IIM Nagpur Admission 2023: Offers High RoI MBA; Seats Increased to 240 Students; Check Criteria, Cut-off, Fees, Placement, Selection Process

IIM Nagpur, one of the top 45 B-schools in India, as per NIRF Rankings 2022, is also a high RoI B-school. IIM Nagpur has registered 15% hike in average salary which has gone up at Rs.15.21 LPA in Placement 2022 for MBA 2020-22 batch while the 2 years program fees, despite its increase for 2022-24 batch is Rs.18 lakhs. IIM Nagpur 2-year PGP program is a full-time residential course leading to award of MBA degree and CAT 2022 is the mandatory exam for admission at IIM Nagpur.

IIM Nagpur admission 2023-24 will have many firsts. While the intake is increased to 240 seats, IIM Nagpur cut off is reduced at 85 percentile in CAT 2022 exam. IIM Nagpur Admission criteria 2023 for the flagship MBA 2023-25 batch will award 15% weight to the CAT 2022 score in final selection and rest 85% weightage goes to other components like academics, diversity, work experience and performance in PI round.  

CAT 2023 Error Correction Window Opens Today on Sept 25; You Can Edit These 3 Errors till Sept 28

 IIM Nagpur does not participate in Common Admission Process (CAP) which is the common PI-WAT round for nine participating new and baby IIMs. Instead IIM Nagpur has its own admission process. Read below all about the IIM Nagpur admission criteria 2023, key USPs of IIM Nagpur, cut offs, programs offered, Fees, Placements and more

Table of Contents

1. IIM Nagpur Admission 2023-24: Key Changes in Process
IIM Nagpur has changed the selection process for PGP 2023-25 batch. Important changes in the admission process are:

1.1 CAT Weightage Reduced: CAT exam score weightage is reduced to 30% in shortlisting and to 15% in final selection

1.2 WAT Process Restored: WAT has been restored for admission 2023 with 10% weight.

1.3 Two Shortlists: IIM Nagpur will release two shortlists for PI round to select candidates for PGP 2023-25 batch. 

1.3.1: Pre PI Shortlist in March 2023: The Pre –PI shortlist of candidates will be released in first week of March 2023. Candidates are  asked to submit application by March 2^nd/3^rd week  for IIM Nagpur admission.

1.3.2: Shortlist for PI/WAT Round: March 4^th Week 2023
The final shortlist for PI-WAT round will be released in 4^th week of March 2023. Mails will be sent to all the shortlisted candidates. Candidates who do not receive mail should contact IIM Nagpur. Candidates can log in to their account and check the status. Candidates who are shortlisted and confirm their presence for PI are contacted over email.

2. IIM Nagpur: Key Highlights & USPs

• 2.1 Highly Ranked: IIM Nagpur is ranked #43 in the GoI MHRD NIRF Rankings 2022 for top 125 management institutes in India. It is ranked # 28 in MBAUniverse.com B-School Ranking 2022 among top 100 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 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 lakhs
• 2.4 IIM Nagpur Placement 2022: IIM Nagpur Placements are rising year after year. Average salary in IIM Nagpur placement 2022 has gone up by 15% at Rs.15.21 LPA. Highest salary in placement 2022 has gone up at Rs.31.54 LPA from Rs.19.20 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, adjacent to International Airport at Nagpur. IIMN enjoys a natural advantage of being near to industry, enabling greater connects and partnerships with businesses across the sectors in SEZ and MIDCs.
• 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 not participate in Common Admission Process (CAP) 2023 conducted for new IIMs and will conduct its own final selection process.

5. IIM Nagpur Fees: Rs.18 Lakhs
IIM Nagpur Fees for PGP 2022-24 batch is Rs. 18 Lakhs for two years. This amount is exclusive of other charges like caution deposit, mess charges, personal expenses among others. However, IIMN reserves the right to increase/reduce the fee for PGP 2023-25 batch.

6. IIM Nagpur Intake: 240
IIM Nagpur seats have increased. It will offer admission to 240 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. In such a scenario, appropriate changes will be made based on the revised intake.”

7. IIM Nagpur Placements 2022
IIM Nagpur started operation with first batch in 2015-16. It has maintained a consistent record of 100% Placements. For the 2020-22 batch, IIM Nagpur placements have yet again remained 100% with higher average salary which has gone up to Rs.15.21 lakhs. IIM Nagpur conducted its process of placement 2022 virtually. Despite the uncertainty faced this year, IIM Nagpur has witnessed an increase in the average & median CTC. This year also witnessed participation from 31 first-time recruiters.

