Dr Mar Theophilus Institute of Management Studies (DMTIMS), Navi Mumbai

Overview

Dr. Mar Theophilus Institute of Management Studies (DMTIMS), Navi Mumbai, is a dynamic Business School located in Maharashtra. DMTIMS offers a unique dual degree program whereby students complete two years of study towards an AICTE approved PGDM course, after which they also obtain an internationally recognized MBA degree that is as per the norms of QS ratings. This is achieved through a Credit Transfer and management dissertation system. The Dual Degree equips students with important industry skills, including International Business, Quantitative Methods, Strategic Management, Finance, and Human Capital. It is committed to community welfare and creating responsible leaders. For example, DMTIMS has signed an MoU with Shashwat Foundation for the Social Sensitivity project of the PGDM program.

The Placement Cell of DMTIMS has set multiple CTC and recruiter records over the years. In less than a decade since the inception of the Institute, the highest CTC is already at INR 12 LPA, with a growth of more than 35% over just three years prior. Although almost half of all companies that made placement officers are from the banking or financial services sector, the full list of corporate partners is very diverse. Blue chip recruiters include Reliance Jio, MRF, Cafe Coffee Day, Tech Mahindra, Aditya Birla Capital, Schlumberger, Kotak Mahindra Bank, and KD Logistics..

Student life on the DMTIMS campus is vibrant, with weekly events, competitions, and celebrations. For example, the Institute organizes important awareness workshops for Finance students (e.g. Decoding the Budget), an overall management and cultural festival (Ektaara), farewell and welcome functions for graduating and incoming batches, respectively.

Highlights

Fees

Dual Degree students of DMTIMS must pay INR 6.5 Lakh as total course fees. This amount has the following components:

• Registration Fee: INR 50,000. This must be paid after the candidate’s admission is confirmed. After it is received by DMTIMS, the candidate will receive the final offer letter.
• First year’s academic fee: INR 3 Lakh. This must be paid before the first year’s classes start, and covers tuition fees, security deposit, academic office fees, and access to library and IT infrastructure.
• Second year’s academic fee: INR 3 Lakh. This must be paid before the second year’s classes start, and additionally covers alumni and placement fees.

Other academic fees include application costs (INR 1,000), examination fees (INR 1,000 per trimester, or INR 6,000 overall), and late payment fees (INR 100 per day).

Students who choose to live in the DMTIMS hostel must pay the semester boarding & lodging fees, in addition to mess fees. Students may also choose to live at home, and bear the cost of daily transportation to the Institute campus.

Admissions

The eligibility criteria for admission to Dr. Mar Theophilus Institute of Management Studies, Navi Mumbai, are as follows:

• The applicant must have completed a UG degree of minimum duration three years from any recognized University in India or abroad, or be in the final year of such a degree; ideally completed by June of the year in which the candidate applies to DMTIMS.
• The student must submit academic transcripts showing a minimum of 50% aggregate throughout the duration of the undergraduate program
• The student must have obtained a valid rank in any of these MBA entrance tests: CAT, XAT, CMAT, GMAT, MAT, ATMA, NMAT, or any State CET test (not limited only to Maharashtra).

The application and selection process has the following steps:

• Filling up the online or offline application form with accurate personal and academic details.
• Paying the application fee (INR 1,000) either online or via a demand draft.
• Submitting supporting document copies, primarily academic transcripts from the Bachelor’s degree, and MBA entrance test scorecards. Multiple scores can also be submitted.
• After the application window closes, DMTIMS shortlists a number of  candidates, who must appear for the screening process.
• The screening process includes a case analysis round, a group discussion session, a micro-presentation, and a Personal Interview round with an expert panel.
• Finally, the Institute announces the list of selected candidates, who must pay the registration fees to indicate their acceptance of the admission offer.

Placements

As one of the top MBA colleges in India, the placement highlights  of Dr. Mar Theophilus Institute of Management Studies, Navi Mumbai are as follows: 

• The highest CTC offered during the most recent placement season was INR 12 LPA, up from INR 10 LPA, INR 8.45 LPA, and INR 7.8 LPA in the previous three years.
• 40% of all full time job offers made were from companies in the Banking, Financial Services & Insurance (BFSI) sector, followed by  Infrastructure & Real Estate (18%), Consulting (10%), and Information Technology (10%).
• Prominent recruiters include Berger Paints, HDFC Life, upGrad, Jaro Education, Indiamart, ICICI Bank, Johnson & Johnson, Property Pistol, Reliance Jio, MRF, Cafe Coffee Day, Tech Mahindra, Aditya Birla Capital, Schlumberger, Kotak Mahindra Bank, and KD Logistics.
• Internship recruiters hired students for several functional roles, including Marketing (e.g. the Outlook Group), Strategy (e.g. Jaro Education), Business Analytics (e.g. AllCargo), Operations (e.g. BNM), and Human Resources.
• The Corporate Interface lecture series features senior industry professionals from all sectors participating in Group Discussion sessions, inspiring the Dual Degree students with their perspectives on leadership.
• The Placement Cell of DMTIMS works with MNCs to establish long term recruiting relationships, and supervises the logistics related to the selection process for internships and final placements. They also organize training activities to ensure that students are able to improve their communication and soft skills from Day 1 on campus.

