ITM Navi Mumbai Admission 2027: Cutoff, Fees & Placements

ITM Business School’s Kharghar campus belongs to the ITM Group of Institutions and has been open since 1991. For most of that time it ran a full-time, AICTE-approved PGDM. In 2023 ITM Skills University was established — a UGC-recognised private skills university constituted under the Government of Maharashtra — and the flagship programme became MBA iConnect, a two-year MBA degree awarded by that university. So you are applying for a degree from a university constituted in 2023, delivered on a campus with a much longer diploma history; some employers, and some universities assessing you later for further study, weigh a degree and a diploma differently.

MBA iConnect runs two years, full time, with ten specialisations: Marketing Management, International Business, Human Resource Management, Operations and Supply Chain Management and Finance, plus Financial Services, FinTech, Digital Marketing and Media Management, Business Analytics, and Retail Management and E-Commerce. Each includes a choice from 35+ professional certifications at no extra cost, 300+ hours of soft-skills training, a compulsory five-month paid internship and a two-week NGO internship. A student may instead work on a start-up in the on-campus incubator, which offers seed funding of up to ₹1 crore.

Two cohort sizes are published: a batch of 60, and around 60 in each of the ten specialisations — very different classes, so ask which applies to yours. ITM is not ranked in NIRF Management 2025.

Admission is run by ITM Skills University through its own centralised selection process, not by the Maharashtra CET Cell: a State CET score is accepted as a qualifying test, but the seat comes from ITM’s own merit list. Eligibility is a bachelor’s degree (10+2+3) with at least 50% or equivalent CGPA, 45% for reserved categories; final-year students may apply.

Accepted tests are ITM’s own iSET, CAT, XAT, NMAT, CMAT, MAT, ATMA, CUET or a State CET. The stages are the application with a ₹1,500 fee, document scrutiny, the test score, a case analysis or group discussion round and a personal interview, a check against Government of Maharashtra norms, and a composite merit list. The six merit parameters — academic record, extracurricular achievements, work experience if any, entrance score, the case or group round, and the interview — carry equal weight, so the entrance percentile is one-sixth of the decision. Reservation follows Government of Maharashtra percentages, with a further 15% supernumerary quota for foreign nationals, PIO and NRI candidates, and an offer must be confirmed within 15 days.

The MBA iConnect fee for the 2026-28 batch is ₹6,70,000 in Year 1 and ₹6,75,000 in Year 2 — ₹13,45,000 for the degree.

The fee covers educational resources, uniforms, co-curricular activities, the professional certifications and medical insurance. Hostel, mess and a laptop with licensed software are extra. MBA International Business costs more, because its Global Immersion Programme — UAE, Singapore or Europe — is compulsory there and optional elsewhere; get that figure on the signed schedule.

Scholarships come through the iSET test, open to candidates with at least 60% in Class 10, Class 12 and graduation: 10 full tuition waivers, 15 at 50%, 30 at 25% and 100 at 10%, worth ₹2 crore in all against about 2,000 test-takers a year, and for the first year only. Education-loan partners include SBI, ICICI Bank, Axis Bank, IDFC First Bank, HDFC Credila and Bank of Baroda.

No percentile or score cutoff is published for the MBA. The one indicative figure is that a percentile above 70 in exams such as CAT, XAT, CMAT and MAT improves your chances, and the bar varies each year with the exam. A high score alone guarantees neither a call nor an offer, because the academic record, the case analysis and interview, work experience and extracurricular record weigh as much as the test.

The only hard floor is academic: 50% in the bachelor’s degree. Because iSET sits alongside national tests, candidates enter one list on different scales. Selection runs in rolling rounds and a later round competes for what is left, so apply early, and before paying the ₹25,000 Part 1 fee ask in writing for the round schedule and the seats still open in your specialisation.

The latest headline figures are a ₹8.65 lakh average and a ₹21 lakh highest CTC, with 400+ companies visiting; no graduating batch is attached to either figure and no median is published.

A second pair of figures is also published for the 2024 batch — about ₹7.5 lakh average against a ₹14 lakh highest — so ask the placement office for batch-wise data in writing before you plan a loan. Named offers run ₹21 lakh (two), ₹15 lakh (two), ₹13 lakh (two) and ₹8.85 lakh; recruiters include Deloitte, PwC and ICICI, and the placement cell has 14 staff.

The internship record is firmer: five months paid and compulsory, plus a two-week NGO internship, with 200+ companies taking interns this year at an average stipend of ₹15,000 a month. Two highest stipends are published, ₹45,000 and ₹40,000 a month.

ITM Business School is one campus — Plot 25 & 26, Institutional Area, Sector 4, Kharghar, Navi Mumbai 410210 — on the Harbour line inside the Navi Mumbai corporate belt. The ITM Group’s design, health-sciences and hotel-management institutes are separate institutes, not other campuses of this school. The academic campus is air-conditioned and Wi-Fi enabled, with an auditorium, labs, an amphitheatre and digital libraries.

Ask the hostel office for the current monthly mess rate before you sign, and do not double the annual hostel figure for a two-year total: the second year is charged at the rate set then.

Welingkar Mumbai is the comparison on qualification: an autonomous, AICTE-approved PGDM, or the University of Mumbai MMS through CAP, against an MBA from a university constituted in 2023. K J Somaiya is the comparison on disclosure: its placements are audited batch by batch with a published median, which gives you something firmer to borrow against. NMIMS Mumbai is the comparison on route: a higher fee, but admission driven by the NMAT score.

ITM is worth a shortlist slot if the Navi Mumbai location, the ten specialisations and a small cohort suit you, and if the placement office will give you batch-wise data in writing.