New Updates About ITM Business School, Mumbai, Maharashtra
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07 January, 2025 : Check Your Expected XAT Percentile Here. XAT 2025 Score vs Percentile.
Table of Content
ITM Business School, Mumbai, Maharashtra Highlights
ITM Business School Overview:
ITM Business School was founded in the year 1991 in Kharghar, which is known as the educational hub of Navi Mumbai - a destination for many reputed colleges and universities. It is the first fully functional and autonomous ITM campus founded in Kharghar that delivers business management education. The institute is recognised by All India Council for Technical Education (AICTE) and is accredited by NAAC, NBA, AIU. ITM Business School offers PGDM courses through entrance exams like CAT/ XAT/ MAT/ CMAT/ GMAT/ ATMA/ NMAT. The campus is located close to the Sion-Panvel Expressway and the railway station for easy accessibility by students.
ITM Business School Highlights:
| Particular | Detail |
| Type | Establishment Year | Private | 1991 |
| Accredited by | NAAC, NBA, AIU |
| Recognized By | AICTE |
| Admission mode | Online |
| Admission Criteria | Entrance-based |
| Accepted Exams | CAT/ XAT/ MAT/ CMAT/ GMAT/ ATMA/ NMAT |
| Courses Offered | PGDM |
| Facilities | Medical facilities, library, cafeteria, sports, computer lab etc. |
| Website | https://www.itm.edu/ |
ITM Business School Course:
| Courses | Specialization | Eligibility |
| PGDM |
| Accepted exams CAT/ XAT/ MAT/ CMAT/ GMAT/ ATMA/ NMAT |
ITM Business School, Mumbai, Maharashtra Popular Courses
Average Fees
₹11,95,000
Highest Package
₹21 LPA
Admission 2025
View BrochureAverage Fees
₹11,90,000
Highest Package
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Admission 2025
View BrochureITM Business School, Mumbai, Maharashtra Admission 2024
ITM Business School Admission:
ITM Business School offers PGDM courses to its students and the eligibility criteria are as follows
- An aggregate score of 50% marks at 10+2+3 level in any discipline from any AIU recognized university.
- A valid scote in the national-level entrances to be eligible such as CAT/ GMAT/ CMAT/ XAT/ MAT.
ITM Business School,How to Apply?
- Candidates must visit the official website of ITM Business School, Navi Mumbai
- Click on the “Apply Now” tab available on the home page.
- All the basic details must be filled carefully along with the documents attached.
- Pay the application fee which is INR 1,500 through Net Banking, Credit Card, or Debit Card.
- Lastly, it is mandtory to submit the filled application form online.
ITM Business School,Documents Required at Time of Admission
- Class 10th Marksheet and Certificate
- Class 12th Marksheet and Certificate
- Graduation Marksheets and Degree Certificate.
- Relevant Photocopies of Experience Letter / Payslips / Offer Letter (if the candidate has work experience)
- Scorecard of CAT/XAT/MAT/CMAT/ATMA/GMAT/MAH-CET exams
- Proof of Online Payment.
ITM Business School, Mumbai, Maharashtra Cutoff
ITM Business School offers a range of MBA programs and accepts scores from various entrance exams. The cutoffs for 2024 have been detailed for CAT, MAT, and XAT exams, showcasing the minimum scores required for admission into different specializations.
1. CAT Cutoff 2023
For the General Category, the overall CAT cutoff ranges from 50 to 78 percentile across different MBA programs. Here’s a breakdown of the cutoffs for various courses:
| Course | Round 1 Cutoff (CAT) |
| MBA International Business | 78 |
| MBA Marketing Management | 78 |
| MBA Operations & Supply Chain Management | 78 |
| MBA Human Resource | 78 |
| MBA Finance | 50 |
2. MAT Cutoff 2023
For MAT, the overall cutoff for all MBA specializations is set at 80 percentile:
| Course | Round 1 Cutoff (MAT) |
| MBA Finance | 80 |
| MBA International Business | 80 |
| MBA Marketing Management | 80 |
| MBA Operations & Supply Chain Management | 80 |
| MBA Human Resource | 80 |
3. XAT Cutoff 2023
The XAT cutoff for the General Category is comparatively higher, with a required percentile of 95 for all MBA programs:
| Course | Round 1 Cutoff (XAT) |
| MBA Finance | 95 |
| MBA International Business | 95 |
| MBA Marketing Management | 95 |
| MBA Operations & Supply Chain Management | 95 |
| MBA Human Resource | 95 |
ITM Business School, Mumbai, Maharashtra Placements
ITM Business School, located in Navi Mumbai, has consistently achieved strong placement records over the years. The most recent placement drives for 2022 and 2023 showcased the school’s commitment to securing opportunities for its graduates.
