IIM Mumbai Placements 2026: Highest Package, Average Package, Top Recruiters

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%

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

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.

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%

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

NITIE (IIM Mumbai) offers both entrance-based and merit-based admissions. Candidates must meet the eligibility criteria for MBA programme applications. Below is a table with an overview of NITIE courses, eligibility, and selection criteria.

Courses	Eligibility
MBA/PGDM	Graduation : 60 % Exams : CAT
PG Diploma	Graduation : 60 % Exams : GATE

IIM Mumbai MBA students are taught Supply Chain Management, Business Strategy with Sustainability, Safety Management, Environmental Management, and Corporate Social Responsibility. MBA students can become Product Managers, Marketing Analysts, Business Operations Managers, or can take up any job role relevant to their field and interest. MBA students are placed in top companies such as Microsoft, Goldman Sachs and Pine Labs,  and others. 

IIM Mumbai offers various courses, namely Post Graduate Diploma in Industrial Engineering (PGDIE), Post Graduate Diploma in Industrial Management (PGDIM) and Post Graduate Diploma in Sustainability Management (PGDSM), Post-Graduate Program for Executives for Visionary Leadership for Manufacturing (PGPEX-VLFM) and Fellow programme. Apart from this, the institute also offers certificate and global certificate programmes to its students.

IIM Mumbai is a good institution when it comes to academics as claimed by its alumni. Faculty at IIM Mumbai are well-qualified and the students of this institute get a chance to work on research projects along with the professors. IIM Mumbai has been ranked 6th under ‘Management’ category by the NIRF in 2025. 

Earlier, there was no IIM in Mumbai. But now NITIE Mumbai has been renamed to IIM Mumbai. The institute has been ranked 15 under ‘Management’ category by the NIRF in 2025. NITIE has always been at par with IIMs when it comes to Management category rankings. As per the report by Hindustan Times "As per the gazette published by the Ministry of Law and Justice, NITIE will continue to function until a new board is constituted for IIM under this act. After the constitution of a new board under this act, the old board will dissolve."

Yes, IIM Mumbai offers hostel facilities to students. PGDIM, PGDIE, PGDSM are residential programmes and staying in the hostel helps develop their socio-cultural horizons. The hostels are really one of the best in the country. All the rooms at IIM Mumbai are well furnished single occupancy with attached bathrooms.

 See the pointers below to know the CAT registration process.

• Go to the official website of CAT at iimcat.ac.in and click 'new registration'
• Enter name, date of birth, nationality, phone number and email ID to register
• Log in with the ID received in email to complete the application form
• Enter personal and academic details
• Upload a recent passport-size photo and scanned signature
• Select preferred courses and IIMs, including IIM Mumbai 
• Select test city preference for exam centre allotment
• Pay the application fee using a credit or debit card or net banking

Yes, CAT 2025 exam will be conducted in three shifts. The exam was earlier conducted in 2 shifts, but since 2020, the CAT is conducted in three shifts - morning, afternoon and evening. In CAT 2025 too, there will be three slots which will be allotted to applicants in no particular order.

CAT exam slot timings will be -

• First shift: 8:00 AM to 10:00 AM, 
• Second shift: 12:00 PM to 2:00 PM and 
• Third shift: 4:00 PM to 6:00 PM.

Being one of the renowned institutes of India, IIM Mumbai has been ranked by multiple organisations. Check below IIM Mumbai NIRF ranking:

• 15th in the NIRF Ranking 2025 (Management category)

Established in 1963, NITIE Mumbai has now been renamed to IIM Mumbai. Indian Institute of Management, Mumbai (formerly known as NITIE Mumbai) is a Management institute located in Mumbai, Maharashtra. The institute has been ranked 6 under ‘Management’ category by the NIRF in 2025. 

For PGDIM course admission, candidates must have satisfy the eligibility criteria and appear for the CAT entrance exam. Indian candidates are shortlisted for the group discussion (GD) and personal interview (PI) process based on their valid CAT scores subject to meeting the minimum eligibility criteria. On the other hand, international candidates are shortlisted for the group discussion and personal interview process based on GMAT scores, IELTS/ TOEFL (applicable for foreign candidates) and 60% aggregate marks in the qualifying degree.

Hello, cConsidering the rankings among all the IIMs, it ranks sixth after Ahmedabad, Kolkata, Bangalore, Lucknow, and Kozhikode. Though there isn't a huge difference between it and the latter two. As compared to the new and baby IIMs, it is definitely much better.