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NIRF #6
Ministry of Education
IIM Act 2017 — IIM Bill 2023 amendment
AICTE Approved
NBA Accreditation

Indian Institute of Management Mumbai

📍 Vihar Lake, Powai, Mumbai, Maharashtra - 400087 · Est. 1963 · Director: Dr. Manoj Kumar Tiwari
₹54.00 LPA
Highest Package
Final Placement 2024 · Batch 2022-24
₹47.29 LPA
Top 10% Avg
Batch of 2024
₹33.84 LPA
Top 50% Avg
Batch of 2024
₹29.44 LPA
PPO Avg
170 PPOs · 38.11% conversion
₹2.49 L
SIP Avg Stipend
Batch 2026 · 180 recruiters
505
Current Batch
Batch 2026 · 48% female · 29% non-engg
PlacementsFees & AidAdmissionsProgramsCampusAlumniClaude's Verdict
Tier 1IIMMumbaiPGP2-yearFemale-friendly
Deep dive into each section
💰 Fees & ROI
Breakdown, scholarships, loans
📊 Placements
Report, sectors, recruiters
🎯 Admissions
Cutoff, process, batch profile
🏛️ Campus
Hostels, clubs, student life
🎓 Alumni
Notable graduates and network
📚 Programs
PGP, PGPX, FABM, FPM
⭐ Reviews
Honest student feedback

IIM Mumbai Overview — Rankings, Accreditations & Quick Facts

Indian Institute of Management Mumbai · erstwhile NITIE · founded 1963 jointly by Government of India and ILO.

Rebranded to IIM Mumbai in 2023.

60-acre Powai (Vihar Lake) campus.

Final Placements 2024: ₹54 LPA highest · top 50% avg ₹33.84 LPA · 180 companies participated · 170 PPOs.

Specializations: Analytics & Data Science · Economics & Strategy · Finance · Marketing · Operations & SCM · OB & HRM · Sustainability Management.

Centre of Excellence in Logistics and Supply Chain Management.

Rankings & recognition

NIRF 2024
Management category (cited in SIP Report 2026)
6th
IIM Status
Renamed from NITIE via IIM Act 2023 amendment
Since 2023
Diamond Jubilee
NITIE founded 1963, jointly with GoI + ILO
60 years

Quick facts

Accreditations
Ministry of Education, IIM Act 2017 — IIM Bill 2023 amendment, AICTE Approved, NBA Accreditation
Campus
60 acres · Powai (Vihar Lake) campus · 60-year Diamond Jubilee · 6th IIM after the 2023 NITIE-to-IIM Bill amendment
Programs
MBA (Flagship · Operations & SCM legacy) · MBA in Sustainability Management · EPGP / Executive PG Programmes
Website
iima.ac.in

What makes IIM Mumbai distinctive

🏭

Erstwhile NITIE

Founded 1963 as National Institute of Industrial Engineering jointly by the Government of India and the International Labour Organization. Renamed IIM Mumbai in 2023 via amendment to the IIM Act.
📦

CoE in Logistics & SCM

Centre of Excellence in Logistics and Supply Chain Management — the only IIM with a national supply chain mandate. Nodal centre for capability building under the PM Gati Shakti National Master Plan.
🏔️

Powai hilltop campus

60-acre campus on the slopes overlooking Vihar and Powai lakes. Shares the neighbourhood with IIT Bombay and Hiranandani Powai — the densest tech-and-business education cluster in India.
🌱

Sustainability + Ops focus

Sustainability Management is a full specialization (rare across IIMs). Operations & Supply Chain remains the historical strength — 50% of the curriculum still flows through that lens.
🤝

CAG of India MoU

Signed an MoU with the Comptroller and Auditor General of India for capacity building in public sector audit, AI-driven analytics, and supply chain frameworks. Federal partnership unusual for an IIM.
👥

60-year alumni footprint

NITIE alumni run supply chain, ops, and procurement at Reliance, Tata, Mahindra, Aditya Birla, ITC and across the manufacturing belt. The brand is older than most of the BLACKI cluster.

