ITM - Group of Institutions

What ITM - Group of Institutions does

ITM Group of Institutions is a privately-held Indian higher education conglomerate founded in 1991, headquartered in Mumbai with operations centered on the Mumbai Metropolitan Region and a Vadodara campus. The group operates five specialized institutes under a single corporate umbrella: ITM Business School (MBA iConnect, BBA iConnect), ITM Institute of Hotel Management (BBA/BA/B.Sc. in hospitality and culinary arts), ITM Institute of Health Sciences (Optometry, Medical Laboratory Science), ITM Institute of Design and Media (B.Des in Animation/VFX, UX, Visual Communication, Fashion, Interior Design), and ITM Skills University (B.Tech CSE School of FutureTech). ITM Skills University holds UGC approval, and health sciences programs are registered under the Maharashtra Paramedical Council; hospitality degrees carry University of Mumbai affiliation. The combined platform enrolls 20,000+ students across 15 campuses, supported by 1,500+ faculty and staff, with a 2 Lakh+ alumni base spanning international placements in the UAE, Germany, USA, Mauritius, Maldives, Ireland, Australia, and Canada.

The business model is predominantly tuition-driven (subscription/recurring) with layered ancillary streams: one-time application fees (INR 1,500 for MBA, INR 500 for IHM), optional paid add-ons such as Global Immersion Programs (UAE, Singapore, Europe) and the IATA certification exam, and merit-based scholarships totaling Rs. 2 Crore annually administered through the iSET test. Curriculum technology centers on experiential learning via the TALEWIND soft-skills platform (300+ hours), the iConnect industry-connect initiative routing 400+ companies through campus placements, and the iSET entrance/scholarship test. AI features prominently as a curriculum layer — an AI Productivity Lab for MBA and AI-integrated Design coursework — though it functions as pedagogical enrichment rather than proprietary technology. Go-to-market is direct-to-consumer: program-specific WhatsApp inquiry lines, the itm.edu portal, education fairs, and alumni referrals constitute the primary acquisition channels.

The core product portfolio emphasizes industry integration and global mobility: 35+ embedded professional certifications (Google, Meta, Microsoft, EY, KPMG, SAP, IBM, AWS, Tableau, NISM), mandatory 5-month internships, and academic credit-transfer pathways with foreign universities including Queen Margaret (UK), HTMi Switzerland, LaSalle Vancouver, Manchester Metropolitan, and Sheffield Hallam. Placement outcomes — 21 LPA highest MBA CTC, 8.65 LPA average MBA CTC, 100% placement record in hospitality, and 94 international placements across 2021-2024 — anchor the value proposition. The group also operates an on-campus startup incubator with up to INR 1 Crore in seed funding, signaling an entrepreneurship layer atop traditional degree programs.

Name

ITM - Group of Institutions

Legal name

ITM Group of Institutions

Website

https://itm.edu

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

ITM Group of Institutions is a privately-held Indian higher education group operating five institutes — Business School, Hotel Management, Health Sciences, Design & Media, and ITM Skills University — across 15 campuses, serving 20,000+ students with tuition-funded degrees, embedded professional certifications, and global placement pathways.

Ownership category

akta.pro rank

Product category

Higher Education

NAICS

Colleges, Universities, and Professional Schools (6113)

SIC

Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Systems Administration & IT Operations (Windows/Linux, Monitoring, ITSM) (EDABAFAH)

Keywords

• Higher education services
• Professional degree programs
• Hospitality management education
• Design media programs
• Health sciences education

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. MBA/PGDM Tuition Fees: Full-time 2-year MBA program with program fees; scholarship opportunities available based on merit through iSET test
2. Hotel Management Program Fees: BBA, BA, B.Sc. programs in hospitality management with associated tuition costs
3. Application Fees: MBA application fee of INR 1500; IHM application fee of INR 500 for program applications
4. Certification Programs: 35+ professional certifications included in curriculum at no extra cost; some optional certifications like IATA exam incur additional costs

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

ITM Group of Institutions is a privately-held educational group operating five specialized institutes — ITM Business School, ITM Institute of Hotel Management, ITM Institute of Design and Media, ITM Institute of Health Sciences, and ITM Skills University — that deliver undergraduate, postgraduate, and executive degree programs in business management, hospitality and culinary arts, design and media, health sciences, and technology across approximately 15 campuses in India.

