ITM Business School Kharghar, also known as ITM Navi Mumbai, is a private management institute located in Kharghar, Navi Mumbai, Maharashtra. The ITM Group has been delivering AICTE-approved management education since 1991, and the institute now operates under ITM Skills University, a UGC-recognised private skills university established under the Government of Maharashtra in 2023. The institute holds AICTE approval, NBA accreditation for its programmes, and a NAAC ’A’ grade.
As per NIRF 2025, ITM Business School Kharghar falls in the Management rank band of 101 to 125.
The campus is situated in Kharghar, a planned smart city hub in Navi Mumbai, with air-conditioned classrooms, video-conferencing facilities, a digital library, specialized labs, an amphitheater, and residential facilities for students.
- MBA iConnect - 2 years, 10 specialisations: Financial Services, FinTech, Digital Marketing and Media Management, Business Analytics, Retail Management and E-Commerce, Marketing Management, International Business, Human Resource Management, Operations and Supply Chain Management, and Finance.
- BBA - 3 years, 3 specialisations: Banking and Finance, Business Analytics, and E-Commerce and Digital Marketing.
- Ph.D. (Management) - 3 years, research programme.
The total MBA iConnect fee at ITM Business School is INR 16,16,500 for two years. The BBA programme costs INR 13,51,000 for the full three-year duration.
ITM Business School runs an iSET scholarship programme offering tuition waivers of 100%, 50%, 25%, and 10% for eligible candidates based on iSET performance and academic record.
In the 2025 placement season, ITM Navi Mumbai recorded a highest package of INR 21 LPA and an overall average of INR 8.65 LPA, with 99% of the graduating batch placed.
- ITM Business School Kharghar Admission Dates 2027
- ITM Business School Kharghar Courses and Fees
- ITM Business School Kharghar Admission Process
- ITM Business School Kharghar Placements
- ITM Business School Kharghar Rankings
- ITM Business School Kharghar Scholarships
- ITM Business School Kharghar Campus and Infrastructure
- ITM Business School vs Welingkar Mumbai vs NL Dalmia Mumbai
- ITM Business School Kharghar FAQs
ITM Business School Kharghar Admission Dates 2027
Admissions for the 2026-28 MBA iConnect batch have concluded. The 2027-29 admission cycle is expected to open in October 2026, aligned with the CAT 2026 examination cycle. ITM also conducts its own iSET entrance test, which candidates can use instead of national exams.
| Event | 2026-28 Cycle (Concluded) |
|---|---|
| Application Window Opens | October 2025 |
| Application Window Closes | January 2026 |
| GD and PI Rounds | February to April 2026 |
| Programme Commencement | June to July 2026 |
The tentative timeline for the 2027-29 cycle is based on ITM’s established admission calendar. Official dates will be announced on the ITM website.
| Event | 2027-29 Cycle (Tentative) |
|---|---|
| Application Window Opens | October 2026 |
| iSET Entrance Test | November 2026 to January 2027 |
| Application Window Closes | January 2027 |
| GD and PI Rounds | February to March 2027 |
| Programme Commencement | June to July 2027 |
ITM Business School accepts a wide range of national and state-level entrance exams for MBA admission, as shown below.
| Programme | Entrance Exam Accepted |
|---|---|
| MBA iConnect | iSET, CAT, XAT, NMAT, CMAT, MAT, ATMA, CUET PG, MH-CET, and other State CETs |
| BBA | 10+2 marks based (MH-CET or equivalent) |
| Ph.D. | UGC-NET / GATE or ITM research aptitude test |
ITM Business School Kharghar Courses and Fees
ITM Business School Kharghar offers three programme families: the two-year MBA iConnect with ten specialisations, the three-year BBA with three specialisations, and a three-year Ph.D. in Management. The MBA fee is uniform across all ten specialisations.
