

IIM Mumbai Placements 2025: Highest Package, Average Package, Top Recruiters
- Public/Government Institute
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IIM Mumbai Placement Overview 2025
The highest package offered during the IIM Mumbai placements 2025 was INR 54 LPA as per the media reports. There were 100% placements this season.
Moreover the highest package offered during the placement drive 2024 was INR 54 LPA. In total, 180 companies took part during the placement drive.
Check out the table for the IIM Mumbai placements in comparision to other IIMs:
|
IIM Name |
Highest Package -2023 |
Average Package -2023 |
|---|---|---|
|
IIM Mumbai |
INR 78.20 LPA |
INR 39.70 LPA (top 30% of the batch) |
|
NA |
INR 35.31 LPA |
|
|
INR 146 LPA |
INR 34.45 LPA |
|
|
INR 115 LPA |
INR 35.07 LPA |
(3 students)
Commonly asked questions On Placement Overview
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 |
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 |
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 |
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 Placement Report 2025
The highest package offered during the IIM Mumbai placements 2025 was INR 54 LPA as per the media reports. In total, 198 companies visited the campus. The placement rate recorded was 100% for the PGP batch 2023-2025.
Check out the IIM Mumbai placements 2024 given 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% |
Download: IIM_Mumbai_PGP_Final_Placement_Report_2024_Batch IIM_Mumbai_Summer_Placement_Report_2023-25
Commonly asked questions On Placement Report
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% |
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
The top 10 percent of students received an average package of INR 47.5 LPA during the IIM Mumbai placements 2025. While, the top 20 percent and 50 percent average packages offered were INR 41.2 LPA and INR 34.1 LPA, respectively.
Check out the sector wise average packages offered during the IIM Mumbai placements 2024 from the table 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
Some of the top companies that were part of the IIM Mumbai placements are given below:
|
IIM Mumbai Top Recruiters 2024 |
|
|---|---|
|
Amazon |
ITC |
|
EY |
KPMG |
|
Flipkart |
Microsoft |
|
Godrej |
Deloitte |
|
Coca Cola |
Genpact |
Top Recruiters
Commonly asked questions On IIM Mumbai Average Placement
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 |
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
During the 2025 placement season at IIM Mumbai the highest package offered to the PGP graduates was INR 54 LPA. Moreover, 100% of students got placed during 2025.
Further, 180 companies took part during the IIM Mumbai placements 2025. These companies offered 170 PPO's to the students. The average and median packages offered were INR 29.44 LPA and INR 28 LPA, respectively.
During the 2025 placement season at IIM Mumbai the highest package offered to the PGP graduates was INR 54 LPA. Moreover, 100% of students got placed during 2025.
Further, 180 companies took part during the IIM Mumbai placements 2025. These companies offered 170 PPO's to the students. The average and median packages offered were INR 29.44 LPA and INR 28 LPA, respectively.
| Particulars | Statistics (2024) |
|---|---|
| Highest Salary | ₹ 54 L |
| PPOs Offered | 170 |
| Companies Visited | 180 |
| Average Salary for top 10% | 4729000 |
| Average Salary for top 50% | 3384000 |
IIM MumbaiMBA/PGDM Placement Comparison
| Colleges | Average Package (2024) | Highest Package (2024) | Placement Rate (2024) |
|---|---|---|---|
| -/- | 54 LPA | -/- | |
| 28.01 LPA | 72 LPA | 100% | |
| 15.01 LPA | 36.5 LPA | -/- | |
| 23.41 LPA | 50 LPA | -/- |
Commonly asked questions On IIM Mumbai MBA/PGDM Placements
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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IIM Mumbai Placement FAQs
Check IIM Mumbai placements FAQs below:
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 |
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:
| Category | VARC | DILR | QA | Overall 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 |
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:
- Check the Read syllabus and exam pattern
- Solve as many CAT Mock Tests as possible. Choose href="https://www.shiksha.com/mba/cat-exam-mocktest">Choose rel="noopener" aria-label="Link Download free practice questions & answers">Download FREE Mock Test papers & solutions!
- Solve previous year's Choose>for thorough revision to reduce the scope of mistakes
- Choose>Choose the right reference book
- Choose>Read books, editorials, newspapers, and journals to improve your vocabulary and reading skills.
| Read questions with answers | DI & LR questions with answers | exam1 Aptitude questions with answers |
Read more about the CAT preparation strategy
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 Management | CAT |
| PGDM at Sustainability Management | CAT |
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.
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.
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.
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.
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 |
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).
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
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.
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.
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.
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
IIM Mumbai
Student Forum
Answered a year ago
A
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
L
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 |
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
N
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
P
Contributor-Level 10
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Updated on May 26, 2025
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