SIBM Nagpur MBA Human Resource: Fees 2025, Course Duration, Dates, Eligibility

** The admission process at this college begins with the SNAP test, followed by a group exercise, personal interview, and written ability test for those shortlisted. Applicants must pay a SNAP application fee of INR 1750 and a program fee of INR 1000. The total fee for the two-year MBA program is approximately INR 22-23 lakh, including tuition, service, hostel, and mess fees, with payments made in four installments. The first-year tuition fee is INR 6,70,000, and the first semester costs INR 5,83,600, inclusive of hostel and mess charges. An annual 5-10% increase in hostel and mess fees is anticipated. Financial aid is minimal, with only 1-2 high-achieving students receiving assistance each year. Scholarships are available through national programs and banks, and students may also seek bank loans. Despite the high fees, the college provides a strong placement ecosystem, with over 100 companies recruiting annually, including Dabur, Dell, and Tata. Approximately 95-98% of students secure placements, with the highest salary package at INR 25.6 lakh per annum and an average of INR 9-10 lakh per annum. Internships are offered by companies like Ernst & Young and KPMG, with stipends up to INR 40,000. While the college features experienced PhD faculty and a curriculum that allows specialization from the first semester, some students are concerned about the return on investment due to the high tuition costs. The college is the only institute under SIU in the All India NIRF Ranking, emphasizing finance and marketing education.