IIM Nagpur Admission 2024: To Participate in CAP 2024; Offers High RoI MBA; Seats Increased to 260 Students; Check Revised Selection Process, Cut-off, Fees, Placement

IIM Nagpur, one of the top 45 B-schools in India, as per NIRF Rankings 2023, is also a high RoI B-school. IIM Nagpur has registered 10% hike in average salary which has gone up at Rs.16.74 LPA in Placement 2023 for MBA 2021-23 batch. IIM Nagpur 2-year PGP program is a full-time residential course leading to award of MBA degree and appearing in CAT exam is mandatory for admission at IIM Nagpur.

From the academic session 2024-25, IIM Nagpur is participating in IIM Common Admission Process (CAP) comprising online PI round for 10 participating IIMs. A common shortlist of candidates for CAP 2024 is released by CAP coordinating IIM Kashipur and all the shortlisted candidates have to register for CAP round. CAT 2023 percentile score is the sole criteria for shortlisting for CAP round.

IIM Nagpur Admission 2024 Highlights
Key highlights for IIM Nagpur MBA Admissions 2024 including IIM Nagpur Fees Structure, Placements, Courses Offered are as below:

Based on the performance in CAP round and other components like CAT 2023 score, academics, diversity, work experience, final merit list will be prepared by IIM Nagpur for MBA admission 2024.

Read below all about the IIM Nagpur admission criteria 2024, key USPs of IIM Nagpur, cut offs, programs offered, Fees, Placements and more

Table of Contents

1. IIM Nagpur Admission 2024-25: Key Changes in Process
2. IIM Nagpur: Key Highlights and USPs
3. IIM Nagpur Leadership
4. IIM Nagpur Programs offered
5. IIM Nagpur Fees
6. IIM Nagpur Intake
7. IIM Nagpur Placements 2023
8. IIM Nagpur Scholarship Scheme: Special Need-Based Scholarship (SNBS)
9. IIM Nagpur International Student Exchange Programme
10. IIM Nagpur Field Immersion Module: An Industry Connect Programme
11. IIM Nagpur Eligibility criteria 2024
12. IIM Nagpur Admission 2024: Important Dates
13. IIM Nagpur Admission Criteria 2024: Cut off, Selection Process and Weightages
14. IIM Nagpur Admission Criteria: Step by Step Process
15. IIM Nagpur: Hostel facility

1. IIM Nagpur Admission 2024-25: Key Changes in Process
IIM Nagpur has changed the selection process for PGP 2024-26 batch. Important changes in the admission process are:

• 1.1 Selection Process through IIM CAP 2024: From the academic session 2024-25, IIM Nagpur is participating in Common Admission Process (CAP) comprising PI Round for selecting suitable students in its MBA programme.
• 1.2 CAT Weightage Increased: In final selection of candidates, IIM Nagpur has increased CAT exam score weightage to 50% for admission 2024 from 15% last year.

