IIM Mumbai Cutoff 2023, Placements, Ranking, Courses Offered, Fee Structure
IIM Mumbai is a public management institute located in Powai, Mumbai, offering postgraduate programs. It has earned recognition as one of India's leading B-Schools for five decades, as acknowledged by MHRD.
Anil Solonki9 Feb, 2024
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IIM Mumbai is a public management institute located in Powai, Mumbai, offering postgraduate programs. It has earned recognition as one of India's leading B-Schools for five decades, as acknowledged by the Ministry of Human Resource Development (MHRD). In the latest rankings, it secured the 7th position in both the NIRF 2023 and IIRF 2023 in the Management Category. NITIE Mumbai provides a variety of degree and certificate courses in Business and Management, including the flagship PGDM program.
The institute's flagship program is the MBA, and admissions are granted through the CAT exam , followed by group discussions and personal interviews, with a CAT cutoff of 97 percentile. Additionally, the institute offers week-long Management Development Programs (MDPs) and unit-based programs (UBPs) in various areas of Industrial Engineering & Management. For the 2-year MBA program at IIM Mumbai (NITIE), the fees amount to INR 14,63,000. For the batch of 2023, the average package was INR 27.75 LPA, and the highest package offered was INR 78.20 LPA. This article has all the details about IIM Mumbai.IIM Mumbai Overview
Established in 1963, the Indian Institute of Management, Mumbai, previously known as NITIE Mumbai, is a management institute located in Mumbai, Maharashtra. It achieved a ranking of 7 in the 'Management' category by NIRF in 2023. Admission to certain PG diploma programs at the IIM Mumbai is based on GATE/CAT results and merit. The institute's placement committee oversees placement activities, and NITIE Mumbai also offers internship opportunities to its students. PG students can secure placements in various organizations with a median salary package of Rs. 19,50,000. Check the table below for more details on the college:| Particulars | Statistics |
| Established Year | 1963 |
| Campus Size | 67 acres |
| Students Intake | 304 |
| MBA Fees | INR 20.4 Lakhs |
| NIRF Ranking 2023 | 7 |
| Number of Courses | 17 |
| Total Faculty | 52 |
| Scholarship |
|
| Highest Package | INR 78.20 LPA (2023) |
| Top Recruiters | Asian Paints, ICICI Bank, IDFC Bank, Bajaj Auto |
IIM Mumbai Admissions 2024
The admission procedure for IIM Mumbai now aligns with the standard protocol followed by other IIMs. Prospective students are required to undergo the CAT/GRE/GMAT examination, followed by a personal interview. To register for CAT 2023, candidates can visit iimcat.ac.in and click on the "Registration" link. The deadline for CAT 2023 registration is September 13, 2023. The IIM Mumbai website boasts a user-friendly interface, facilitating easy access for students to locate the application form for the Indian Institute of Management Mumbai. Applicants can complete the form by supplying the necessary details and then remitting the specified application fee. Further details regarding this process are outlined below.
| MBA / MBA SM / MBA OSM | |
| Event | Dates |
| CAT Registration Starts | August 2, 2023 |
| CAT Registration Ends | September 20, 2023 |
| CAT Admit Card | October 25, 2023 |
| CAT Exam Date | November 26, 2023 |
IIM Mumbai Admission Application Form for 2024
Individuals who aspire to secure admission in the PGDIM and PGDSM programs at IIM Mumbai are required to complete the application process for NITE 2022 online, which can be done through the official website of IIM Mumbai, iimmumbai.ac.in. Before initiating the application for IIM Mumbai MBA, it is strongly recommended that candidates carefully review and adhere to the eligibility criteria. Steps to Complete the IIM Mumbai MBA Application Form for 2024- Begin by visiting the official website, nitie.ac.in, and click on the 'PGDIM or PGDSM' tab, then proceed to the admission portal.
- Register by providing necessary details such as category, CAT/GRE/GMAT registration number, email address, full name, date of birth, and a chosen password. Upon registration, you will receive a confirmation email containing your login credentials.
- Sign in using your email address and password and fill out the application form, providing your personal, academic, and professional information.
- Upload scanned copies of your photograph, signature, and relevant documents following the specifications provided in the application form.
- Submit the application fee, which is Rs. 1000 (or Rs. 500 for SC/ST/PD candidates), through online methods, including credit card, debit card, or net banking.
- After completing the application form, submit it and remember to keep a printed copy for future reference.
- Short-listing: Candidates will be shortlisted based on their CAT/GATE scores and academic records. Expected cutoffs are around 97 percentile for CAT and 95 percentile for GATE.
- Group Discussion and Personal Interview: Shortlisted candidates will be invited to the NITIE campus for group discussions and personal interviews. These evaluations will assess communication skills, analytical abilities, leadership potential, and general awareness.
