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 period it ran a full-time, AICTE-approved PGDM, NBA-accredited and AIU-accredited for over 25 years.

The change that matters to anyone applying now happened 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, with the degree awarded by that university. So you are applying for a two-year MBA degree from a university constituted in 2023, delivered on a campus with a much longer diploma history. Which of the two weighs more depends on where you are heading: some employers, and some universities assessing you later for further study, treat a degree and a diploma differently.

The MBA iConnect is two years, full-time, with ten specialisations — five mainstream (Marketing Management, International Business, Human Resource Management, Operations and Supply Chain Management, Finance) and five described as new-age (Financial Services, FinTech, Digital Marketing and Media Management, Business Analytics, Retail Management and E-Commerce). Each carries a selection from 35+ professional certifications at no extra cost, and those certifications are a compulsory part of the curriculum rather than an optional extra. The programme also includes 300+ hours of soft-skills training and an on-campus start-up incubator with a seed fund ITM states at ₹1 crore, which a student may work on instead of taking the five-month internship.

On size, ITM says two different things. Its own comparison table sets a batch of 60 students against a conventional MBA’s 100-plus; its admissions FAQ says each of the ten specialisations admits around 60. Those describe very different cohorts, so ask which applies to the specialisation you are applying for before reading anything into class size.

On rankings, ITM appears in the NIRF India Rankings 2024 list of participating management institutes but not in the published ranked list, and not in the NIRF 2025 Management top 100. The placements it does display come from magazine and survey lists — Business Today, The Week, India Today, IIRF, Fortune, EW India — and most carry a 2023 or 2024 date.

Admission is run by the university itself, through what the official Admission Policy calls the ITMSU Centralized Selection Process. That policy does not describe a Maharashtra DTE or CET Cell CAP seat-allotment route for this MBA. A State CET score is accepted as a qualifying test, but the seat comes from ITM's own merit list. If a CAP-allotted seat is what you want, check the CET Cell institute list first.

Eligibility, per the official Admission Policy: a bachelor's degree (10+2+3) with a minimum of 50% marks or equivalent CGPA, and 45% for reserved-category candidates. Final-year students may apply.

Accepted entrance tests, as listed on ITM Business School's official MBA page: CAT, XAT, NMAT, CMAT, MAT, ATMA, CUET or a State CET. The Admission Policy also allows an entrance test conducted by the university itself in place of a national score.

The stages are: application and fee, document scrutiny, entrance test or accepted score, then Micro Presentation / Group Discussion / Case Study Analysis plus Personal Interview (ITM's public site calls this stage Case Analysis and Personal Interview, or CAPI), verification of Government of Maharashtra norms, and a composite merit list.

The Admission Policy states that each of the six merit parameters below carries equal weightage, so the entrance percentile is one-sixth of your case, not the whole of it.

Reservation follows Government of Maharashtra category percentages, with a further 15% supernumerary quota for foreign nationals, PIO and NRI candidates. The application fee is ₹1,500 and an admission 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 two-year degree. Year 1 is itself split in two, and the first part falls due before you have finished deciding.

The dates are fixed and worth putting in a calendar.

Part 1 is refundable subject to University and UGC terms. What the fee covers: prescribed educational resources, uniforms, co-curricular activities, the professional certifications and medical insurance. What it does not: hostel, mess, and a laptop with licensed software, which the schedule excludes explicitly (AY2026-28).

One specialisation costs more. MBA International Business carries the Global Immersion Programme as a compulsory component rather than an optional one, so its total sits above the ₹13,45,000 above. The immersion runs in the UAE (four days, hosted by the University of Dubai and Skyline University College, Sharjah), Singapore (seven days) and Europe (eight to ten weeks). Ask for the International Business figure and the immersion cost for your destination on the signed schedule before you commit — the fee link on ITM’s MBA page opens a contact form rather than the document, and a lender will want the same paper.

Scholarships run through the iSET test, open to candidates with at least 60% in class 10, class 12 and graduation. ITM awards 10 full tuition waivers, 15 at 50%, 30 at 25% and 100 at 10%, totalling ₹2 crore against roughly 2,000 candidates a year. They apply to the first year only, so budget Year 2 at the full ₹6,75,000 whatever you win.

ITM publishes no percentile or score cutoff for its MBA. No minimum CAT, XAT, NMAT or CMAT percentile appears on the MBA page, in the admission policy or in the fee schedule. The one indicative figure ITM gives is in its own admissions FAQ: a percentile above 70 in exams such as CAT, XAT, CMAT and MAT increases your chances. Read that as guidance rather than a threshold — the same answer says the cutoff varies each year with the exam.