Product overview

ITM Group of Institutions is a multi-institutional educational group offering a diverse portfolio of programs across business management, hospitality, design, health sciences, and technology. The institution operates through several specialized institutes: ITM Business School (MBA iConnect, BBA iConnect), ITM Institute of Hotel Management (hospitality and culinary programs), ITM Institute of Design and Media (B.Des programs in fashion, interior, UX, VFX, visual communication), ITM Institute of Health Sciences (optometry and medical laboratory science), and ITM Skills University (B.Tech). Programs range from undergraduate to postgraduate degrees, with emphasis on experiential learning, industry certifications, and global exposure through international partnerships and internships.

Differentiator

Problem solved

Functional benefit

Brands

• MBA iConnect: 2-year full-time MBA program with experiential learning emphasis, industry connections, and 35+ professional certifications
• BBA iConnect
• B Tech CSE School of FutureTech
• TALEWIND
• iConnect (Industry Connect)
• On-Campus Start-Up Incubator

Products and services

• MBA iConnect A 2-year full-time MBA program with 10 specializations (Marketing Management, International Business, Human Resource Management, Operations & Supply Chain Management, Finance, Financial Services, FinTech, Digital Marketing & Media Management, Business Analytics, Retail Management & E-Commerce), 35+ professional certifications, global immersion, and a 5-month mandatory internship. Target audience: graduates seeking management careers.
• BBA iConnect Undergraduate business administration program under ITM Business School preparing students for careers in management and business operations, available after 12th standard.
• B.Des in Animation & VFX Bachelor of Design program specializing in animation and visual effects, part of ITM IDM's AI-integrated design curriculum.
• B.Des in UX Design Bachelor of Design program focusing on user experience design with experiential learning at ITM IDM, Mumbai.
• B.Des in Visual Communication Bachelor of Design program in visual communication design offered as part of ITM IDM's creative design education portfolio.
• B.Des in Fashion Design Bachelor of Design program in fashion design preparing students for careers in the fashion industry through creative and technical training at ITM IDM.
• B.Des in Interior Design Bachelor of Design program in interior design with focus on spatial design and creative problem-solving at ITM IDM.
• BBA in International Hospitality & Tourism Management 3-year full-time degree preparing students for global hospitality and tourism careers, with study-abroad options at UK and Switzerland partner institutions, 5-month paid internship, and 6-month on-the-job training.
• BA in International Culinary Arts 3-year full-time culinary arts degree covering cuisines from France, Italy, Japan, and India with mandatory 5-month paid internship.
• BBA in Global Hospitality Management 3-year full-time global hospitality degree with theoretical and practical training, including paid internship opportunity in the USA.
• B.Sc. in Hospitality Management 3-year B.Sc. program focused on hospitality operations, service management, business strategy, and guest relations at ITM IHM.
• B.Sc. in Hospitality Studies 3-year B.Sc. degree affiliated with University of Mumbai covering culinary to hotel management skills at ITM IHM.
• MBA in Hospitality Management 2-year hybrid MBA spanning 4 semesters covering strategic leadership in hospitality operations, guest experience, digital transformation, luxury hospitality, and entrepreneurship at ITM IHM.
• Diploma in Patisserie and Confectionery 1-year part-time diploma in baking techniques, dessert design, decoration, and icing with 100% placement assurance at ITM IHM.
• Bachelor of Optometry 5-year program in eye care, vision science, and ocular health with hands-on clinical training, mandatory 1-year internship, business-focused training, and foreign language learning for global careers.
• Bachelor of Medical Laboratory Science 4-year degree preparing students for healthcare diagnostics with foundation in medical sciences, microbiology, hematology, clinical biochemistry, and 1-year clinical internship.
• B.Tech CSE School of FutureTech B.Tech program in Computer Science Engineering focusing on future technology skills, offered via ITM Skills University.
• Executive Education Programs Career-advancing Master's programs for working managers, designed with Sunday contact-class scheduling under the ITM Executive Education umbrella.
• Short Term and Career Skills Programs Short-term industry-responsive skill programs and BFSI career-launch training offered through ITM's training division (including Let's Upgrade partnership).

Quantifiable outcome

• 400+ companies recruit from campus annually
• +5 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

18 partnerships are on record, tiered core and minor.

