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ITM-IFM Institute for Technology and Management – Institute of Financial Markets, Mumbai

ITM-IFM Institute for Technology and Management – Institute of Financial Markets, Mumbai
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ITM, Business School, Mumbai: Admission 2024, Courses, Fee, Placements, Cutoff & Ranking

ITM Business School, located in Mumbai, has a rich history dating back to its establishment in 1991. Over the years, it has evolved into a globally recognized institution, offering a range of courses and programs. The school’s mission is to create a pool of academically strong and motivated teaching community to foster entrepreneurship skills and cultivate leadership The school offers various courses such as PGDBA programs, Part-Time MBA programs, MS(CIS) program, and specialized programs like MBA in Human Resource Management and Diploma in Hotel Management & Catering Technologies. ITM Business School has a dedicated faculty that ensures students receive quality education and training to meet industry demands.

ITM Business School has achieved significant milestones. It has been ranked by Business Today Magazine as one of the top business schools in India, placing 37th overall and 15th based on Admission and placements.

 The school has also had successful placement seasons with starting packages ranging from Rs. 3.5 lacs/pa to Rs. 7 lacs/pa, putting it on par with the top 10 B-schools in India. ITM Business School prides itself on its facilities and resources. The institution aims to provide a supportive learning environment equipped with advanced programs, technology systems, and trained faculty members to give students a vital global edge. Additionally, the school offers state-of-the-art facilities like the ITM Business Simulation Lab, which is India’s first Live Securities Dealing Room designed to support advanced programs like the MBA in Financial Markets.

Furthermore, ITM Business School places a strong emphasis on placements and industry collaborations. It actively forges joint certification programs with corporate and social sector entities to address industry skill demands and ensure successful placements for its students.

Particulars Statistics
Establishment Year 1991
Campus Mumbai, India 
Recognized by AICET
Rankings (as of 2023) 30th among 100 private business schools in India by Cfore EW Business School survey; 15th among 100 business schools by All India Times Business School Ranking; 45 out of 200 Top Private Colleges in India in 2024; 63 out of 214 in India in 2023
Collaborations  Federal State Budgetary Educational Institution of Higher Education Udmurt State University Izhevsk, Russia;

Purbanchal University, Biratnagar, Nepal;

Department of Research and Innovation, The Republic of Union of Myanmar;

 

ITM, Business School, Mumbai: Course and Fees 2024 

ITM Business School in Mumbai offers a variety of courses for the academic year 2024, each with its own duration and average fees. Here is a list of courses provided by ITM Business School along with their respective tuition fees and eligibility criteria:

Course Duration Average Fees
MBA/PGDM 2 years INR 11.9 lakhs

The MBA program at ITM Business School Navi Mumbai is a flagship course offered with various specializations such as Finance, Marketing, Business Analytics, Operations and Supply Chain Management, Digital Marketing and Media Management. The total tuition fee for the MBA program ranges from INR 10.45 lakhs to 13.45 lakhs depending on the chosen specialization.

ITM Business School is known for its industry-relevant curriculum, experienced faculty members, and interactive learning sessions that prepare students for corporate readiness. The institution provides a conducive learning environment with modern facilities like air-conditioned classrooms, laboratories, sports centers, libraries, and more.

For over 32 years, ITM Business School has been offering AICTE-approved PGDM programs and continues to maintain a strong focus on academic excellence and industry connections. The faculty at ITM are highly skilled and supportive, ensuring that students receive quality education and guidance throughout their academic journey.

 

FAQs on Course and Fees 2024

1. What is the duration of the courses offered at ITM Business School?

The courses offered at ITM Business School have varying durations depending on the program. For instance, the MBA/PGDM program typically lasts for 2 years.

2. Can you provide a list of courses offered at ITM Business School?

ITM Business School in Navi Mumbai offers a diverse range of courses, including MBA/PGDM with specializations in Finance, Marketing, Business Analytics, Operations and Supply Chain Management, Digital Marketing, and Media Management.

3. What is the average fee for the courses offered at ITM Business School?

The average fees for the courses at ITM Business School vary based on the program and specialization chosen. For example, the total tuition fees for the MBA program range from INR 10.45 lakhs to 13.45 lakhs depending on the chosen specialization.

