IMT Nagpur Admission 2024: Ongoing Placements 2024 Register High Growth - Highest Salary Up at Rs.36.33 LPA; Check Cut Off, Fee, Placements; Application is Open

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Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on February 21, 2024
IMT Nagpur, one of the highly ranked B-schools, is registering high growth in the ongoing placements in 2024 with the highest salary going up at Rs.36.33 LPA, top-10 average package Rs. 16.53 LPA, and top-20 average package Rs.14.11 LPA
IMT Nagpur Admission 2024

IMT Nagpur, a highly ranked leading B-school with focus on innovative and industry relevant courses based on experiential learning, is open with its application process for admission 2024 to all its three PGDM programs. IMT Nagpur is consistently ranked among top private B-Schools in country by Business Standards, MBAUniverse.com, The Week, Education World and figures among top B-schools in India in the NIRF 2023 Ranking - Management

IMT Nagpur, one of the highly ranked B-schools, is registering high growth in the ongoing placements in 2024 with the highest salary going up at Rs.36.33 LPA, top-10 average package Rs. 16.53 LPA, and top-20 average package Rs.14.11 LPA

IMT Nagpur PGDM 2024 Admission Open: Apply Now

IMT Nagpur Ongoing Placements 2024: Key Highlights

  • Highest Package: Rs.36.33 LPA
  • Average Package (Top 10): Rs.16.53 LPA
  • Average Package (Top 20): Rs. 14.11 LPA

IMT Nagpur admission process has been revamped with many aspirant friendly weightage points based on profile, work experience, diversity introduced in selection process. IMT Nagpur will accept CAT 2023, XAT 2024, CMAT 2024 and GMAT (From Jan 2020 to March 15, 2024) score to shortlist the candidates for final selection round. A candidate can submit more than one exam score and the best score will be considered in selection process.

IMT Nagpur is accredited by AICTE, SAQS, NBA, AIU (making a program equivalent of MBA) & also a member of AACSB. IMT Nagpur has been successfully nurturing and educating budding talents in fields of Marketing, Finance, Business Analytics, Human Resources and Operations. The goal of the Institute is to provide students with a value driven and technology oriented academic environment which will help them achieve their dreams and vision. IMT Nagpur emphasizes on integrity and sustainability in its approach. It is Institute’s mission to enrich the students to excellence. With array of programs and expert faculties, IMT Nagpur aims to be recognized as a key contributor in innovative management education in India.

This article below shares the key Highlights and USPs, IMT Nagpur Fees, Placements, key changes in selection process and more, to help you apply for IMT Nagpur admission 2024 in time

Table of contents

  1. IMT Nagpur– Key highlights & USPs
  2. IMT Nagpur Fees, Programmes offered, Seats
  3. IMT Nagpur Placements
  4. IMT Nagpur Scholarships
  5. IMT Nagpur Notable Alumni
  6. IMT Nagpur Admission Process 2024
  7. How to Apply for IMT Nagpur Admission 2024: Step by Step Process
  8. IMT Nagpur Eligibility for admission 2024
  9. IMT Nagpur Admission 2024: Important Dates