• Queen Margaret University (UK)coreStrategic or Co-development PartnerAcademic collaboration enabling students to earn degrees in culinary arts or international hospitality & tourism with access to job opportunities across the globe through credit transfers in the 3rd year
• University College Birmingham (UK)coreStrategic or Co-development PartnerCollaboration with this renowned institution for hospitality, tourism, and business management provides globally recognized programs, practical industry training, and international exposure
• HTMi SwitzerlandcoreStrategic or Co-development PartnerCollaboration connects students to global hospitality networks and exclusive recruitment opportunities in one of the world's fastest-growing industries
• University of MumbaicoreStrategic or Co-development PartnerITM IHM is an affiliated institution offering degrees backed by one of India's most respected and historic universities (established 1857)
• ITM Skills UniversitycoreStrategic or Co-development PartnerPart of ISU (ITM Skills University), a UGC-approved university that emphasizes skill-based, industry-aligned education with degrees combining credibility, innovation, and real-world value
• James Cook University SingaporecoreStrategic or Co-development PartnerHost for Global Immersion Program in Singapore (7 days) with sessions on Global HR Practice, Diversity, Equity & Inclusion, and Social Psychology
• ESSCA School of Management BudapestcoreStrategic or Co-development PartnerHost for Global Immersion Program in Europe (8-10 weeks) for MBA students, offering learning in finance, marketing, and management
• IESEG School of Management LillecoreStrategic or Co-development PartnerTriple-accredited business school in Lille, France for European Global Immersion Program with innovative teaching methods and international learning environment
• University of DubaiminorStrategic or Co-development PartnerHost for Global Immersion Program (4 days) in Dubai with expert faculty and hands-on projects for MBA students
• Skyline University College SharjahminorStrategic or Co-development PartnerHost for Global Immersion Program (4 days) in Sharjah with experienced faculty and modern facilities
• HeadStartminorImplementation/ SI/ Consulting PartnerPartnership for startup incubator mentorship bringing mentors from different sectors to support incubatee companies
• National Entrepreneurship CellminorStrategic or Co-development PartnerPartnership providing formal opportunity for students to network with investors and meet successful entrepreneurs
• Indian Academy of EntrepreneurshipminorStrategic or Co-development PartnerMOU for entrepreneurship development support to incubatees students
• LaSalle College Vancouver (Canada)coreStrategic or Co-development PartnerAcademic collaboration for design programs enabling seamless academic transfers and pathways to international exposure, career opportunities, and settlement in Canada
• Manchester Metropolitan University (MMU) UKcoreStrategic or Co-development PartnerAcademic partnership enabling academic transfers and pathways to international exposure and career opportunities in UK
• Sheffield Hallam University UKcoreStrategic or Co-development PartnerAcademic partnership for design and media education with pathways to international exposure and settlement in UK
• IATA (International Air Transport Association)coreStrategic or Co-development PartnerIATA Foundation in Travel & Tourism diploma integrated into hospitality programs, providing globally portable credentials for airline, cruise, travel, and tourism careers
• Let's UpgrademinorStrategic or Co-development PartnerTraining division partnership for new wave IT areas and short-term skill-based courses

Scale indicators14 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Christ University: Private deemed university in India offering undergraduate and postgraduate programs across management, sciences, humanities, and law. Comparable as a diversified private higher education institution with strong B-school.
• Lovely Professional University (LPU): One of India's largest private universities with very high enrollment across engineering, management, design, hospitality, and health sciences. Comparable in multi-vertical breadth and scale, though ITM is smaller.
• Pearl Academy: India's leading private design and media institute with programs in fashion, interior, UX, and visual communication. Closely comparable to ITM Institute of Design and Media's B.Des portfolio and target segment.
• Vellore Institute of Technology (VIT): Large private Indian university with engineering, management, and applied sciences programs across multiple campuses. Comparable as a multi-campus private university group with B-school offerings.
• Amity University: Large Indian private multi-disciplinary university with business, design, hospitality, and technology programs across multiple campuses. Directly comparable to ITM as a multi-vertical, private, pan-India higher education group.
• Symbiosis International University: Private deemed university operating multiple institutes across management, hospitality, design, health sciences, and liberal arts. Closely comparable to ITM's diversified institute structure and B-school focus.
• Manipal Academy of Higher Education (MAHE): India's leading multi-disciplinary private university group offering programs across management, health sciences, design, hospitality, and engineering. Highly comparable scale and multi-vertical structure to ITM.
• Welingkar Institute of Management (WeSchool): Mumbai-based private B-school offering MBA and PGDM programs with strong industry-connect focus. Closely comparable to ITM Business School in geography, target student segment, and placement-led positioning.
• NMIMS (Narsee Monjee Institute of Management Studies): Mumbai-based private deemed university with a flagship MBA program and additional programs in commerce, design, and technology. Direct comparable as a Mumbai-headquartered multi-disciplinary institution with strong B-school.

Emerging players

• Oberoi Centre of Learning and Development: Hospitality-focused management development program operated by The Oberoi Group, training students in hotel operations and service. Comparable as a focused hospitality training program competing for the same recruiter and student pool as ITM IHM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ITMInstitutes
• Facebookfacebook.com/ITMInstitutes
• LinkedInlinkedin.com/company/itm-group-of-institutions

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ITM - Group of Institutions