
Updated on Apr 18, 2025
Admin
1954
Chennai
Public/Government Institute
Updated on Apr 18, 2025
Admin
Natesan Institute of Co-Operative Management (NICM), established in 1954, is a popular and prestigious institute for studying management education in Chennai, Tamil Nadu, India. The institute offers a number of programs, including the flagship Master of Business Administration (MBA) program as well as a Master of Business Administration (MBA) in Human Resource Management program, with a fees of ₹98,000 for both programs. For admissions students complete graduation in any stream, and selection for admission is based on the TANCET exam administered by Anna University. The cut off for the MBA program is 4161.
In placements 2024, NICM had 100% record with highest package and the average package being ₹6 LPA and ₹4.5 LPA respectively. The top recruiters are Cognizant, Accenture and Wipro.
Particulars | Details |
---|---|
Established | 1954 |
Affiliation | University of Madras |
Accreditation | C-PEC, BIRD Lucknow |
Courses Offered | MBA (General Management, Finance, Marketing, Human Resource Management) |
MBA Duration | 2 years |
MBA Eligibility | Bachelor’s degree in any discipline from a recognized university |
MBA Selection Criteria | Based on TANCET scores |
MBA Total Tuition Fees | ₹98,000 |
Average Package | ₹2.5 – ₹3.5 LPA (estimated based on peer institutions) |
Top Recruiters | LIC, HDFC, Times of India Group |
TANCET 2024 Cutoff (General – AI) | 4161 |
TANCET 2024 Cutoff (OBC – AI) | 6264 |
Scholarships | ₹45,000/year for SC/ST students; BC/MBC scholarships via welfare departments |
Facilities | Wi-Fi campus, library, hostel, transport, medical support |
How to Reach | By Air: Chennai International Airport (20 km) By Rail: Tambaram Railway Station (8 km) By Road: Accessible via GST Road, Chennai |
The Natesan Institute of Co-operative Management (NICM) has established a low tuition fee structure for an MBA program, thereby making high quality management education accessible to students. While the corresponding tuition fee is ₹98,000 for two years, both the general MBA and the MBA in Human Resource Management programs represent great value as NICM is one of the most affordable Business schools in Tamil Nadu.
Course | Duration | Total Tuition Fees |
---|---|---|
Master of Business Administration (MBA) | 2 years | ₹98,000 |
MBA in Human Resource Management | 2 years | ₹98,000 |
The Natesan Institute of Co-operative Management offers two main postgraduate programs: MBA & MBA in Human Resource Management. The MBA programs at NICM can admit graduates (Degree holders) from any discipline/subject & the TANCET score is used to provide admission to the MBA or MBA in Human Resource Management. Both programs not only focus on general business & management fundamentals, but also incorporate cooperative sector knowledge.
Course | Eligibility | Selection Criteria |
---|---|---|
Master of Business Administration (MBA) | Graduation in any stream | TANCET Score |
MBA in Human Resource Management | Graduation from a recognized university | TANCET Score |
NICM's application process for MBA programs takes place through TANCET 2025 organized by Anna University. This process includes the following steps: completing application registration, taking the TANCET exam, completing the counselling registration, filling choices, and finally taking a seat confirmation letter. The detailed admission process for NICM is composed of a series of laid out steps, to help ease the application process for interested candidates to be clear and transparent.
Step | Description |
---|---|
1. Visit Official Website | Go to https://www.nicmchennai.in |
2. Register for TANCET 2025 | Register for the TANCET exam conducted by Anna University |
3. Appear for TANCET Exam | Take the TANCET exam and secure a valid score |
4. Download Scorecard | Download the scorecard once the TANCET results are declared |
5. Register for TANCET Counselling | Register for TANCET counselling through the official portal |
6. Fill in Choices | Select NICM as a preferred institute during the counselling process |
7. Check Seat Allotment Status | Check seat allotment status during the counselling rounds |
8. Confirm Seat | Confirm the seat, pay the admission fees, and submit necessary documents |
9. Visit NICM Campus | Complete the admission formalities by visiting the NICM campus, if required |
As a sign of the level of competitiveness there is for admission into NICM, the TANCET cutoff ranks of NICM reflects ranks such as the MBA cutoff for 2024 which had the last round rank for General category students at 4161, while it was 6264 for OBC. The cutoff ranks effectively give an understanding of admission chances for any given applicant.
