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

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IIM Mumbai Placement
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IIM Mumbai Placement
Table of contents
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  • IIM Mumbai Placement Overview 2025
  • IIM Mumbai Placement Report 2025
  • IIM Mumbai Average Package 2025
  • IIM Mumbai NIRF Placement Report
  • + 2 more items

IIM Mumbai Placement Overview 2025

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On Placement Overview
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

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

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

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

IIM Mumbai
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IIM Mumbai Placement Report 2025

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Commonly asked questions
On Placement Report
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%

Q:   Who are the top recruiters of IIM Mumbai?
A: 

The list of top recruiters of NITIE Mumbai in 2022 is presented below:

American Express

Dabur

Asian Paints

Pidilite

Accenture

Philips  

HUL

Amazon

ITC

CISCO

IIM Mumbai Average Package 2025

Top Recruiters

American Express
Deloitte
KPMG
McKinseyCompany
Dabur
Hindustan Unilever
CapGemini
Apollo
Adani Group
Cipla
Amazon
Myntra
Flipkart
Gap Inc
PayTM
Walmart
Daimler
Samsung
Larsen and Toubro
Schlumberger
DCM Technologies
Lenovo
SCHNEIDER ELECTRIC
Mahindra Group
Siemens
Barclays Bank
JP Morgan Chase
YesBank
BMW
Asian Paints
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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?
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

Q:   What is the total fee for MBA at IIM Mumbai?
A: 

The total tuition fee of IIM Mumbai varies from one course to another. Other than the course fee, students are required to pay the registration fee which is INR 1,000 for most courses and INR 500 for reserved category. The below table mentions IIM Mumbai fee for top courses:

Courses

Total tuition Fees

MBA/PGDM

INR 8.5 lakh

PG Diploma

INR 6.4 lakh - INR 12.5 lakh

Note: The above-mentioned fee is taken from an unofficial source. Hence the information may vary. 

 

IIM Mumbai MBA Placements

ParticularsStatistics (2024)
Highest Salary
Info Icon
₹ 54 L
PPOs Offered
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170
Companies Visited
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180
Average Salary for top 10%4729000
Average Salary for top 50%3384000
Info IconSource : Official Website
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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?
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%

IIM Mumbai
NIRF Placement Report

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Management
IIM Mumbai PG - 2 years NIRF Placements Data: ManagementAccordion Icon V3
PG 2 years2021-222022-232023-24
Median salary
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31 LPA32 LPA33 LPA
% Students Placed
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100%100%100%
Students placed521490536
% Passing Students100%100%100%
Students admitted
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521490536
Students graduated
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521490536
Info IconSource : NIRF Report 2025
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IIM Mumbai
Students Ratings & Reviews

4.6/5
Verified Icon3 Verified ReviewsInfo Icon
Placement Review IconPlacements4.7
Infrastructure Review IconInfrastructure4.7
Faculty Review IconFaculty & Course4.3
Crowd Review IconCampus Life5
Money Review IconValue for Money4.3
What students say about Indian Institute of Management Mumbai
Placements
Infrastructure
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Reputed companies like Google, Amazon, HUL, ITC, Nestle, Mondelez, Marico, JnJ, General Electric, Deloitte, ICICI, Yes Bank, Asian Paints, Castrol, Philips, AbInBev, regularly visit the campus.
Based on 17 Reviews
A
AnonymousVerified Icon
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
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A
AnonymousVerified Icon
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
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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
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A
ajay kamble
Master Of Business Administration (MBA) - Batch of 2022
5
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
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IIM Mumbai Placement FAQs

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%

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

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.

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%

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

Q:   What is the IIM Mumbai CAT cutoff?
A: 

IIM Mumbai cutoff 2023 for MBA is based on CAT 2023 exam. IIM Mumbai will be releasing two types of CAT cutoffs, namely the Qualifying CAT cutoff and the Final CAT cutoff. For IIM Mumbai admissions 2024, the Qualifying IIM cutoff is set at more than or equal to 80 Percentile, while the sectional cutoffs are established between 75 and 80 Percentile for the General category candidates. The Qualifying CAT cutoffs for IIM Mumbai are released for other category candidates as tabulated below: 

CategoryVARCDILRQAOverall Percentile Rank
OPEN≥80≥80≥75≥85

NC-OBC

≥70≥65≥65≥75
EWS≥70≥65≥65≥75
SC≥65≥60≥60≥70
ST≥55≥55≥55≥65
PwD≥45≥45≥45≥55
Q:   How do I prepare for CAT to get admission to MBA at IIM Mumbai?
A: 

CAT is a highly competitive exam that is required for admission to IIM Mumbai and other top Management colleges. A well-planned strategy along with a correct approach is essential for admission to MBA courses in India, especially in the Read MBA colleges in India. A prep strategy that will help you qualify the CAT exam for admission to IIM Mumbai is as follows:

Read questions with answersDI & LR questions with answersexam1 Aptitude questions with answers

Read more about the CAT preparation strategy

Q:   What are the various MBA specialisations offered at IIM Mumbai?
A: 

There are two specialisation courses offered by MBA at IIM Mumbai, the names of the specialisation are MBA in Sustainability Management and MBA in Operation and Supply Chain Management. 

