Central Institute of Business Management, Research and Development, Somalwada, Nagpur

Maharashtra
Fees: MBA: ₹2.42 Lakhs (Total 2 Years); BBA/B.Com: ₹60,000 (Total 3 Years)
Average Package: ₹3.5 LPA
Highest Package: ₹10.2 LPA

About Central Institute of Business Management, Research and Development, Somalwada, Nagpur

Central Institute of Business Management, Research and Development (CIBMRD), located in Nagpur, Maharashtra, is a premier management institution established in 1994. Under the aegis of Vidya Shikshan Prasarak Mandal (VSPM) Academy of Higher Education, the institute has carved a niche for itself over the last three decades in the field of technical and professional education. Affiliated with Rashtrasant Tukadoji Maharaj Nagpur University (RTMNU) and approved by AICTE, New Delhi, CIBMRD offers a robust portfolio of programs including MBA, BBA, and B.Com (Honours), alongside being a recognized center for Ph.D. research. The institute's philosophy centers on creating 'winners' rather than just graduates. It emphasizes a curriculum that blends theoretical academic rigor with practical industry exposure through case studies, simulation games, and mandatory summer internships. With a sanctioned intake of 180 seats for its flagship MBA program, the college provides specializations in Finance, Marketing, HR, Operations, Business Analytics, and Information Technology. The faculty consists of seasoned professionals and researchers, many of whom serve on the Academic Council and Board of Studies at RTMNU. Strategically situated on Wardha Road near the Airport South Metro Station, CIBMRD offers unparalleled connectivity for students. The campus is equipped with modern infrastructure including high-tech computer labs, a well-stocked digital library (J-Gate access), and an active Innovation and Incubation Centre (IIC) supported by AICTE. The institute is particularly noted for its inclusive environment, providing various state and central government scholarships to eligible students, and maintaining a consistent placement record with top corporate houses.

Admission Process

Admission to MBA is through the Centralized Admission Process (CAP) conducted by DTE Maharashtra based on MAH-MBA-CET scores. For BBA and B.Com, admissions are merit-based depending on 12th-standard marks. Ph.D. candidates must clear the University's PET exam or be exempted via NET/SET/GATE.

Cutoffs

MAH-MBA-CET Cutoff: 21.32 - 35.99 percentile (General Open Category)

Rankings & Recognition

Graded 'A+' by Business India; NAAC Accredited 'B+' Grade

Top Recruiters & Placements

HDFC Bank,TCS,ICICI Bank,Amul,Hindustan Unilever,SBI Life Insurance,Kotak Mahindra Bank,Airtel,Byju's,Capgemini

Scholarships

Government of Maharashtra Post-Matric Scholarships (EBC), SC/ST/OBC Category Scholarships, and Minority Scholarships are available.

Student Life & Campus

Students enjoy a vibrant campus life with annual fests like 'Astralogy', national conferences, industrial visits to companies like Mahindra & Mahindra and Dinshaws, and participation in various management forums.

Facilities

Digital Library,Computer Labs,Wi-Fi Campus,Auditorium,Cafeteria,Girls Hostel (Off-campus),Sports Complex,Innovation and Incubation Centre (IIC)

Faculty Details

Frequently Asked Questions

What is the entrance exam for MBA at CIBMRD?

Admissions to MBA are primarily based on MAH-MBA-CET, but scores from CAT, MAT, XAT, and CMAT are also accepted.

Is CIBMRD affiliated with any university?

Yes, it is affiliated with Rashtrasant Tukadoji Maharaj Nagpur University (RTMNU).

Courses & Fees

  • MBA - ₹1,36,000 (Per Year)
  • BBA - ₹20,000 (Per Year)
  • B.Com (Honours) - ₹20,000 (Per Year)
  • Ph.D. in Management - As per University Norms

Reviews & Ratings

Overall Rating: 0 out of 5 (0 reviews)

Pros

  • Highly qualified and supportive faculty
  • Excellent location near Metro and Airport
  • Affordable fee structure for MBA and BBA
  • Strong focus on research and industrial visits

Cons

  • Infrastructure is average compared to top-tier B-schools
  • Limited campus size
  • Placement packages for UG courses are relatively low

Photo & Video Gallery

Available Media: 1 Photos, 0 Videos

Notifications & Updates

  • MBA Admissions Open for Session 2026-27 (2026-01-15)
  • MAH MBA CET 2026 Exam Dates Announced (2026-02-10)

Location

Pawanbhumi Layout, Wardha Road, Somalwada, Nagpur, Maharashtra 440025

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Contact Details

Phone: 0712-2292986

Email: cibmrd@gmail.com

Medical Details & Hospital Load

Bed Count: N/A, Daily Patients: —

OPD Load: —, IPD Load: —

Bond Years: 0, Bond Penalty: —