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Institute of Management Technology Nagpur: Ranking, Courses, Fees, Eligibility, Cutoff, Placements, Scholarships

Last updated on July 20th, 2021 by Nikita Joshi

Established in the year of 2004, the Institute of Management Technology, Nagpur is one of the most sought Business schools in India. The IMT Nagpur is ranked 60th in the Management category by NIRF 2020. IMT Nagpur is approved by AICTE, AIU, and NBA and is a member of AACSB Business Education Alliance and AMDISA.

The most popular and flagship program of IMT Nagpur is Post Graduate Diploma in Management-Marketing, which is equivalent to a 2 years MBA program. The institute also offers PGDM (Regular), PGDM-Finance, and FPM programs. Admission to the PGDM/ PGDM-Marketing/ PGDM-Finance and FPM programs is done on the basis of CAT, XAT, GMAT, GRE, GATE, UGC-NET or CMAT followed by GD PI.

IMT Nagpur Key Facts

  • Institute of Management Technology, Nagpur has a 5 Year Accreditation from NBA which is only given to the best Management Colleges in the country.
  • The Institute has a partnership with 25 foreign universities for the various Student/Faculty exchange programs. To name a few: Charles Darwin University, ICHEC Brussels Management School, Universite du Quebec, IDE Business School.
  • The class profile of the batch of 2019-21 in IMT Nagpur has a 67% of Male Population and the rest 33% are Female.
  • In the batch of 2019-21, 69.9% are freshers while 30.1% have work experience.
  • PGDM – Marketing is the flagship program at IMT Nagpur.
  • The Institute has 40 full-time faculty, of which more than 85% are Ph.D. holders in their respective fields.
  • 90 recruiters visited for IMT Nagpur Placements 2020, where the highest CTC offered to the student was 16 LPA while the average lies between INR 7-8 LPA.

IMT Nagpur Ranking

IMT NagThe table below shows the Ranking of IMT Nagpur by various agencies:

Ranking Agency Rank
NIRF 2020 60
NIRF 2019 70
Competition Success Review GHRDC 11
Education World 14
The Week 35
MBA Universe 34
Business Standard A1

IMT Nagpur Courses & Fees

IMT Nagpur offers Postgraduate Diploma courses in Management in various specializations and a Fellowship Program in Management course. Tabulated below are the details of the same – Specialization, Eligibility, Fees, and Selection Criteria:

Courses Program Details Selection Criteria
PGDM
  • Specialization: Finance, Business Analytics & Information Technology, Operation Management, Marketing, Human Resource & Organisational Behaviour, Economics
  • Eligibility: Bachelor Degree in any stream with a minimum of 50% from a recognized University
  • Fees: INR 12,12,000
CAT/XAT/GMAT/CMAT
PGDM Marketing
  • Eligibility: Bachelor Degree in any stream with a minimum of 50% from a recognized University
  • Fees: INR 12,12,000
PGDM Finance
  • Eligibility: Bachelor Degree in any stream with a minimum of 50% from a recognized University
  • Fees: INR 12,12,000
FPM
  • Specialization: Finance & Accounting/ Organizational Behaviour & Human Resource Management/ Operations Management & Decision Sciences/ Business Analytics
  • Eligibility: Master’s Degree or equivalent in Management / Economics / Social Science / Biological/ Law/ Science / Pure Science / Commerce / Humanities with 55% or equivalent CGPA
  • OR
  • A Bachelor’s Degree in BE/B. Tech/ MBBS/ BDS/B. Arch with a minimum of 60% marks or equivalent CGPA
  • OR
  • Any professional qualifications such as CA, CMA, and CS with a minimum of 55% aggregate marks.
CAT/GMAT/GRE/GATE/UGC-NET

IMT Nagpur Cutoff

IMT Nagpur follows CAT/XAT/CMAT/GMAT Score, Personal Interview marks, and Group Discussion for the final merit list. The previous year’s cutoff of various accepting entrance exams is tabulated below:

Course Exam Cutoff
PGDM, PGDM-Marketing, PGDM – Finance CMAT 90
CAT 85
XAT 80

Weightage for various Selection Parameters:

