Know About ITM Navi Mumbai
ITM Business School Navi Mumbai is part of the ITM Group of Institutions and was founded in 1991 as a private institution. ITM Kharghar, located in Navi Mumbai, is ranked ninth in the Top B Schools in Mumbai category by Business Today 2023, 45 in The Times 2023 for MBA, and 60 in Business Today 2023 for MBA. ITM Business School provides AIU and UGC-approved MBA programmes through ITM Skills University.ITM Business School, has provided an All India Council for Technical Education AICTE-approved PGDM programme for the past 32 years.
In 2023, ITM created ITM Skills University, a UGC-approved private state skills’ university. ITM Skills University will offer the highly sought-after ITM PGDM 𝒊-Connect as an MBA award starting AY 2024. This future-focused transformation will turn the ITM MBA 𝒊-Connect into a modern, technological, and industry-aligned experience. ITM Kharghar offers ITM MBA iConnect courses, as well as over 35 add-on certificates and Global Immersion programs (GIP) for students. The college is well-known for its MBA programs. The college has been given Diamond Band with A+ Grade by the OBE Ranking Survey 2023. The key highlights of ITM Business School Navi Mumbai are listed below:
HIGHLIGHT OF ITM Business School Navi Mumbai
| Establishment | 1991 / Private |
| Recognize | ALL INDIA COUNCIL for Technical Education (AICTE) |
| Accredited By | NAAC |
| Entrance Exam | National:CAT/XAT/MAT /GMAT/ATMA STATE: MAHCET |
| Course Offered | MBA |
| No Of Course | 6 Courses across 2 stream |
| Application Mode/Fees | Online | 1500 Rs |
| Top Recruiter | Asian Paints, HDFC Bank, JP Morgan, Pay TM, Nestle, Kotak, Mahindra Bank, Deloitte |
Why to Study at ITM Navi Mumbai
ITM Business School Navi Mumbai is well-known for its integration of technology and management. It boasts cutting-edge infrastructure. For over three decades, ITM’s industry connection with over 650 corporates, known as MBA 𝒊-Connect, has provided students and alumni with valuable professional learning and placement opportunities worldwide.
For 32 years, ITM Business School Navi Mumbai has been ranked among India’s top business schools. Our MBA 𝒊-Connect students are academically adept and well-equipped to tackle obstacles and opportunities in their employment.
- 10 creative specializations in the industry ready to meet rising industry needs, including Fintech, digital marketing transformations, and business analytics.
- 300 + hours of leadership skills and growth in the program
- Redesigned NGO Program to inculcate students to ‘ social Responsibility.
- 5month Intensive internship program focused on “On the Job”
- Live project mentored by the Industry Experts and Core Faculty team.
- 650 + recruiters with job opportunities abroad
ITM Navi Mumbai Ranking
- Ranked 60th in Top B-Schools by Business Today (BT) 2023.
- Ranked 76th in Top B-School (Pvt.) and 23rd in West Zone by IIRF 2023.
- Diamond Band with A+ Grade” by OBE Ranking Survey 2023.
- 20th Among the Top B-Schools in West Zone by Times Annual B School Ranking Survey 2023.
- 37th Among India’s Top 100 B-Schools in India.
- 8 in Top B-Schools in Mumbai by Business Today 2023.
- Diamond Band with A+ Grade” in The OBE Rankings 2022 and is positioned as The Premier Institution for Academic Excellence, in India.
- Ranked 28th in Overall Category by Times B School 2022.
- ITM Kharghar got a 2 Palm ranking in a global B-School Survey.
- 25 among the Top Private Business Schools in India – Education World India Higher Education Ranking 2021-22.
Courses Offered by ITM Navi Mumbai
ITM Navi Mumbai offers five-month industry internships to students pursuing various courses. At the postgraduate level, the college provides two-year full-time ITM MBA iConnect programmes in ten specialisations. Five of these ten specialisations are Core specialisations, with the remaining five being Tech + Management specialisations. The college also offers Global Immersion Programmes (GIP) to students.
ITM Navi Mumbai is well-known for its famous MBA programme, with the college ranking eighth in Business Today’s 2023 list of the Top B Schools in Mumbai. Below are some of the courses offered by ITM College, along with their respective eligibility and ITM Navi Mumbai fees:
1.MBA iConnect Finance
The ITM Navi Mumbai course Finance Markets introduces you to key capital market principles and blends them with studies in Business Management to better understand the complex dynamics of the industry. Hands-On experience on financial tools, market training, and initiatives is enabled by the comprehensive curriculum which is compatible with your business objectives. You can learn from the best academics and industry experts and develop into demanding positions in the industry under their steady mentoring.
| Duration | 2 years (Full Time) |
| Course Level | PG Degree |
| Total Tuition Fees | INR 11.95 Lakh |
| Hostel Fees |
INR 2.00 Lakh |
| Type of University | Private |
| Year of establishment | 1991 |
2.MBA iConnect Marketing
ITM -Business School provides leaders with strong, ethical, and universal management skills. MBA iConnect marketing program blends discrete terms of analysis, immersion in industry, and applied research beautifully. The main focus is on delivering information and building skills to help them solve organizational challenges.
