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IIM Nagpur (IIM-N)
Overview of IIM Nagpur
The Indian Institute of Management Nagpur (IIM Nagpur or IIM-N) was established in 2015 as part of the expansion of the IIM system in India. It is the youngest IIM in the country and is located in Nagpur, Maharashtra, which is strategically positioned as a logistics hub and well-connected by road, rail, and air to major cities.
IIM Nagpur is committed to offering quality management education that equips students with the skills necessary to take on leadership roles in the rapidly changing global business environment. The institute provides a strong foundation in business fundamentals while focusing on innovation, entrepreneurship, and global perspectives.
1. Academic Programs at IIM Nagpur
IIM Nagpur offers a range of academic programs designed for aspiring managers, professionals, and researchers at different stages of their careers.
Post Graduate Programme in Management (PGP)
Duration: 2 years (Full-time)
Overview: The Post Graduate Programme in Management (PGP) at IIM Nagpur is the flagship program of the institute, designed to provide students with a comprehensive understanding of management practices, leadership skills, and innovative thinking.
Core Subjects (First Year):
- Organizational Behavior
- Managerial Economics
- Corporate Finance
- Marketing Management
- Operations Management
- Strategy and Business Policy
- Business Analytics
- Data Science for Managers
- Human Resource Management
- Quantitative Methods for Management
Elective Subjects (Second Year):
- Digital Marketing
- Financial Risk Management
- Entrepreneurship and Innovation
- Global Business and Strategy
- Sustainability in Business
- Advanced Operations Management
- International Finance
- Leadership and Change Management
Executive Post Graduate Programme in Management (EPGP)
Duration: 1 year (Full-time)
Overview: The Executive Post Graduate Programme in Management (EPGP) is aimed at professionals with significant work experience who are looking to enhance their leadership capabilities. The program offers a rigorous curriculum focused on strategic decision-making, innovation, and global business trends.
Key Focus Areas:
- Strategic Leadership
- Business Analytics
- Finance for Executives
- Marketing Strategy
- Operations Strategy
- Entrepreneurship
- Global Business Management
- Corporate Governance
Doctoral Programme in Management (FPM)
Duration: 4-5 years (Full-time)
Overview: The Fellow Programme in Management (FPM) at IIM Nagpur is a doctoral program designed to develop future academic leaders and researchers in the field of management. The program offers the opportunity for in-depth research across various management domains.
Specializations Offered:
- Finance
- Marketing
- Operations Management
- Organizational Behavior
- Strategy
- Entrepreneurship
- Human Resource Management
Integrated Programme in Management (IPM)
Duration: 5 years (Full-time)
Overview: The Integrated Programme in Management (IPM) is designed for students who have completed their 12th grade and wish to pursue a comprehensive management education. The program combines both undergraduate and postgraduate education in management, providing a strong foundation for future leadership roles.
Key Courses Include:
- Business Fundamentals
- Management and Business Environment
- Marketing Management
- Financial Accounting
- Organizational Behavior
- Quantitative Techniques
Executive Education Programs
IIM Nagpur offers a variety of Executive Education Programs that cater to professionals looking to upgrade their skills and broaden their managerial perspectives.
- Key Programs:
- Advanced Management Programme
- Leadership and Strategy for Executives
- Data Science and Analytics for Business Leaders
- Entrepreneurship and Innovation for Executives
2. Campus Details of IIM Nagpur
Location:
- IIM Nagpur is located in Nagpur, Maharashtra, which is a major city known for its central location and connectivity. Nagpur is easily accessible by air, rail, and road, making it an ideal location for students from across India.
Infrastructure:
- Classrooms: The classrooms at IIM Nagpur are equipped with modern teaching tools, such as smart boards, projectors, and high-speed internet to enhance the learning experience.
- Library: The library at IIM Nagpur is a rich resource for students and faculty, with a vast collection of books, journals, research papers, and e-resources to support academic activities.
- Hostels: The institute offers modern hostel facilities with all amenities, including Wi-Fi, recreation areas, and round-the-clock security.
- Sports and Recreation: The campus has facilities for various sports and recreational activities, including cricket, basketball, badminton, and a gymnasium.