2. IIM Nagpur: Key Highlights & USPs

• 2.1 Highly Ranked: IIM Nagpur is ranked #43 in the GoI MHRD NIRF Rankings 2023 for top 125 management institutes in India. It is ranked # 27 in MBAUniverse.com B-School Ranking 2024 among top B-schools in India.
• 2.2 First Among New Generation IIMs: IIM Nagpur is the first among the new generation IIMs that started operation in 2015. Mentored by IIM Ahmedabad, IIM Nagpur is the fast emerging top B-school in the family of 20 IIMs
• 2.3 IIM Nagpur Fees: IIM Nagpur fees for 2 years full time MBA programme is Rs.18.90 lakhs
• 2.4 IIM Nagpur Placement 2023: IIM Nagpur Placements are rising year after year. Average salary in IIM Nagpur placement 2023 has gone up by 10% at Rs.16.74 LPA. Highest salary in placement 2023 has gone up at Rs.64 LPA from Rs.31.54 LPA last year
• 2.5 Industry Connect: IIMN has unique industry connect programme of bringing ‘corporate into classrooms’ to produce relevant talent for corporate world. It aims to create value-driven leaders, global managers, and entrepreneurs with strong conceptual foundations and analytical approach to help them be the best in whichever field they choose
• 2.6 International Student Exchange: IIM Nagpur has student exchange programmes with multiple foreign universities including Japan, Singapore, South Korea, France, and Dubai.
• 2.7 Curriculum & Pedagogy: The institute’s curriculum has been designed by experts from the field of management education. The learning process helps the students connect to the industry and other stakeholders in a multidimensional way. IIM Nagpur faculty have excellent track record of research and teaching. They provide the required support and guidance to the students.
• 2.8 Field Immersion: A significant feature of IIMN is the Field Immersion Module which helps the students to experience real-life problems and come up with practical solutions for them. The students at IIMN are encouraged to explore their entrepreneurial ambitions
• 2.9 IIM Nagpur Location Advantage: IIM Nagpur campus is rich with state-of-the-art classrooms to facilitate various pedagogies, IT infrastructure for connectivity and access to academic resources among others. IIM Nagpur has great location advantage as it is located in the heart of the industrial hub within the country’s first Multi-product Special Economic Zone at MIHAN. IIMN enjoys a natural advantage of being near to industry, enabling greater connects and partnerships with businesses across the sectors in SEZ and MIDCs. The permanent campus of IIMN at Dahegaon Mauza, MIHAN, Nagpur, Maharashtra, is 9 km from the Dr Babasaheb Ambedkar Nagpur International Airport. Built to cater to 600 students, the new 132-acre-campus has been designed to minimize the environmental footprint while facilitating learning both inside and outside the classroom. The campus is being developed in three phases. Phase 1 covers approximately 60,000 sq. m of the site, and includes the construction of a state-of-the-art academic complex, library, administrative block, student hostels, sports complex and faculty housing. The campus also houses a Management Development Centre for the institute’s Executive Education Programme (EEP) and IIM Nagpur’s entrepreneurship incubation centre, InFED, in addition to allied infrastructure.
• 2.10 Membership of International Accreditation Body: IIM Nagpur is a member of The Association to Advance Collegiate Schools of Business (AACSB). Both IIM Nagpur and AACSB are committed to a common goal, that is, the creation of the next generation of great leaders.

3. IIM Nagpur Leadership
IIM Nagpur is led by its Director Dr. Bhimaraya Metri. Prior to joining IIM Nagpur Dr Metri was the Director at IIM Tiruchirappalli. A PhD from IIT Bombay, Dr Metri is a distinguished academician, renowned teacher, researcher and an astute administrator. He has contributed immensely as Dean at L& T Institute of Project Management Vadodara, IMI New Delhi, MDI Gurgaon and leading research programmes at BITS Pilani. A renowned expert in the area of Project Management & infrastructure, Quality Management and Supply Chain Management, he has numerous research papers and books to his credit apart from being on the editorial advisory boards of several national and international journals.

4. IIM Nagpur Programs offered
IIM Nagpur offers 2 year full time residential PGP program leading to MBA degree. Instead of awarding post graduate diploma, IIM Nagpur will award MBA degree to the students of its 2 year flagship Post Graduate Programme in Management (PGP). The 2 years Post Graduate Programme (PGP) at IIM Nagpur is now changed to MBA degree programme and has equivalence with Master’s degree of an Indian University for the purpose of admission to higher studies. Mentored by IIM Ahmedabad,  IIM Nagpur will participate in Common Admission Process (CAP) 2024 conducted for new IIMs.

5. IIM Nagpur Fees: Rs.18.90 Lakhs
IIM Nagpur Fees for PGP 2024-26 batch is Rs.18.90 Lakhs for two years. This amount is exclusive of other charges like caution deposit, mess charges, personal expenses among others..

6. IIM Nagpur Intake: 260
IIM Nagpur seats have increased. It will offer admission to 260 students as was done for last year batch. Number of IIM Nagpur seats for each category and reservation percentage for the same is shared below:

However, according to IIM Nagpur, “The intake might be revised before the admission process begins. No change in category can be made at any point during the admissions process.”