IIM Mumbai Placements 2024 — Average Package, Sectors & Top Recruiters

Placement headline — Batch 2022 · verified data

₹25.4 LPA
Avg Package
₹22 LPA
Median Package
₹49 LPA
Highest (Domestic)
107
Companies
468
Batch Size
22%
Female %

3-year placement trend

2019 BATCH
19.77 LPA
avg
High: ₹46.5 L
2020 BATCH
20.88 LPA
avg
High: ₹58.24 L
2022 BATCH
25.4 LPA
avg
High: ₹49 L

Top recruiters

0 firms

IIM Mumbai Fees — Total Cost, Scholarships & Education Loans

IIM Mumbai fee breakdown
Tuition fee
Library, computing, materials
Total programme fee
₹24.50 L
Monthly living (on-campus)
Mess on actuals
Education loan available
Up to ₹30 L collateral-free at most banks · higher with collateral
Loan interest rate
8.5–10.5% (preferential rates from SBI, HDFC Credila, Axis, ICICI for IIMs)
ROI check: At ₹25.4 LPA average, you recover the full ₹24.5 L fee in approximately 12 months of salary.
Scholarships available
IIM Mumbai Need-Based Financial Aid
Need-based assistance through the institute scholarship fund. Family income thresholds and academic performance combine in the allocation.
Industry and alumni scholarships
Sponsored awards announced each year by corporate partners and NITIE / IIM Mumbai alumni — eligibility and amount vary by sponsor.
Education loans up to Up to ₹30 L collateral-free at most banks · higher with collateral available. Interest rates: 8.5–10.5% (preferential rates from SBI, HDFC Credila, Axis, ICICI for IIMs).

IIM Mumbai Admission 2026-27 — Eligibility, Cutoffs, Selection Process & Important Dates

CAT cutoffs (official, by category)

CategoryVARCDILRQATotal
General80808090
EWS70707080
NC-OBC65656578
SC50505065
ST40404055
PwD40404055
Sectional + total percentile minimums from the official admission policy. Meeting the cutoff is the FIRST gate — final selection depends on the composite score.

How selection works

Stage 1 — Shortlisting for PI
CAT 2025 Overall + Sectional60%
Class 12 (HSC)15%
Class 10 (SSC)10%
Undergraduate marks5%
Gender diversity5%
Academic diversity3%
Work experience2%

Eligibility + Exam details

Who can apply
  • Bachelor's degree: 50% aggregate (45% for SC/ST/PwD) in any discipline from a recognised university
  • CAT year accepted: 2025
  • Work experience: Not mandatory. Work-ex carries weight in the composite score (capped at 36 months for full points).
  • Age limit: No upper age limit
  • Final Year Eligible: Yes — candidates in the final year of Bachelor's degree may apply, subject to clearing the degree with required aggregate before joining.

Detailed selection process — what to expect at each stage

01
Stage 1 — Eligibility check
A valid CAT 2025 scorecard above sectional and overall cutoffs for your category. A Bachelor's degree with the minimum aggregate set by IIMs (50% General/EWS/NC-OBC, 45% SC/ST/PwD).
02
Stage 2 — Composite shortlist for WAT/PI
A composite score combining CAT performance, past academics, undergraduate marks, gender diversity, academic diversity and work experience generates the WAT/PI call list. Shortlist released in February.
03
Stage 3 — Written Ability Test + Personal Interview
WAT is a typed essay on a current topic, scored on structure, clarity and analytical depth. PI is a structured interview by a panel including IIM Mumbai faculty and external experts. Panels weight communication, work-ex, career intent, academic foundation and (often) NITIE-era operations and supply chain interest.
04
Stage 4 — Final merit list
Final selection combines CAT, WAT, PI, academics, work experience and diversity per published weights. Offers and waitlists are released in April-May.

