ITM Business School Navi Mumbai: Courses, Fees, Admission 2024, Placements, Cutoffs

    Admissions open 2024 - 26

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    What’s New at ITM Business School?

    If you’re preparing for an MBA or related postgraduate programs, it’s essential to stay updated on the important registration deadlines and exam dates for key entrance exams. Here’s a detailed overview of upcoming tests like MAT, NMAT, XAT, and more.

    MAT 2024 December Session: Registration and Exam Dates

    The MAT 2024 December session is open for registration. Here’s what you need to know:

    • CBT (Computer-Based Test) Phase 1 registration closes on November 30, 2024.
    • For PBT (Paper-Based Test) and CBT Phase 2, the registration deadlines are December 7 and December 15, 2024, respectively.

    The exam dates are as follows:

    • CBT Phase 1: December 7, 2024
    • PBT: December 14, 2024
    • CBT Phase 2: December 22, 2024

    For students aiming to join ITM Business School or other top B-Schools, here are the latest updates:

    • NMAT 2024: The last date to register is October 10, 2024. The exam will be held from November 5 to December 20, 2024.
    • XAT 2025: Registration for XAT is now open, with the deadline set for November 30, 2024. This year, XAT has added 34 new exam cities, and candidates can update their preferences between September 28 and September 29, 2024. The exam is scheduled for January 5, 2025.

    Table of Contents

    ITM Business School Navi Mumbai Key Highlights 2024

    ITM Business School in Navi Mumbai is a prominent member of the ITM Group of Institutions, established in 1991. Situated in the thriving area of Kharghar, this private college has earned its place among the top business schools in India. In 2023, Business Today ranked ITM Kharghar eighth among the best B-schools in Mumbai, while The Times placed it 45th for MBA programs and Business Today ranked it 60th overall.

    ITM Business School offers a comprehensive range of MBA programs approved by the Association of Indian Universities (AIU) and the University Grants Commission (UGC) through ITM Skills University. The curriculum is designed to equip students with the necessary skills and knowledge to excel in today’s dynamic business environment.

    Establishment1991 / Private
    RecognizeALL INDIA COUNCIL for
     Technical Education
    (AICTE)
    Accredited ByNAAC
    Entrance ExamNational:CAT/XAT/MAT
    /GMAT/ATMA

    STATE:      MAHCET
    Course Offered MBA
    No Of Course6 Courses across 2 stream
    Application Mode/FeesOnline | 1500 Rs
    Top RecruiterAsian 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 FeesINR 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 Navi Mumbai has opened the admission portal for the MBA program 2024-26, with a deadline of March 31, 2024 (Tentative).ITM Navi Mumbai is part of the IT Group of Institutions. The institute provides management courses such as  MBA in a variety of specializations.  ITM Business School course admissions 2024 are entirely based on entrance exams. The institute takes national and state-level entrance exam scores to select students for admission. ITM Navi Mumbai provides MBA iConnect in ten PG specialisations.

     
     

    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.

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    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/CampusHighest PackageAverage Package
    ITM B School, Navi Mumbai (Marketing)21.0 L8.65 L
    ITM B School, Navi Mumbai (Finance)14 L8 L
    ITM B School, Navi Mumbai (SCOM)12.4 L6.5 L
    International Business15 L7.75 L
    Retail  Management and Marketing10.4 L7 L
    Human Resource and Management8.5 L6.5 L
    Financial Markets10.5 L6.5 L

    DigiatalMarketing

    8.5 L7.2 L
    FINTECH9.2 L7.0 L
    ITM- SIA Business School, Mumbai12.4 L5.6 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

    BankInterest Rate (per annum)TenureMargin
    State Bank of India10.55% – 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 BankStarts 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 Bank9.20% to 13.64%Repayment can range from 10 years to 15 years depending on the amount of the loan.
    Axis Bank13.7% 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 Bank8.80% 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 India8.60% 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 Maharashtra8.75% 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.