1. IMT Nagpur: Key Highlights & USPs

  • 1.1 Focus on Industry Relevant Courses: IMT Nagpur focuses on innovative and industry relevant courses based on experiential learning like 'social entrepreneurship project'; 'strategies for life & career' courses.
  • 1.2 Accreditation: IMT Nagpur is NBA Accredited, SAQS Accredited, AICTE approved and its PGDM programmes are awarded MBA equivalence by Association of Indian Universities (AIU)
  • 1.3 Ranked Amongst Top B-Schools: IMT Nagpur is consistently rising in the ranks of the top B-Schools in India across relevant parameters. Business Standard has ranked IMT Nagpur among A1 category and among top 25 B-schools in India; MBAUniverse.com B-School Rankings 2023 have ranked IMT Nagpur #38 among top B-schools in India; In Govt of India, MHRD NIRF Ranking 2023, IMT Nagpur is ranked among top 125 B-schools in India; Ranked #38 in Indian B-Schools Ranking and among top 24 B-schools in India; Ranked #17 in West Zone Indian B-Schools and among top 27 Private B-schools in India in Business Today Rankings  
  • 1.4 IMT Nagpur Fees: IMT Nagpur Fee is lower than many good B-schools. The 2 year PGDM fee is Rs.15 lakhs Includes Hostel and Food.
  • 1.5 Strong IMT Nagpur Placements: IMT Nagpur has registered 6% hike in average salary in Placement 2023 which has gone up at Rs.10.81 LPA. The highest salary has increased at Rs.20.14 LPA
  • 1.6 Top Recruiters: IMT Nagpur witnesses 100+ marquee companies in placement season. Some of the top recruiters include IBM, ICICI Bank, Kotak Mahindra Bank, KPMG, Mercedes Benz, Amazon, Aditya Birla, SBI Life, RBL Bank, TCS, Wipro, Axis Bank, HCL among others
  • 1.7 Pedagogy with Experiential Learning: Pedagogical innovations, such as lab courses, outbound programs, flexi-core courses, certificate courses with industry leaders like KPMG, SAP, NSE, IBM, are conducted
  • 1.8 International Exchange: IMT Nagpur has academic partnerships across boundaries with more than 25 institutes and universities across the Globe. Some of the partner institutes include FH Kufstein Tirol University of Applied Sciences, Austria; Universite du Quebec a Montreal, Canada; ESC Rennes School of Business, France; ESC- Dijon, Burgundy School of Business, France; Leipzig Graduate School of Management (HHL), Germany; ALBA Graduate Business School, Athens, Greece among other prominent institutes located in Mexico, Portugal, Poland, Brazil and other countries
  • 1.9 Strong Faculty Pool: IMT Nagpur has a strong faculty pool with perfect blend of industry and academic background. Many faculty members have doctorate degree with rich industry experience. Besides faculty, 100+ senior corporate leaders visit IMT Nagpur in an academic year for interacting with students and share their knowledge and thoughts with them.
  • 1.10 Strong Alumni Network: IMT Nagpur has 4000+ alumni network and also 30,000+ IMT group alumni network across the globe
  • 1.11 Student Driven Campus: IMT Nagpur is a student driven campus with plenty of professional and personal growth opportunities in the form of committees, academic forums, clubs. There are State of the art infrastructure and facilities in campus for teaching learning and recreation

2. IMT Nagpur Fees, Programmes offered, Seats
Below are shared the IMT Nagpur Fees, Programmes offered, specializations and total seats in PGDM programmes

2.1 IMT Nagpur Fees
The total IMT Nagpur fees payable by students of PGDM programme is Rs.15 lakhs Includes Hostel and Food for two years.

2.2 Programmes Offered

IMT Nagpur offers AICTE approved three PGDM programmes:

  • 2 years full time PGDM
  • 2 years full time PGDM (Financial Management)
  • 2 year full time PGDM (Marketing)

2.3 Specializations Offered
In its PGDM programme, IMT Nagpur offers specialization in Marketing, Finance, HR & OB, Operations Management, Business Analytics & IT, and Economics

2.4 Dual Specialization and Other Specialization Options

  • Dual Specialization: A student has to choose 12 electives in term 4th, 5th & 6th Dual specialization in PGDM program – 6 from each specialization Major / Minor : 6 from First specialization, 4 from Second specialization & 2 compulsorily from other areas.
  • Single Specialization: 6 from specialization area , 6 from other areas with not more than 3 in any area.

2.5 Flexi Course at IMT Nagpur
IMT Nagpur students may choose any 2 courses out of the list of 9 available subjects. So before choosing specialization in 2nd year, students get some idea by Flexi Core Course.

2.4 IMT Nagpur Seats: 360 Students
IMT Nagpur seats for three PGDM programs are 360. Program wise bifurcation of seats is as below:

PGDM Program
Seats
PGDM
180
PGDM (Financial Management)
 60
PGDM (Marketing)
120
Total Seats
360

3. IMT Nagpur Placements 2023
IMT Nagpur has consistently recorded quality job profiles & packages not just in terms of final placements but SIP’s as well. In the year 2023, highest salary was 20.14 LPA & average salary was 10.81 LPA with median salary of 10 LPA.

