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IIM Mumbai Placements 2025: Highest Package, Average Package, Top Recruiters

Q: What is the median package offered during IIM Mumbai placements?

The median package for PPOs offered during IIM Mumbai placements 2024 stood at INR 28 LPA. Earlier, the median package offered during IIM Mumbai PGP placements 2022 stood at INR 22 LPA. Further, a fluctuating trend was witnessed in the median package offered over the past three years during IIM Mumbai PGP placements, which is presented below: The median salary trends witnessed during IIM Mumbai PGP placements over the past three years are presented below: Particulars PGP Placement Statistics (2020) PGP Placement Statistics (2021) PGP Placement Statistics (2022) Median package INR 19.81 LPA INR 18 LPA INR 22 LPA

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IIM Mumbai Placement
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According to media reports, IIM Mumbai placement 2025 recorded a highest package of INR 54 LPA. The PGP batch 2023-2025 had 100% placement rate.

IIM Mumbai Placement

Table of content

IIM Mumbai Placement Overview 2025
IIM Mumbai Placement Report 2025
IIM Mumbai Average Package 2025
- IIM Mumbai MBA Placements
IIM Mumbai NIRF Placement Report 2025
IIM Mumbai Student Reviews
IIM Mumbai Placement FAQs

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Placements

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Courses & Fees

Campus Life

Ranking

Faculty

IIM Mumbai Placement Overview 2025

The highest package offered during the IIM Mumbai placements 2025 was INR 54 LPA as per the media reports. There were 100% placements this season.

Moreover the highest package offered during the placement drive 2024 was INR 54 LPA. In total, 180 companies took part during the placement drive.

Check out the table for the IIM Mumbai placements in comparision to other IIMs:

IIM Name	Highest Package -2023	Average Package -2023
IIM Mumbai	INR 78.20 LPA	INR 39.70 LPA (top 30% of the batch)
IIM Bangalore	NA	INR 35.31 LPA
IIM Ahmedabad	INR 146 LPA	INR 34.45 LPA
IIM Calcutta	INR 115 LPA	INR 35.07 LPA

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Commonly asked questions
On Placement Overview

Q: How is IIM Mumbai? What package can MBA students expect after completing the degree?

IIM Mumbai is one of the premier Management Institutes in India. The past three-year placement trends suggest that the highest package offered during IIM Mumbai placements stand between INR 49 LPA and INR 78 LPA.

Further, the salary package offered during IIM Mumbai placements 2024 is presented below:

Particulars	Placement Statistics (2024)
the highest package	INR 54 LPA
Top 10% average package	INR 47.29 LPA
Top 20% average package	INR 40.71 LPA
Top 50% average package	INR 33.84 LPA
Average package (for PPOs)	INR 29.44 LPA
Median package (for PPOs)	INR 28 LPA

Q: What is the median package offered during IIM Mumbai placements?

The median package for PPOs offered during IIM Mumbai placements 2024 stood at INR 28 LPA. Earlier, the median package offered during IIM Mumbai PGP placements 2022 stood at INR 22 LPA. Further, a fluctuating trend was witnessed in the median package offered over the past three years during IIM Mumbai PGP placements, which is presented below:

The median salary trends witnessed during IIM Mumbai PGP placements over the past three years are presented below:

Particulars	PGP Placement Statistics (2020)	PGP Placement Statistics (2021)	PGP Placement Statistics (2022)
Median package	INR 19.81 LPA	INR 18 LPA	INR 22 LPA

Q: What is the placement rate recorded during IIM Mumbai placements?

The placement rate recorded for all the courses during IIM Mumbai placements 2023 and 2022 was 100%. The course-wise number of students placed during IIM Mumbai placements over the past two years are presented below:

Course	Total Students (2022-23)	Students Placed (2022-23)
PGDIE	192	192
PGDIM	277	277
PGDSM	16	16

IIM Mumbai Placement Report 2025

The highest package offered during the IIM Mumbai placements 2025 was INR 54 LPA as per the media reports. In total, 198 companies visited the campus. The placement rate recorded was 100% for the PGP batch 2023-2025.