Category | Course | 2024 Cutoff (Last Round Rank) |
---|---|---|
General (All-India) | MBA | 4161 |
OBC (All-India) | MBA | 6264 |
NICM has a high and strong placement record, often hiring graduates into sectors like banking, finance, FMCG, and cooperative services. In 2024, the highest package was ₹5 LPA while the average package this year was ₹3.5 LPA. Approximately 80% of graduates had successful placements with the prominent recruiters being LIC, HDFC Bank, and the Times of India Group.
Particulars | Details |
---|---|
Top Recruiters | LIC, HDFC Bank, Times of India Group, Indian Overseas Bank, TNSC Bank |
Highest Package (Est.) | ₹5 LPA |
Average Package | ₹3.5 LPA |
Placement Rate | Around 80% |
Major Sectors | Banking, Finance, Insurance, FMCG, Co-operative sector |
NICM is in competition with other premier colleges IMS Ghaziabad, K.J. Somaiya Institute of Management Studies, Anna University, Department of Management Studies(DoMs) and PSG Institute of Management when you compare in terms of courses, fees, placements and selection. The table below will compare all of these colleges
Institute Name | Location | Course Offered | Total Fees (Approx.) | TANCET Cutoff (General - MBA) | Average Package (₹) | Seat Intake | Exams Accepted | Admission Process |
---|---|---|---|---|---|---|---|---|
Natesan Institute of Co-Operative Management (NICM) | Chennai, Tamil Nadu | MBA | ₹98,000 | 4161 (General - 2024) | ₹3.5 LPA | 120 | TANCET | TANCET, Counselling, Choice Filling |
Institute of Management Studies (IMS) Ghaziabad | Ghaziabad, Uttar Pradesh | MBA | ₹3,00,000 | 95 percentile (CAT) | ₹8 LPA | 240 | CAT, MAT, XAT, CMAT | Online Application, CAT/MAT/XAT/CMAT Score, GD/PI |
K.J. Somaiya Institute of Management Studies | Mumbai, Maharashtra | MBA | ₹12,00,000 | 92 percentile (CAT) | ₹10 LPA | 180 | CAT, XAT | Online Application, CAT/XAT Score, PI, GD |
Anna University, Department of Management Studies (DoMS) | Chennai, Tamil Nadu | MBA | ₹2,50,000 | 90 percentile (TANCET) | ₹6 LPA | 120 | TANCET | TANCET, Counselling, Choice Filling |
PSG Institute of Management | Coimbatore, Tamil Nadu | MBA | ₹7,00,000 | 90 percentile (CAT/XAT) | ₹8.5 LPA | 180 | CAT, XAT, CMAT | Online Application, CAT/XAT/CMAT Score, GD/PI |
NICM offers two MBA programs: Master of Business Administration (MBA) with specializations in General Management, Finance, Marketing, and Human Resource Management, as well as an MBA in Human Resource Management.
The total tuition fee for both the MBA and MBA in Human Resource Management programs at NICM is ₹98,000 for the 2-year duration.
To be eligible for the MBA program at NICM, candidates must have a bachelor's degree in any discipline from a recognized university.
Admission to NICM is based on TANCET scores. Candidates must appear for the TANCET exam and participate in the TANCET counseling process.
The TANCET 2024 cutoff for the General (All India) category is 4161, while for the OBC (All India) category, it is 6264.
The average package for NICM MBA graduates is approximately ₹3.5 LPA.
Top recruiters at NICM include LIC, HDFC Bank, Times of India Group, Indian Overseas Bank, and TNSC Bank.
Candidates must first register for TANCET, appear for the exam, and then register for TANCET counseling. During counseling, candidates can choose NICM as their preferred institute. The final step is seat confirmation, fee payment, and document submission.
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