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.