Check out the IIM Mumbai placements 2024 given below:

Particulars	Placement Statistics -2024
Highest package	INR 54 LPA
Top 10% average package	INR 47.29 LPA
Top 20% average package	INR 40.71 LPA
Top 50% average package	INR 33.84 LPA
Companies visited	180 (67 new recruiters)
PPOs offered	170
Average package (for PPOs)	INR 29.44 LPA
Median package (for PPOs)	INR 28 LPA
PPO percentage	38.11%

Download: IIM_Mumbai_PGP_Final_Placement_Report_2024_Batch IIM_Mumbai_Summer_Placement_Report_2023-25

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Commonly asked questions
On Placement Report

Q: Which is the top recruiting sector during IIM Mumbai PGP placements?

Manufacturing sector emerged as the top recruiting sector that placed 19% of the total students during IIM Mumbai PGP placements 2024. The sector-wise placement distribution recorded during IIM Mumbai PGP placements 2024 is presented below:

The sector-wise placement distribution recorded during IIM Mumbai PGP placements 2024 is presented below:

Sectors	Placement Distribution (2024)
Manufacturing	19%
Consulting	18%
FMCG	16%
IT/Product Management	13%
BFSI	10%
Retail/ E-commerce	10%
Pharma	3%
Others	11%

Q: What is placement record of MBA at IIM Mumbai?

A total of 33% of the 2022 batch received PPOs during NITIE Mumbai placements 2022. Total number of companies visited for placement is 107. The key highlights of NITIE Mumbai placements 2022 are presented below:

Particulars	Statistics (2022)
No. of companies visited	107
the highest package	INR 49 LPA
Average package	INR 25.4 LPA
Median package	INR 22 LPA

IIM Mumbai Average Package 2025

The top 10 percent of students received an average package of INR 47.5 LPA during the IIM Mumbai placements 2025. While, the top 20 percent and 50 percent average packages offered were INR 41.2 LPA and INR 34.1 LPA, respectively.

Check out the sector wise average packages offered during the IIM Mumbai placements 2024 from the table below:

Sector	Average Package (2024)
Retail & E-Commerce	INR 34.84 LPA
Consulting	INR 31.30 LPA
FMCG	INR 30.83 LPA
Others	INR 27.11 LPA

Further, the batch-wise average package offered over the past three years during IIM Mumbai placements is presented below:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)	Placement Statistics (2024)
Top 10% average package	INR 45.37 LPA	INR 46.59 LPA	INR 47.29 LPA
Top 20% average package	INR 38.59 LPA	INR 42.08 LPA	INR 40.71 LPA
Top 50% average package	INR 31.33 LPA	INR 39.70 LPA (Top 30%)	INR 33.84 LPA

IIM Mumbai Top Recruiters 2024

Some of the top companies that were part of the IIM Mumbai placements are given below:

IIM Mumbai Top Recruiters 2024
Amazon	ITC
EY	KPMG
Flipkart	Microsoft
Godrej	Deloitte
Coca Cola	Genpact

Top Recruiters

American Express

Deloitte

KPMG

McKinseyCompany

Dabur

Hindustan Unilever

CapGemini

Apollo

Adani Group

Cipla

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Commonly asked questions
On IIM Mumbai Average Placement

Q: What is the sector-wise average package offered during the recent IIM Mumbai placements?

The sector-wise average package offered during IIM Mumbai placements 2024 is presented below:

Sector	Average Package (2024)
Retail & E-Commerce	INR 34.84 LPA
Consulting	INR 31.30 LPA
FMCG	INR 30.83 LPA
Others	INR 27.11 LPA

Q: What is the average package offered during IIM Mumbai placements?

The sector-wise average package offered during IIM Mumbai placements 2024 is presented below:

Sector	Average Package (2024)
Retail & E-Commerce	INR 34.84 LPA
Consulting	INR 31.30 LPA
FMCG	INR 30.83 LPA
Others	INR 27.11 LPA

Further, the batch-wise average package offered over the past three years during IIM Mumbai placements is presented below:

Particulars	Placement Statistics (2022)	Placement Statistics (2023)	Placement Statistics (2024)
Top 10% average package	INR 45.37 LPA	INR 46.59 LPA	INR 47.29 LPA
Top 20% average package	INR 38.59 LPA	INR 42.08 LPA	INR 40.71 LPA
Top 50% average package	INR 31.33 LPA	INR 39.70 LPA (Top 30%)	INR 33.84 LPA

Q: What is application fee for MBA at IIM Mumbai?