- Final Selection: The final selection will be determined by a composite score, taking into account academic records, CAT/GATE scores, relevant work experience, and performance in the group discussion and personal interview process.
IIM Mumbai Admission for 2024: Reservation Policy, Mediclaim, and Final Merit List IIM Mumbai adheres to the reservation policy outlined by the Government of India for various candidate categories, including OBC (NCL), SC, ST, and PwD candidates. Seats are allotted according to government-prescribed quotas, with original documentation required during selection rounds to claim reservation. Moreover, 15% of the total seats for PGDISEM are reserved exclusively for sponsored category students, who are working professionals with at least two years of experience, sponsored by their employers. They must complete a sponsorship form available on the IIM Mumbai website along with their application. International students: also benefit from a 15% reservation (in the supernumerary quota) for PGDIM and PGDSM programs. These are students with a valid passport from a country other than India. They need a valid GMAT/GRE score and must meet IIM Mumbai's eligibility criteria, applying online through the official website and paying a US$ 100 application fee.
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IIM Mumbai Placements 2023
The placement results for NITIE (Indian Institute of Management, Mumbai) in 2023 have been announced. The highest package for full-time placements at IIM Mumbai reached INR 78.20 Lakh Per Annum (LPA), and the average package for the same stood at INR 27.75 LPA. A total of 161 recruiters participated in the placement process, which included 46 new recruiters. Furthermore, for the summer internship placements in 2023 at IIM Mumbai, a total of 494 placements were secured. The highest stipend offered for these internships was INR 3.50 Lakhs per month, while the average stipend for IIM Mumbai's summer internships was INR 1.85 Lakhs per month. Check the table below for more details:| Particulars | Placements Statistics (2021-23) | Placements Statistics (2020-22) |
| No. of Recruiters | 161 | 107 |
| First - Time Recruiters | 46 | 23 |
| No. of Students Placed | 129 | 468 |
| Number of PPOs | - | 157 |
| Highest CTC | INR 78.20 LPA | INR. 49 LPA |
| Average CTC | INR 25.27 LPA | INR. 25.4 LPA |
| Median CTC | - | INR 22 LPA |
| Average Package of the top 25% of the batch | - | INR 39 LPA |
| Average Package of the top 50% of the batch | INR 34.04 LPA | INR 31 LPA |
| Placement Sectors | Consulting, FMCG, Retail & E-Commerce | BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce, |
| Top Companies | Apple, Accenture Strategy, Zepto, Wipro | Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited |
IIM Mumbai Placements 2023 Sector-Wise Analysis
According to data gathered by Collegedunia, the consulting sector saw the highest placement of students at 40, followed by the FMCG sector with 30 placements. Apple offered the highest package at INR 78 LPA. When considering the median CTC, the consulting sector stands out as the most attractive option for graduates, enjoying a significant advantage over other sectors. Here is the sector-wise analysis for the batch of 2023 at IIM Mumbai (NITIE):| Sectors | Number of Students Placed | CTC Range |
| Consulting | 40 | INR 17 - 45 LPA |
| FMCG | 30 | INR 20 - 35 LPA |
| Retail / E-Commerce | 19 | INR 22 - 49 LPA |
| Others | 40 | INR 20 - 78 LPA |
| IIM Mumbai (NITIE) Consulting Sector Placements 2023 | ||
| Accenture Strategy | 12 | 35-45 |
| Acuvon Consulting | 2 | 17 |
| Deloitte India | 9 | 23-31 |
| Deloitte USI | 14 | 23-31 |
| EY | 6 | 21-23 |
| Genpact | 2 | 19-24 |
| Kearney | 3 | 22-24 |
| KPMG | 4 | 25-30 |
| McKinsey | 4 | 20 |
| PwC India | 15 | 20-25 |
| ZS Associates | 1 | 20 |
| TAS | 3 | 25 |
| Infosys Consulting | 3 | 18-24 |
| IIM Mumbai (NITIE) FMCG Sector Placements 2023 | ||
| American Express | 1 | 28-33 |
| Dabur | 2 | 31-35 |
| Fidelity | 2 | NA |
| Kotak Mahindra Bank | 8 | 20 |
| L'Oréal | 2 | NA |
| Marico | 1 | NA |
| P&G | 5 | 30-31 |
| Pernod Ricard | 3 | 27 |
| Pidillite | 1 | NA |
| Yes Bank | 3 | 20-23.5 |
| AB InBev | NA | 24 |
| ITC | 2 | 32-33 |
| IIM Mumbai (NITIE) Retail / E-Commerce Sector Placements 2023 | ||
| Flipkart | 6 | 22-25 |
| Prozo | 2 | 28.5 |
| Walmart | 1 | NA |
| Amazon | 10 | 44-49 |
| IIM Mumbai (NITIE) Other Sector Placements 2023 | ||
| TAS | 3 | 25 |
| Accenture Technology | 3 | 23-32 |
| Delivery | 2 | NA |
| GE | 1 | 22 |
| Samsung | 1 | 25 |