| Course | Duration | Eligibility | Total Fees |
|---|---|---|---|
| MBA - Business Analytics | 2 years | Graduation 50% + entrance exam | INR 16,16,500 |
| MBA - Digital Marketing and Social Media | 2 years | Graduation 50% + entrance exam | INR 16,16,500 |
| MBA - Finance | 2 years | Graduation 50% + entrance exam | INR 16,16,500 |
| MBA - Financial Services | 2 years | Graduation 50% + entrance exam | INR 16,16,500 |
| MBA - FinTech | 2 years | Graduation 50% + entrance exam | INR 16,16,500 |
| MBA - Human Resource | 2 years | Graduation 50% + entrance exam | INR 16,16,500 |
| MBA - International Business | 2 years | Graduation 50% + entrance exam | INR 16,16,500 |
| MBA - Marketing Management | 2 years | Graduation 50% + entrance exam | INR 16,16,500 |
| MBA - Operations and Supply Chain | 2 years | Graduation 50% + entrance exam | INR 16,16,500 |
| MBA - Retail Management | 2 years | Graduation 50% + entrance exam | INR 16,16,500 |
| BBA - Banking and Finance | 3 years | 10+2 pass | INR 13,51,000 |
| BBA - Business Analytics | 3 years | 10+2 pass | INR 13,51,000 |
| BBA - E-Commerce and Digital Marketing | 3 years | 10+2 pass | INR 13,51,000 |
| Ph.D. (Management) | 3 years | Postgraduate degree 55% | INR 4,29,500 |
The MBA iConnect fee of INR 16,16,500 covers Year 1 (INR 8,06,500) and Year 2 (INR 8,10,000). Hostel accommodation is available separately at INR 1,35,000 to INR 1,60,000 per year for both male and female students.
ITM Business School Kharghar Admission Process
ITM Business School Kharghar uses a broad-basket entrance exam policy for MBA iConnect, accepting ten national and state exams alongside its own iSET test. This makes it accessible to a wide range of aspirants across Maharashtra and India. Selection is based on entrance score, academic record, and a GD and PI round conducted at the Kharghar campus.
MBA iConnect
- Eligibility: UGC-recognised bachelor’s degree with minimum 50% aggregate marks. Final-year students awaiting results are eligible to apply.
- Entrance exam: Any one of the following - iSET (ITM’s own test), CAT, XAT, NMAT, CMAT, MAT, ATMA, CUET PG, MH-CET, or other State CETs.
- Selection: Application → GD + Extempore → Personal Interview → Merit-based offer.
- Specialisation choice: Candidates select their specialisation at the time of admission. All ten specialisations carry the same fee and eligibility criteria.
The iSET (ITM Student Eligibility Test) is conducted throughout the application season. Candidates who clear iSET with good scores also become eligible for the iSET scholarship, which offers tuition waivers in Year 1.
BBA (Banking and Finance, Business Analytics, E-Commerce and Digital Marketing)
BBA admission at ITM Business School is based on 10+2 pass with the relevant stream. There is no separate entrance exam for BBA. Candidates apply directly and are selected based on 10+2 marks and a personal interaction. The BBA is a three-year programme affiliated to ITM Skills University.
Ph.D. (Management)
The Ph.D. programme admits candidates with a postgraduate degree (minimum 55% marks) in Management or a related field. Selection involves a written research aptitude test and an interview. Candidates with UGC-NET or GATE qualifications may be given additional weightage. The programme has a minimum duration of three years.
ITM Business School Kharghar Placements
In the 2025 placement season, ITM Business School Kharghar placed 99% of its MBA graduating batch. The highest offer stood at INR 21 LPA and the overall average was INR 8.65 LPA. The institute reported 400+ company visits in a single placement season.
