IIM Navi Mumbai: Admission 2025, Courses, Fees, Cutoff, Placement, Ranking

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Ajay Morab Ajay Morab | Nov 6, 2024
Ajay Morab
Ajay Morab

Updated on - Nov 6, 2024

Latest Updates for ITM Navi Mumbai

  • 16 September 2024 :

    The MAT December Session Exam 2024 will be held from Dec 7-22, 2024.

  • 16 September 2024 :

    The last date to apply for the MAT Exam December session 2024 is Dec 15, 2024.

ITM Navi Mumbai was established in 1991 and is affiliated to the ITM Skills University. ITM Business School Navi Mumbai has been consistently ranked as one of India’s premier business schools. ITM Business School is positioned as “The Premier Institution for Academic Excellence” and is acclaimed with a Diamond Band - A+ Grade, as per the OBE Rankings. The institute has been ranked 22nd State-wise, 28th in the West Zone, and 68th among the Top 100 B-Schools in India by IIRF B-School Survey 2024.

ITM Business School has offered an AICTE-approved PGDM program for the last 34 years. In 2023 ITM Group established ITM Skills University, a UGC-approved University. From AY 2024 onwards, ITM's highly sought-after ITM PGDM iConnect course will be offered as an MBA degree under the ITM Skills University. This future-focused change is going to further transform the ITM MBA iConnect into a modern, technology and industry-aligned experience for the students enrolled.

Right now, ITM Navi Mumbai offers a BBA program in multiple specialisations along with the MBA course. The last date to fill out the ITM application form is March 31st, 2025. The institute has a strong alumni count of 45,000+ individuals. The institute provides 100% placement assurance and recorded the highest package offered as INR 21 LPA and the average package as INR 8.60 LPA. The ITM Business School offers scholarships to deserving candidates through the ISET Scholarship conducted by the institute in December 2024/ January 2025.

Table of Contents

ITM Navi Mumbai Highlights

Among the top business schools, ITM Business School Mumbai has a legacy of developing countless corporate leaders. ITM Navi Mumbai has been approved by NBA and AICTE and is recognised by UGC. Given below are some of the key highlights of ITM Business School Navi Mumbai. 

Particulars Highlights
Year of Establishment 1991
Type of Institute Private
Affiliation ITM Skill University
Approvals NBA, AICTE
Accreditation Association of Indian Universities (AIU), All India Survey on Higher Education (AISHE), NAD
Recognition UGC
Ranking #68 among B-School in India by IIRF Ranking 2024
Alumni Count 45000+
Courses offered BBA and MBA
Infrastructure Facilities Smart Classrooms, Labs, Library, Hostel, Canteen
Location Navi Mumbai
Official Website https://www.itm.edu/business-school/

ITM Navi Mumbai Courses and Fees

ITM Business School in Mumbai offers BBA and MBA courses in various specialisations. Students who enrolled in the BBA course have the option of quitting in the third year and obtaining a regular BBA degree or signing up for a 4th year option, specialising in Business Analytics, Digital Marketing & E-Commerce, and Finance & Banking, and obtaining a BBA Honors degree. Find out more about the program duration and selection criteria tabulated below.

More details regarding ITM Navi Mumbai courses and fees along with their eligibility and selection criteria are explained in the table below.

Course Total Fees Eligibility and Selection Criteria
BBA INR 11.95 Lakhs 

Eligibility: 10+2 with 50% marks from a recognised board

Selection Criteria: Academic Performance + CEO Challenge + Personal Interview

MBA INR 12.45 Lakhs

Eligibility: Bachelor's Degree in any field with 50% marks from a recognised university

Selection Criteria: Academic Performance + iSET/ CAT/ XAT/ NMAT/ CMAT/ MAT/ ATMA/ State CET Entrance Test Scores + Case Analysis and Personal Interview + Work Experience (if any) + Achievements (if any)

ITM Navi Mumbai Admission

ITM Business School Navi Mumbai offers admission to BBA and MBA courses in various specialisations. The admission process is the same for all specialisations. The MBA specialisations include Finance, Marketing Management, Supply Chain and Operations Management, Human Resource Management, International Business, and so on. Admission to the MBA course is based on a valid entrance exam score and for the BBA course, admissions are based on academic merit.