Placements 2022 Highlights
The placement drive for the 2022 PGDM batch saw 100% placements, with over 350 recruiters participating. The highest salary package offered was INR 22 LPA, while the average salary stood at INR 8.65 LPA.
Key Statistics for 2022:
| Particulars | Placements Statistics (2022) |
| Number of recruiters | 350+ |
| Placement percentage | 100% |
| Highest salary | INR 22 LPA |
| Average salary | INR 8.65 LPA |
| Top recruiters | TNS, Amazon, Shoppers Stop, Kotak Mahindra Bank, LG, JP Morgan |
Specialization-wise Placements 2022
| Specialization | Highest Package | Average Package |
| Marketing | INR 21 LPA | INR 8.65 LPA |
| Finance | INR 14 LPA | INR 8 LPA |
| Business Analytics | INR 12.5 LPA | INR 7.5 LPA |
| Supply Chain & Operation Management | INR 12.4 LPA | INR 6.5 LPA |
| International Business | INR 15 LPA | INR 7.75 LPA |
| Retail Management & Marketing | INR 10.4 LPA | INR 7 LPA |
| Human Resource & Management | INR 8.5 LPA | INR 6.5 LPA |
| Financial Markets | INR 10.8 LPA | INR 6.5 LPA |
| Digital Marketing & Transformation | INR 8.5 LPA | INR 7.2 LPA |
| Fintech | INR 9.2 LPA | INR 7 LPA |
Placements 2023 Highlights
For the 2023 MBA batch, ITM Business School achieved a placement rate of 98%, with over 500 recruiters participating. The highest package remained competitive at INR 21 LPA, with an average package of INR 8.65 LPA.
Key Statistics for 2023:
| Particulars | Placements Statistics (2023) |
| Number of recruiters | 500+ |
| Placement percentage | 98% |
| Highest salary | INR 21 LPA |
| Average salary | INR 8.65 LPA |
| Total PPOs | 21% |
| Batch strength | 550+ |
Average Package by Specialization 2023
| Specialization | Average Package (2023) |
| Marketing | INR 10.20 LPA |
| Finance | INR 9.80 LPA |
| Business Analytics | INR 9.25 LPA |
| International Business | INR 8.20 LPA |
| Supply Chain & Operation Management | INR 8.65 LPA |
| Digital Marketing & Transformation | INR 9 LPA |
| Retail Management & Marketing | INR 7.80 LPA |
| Financial Markets | INR 7.45 LPA |
| Fintech | INR 8.35 LPA |
| Human Resource & Management | INR 7.65 LPA |
Top Recruiters in 2023
ITM Business School welcomed various prominent recruiters during the 2023 placements, including:
- Amazon
- Deloitte
- Accenture
- Infosys
- HCL
- ICICI Bank
- Reliance Digital
- Flipkart
Top Recruiters
View All Recruiters Details
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ITM Business School, Mumbai, Maharashtra MBA / PGDM Rankings
| Publisher | Year | Ranking |
|---|---|---|
| times_b | 2024 | 43 / 100 |
ITM Business School, Mumbai, Maharashtra Scholarships
ITM Business School Kharghar, Navi Mumbai, offers a variety of scholarships aimed at supporting students financially throughout their MBA journey. With more than 500 students benefiting from ITM scholarships over the past eight years, these awards have significantly alleviated educational expenses. The scholarship portfolio is available to students across various ITM campuses, including Chennai, Warangal, Vadodara, and Raipur.
Scholarship Types and Awards
The ITM Scholarships are funded by the ITM Trust and are open to all successful MBA aspirants who demonstrate academic and professional merit. Here’s a breakdown of the scholarship categories available:
| Scholarship Type | Number of Awards | Tuition Fee Coverage |
| 100% Scholarship | 10 | Full tuition fee |
| 50% Scholarship | 15 | Half tuition fee |
| 25% Scholarship | 35 | Quarter tuition fee |
| 10% Scholarship | 90 | Ten percent of tuition fee |
The total amount available for free scholarships exceeds INR 1 Crore, contingent upon students meeting the eligibility criteria.
Eligibility Criteria
To qualify for ITM Scholarships, applicants must meet the following criteria:
- Academic Requirement: A minimum of 50% in graduation.
- Entrance Test: Must take one of the following tests: CAT, MAT, XAT, CMAT, ATMA, NMAT by GMAC, or GMAT.
- Citizenship: Applicants must be Indian citizens.