| Duration | 2 years (Full Time) |
| Course Level | PG Degree |
| Total Tuition Fees | INR 11.95 Lakh |
| Hostel Fees | INR 2.00 Lakh |
| Type of University | Private |
| Year of establishment | 1991 |
3. MBA iConnect Human Resource Management:
ITM MBA iConnect Human Resource Management is aimed at training young people to work in the exciting field of people’s management in their expertise, knowledge, and attitude. A well-designed program provides comprehensive insights into the different functions and practices of human resources in the corporate world. It allows students to learn in the classroom and practice. They will improve their skills.
| Duration | 2 years (Full Time) |
| Course Level | PG Degree |
| Total Tuition Fees | INR 11.95 Lakh |
| Hostel Fees |
INR 2.00 Lakh |
| Type of University | Private |
| Year of establishment | 1991 |
4.MBA iConnect Retail Management & Marketing
In order to respond to the rising and competitive retail industry and the e-commerce market both in India and globally, MBA iConnect’s Retail Management and Marketing program. The course incorporates theory and practical teaching, including understanding the global market, retail, international business, commercial management, merchandising, retail analysis, customer competencies, sales, and negotiation, etc.
| Duration | 2 years (Full Time) |
| Course Level | PG Degree |
| Total Tuition Fees | INR 11.95 Lakh |
| Hostel Fees | INR 2.00 Lakh |
| Type of University | Private |
| Year of establishment | 1991 |
5.MBA iConnect Business Analytics:
The new two-year postgraduate program for Business & Analytics, approved by AICTE, is launched at the ITM Business School. The curriculum has been designed especially to prepare students with creative pedagogical courses to make data-driven business decisions and to make business data strategies fluent.
| Duration | 2 years (Full Time) |
| Course Level | PG Degree |
| Total Tuition Fees | INR 11.95 Lakh |
| Hostel Fees |
INR 2.00 Lakh |
| Type of University | Private |
| Year of establishment | 1991 |
6.MBA iConnect Financial Markets
The MBA-Finance course helps students understand and acquire skills in the way business companies raise capital, control individual investment returns from risk analysis, and evaluate the market process through which corporate demand and capital supply are handled. This teaches students in monetary and fiscal policy formulation as well.
| Duration | 2 years (Full Time) |
| Course Level | PG Degree |
| Total Tuition Fees | INR 11.95 Lakh |
| Hostel Fees |
INR 2.00 Lakh |
| Type of University | Private |
| Year of establishment | 1991 |
7.MBA I Connect International Business
In the International Business Programme, MBA I Connect develops internationally oriented practitioners and is able to integrate this diversity into attitudes and behaviors. The course is designed to provide students with analytical or practical skills that can effectively manage them in multinational companies with a curriculum that focuses on practical application.
| Duration | 2 years (Full Time) |
| Course Level | PG Degree |
| Total Tuition Fees | INR 11.95 Lakh |
| Hostel Fees |
INR 2.00 Lakh |
| Type of University | Private |
| Year of establishment | 1991 |
8.MBA iConnect Operations & Supply Chain Management
The ITM Navi Mumbai offers specialization MBA prepares students to face challenges in the areas of logistics, supply chain design & supply chain management, efficiency, creativity, and environmental issues.
| Duration | 2 years (Full Time) |
| Course Level | PG Degree |
| Total Tuition Fees | INR 11.95 Lakh |
| Hostel Fees |
INR 2.00 Lakh |
| Type of University | Private |
| Year of establishment | 1991 |
9.MBA iConnect Financial Technology
FinTech equips you to be a master in Finance related technology field and makes you an expert in Fintech Innovation Consultancy, Fintech Design Thinking, Business Analysis, Data Science, Risk Analysis, Research Analysis, Investment Banking, Financial Analysis, Corporate Financing, Banking, and many more.
| Duration | 2 years (Full Time) |
| Course Level | PG Degree |
| Total Tuition Fees | INR 11.95 Lakh |
| Hostel Fees |
INR 2.00 Lakh |
| Type of University | Private |
| Year of establishment | 1991 |
10.MBA iConnect Digital Marketing & Transformation
Digital Marketing is a specialty of ITM that incorporates 4 elements–analytics, digital marketing, and technology–for digital media, business transformation. The approach is built to provide new-age marketing professionals for students with the know-how and resources. Social Media Lab is the location of ITM’s Social Media Institute, which is used by industry experts to execute and observe marketing campaigns in real-world media.
ITM Navi Mumbai Admission Process 2024
ITM Business School Eligibility Criteria
Candidates for ITM Business School’s MBA programme are admitted based on their legitimate scores in the CAT/XAT/MAT/CMAT/ATMA or any other state CET entrance exams. The final selection is based on MPPI performance (Micro Presentation and Personal Interview) and candidates’ post-graduation employment experience (if any). The following are some of the important highlights of ITM Business School in Navi Mumbai.:
- A Bachelor (10 + 2 + 3) candidate from any of the approved Universities of the AIU with minimum marks of 50 percent shall be eligible to complete a MBA program.