 

ITM, Business School, Mumbai: Admission Process and Important Dates 2024 

The admission process at ITM Business School in Mumbai is a straightforward and transparent one. Here is a step-by-step guide to the admission process for the academic year 2024:

  • Eligibility Criteria: Candidates must have a bachelor’s degree in any discipline with a minimum of 50% marks (45% for SC/ST/OBC/PWD) from a recognized university.
  • Application Process: Candidates can apply online through the official website of ITM Business School. The application form can be filled out and submitted along with the required documents and application fee.
  • Selection Process: The selection process at ITM Business School is based on the candidate’s performance in the entrance exam, group discussion, and personal interview. The entrance exam is conducted by the institute itself, and the group discussion and personal interview are conducted by the institute’s faculty members.
  • Entrance Exam: The entrance exam is a computer-based test that assesses the candidate’s knowledge in various areas such as quantitative ability, logical reasoning, data interpretation, and English language skills.
  • Group Discussion: The group discussion is a 20-minute session where candidates are evaluated on their communication skills, teamwork, and leadership qualities.
  • Personal Interview: The personal interview is a 15-minute session where candidates are evaluated on their personality, motivation, and overall fit for the program.
  • Final Selection: Based on the candidate’s performance in the entrance exam, group discussion, and personal interview, the final selection is made. The institute will send the offer letter to the selected candidates.

 

Important dates for Admissions 2024

Event Dates
Last Date to Apply for MBA (2024-26) Ongoing
CAT 2023 Result Release January 2024
XAT 2024 Registration Deadline November 30, 2023
XAT 2024 Exam Date January 7, 2024
NMAT 2023 Exam Dates October 10 – December 19, 2023
MAH MBA CET Re-Exam April 30, 2024 (Tentative)
MAH MBA CET Result Declaration 1st week of May 2024
MAH MBA CET Counselling Registration July 7, 2024 (Tentative)
MAH MBA CET Counselling Verification July 8, 2024 (Tentative)

 

FAQs on Admission Process and Important Dates 2024

1. What is the admission process for ITM?

The admission process for ITM Business School involves qualifying in national and state-level entrance exams like CAT, XAT, MAT, CMAT, ATMA, or others and participating in the Micro Presentation and Personal Interview (MPPI) rounds.

 

2. What is the entrance exam for ITM business school?

The entrance exam for ITM Business School includes national and state-level exams such as CAT, XAT, MAT, CMAT, ATMA, NMAT, or any other as per AICTE guidelines.

3. What is the selection process for ITM?

The selection process for ITM is based on entrance exam scores, academic performance, Micro Presentation and Personal Interview (MPPI) performance, work experience (if any), and overall merit of the candidate.

 

ITM, Business School, Mumbai: Placements 2023 

ITM Business School in Mumbai has a robust placement record, with 100% placement rate for the MBA batch in the academic year 2021-2022. The highest salary package offered was INR 21 LPA, and the average package stood at INR 8.65 LPA for the Marketing specialization.

The institute witnessed the participation of over 560 recruiters during the 2022 placement drive, offering diverse job roles to students in sectors like BFSI, IT, Education, FMCG, Consulting, and E-Commerce. Top recruiters included Amazon, LG, Deloitte, Reliance Digital, JP Morgan, Flipkart, HDFC Bank, among others.

Specialization-wise average packages for ITM Business School in 2022 were as follows: Marketing – INR 8.65 LPA, Finance – INR 8 LPA, Business Analytics – INR 7.5 LPA, Supply Chain & Operation Management – INR 6.5 LPA, International Business – INR 7.75 LPA, Retail Management & Marketing – INR 7 LPA, Human Resource Management – INR 6.5 LPA.

 

FAQs in Placements 2023

1. What are the placements for ITM MBA in Mumbai?

The placements for ITM MBA in Mumbai are quite promising, with almost 100% of students securing placements in top companies and startups, receiving decent salary packages.

2. What is the highest package of ITM?

The highest package offered at ITM Business School stands at INR 21 LPA, showcasing the lucrative opportunities available to students during placements.

3. Is it worth doing MBA from ITM Navi Mumbai?

Pursuing an MBA from ITM Navi Mumbai is considered worthwhile due to the institute’s strong record of placements, with a 100% placement rate in recent years and attractive salary packages offered to students.