- Cafeteria: The cafeteria offers healthy and diverse meal options to students, catering to various dietary preferences.
- IT Infrastructure: The campus is equipped with high-speed internet, computing facilities, and research support tools.
Student Life:
- IIM Nagpur offers a vibrant student life, with numerous clubs, committees, and cultural activities that help students build leadership skills and forge lifelong relationships.
Major Events:
- Adroit: The annual management fest of IIM Nagpur, featuring competitions, workshops, and guest lectures by industry leaders.
- Envision: A leadership event with speakers from the corporate world sharing their expertise and experiences in business.
- Cultural and Sports Fest: IIM Nagpur also organizes regular cultural and sports events to promote holistic development.
3. Placement Information at IIM Nagpur
IIM Nagpur has consistently shown impressive placement records since its inception, attracting top companies from various sectors such as consulting, finance, IT, FMCG, and more. The institute focuses on providing students with comprehensive career services, including interview preparation, industry interaction, and job placement assistance.
Placement Process:
- Final Placements: The final placement process is typically conducted at the end of the second year. The process includes pre-placement talks, personal interviews, and group discussions.
- Summer Placements: Students are required to undertake summer internships after their first year, which provide practical exposure and often lead to full-time job offers.
Top Recruiters:
- Consulting: Deloitte, McKinsey & Company, EY, KPMG, Accenture, etc.
- Finance: Goldman Sachs, JP Morgan, Citi, ICICI Bank, Bank of America, etc.
- Technology: Microsoft, Amazon, IBM, Infosys, TCS, etc.
- FMCG: Unilever, ITC, Nestlé, Procter & Gamble, etc.
- Manufacturing: Tata Motors, L&T, Mahindra & Mahindra, etc.
- Startups: Swiggy, Byju’s, Zomato, etc.
Salary Statistics:
- Average Salary: The average salary for IIM Nagpur graduates is approximately INR 12-15 lakh per annum.
- Top Salary: The highest salary offered to IIM Nagpur students has exceeded INR 20 lakh per annum, particularly in the consulting and finance sectors.
- Placement Rate: IIM Nagpur boasts a 100% placement rate, with many students receiving multiple offers.
4. Eligibility for IIM Nagpur Programs
Eligibility for PGP (Post Graduate Programme in Management):
- Educational Qualification: A bachelor’s degree with at least 50% marks (45% for SC/ST/PWD candidates).
- Entrance Exam: Admission is through CAT (Common Admission Test). Shortlisted candidates are invited for Personal Interviews (PI) and Written Ability Tests (WAT).
Eligibility for Executive Post Graduate Programme in Management (EPGP):
- Work Experience: A minimum of 5 years of professional work experience.
- Educational Qualification: A bachelor’s degree or equivalent in any discipline.
- Entrance Exam: Candidates must have a valid GMAT or GRE score. Shortlisting is also based on professional experience and academic background.
Eligibility for FPM (Fellow Programme in Management):
- Educational Qualification: A master’s degree or equivalent with at least 60% marks, or a 4-year bachelor’s degree with at least 60% marks.
- Entrance Exam: Candidates need a valid GMAT, GRE, or CAT score (depending on the program). Shortlisted candidates will be invited for personal interviews.
5. Fee Structure (Approximate)
PGP (Post Graduate Programme in Management):
- The total fees for the 2-year PGP program are approximately INR 12-15 lakh, which includes tuition, hostel fees, and other charges.
EPGP (Executive Post Graduate Programme in Management):
- The fees for the 1-year Executive Programme are approximately INR 18-20 lakh.
FPM (Fellow Programme in Management):
- FPM students typically receive stipends to cover living expenses, and tuition fees are often waived.
IIM Nagpur, despite being a relatively new addition to the IIM family, has quickly established itself as an institute of excellence in management education. With its modern infrastructure, experienced faculty, and focus on innovation, entrepreneurship, and global business perspectives, IIM Nagpur provides a world-class education for aspiring business leaders. The strong placement records and a wide range of industry collaborations further add to the appeal of studying at IIM Nagpur.
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