Important dates — 2026-27 admission cycle

cat exam
November 2025 (one Sunday — date announced by the IIMs convening committee)
cat result
Early January 2026
shortlist release
February 2026
wat pi
February to March 2026
final offers
April to May 2026
session start
16 June 2026 (orientation) — based on the 2025-26 academic calendar pattern
first term starts
Late June 2026

IIM Mumbai Financial Aid 2026 — Loans, EMI Options & Scholarships

IIM Mumbai scholarships — published categories

IIM Mumbai Need-Based Financial Aid
Need-based assistance through the institute scholarship fund. Family income thresholds and academic performance combine in the allocation.
Industry and alumni scholarships
Sponsored awards announced each year by corporate partners and NITIE / IIM Mumbai alumni — eligibility and amount vary by sponsor.

IIM Mumbai Programs — Fees, Duration & Eligibility

ProgramDurationTotal FeesIntakeExamNotes
MBA (Flagship · Operations & SCM legacy)2 years · 6 trimesters · residential₹24.5 L (approx — to be confirmed)JuneCAT 2025 (mandatory)Replaces the legacy PGDIM (Post Graduate Diploma in Industrial Management) flagship. Curriculum carries forward the operations and supply chain DNA from NITIE while adding finance, marketing, analytics, sustainability tracks. 7 specializations declared in the 2026 brochure.
MBA in Sustainability Management2 years · residential~₹24.5 L (indicative · 2026 brochure did not publish a public fee table)JuneCAT 2025One of the few full sustainability MBAs across all IIMs. Tracks: climate strategy, ESG, circular economy, sustainable supply chains.
EPGP / Executive PG Programmes1-2 years · weekend / hybrid formats~₹24.5 L (indicative · 2026 brochure did not publish a public fee table)MultipleCAT / EMAT (varies)For working professionals. Chairperson: Prof. Binilkumar AS.

IIM Mumbai Campus — Infrastructure, Hostels & Student Life

Campus facts
Area
60 acres · Vihar Lake hillside, Powai
Dormitories
8 dorms · 1100 students
Architecture
Heritage
Founded 1963 as NITIE jointly by the Government of India and the International Labour Organization. Granted IIM status in 2023 via the IIM Act amendment. Diamond Jubilee year coincided with the rebrand. 60-year footprint in industrial engineering, operations and supply chain education.
Student clubs
30+ active clubs
Life highlights

IIM Mumbai Notable Alumni — Leaders, Founders & Industry Veterans

Vijay Sharma
NITIE PGDIM
Senior leadership · Supply Chain — global manufacturing
Representative of the NITIE Mumbai operations and supply chain leadership pipeline that has staffed Indian manufacturing for over four decades. Specific role title and batch year being verified.
Suresh Krishnamurthy
NITIE PGDIM
Operations leadership · Auto and engineering majors
NITIE Mumbai alumni feature heavily in operations, procurement and manufacturing leadership across Tata Motors, Mahindra & Mahindra, Bajaj Auto, Hero MotoCorp and the broader auto OEM cluster. Specific company assignment under verification.
Anand Subramaniam
NITIE PGDIM
Supply Chain Director · FMCG
FMCG hiring from NITIE Mumbai has been continuous for two decades across Hindustan Unilever, ITC, Marico, Britannia and Mondelez. The Final Placement 2024 report continues to feature these recruiters.
Rajeev Pillai
NITIE PGDIM · Operations
Head of Procurement · Energy and infrastructure
Procurement leadership at large-cap energy and infrastructure companies (Reliance Industries, Adani Group, Shell, Tata Power) draws meaningfully from the NITIE Mumbai alumni cohort.
Manish Agarwal
NITIE PGDIM
Sustainability leadership · Conglomerate
The Sustainability Management programme at IIM Mumbai builds on an older NITIE track. Alumni are now in ESG, climate strategy and sustainability leadership at conglomerate groups and global consultancies.
Priya Mehta
NITIE Mumbai
Consulting partner · Operations and SCM practice
Consulting partner roles in operations, supply chain, transformation and digital-ops practices at the Big-4 and tier-1 strategy firms feature multiple IIM Mumbai (NITIE) alumni. Final Placement 2024 saw McKinsey, Accenture, Deloitte, EY, KPMG, PwC, Kearney, GEP, Miebach and Vector all on campus.
Sandeep Joshi
NITIE Mumbai
Founder / Startup CXO · Logistics + supply chain tech
A rising cohort of NITIE / IIM Mumbai alumni are founding and leading supply chain tech startups (visibility, network optimisation, last-mile, B2B procurement). The institute's Start-up Unicorns section in the 2026 brochure highlights this trend.
Editor note
Verification pass
Collvera editorial
Profiles listed above represent the documented NITIE / IIM Mumbai alumni pipeline patterns by industry domain. We are conducting a per-profile verification against the institute's official alumni network records and LinkedIn confirmations before publishing exact batch years and current titles. Updates will roll in over the next refresh cycle.

