The latest detailed final placement report that I could read on IIM Nagpur’s official site is for the two-year MBA 2023–25 batch. It reports a median CTC of ₹17.03 lakh and an average CTC of ₹18.07 lakh for 264 participating students. The report page now lists a Final Placement Report for MBA 2024–26, but its linked PDF returned a 403 response during this check, so I could not verify that newer report’s complete figures. Treat the 2023–25 numbers below as a dated reference, not as a forecast or a confirmed result for the 2026–28 MBA intake.
MBA 2023–25: median, average and top-end figures
In the 2023–25 report, the median CTC is ₹17,03,700 and the average is ₹18,07,253. The median is the more useful starting point for understanding the middle of that batch’s reported outcomes; the average is higher and can move with a smaller number of high offers. Neither figure is a guaranteed salary, take-home pay or a promise for a future batch. IIM Nagpur also reports the highest CTC as ₹69,57,000, but applicants should not use a top offer as a typical outcome.
The report’s distribution cards add context: the top 50% averaged ₹21,59,734, the top 25% ₹25,14,420, and the top 10% ₹31,73,293. These are averages for selected slices of the same 264-student MBA cohort. They do not describe the median student, and they should not be compared directly with the overall median. The report also shows median CTC rising from ₹16,00,000 in 2024 to ₹17,03,700 in 2025, a reported 6.48% year-on-year increase. That is one cohort-to-cohort comparison in the institute’s brochure, not evidence that the same growth rate will continue.
A CTC headline is not the same as monthly take-home pay. Before comparing offers, ask how fixed pay, variable pay, joining or retention bonuses, benefits and any international compensation are treated in each published figure. The report’s table supports the batch comparison, but not an individual’s likely in-hand amount.
Who was in the cohort and what roles appeared
The report lists 264 participants in the MBA 2023–25 placement process. Its batch profile identifies 45.45% as freshers, 29.17% with less than twelve months of experience, 12.12% with one to two years, and 13.26% with more than two years. This makes the published salary distribution relevant to a cohort with varied work experience, rather than to applicants with one uniform background. The report does not give a separate median for each experience group, so those comparisons cannot be derived from the overall figure.
The report’s domain split includes general management, strategy and consulting, sales and marketing, IT and analytics, finance, product management, operations and HR. It shows ITES and BFSI as the largest sector shares, at 30.69% and 30.33%, followed by FMCG/FMCD at 11.11%, consulting at 10.05% and manufacturing at 9.47%. These are categories in the institute’s report; sector share does not mean every student received a role in that area or that those roles had the same pay. The document also names roles such as product development manager, retail banking, product manager, supply chain manager, analyst, consultant and area sales manager. Use these examples to understand the kinds of functions represented, not as a placement guarantee or a complete role list.
The report states that 89 recruiters were new for the 2023–25 process and lists prominent organisations across consulting, banking and financial services, IT-enabled services, manufacturing, consumer businesses and conglomerates. Recruiter names are evidence of participation in that placement process only. They do not guarantee that a company will visit in a later year, recruit a particular profile or offer a particular compensation level.
Reading the newer 2024–26 update carefully
IIM Nagpur’s final-report index lists a 2024–26 MBA report, which is newer than the readable 2023–25 brochure. The PDF link was inaccessible in this review, so the detailed median, average, cohort denominator and role breakdown for 2024–26 remain unverified here. Separately, the institute’s March 2026 convocation news says 347 students graduated from the MBA 2024–26 batch and reports six international offers and a highest package of ₹73.17 lakh per annum. The news item also refers to executive programmes in the same convocation announcement; it does not provide the full placement report’s definitions or breakdown. Keep that announcement distinct from the detailed 2023–25 table and do not infer a 2024–26 median from it.
For applicants comparing offers or schools, ask for the latest final report and check the graduating batch, participating-student count, median and average definitions, CTC components, and whether international and executive-programme outcomes are included. Also ask whether the reported cohort equals all students graduating or only those included in the placement process. Those denominators matter: a salary metric without a clear cohort and placement basis can give a misleading comparison.
What to use for your own decision
Use ₹17.03 lakh median and ₹18.07 lakh average only as the published MBA 2023–25 reference values. The top-decile and highest figures describe the upper end, not a likely personal result. IIM Nagpur’s 2024–26 report is listed but could not be opened here, so obtain that report directly before relying on a newer median or comparing it with another institute. For your own shortlist, compare the median alongside role mix and cohort scope, then weigh it against the complete two-year cost, loan burden, location preferences and the roles you actually want. The placement brochure describes past outcomes; it cannot predict an individual student’s offer.