ITM Navi Mumbai Scholarship 2026

Kharghar, Navi MumbaiEstd 1991
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Collegedunia Team

Content Curator | Updated 3+ months ago

ITM Business School, Kharghar (Navi Mumbai) offers a wide range of scholarships, which are available to successful applicants who apply in the early stages of the admissions schedule. More than 500 students have benefitted from ITM Scholarships for the last 8 years as it has given scope to the students to minimize their expenses and avail financial support. ITM scholarship portfolio covers:

ITM Scholarships are funded by ITM Trust and it is open to all successful MBA aspirants who have cleared the academic and professional merit and can demonstrate the ability to contribute to all aspects of the AICTE approved MBA i-Connect program.

  • Awards: Multiple awards of varying amounts with a 100%, 50%, 25% & 10% scholarship on tuition fees.
  • Scholarships Amount: Across ITM Business Schools, the total amount for free scholarships is more than INR. 1 Crore (subject to students fulfilling terms of merit).
100% Scholarship 50% Scholarship 25% Scholarship 10% Scholarship
10 15 35 90


ITM Scholarships Eligibility

The student should have a minimum of 50% in their Graduation and must take one of the tests (CAT, MAT, XAT, CMAT, ATMA, NMAT by GMAC, GMAT). The student should be an Indian citizen. 

  • Scholarship Examination will be held along with the admissions round on a date announced by the Institute. 
  • Students will go through the Admission process and secure admission to avail of the scholarship awarded. 
  • Scores in the admission process would not affect the scholarship distribution. Scholarships would be awarded only on the scores of the Scholarship test. 
  • The list of meritorious students eligible for scholarships will be announced, a week after the successful completion of the scholarship test. 
  • All the scholarship awards are applicable for the first year only. 

The ITM Scholarships follows a set process for unbiased scholarship distribution: 

  • The scholarship test would be conducted online/offline as per the organization’s decision. 
  • The scholarship test would be a computer-based test in case it is online and paper-based if it is offline.

Details of Admission Process (MBA i-Connect 2024-26 batch) across ITM Business Schools for Scholarships

  • X, XII and Graduation score should be 50% and above (up to the last exam)
  • All applicants must have either a CAT, XAT, CMAT, ATMA, MAT, GMAT.
  • The admission process comprises of a Scholarship test, Micro Presentation, Written assessment test and a Personal Interview after a candidate is shortlisted for MPPI however the score in MPPI will not affect the scholarship award.
Where to Apply?
The students can apply online by clicking on the given link - Apply Now

Note(s):

  • ITM Business School reserves the right to cancel/withdraw the Scholarship if the candidate is found to have violated the admission criteria or has withheld information or has falsified information for securing Scholarships.
  • The scholarship availed in the first year of admission is not to carry forward guarantee in the second year and the institution has complete authority to amend the eligibility and terms as and when required.

ITM Navi Mumbai Scholarships: Students' Opinion

AI-Generated Summary based on 116 Reviews

The scholarship opportunities at ITM Business School are primarily merit-based, with scholarships available for top performers and those who excel in entrance exams. Scholarships can cover up to 100% of tuition fees, with options for 75%, 50%, and 25% reductions as well. The fee for the 2-year PGDM program typically ranges around INR 10.95 lakhs to 11 lakhs, with the institution offering flexible payment terms, including installment options.

The college conducts a scholarship exam during the admission process, and successful candidates are eligible for fee concessions. ITM Business School also has partnerships with several banks, facilitating educational loans for students. While there are scholarship opportunities for high achievers, many students rely on these bank loans to manage their tuition expenses.

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 By Collegedunia’s Personal AI

Why To Join ITM Navi Mumbai - Reviews & Rating

Campus
Events
4.0
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(46%)
4(43%)
3(6%)
2(5%)
1(0%)

Academic
4.3
Faculty
4.0
Infrastructure
4.0
Accommodation
3.5
Social Life
4.0
Placement
4.0

Most Popular Tags

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Ramu
2.8Helpful
Reviewed on Apr 1, 2025(Enrolled 2022)

Fees and Financial Aid:

So there is the fee structure basically in first and the last year they are taking 3.5 lakh and in between 5 lakh means for 3 years total 12 lakh, they are giving us macbook, so there is also scholarship for only first year batch where they deduct your fee for only first year and most of the student get around 20% only
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Suyesha Manjrekar
Suyesha Manjrekar
5.0Helpful
Other
Reviewed on Dec 28, 2024(Enrolled 2023)

