ITM Business School Navi Mumbai MBA Admission 2026-28: Fees ₹13.45L, iSET Scholarships & 100% Placement

ITM Business School Navi Mumbai Overview: Campus, Rankings & Global Accreditations

ITM (Institute of Technology and Management) Business School has been offering management education at its Kharghar Navi Mumbai campus since 1991 — the flagship MBA campus of the ITM Group of Institutions, a 34-year-young education trust with 20,000+ current students, a 2 lakh+ global alumni network and 15 modern campuses across India. From 2024 onwards, the MBA degree is awarded by ITM Skills University, Navi Mumbai — a UGC-recognised Private Skills University established under the ITM Skills University, Navi Mumbai Act, 2022 (Maharashtra Act No. 10 of 2023). The MBA iConnect framework now spans 10 specialisations including the newly launched MBA Applied AI track.

Navi Mumbai’s commercial geography — Belapur CBD, Vashi trading hubs, Airoli IT park, Taloja MIDC, the Jawaharlal Nehru Port Trust (JNPT), and the under-construction Navi Mumbai International Airport — gives ITM students direct exposure to Mumbai-grade recruiters at materially lower cost-of-living than central Mumbai. The campus is approximately 3 km from Kharghar railway station (Harbour Line) with direct connectivity to CST Mumbai, Sion-Panvel Expressway access to BKC / Lower Parel BFSI corridor, and the Pune-Mumbai Expressway opening up the Hinjewadi-Magarpatta IT belt within 3 hours. Leadership: Mr. Nitin Putcha (CEO & Trustee, ITM Group) and Dr. Lakshmi Mohan (Pro Vice Chancellor, ITM Skills University).

Three names, one campus: The ITM Group of Institutions is the parent trust. ITM Business School (this campus, since 1991) runs the academics. ITM Skills University (since 2023, under Maharashtra Act 10/2023) is the degree-awarding body that now grants the MBA certificate. All three sit under the same ITM Trust.

ITM Navi Mumbai MBA Fee Structure 2026-28 (Official)

The official ITM Business School fee schedule for AY 2026-28 (published by the Admissions Office) is below. Both fees include educational resources, uniforms, co-curricular activities and medical insurance; the MBA Applied AI variant additionally includes a MacBook on Day 1.

MBA iConnect (General Specialisations) — AY 2026-28

📌 In one line: fee structure — confirm the current-year official circular before payment.

MBA Applied AI Variant (New, 2026 batch)

📌 In one line: fee structure — confirm the current-year official circular before payment.

Full Applied AI deep-dive on the dedicated MBA Applied AI page →

Add-Ons

📌 In one line: fee structure — confirm the current-year official circular before payment.

Payment timeline: Part 1 (SRF) immediately on Provisional Offer Letter · Part 2 within 30 days of Confirmed Offer · Year 2 due on or before 15 March 2027. Late fee ₹5,000 after due date. DD/Cheque payable to “Institute for Technology and Management Trust”.

iSET Scholarship Test — The ₹2 Crore Pool

ITM’s in-house scholarship instrument is the iSET test. Over 2,000 candidates write it each year; the total pool sits at approximately ₹2 Crore across 155 awards. Eligibility for scholarship consideration requires 60% aggregate in 10th, 12th and graduation.

📌 In one line: scholarship slabs — verify eligibility & continuation terms in the official policy.

Awarded waivers apply to Year 1 only. Statistically about 1 in 13 iSET applicants takes home some category of scholarship — the most material lever in the ROI calculation.

Placements 2026 (Latest Verified Batch): ₹21 LPA Highest, ₹8.65 LPA Average, 100% Record

📌 In one line: placement figures per institute disclosures — year-labeled; verify current data.

Source: ITM Business School official Placement Brochure 2026-28 + verified independent third-party education portals. The recruiter list rotates each cycle.

Admission Process 2026-28: iSET, CAT & National Entrances Accepted

ITM Business School accepts iSET (its own scholarship-linked entrance) plus eight national-level scores: CAT, XAT, NMAT, CMAT, MAT, ATMA, CUET and the various State CETs (including MAH-MBA-CET for Maharashtra residents). The selection round assesses academic record, entrance score, personal interview, optional case exercise, work experience and extra-curriculars holistically — no single factor guarantees an offer.