7. IIM Nagpur Placements 2023
IIM Nagpur started operation with first batch in 2015-16. It has maintained a consistent record of 100% Placements. In its placement season 2023, IIM Nagpur witnessed participation from over 100 top firms like Microsoft, Adani, ICICI Bank, Bank of America, BNY Mellon, Indus Valley Partners for the final placement process 2023. The process saw a rise of 10.05% in the average CTC to Rs.16.74 LPA. The median CTC stood at Rs.16.85 LPA, while the highest offer to a candidate was Rs.64 LPA. 

IIM Nagpur Placement 2023: Key Highlights

• Completes Placement 2023 as early as on December 28, 2022
• Highest Salary has gone up at Rs.64 LPA in Placement 2023 from Rs.31.54 LPA last year
• Average Salary Up at Rs.16.74 LPA in Placement 2023, an increase of 10.05% from last year which was Rs.15.21 LPA
• Median Salary Up at Rs.16.85 LPA in 2023 from Rs.15.42 LPA last year
• Roles Offered included Strategy Consulting & Analytics, Sales & Marketing, Finance, and Product Management, followed by roles in General Management.
• 100+ Companies participated in Placement 2023
• IT/ITES & BFSI emerged as the most sought-after sectors, followed by Consulting, with more than 70 percent of the students opting for the companies in these sectors
• Top recruiters include Accenture, Microsoft, Adani, ICICI Bank, Bank of America, BNY Mellon, Indus Valley Partners, ADP, Mahindra & Mahindra, Yes Bank, KPMG, Deloitte, Infosys, IBM, HCL Tech, TVS Motors, Loreal, Juspay, HDFC Bank Read More

8. IIM Nagpur Scholarship Scheme: Special Need-Based Scholarship (SNBS)
IIM Nagpur ensures that financial inability should not be an impediment for an individual who is admitted to pursue its PGP programme. In this regard, the Institute provides Special Need-Based Scholarships (SNBS) with the provision of a fee waiver to eligible students. The eligibility of the students for the scholarship is determined by their credit status and their annual family income.

IIM Nagpur facilitates a number of scholarships which are awarded by the Government of India and various state governments. Some of these scholarships 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 Higher Education of ST Students – Scholarship (Formally Top-Class Education for Schedule Tribe Students) – only for scholarships
• 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. 

9. IIM Nagpur International Student Exchange Programme
IIM Nagpur has tie ups for student exchange programmes with multiple foreign universities. In the past IIMN has had its students participate in exchange programmes with Tel Aviv University, Israel; Asian Institute of Technology, Thailand and Instituto Tecnologico Autonoma de Mexico (ITAM). IIMN is expanding this programme further.

In order to give its students adequate exposure, IIM Nagpur currently organizes international immersion programmes with selected countries/locations including Japan, Singapore, South Korea, France, and Dubai.

In this programme, the students are exposed to international business environments and cultures that are different from their home business environment. Some students get an opportunity to work on live projects with companies incorporated in some of the above countries. This helps them in being better prepared for careers in a highly dynamic global business world.

10. IIM Nagpur Field Immersion Module: An Industry Connect Programme
The Field Immersion Module at IIM Nagpur offers an opportunity for MBA students to interact with the industry. Not only does the module expose students to the actual day-to-day functioning of an organization, but it also allows them to apply managerial know-how that they learn in their classes, to real-life issues.

The module is mandatory for all the 1^st year students and is positioned between the students’ second and third terms during their MBA. After getting equipped by this time, with the fundamentals of accounting, finance, strategy, marketing, human resource management and entrepreneurship, and  the skills to analyze organizational scenarios head-on, Students are attached to participating organizations from four broad sectors:

• Government and Infrastructure
• Industry and Business (Small and Medium Enterprises)
• Agriculture, Food Processing and Rural Development and
• NGO and Environmental Management

While students intern with corporate enterprises in the traditional summer internship at the end of the first year, the FIM acquaints them with the organizational challenges of small and medium enterprises (SMEs) and the not-for-profit sector.

Over the years, IIM Nagpur has partnered with a number of undertakings across sectors for the Field Immersion Module. The module has grown from 31 partners in the Nagpur district in 2015-16, to 61 now. It has also moved beyond Nagpur to include adjoining districts of Wardha, Chandrapur and Gadchiroli, as well as Aurangabad, the manufacturing hub of Maharashtra; and Nashik, the center of the food and agriculture sector in the state.