Fees and Financial Aid:

My college fees is 6 lakh above but it is worth for it we get different opportunities to learn new skills and get various knowledge so this fees is worth for my graduation also our college has different activities to get involved
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Aditya Aute
Aditya Aute
5.0Helpful
Reviewed on Nov 25, 2024(Enrolled 2024)

Fees and Financial Aid:

the year wise fees for mba is 600000,if you got qualified in scolarship you will get discount as per your percentage there is no sepratefees for st sc or caste. Fees for all is same and equal not different.
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BINIT KUMAR
BINIT KUMAR
3.8Helpful
Reviewed on Nov 17, 2024(Enrolled 2024)

Fees and Financial Aid:

The total fees of two year program is 1950000 and first year fees is 595000 and second year fee is 600000 for all the programs like marketing HR Finance. The fee for MBA in IB is 1500000 This college also provide scholarship exam in which they provide 100% Scholarship in first year fees.
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Sankalp Verma
Sankalp Verma
3.3Helpful
Reviewed on Sep 13, 2024(Enrolled 2024)

Fees and Financial Aid:

I'm here for my MBA in marketing and sales, so my total income fees 6.25 lakhs Which includes a booking amount of 25000, then 1 st year fee 6.00 lakhs and the last 2nd year fees 6lakhs. And I opted for a hostel for one year I paid 120000.
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Shubhanshi Jain
3.4Helpful
Reviewed on Jul 18, 2024(Enrolled 2022)

Fees and Financial Aid:

Scholarships are available upto 50% to 10%. The exam for the same held jn January so you have to apply early although don't get fooled that scholarships are for only frst term fee. Which is little lower.
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Jaya Mishra
Jaya Mishra
3.5Helpful
Reviewed on May 31, 2024(Enrolled 2023)

Fees and Financial Aid:

So there is a test that college conduct every year where the children can give the exam and earn scholarship upto to 100 % , I had saw student who have taken the advantage of the exam The tuition fee increase every year by 10% for the new batch students
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Shivam Rawat
Shivam Rawat
4.0Helpful
Reviewed on Apr 30, 2024(Enrolled 2023)

Student Snaps:

Fees and Financial Aid:

The Fees of ITM BUSINESS SCHOOL, KHARGHAR - NAVI MUMBAI is 1125000, which is too much fees for a middle class family, and the saddest part is that, students can't get there ROI return, but college have hundred percent placement records.
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Runu Ghosh
3.9Helpful
Reviewed on Mar 13, 2024(Enrolled 2016)

Fees and Financial Aid:

Scholarship is provided those who opt for it and give exam as per percentage fees is adjusted. Cost of Education-9,00,000 Hostel Fees-1,50000( 1 year) Internship opportunity for 5 months and 1 NGO project. Stipend minimum 3000 Campus placement available from college.
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Sonia Nivatkar
3.8
Reviewed on Nov 3, 2023(Enrolled 2022)

Fees and Financial Aid:

The standard fees are 10 lakh and 13 to 16 lakh for the International Business specialization since it includes a two-month program in another country. There is a test that is conducted and only those students are offered scholarships who score well in the test. Financial assistance is given with ties up with some banks for student loans.
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ITM Navi Mumbai: 1 Answered Question

Which college should I go for: ITM Navi Mumbai (with scholarship) or PUMBA Pune or SIES Navi Mumbai or BIMM Pune and why?

Akriti Guptalives in Mumbai, Maharashtra, India

BIMM is a decent choice but when it comes to doing a PGDM course in finance but ITM Business School Navi Mumbai is a far better choice. The college has great faculty members and a curriculum that enables students to grab good opportunities in the corporate sector. 

The college has ties with leading MNCs and prestigious Indian brands offering an average package of around 8 Lacs p. a. Also, the college ensures 100% placements to all its students pursuing finance as their specialization. 

Let’s compare fees and the average salaries of other colleges.

College

Fees (in LPA)

Average salary (in LPA)

ITM Navi Mumbai

10.95 LPA

7.1 LPA

PUMBA Pune

1.5 LPA

8.10 LPA 

SIES Navi Mumbai

1.1 LPA

7.2 LPA

BIMM Pune

10.00 LPA

7.8 LPA

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