3.1 Placement 2023 Highlights

  • Average salary goes up by 6% at Rs.10.81 LPA
  • Highest Salary stood at Rs.20.14 LPA
  • Median Salary stood at Rs.10 LPA
  • 100+ Recruiters participated in placement 2023 ​

Source: IMT Nagpur

IMT Nagpur PGDM 2024 Admission Open: Apply Now

3.2 Top Recruiters at IMT Nagpur
Among the 100+ recruiters some of the top recruiters in IMT Nagpur Placements include Arcesium India, Bain & Co, Barclays, KPMG, Oxane Partners, Cognizant, Capgemini, Crisil, Schneider Electric, Bata, HSBC, Wipro

Source: IMT Nagpur

3.3 Top Recruiters at IMT Nagpur
Among the 100+ recruiters some of the top recruiters in IMT Nagpur Placements include IBM, ICICI Bank, Kotak Mahindra Bank, KPMG, Mercedes Benz, Amazon, Aditya Birla, SBI Life, RBL Bank, TCS, Wipro, Axis Bank, HCL among others   

imt nagpur

4. IMT Nagpur Scholarships
IMT Nagpur offers wide range of scholarships to the students in different PGDM programmes

  • Upto 5% of “approved intake” per course shall be available under tuition fee waiver scheme as per the AICTE guidelines. Candidates need to fill up an online form and submit necessary documents needed to be considered for this scholarship.
  • The candidates eligible for merit scholarship for 90+ percentile category (CAT, XAT) or 650 and above in GMAT may receive a scholarship of 40% on total academic fees.
  • All female students may receive a scholarship of 20% of academic fees under Smt. Leela Nath memorial scholarship scheme.

5. IMT Nagpur Notable Alumni
IMT Nagpur has a large alumni network spread not only in India but abroad also. IMT Alumni are occupying key positions like CEOs, Head, Managers among other top places. Below is shared a brief list of notable alumni of IMT Nagpur

