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.
| Category | VARC | DILR | QA | Total |
|---|---|---|---|---|
| General | 80 | 80 | 80 | 90 |
| EWS | 70 | 70 | 70 | 80 |
| NC-OBC | 65 | 65 | 65 | 78 |
| SC | 50 | 50 | 50 | 65 |
| ST | 40 | 40 | 40 | 55 |
| PwD | 40 | 40 | 40 | 55 |
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.
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.
"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."
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