Information
The Central Institute of Business Management Research & Development (CIBMRD), situated in Nagpur, Maharashtra, is one of the top management institutes providing quality education in business and management studies. Founded with a vision to foster professional excellence and value-based management education, the institute believes in a complete approach to learning that balances academic excellence with actual business practices. CIBMRD has a tie-up with Rashtrasant Tukadoji Maharaj Nagpur University (RTMNU) and is approved by All India Council for Technical Education (AICTE).
CIBMRD provides postgraduate courses in management, particularly the Master of Business Administration (MBA), with specializations according to contemporary business requirements. The academic model combines classroom teaching with industrial visits, live projects, internships, and corporate mentorship to provide students with practical exposure. The institute also promotes innovation and entrepreneurship through specialized cells and incubation facilities.
The infrastructure of the campus comprises smart classrooms, seminar halls, a rich resource library, computer laboratories, and Wi-Fi facilities. The faculty is composed of seasoned academicians and industry experts who impart a robust knowledge base and mentorship to students. CIBMRD also possesses an active Placement Cell that works closely with top recruiters to offer quality career opportunities to students.
Highlights
Feature |
Details |
Full Name |
Central Institute of Business Management Research & Development (CIBMRD) |
Location |
Nagpur, Maharashtra |
Established |
1994 |
Approved By |
AICTE, DTE Maharashtra |
Affiliated To |
RTM Nagpur University |
Course Offered |
MBA (Full-Time, 2 Years) |
Important dates
Event |
Date (Tentative) |
MAH MBA CET Exam |
March 2025 |
Application Start (through CAP) |
April–May 2025 |
CAP Registration Last Date |
May–June 2025 |
Document Verification |
June 2025 |
Seat Allotment (Round-wise) |
June–July 2025 |
Academic Session Start |
August 2025 |
Refer to official notifications for exact dates.
Admission Procedure
Admission to the MBA course at CIBMRD is done on the basis of entrance test marks and merit. The steps outlined below detail the process:
Admission Process:
1. Application: Candidates have to complete the application form provided on the CIBMRD website or campus.
2. Entrance Exam: Candidates need to possess valid scores in MAH-CET, CAT, CMAT, MAT or any other accepted test.
3. Group Discussion & Personal Interview: Shortlisted candidates are called for GD and PI rounds.
4. Merit List: Candidates are selected on the basis of entrance score, academic record, and GD/PI performance.
5. Fee Payment: Candidates who are chosen have to acknowledge their admission by paying the course fee.
Eligibility: Graduation with at least 50% marks (45% for reserved classes) from a recognized university.
Scholarships
Deserving students are assisted by CIBMRD through various scholarship schemes:
Students are encouraged to apply for scholarships at the time of admission.
Scholarship Type |
Eligibility |
Benefit |
Government Scholarships |
Reserved category (SC/ST/OBC) via DTE |
As per Govt norms |
Minority Scholarship |
For Muslim/Sikh/Christian/Buddhist/Parsi |
Tuition fee reimbursement |
EBC (Economically Backward Class) |
Annual income < ₹8 Lakh |
Partial tuition reimbursement |
Scholarships for Girls |
Female candidates from reserved categories |
Financial aid on tuition |
Merit-Based Support (Limited) |
High scores in entrance exams |
Performance-based fee waiver |
Placements
The institute possesses an established Training and Placement Cell which is committed to making students industry-ready. Pre-placement talks, aptitude testing, mock interview sessions, and grooming workshops are conducted by the cell.
Students are also provided with internships in organizations such as Big Bazaar, HDFC, and other regional and national companies, developing their professional skills and industry experience.
Placement Highlights |
Details |
Highest Package |
₹6.5 LPA (approx.) |
Average Package |
₹3.5–4 LPA |
Top Recruiters |
HDFC Bank, ICICI Bank, Axis Bank, Deloitte, Byju’s |
Placement Assistance |
100% assistance with mock interviews, training |
Internship Opportunities |
Provided after 1st year (paid/unpaid options) |
Indiatoday Ranked 223 for MBA by out of 272 in India 2023
The Week Ranked 154 for MBA by out of 193 in India 2023
Outlook Ranked 97 for MBA by out of 200 in India 2023
Outlook Ranked 97 for MBA by out of 200 in India 2022
Ranking Category |
Ranking/Remark |
Regional (Nagpur) |
Among Top 5 MBA Colleges in Nagpur |
RTM Nagpur University |
Consistently among top-performing affiliated colleges |
National Level |
Not ranked in NIRF but well-regarded regionally |
NAAC Accreditation |
Accredited with ‘A’ Grade |
Course | 1st Year Fees | Eligibility |
---|---|---|
MBA | ₹1.36 Lakhs ( 1st Year Fees ) | Graduation |
BBA | ₹20K ( 1st Year Fees ) | 10+2 |
B.Com | ₹20K ( 1st Year Fees ) | 10+2 |