NAME
COMPANY
DESIGNATION
LOCATION
BATCH
Mr. Puneet Pal Jindal
MONEY JOURNEE
CEO
DELHI
2006-08
Mr. Suman Jana
OHHOEXPRESS
CEO
MUMBAI
2007-09
Ms. Janam Bharatbhai Mehta
SUN PAPER & LABELS
CEO
MUMBAI
2008-10
Mr. Alen Abraham
SPEAKAPP SOCIAL MEDIA
CEO
AHEMDABAD
2009-11
Mr. Puneet Singhal
SINGHAL ENTERPRISES
CEO and Founder
DELHI
2009-11
Mr. Vishal Chandak
INLI
CEO and Founder
SURAT
2009-11
Mr. Karan Ratti Kapoor
THINK BASIC FOLKS
CEO and Founder
MUMBAI
2010-12
Mr. Nikhil Kumar P Beriwal
PLAN YOUR TRAVEL
CEO
PUNE
2010-12
Mr. Aditya Kumar Singh
KUMAR BUILDERS
Co-Founder/CEO
AMROHA
2010-12
Mr. Pankaj Garg
ECONOMIC AGGREGATE AND SUPPLY
CEO
HISSAR
2011-13
Mr. Shreyans Jain
MARVELLOUS OVERSEAS INDIA PRIVATE LIMITED
CEO
INDORE
2015-17
Mr. Anant Saraogi
CURIO STORE
CEO
MUMBAI
2015-17
Ms. Shalini Panwar
THINKIN CULTURE
CEO
NAGPUR
2015-17
Ms. Anjali  Kriplani
WEARISE VENTURE LLP
CEO and Founder
UJJAIN
2016-18
Ms. Ankita Chauhan
STATE BANK OF INDIA
Chief Manager
DELHI
2005-07
Mr. Asad Asif
SBI LIFE INSURANCE CO. LTD.
Chief Manager Marketing
NEW DELHI
2005-07
Mr. Rohit Jaroudiya
PUNJAB NATIONAL BANK
Chief manager
CHENNAI,TN
2006-08
Mr. Alok Bhargava
PUNJAB NATIONAL BANK
Chief Operations Manager
NEW DELHI
2007-09
Mr. Amandeep Singh
INDIAN OVERSEAS BANK
Chief Manager
AMRITSAR
2007-09
Mr. Abhishek Anand
SBI
Chief Manager
PUNE
2007-09
Mr. Amit Shah
STATE BANK OF INDIA
Chief Manager
MUMBAI
2007-09
Mr. Anshul Duggal
STATE BANK OF INDIA
Chief Manager
MUMBAI
2007-09
Mr. Rahul Kumar Pandey
PUNJAB NATIONAL BANK
Chief Manager
NOIDA
2007-09
Ms. Radha Kulkarni
KPMG
Chief Manager - Strategy
MUMBAI
2007-09
Mr. Anshuman Chaturvedi
IZOOTO PVT. LTD.
Chief of Saff
DELHI NCR, NOIDA
2008-10
Mr. Bibhuti Bhushan Kumar
BANK OF INDIA
Chief Manager
MUMBAI
2008-10
Mr. Puneet Kandoi
STATE BANK OF INDIA
Chief Manager
MUMBAI
2008-10
Mr. Ashwini Rungta
ICICI BANK
Chief Manager
KOLKATA
2009-11
Mr. Pushkar Deshpande
IN SOLUTIONS GLOBAL LIMITED
Chief Risk Officer
MUMBAI
2009-11
Mr. Sushant Jaipuria
PIXIS MARKETING CLOUD
Chief strategy officer
UNITED STATES OF AMERICA
2009-11
Mr. Maitrik Ketankumar Shah
ADANI MINING ENTERPRISES LTD
Partner and Chief Operating Officer
MUMBAI
2010-12
Ms. Swati Jain
BANK OF BARODA
Chief Manager
MUMBAI
2010-12
Mr. Udit Gupta
ICICI BANK
Chief Manager
NEW DELHI
2010-12
Mr. Harsh Vardhan Maheshwari
LEAD STONE ENERGY
COO
KOLKATA
2010-12
Mr. Lakshay Teckchandani
MYND FINANCIAL SERVICES
Chief Manager
GURGAON
2011-13
Mr. Sankalp Negi
ICICI LOMBARD
Chief manager Corporate sales
HYDERABAD
2011-13
Mr. Abhishek Bansal
BANSAL TEA PRODUCTS PVT. LTD.
COO
KANPUR
2012-14
Ms. Shreya Mahesh Khandelwal
EDELWEISS FINANCIAL SERVICES LTD
CFA| Manager- special situations
MUMBAI
2012-14
Mr. Jitesh Jamrani
INDUSLAND BANK
Chief Manager
NEW DELHI
2012-14
Ms. Mahaveer Mehta
ICICI LOMBARD
chief manager
INDORE
2012-14
Ms. Shekhar Lachhiramka
ICICI LOMBARD
Chief Manager
NEW DELHI
2012-14
Ms. Tosha Dubey
KOTAK MAHINDRA
Chief Manager
MUMBAI
2013-15
Mr. Yash Choudhary
GREENFUR
Chief Strategist
KOLKATA
2013-15
Ms. Hemant Dey
ICICI LOMBARD INSURANCE
Chief Manager
MUMBAI
2014-16
Ms. Nishant Raghuwanshi
SPEED BIKE
Chief Operating Officer
BHOPAL
2014-16
Mr. Prem Maheshwari
TATA AIG
Chief Manager
GURGAON
2014-16
Ms. Rituja Sullerey
KOTAK MAHINDRA BANK
CBS
BENGALURU
2015-17
Ms. Khushboo Agarwal
ICICI LOMBARD
Chief Manager
MUMBAI
2016-18
Mr. Jyotirmoy Mondal
LINKS MIND EDUCOT PVT LTD
Managing Director and CEO
KOLKATA
2016-18
Mr. Varun R
SPEAKAPP
Chief Marketing Officer
AHMEDABAD
2017-19

IMT Nagpur PGDM 2024 Admission Open: Apply Now

6. IMT Nagpur Admission 2024: Shortlisting & Selection Process
Application process for IMT Nagpur Admission 2024 is open. IMT Nagpur also encourages the candidates with following achievements to apply

Exceptional Work experience profile: 

  • The cut-off score will be relaxed for the Exceptional Work Experience category.
  • The candidate must have worked for at least two years in a BSE/NSE listed company with a turnover in the audited March 2023 balance sheet of at least INR 1000 crores or in a multinational company with a global turnover of over $1 Billion or its equivalent.
  • The company should be such in the promoters are not related directly or indirectly to the candidate.
  • The candidate must be holding at least a junior managerial post as per the job description certified.

