Latest published MBA batch figures
ITM Business School’s placement page reports outcomes for its Kharghar MBA batch of 2024-26: 100% placement among students who opted in for placements, an average package of ₹8.5 lakh per annum and a highest package of ₹21 lakh. The page says the batch had 690 students and more than 400 recruiters. These are the school’s internal placement figures, last updated on 19 September 2026. The headline is useful as a dated cohort snapshot, but it is not a guarantee for a future class or an outcome for every student who enrolled.
The “100%” statement has an important boundary: ITM says it applies to students who opted in. The public page does not state how many of the 690 students opted in, how many did not, or the number placed. It therefore does not let a reader calculate the share of the entire batch that received an offer. Ask for the full placement report and the opt-in count if you need to compare placement coverage between schools.
Read the average and highest together
The reported average is ₹8.5 LPA and the highest is ₹21 LPA for the 2024-26 MBA cohort. The highest offer describes the top outcome, not a typical salary. The public page does not provide a median, salary distribution, number of offers in each salary band, or a breakdown by specialization. It also withholds individual names and exact CTCs for confidentiality. Do not treat the highest package as an expected starting salary, and do not assume the average is the median.
When reviewing the average, ask whether it is calculated over placed students or a different denominator, whether it includes fixed and variable components, and whether multiple offers are counted once or more than once. ITM’s web page calls it the average package but does not specify those calculation details in the accessible text. A complete report can clarify the method; without it, the figure is best used as a school-reported summary rather than a directly comparable audited measure.
Recruiter and role breadth
ITM reports more than 400 recruiters annually, with the 2024-26 MBA batch working across 25 or more sectors and over 300 distinct roles. Examples on the official page include finance and banking, consulting, technology, retail and e-commerce, manufacturing and operations, logistics, consumer businesses, pharmaceuticals, real estate and hospitality. The page shows roles such as financial analyst, relationship manager, business analyst, category manager, supply-chain analyst, HR business partner and product analyst.
This breadth can help students compare specializations with the kinds of work they want to pursue. It does not mean each recruiter hires in every specialization, that every role is open to each student, or that all 300-plus titles were available in a single placement season. The page describes a range across the MBA cohort. Check the full placement report for employer counts, roles, specialization-level outcomes and the number of offers in the batch that interests you.
Internship and placement preparation
The school describes a five-month paid industry internship as part of the MBA, alongside more than 300 hours of professional development. Its placement page reports an internship stipend range of ₹15,000 to ₹30,000 per month for the last two batches. That range is historical cohort information, not a guaranteed stipend for every student or a promise for the 2027-29 intake. Ask whether the stated duration, stipend range and placement support apply to your specialization and batch, and what happens if an internship does not convert to a pre-placement offer.
The school also describes industry-linked certifications and training in communication, group discussions and interview preparation. These activities may help students prepare for recruitment, but they are not job offers and should not be counted as placement outcomes. Before choosing a specialization, ask which certifications are compulsory, which are included in the fee, and whether the student must pay separately for any examination or credential.
BBA outcomes are reported separately
The placement page says the BBA’s first cohort will graduate in 2027 and that BBA placement numbers are not yet available. MBA figures should not be presented as BBA outcomes. The programmes have separate student cohorts and graduation timelines, so the MBA’s 2024-26 average, highest offer and opt-in rate do not describe BBA graduates. If you are applying to BBA, ask when the first placement report will be issued and whether internship information is available separately from full-time outcomes.
Questions to ask before relying on a placement claim
Request the 2024-26 full placement report and check its cohort definition, number registered for placements, number who opted in, number placed, and the dates on which offers were accepted. Ask whether the ₹8.5 LPA average is based on unique students, placed students only, or another method; request median and salary-band counts; and check how fixed pay, variable pay and one-time joining bonuses are treated. For the 400-plus recruiter figure, ask how many recruited MBA students from this campus and batch rather than appearing in a school-wide annual total.
For your own decision, compare the reported outcomes with the specializations you are considering, the roles you would accept, and your full programme cost. Use placement outcomes as historical evidence about one cohort, alongside course content and the internship experience. They cannot predict your personal result. The school states that students who chose not to opt in are outside its 100% placement figure, and its published page does not disclose the opt-in denominator or the full salary distribution. See the official ITM placement and ranking page for the latest cohort statement and request its complete report directly from the school.