The scholarship examination is conducted alongside the admissions round, and the results will determine eligibility. The process involves a scholarship test that can be either online or offline, and the scores from this test will solely influence scholarship awards.
Admission Process for MBA i-Connect 2024-26 Batch
The admission process for the MBA i-Connect program includes:
- Academic Scores: Candidates must achieve 50% or above in X, XII, and graduation.
- Entrance Exams: Applicants must have a valid score from one of the designated entrance exams.
- Selection Process: The process consists of a scholarship test, micro presentation, written assessment, and a personal interview.
Scores from the micro presentation and personal interview do not affect the scholarship distribution, ensuring a fair assessment based solely on the scholarship test results.
Additional Scholarship Opportunity: iSET Scholarship
In addition to the ITM Scholarships, ITM Business School Navi Mumbai also offers the iSET Scholarship, providing further financial assistance to MBA applicants. The criteria for the iSET Scholarship include:
- Completion of the ITM Scholarship Entrance Test and CAPI (Case Analysis & Personal Interview).
- An overall score of 60% or above in the first two years of graduation, or in all stages of education (10th, 12th, and graduation).
ITM Business School, Mumbai, Maharashtra Infrastructure Details
Nestled in the heart of Navi Mumbai, ITM Business School Kharghar boasts state-of-the-art infrastructure designed to enhance the educational experience of its students. With a focus on creating a conducive learning environment, the campus is equipped with modern facilities that support both academic and extracurricular activities.
1. Campus Facilities
Spacious Classrooms: The classrooms at ITM Kharghar are designed to facilitate interactive learning. Equipped with audio-visual aids and comfortable seating, these spaces encourage student participation and engagement during lectures.
Smart Lecture Halls: The institution features smart lecture halls that incorporate advanced technology to enhance teaching methods. This includes multimedia projectors, video conferencing tools, and collaborative workspaces for group discussions.
2. Library Resources
Comprehensive Library: The ITM Business School library is a treasure trove of knowledge, housing an extensive collection of books, journals, and digital resources. It provides students with access to a wide range of academic materials, research papers, and e-books, supporting their studies and research projects.
Study Areas: Quiet study areas within the library allow students to focus on their work, while group study rooms facilitate collaborative learning and teamwork.
3. IT and Technical Support
Computer Labs: Well-equipped computer labs provide students with the latest software and technology needed for various courses. These labs are accessible for project work, research, and practice sessions.
Wi-Fi Connectivity: The campus offers high-speed Wi-Fi, ensuring students and faculty can stay connected and access online resources seamlessly.
4. Recreational and Sports Facilities
Sports Complex: ITM Kharghar promotes a healthy lifestyle by offering sports facilities, including a gymnasium and outdoor sports areas. Students can engage in various sports activities, fostering teamwork and physical fitness.
Common Areas: The campus features common areas for students to relax and socialize, encouraging a sense of community among peers.
5. Hostel and Accommodation
Comfortable Accommodation: ITM Business School provides well-furnished hostels with all necessary amenities, ensuring a comfortable living environment for students. The hostel facilities are designed to promote a balanced lifestyle, with areas for study and recreation.
Dining Facilities: The campus includes a cafeteria that offers a variety of healthy meal options, catering to the diverse tastes and dietary preferences of students.
Boys Hostel
Girls Hostel
Medical Facility
Library Facility
Cafeteria
Computer Lab
Gymnasium
Sports Facilities
Auditorium
Wi-Fi Facility
Transport Facility
ITM Business School, Mumbai, Maharashtra Awards
ITM Business School was ranked 37th among India's top 100 B-schools and 12th in Maharashtra
ITM Business School received an A+ Diamond Band grade
ITM Business School was ranked 8th in Mumbai, 22nd in the West Zone, and 38th among private B-schools in India
The institute has ranked 5th in Maharashtra by All India Times B School Ranking Survey 2017
2014 Eduniversal Ranking of the best business schools has ranked ITM Group - ITM Business School with 2 Palmes of Excellence - Good business school with strong regional influence
ITM Business School, Mumbai, Maharashtra Faculty Details
Located in Navi Mumbai, ITM Business School Kharghar is renowned for its commitment to excellence in management education. The faculty at ITM plays a pivotal role in shaping the academic experience, offering students invaluable insights and guidance in various business disciplines.
Faculty Expertise and Background
ITM Business School prides itself on a diverse and experienced faculty team, comprised of professionals with extensive academic and industry backgrounds. The faculty members are dedicated to fostering a rich learning environment through innovative teaching methods and real-world applications.
