Indian Institute of Management Mumbai Vihar Lake Answered Questions

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 below:ParticularsPGP Placement Statistics (2021)PGP Placement Statistics (2022)the highest packageINR 44 LPAINR 49 LPAAverage packageINR 19.5 LPAINR 25.4 LPAMedian packageINR 18 LPAINR 22 LPACompanies participated125107New recruiters3623PPOs made132157 

IIM Mumbai offers Executive Certificate Program in Advanced Project Management and Analytics. This programme addresses the pressing need for individuals who can successfully manage projects within time, cost, and quality constraints using advanced analytic techniques. With a distinguished faculty and extensive research and consulting experience in project management, IIM Mumbai aims to enhance project performance across industries and develop competency in this domain. This industry-focused programme provides executives with the prevailing knowledge, behavioral skills, processes, tools, and techniques necessary to excel in project management and meet the evolving demands of the VUCA environment.Selections will be based on a detailed Profile of the Candidate in his own words elaborating on his Academic record, Profile, Designation, Salary, Roles, Responsibilities, Job Description, and a write-up on “Expectations from the Programme”.A short test might be conducted to test the aptitude of the participants.Project Management is a critical field for organizations worldwide, with a projected demand for 25 million new professionals by 2030, according to PMI’s 2021 report. 

NITIE (National Institute of Industrial Engineering), Mumbai which was established in the year 1963 by the Govt. of India with the assistance of UNDP and ILO has now been named IIM, Mumbai. The change was made on July 12th, 2023 after the Union cabinet approved an amendment to the IIM Act, making it the second IIM (Indian Institute of Management) in Mumbai, Maharashtra alongside IIM Nagpur. The institute celebrated its Diamond Jubliee completion this year and has been ranked 7th in the Management category by NIRF.

IIM Mumbai is one of the top colleges and offers various courses. The University has a well-qualified faculty and has good knowledge regarding everything and they are friendly also. The university has the topmost recruiters and provides a good placement there are a total of 161 recruiters in the college. The top recruiters of the college are Apple, Zepto, Accenture Strategy Wipro, etc. The placement sector of the college includes Consulting, BFSI, FMCG, Pharma and Healthcare, Manufacturing, Retail & Ecommerce, and Logistics. The placement rate of the university is nearly 98%. The highest placement record of the college is nearly 78.20 LPA and the average placement is nearly 25.57 LPA. 

The key highlights of IIM Mumbai placements 2024 are presented below:Particulars Placement Statistics (2024)Highest packageINR 54 LPATop 10% average packageINR 47.29 LPATop 20% average packageINR 40.71 LPATop 50% average packageINR 33.84 LPACompanies visited180 (67 new recruiters)PPOs offered170Average package (for PPOs)INR 29.44 LPAMedian package (for PPOs)INR 28 LPAPPO percentage38.11%

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 packageINR 54 LPAAverage packageINR 26.2 LPATop 50% packageINR 34.1 LPATop 25% packageINR 44 LPAPlacement rate100%

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)Manufacturing19%Consulting18%FMCG16%IT/Product Management13%BFSI10%Retail/ E-commerce10%Pharma3%Others11%

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 stipendINR 4.8 LakhAverage stipendINR 2.27 LakhMedian stipendINR 2 LakhCompanies participated165New recruiters38Batch strength480Earlier, 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)PGDIEINR 2.2 LakhINR 1.12 LakhINR 0.25 LakhPGDIMINR 2.2 LakhINR 1.27 LakhINR 0.25 LakhPGDSMINR 2.0 LakhINR 1.35 LakhINR 0.8 Lakh

The sector-wise average package offered during IIM Mumbai placements 2024 is presented below:Sector Average Package (2024)Retail & E-CommerceINR 34.84 LPAConsultingINR 31.30 LPAFMCGINR 30.83 LPAOthersINR 27.11 LPAFurther, 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 packageINR 45.37 LPAINR 46.59 LPAINR 47.29 LPATop 20% average packageINR 38.59 LPAINR 42.08 LPAINR 40.71 LPATop 50% average packageINR 31.33 LPAINR 39.70 LPA (Top 30%)INR 33.84 LPA

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 packageINR 60 LPAINR 50 LPAAverage packageINR 32 LPAINR 36 LPAEarlier, the key highlights of IIM Mumbai DGMP placements 2022 are presented below:Particulars DGMP Placement Statistics (2022)Highest packageINR 20 LPAAverage packageINR 16.6 LPAMedian packageINR 16 LPATop 25% packageINR 20 LPATop profiles offeredBusiness Consultant, Supply Chain Analyst, Management Consultant