Course Accepted Exams 
MBA in Sustainibility ManagementCAT
PGDM at Sustainability ManagementCAT 
Q:   Is IIM Mumbai a good college?
A: 

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. 

Q:   How is the faculty of IIM Mumbai?
A: 

IIM Mumbai has highly qualified faculty. Most of the faculty are PhD and Masters degree holders. CIT also invites faculty for guest lectures and offer an opportunity to students to interact with some of the best personalities. At present, there are more than 100 faculty members and most of them are doctorates.

Q:   When can I apply for MBA at IIM Mumbai?
A: 

IIM Mumbai admission to MBA programme is done basis CAT scores. CAT 2025 exam was conducted on November 30. As per IIM MBA's official website, interested and eligible candidates should apply for 2025-27 admissions.

 
Q:   Which courses are offered at IIM Mumbai?
A: 

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.

Q:   Who is eligible for IIM Mumbai?
A: 

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.

CoursesEligibility
MBA/PGDM
Graduation : 60 %
Exams : CAT
PG Diploma
Graduation : 60 %
Exams : GATE
Q:   What is the application fee of IIM Mumbai?
A: 

The application fee for PGDISEM programme offered at IIM Mumbai is INR 1,000 (INR 500 in case of SC/ ST/ PwD candidates) for applicants from India and SAARC countries. For international applicants, the application fee is 50 USD 50 along with the bank charges (as applicable). 

Q:   What is the ranking of IIM Mumbai?
A: 

Being one of the renowned institutes of India, IIM Mumbai has been ranked by multiple organisations under various categories. Some of the IIM Mumbai rankings are as follows:

  • 7th by the NIRF Ranking 2023 (Management category)
  • 401-600 under the Impact category by the Times Higher Education 2023
Q:   How to check IIM Mumbai CAT cutoff 2023?
A: 

NITIE now known as IIM Mumbai admission 2024 is based on CAT 2023 scores. Candidates aspiring for IIM Mumbai MBA must check the results at the official website of IIMCAT. Candidates, who appeared for CAT 2023 can check the result and download the scorecard by using their CAT login IDs and password. To check the CAT 2023 result, candidates need to follow the below-mentioned steps:

Step 1: Visit the official website of CAT 2023 at iimcat.ac.in.

Step 2: Click on the login button mentioned under the 'CAT 2023 scorecard download'.

Step 3: Enter CAT 2023 ID and password and press 'Enter'.

Step 4: Click on the 'scorecard' tab.

Step 5: Download the CAT result 2023 PDF.

Q:   What is the ranking of IIM Mumbai for MBA?
A: 

Various prestigious ranking bodies have ranked IIM Mumbai in the recent years. In the NIRF rankings 2025, IIM Mumbai secured the #6 position under the 'Management' category. In the 'Management' category, IIM Mumbai ranked in the top 10 in the country for the 3rd consecutive year. Its consistent high rankings reflect that it's one of the top institutions for MBA in the country.

 

Q:   Does IIM Mumbai offers any scholarships?
A: 

IIM Mumbai offers several scholarship schemes to the candidates on a merit and needs basis. The details regarding the same is GATE-qualified students are entitled to Teaching Assistantship (at present INR12400 per month) and contingency expenditure as per rules. SC/ST students are granted Central Sector Scholarship as per the scheme of Govt. of India subject to the satisfactory fulfilment of terms and conditions mentioned therein. Any student entering the postgraduate programme whose total family income does not exceed Rs 2.50 Lacs in the last financial year shall be eligible for 30% tuition fee waiver and 50% waiver of tuition fee if family income does not exceed Rs 1 Lacs in the last financial year shall be eligible for this scholarship.

Q:   How to register for CAT for IIM Mumbai admission?
A: 

 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
qna

IIM Mumbai

Student Forum

chatAnything you would want to ask experts?
Write here...

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

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A

Atul Mishra

Beginner-Level 1

Answered 2 years 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

...Read more

L

Liyansha Jain

Contributor-Level 10

Answered 2 years ago

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

55704139
Anisha Mishra

Contributor-Level 10

Answered 5 months ago

The minimum eligibility criteria required by the IIM Mumbai for admission to MBA courses is candidate must hold a Bachelor's Degree, with at least 50% marks or equivalent CGPA [45% in case of candidates belonging to the Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PwD) cat

...Read more

N

Nupur Madavi

Beginner-Level 5

Answered 7 months ago

To apply for the various scholarships offered at IIM Mumbai, students need to visit the official website of the institute. IIM Mumbai provides various government-aided scholarships to PhD scholars. The links for all of the scholarship portals are made available on the site. Applicants can fill out t

...Read more

P

Piyush Jain

Contributor-Level 10

Content authored by:

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diksha soni

Updated on May 26, 2025