The general process of ITM Navi Mumbai admission 2025 is given below.

  • Register for one of the accepted entrance exams like the iSET, CAT, XAT, NMAT, CMAT, MAT, ATMA, State CET Entrance Test, etc., and appear for the exam.
  • Students who have cleared the entrance exam must apply for the desired course on ITM Navi Mumbai's official website.
  • Students who are awaiting their entrance exam results can also apply for the course. However, they have to meet the cutoff and submit the entrance exam scorecard before the deadline given.
  • Applicants are shortlisted for the selection process based on their academic merit, entrance exam score, and application details. For the BBA course, applicants are shortlisted solely based on their academic merit.
  • The selection process varies from course to course. For the MBA course, the selection is based on the Case Analysis and Personal Interview performance, work experience (if any), and extra-curricular achievements. Refer to the table above for the course-wise selection process.
  • Based on their performance in the selection process, students are selected for the course. Selected students must pay the admission fee to confirm their admission.

ITM Navi Mumbai Cutoff

ITM Business School Navi Mumbai cutoff 2024 will be released soon. The ITM Navi Mumbai cutoff depends on various factors, like the difficulty level of the examination, the total number of candidates appearing for the exam, the previous year's cutoff, the number of seats available at the institute, etc. The expected ITM Navi Mumbai cutoff 2024 of the MBA course based on CAT is 78 percentile for general category students.

Candidates seeking admission to ITM Navi Mumbai are required to qualify in any one of the accepted entrance exams and meet the cutoff criteria to secure admission. The expected ITM Business School Navi Mumbai cutoff 2024 of the MBA course based on different entrance exams is shown in the table below.

Course CAT Cutoff MAT Cutoff XAT Cutoff
International Business 78 80 95
Marketing Management 78 80 95
Operations and Supply Chain Management 78 80 95
Human Resource 78 80 95
Finance 50 80 95

ITM Navi Mumbai Ranking

ITM Business School Mumbai attained top rankings in management education by numerous national and international ranking organisations. ITM Navi Mumbai was ranked 37th among India’s Top 100 B-Schools and 12th in Maharashtra by EW India Higher Education Rankings 2024. Below is an overview of ITM Business School Navi Mumbai's rankings and achievements in 2024.

Ranking Body Rank/ Achievement in 2024 Category
IIRF B-School Survey 68 Top 100 B-Schools in India
IIRF B-School Survey 28 B-Schools in West Zone
IIRF B-School Survey 22 B-Schools in Maharashtra
Outlook 45 Management
EW India Higher Education Rankings 37 India’s Top 100 B-Schools
EW India Higher Education Rankings 12 B-Schools in Maharashtra
MBA Universe Ranking 58 Top 100 B-Schools in India
India Today 20 Top 50 Standalone Private B-Schools
India Today 37 Private B-School in India
OPEN Magazine 8 B-Schools in Mumbai
OPEN Magazine 22 B-Schools in West Zone
OPEN Magazine 38 Private B-Schools in India
OPEN Magazine 71 Overall B-Schools in India
Times Annual B School Ranking Survey 43 Top B-Schools in India
Times Annual B School Ranking Survey 30 Top Private B-Schools in India
Times Annual B School Ranking Survey 19 Top B-Schools in West Zone
Competition Success Review Excellence in Education Management
Kotak Education Foundation Institute Excellence Award Contributing the highest number of hours among all institutes partnered with KEF. ITM students contributed over 4000 hours to KEF initiatives.

ITM Navi Mumbai Placements

ITM Business School Mumbai has a placement cell that is responsible for career guidance, mock interviews, giving company training, and conducting seminars to assist the students in making the right professional choices. A five-month-long intensive industry internship program is also carried out by the placement cell. The institute provides 100% placement assistance for all eligible students.

Some of the key highlights of ITM Navi Mumbai placements 2024 are shown in the table below.