Parameters Percentage (%)
Test Score of CAT/XAT/GMAT/CMAT 35
Academic Score & Graduating Institute quality 25
Duration & Quality of Work Experience 10
Academic Diversity 10
Personal Interview and Group Discussion 20

IMT Nagpur Placements

Institute of Management Nagpur has witnessed a tremendous placement scenario for its batch of 2018-20. Many renowned companies came to recruit students from the campus. The major highlights of the Placement Scenario are:

  • Total numbers of 90 Recruiters visited at IMT Nagpur for its placement drive 2020.
  • 85% of students from the batch of 2018-20 got placed during the campus drive.
  • The highest package given to the students was 16 LPA from a marketing firm.
  • The average package was 7.94 LPA. (Gone up from 7.64 LPA in 2019 )
  • Mostly Banking Financial Services and Insurance companies came to recruit students from the Institute. 26% of the total offers have been given by them.
  • During Summer Internship the Institute has a record of 100% placement.
  • The highest stipend given during Summer Internship was INR 50,000/ PM while the average was INR 14,000/ PM

IMT Nagpur Renowned Recruiters

SBI Life CRISIL Schneider Electric Nielsen
Wipro Exide life Deloitte Reliance
KPMG Blue Star ICICI Bank Federal Bank
Bata, Fujitsu Hidesign Purnartha
Urban Company Bain & Company TTK Healthcare Evalueserve

IMT Nagpur Scholarship

The college offers various scholarship facilities to the students of which the details are mentioned below:

  • Srimati Leela Nath Memorial Scholarship: Female students from various PGDM Programme at IMT Nagpur can apply for the Smt Leela Nath Memorial Scholarship and avail of the 5% relaxation in their Academic Fee.
  • Merit Scholarship for High Scorers at Admission Tests: Students from all the PGDM Courses having 90 Percentage/Percentile in CAT/XAT/CMAT/GMAT can apply for the scholarship. Students can avail of 40-60 % of the fee refund in their Academic Fee.
  • Late Mahendra Nath Merit Cum Means Scholarship: The institute offers this scholarship to the meritorious students every year who have done significant work in the field of Academics. The scholarship amount lies between 10-12 Lacs.
  • EWS Scholarship: Meritorious students having a financial condition and from the EWS Category can avail of up to 100% Academic Scholarship at IMT Nagpur. The total amount is 11,36,000 INR.
  • FPM Stipend: All the students getting selected for the FPM Course will be awarded a monthly stipend worth INR 50,000 per month.

How to avail scholarships?

Candidates are required to fill in the application form on the official website of the IMT Nagpur of which the college notifies from time to time.

IMT Nagpur FAQs

Ques. Is IMT Ghaziabad better than IMT Nagpur?

Last updated on July 27th, 2021

Ans: Although both the Institution comes under the same umbrella, still, IMT Ghaziabad being an old college has better alumni and hold in the industry, hence IMT Ghaziabad can be considered better than IMT Nagpur.

Ques. Which PGDM course in IMT Nagpur has a better placement record?

Last updated on July 27th, 2021

Ans: PGDM in Marketing at IMT Nagpur has a slightly better placement record than other PGDM Courses. As the syllabus made the student’s industry ready the strength of the course is also high hence the competition is.

Ques. Does IMT Nagpur come under tier 1 B Schools?

Last updated on July 27th, 2021

Ans: No, Institute of Management, (IMT) Nagpur, Madhya Pradesh comes under Tier 3 Business Schools in India.

Ques. Does IMT Nagpur have accommodation facilities?

Last updated on July 27th, 2021

Ans: Yes. IMT Nagpur has spacious and independent hostels for both male and female candidates.

Ques. What is the advantage of studying at IMT Nagpur?

Last updated on July 27th, 2021

Ans. The brand name and value of IMT, Nagpur is the main reason which attracts numerous students every year. Being close to Eastern Asia’s biggest business capital Mumbai helps IMT Students to look after various possible opportunities. As Nagpur has an IIM, many tiers 2 and 3 companies recruiting from IIM N also come to IMT Nagpur for Placement Drive.