1. Professors and Associate Professors
The senior faculty members at ITM include professors and associate professors who possess advanced degrees from prestigious institutions. They bring years of experience in academia and industry, enriching the curriculum with their expertise in specialized areas such as:
- Marketing
- Finance
- Human Resource Management
- Operations and Supply Chain Management
- Business Analytics
These faculty members are committed to mentoring students, guiding them through complex concepts, and encouraging critical thinking and creativity.
2. Visiting Faculty and Industry Experts
In addition to the core faculty, ITM Business School regularly invites visiting faculty and industry experts to share their knowledge and experiences. This interaction provides students with unique perspectives on current industry trends and challenges.
Guest lectures, workshops, and seminars conducted by these professionals enhance the learning experience, allowing students to connect theoretical knowledge with practical applications.
3. Research and Publications
The faculty at ITM is actively engaged in research and publication in various academic journals. Their research contributions cover a wide range of topics, reflecting their commitment to advancing knowledge in their respective fields. This focus on research ensures that the faculty remains updated on the latest developments and innovations in management.
Key Highlights:
- Faculty members are often involved in consulting projects, bringing real-world challenges into the classroom.
- Many faculty members are recognized speakers at national and international conferences, showcasing their expertise.
| Faculty Name | Faculty Photo |
|---|---|
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Joginder Kumar Nanda Position : PROFESSOR Speciality : N/A Education : MBA |
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Sanjay Sinha Position : PROFESSOR Speciality : N/A Education : MBA |
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Sarit Prava Das Position : ASSOCIATE DEAN Speciality : N/A Education : Ph.D. |
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Vijayanta Ramesh Pawase Position : ASSISTANT PROFESSOR Speciality : N/A Education : MBA |
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Prof. Aarti Pardeshi Position : Assistant Professor Speciality : Business Analytics Education : M.Phil(Comp. Sci.), UGC-NET, MSc (Comp. Sci.) |
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Dr. Arpita Pandey Position : Associate Professor & Head of Department Speciality : Retail and Ecommerce Management, Entrepreneurship Education : PhD, MBA, Major -Marketing Minor - Finance PGDM - Export Management, PGC - Retail Management |
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Prof. Gayatri Kaple Position : Head Of the Department - Operations & SCM Speciality : Operations & Supply Chain Management Education : MBA ( Operations & Supply Chain, M.Tech, B.Tech |
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Prof. Krupesh Thakkar Position : Assistant Professor and HOD Speciality : FinTech and Financial Services Education : CFA (CFAI, US), MMS (Finance), PGD in Foreign Trade, DBF |
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Prof. Nandkishor Samant Position : Associate Professor Speciality : Marketing Management Education : B. Tech (ECE), PGDM - Finance, Diploma in Cyber Law |
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Dr. Nutan Karnik Position : Assistant Professor Speciality : HR Education : Bsc(Chemistry), PGDM, MPM, PHD |
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Student's Rating for ITM Business School, Mumbai, Maharashtra
Student's Reviews for ITM Business School, Mumbai, Maharashtra
Anonymous User
MBA Student
Placement: I was able to crack my very first job interview, thanks to the superior training at my college.
Faculty: The faculty here is very kind and Helpful.
Admission: I studied the human resource management course at ITM University. The teachers also helped me understand the importance of time management, communication skills and team management. I was able to crack my very first job interview, thanks to the superior t
Club: I studied the human resource management course at ITM University. The teachers also helped me understand the importance of time management, communication skills and team management. I was able to crack my very first job interview, thanks to the superior t
Anonymous User
MBA Student
Placement: A friend recommended ITM University for my PGDM in Finance. I had heard much about the great college infrastructure and staff.
Faculty: The college has the best line of professors always keen on training students. I would rate the college 4 out of 5 for its excellent training in business subjects.
Admission: A friend recommended ITM University for my PGDM in Finance. I had heard much about the great college infrastructure and staff.
Club: I would rate the college 4 out of 5 for its excellent training in business subjects.
Anonymous User
MBA Student
Placement: Well about internship/ placement I would say that ITM is the only college that provides 2 internships i.e. 1. NGO internship for 2 weeks & 2. the only college which provides a 5-month internship incorporates both at startup basis and reputed company basis
Admission: State / National Entrance Exams
Club: We have different cells and clubs according to student interests like ECell, Social Media Club, Research Cell, Placement Cell, Eco Club, Club Evolve and a lot.
Anonymous User
MBA Student
Placement: A friend recommended ITM University for my PGDM in Finance. I had heard much about the great college infrastructure and staff.