Particulars Highlights
Highest Salary Package Offered INR 21.00 LPA
Average Salary Package Offered INR 8.65 LPA
Placement Percentage 97%

ITM Navi Mumbai Placement Statistics

The ITM Mumbai highest package in 2024, INR 21.00 LPA, was offered to MBA in Marketing students. The specialisation-wise placement statistics during ITM Business School placements in 2024 are shown in the table below.

MBA Specialisation Highest Salary Package Offered Average Salary Package Offered Total Number of Students Number of Students Placed
Marketing INR 21.0 LPA INR 8.65 LPA 233 229
Finance INR 14.0 LPA INR 8.0 LPA 115 107
Business Analytics INR 12.5 LPA INR 7.5 LPA 19 19
Supply Chain and Operation Management INR 12.4 LPA INR 6.5 LPA 17 15
International Business INR 15.0 LPA INR 7.75 LPA 14 14
Retail Management and Marketing INR 10.4 LPA INR 7.0 LPA 21 21
Human Resource and Management INR 8.5 LPA INR 6.5 LPA 36 31
Financial Markets INR 10.8 LPA INR 6.5 LPA 10 10
Digital Marketing and Transformation INR 8.5 LPA INR 7.2 LPA 19 19
Fintech INR 9.2 LPA INR 7.0 LPA 9 9

ITM Navi Mumbai Top Recruiters

Over 650+ recruiters have visited the campus to recruit ITM Business School students. Some of the notable ITM Business School Navi Mumbai top recruiters are listed in the table below.

Deloitte PWC Ernst and Young Global Limited
Mirae Capital Assets HDFC Bank HDFC Ltd
HSBC Bank IDFC Bank L and T Financial Services
Amazon Yes Bank Biocon
ITC Limited Verizon IBM

ITM Navi Mumbai Campus

ITM Business School is located in Navi Mumbai. The institute is technologically advanced and wi-fi enabled green campus has a cutting-edge infrastructure and other educational facilities to provide an ideal backdrop for academic and professional growth. The institute has established multiple student clubs, like Finance Forum, Cultural Club, Social Media Club, Data Minds, ITM E-Cell, etc., to provide opportunities for personal growth, skill enhancement, and networking. The Institute also provides hostel and dining facilities to the students.

More details regarding ITM Navi Mumbai infrastructure and facilities are shown below.

ITM Navi Mumbai Facilities

Some of the additional facilities offered by the college are listed below.

  • Library
  • Specialised Labs
  • Auditorium
  • Video Conferencing Rooms
  • Air Conditioned Classrooms
  • Canteen
  • 24/7 Wifi connectivity 
  • Hostel
  • Dining
  • Medical Facilities
  • Transport Facility
  • Student Clubs
  • Sports Facilities

ITM Navi Mumbai Scholarships

ITM Business School Navi Mumbai Scholarships are granted to help students financially and assist them in evolving as geniuses in their field. ITM Business School conducts the iSET scholarship test, typically held in December/ January every year. Scholarships worth INR 2 Crores have already been awarded in the academic year 2024. The ITM Business School offers the iSET Scholarship to academically sound aspirants.

Further details regarding ITM Navi Mumbai Scholarships are listed in the table below. The scholarships given below are applicable only for the first year.

Number of Students to Whom the Scholarship is Awarded Scholarship Awarded
10 Students 100% Tuition Fee Scholarship
15 Students 50% Tuition Fee Scholarship
30 Students 25% Tuition Fee Scholarship
100 Students 10% Tuition Fee Scholarship

ITM Navi Mumbai Alumni

ITM Business School Navi Mumbai has a network of over 45,000+ alumni globally. The ITM Mumbai alumni work in some of the largest multinational companies in various top positions. The alumni have brought laurels to the Institute and ensured to upholding of the learnings and values of the Institute. Some of the notable alumni of ITM Business School Navi Mumbai are listed below.

