You should go for NMIMS rather than IIM Nagpur. NMIMS is one of the top B-schools in India, and only because there is the mention of the tag of IIM, you should not choose IIM Nagpur, as many IIMs are not yet good enough for acquiring quality education. NMIMS might be a little expensive, but studying there is worth it. It has qualified teachers, who provide better education, and also the placements in NMIMS are better than IIM Nagpur. The institute offers 100% placement guarantee to the students, with the highest salary package being Rs. 30.37 Lakhs per annum, while the highest salary package offered in IIM Nagpur till date is Rs. 20 Lakhs per annum. Many well-known companies visit the NMIMS campus every year to recruit the students. I hope you have got all your answers, and will definitely take the right decision for your future.