Faculty: The college has the best line of professors always keen on training students. I would rate the college 4 out of 5 for its excellent training in business subjects.
Admission: A friend recommended ITM University for my PGDM in Finance. I had heard much about the great college infrastructure and staff.
Club: I would rate the college 4 out of 5 for its excellent training in business subjects.
Anonymous User
MBA Student
Placement: A friend recommended ITM University for my PGDM in Finance. I had heard much about the great college infrastructure and staff.
Faculty: The college has the best line of professors always keen on training students. I would rate the college 4 out of 5 for its excellent training in business subjects.
Admission: A friend recommended ITM University for my PGDM in Finance. I had heard much about the great college infrastructure and staff.
Club: I would rate the college 4 out of 5 for its excellent training in business subjects.
Anonymous User
MBA Student
Placement: Almost everyone placed from here.
Faculty: Prof. Yogita Negi for her great teaching skills and high knowledge of the technical world.
ITM Business School, Mumbai, Maharashtra Alumni Details
The alumni network of ITM Business School in Kharghar, Navi Mumbai, is a vibrant community of successful professionals who have made significant strides in various industries. With a strong focus on networking and collaboration, the alumni association plays a vital role in connecting graduates with current students, facilitating mentorship opportunities, and promoting career growth.
Notable Alumni Achievements
Graduates from ITM Business School have secured prominent positions in top companies across diverse sectors. Here are some of the notable achievements:
- Leadership Roles: Many alumni hold key leadership positions in renowned organizations, showcasing their expertise in management and strategic planning.
- Entrepreneurial Success: Several alumni have ventured into entrepreneurship, launching successful startups and contributing to innovation in their respective fields.
- Industry Recognition: Alumni have received awards and accolades for their contributions to business and community service, reflecting the strong values instilled during their education.
Networking Opportunities
ITM Business School encourages continuous engagement with its alumni through various initiatives, including:
- Alumni Meetups: Regular alumni gatherings allow graduates to reconnect, share experiences, and expand their professional networks.
- Workshops and Seminars: Alumni are invited to participate as guest speakers, sharing their insights and expertise with current students.
- Online Platforms: Dedicated online forums and social media groups facilitate ongoing communication among alumni, helping them stay updated on industry trends and job opportunities.
Support for Current Students
The alumni network actively supports current students by:
- Mentorship Programs: Alumni volunteer to mentor students, providing guidance on career paths and industry insights.
- Internship and Job Referrals: Alumni often refer students to job openings in their organizations, enhancing placement opportunities for new graduates.
- Scholarship Initiatives: Some alumni contribute to scholarship funds, helping to make education more accessible for future students.
| Alumni Name | Alumni Photo |
|---|---|
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Naresh Sharma Head Retail & General Manager at Landmark Group Saudi Arabia Batch: 1991 â€" 1993 |
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Shajai Jacob Senior Vice President & Deputy Chief Marketing Officer at YES BANK Batch: 1999-01 |
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Udit Khemka Head of Finance and Control Manager at Nokia Siemens Networks Batch: 1998 -2000 |
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Sanjukta Dutta Manager HR - East with Deloitte Touche Tohmatsu India Pvt. Ltd. Batch: 1999-01 |
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Frequently Asked Questions
ITM Bsuniess School Raking?
According to the GHRDC-CSR Business School study, it is ranked 15th among the best business schools.
What undergraduate programs does ITM Business School Kharghar offer?
ITM Business School Kharghar offers a Bachelor of Business Administration (BBA) program at the undergraduate level. To be eligible, candidates need a minimum of 55% aggregate in their 10th and 12th exams from a recognized board.
What is the fee structure for the MBA programs at ITM Business School Kharghar?
The fee for all MBA specializations at ITM Business School Kharghar is INR 11,95,000.
Which entrance exams are accepted for admission into the MBA programs at ITM Business School?
ITM Business School Kharghar accepts scores from a variety of national entrance exams, including CAT, XAT, MAT, CMAT, ATMA, GMAT, and NMAT.
What specializations are offered in the MBA programs at ITM Business School Kharghar?
The MBA programs at ITM Business School offer various specializations, including Finance, Marketing Management, Human Resources, International Business, Operations & Supply Chain Management, Financial Services, Retail Management, Digital Marketing & Socia
Who are the top recruiters visiting ITM Navi Mumbai for placement drive?
The list of top recruiters is given below. IBM ACCENTURE YES BANK ITC SAMSUNG CIPLA BIOCON
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Campus lawns
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Contact Details
Plot 25 & 26, Institutional Area, Sector 4, Kharghar (E), Navi Mumbai
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