7.1 IIM Nagpur Placement 2022: Highlights

• Records 100% Placement 2022 as early as on December 15, 2021
• Placement process conducted virtually
• Highest Salary has gone up at Rs.31.54 LPA in Placement 2022 from Rs.19.20 LPA last year
• Average Salary Up at Rs.15.21 LPA in Placement 2022, an increase of 15.12% from last year which was Rs.13.21 LPA
• Median Salary Up at Rs.15.42 LPA, an increase of 18.62% in 2022 from Rs.13 LPA last year
• Average Salary for Top 50% Students stood at Rs.17.21 LPA
• Average Salary for Top 10% Students stood at Rs. 22.19 LPA
• Top Profiles Offered included Management Consulting, Product Management, Risk advisory, Key Account Management, Retail Banking, Supply Chain consultant, International Banking, New Product Development
• 31 First Time Recruiters including Swiggy, IBM, Dell Technologies, Moodys, ICICI Bank, Yum Brands, Cognizant, Capgemini, Mswipe, Amazon, India Mart, HDFC Bank, TVS Motors
• Largest ever batch size of 204 students participated in Placement 2022
• 80% batch recruited by Consulting, IT, BFSI & FMCG/FMCD sectors
• The most preferred roles among students were IT and analytics, followed by the roles in Strategy and Consulting, Marketing, Finance, and Operations.
•  Consulting and IT & Analytics Cohort witnessed maximum offers with 52.28% of the students opting for these roles
• Top recruiters include Amazon, Cognizant, Deloitte, Bank of New York Mellon, ICICI Bank, ZS Associate, Microsoft, Salesforce, Accenture, IBM, TVS Motors, DHL, L&T, Hexaware, Tech Mahindra among others 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 2023

• 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 2022 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 2023. 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, 2023 from the principal/head of the department/registrar/director of the institution/university (issued on or before June 30, 2023) 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.
• 11.7 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, 2023.  The deadline to submit the mark-sheet and the certificate is December 31, 2023. 

12. IIM Nagpur Admission 2023: Important Dates
All the candidates who have registered and applied for CAT 2022, opted for admission in IIM Nagpur in the CAT 2022 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 2023 at IIM Nagpur are as below: 

13. IIM Nagpur Admission Criteria 2023: Cut off, Selection Process and Weightages
IIM Nagpur admission criteria 2023 consist of many other parameters apart from CAT 2022 exam score for shortlisting the candidates for final selection round. Also, IIM Nagpur conducts its own PI-WAT round for final selection instead of 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 2023. The Institute uses parameters like Past Academic Performance in 10th standard examination, 12th standard examination and Bachelor’s degree examination, candidates’ scores in CAT, academic and gender diversity, work experience to shortlist the candidates for final selection round. The performance in Personal Interview and Written Ability Test are 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 Less Weightage to CAT 2022 Score
IIM Nagpur will use the CAT 2022 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 2022 score is awarded 30% weight, in the final selection criteria, the weight for CAT exam score is only 15%.  Multiple criteria are used to arrive at a Final Score while making final admission offer. IIM Nagpur admission criteria 2023 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 2022 exam on November 27, 2022 and should have scored well. A balanced score in all the three sections of CAT 2022 and good academic profile remains the key to get admission in IIM Nagpur.

14. IIM Nagpur Admission Criteria: Step by Step Process
IIM Nagpur Admission criteria 2023 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 Pre-Shortlisting Criteria

A. Pre-Shortlisting Criteria

• All eligible candidates who have appeared for CAT 2022 and have applied for IIM Nagpur are considered for shortlisting
• Candidates who qualify at this stage will be asked to reconfirm their interest for admission to PGP 2023-25 of IIM Nagpur sometime in the month of March 2023
• The shortlist of candidates is based on securing minimum section-wise and aggregate percentile scores in CAT 2022 exam
• Candidates obtaining a positive (greater than zero) raw score in all sections of CAT-2022 will only be considered for Shortlisting
• All the subsequent processing, standardization and selection is limited to candidates belonging to this first shortlist alone. Accordingly, only CAT 2022 score is used as the basis for arriving at the Pre-shortlist consideration 
• IIM Nagpur will send e-mail to all candidates who have applied to IIM Nagpur and also meet the minimum CAT 2022 percentile requirements around third week of March 2023.
• The E-mail will have a link to a web page where the candidates must reconfirm, by a stipulated date, their interest to pursue their candidature further, for admission to PGP 2023 at IIM Nagpur. 
• Only those candidates who meet the minimum CAT 2023 percentile requirements, and have reconfirmed their interest, by the stipulated date, for admission to PGP 2023-25 batch of IIM Nagpur will be considered in stage 2 of the admission process.