Notable Alumni Current Position
Manas Kumar Sinha Assistant Vice President, Credit Risk Management, Yes Bank
Niranjanprasad Bhagwat Associate Vice President, Sterling
Vikas Singh Panwar AVP - Talent Acquisition (Risk), JP Morgan Chase and Co.
Noopur Parasher People Partner,
Credit Risk Management, A.P. Moller - Maersk
Pooja Minocha Vice President and CHRO, Bata
Latika Kundu MD and CEO, XMSE

ITM Navi Mumbai Collaborations

Institute for Technology and Management Business School Mumbai has various international collaborations to foster research and development for students and faculty. These collaborations aid curriculum advancement and immensely benefit students enrolling in the institute. Some of the ITM Business School Navi Mumbai collaborations are shown in the table below.

Country Partnering Institute
Manchester Southern New Hampshire University
Colorado University of Denver
Memphis, Tennessee The University of MEMPHIS
Melbourne, Australia RMIT University

ITM Navi Mumbai Faculty

ITM Business School Navi Mumbai has a list of well-educated faculty having considerable industry experience. Some of the major faculty names are listed below.

  • Dr. Laxmi Mohan, Director, ITM Business School
  • Prof. Sharad Kumar Jha, Assistant Director, Financial Markets and Fintech

Why Choose ITM Navi Mumbai?

ITM Business School is one of the respected business schools in India. It has been listed among the top business schools for 32 years. The college is located in the financial capital of India and has collaborations with various reputed universities.

ITM University Navi Mumbai has an excellent placement record and various attractive programs that ensure the overall development of students. Mentioned below are the USPs of the Institute that make a good choice to pursue higher education. 

  • ITM Business School Navi Mumbai offers an MBA with 35+ Professional certifications.
  • There are 4 global immersion programs (GIPs), UAE, Malaysia, Singapore, and Europe, to help the students gain first-hand industry experience.
  • For an MBA, there would be a 5-month paid internship and a 2-week NGO internship, each to help the students implement their theoretical knowledge into practicality.
  • With 45,000+ alumni and 650+ recruiters, ITM Business School Navi Mumbai sets new placements records, almost every year
  • With 34 years of excellence in education, there are around 150+ CEOs across the globe who have graduated from ITM Business School Navi Mumbai.
  • ITM Navi Mumbai is a nationally recognized institute with UGC, AICTE, and AIU recognitions.
  • In the past years, the Institute has been ranked among the top 10 management institutes in the country by The Outlook, India Today, IIRF, and Time Business School Rankings.
  • ITM Navi Mumbai prepares its students to be industry-ready by providing a 5-month Intensive Industry Internship to them.
  • ITM Navi Mumbai is outfitted with all the contemporary amenities consistent with the image of a top-tier institution offering curricular and extracurricular learning opportunities.
  • Institute for Technology and Management Mumbai provides training through Business Simulation and FinTech Lab.

ITM Navi Mumbai Highlights

Institution Type Private
Year of Establishment 1991
Website http://www.itm.edu/

ITM Navi Mumbai Rankings

Publisher Ranking & Year Criteria
#45 in 2024 Management
#28 in 2021 MBA
#57 in 2019 MBA

ITM Navi Mumbai Courses & Fees 2024

Course Average Fees Duration
MBA ₹12,45,000 2 Years
BBA ₹11,95,000 3 Years

ITM Navi Mumbai Courses and Fee Structure

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Exams Accepted by ITM Navi Mumbai

CAT

XAT

MAT

Exam Date: May 19, 2024

ATMA

Exam Date: Feb 18, 2024

FAQs on ITM Navi Mumbai

Q: What is the highest package of ITM Navi Mumbai?

A: The ITM Navi Mumbai highest package in 2024 was INR 21.00 LPA. This was offered to students of the MBA in Marketing program. Refer to the aticle above for more details regarding ITM Navi Mumbai placements.

Q: Is ITM Navi Mumbai good for MBA?

A: ITM Navi Mumbai is one of the premier and well-ranked management institutions in the country. The MBA course is one of the most sought after course at this institution. The institute offers New-age specialisations along with mainstream specialisations for the MBA course. Refer to the aticle above for more details regarding ITM Navi Mumbai courses.

Q: What is the full form of ITM in Navi Mumbai?

A: The full form of ITM in Navi Mumbai is Institute of Technology and Management Business School, Navi Mumbai. Refer to the aticle above for more details regarding ITM Navi Mumbai.

