IIM Mumbai Placements 2024: Highest Package, Average Package, Top Recruiters ,Vihar Lake

What’s new at IIM Mumbai placements 2024? The highest package offered during IIM Mumbai placements 2024 stood at INR 54 LPA. Further, the average package of top 50% of the batch stood at INR 33.84 LPA during IIM Mumbai placements 2024. Apart from this, a total of 180 companies visited the campus during the placement drive 2024. Manufacturing sector emerged as the top recruiting sector that placed 19% of the total students during IIM Mumbai placements 2024. In addition, the highest and average stipend offered during IIM Mumbai summer placements for the batch of 2023-25 stood at INR 4.8 lakh and INR 2.27 lakh, respectively.

IIM Mumbai Placements 2024

  • Fall of nearly 31% was witnessed in the highest package offered in 2024 as compared with 2023
  • Rise of nearly 12% was witnessed in the number of companies visited in 2024 as compared with 2023
  • Fall of 3% was witnessed in the top 20% batch average package offered in 2024 as compared with 2023

IIM Mumbai Placement Report 2024: Highlights

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

IIM Mumbai placements 2024

 

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 

IIM Mumbai Placement Comparison: Top IIMs

Refer the below-mentioned table for IIM Mumbai placement statistics 2023 as compared with other top 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

IIM Mumbai Average Package 2024

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

IIM Mumbai Top Recruiters 2024

The list of top recruiters during IIM Mumbai placements 2024 and in recent past is presented below:

The list of top recruiters during IIM Mumbai placements 2024 is presented below:

IIM Mumbai Top Recruiters 2024

Amazon

ITC

EY

KPMG

Flipkart

Microsoft

Godrej

Deloitte

Coca Cola

Genpact

Quick Links

IIM Mumbai Admission

IIM Mumbai Compare

Check out more on Indian Institute of Management Mumbai placement in the below video:

IIM Mumbai Placements FAQs 

Check IIM Mumbai placements FAQs below:

Q:   Does IIM Mumbai provide best placements as compared with other IIMs?

A:

Refer the below-mentioned table for IIM Mumbai placement statistics 2023 as compared with other top 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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Q:   Where are IIM Mumbai alumni placed?

A:

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.

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

A:

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%

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Q:   Is IIM Mumbai really good placements wise?

A:

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%

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Q:   How are IIM Mumbai PGP summer internships?

A:

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

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Q:   How are IIM Mumbai PGDEX VLFM placements?

A:

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%

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

A:

The highest package offered during IIM Mumbai placements 2024 stood at INR 54 LPA. Further, a fluctuating trend was witnessed in the highest package offered over the past three years during IIM Mumbai placements, which is presented below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Highest domestic package

INR 49 LPA

INR 78.2 LPA

INR 54 LPA

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

A:

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

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

A:

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

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Q:   How are IIM Mumbai DGMP placements?

A:

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

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

A:

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

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

A:

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%

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

A:

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

A:

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

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Placement Reviews

Overall Placement Rating (Out of 5)

4.5

Based on 2 Verified Reviews

Distribution of Rating

The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 3 published reviews, 2 reviews are verified.
Read reviews that mention
Recruiting CompaniesRoles OfferedPercentage of Batch PlacedAverage Package OfferedTop Product CompaniesTop CompaniesCTC OfferedInternshipsLowest Package OfferedMBA PlacementsHighest Package OfferedView All
Very PositivePositiveNeutralNegativeVery Negative
Anonymous | Master Of Business Administration (MBA) - Batch of 2023
Reviewed on 27 Apr 2024
Verified
4.6
Placements 5 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 4
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.

Was this review helpful YesNo  
G
Gaurav Palit | Post Graduate Program for Executives for Visionary Leadership for Manufacturing (PGPEX-VLFM) - Batch of 2018
Reviewed on 9 Jul 2021
Verified
4.6
Placements 4 Infrastructure 5 Faculty & Course Curriculum 4 Crowd & Campus Life 5 Value for Money 5
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.

Was this review helpful YesNo  
A
ajay kamble | Master Of Business Administration (MBA) - Batch of 2022
Reviewed on 4 Feb 2024
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
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.

Was this review helpful YesNo  
View All Reviews

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Answered 7 months ago

The MBA placements at IIM Mumbai are quite promising, with an average package offered to students being around INR 25.4 LPA. The institute has seen a significant increase in the number of recruiters visiting the campus, with over a 20% jump compared to the previous year. Notably, prominent companies

...more

A

Arun Kumar S V

Contributor-Level 10

Answered 7 months 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

...more

A

Arun Kumar S V

Contributor-Level 10

Answered 6 months 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

...more

A

Atul Mishra

Beginner-Level 1

Answered 6 months 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.

A

Atul Mishra

Beginner-Level 1

Answered 9 months 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

...more

L

Liyansha Jain

Contributor-Level 10