A five-month paid industry internship and a two-week NGO immersion are built into the MBA iConnect curriculum, giving students pre-placement exposure before the final placement season.
| Placement Metric | 2025 Season |
|---|---|
| Placement Rate | 99% |
| Highest Package | INR 21 LPA |
| Average Package | INR 8.65 LPA |
| Companies Visited | 400+ |
Confirmed top recruiters include Deloitte, PwC, ICICI Bank, JPMorgan Chase, Yes Bank, Maersk, and Sterling. The Navi Mumbai location gives ITM strong access to Mumbai’s BFSI, supply chain, digital marketing, and retail recruiter base. The MBA iConnect’s new-age specialisations (FinTech, Business Analytics, Digital Marketing) have expanded the recruiter pool to include fintech start-ups and e-commerce firms.
ITM Business School Kharghar Rankings
ITM Business School Kharghar appears in NIRF’s Management ranked list and in the Times B-School rankings. The NIRF 2025 result places ITM Navi Mumbai in the 101 to 125 band for Management.
| Ranking Body | Category | Rank | Year |
|---|---|---|---|
| NIRF | Management | 101 to 125 band | 2025 |
| Times | Management Institutes | 43 | 2025 |
ITM Business School Kharghar Scholarships
ITM Business School Kharghar offers merit-based tuition waivers through its iSET (ITM Student Eligibility Test) scholarship programme. The total scholarship pool is INR 2 crore per admission cycle.
| Scholarship Tier | Number of Awards | Coverage | Eligibility |
|---|---|---|---|
| iSET Scholarship - 100% | 10 | 100% tuition waiver, Year 1 | iSET top scorers + 60% in 10th, 12th, and UG |
| iSET Scholarship - 50% | 15 | 50% tuition waiver, Year 1 | iSET merit + 60% in 10th, 12th, and UG |
| iSET Scholarship - 25% | 30 | 25% tuition waiver, Year 1 | iSET merit + 60% in 10th, 12th, and UG |
| iSET Scholarship - 10% | 100 | 10% tuition waiver, Year 1 | iSET merit + 60% in 10th, 12th, and UG |
All iSET scholarships apply to tuition fees in Year 1 only. Candidates must have scored at least 60% in their 10th, 12th, and undergraduate degree to be eligible. In addition to iSET awards, eligible candidates can also access national schemes via the Vidya Lakshmi education loan portal.
ITM Business School Kharghar Campus and Infrastructure
The ITM Business School Kharghar campus is located in Kharghar, Navi Mumbai, well connected to both Mumbai and Pune via road and local rail. Kharghar is a planned urban node, giving students access to corporate offices, retail, and start-up clusters in the Navi Mumbai area.
Campus facilities include air-conditioned interactive classrooms, video-conferencing rooms for virtual guest lectures, a digital library, specialised management labs, an amphitheater, and green open spaces. Hostel facilities are available on campus for both male and female students, at INR 1,35,000 to INR 1,60,000 per year. The MBA iConnect curriculum also includes global immersion programmes to UAE, Singapore, and Europe, open to students during the programme.
ITM Business School vs Welingkar Mumbai vs NL Dalmia Mumbai
Aspirants shortlisting ITM Business School Kharghar often also evaluate Welingkar Institute of Management (WeSchool), Matunga, and NL Dalmia Institute of Management Studies and Research, Mira Road - all private MBA institutes in the Mumbai Metropolitan Region with similar aspirant profiles and recruiter bases.
| Parameter | ITM Business School Kharghar | Welingkar (WeSchool) Mumbai | NL Dalmia Mumbai |
|---|---|---|---|
| Location | Kharghar, Navi Mumbai | Matunga, Mumbai | Mira Road, Mumbai |
| Programme | MBA iConnect (2 years) | PGDM (2 years) | MBA (2 years) |
| Total Fees (2 years) | INR 16,16,500 | INR 12 to 13 Lakhs | INR 15 to 17 Lakhs |
| Average Package (2025) | INR 8.65 LPA | INR 8 to 10 LPA | INR 8 to 10 LPA |
| NBA Accredited | Yes | Yes | Yes |
| Key Strength | FinTech, Business Analytics, 10 specialisations | Innovation and Entrepreneurship, Design Thinking | Finance, Marketing, Navi Mumbai corporate proximity |
ITM Business School Kharghar leads in specialisation breadth with ten MBA tracks and newer-age options in FinTech and Business Analytics. Welingkar has a stronger brand in Innovation and Entrepreneurship. NL Dalmia and ITM are both well-placed for Mumbai-region BFSI and retail recruiter access. Aspirants targeting fintech, digital marketing, or supply chain roles may find ITM’s specialised tracks more aligned to their goals.