Q: What is the fee for MBA in ITM Mumbai?

A: The ITM Navi Mumbai MBA fees are INR 12.45 Lakhs for two years. Refer to the article above for more details.

Q: What is the cutoff for ITM Navi Mumbai?

A: The expected ITM Navi Mumbai cutoff 2024 for the MBA course, based on CAT, is 78 percentile for general category students. Refer to the article above for more details regarding the ITM Navi Mumbai cutoff.

Q: What is the fee for ITM Navi Mumbai entrance exam?

A: The fee for the ITM Navi Mumbai entrance exam is INR 1500. For more details, refer to the article above.

Q: Can I get direct admission to ITM Navi Mumbai?

A: No. Students must meet the eligibility criteria set by the institute and have a valid score in the accepted entrance exam (if any) to be eligible for ITM Navi Mumbai admission. Students must also participate in the selection process to secure their admission. Refer to the article above for more details regarding ITM Navi Mumbai admission.

Q: What is the criteria for ITM scholarship?

A: ITM Business School conducts the iSET scholarship test to grant scholarships for students. Candidates must have secured a minimum of 60% in their 10th, 12th, and undergraduate studies to be eligible for the scholarship. Refer to the article above for more details regarding ITM Navi Mumbai scholarships.

Q: What is ITM Navi Mumbai famous for?

A: ITM Navi Mumbai is famous for its management courses. The institute offers BBA and MBA courses in various specialisations. Refer to the article above for more details regarding ITM Navi Mumbai.

Q: Does ITM Navi Mumbai offer international placements?

A: Yes. ITM Navi Mumbai has tie-ups with various international companies, offering students opportunities to secure placements overseas. Refer to the article above for more details regarding ITM Navi Mumbai placements.

ITM Navi Mumbai Reviews

Overall Rating

3.8

Verified

Distribution of Rating

>4-5 star

9

>3-4 star

4

>2-3 star

4

1-2 star

1

Placements & Internships

3.8

Fees & Scholarships

3.6

Academics & Faculty

4.1

College Infrastructure & Hostel Facilities

3.9

Clubs & Associations

4

Verified
Yasharya8289 Batch 2023 PGDM [Post Graduate Diploma in Management]
3
Reviewed on Sep 15, 2022
3 Placements

Placements & Internships : We have internship programs. The average placement package is 6 lpa and the highest is 22 lpa. In my batch approximately 95% of the students were placed. We have a huge alumni network.

Entrance Exams & Admissions : You must have 50% in your grad

Read More

Verified
Shravya Sunil14 Batch 2022 PGDM [Post Graduate Diploma in Management]
3.9
Reviewed on Dec 04, 2021
4 Placements
3 Fees
4 Academics
4.5 Infrastructure
4 Campus

Placements & Internships : I'm currently doing my internship with UBS Business Solutions Pvt Ltd. The stipend given to me is Rs 25000. Other companies like Deloitte, Aditya Birla, HDFC, etc come for campus placements. The average salary given by the companies is aro

Read More

Verified
Ravishranjan97 Batch 2022 PGDM [Post Graduate Diploma in Management]
5
Reviewed on Dec 04, 2021
5 Placements
5 Academics
5 Infrastructure
5 Campus

Placements & Internships : Compared to the 2019-21 batch, the 2020-22 batch faced a delay in placement, but almost all students were placed. Some of the recruiters are Deloitte, L&T, HDFC Bank, ICICI Bank, Axis Bank, TCS, etc. Different roles offered are taxa

Read More

Verified
Tripathishanay Batch 2009 MBA [Master of Business Administration]
4.5
Reviewed on Jun 12, 2020
4.5 Academics

Academics & Faculty : A friend suggested ITM University Vadodara for vocational training when I told him I wanted to do industrial chemistry. The experts in the field of Industrial

Read More

Verified
Keertipathak78 Batch 2018 Others
4.5
Reviewed on Jun 06, 2020
4.5 Placements

Placements & Internships : The training helped me understand importance of time management, team management, communication skills and several other important skills apart from the subjects. This helped me get placed as soon as I completed the course.

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