• Eligibility: Bachelor’s degree from any UGC-recognised University with at least 50% in the qualifying examination (40% for reserved categories). Final-year students are eligible to apply.
• Scholarship eligibility: 60% aggregate in 10th, 12th and graduation (students in their first/second year of UG with overall 60% also eligible).
• Entrance exams accepted: iSET (in-house), CAT, XAT, NMAT, CMAT, MAT, ATMA, CUET, State CETs (incl. MAH-MBA-CET).
• Application: Online at mbaadmissions.itm.edu/mba · one-time fee ₹1,500.
• Selection: Personal Interview (mandatory) + optional Case Exercise. Outstation applicants may opt for online selection round.
• Direct contact: Mrs. Aashna Dalvi · +91 77386 94008 · aashnad@itm.edu · Shared inbox applicant.support@itm.edu.

All 10 MBA Specialisations at ITM Business School Navi Mumbai

ITM Business School offers ten established MBA specialisations under the iConnect framework, plus the new MBA Applied AI as an eleventh AI-focused track.

Rankings & Recognitions (Brochure-Verified)

ITM Business School’s MBA iConnect Brochure 2026-28 lists the published rankings from independent national and regional ranking bodies. Together they describe a credible, consistently top-25 Mumbai B-School positioning.

📌 In one line: official closing data — year/category labeled; verify the current round on the official portal.

The 2-Year MBA iConnect Programme Structure (June 2026 – May 2028)

The MBA iConnect framework runs across 4 academic semesters + 1 industry-internship block, with the official tagline “Where You Learn Through Experience.” The deliberate sequencing puts a 5-month full-time paid internship between the core and specialisation halves of the programme.

The 300+ Hours of Soft-Skills Training

Layered across all four semesters are 13 dedicated soft-skills courses totalling 300+ hours — 4 in Semester 1 + 4 in Semester 2 + 4 (intense placement-prep block) in Semester 3 + 1 finishing module in Semester 4. The placement-prep block in Semester 3 is the most intensive: it covers communication, GD-PI handling, business writing, executive presence, negotiation, and consulting-style structured problem-solving — all coached by industry-veteran trainers from the 400+ recruiter network.

Capstones — A Three-Phase Spine

Most Indian MBAs use one capstone. ITM’s iConnect spine uses three sequential capstones: Phase 1 as a structured industry problem in Semester 1, the 5-Month Industry Internship as the central capstone in mid-programme, and the Final Integrated Capstone in Semester 4 that aggregates all shipped output into a recruiter-facing portfolio.

What Each Global Immersion Includes (UAE / Singapore / Europe)

ITM operates three distinct Global Immersion destinations. Eligibility is specialisation-linked, not free-choice — here is the official mapping verified from the MBA iConnect Brochure 2026-28.

UAE GIP — ₹88,000 (Optional, 4 Days)

Eligibility: Optional add-on for all specialisations except MBA International Business and MBA Human Resource Management. Hosted by: University of Dubai + Skyline University, Sharjah. Industry visits: Nasdaq Dubai, Apple Inc. (Dubai), Hotpack, Ajmal Perfumes. Excursion: Palm Jumeirah and a Dubai City Immersion Tour covering the city’s futuristic skyline and cultural landmarks. Sessions run in finance, brand strategy, retail and innovation.

Singapore GIP — HR Cohort Only (7 Days)

Eligibility: Mandatory module exclusively for MBA Human Resource Management students. Hosted by: James Cook University, Singapore. Sessions: Global HR Practices, Diversity Equity & Inclusion (DEI) and Social Psychology. Excursions: the Aquaculture Lab (sustainable fish-farming research), Universal Studios Singapore and the Sky Park at Sentosa. This is the academic spine of the MBA-HR specialisation — not an optional add-on.

Europe GIP — IB Cohort Only (8–10 Weeks, ₹3,50,000)

Eligibility: Mandatory full-immersion module exclusively for MBA International Business students. Hosted by: ESSCA School of Management, Budapest (founded 1909) + IESEG School of Management, Lille (triple-accredited EQUIS, AACSB, AMBA). Industry visits: Hada Supermarkets (Hungary’s largest retail chain), Decathlon France, Flex Budapest, Resilience. Excursions: Budapest (Buda Castle, Fisherman’s Bastion, St. Stephen’s Basilica, Parliament, Danube River cruise, Szentendre) followed by Lille and Paris (Grand Place, Old Stock Exchange, Citadel of Lille, Eiffel Tower, Notre-Dame, Louvre). The 8-10 week duration genuinely puts the MBA-IB cohort inside European business culture rather than a tourist circuit.

Education Loans — ITM’s Banking & NBFC Partners

ITM’s ITM Finance Fellowship desk has tie-ups with multiple banks and NBFCs. Indicative rates and ceilings are below.