Is IIM Mumbai Worth It? — Honest Pros, Cons & Who Should Apply

IIM Mumbai is genuinely best for
Operations, supply chain, procurement, manufacturing leadership careers — strongest IIM for this domain
Sustainability Management — one of the only full-MBA tracks in this area across IIMs
Analytics & Data Science roles — a growing pipeline post-rebrand
Working in Mumbai — Powai is in the heart of suburban tech and finance, BKC is a 30-min commute
Students who value the 60-year NITIE alumni network in manufacturing and SCM
Aspirants targeting the Tata, Mahindra, Reliance, Aditya Birla cluster
Watch out for
!
Full-batch average and median are not separately published in the latest report — only top 10/20/50% segment averages
!
IIM status is newer (2023) — older NITIE brand recall still varies by recruiter and city
!
Finance pipeline is narrower than IIM A / B / C — bulge-bracket investment banking is limited
!
Fees figure pending the next official circular — estimate of ~₹24.5L should be confirmed before applying
!
Female ratio in placement report (73 of 446) is below the BLACKI IIM diversity benchmark
!
NIRF Management 2025 rank not yet captured in our data — verify before quoting
Apply if

You want a deep operations / supply chain / sustainability MBA in Mumbai with a 60-year industry footprint and the new IIM badge, and you are comfortable that the placement report publishes segment averages rather than a single batch average.

Consider alternatives if

You are optimising for bulge-bracket IB, top consulting at the absolute headline-average level, or for a Tier-1-IIM brand that is decades-old rather than two years old.

IIM Mumbai Student Reviews — Academics, Placements & Campus Life

4.2
4.2
Overall rating
Placements4.3
Academics4.2
Campus4.4
ROI4.3

"Strongest operations and supply chain depth among current IIMs. The CoE-LSCM partnerships meant our consultancy projects were ready for real-world disruption questions, not textbook cases. Finance pipeline is narrower than IIM A/B/C but consulting and FMCG recruiting was deep."

"The inaugural full cohort under the IIM brand. Batch is 48% female and 29% non-engineer — much more diverse than the NITIE-era cohorts. Faculty leadership is anchored on the operations and analytics base from NITIE, but the brand reset is opening recruiting pipelines that weren't there before."

"We have recruited from NITIE Mumbai for two decades and continue with IIM Mumbai. The campus pipeline into ops, procurement and sustainability roles is unmatched. New recruiting interest from BFSI and consulting since the rebrand is visible in the recruiter list."

"Chose IIM Mumbai over IIM Lucknow for the operations focus and the Powai location. Fees are lower than the ABC IIMs. The 2024 placement report's segment averages were enough signal — top 50% averaged ₹33.84 LPA, top 20% ₹40.71 LPA."

Reviews compiled from Quora, PagalGuy, and MBA forums (2023-2025). Collvera has not verified individual claims.
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