The application fee for every course is INR 1,000 (INR 500 in the case of SC/ ST/ PwD candidates) for candidates from India and SAARC countries. For international candidates, the application fee is 50 USD 50 along with the bank charges (as applicable). This fee can be paid through a payment gateway. The application steps to apply are as follows:

Visit the official website select the dropdown admission, then click on application process
click on to the Admission Portal and fill out the form as instructed.
For candidates who are opting Fellow Programme should submit the 1,500 word research proposal
Pay the application fee through onlinr mode

IIM Mumbai MBA Placements

During the 2025 placement season at IIM Mumbai the highest package offered to the PGP graduates was INR 54 LPA. Moreover, 100% of students got placed during 2025.

Further, 180 companies took part during the IIM Mumbai placements 2025. These companies offered 170 PPO's to the students. The average and median packages offered were INR 29.44 LPA and INR 28 LPA, respectively.

During the 2025 placement season at IIM Mumbai the highest package offered to the PGP graduates was INR 54 LPA. Moreover, 100% of students got placed during 2025.

Particulars	Statistics (2024)
Highest Salary	₹ 54 L
PPOs Offered	170
Companies Visited	180
Average Salary for top 10%	4729000
Average Salary for top 50%	3384000

Source : Official Website

IIM Mumbai
MBA/PGDM Placement Comparison

Colleges	Average Package (2024)	Highest Package (2024)	Placement Rate (2024)
IIM Mumbai	-/-	54 LPA	-/-
SJMSOM Compare	28.01 LPA	72 LPA	100%
SDA Bocconi Asia Center Compare	15.01 LPA	36.5 LPA	-/-
SCMHRD Compare	24.28 LPA	41.9 LPA	-/-

The value are of the latest years available with Shiksha.

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The placement rating of this course is 5.0/5, making it good value for money.

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Commonly asked questions
On IIM Mumbai MBA/PGDM Placements

Q: Is IIM Mumbai really good placements wise?

The key highlights of IIM Mumbai placements 2024 are presented below:

Particulars	Placement Statistics (2024)
Highest package	INR 54 LPA
Top 10% average package	INR 47.29 LPA
Top 20% average package	INR 40.71 LPA
Top 50% average package	INR 33.84 LPA
Companies visited	180 (67 new recruiters)
PPOs offered	170
Average package (for PPOs)	INR 29.44 LPA
Median package (for PPOs)	INR 28 LPA
PPO percentage	38.11%

IIM Mumbai
NIRF Placement Report 2025

Management

IIM Mumbai PG - 2 years NIRF Placements Data: Management Accordion Icon V3

PG 2 years	2020-21	2021-22	2022-23
Median salary	25.8 LPA	31 LPA	32 LPA
% Students Placed	100%	100%	100%
Students placed	519	521	490
% Passing Students	100%	100%	100%
Students admitted	519	521	490
Students graduated	519	521	490

Source : NIRF Report 2024

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IIM Mumbai
Students Ratings & Reviews

4.6/5

3 Verified Reviews Info Icon

4-5
3

Placements4.7

Infrastructure4.7

Faculty & Course4.3

Campus Life5

Value for Money4.3

What students say about Indian Institute of Management Mumbai

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Major placements are in the fields of operations, supply chain management, information technology, consulting, finance and analytics.

Based on 17 Reviews

Anonymous

Master Of Business Administration (MBA) - Batch of 2026

4.6

5Placements4Infrastructure5Faculty5Crowd & Campus Life4Value for Money

Review of Indian Institute of Management Mumbai.

Placements: It has impressive placements, with timely assistance every time when sorting them out for help. Out of 206 companies, 52 companies specifically came for recruitment from our discipline in 2025. Accenture and Infosys are one of the companies offering the highest packages.

Faculty: I had lot of dignity towards teachers, and teachers usually consider the opinion of students before planning out any important schedules. Students' achievements are repeatedly spoken of by teachers, which is somewhat like showing them the purest form of love. A bunch of students successfully completed their degree with no history of arrears.

Reviewed on 6 Aug 2025Read More

Anonymous

Master Of Business Administration (MBA) - Batch of 2023

4.6

5Placements5Infrastructure4Faculty5Crowd & Campus Life4Value for Money

One of the best college for the MBA with top class facilities and placements.

Placements: IIM, Mumbai, is one of the best management college of India. Almost 80–90% of the students gets successfully placed in the MBA course at this college. Various top companies visits our college for placements. average package offered at the college was between 8 and 15 LPA. The top recruiters at the college were Amazon, Flipkart, Microsoft, Goldman Sachs, Apple, etc.