Loan desk: loandesk@itm.edu · 9136694958 / 84335 51081. FindUrCollege can bundle loan timing with iSET shortlisting — WhatsApp +91-91126-50438.

How to Prepare a Winning Application for ITM Business School

Getting into a top MBA programme is not just about scoring well in CAT/MAH-CET. The best candidates combine a strong entrance score with a well-crafted application, compelling essays, strong recommendations and a confident interview. Here is a step-by-step strategy to maximise your chances.

1. Crack CAT/MAH-CET (CAT 70+ or MAH-CET 88+): Build a 3-month focused study plan. Use previous year papers, mock tests and sectional practice. Identify your weakest section and dedicate 40% of prep time to it.
2. Build Your Application Profile: Document all achievements, leadership roles, quantifiable impact from work and extracurriculars. ITM Business School evaluates profile holistically — everything from sports medals to startup experience matters.
3. Write Authentic Essays: Avoid generic "I want to be a CEO" answers. Research ITM Business School specifically — their pedagogy, faculty, clubs, and how these align with your specific career goals. Authentic, specific essays outperform polished generic ones every time.
4. Strong Recommendation Letters: Choose recommenders who know your work closely — ideally your direct manager for 1+ year. Brief them on what ITM Business School looks for and the specific achievements you want highlighted.
5. Prepare for GD/PI: Practice group discussions on current business topics. For PI, prepare crisp answers to "Why MBA?", "Why ITM Business School?", "Where do you see yourself in 5 years?" and industry knowledge relevant to your target role.
6. Financial Planning: Total cost is approx. ~Rs 12L. Education loans are available from SBI, HDFC, Avanse and Axis Bank. Start the loan process early — bank approval can take 3-6 weeks.

Post-MBA Career Pathways from ITM Business School

Graduates from ITM Business School in Navi Mumbai typically pursue careers in BFSI, consulting, FMCG, retail and technology sectors. Average starting salary is ₹8.65 LPA with a highest of ₹21 LPA in the latest verified batch. Career progression for ITM Business School graduates: Year 1-2 as Analyst/Associate, Year 3-5 as Senior Associate/Manager, Year 5-10 as Senior Manager/Director. The MBA degree typically adds 40-60% to pre-MBA salary in the first 2 years.

FindUrCollege Support for ITM Business School Admission

ITM Navi Mumbai provides solid MBA education at moderate fees with strong BFSI and FMCG recruiter access through the Mumbai-belt location. Best for candidates targeting local Navi Mumbai/Mumbai careers. Candidates in the 68-75 CAT range should also review our MBA for Low CAT Score guide, and those weighing the diploma format can read MBA vs PGDM 2026. Our counsellors have helped candidates successfully navigate the ITM Business School admission process. Services include: entrance exam strategy, essay review and editing, mock GD-PI sessions with industry mentors, financial aid application guidance, and post-admission career coaching. Reach out via WhatsApp for a free 20-minute profile assessment.

ITM Business School — Industry Connections & Campus Life

ITM Navi Mumbai's Kharghar campus has been developed over 3 decades with strong industry connections to the surrounding Navi Mumbai commercial ecosystem. Belapur CBD (5 km) hosts the offices of State Bank of India, Life Insurance Corporation, CIDCO and several corporate headquarters. Airoli IT park (15 km) has Infosys, Capgemini and other IT companies. Taloja MIDC (10 km) hosts manufacturing units of Larsen & Toubro, Siemens and Indian Oil. This industrial diversity directly benefits ITM students through internships, live projects and placements.

ITM’s Corporate Resource Centre maintains active relationships with 400+ companies annually for placement, SIP (Summer Internship Programme) and guest lectures. The institute conducts 2 formal placement seasons: SIP placement in January-February (for between-year internships) and Final Placement in November-February of Year 2. Students are supported with resume building workshops, mock GD-PI sessions and LinkedIn profile optimization before each placement season.

Sources & Official References

The accreditation, recognition and ranking claims on this page are cited from the following primary sources. Applicants should verify current-year details directly on these official portals before making any payment.

• AICTE approval: All India Council for Technical Education — aicte-india.org
• UGC recognition (ITM Skills University, Maharashtra Act No. 10 of 2023): University Grants Commission — ugc.gov.in
• NAAC 'A' accreditation: National Assessment and Accreditation Council — naac.gov.in
• NIRF 2025 Management ranking: National Institutional Ranking Framework, Ministry of Education — nirfindia.org
• Official institute website: ITM Business School / ITM Skills University — itm.edu

Frequently Asked Questions