High Test Score:

  • Candidates scoring high test scores in in CAT/ XAT/ GMAT/ CMAT are encouraged to apply for IMT Common Admission process 2023.

IMT Nagpur Admission Process at a Glance

imt nagpur

6.1 IMT Nagpur Selection Criteria
Exam Accepted:
IMT Nagpur will accept CAT 2023, XAT 2024 and CMAT 2024 exam score as well as GMAT (Jan 2020 to March 15, 2024) score for PGDM admission 2024.

Shortlisting for Final Selection Round:

  • Applicants will be short-listed for PI Round on the basis of one of the following test  score available CAT 2023 OR XAT 2024 OR CMAT 2024 OR GMAT
  • The candidates who have applied on the basis of more than one test score, the best score of such candidates shall be taken into the consideration at the time of Admission Offer

6.2 IMT Nagpur Admission Cut off
IMT Nagpur admission cut off in shortlisting process last year were as below. It is expected that IMT Nagpur would apply same cut off for admission 2024

Exam Accepted
Cut off
IMT Nagpur CAT cut off
75 Percentile
IMT Nagpur XAT cut off
75 Percentile
IMT Nagpur CMAT cut off Rank
90 Percentile
IMT Nagpur GMAT cut off
500 Score

Source: IMT Nagpur last year Cut offs

6.3 Personal Interview Parameters
IMT Nagpur is likely to conduct online personal interviews for admission 2024. The candidate shortlisted for PI Round will be evaluated on following five parameters:

  • Communication and Interpersonal Skills
  • Analytical and Problem Solving Skills
  • Business Affairs and General Awareness
  • Domain Knowledge
  • Future potential for employability

6.4 Final Merit list generation
The final merit of the candidate is a cumulative weighted average of the following components:

  • CAT/XAT/GMAT/CMAT (best score)
  • Academic Scores (Xth, XIIth and graduation) and quality/reputation and ranking of graduating college/institute/university
  • Performance in Personal Interview round
  • Work experience, both in duration and quality (for working candidates)

The final merit of the candidate is a cumulative weighted average of CAT/XAT/GMAT (best score); Academic Scores (Xth, XIIth and graduation) and quality/reputation and ranking of graduating college/institute/university; Performance in Personal Interview process; Work experience, both in duration and quality (for working candidates).

7. How to Apply for IMT Nagpur Admission 2024
To explore admission opportunity in IMT Nagpur, the candidates need to apply for admission by using and filling up the application form of IMT Nagpur. Apply Now

8. IMT Nagpur Admission 2024 Eligibility Criteria

  1. IMT Nagpur eligibility criteria require that the candidate must hold a bachelor's degree, with at least 50% marks or equivalent CGPA
  2. Apart from a recognized graduate degree, the candidate should be registered and appeared in at least one of the exams namely CAT 2023/XAT 2024/CMAT 2023 or GMAT (Taken between Jan 1, 2020 and March 15, 2024) and must score well to become eligible for admission.
  3. 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 IMT Nagpur Admission

9. IMT Nagpur Admission 2024: Important Dates

Admission 2024 Timeline
Important Dates
Online Common Application Starts
September 2023
IMT Nagpur Last Date to Apply
To be updated

With the vision of offering world-class management education in India, Institute of Management Technology (IMT) Nagpur consistently opts for more innovations and changes in the selection process to choose IMT fit candidates. Hope this article has been useful to decide on MBA admission and why you should choose IMT Nagpur alongwith other top B-schools. Admission process is open and you can Apply Now

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