Infrastructure: IIM, Mumbai, has best quality infrastructure for all the course. For our course, there was a separate department in which all the facilities were available, including canteen, cafe, Wi-Fi, labs, library, etc. There were all the facilities available in the college for the interactive learnings and development of the students. The hostel's facilities were of great quality. The food in the hostel mess was best in taste.

Faculty: The faculty of the college were highly qualified and knowledgeable at IIM Mumbai. All the professors in our course are experienced in the teaching field. Teachers were teaching us all the concepts in an easy-to-understand manner. They were giving proper training to us. The course curriculum was relevant and helped students gain jobs. Exams at the college were of a moderately difficult level.

Reviewed on 27 Apr 2024Read More

Gaurav Palit Verified Icon

Post Graduate Program for Executives for Visionary Leadership for Manufacturing (PGPEX-VLFM) - Batch of 2018

4.6

4Placements5Infrastructure4Faculty5Crowd & Campus Life5Value for Money

It is a fruitful course for executives aiming for mid-management positions.

Placements: Senior consultant, production and logistics manager, sourcing manager, etc., roles are offered. 100% placements are achieved by the last 3 batches. The median salary package offered was 15 LPA. People were placed in organisations like PWC, E&Y, Hero Motocorp, Reliance Retail, among others. TVS sponsorship is done for its executives.

Infrastructure: The college has well-equipped labs like communication and mind to market. Demo based and interactive learning modules are used by the faculty to teach. The training programme at CII gives us an outright learning opportunity. The campus is situated amidst nature and has its own pond. Sanjay Gandhi National Park is near to the college.

Faculty: Classroom learning and per diem assessment are done based on the student's participation in workshops and seminars. Additionally, exams are held at the end of each teaching module. Technical learning module at IIT Delhi brushes the basics of engineering.

Reviewed on 9 Jul 2021Read More

ajay kamble Verified Icon

Master Of Business Administration (MBA) - Batch of 2022

5Placements5Infrastructure5Faculty5Crowd & Campus Life5Value for Money

Really good infrastructure, best teachers, mentally as well as physically, get strong.

Placements: So basically, almost 89% of students are placed. There is the highest package of 1 crore and the lowest package of 400k. There are huge companies like Microsoft, Apple, IBM. Almost 58% of students got internships. The best roles offered are in teaching, where they treat us like friends.

Infrastructure: There are so many facilities available like Wi-Fi labs, practical rooms, and a library. Also, there are some physical facilities like a swimming pool, volleyball and tennis courts, badminton and cricket grounds. There are also physical equipment's like dumbbells and weight lifters.

Faculty: The teachers were too helpful and qualified; they are so helpful for new students and weak students. They teach us like we are friends, and when we make mistakes, they guide us properly. When we are unable to learn something, they teach us personally.

Other: I chose this course because my father also got a degree from this faculty, and he was too confident that this college makes perfect in all ways.

Reviewed on 4 Feb 2024Read More

View All 4 Reviews

IIM Mumbai Placement FAQs

Check IIM Mumbai placements FAQs below:

Q: Where are IIM Mumbai alumni placed?

According to data gathered from unofficial sources, Operations sector has placed the most number of IIM Mumbai students. The sector-wise IIM Mumbai alumni placement statistics are presented below:

Note: The “Others” category includes the sectors of Engineering, Education, Product Management, Program & Project Management, Sales, Research, Finance, Purchasing, Marketing, Customer Success & Support and Arts & Design.

The above-mentioned data is gathered from unofficial sources and hence may vary.

Q: Which is the top recruiting sector during IIM Mumbai PGP summer internships?

Manufacturing sector emerged as the top recruiting sector where 25% of the total recruiters visited the campus during IIM Mumbai PGP summer placements for the batch of 2023-25. The sector-wise recruiters’ distribution during IIM Mumbai summer placements for the batch of 2023-25 is presented below:

The sector-wise recruiters’ distribution during IIM Mumbai summer placements for the batch of 2023-25 is presented below:

Sectors	Company Participation in % (2023-25 Batch)
Manufacturing	25%
FMCG	23%
E-Commerce	10%
BFSI	9%
Consulting	9%
IT/ Technology	7%
Pharma	7%
Others	10%

Q: How are IIM Mumbai PGDEX VLFM placements?