11. IIM Nagpur Eligibility criteria 2024

• 11.1 IIM Nagpur eligibility criteria require that the candidate must hold a bachelor's degree, with at least 50% marks or equivalent CGPA (in case of the candidate belonging to SC/ST/PwD category, the eligibility criterion is relaxed to 45%
• 11.2 Candidates who graduated in the years 2020 or 2021 or in 2022, for whom the university did not conduct the exams or did not award marks or CGPA but awarded only pass or pass marks or promotion in one or more years/semesters of bachelor’s degree/equivalent qualification, can also apply. Such candidates will have to submit a certificate from the Principal/Registrar of his/her University/College/Institute stating that the university did not conduct the exams or did not award marks or CGPA but awarded only pass or pass marks or promotion in one or more years/semesters, as the case may be
• 11.3 The candidate should appear in CAT 2023 exam and must score minimum prescribed sectional and overall score to become eligible for admission at IIM Nagpur
• 11.4 If the candidate is awarded grades/CGPA instead of marks, the equivalence to determine PGP admission eligibility would be based on the equivalence certified by the institution/ university from where the bachelor's degree is obtained. In case the institution/university does not have any scheme for converting the CGPA into equivalent marks, the equivalence would be established by IIM Nagpur by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate. 
• 11.5 A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results is also eligible to apply for IIM Nagpur Admission 2024. Such a candidate must produce a certificate from the principal/head of the department/ registrar/director of the institution/university certifying that the candidate is currently in the final year or is awaiting final results and has obtained at least 50% marks or equivalent (45% in case of the candidate belonging to SC/ST/PwD category) based on latest available grades/marks.
• 11.6 IIM Nagpur Eligibility criterion further clarifies that such a candidate, if selected, will become ineligible for the IIM Nagpur admission unless he/she submits a certificate latest by June 30, 2024 from the principal/head of the department/registrar/director of the institution/university (issued on or before June 30, 2024) stating that they have completed all the requirements (the result may, however, be awaited) for obtaining the bachelor's degree/equivalent qualification on the date of issue of the certificate. It is mandatory for a final year student, who is provisionally considered eligible by IIM Nagpur and offered admission, to submit the mark-sheet and degree certificate of the final year bachelor's degree examination held on or before June 30, 2024.  The deadline to submit the mark-sheet and the certificate is December 31, 2024. 

12. IIM Nagpur Admission 2024: Important Dates
All the candidates who have registered and applied for CAT 2024, opted for admission in IIM Nagpur in the CAT 2023 application form, and obtain the required cut off percentile, will be considered for next stage of IIM Nagpur Admission criteria.  Important dates related to admission activities 2024 at IIM Nagpur are as below:

13. IIM Nagpur Admission Criteria 2024: Cut off, Selection Process and Weightages
IIM Nagpur admission criteria 2024 consist of many other parameters apart from CAT 2023 exam score for shortlisting the candidates for final selection round. Also, IIM Nagpur is participating in Common Admission Process (CAP) for new IIMs.

The Post Graduate Programme in Management (PGP) of IIM Nagpur is a master’s level programme and is the flagship programme offered by IIM Nagpur. The 2 years Post Graduate Programme (PGP) at IIM Nagpur has been accorded equivalence with Master’s degree of an Indian University by the Association of Indian Universities (AIU) for the purpose of admission to higher studies.

13.1 Admission Process to Identify Suitable Candidates
IIM Nagpur Admission Criteria seek to identify the most promising candidates for the PGP batch of 2024. The Institute uses parameters like Past Academic Performance in 10th standard examination, 12th standard examination, candidates’ scores in CAT, academic and gender diversity, work experience to shortlist the candidates for final selection round. The performance in Personal Interview is meant to judge the suitability of candidates for the PGP program. Besides, relevant work experience, if any, is also given weight in the admission process.

13.2 More Weightage to CAT 2023 Score
IIM Nagpur will use the CAT 2023 score to establish the minimum level of proficiency that is expected from the candidate in respective areas as indicated by section wise minimum scores in the CAT. While in the shortlisting process, CAT 2023 score is awarded 100% weight, in the final selection criteria, the weight for CAT exam score is 50%.  Multiple criteria are used to arrive at a Final Score while making final admission offer. IIM Nagpur admission criteria 2024 adopt a phased selection process and the selection criteria are applied in three phases. The admission criteria, parameters and weights used are uniform for all categories of candidates.

