IIM Nagpur’s Review and Verdict by CollegeDekho

Campus at a Glance

IIM Nagpur is one of the six new-generation IIMs established by the Government of India in 2015. It was the first among them to begin operations under the mentorship of IIM Ahmedabad. Initially, it was started on a temporary campus at VNIT Nagpur, but in November 2021, it shifted to its present location, a 132-acre campus in the MIHAN at Nagpur. IIM Nagpur aims to create value-driven leaders, global managers, and entrepreneurs with strong conceptual foundations and analytical approaches to help them excel in their chosen fields.

The institute offers a wide range of management courses at the graduate, doctoral, and certificate levels. The flagship program is the two-year PGP leading to an MBA degree. Other courses include PGPEM, EPGP, and PhD. IIM Nagpur admissions are based on CAT/ GRE/ GMAT/ GATE/ NET-JRF scores. IIM Nagpur also has a Satellite Campus at Vaikunth Mehta National Institute of Cooperative Management (VAMNICOM) in Pune that offers an Executive MBA, PGP in Transport Management, and Executive Education Programmes (EEP).

IIM Nagpur is equipped with all the necessary infrastructural facilities like classrooms, offices, laboratories, library, auditorium, discussion rooms, computer rooms, audio-visual facilities, hostels, dining halls, etc. In 2023, IIM Nagpur was ranked 43 under the Management category in India by the National Institutional Ranking Framework (NIRF). The placement record of the college is impressive with the highest and median packages being INR 64 LPA and INR 16.85 LPA, respectively, in 2023.

As a new IIM, IIM Nagpur has a long way to go in becoming one of the most desired colleges for MBA aspirants in comparison to IIM - BLACKI. If you dream of studying at IIM, this verdict by CollegeDekho will help you decide whether you should consider IIM Nagpur.

IIM Nagpur Rankings: Keeping it Consistent!

Over the years, IIM Nagpur has earned recognition from various ranking organizations for the exceptional quality of its management courses. The table below provides a comprehensive overview of IIM Nagpur's rankings.

NIRF Rankings

Other Rankings

IIM Nagpur was ranked 24th by the Business Today under the Management category in 2023.

Our Take:

While these rankings may not be as impressive as the rankings of top IIMs, they still reflect the institute's unwavering commitment to excellence and its exceptional learning environment. Being a new IIM, these rankings also showcase the institute's determination to uphold its position as a top provider of management education in India.

IIM Nagpur Academia & Batch Size

IIM Nagpur has come a long way since its inception. Starting with a batch size of 50, it has now grown to 240 for PGP courses. As the fastest-growing institute among new IIMs, it is constantly striving to improve and expand its offerings. There are numerous activities underway to increase the batch size, introduce new programs, and enhance the placement opportunities for the students.

Courses Offered

Have a look at the courses offered by IIM Nagpur provided in the table below.

Batch Size

Check the table below for the seat intake at IIM Nagpur.

Scholarships

IIM Nagpur offers scholarships and financial aid to economically weak students seeking admission to postgraduate, PhD, and other programmes. Some of the popular IIM Nagpur scholarships students can apply for include the IIM Nagpur Need-cum-Merit Scholarship, Rajarshi Shahu Maharaj Merit Scholarship to SC students – Maharashtra, Chief Minister Fellowship Yojana (CMFY) – Jharkhand, and IIM Nagpur Merit Scholarship.

Our Take:

Currently, the MBA batch size at IIM Nagpur is optimal, and the institute should maintain this size to ensure that accommodating a large number of students doesn't become a challenge. Though the institute does not have a strong alumni network, it is getting better with every passing batch, and we can expect it to become stronger in the future.

IIM Nagpur Infrastructure

IIM Nagpur has a 132-acre campus in the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) that is equipped with all the necessary facilities for the holistic development of students.

Classrooms

At IIM Nagpur, the classrooms are top-notch! They've got all the modern infrastructure and facilities a student could ask for, to make learning an enjoyable experience. The classrooms are centrally air-conditioned and come equipped with modern features like projectors, digital board, audio & video system, podium, etc.

Library

IIM Nagpur boasts a well-equipped library with a vast collection of books and e-books covering various streams, national and international journals, periodicals, and publications, among others, for its students. The library provides access to a wide range of information resources, including the latest business and management books, textbooks, journals, and audio-visual materials.

Labs

IIM Bangalore has various labs, specifically designed to cater to the needs of students' research and projects. These labs are fully equipped with the latest software and hardware, providing students with an excellent opportunity to experience the latest technologies while working on their projects.

