My friend had a very unpleasant experience with ITM Navi Mumbai last year. The office staff acted very unprofessional and irresponsibly. My friend canceled her admission on 2nd April. However, her token amount of 25000 was not returned for months. The office had given her the deadline of 31st July but no amount was returned near that time. She mailed them several times but the staff did not respond to any of her emails.
If you want to know about the academics and placement record at ITM Navi Mumbai, after checking the statistical data, make sure to reach out to alumni from the institution to get a clear picture.
Do thorough research before selecting ITM Navi Mumbai for your studies. You should check the courses, fee, admission and other details as part of your research.
ITM Navi Mumbai, Institute for Technology And Management Navi Mumbai campus is a decent institute well-known for its strong focus on Marketing. The college is Grade ‘A’ accredited by NAAC. Here are a few highlights pertaining to the institute
In all, ITM Mumbai is a great place to be if you have no other good options.
ITM Navi Mumbai is a great option for though looking for a sales profile and are unable to get admission in a tier-1 B School like XIME Blore, Christ Blore, Bimtech Noida, IFMR, Great Lakes Chennai, etc.
The placement scenario here is very unstable and risky considering the high fees. The majority of roles offered are in sales the credibility of which is low. Moreover, finance students are offered very limited core finance jobs.
It’s best to contact the alumni through LinkedIn to get the exact picture and then only consider joining it. Also, if possible give CAT again and try to get into a better B School that guarantees placements and a better learning environment.
Jaipuria Institute of Management is the best choice in terms of faculty, campus life, industry experience and placements. My friends have studied here and had the best experience of their academic life.
Placements for PGDM are excellent and various well-known companies visit the campus for recruitment. The salary packages offer a good return on your investments.
For the recent batch of 2020, the highest package offered was 19 Lakhs by Amazon and the highest International package recorded was 14.3 Lakhs. Top recruiters for this session were HDFC Bank, IDFC Bank, HCL, and Deloitte.
BIMM Pune, MITSOB Pune, and ITM Navi Mumbai can be compared based on their overall placement record.
At BIMM Pune 2022 placements, a total number of 310 students were placed and 90+ recruiters visited the campus for recruitments. The placement percentage was recorded as 100% and the Top Recruiters were Amazon, Aligned Automation, Bajaj Finserv, and Big Basket.
MITSOB Pune recorded the highest package of INR 13.88 LPA and the overall average package of INR 4.88 LPA.
These are the 2022 placement highlights for ITM Navi Mumbai-
Particulars |
PGDM |
MBA |
Number of Recruiters |
350+ |
- |
Placement Percentage |
100% |
- |
Highest Salary |
INR 22 LPA |
INR 22 LPA |
Average Salary |
INR 5.6 LPA to INR 8.5 LPA |
INR 5.6 LPA to 7.5 LPA |
Top Recruiters- Tns, Amazon, Shoppers Stop, Kotak Mahindra Bank, LG, and JP Morgan.
The MBA Marketing branch achieved a 100% placement.
MITSOB Pune and ITM Navi Mumbai also offer a PGDM other than an MBA.
All three institutions are pretty decent. Their placement figures are very similar; thus, you can choose any of the three for your MBA program.
No, I don't think ITM Mumbai is worth taking a loan. The high fees do not do justice to the meager packages received by the students. Despite recording 100% placements, the average is as low as INR 8.5 LPA. It’s better to go for an average institute with low fees. The low packages you will receive will be worth the low fees you invested.
IMT Navi Mumbai placement cell ensures placements but does not guarantee a good ROI. So the best way is to look for an institute that charges low fees and gives enough ROI. Only then it will be worth a loan.
ITM Navi Mumbai got 100% of its PGDM 2022 batch students placed. The highest package for the outgoing batch of 2022 was INR 21 LPA. The average package for the batch stood at INR 8.65 LPA. The top recruiters were TCS, Amazon, Shoppers Stop, Kotak Mahindra Bank, LG, and JP Morgan.
The following graph shows the highest package and average package for each specialization:
I hope to have given you a satisfactory response regarding the placement scenario at ITM Navi Mumbai.
It is subjective and it completely depends on your goals and your preferences. Below is a table showing and comparing both the colleges on different aspects;
Aspect |
ITM Navi Mumbai |
IBS Mumbai |
Location |
Located in Navi Mumbai, a satellite city of Mumbai, well-connected by road and rail |
Located in the heart of Mumbai, well-connected by road and rail |
Accreditation |
Accredited by AICTE, NBA, and AIU |
Accredited by AICTE and UGC |
Rankings |
Ranked 76th out of 120 management colleges in India by IIRF (2023) |
Ranked 74th out of 120 B-Schools in India by IIRF (2023) |
Placements |
Highest salary INR 21 LPA Average salary INR 8.5 LPA |
Highest International Salary INR 53.45 LPA Highest Domestic Salary: INR 15 LPA Average Salary INR 7.14 LPA |
Top Recruiters |
Tns, Amazon, Shoppers Stop, Kotak Mahindra Bank, LG, JP Morgan |
Anand Rathi Securities, Axis Bank, Emami, Coca-Cola, CITI Bank, DE Shaw, HDFC Bank, ITC, SBI |
Ultimately the choice is yours. So, choose wisely. All the best!
ITM Navi Mumbai is the best choice if you are seeking sales profiles but not for core finance and HR operations. Moreover, the batch size is huge and the fees are extremely high. Remember you will not just be getting a degree but will be investing in your lifetime career. Here are a few things you should consider before applying to determine if it's worth it or not,
It's best to contact the old alumni to get hold of the real scenario and only then invest money here.
ITM Mumbai is much better compared to IBS Hyderabad because they belong to a different segment of colleges.
ITM Mumbai has more of a traditionally based teaching approach whereas IBS Hyderabad has a Case-Based Learning approach. If you are someone who wants to learn concepts the old school way where everything is spoon-fed to you, go to ITM Mumbai if you want to learn something new and your perspectives of things happening around you IBS Hyderabad is the best place to be.
Criteria |
ITM Mumbai |
IBS Hyderabad |
Ranking |
Ranked 45th by NIRF in 2020 |
Ranked 20th among top private B-schools by NIRF |
Course Offerings |
MBA, PGDM, Executive MBA, Ph.D. in Management |
MBA, PGPM, PhD in Management |
Specializations |
Marketing, Finance, HR, Operations, IT, IB |
Finance, Marketing, HR, Operations, Analytics |
Average Salary |
INR 7.5 LPA |
INR 7.32 LPA |