| Schneider Electric | 1 | 21.5 |
| Shadowfax | 1 | 20 |
| Wipro | 4 | 20 |
| Zepto | 2 | 35 |
| Apple | 1 | 75-78 |
| RIL | 5 | 24 |
| Adani | 5 | 22-24 |
| UPL | 2 | 20 |
| GAVL | NA | 20 |
| DRL | 9 | 22.5 |
| Jio | 3 | 26-31 |
IIM Mumbai (NITIE) Placements Salary Statistics
In the 2022 placement season at IIM Mumbai's NITIE campus, the top 10% of students secured an average salary of INR 45.37 Lakh per annum, while the top 20% received INR 38.59 Lakh per annum. Furthermore, the top 50% of students attained an average salary of INR 31.34 Lakh per annum, and the top 70% of students had an average salary of INR 28 Lakh per annum. Check the table below for more details:| Particulars | Salary Statistics |
| Top 10% | INR 45,37,000 |
| Top 20% | INR 38,59,000 |
| Top 50% | INR 31,34,000 |
| Top 70% | INR 28,00,000 |
IIM Mumbai (NITIE) Summer Internship Placements 2023 Report
In the 2023 summer internship placements at NITIE, Mumbai's IIM, a total of 494 students secured internship offers. The highest monthly stipend reached INR 3.50 Lakhs, while the average stood at INR 1.85 Lakhs per month, and the median was INR 2 Lakhs per month. Check the table below for more details:| Particulars | Internship Statistics 2022 | Internship Statistics 2023 |
| No. of Recruiters | - | 128 |
| No. of Students Placed | - | 494 |
| First - Time Recruiters | - | 21 |
| Highest Stipend | INR 3.2 Lakhs per month | INR. 3.50 Lakhs per month |
| Average Stipend | INR 1.76 Lakhs per month | INR 1.85 Lakhs per month |
| Median Stipend | INR 1.80 Lakhs per month | INR 2 Lakhs per month |
| Placement Sectors | - | BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce |
| Top Companies | Capital Foods, Everest Industries, Purple, Dabur, Deloitte USI, HUL | Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited, HUL, American Express, Axis Bank, ICICI Bank, IDFC First Bank, Apollo Tyres, Bajaj Auto, Castrol, General Electric, John Deere, etc. |
IIM Mumbai Cut Off 2023
The cutoff for admission to PG courses at IIM Mumbai, including programs like Post Graduate Diploma in Industrial Management (PGDIM) and Post Graduate Diploma in Industrial Safety and Environmental Management (PGDSM), is released by IIM Mumbai following the declaration of the CAT result. Eligibility for admission to these programs is solely determined by the CAT cutoff specified by IIM Mumbai. The CAT examination takes place in November, and IIM Bangalore announces the CAT result during the first week of January. Prospective candidates seeking admission to IIM Mumbai must adhere to the institute's established eligibility criteria. The cut-off percentile for the PGDIM program at IIM Mumbai (NITIE) is set at 97, while for the PGDSM program, it is 95. The specific cut-off percentiles for various categories are provided below:| Category | CAT cut-off for PGDIM |
| General | 97 |
| EWS | 97 |
| OBC | 85 |
| SC | 60 |
| ST | 50 |
| PWD | 60 |
IIM Mumbai Courses Offered, Fee Structure, and Eligibility Criteria 2023
IIM Mumbai provides a total of seven courses across various Business and Management disciplines. The institution's flagship programs include the two-year Post Graduate Diploma in Industrial Engineering (PGDIE) and the Post Graduate Diploma in Industrial Management (PGDIM). Admission to most of these courses at NITIE Mumbai is based on entrance exams. Additionally, IIM Mumbai offers certificate and global certificate programs in Business & Management at the postgraduate level. Admissions for all IIM Mumbai programs are conducted online and are entrance-based. Prospective candidates are required to take entrance exams such as CAT and GATE, among others, in order to secure admission to this institute. IIM Mumbai's programs primarily focus on practical training in the fields of industry and management and their associated areas. The PGDIE program can be compared to an M.Tech, while the PGDIM program is akin to an MBA. The table below provides details regarding the fee structure and eligibility requirements for IIM Mumbai's prominent courses. Check the table below for more details:| Course | Fees | Eligibility |
| PGDIE | Rs 11.33 lakh | Completed graduation with at least 60% marks. A valid score in the GATE exam. |
| PGDIM | Rs 14.63 lakh | Completed graduation with at least 60% marks. A valid score in the CAT exam. |
| PGD-PM | Rs 12.53 lakh | Completed graduation with at least 60% marks. A valid score in the CAT exam. |
| PGD-ISEM | Rs 14.63 lakh | Completed graduation with at least 60% marks. A valid score in the CAT exam. |