ITM Business School Kharghar FAQs
Ques. What is the total MBA fee at ITM Business School Kharghar?
Ans. The total MBA iConnect fee at ITM Business School Kharghar is INR 16,16,500 for the two-year programme. This includes Year 1 (INR 8,06,500) and Year 2 (INR 8,10,000). The fee is uniform across all ten MBA specialisations. Hostel accommodation costs an additional INR 1,35,000 to INR 1,60,000 per year.
Ques. What exams does ITM Business School Kharghar accept for MBA admission?
Ans. ITM Business School Kharghar accepts ten entrance exams for MBA iConnect: iSET (ITM’s own test), CAT, XAT, NMAT, CMAT, MAT, ATMA, CUET PG, MH-CET, and other State CETs. Candidates can use scores from any one of these to apply. The iSET is also the gateway for the institute’s merit scholarship programme.
Ques. What is the average placement package at ITM Business School Navi Mumbai?
Ans. The average placement package at ITM Business School Kharghar in 2025 was INR 8.65 LPA, with a highest offer of INR 21 LPA. The placement rate stood at 99% of the graduating batch. Over 400 companies visited the campus during the placement season, including Deloitte, PwC, ICICI Bank, JPMorgan Chase, and Maersk.
Ques. Is ITM Business School Kharghar NAAC accredited?
Ans. Yes, ITM Business School Kharghar holds a NAAC ’A’ grade accreditation. The institute is also AICTE-approved and NBA-accredited. It now operates under ITM Skills University, which is UGC-recognised and established by the Government of Maharashtra.
Ques. What is the NIRF ranking of ITM Business School Navi Mumbai?
Ans. As per NIRF 2025, ITM Business School Kharghar is ranked in the Management band of 101 to 125. The institute is also ranked 43rd among Management Institutes by the Times in 2025.
Ques. Does ITM Business School Kharghar offer scholarships?
Ans. Yes. ITM Business School offers the iSET scholarship programme with a total pool of INR 2 crore. Scholarships range from 10% to 100% tuition waiver in Year 1, awarded to 155 candidates based on iSET score. Eligibility requires 60% marks in 10th, 12th, and undergraduate degree. Candidates who score well in iSET are shortlisted automatically for the scholarship pool.
Ques. Is ITM Business School Kharghar good for FinTech and Business Analytics?
Ans. ITM Business School Kharghar offers dedicated MBA specialisations in FinTech and Business Analytics as part of its MBA iConnect portfolio. Both are classified as new-age specialisations and have attracted fintech firms, BFSI data teams, and e-commerce companies to campus. The Navi Mumbai and Mumbai location supports recruiter access in these domains. The institute also bundles professional certifications at no additional cost into the curriculum.


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Comments
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The total fee structure for the PG management course is iNR 12,00,000 for 2 years at ITMBS Navi Mumbai.
Admission to ITM BS Navi Mumbai’s MBA and PGDM courses is based on entrance test viz. CAT/ XAT/ GMAT/ CMAT/ MAT/ ATMA/ State CET tests, NMAT and MAH-MBA test followed by personal interviews.
To take admission you must have passed last qualifying exam with 50% and appear for CAT/XAT/MAT/CMAT/GMAT and selection will be done after micro-presentation and personal interview.
You can check out the Round-1 cut-off for MBA at ITM navi Mumbai MBA cut-off. Yes, ITM Mumbai offers scholarship facilities to its meritorious students, you can chekc more on it at ITM Navi Mumbai Scholarships.