IIM Mumbai – A Baby IIM with a mammoth legacy
For over six decades, the National Institute of Industrial Engineering (NITIE), Mumbai, has stood as a beacon of excellence in the fields of industrial management, operations, and supply chain. Established in 1963 under the aegis of the Government of India with assistance from the International Labour Organization (ILO), NITIE carved a niche for itself as one of Asia’s foremost institutes for grooming engineering and management talent to power India’s industrial growth.
Often called the “Mecca of Supply Chain & Operations,” NITIE earned immense respect for its rigorous academic programs, industry-oriented curriculum, and consistent track record of producing leaders for top organizations across manufacturing, consulting, IT, and logistics sectors. Over the years, NITIE graduates became synonymous with operational excellence and managerial competence, contributing to India’s economic and industrial transformation.
Recognizing its unparalleled contribution to management education and its growing stature, NITIE was granted the prestigious IIM status in August 2023. Now known as the Indian Institute of Management Mumbai (IIM Mumbai), it becomes the 21st IIM in the country and the only IIM located in India’s financial capital.
The transition to IIM Mumbai not only preserves NITIE’s rich legacy but also opens new avenues for academic innovation, global collaboration, and cross-domain leadership development. With this elevation, IIM Mumbai aligns itself with the IIM ecosystem’s academic benchmarks while retaining its core strengths in operations, supply chain, sustainability, and emerging domains like technology management.
As IIM Mumbai, the institute embarks on an exciting new chapter—offering MBA programs that cater to evolving industry needs while leveraging Mumbai’s strategic location to foster unparalleled industry engagement, research excellence, and leadership development for the next generation of management professionals.
Lets look at IIM Mumbai from a test taker perspective and here is all you need to know if you are targeting IIM Mumbai this year.
🏛️ Institutional Upgrade & Degree Transition
- Originally National Institute of Industrial Engineering (NITIE), established in 1963 as a premier operations & supply‑chain school.
- Officially conferred IIM status in July 2023 via the IIM Amendment Act – becoming the 21st IIM, now IIM Mumbai
- Programs have been restructured into an MBA, along with MBA in Operations & Supply Chain Management (OSM) and Sustainability Management, aligning with IIM academic structures.
🧭 Latest Admission Criteria (PGP 2025–27)
- Entrance: Selection via CAT, with high sectional cutoffs—especially QA ≥ 92–94+, DILR & VARC ≥ 88–92+.
- CAT Percentile: Expect 98+ overall for general category; actual cutoffs are competitive due to IIM tag.
- Profile Considerations: Work experience and academic background are weighed in the selection process—shift from engineer-only to full-spectrum backgrounds broadens appeal.
- Diversity: Non-engineers now admitted; diversity being factored for merit & final selection.
📚 Batch Profile: PGP 2022–24 & 2023–25
According to official and third-party sources:
- 2022–24 (Converted mid-course):
- Batch Size: 446 students (373 male, 73 female).
- Experience: Mix of freshers and professionals from IITs, NITs, BITS; ~170 PPOs.
- 2023–25:
- Likely larger and more diverse batch with non-engineers included.
- Reddit and other channels indicate optimism about broader representation.
🏅 Placement Highlights: Class of 2024–25
Final Placements 2025:
- 100% placement achieved—198 companies participated
- Salary Ranges:
- Top 10%: ₹47.5 LPA (avg)
- Top 20%: ₹41.2 LPA
- Top 50%: ₹34.1 LPA
- Overall average: ~₹29.8 LPA (up ~5%)
- Median: ~₹27 LPA; PPO average: ₹29.4 LPA.
- Highest packages reported: ₹47.5 LPA and ₹54 LPA (Microsoft offer).
Sector Breakdown:
- Manufacturing/Operations: 19% – core strength.
- Consulting: ~17–18% – top firms hiring.
- BFSI: 16% – strong financial recruitments.
- Tech/Product & E-commerce: 14% – includes Amazon, Flipkart.
- Pharma & Healthcare: 130% increase in placements YoY, driven by sector demand.
Top Recruiters:
- Accenture (41 offers, avg ₹45.37 LPA), PwC India (18), PwC US Advisory (10), Alvarez & Marsal, Praxis, Vodafone Idea, Workday, ZS, MS
Internships 2024–26:
- Summer internship 2024: 480 offers to 425 students; PPOs = 170 (~73% conversion)
- Internships strong in manufacturing, FMCG, consulting, BFSI, and e‑commerce
🧭 Why IIM Mumbai is a rising star in Indian B-School Space
- Legacy Strength + IIM Brand: IIM Mumbai blends NITIE’s industrial domain expertise with pan-domain MBA appeal.
- Competitive Entry: High CAT cutoffs and sectional benchmarks, particularly in QA, reflect increased competition.
- Robust Placement Ecosystem: Diverse high-paying roles with top-tier recruiters across sectors.
- Core Discipline Edge: Manufacturing & operations roles remain strong; consulting & tech expanding.
- Rising ROI: Enhanced reputation post-conversion likely boosts fees but placements keep pace (~+5% avg salary).