- Students can also register for the final year. Applicants must have also been included for the following MBA entrance tests: CAT, XAT, MAT, CMAT, ATMA, GMAT & State CET examinations, and according to AICTE guidelines. The following MBA entrance tests must be submitted to the applicants.
ITM Business School Navi Mumbai Placement
ITM Business School completed its placement campaign for the 2023 graduating class with a 100% placement rate. According to the most recent data, the top and average packages offered during ITM Business School placements in 2023 were INR 21 LPA and INR 8.65 LPA, respectively. In 2023, the top recruiters at ITM Business School, Navi Mumbai included Amazon, LG, Deloitte, Reliance Digital, JP Morgan, Flipkart, HDFC Bank, Voltas, and others.
- ITM Business Schools Placements maintains a 100% record placement in all administrative courses in front of any university in Navi Mumbai. Up to date, The Highest Salary Offered is 21lakhs p.a. and the average Package is8.65lakhs p.a. The normal salary range was between 8.65 lakhs throughout the years.
- Over 350 leading companies are scheduled to take part in ITM internships and campus selection each year.
| Name Of the Specialisation/Campus | Highest Package | Average Package |
|---|---|---|
| ITM B School, Navi Mumbai (Marketing) | 21.0 L | 8.65 L |
| ITM B School, Navi Mumbai (Finance) | 14 L | 8 L |
| ITM B School, Navi Mumbai (SCOM) | 12.4 L | 6.5 L |
| International Business | 15 L | 7.75 L |
| Retail Management and Marketing | 10.4 L | 7 L |
| Human Resource and Management | 8.5 L | 6.5 L |
| Financial Markets | 10.5 L | 6.5 L |
| DigiatalMarketing | 8.5 L | 7.2 L |
| FINTECH | 9.2 L | 7.0 L |
| ITM- SIA Business School, Mumbai | 12.4 L | 5.6 L |
ITM Navi Mumbai Fees
- 11,95,000/- Program fee
- Application Fee: 1,500/-
- The examination fee is not included in the program fee.
- Any payment made via Demand Draft should be made in favor of the “ITM Business School ” payable at Mumbai.
- For MBA, the Course fee is 11,95,000 INR, Check details of fee and payment modes at Fee Structure Section of the site.
- Student can avail education loan facility to pay fees for the Program at 10-13% interest loan.
Also Read : ITM Business School Fees Structure 2023
Banks offering Education Loans
| Bank | Interest Rate (per annum) | Tenure | Margin |
| State Bank of India | 10.55% – 10.80% | Repayment must start one year after the course is completed and must be done within 15 years from the time of completion of the course. | If the loan amount is less than Rs.4 lakh, no margin is charged. If the loan amount is above Rs.4 lakh, a 5% margin is levied for studies in India and a 15% margin is levied for studies abroad |
| ICICI Bank | Starts from 11.5% | Repayment may vary between 5 years and 10 years from the time the courses are completed. | Up to Rs.20 lakh, no margin is charged. Above Rs.20 lakh, a 15% margin is levied. |
| HDFC Bank | 9.20% to 13.64% | Repayment can range from 10 years to 15 years depending on the amount of the loan. | – |
| Axis Bank | 13.7% to 15.2% | The term can be about 10 years or 15 years, depending on the loan amount. | If the loan amount is less than Rs.4 lakh, no margin is charged. If the loan amount is above Rs.4 lakh, a 5% margin is levied for studies in India and a 15% margin is levied for studies abroad |
| Dena Bank | 8.80% to 10.35% | Maximum of 15 years. | If the loan amount is less than Rs.4 lakh, no margin is charged. If the loan amount is above Rs.4 lakh, a 5% margin is levied for studies in India and a 15% margin is levied for studies abroad |
| Union Bank of India | 8.60% to 11.75% | It can be a maximum of 15 years. | If the loan amount is more than Rs.4 lakh, the margin charged for studies in India and abroad are 5% and 15%, respectively. There is no margin for loans less than Rs.4 lakh. |
| Bank of Maharashtra | 8.75% to 9.75% | Must be repaid back by 15 years. | 5% and 15% are the margin charges for studies in India and abroad for a loan amount of more than Rs.4 lakh. For a loan amount less than Rs.4 lakh, the margin is nil. |
Expenses and courses that are covered by an education loan
- The education loan covers costs such as classes, exam fees, hostel fees, uniforms, supplies and the purchase of books.
- Educational loans are made available on vocational/technical courses, postgraduate and graduate courses in India, which will provide jobs in the future.
- However, should be at a university that has UGC, AICTE, IIT, IIM, etc. approval.
- Educative loan for postgraduate and graduate courses such as MCA, MBA, MS, etc. is given for studies abroad.