B. IIM Nagpur Cut Off for Shortlisting  

• IIM Nagpur Cutoff 2023 has been liberalised for admission 2023.
• Only the candidates above the minimum cut-offs in the CAT 2022 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2022 will be considered for all the subsequent stages.
• These are cut-offs used for preparing the first short-list
• The actual CAT 2022 cut-offs for those who are called for interview could be much higher

Below are the minimum CAT 2022 cut offs required for shortlisting.

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: Submission of Application & Reconfirmation of Interest
On the basis of CAT exam scores, the candidates who have indicated their interest in IIM Nagpur at the time of filling CAT application forms are first screened for eligibility as per the CAT cut-offs mentioned in table above. Two shortlists are released for the candidates who clear the CAT eligibility criteria of IIM Nagpur.

A. Filling Up the Application Form

All the shortlisted candidates are invited to fill a detailed application form for admission within a stipulated date which is the 3rd week of March. Only those candidates who complete the application form are considered for the preparation of the second shortlist for Personal Interview (PI) and Written Ability Test (WAT). It will be based on the calculation of Comprehensive Score (CS).

B. Confirmation of interest
All the candidates who are shortlisted in Stage 2 are asked to confirm their interest in attending the PI/WAT of IIM Nagpur in the first week of April. Only those candidates who send confirmation at this stage are scheduled for PI/WAT.

It has been seen that many candidates tend to mark a large number of institutes in the CAT application, to minimize their risk in the initial stages of IIM admission process. Some of these institutes no longer remain as choices as the admission process moves on.

So, given the relatively short time in which the admission process of IIM Nagpur happens, the institute wants the interested candidates to reconfirm their interest. Since, the admission offers in each IIM are independent of others and therefore accepting or rejecting an offer from any other IIM will not affect your chances in IIM Nagpur, or vice versa.

C. IIM Nagpur Shortlisting Criteria for PI-WAT

• Only those candidates who meet the minimum CAT 2022 percentiles requirements, and have reconfirmed their interest, by the stipulated date, for admission to PGP 2023-25 of IIM Nagpur will be considered in Phase 2 of Shortlisting for PI-WAT round
• IIM Nagpur evaluates the applicants’ academic performance (marks obtained) in 10^th Standard Examination, 12^th Standard Examination and Bachelor’s Degree Examination.
• The eligible applicants will be assigned rating scores ‘A’, ‘B’, and ‘C’ based on the percentage of marks obtained in their 10^th standard, 12^th standard, and Bachelor’s degree examinations respectively in the stage 2 shortlisting process for final selection round.
• Although, Performance in CAT 2022 examination is an important component in the admission process, IIM Nagpur will additionally use other factors like the previous academic performance of the candidates, relevant work experience and other similar inputs in short listing and ranking of candidates of the admission process.
• CAT 2022 score will be awarded 30% weightage in shortlisting criteria

D. IIM Nagpur Shortlisting Criteria 2023: Weightage Parameters
Below are shared the weightage parameters for difference components in IIM Nagpur shortlisting criteria:

Stage-3: IIM Nagpur Final Selection Criteria

• All the shortlisted candidates are eligible to participate in Final selection round for admission to IIM Nagpur.
• The final selection round of IIM Nagpur consists of Written Aptitude Test (WAT) and Personal Interview (PI).
• All the candidates who are shortlisted based on the Comprehensive Score and submit the detailed application by the stipulated deadline are considered for the final stage of the admission process.
• 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.
• Weightage components in final merit list preparation for admission at IIM Nagpur are as under:

15. IIM Nagpur Admission 2024
There are many young students who wish to appear in CAT and apply for IIM Nagpur admission to pursue MBA but they are in the second year or third year of their bachelor’s degree course and are not eligible this year but can apply for IIM Nagpur admission 2024 through CAT 2023. For the last 2-3 years IIM Nagpur admission policy has remained on same lines and it is expected that the IIM Nagpur admission 2024 process will remain on similar lines as this year. You need to begin your CAT preparation and by the time you become eligible to appear in CAT 2023, you would have completed a large part of your CAT exam preparation which will help you score high in the exam and improve your chances for IIM Nagpur admission 2024. 

16. 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 2023-25 batch is the 9^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 2023. IIM Nagpur admission application process through CAT 2022 is open and you can apply now. Read More

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

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