It is mandatory for the candidates who wish to pursue MBA from IIM Nagpur to have appeared in the CAT 2023 exam on November 26, 2023 and should have scored well. A balanced score in all the three sections of CAT 2023 and good academic profile remains the key to get admission in IIM Nagpur.

14. IIM Nagpur Admission Criteria 2024: Step by Step Process
IIM Nagpur Admission criteria 2024 is a three step process – Pre shortlisting criteria, Shortlisting criteria for PI-WAT with  30% weight for CAT 2022 score, followed by Final admission selection Criteria comprising PI-WAT with only 15% weightage to CAT 2022 score.

IIM Nagpur uses multiple parameters and award high weightage to academic performance in Class 10 and 12, bachelor’s degree as well as the section wise scores in CAT exam to judge the suitability of candidates for the PGP programme.

Stage 1: IIM Nagpur Shortlisting Criteria
Candidates who have appeared for CAT 2023 will be first screened for eligibility as per the CAT cut-offs decided by the CAP consortium. Candidates who clear the CAT cut-off would be intimated by email and asked to fill an application form for CAP.

IIM Nagpur Cut Off for Shortlisting  
Only the candidates above the minimum cut-offs in the CAT 2023 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2023 will be considered for all the subsequent stages. These are cut-offs used for preparing the first short-list. The actual CAT 2023 cut-offs for those who are called for interview could be much higher. Below are the minimum CAT 2023 cut offs required for shortlisting.

Source: Based on IIM Nagpur Admission Policy for PGP 2024-26

Note:
1. VARC=Verbal Ability and Reading Comprehension, DILR=Data Interpretation and Logical Reasoning, QA=Quantitative Ability.
2. These cut-offs are only for shortlisting during Stage 1 and not for the final admission offers for which scores could be much higher.

Stage-2: Online PI Round for Shortlisted Candidates
Candidates who meet the CAT cut-offs and have filled the application form for CAP in the CAP portal will move to Stage 2, where online PI will be conducted. The exact date for PI will be communicated by the coordinating institute for CAP 2024 on behalf of all ten participating IIMs.

Stage-3: IIM Nagpur Final Selection of the Candidates
Candidates who have submitted the application form, have been shortlisted for PI in Stage 2, and have confirmed their interest in appearing for the PI will be required to appear for a PI to be conducted by CAP on the given time slot. The interviews are likely to be scheduled in Feb-March 2024.

For the generation of Final merit list, an applicant’s holistic profile is considered involving CAT score, PI score, Past Academic Performance (PAP) score, Work experience rating (WE) and Gender Diversity (GDI). After the completion of PI, the Final Score (FS) of the candidate will be calculated as per Weightage components in final merit list preparation for admission at IIM Nagpur:

The selected candidates will receive provisional admission intimation by e-mail. To confirm the acceptance of the offer, the candidate has to pay an acceptance fee of Rs.75,000 which will be adjusted towards Term I fees subsequently.

15. IIM Nagpur: Hostel facility
IIM Nagpur Campus is equipped with the hostel facilities which include adequately furnished rooms with access to the recreation room, fitness centre/gym, games and sports etc. The hostel mess provides quality food four times a day and the menu is decided by the students in collaboration with the mess staff.

IIM Nagpur started functioning with the launch of its 1^st PGP batch 2015-17 with a sanctioned intake of 60 students. The 2024-26 batch is the 10^th batch of IIM Nagpur. The campus at IIM Nagpur is fully WiFi equipped premises with seamless access to industry and knowledge databases, email and internet. The library has access to resources including EBSCO Business Source, Proquest Ebook central, ACE knowledge Portal, ACE Equity & MF2, Gartner, Prowessdx, ProwessIQ and is in the process of acquiring database like Indiastat.

Hope you found this article with all the information on IIM Nagpur quite useful to decide on MBA admission 2024.

Stay tuned to MBAUniverse.com for more updates on IIM Nagpur