Cut-Offs

The aggregate percentage of all DMTIMS Dual Degree applicants over all the years of UG study (minimum three years) must exceed 50%. There is no predetermined cut-off score or rank in the MBA entrance tests; however, in all cases, the candidate must successfully give at least one examination and obtain a valid rank to be considered for admission. It is also not possible to define a cut-off after the process ends because students may submit 30+ different test scores, and there is no normalizing factor.

Faculty & Alumni

Dr. Mar Theophilus Institute of Management Studies, Navi Mumbai, is home to 11 full time Faculty members. Of these, 8 have the additional responsibility of being Research Scholars, ensuring that DMTIMS furthers its reputation for spreading knowledge in the field of management studies. All Faculty members have at least 10 years of experience in academia, industry, or both, and all of them hold PhD degrees. Their experience across multiple organizations allows DMTIMS to offer a truly global teaching perspective to its Dual Degree students.

Even though DMTIMS is a relatively young Business School, its alumni are very grateful to their alma mater for setting them up for long term career success. Particular attention in ex-students' testimonials has been paid to the supportive nature of the Institute's Faculty members, and their tireless efforts to ensure that students are industry ready before the internship and placement season. Alumni are also grateful for the extracurricular activities on campus which help them nurture their leadership skills, and professional certification opportunities which help them strengthen their resumes.

Scholarships

As in other top MBA colleges in India, there are multiple financial aid options available to students of Dr. Mar Theophilus Institute of Management Studies, Navi Mumbai. The most prestigious scholarship offered directly by DMTIMS is the academic merit scholarship. All students who score above 65% in the qualifying examination may apply for the academic merit scholarship, and continued award is dependent on maintaining a percentage of 65% (or equivalent Grade Point Average) during the course of Dual Degree studies. The amount of scholarship may vary from year to year, and is dependent on the total scholarship fund, the number of eligible students who apply, and the financial need of the student, if any.

Preparation & FAQs

All the MBA entrance tests accepted by DMTIMS are highly competitive, and students must ensure that they attend classes to prepare for their chosen examination (e.g. CAT or GMAT) for at least six months, in addition to appearing for 5-10 mock tests. Previous years’ sample papers should be consulted to make sure that the applicant has covered the complete syllabus during preparation. For the final interview on campus, students should work on their communication skills in English and their confidence in person.

Frequently Asked Questions (FAQs)

Q. Which is the best Business School in Navi Mumbai?

Dr. Mar Theophilus Institute of Management Studies is one of the best MBA colleges in India, and is a contender for best Business School in Navi Mumbai. It is ranked #9 among the top 20 Emerging Private Business Schools in India, according to the IIRF 2024 ranking list.

Q. Does Dr Mar Theophilus Institute of Management Studies, Navi Mumbai, offer international exposure to its Dual Degree students?

All PGDM students of DMTIMS can opt for an international MBA degree by completing a comprehensive dissertation after two years of study. This is India’s only QS 5 Star Certified European MBA degree through a Credit Transfer program.

Q. If a candidate has appeared for multiple MBA entrance tests, which score should he/she submit to Dr Mar Theophilus Institute of Management Studies, Navi Mumbai?

Candidates who have attempted multiple MBA aptitude tests and received valid scores in them can either submit all to DMTIMS during the Dual Degree application process, or choose the one in which they have achieved the highest percentile score and submit only that.

Q. What skills are tested in the Personal Interview for admission to Dr Mar Theophilus Institute of Management Studies, Navi Mumbai?

The PI round of admission to the Dual Degree at DMTIMS tests four skills: knowledge of management concepts (technical assessment), behavioral skills (through a competency assessment), past achievements (academic record, extracurricular and co-curricular performance), and work experience (if the candidate has a full time professional record).

Q. How can interested candidates access the DMTIMS application form for admission to the Dual Degree Program?

Applicants to the Dual Degree Program at DMTIMS can obtain application forms in three ways: online (via the DMTIMS website), from the Institute Office between 10 AM and 4 PM on any working day, and via select coaching centers, a list of which is available on the DMTIMS website.

Q. What unique teaching methods are used in the Dual Degree program offered by Dr Mar Theophilus Institute of Management Studies, Navi Mumbai?

DMTIMS uses eight unique teaching methods in its Dual Degree program: case studies, role plays, corporate seminars, outbound learning sessions, management games, live projects, news analysis, and skill based training workshops.