Indian Institute of Management Mumbai Vihar Lake Answered Questions

Yes, non-engineering students are admitted to IIM Mumbai, also called IIM Nagpur, for its numerous programmes. The university does not restrict admittance to those with an engineering degree and supports diversity within its student group. We invite applications from students with a variety of academic backgrounds, including commerce, science, and the humanities. For example, applicants from different fields are welcome to apply to the flagship course, the Post Graduate Programme (PGP) in Industrial Management. A comprehensive assessment based on job experience, CAT results, academic standing, and in-person interviews is part of the selection process. The cost of the programme is about 12.5 Lacs Indian rupees. In the classroom, this inclusive approach fosters broader viewpoints and creative thinking by ensuring a rich and diverse learning environment.

In addition to the Post-Graduate Programme for Executives for Visionary Leadership for Manufacturing (PGPEX-VLFM) and Fellow programme, IIM Mumbai offers a variety of courses, including Post Graduate Diplomas in Industrial Engineering (PGDIE), Post Graduate Diplomas in Industrial Management (PGDIM), and Post Graduate Diplomas in Sustainability Management (PGDSM). In addition, the institute provides its students with certificate and global certificate programmes.

With support from the International Labour Organisation (ILO) and the United Nations Development Programme (UNDP), the Government of India founded IIM Mumbai, formerly known as NITIE, in 1963. IIM Mumbai is frequently listed as one of India's best B-schools. In the National Institutional Ranking Framework (NIRF) rankings for 2022, IIM Mumbai is placed ninth out of all management institutes in India. INR 51 LPA was the highest compensation offered during the IIM Mumbai placements of 2023–2024, and INR 31 LPA was the average package. According to student reviews on the Shiksha website at IIM Mumbai, there aren't any such drawbacks mentioned.

Yes, the Indian government did indeed found an IIM in Mumbai in 1963. In the Management category, NIRF 2023 has IIM Mumbai rated seventh. According to the Times Higher Education 2023 Impact ranking, the college is ranked between 400 and 600. Students can enrol in PG programmes at IIM Mumbai in addition to other courses. The college offers full-time residential curricula for all of its offerings.

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 packageINR 54 LPATop 10% average packageINR 47.29 LPATop 20% average packageINR 40.71 LPATop 50% average packageINR 33.84 LPAAverage package (for PPOs)INR 29.44 LPAMedian package (for PPOs)INR 28 LPA

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)PGDIE192192PGDIM277277PGDSM1616

When comparing IIM Mumbai and the Indian Institute of Technology (IIT) Bombay for MBA programs, it is important to note that IIMs are renowned for their management education, while IITs, including IIT Bombay, focus more on technical and engineering disciplines. IIMs like IIM Ahmedabad are highly ranked and considered top choices for MBA programs. On the other hand, IIT Bombay's MBA programme is more technical in nature and may lack the traditional touch of a business school MBA.In summary, if you are looking for a traditional MBA programme with a strong focus on management education, IIM Mumbai would be a preferred choice. However, if you are interested in a more technical or specialised MBA programme with an engineering background, IIT Bombay could be a suitable option. Ultimately, the choice between the two institutions depends on your career goals and preferences regarding the type of MBA programme you wish to pursue. 

The latest cutoff information for admission to MBA at IIM Mumbai is generally between 98 to 100 percentile. The CAT cutoff for IIM Mumbai admission is expected to remain high for the 2024 intake. The application deadline for IIM Mumbai for the 2024-26 MBA programme was February 2, 2024. Candidates must have a valid CAT 2023 score for admission to MBA programs at IIM Mumbai. The selection process at IIM Mumbai includes shortlisting based on CAT scores and eligibility criteria, followed by Personal Interviews (PI) and final selection based on a composite score considering various factors like CAT score, PI performance, academic record, and more. 

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 like Microsoft, Goldman Sachs, Pine Labs, Meesho, and others have participated in the recruitment process at IIM Mumbai. The institute's new status as an Indian Institute of Management has positively impacted its placements, attracting high-value companies and offering diverse opportunities to students. Microsoft, for instance, visited IIM Mumbai for the first time and offered the highest annual pay package of Rs 51 Lacs. The institute's curriculum is designed to meet current industry needs by integrating digital technology across management disciplines, enhancing students' readiness for the job market. Overall, IIM Mumbai's placements reflect a robust and dynamic environment that provides students with excellent career prospects and opportunities for growth.