| PGPEX-VLFM | Rs 12.50 lakh | Completed graduation with at least 60% marks |
| PGDSM | Rs 14.63 lakh | Completed graduation with at least 60% marks. |
| FPM | Rs 1.85 lakh | N/A |
IIM Mumbai Rankings 2023
In the NIRF 2023 rankings, the Indian Institute of Management Mumbai (NITIE) secured the 7th position among India's top management institutes. Additional rankings are listed below.| Ranking Body | Year | Category | Rank |
| NIRF | 2023 | Management | 7 |
| IIRF | 2022 | Govt. B-School | 7 |
IIM Mumbai Campus and Facilities 2023
IIM Mumbai offers various amenities and facilities for its students. There are separate hostels for both male and female students. The IIM Mumbai Library is centrally air-conditioned and well-lit, providing students with access to resources related to their fields of study and research. It offers ample seating, a secure Wi-Fi connection, and other essential services. Students can also engage in extracurricular activities such as sports and access a recreational area featuring volleyball courts, basketball courts, table tennis, tennis, badminton, cricket, carrom, and other indoor and outdoor games. In addition to this, there is an auditorium, gym, cafeteria, and other conveniences. Here are more details about the facilities Boys' Hostel IIM Mumbai provides well-equipped hostels for male students on campus, offering all the necessary amenities, including 24/7 high-speed Wi-Fi access. Girls' Hostel The girls' hostels at the IIM Mumbai are furnished with essential facilities and attached washrooms. Library The IIM Mumbai library houses a reading room and an extensive collection of reference materials, technical books, journals, educational software, electronic databases, and more, specifically in the fields of Industrial Engineering, Management, and related disciplines. The library also subscribes to about 18 newspapers in various languages and various journals and periodicals. Sports The IIM Mumbai sports center provides a range of recreational and sports activities for students. These include tennis, table tennis, volleyball, basketball, badminton, carrom, and cricket. I.T Infrastructure The institute features a modern CAD/CAM UNIX lab and a computer lab equipped with a high-speed leased line of 150 mbps, dedicated Wi-Fi, software, multimedia tools, scanners, and high-resolution printers. Cafeteria IIM Mumbai operates a cafeteria on campus, offering nutritious meals to students and faculty at reasonable prices. Auditorium The fully air-conditioned auditorium at the institute accommodates over 200 students. It is acoustically designed and serves multiple purposes, including lectures, management-related film screenings, and various developmental programs like pre-placement talks. Convenience Store In addition to the main Computer center's printing facilities, a dedicated network printer with an operator is available in the hostels for quality printouts at subsidized rates. There is also an STD-PCO, stationery, and photocopy shop on campus. Guest Room/Waiting Room IIM Mumbai maintains a guest house on campus for visiting faculty and the parents of students.IIM Mumbai FAQs
Is IIM Mumbai (NITIE) exclusively for engineers?
No, individuals from any engineering or technology background are eligible to apply for courses at IIM Mumbai (NITIE).
Does IIM Mumbai (NITIE) provide MBA programs?
Yes, IIM Mumbai (NITIE) is a renowned institution that offers MBA, MBA in Sustainability Management, and MBA in Operations and Supply Chain Management.
What are the admission cutoffs for IIM Mumbai (NITIE)?
The admission cutoff for IIM Mumbai (NITIE) is 97 percentile for the PGDIM course and 95 percentile for PGDSM.
What are the accommodations like at IIM Mumbai (NITIE)?
IIM Mumbai (NITIE) provides accommodations through three hostel blocks and an MDP building for executives. The hostel features 16 floors and can house up to 800 students, with well-furnished single-occupancy rooms and attached washrooms.
How is the placement scenario at IIM Mumbai (NITIE)?
During the 2023 placement season at IIM Mumbai (NITIE), the campus welcomed 161 recruiters, with 46 of them being new additions. The average salary package was INR 25.27 LPA, and the highest package reached INR 78.20 LPA.
What are the directions to IIM Mumbai (NITIE)?
IIM Mumbai (NITIE) is situated in Powai, with the closest airport being Chhatrapati Shivaji Airport. Nearby railway stations are Vikhroli and Kanjurmarg. One can hire a cab or auto from the airport to reach the campus.
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