Auditorium

The IIM Nagpur auditorium is equipped with state-of-the-art audio-visual equipment. It can support video conferencing, sound systems, and audio-visual materials, making it perfect for hosting a variety of events such as international conferences, symposiums, meetings, seminars, concerts, presentations, and performances.

Hostels

Living on campus at IIM Nagpur is a great experience, thanks to the top-notch hostel facilities that are available. The well-furnished rooms are equipped with all the necessary amenities, and students have access to recreational rooms, fitness centres/ gyms, and games and sports facilities. The hostel mess serves delicious and nutritious food four times a day, and students actively participate in deciding the menu in collaboration with the mess staff.

Canteens & Hang-outs

There are loads of places to grab some grub on campus. You'll find them scattered around so you're never too far from a tasty snack and a chance to catch up with your buddies. The canteens serve all sorts of food like Maggie, poha, coffee, milk, cold drinks, packaged food, and beverages.

Other Facilities

• Sports Facilities
• Medical Centre
• Gymnasium
• Post Office
• Banks

Our Take:

IIM Nagpur is one of the most prestigious management institutes in India, boasting a top-notch infrastructure. With the campus being built in three phases, phase 1 has already been successfully developed, while phases 2 and 3 are still in the pipeline. Hostel students are strictly prohibited from bringing their motor vehicles to the campus, which can be a major inconvenience while venturing out. However, transportation options such as cabs, autos, and buses are readily available outside the campus.

IIM Nagpur Internships & Placements

IIM Nagpur offers various internship and placement opportunities to students enrolled in PGP and other courses. 

Internships

As per the MBA summer internship report for the 2022-24 batch, the highest and average stipends offered were INR 2.25 lakhs and INR 78,792 respectively. Also, 54 new recruiters took part in the IIM Nagpur summer placements for this batch.

Placements

Check out the IIM Nagpur placement statistics below.

Our Take:

IIM Nagpur Placement 2023 marked an increase of 10.05% in the average salary package, which is quite impressive. Being a new IIM, its placement statistics may not be as impressive as those of top IIMs; however, it is making continuous efforts to get every student placed with excellent packages.

IIM Nagpur Diversity Representation

IIM Nagpur boasts a diverse student population, with students from different parts of India enrolling in various courses. You can find individuals from different states, cultures, and ethnicities on campus.

Our Take:

It's worth noting that 43% of the students enrolled in the PGP batch for 2022-2024 were female. Moreover, the high number of out-of-state students indicates that studying at IIM Nagpur provides a great opportunity to gain exposure to diverse cultures and ideas.

IIM Nagpur Location

IIM Nagpur is located at Dahegaon Mauza, MIHAN, Nagpur, Maharashtra. It boasts easy accessibility to the nearby town markets through convenient transportation routes. The institute is only 9 km away from Dr Babasaheb Ambedkar Nagpur International Airport, making it easily accessible to students and faculty members alike. The Khapri Railway Station is at a proximity of 2.7 km, and the Chichbhawan Bus Stop is approximately 5.6 km away. Beyond the IIM Nagpur campus, students can explore a variety of local eateries and hangout spots to socialize and unwind.

IIM Nagpur Expectation vs Reality: CollegeDekho Verdict!

There is a common misconception among people that the new IIMs are not as good as the old ones. However, the truth is that the new IIMs are doing exceptionally well. One such example is IIM Nagpur, which has been performing remarkably well since its inception. The institute has an outstanding faculty, many of whom hold PhDs, and have received recognition for their work in their respective fields of study. 

One of the reasons why IIM Nagpur has been able to establish itself as a leading B-school in India is because it was started under the mentorship of IIM Ahmedabad. As a result, the quality of education and faculty at IIM Nagpur is worth commending. Of course, if you compare IIM Nagpur to the old IIMs or even some of the other new IIMs, then you should not keep your expectations too high. The institute is only eight years old, which puts limitations on many things it wants to achieve. However, despite this, IIM Nagpur is on a great trajectory, and it's only a matter of time before it reaches new heights.

IIM Nagpur has achieved a 100% placement record, which is a testament to the quality of education it provides and the calibre of its students. Every year, there has been an increase in the highest and average packages offered to the students. If you are a candidate who has the option of going to a better IIM than IIM Nagpur, then you should surely consider it. However, if you are getting admission to IIM Nagpur, then it won't be a bad decision to join it since the institute has a lot to offer to its students. The institute provides its students with excellent infrastructure, a world-class faculty, and a vibrant campus life, which ensures that they have a well-rounded education and an unforgettable experience.

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