Central Institute of Business Management, Research and Development (CIBMRD) established in the year 1994 and is AICTE recognized institute. The institute is situated in Nagpur, Maharashtra and is affiliated to Nagpur University which has been successfully running the Business Administration Courses Since its inception. The institute has the objective of providing Avenues for excellence in technical & professional education and research through various activities. CIBMRD is a perfect mixture of wisdom & experience as one of the ‘B’ schools as done by AIMA survey which offers various UG & PG courses.

TISS-SVE-CIBMRD Collaboration

Central Institute of Business Management, Research, And Development (CIBMRD) are associated with Tata Institute of Social Sciences School of Vocational Education, Mumbai (TISS-SVE) as a training HUB partner affiliated to run UG & PG courses in Banking Financial Services and Insurance (BFSI) vertical. The Degree & the diploma are awarded by TISS Mumbai only. TISS-SVE has been an institution of excellence in higher education that continually responds to changing social realities through the development and application of knowledge, towards creating a people-centered, ecologically sustainable and just society that promotes and protects the dignity, equality, social justice and human rights for all.

Below is the list of courses which run under CIBMRD-TISS-SVE:

CIBMRD Nagpur courses


The 6-semester, 3-years, Bachelor’s Program in Vocational Education- B VOC in Banking Financial Services & Insurance (BFSI).The unique feature about this course is 40 % classroom teaching & 60 % on the job training in every semester. A student has to complete 360 hours of Internship in every semester. The program blends general education inputs and practical on the job training to produce industry-ready professionals. Earn while you learn a concept is also introduced in these courses so that the trainee can earn a modest stipend during on the job training.

Short Term Skill Enhancement Courses

The duration of these courses consists of 6 months with the objective of upgrading the specialized skills that many different sectors demand in order to enhance the earning capabilities of the trainee.

Following are the certification courses:

  • Certificate Program on payment Bank Executives
  • Certificate Program on  Small Finance Bank Executive
  • Certificate Program on  Retail Bank Exclusive


Students who have completed 12th class from a recognized board are eligible for doing B VOC & these certification programs.

PG Courses

TISS-SVE offers one year PG Diploma program in BFSI sector to enhance the employability of students in the Finance sector. Following are the PG courses:

  • PGDBCM (PG Diploma in Bank Credit Management)
  • PGDBFMI (PG Diploma in Banking, Financial Markets, and Insurance) 
  • PGDMBO ( PG Diploma in Markets, Banking & Operations)


Students must have completed their Graduation from a recognized university to take admission to such courses. Working professionals can also apply for these courses.


  • The candidate must have appeared /Passed with minimum of 50% marks in aggregate or equivalent CGPA(45% in case of the candidate of backward class categories and the person with disability belonging to Maharashtra State only) in any bachelor degree.

  • MAH-CET/MMS-CET/ CAT/ JMET/ MAT/ XAT/ ATMA scores are compulsory.

CIBMRD Placements

CIBMRD Placement process is considered to be a student-managed activity. The institute is considered to be one of the prominent B-Schools in the region for companies to recruit. From the past years, the institute has maintained recruitment record with students exceeding expectations of recruiters. Placements at CIBMRD results in increasing faith that the industry has on the institution.
Placement Committee.

Highest Salary Package

7.2 LPA

Average Salary Package

3.6 LPA

Here is the list of Recruiting Companies of MBA batch 2016-18 :

Aashi India Limited





Oyo Rooms

Reliance Jio

Peoplite YAHOO

Talent Corner HR Services P Ltd

ICICI  Securities


Apollo Munich