PGDEX – VLFM is the Residential Executive Diploma programme jointly run IIT Delhi and IIM Mumbai. The key highlights of IIM Mumbai PGDEX – VLFM placements 2022 are presented below:

Particulars	PGDEX – VLFM Placement Statistics (2022)
the highest package	INR 54 LPA
Average package	INR 26.2 LPA
Top 50% package	INR 34.1 LPA
Top 25% package	INR 44 LPA
Placement rate	100%

Q: How are IIM Mumbai DGMP placements?

DGMP is the General Management Programme offered for Defence Officers at IIM Mumbai. The key highlights of IIM Mumbai DGMP placements 2023 for batch 2 and batch 3 are presented below:

Particulars	DGMP Batch 2 Placement Statistics (2023)	DGMP Batch 3 Placement Statistics (2023)
Highest package	INR 60 LPA	INR 50 LPA
Average package	INR 32 LPA	INR 36 LPA

Earlier, the key highlights of IIM Mumbai DGMP placements 2022 are presented below:

Particulars	DGMP Placement Statistics (2022)
Highest package	INR 20 LPA
Average package	INR 16.6 LPA
Median package	INR 16 LPA
Top 25% package	INR 20 LPA
Top profiles offered	Business Consultant, Supply Chain Analyst, Management Consultant

Q: How are IIM Mumbai PGP summer internships?

A total of 165 companies visited the campus during IIM Mumbai PGP summer placements for the batch of 2023-25. The key highlights of IIM Mumbai PGP summer placements for the batch of 2023.25 are presented below:

Particulars	Summer Placement Statistics (2023-25 Batch)
Highest stipend	INR 4.8 Lakh
Average stipend	INR 2.27 Lakh
Median stipend	INR 2 Lakh
Companies participated	165
New recruiters	38
Batch strength	480

Earlier, 100% students were placed in 2022-23 during IIM Mumbai summer placements for the batch of 2022-24. Further, the course-wise stipend offered during IIM Summer placements 2022-23 for the batch of 2022-24 is presented below:

Course	Highest Stipend (2022-24 Batch)	Average Stipend (2022-24 Batch)	Lowest Stipend (2022-24 Batch)
PGDIE	INR 2.2 Lakh	INR 1.12 Lakh	INR 0.25 Lakh
PGDIM	INR 2.2 Lakh	INR 1.27 Lakh	INR 0.25 Lakh
PGDSM	INR 2.0 Lakh	INR 1.35 Lakh	INR 0.8 Lakh

IIM Mumbai

Student Forum

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What is the average package for MBA students at IIM Mumbai?

Answered a year ago

The average package for MBA students at IIM Mumbai (NITIE) stands at INR 27.57 LPA. Additionally, the average package offered during IIM Mumbai placements for the 2023-24 season was INR 31 LPA. These figures reflect the competitive and lucrative placement opportunities available to MBA students at I

Arun Kumar S V

Contributor-Level 10

What is the median salary of placements by the IIM Indore - Indian Institute of Management - Mumbai Campus?

Answered a year ago

IIM Indore - Indian Institute of Management - Mumbai Campus's median placement salary stands as a testament to the quality of opportunities it provides to its students is INR 12.0 LPA, reflecting a competitive compensation package enjoyed by its placed students.

Atul Mishra

Beginner-Level 1

Which companies generally recruit from IIM Indore - Indian Institute of Management - Mumbai Campus?

Answered a year ago

IIM Indore - Indian Institute of Management - Mumbai Campus offers placement support to its students. Notable organizations that visit the institute for recruitment include Golden Tulip, Baywatch Resort Goa, Linc Pen & Plastics Ltd, H.G. Infra Engineering Pvt. Ltd, Clariant India Ltd, Blue I Softwar

Atul Mishra

Beginner-Level 1

How are the placements in NITIE Mumbai?

Answered a year ago

Over the years, there has been an increase in the highest and average placement packages offered to students. This could be due to the college's improvement in the quality of education, traning sessions arranged by the college. Over the years the college has also increased the number of faculty memb

Liyansha Jain

Contributor-Level 10

What is the average package of NITIE Mumbai?

Answered a year ago

The average package offered to IIM Mumbai students is INR 25.4 LPA. This is according to the PGP placement report 2022. This data changes every year, hence it is not static. Keep visiting the official website for updated information about this. Till then, students can have a look at the data given b

Liyansha Jain

Contributor-Level 10

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