The absence is structural, not an oversight, and it should change how you prepare. ITM states that applicants are assessed on a combination of the academic record, entrance test scores, performance in the Case Analysis and Personal Interview, relevant work experience if any, and extra-curricular activities and personal achievements — and that no one factor is more important than another. It adds the sentence most candidates need to read twice: a high entrance test score does not guarantee a call for the selection process, let alone an admission offer.

The only hard numeric floor published is academic, not percentile: 50% in the bachelor’s degree. And because ITM accepts its own iSET in place of a national score, candidates enter the same list on different scales, which is part of why a single percentile bar would not mean much here.

Practically, the shortlist is rolling. ITM runs multiple selection rounds and says applying early raises your chances, because a later round competes for what is left rather than the full intake. Before paying the ₹25,000 Part 1 fee, ask the admissions office in writing for the round schedule, the seats still open in your specialisation, and the profile range admitted in the previous round. If they will not put it in writing, treat that itself as information.

This is where the official record is thinnest, so read it slowly. ITM publishes three headline numbers and attaches a graduating batch to none of them.

Two of those rows deserve a second look. The placement rate is a “100% Placement Record” in one place on ITM’s site and 99% in another. And an ITM blog attributes the ₹8.65 lakh and ₹21 lakh pair to the 2024 batch while, in the same article, also stating an average of around ₹7.5 lakh against a highest of ₹14 lakh. Two placement rates and two sets of averages is a reason to ask for the underlying batch data, not a reason to split the difference.

No median is published anywhere and no audited placement report is downloadable. The median matters more than the average here: an average is lifted by a handful of large offers in a small batch, while the median tells you what the middle student actually signed. On a fee of ₹13,45,000 plus hostel, that gap decides whether a loan repayment is comfortable.

Named offers on the placement page run ₹21 lakh, ₹21 lakh, ₹15 lakh, ₹15 lakh, ₹13 lakh, ₹13 lakh and ₹8.85 lakh. Recruiters ITM names include Deloitte, PwC and ICICI. The placement cell is 14 people supported by student representatives, and the sector spread is described as covering consulting, investment banking, FMCG, supply chain and manufacturing among others.

The internship record is firmer than the placement record, and it comes with figures attached.

A student may work on a start-up idea in the on-campus incubator instead of taking the five-month internship.

ITM Business School is one campus: Plot 25 & 26, Institutional Area, Sector 4, Kharghar, Navi Mumbai 410210, described by ITM as its flagship campus. The wider ITM Group runs other institutes — design and media, health sciences, hotel management, an executive education centre and a skills academy — but those are separate institutes, not other campuses of this business school. Kharghar sits on the Harbour line and inside the Navi Mumbai corporate belt, which is what makes a five-month internship logistically workable from here.

Hostel is optional and charged separately from the programme fee, and mess is separate again.

The hostel provides housekeeping, a cafeteria, water coolers, electronic security, power backup and high-speed wireless internet, with 24-hour security and a professional warden trained to handle emergencies; on-call physicians are available. Recreation runs to a yoga hall, an indoor games arena with table tennis, carrom, chess and a pool table, a study hall and a gymnasium.

The academic campus is air-conditioned and Wi-Fi enabled, with interactive classrooms, video-conferencing facilities, an auditorium, specialised labs, an amphitheatre, green open spaces and digital libraries.

Two budgeting cautions. Mess on actuals is a real cost that nobody has quoted you yet, so ask the hostel office for the current monthly rate before you sign anything. And do not simply double the annual hostel figure for a two-year total — the second year is charged at the rate published then, not at this one.

Compare on the axis that will decide your outcome, not on a composite rank.

SIES College of Management Studies, Nerul is the closest comparison on the admission-route axis. A Mumbai University MMS seat routed through the Maharashtra CAP, with state fee regulation attached, is a structurally different product from an institute-run selection process. Confirm current CAP participation on the CET Cell institute list.

Welingkar Institute of Management, Mumbai is the comparison on the qualification axis: an autonomous, AICTE-approved PGDM against an MBA degree from a university constituted in 2023. Some employers, and some universities assessing you later for further study, treat a degree and a diploma differently. Ask what your target sector prefers.

K J Somaiya Institute of Management, Mumbai is the comparison on disclosure. A longer placement record with more granular published data gives you something firmer to underwrite a loan against.

NMIMS Mumbai is the comparison on cost versus control. The fee is higher, but NMAT performance genuinely dominates the call, so a strong test score converts directly. If yours is strong, running that route in parallel costs only an application fee.

Our editorial read: ITM Navi Mumbai deserves a shortlist slot if the Navi Mumbai location, the ten-specialisation choice and a 60-seat cohort suit you, and if the placement office will give you batch-wise data in writing. On published evidence alone it is hard to justify against peers that disclose more.