • IMT Nagpur: ₹15 lakh fees, ₹10.25 LPA average package, CAT cutoff around 75 percentile (awards a PGDM, not an MBA)
  • Ramdeobaba University: ₹5.65 lakh fees, MAH CET cutoff around 92 percentile
  • RTMNU: Around ₹48,000 fees, ₹2.75 LPA average package, MAH CET cutoff around 85 to 88 percentile

In this blog, we cover the fees, cutoffs and placements of the top MBA colleges in Nagpur, along with how to get into each one.

MBA Colleges in Nagpur

Among the top management institutes, IIM Nagpur and IMT Nagpur rank at the top, however, they are autonomous institutes, not universities, so they offer PGP and PGDM, respectively, which are equivalent to an MBA degree program. Here are the top 5 MBA Colleges in Nagpur:

College Ownership Program Offered
IIM Nagpur Government PGP
SIBM Nagpur Private MBA
IMT Nagpur Private PGDM
Ramdeobaba University Private MBA
RTMNU (Department of Business Management) Government MBA

What are the MBA Colleges Fees in Nagpur?

MBA fees in Nagpur range from around ₹48,040 at RTMNU to ₹21 lakh at IIM Nagpur. The figures below are total program fees for the 2026 batch, and IMT Nagpur's amount also includes hostel and mess charges.

College Total Fees (2 Years)
RTMNU ₹48,040
Ramdeobaba University ₹2,85,000
IMT Nagpur ₹16,00,000
SIBM Nagpur ₹18,18,000 (for learners outside Nagpur)
IIM Nagpur ₹21,00,000
Also Read: https://www.collegesathi.com/blogs/mba-fees-in-india-iim-government-private-online

Placements at MBA Colleges in Nagpur: What Do Students Earn?

Average packages in Nagpur range from ₹2.75 LPA at RTMNU to ₹18.08 LPA at IIM Nagpur, and the highest packages go above ₹70 LPA at IIM Nagpur.

College Average Package Highest Package
IIM Nagpur ₹18.08 LPA ₹73.17 LPA
SIBM Nagpur ₹12.84 LPA ₹28.38 LPA
IMT Nagpur ₹12 LPA ₹24 LPA
RTMNU ₹2.75 LPA ₹10.5 LPA
Ramdeobaba University ₹3.36 LPA ₹48 LPA
Quick Fact: SIBM Nagpur and SIBM Pune both admit through SNAP, but SIBM Nagpur's cutoff is around 55th percentile, while SIBM Pune asks for around 97th percentile.

MBA Cutoffs in Nagpur: What Percentile Do You Need?

Each college accepts a different entrance exam and asks for a different percentile. Cutoffs change every year and differ by category, so consider the numbers below as the general category range.

  • IIM Nagpur accepts CAT, with a cutoff around 95 percentile.
  • IMT Nagpur accepts CAT, XAT, CMAT and GMAT, with a CAT cutoff around 75 percentile.
  • SIBM Nagpur accepts SNAP and MAH CET, with a SNAP cutoff around 55 percentile.
  • Ramdeobaba University accepts MAH CET, CAT, CMAT, MAT and XAT, with a MAH CET cutoff around 92 percentile.
  • RTMNU accepts MAH CET, CMAT and MAT, with a MAH CET cutoff around 85 to 88 percentile.
Quick Tip: MAH CET is the common exam for the government and private colleges in the city, so one strong MAH CET score gives you options at Ramdeobaba University, SIBM Nagpur and RTMNU together.

Conclusion

IIM Nagpur has the highest fees, cutoff and packages among Nagpur's MBA colleges, but it awards a PGP, and IMT Nagpur awards a PGDM. SIBM Nagpur and Ramdeobaba University award an actual MBA at mid-range fees, and RTMNU is the only government MBA option, with fees of around ₹48,000. 

If you want help choosing between these colleges based on your score and budget, CollegeSathi offers free counselling to guide you through the options.

Frequently Asked Questions

IIM Nagpur is the best-known MBA college in Nagpur, with the highest average package at ₹18.08 LPA. It awards a PGP, not an MBA. Among colleges that award an MBA, SIBM Nagpur has the highest average package at ₹12.84 LPA.

MBA fees in Nagpur range from around ₹48,000 at RTMNU to ₹21 lakh at IIM Nagpur. Ramdeobaba University charges ₹2.85 lakh, IMT Nagpur ₹16 lakh, and SIBM Nagpur ₹18.18 lakh.

IIM Nagpur, SIBM Nagpur and IMT Nagpur have the strongest placement records in the city, with average packages of ₹18.08 LPA, ₹12.84 LPA and ₹12 LPA.

IIM Nagpur asks for around the 95th percentile in CAT, IMT Nagpur around the 75th percentile in CAT, and SIBM Nagpur around the 55th percentile in SNAP. Ramdeobaba University and RTMNU use MAH CET, with cutoffs around the 85th to 88th percentile.

No. IIM Nagpur is an autonomous institute, not a university, so it awards a PGP, not an MBA.

Yes. The Department of Business Management at RTMNU is a government MBA college in Nagpur, with total fees of around ₹48,000.

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