Since mid-2023, the Indian Institute of Management Mumbai (IIM-Mumbai), formerly known as NITIE (National Institute of Industrial Engineering), has been recognized as one of India's top business schools. It occupies an urban campus of about 64 acres and is situated in Powai, Mumbai. In NIRF 2024 rankings, IIM Mumbai secured the 6th position among Indian management schools.
IIM Mumbai Programs Offered
IIM Mumbai provides a mix of full-time, executive, doctoral, and international programs designed to serve fresh graduates, working professionals, and researchers:
Program | Duration / Mode | Who can Prefer? |
MBA – General Management | 2 years, full-time | Fresh graduates and early-career professionals |
MBA – Operations & Supply Chain Management (OSCM) | 2 years, full-time | Students specializing in operations and SCM |
MBA – Sustainability Management (SM) | 2 years, full-time | Candidates focusing on sustainability domains |
PGPEX‑VLFM (Post‑Graduate Programme for Executives – VLFM) | 1 year, full-time | Mid to senior-level professionals in industry |
MBA (International Students Programme) | 2 years, full-time | International students |
MBA (OSCM track – International Students) | 2 years, full-time | Non-Indian students specializing in OSCM |
Ph.D. / Doctoral Programme | Up to 5 years, full-time | Research-focused candidates |
IIM Mumbai Selection Criteria
Eligibility
- Candidates must hold aBachelor’s degree withminimum 50% marks (reduced to 45% for SC/ST/PwD).
- Final‑year students may apply provided they meet the academic criteria before joining.
IIM Mumbai Cut-off
- Stage I: Shortlisting based onCAT 2024 sectional and overall percentiles with minimum cutoffs by category:
Category | VARC | DILR | QA | Overall |
General | ≥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 |
Final Selection – Composite Score
- CAT Score (60%)
- Personal Interview & WAT (20%)
- Academic & Work Experience (20%)
- Gender diversity bonus of up to 5% integrated into the academic/work score:
- Marks from Class 10 and Class 12 are translated intorating scores multiplied by 0.7; work experience is rated with a factor of 0.20, capped at five points.
IIM Mumbai MBA Fees
The fee structure for MBA is below:
Fee Component | Amount (₹) |
Full-time MBA (2‑year) Total Fee | 21,00,000 |
Tuition Fees | 14,00,000 |
Other Institutional Charges | 7,00,000 |
Executive MBA (working professionals) | 16,00,000 (in 4 installments) |
Hostel (per year) | 24,000 – 75,000 |
Mess Charges (approx. per month) | 4,000 |
Total Estimated Cost* | ₹22.5–24.5 lakh (incl. hostel, mess, misc.) |
IIM Mumbai Scholarship
- 50% of tuition is waived for families making less than ₹1 lakh annually.
- 30% tuition waiver for income ≤ ₹2.5 lakhs.
- Renewed annually based on academics and financial circumstances.
Admission Timeline & Waitlist Dynamics
- Results Announcement:May 8, 2025, final merit list released via the candidate portal.
- PI & WAT: Held fromFebruary to March 2025.
- In the third week of April 2025, the first admission offers will be made public.
- Waitlist Movement: Runs weekly fromMay through June, with final seat closure byJuly 2025.
IIM Mumbai Waitlist Movement
The table below shows the category wise waitlist movement:
Category | Expected Movement Range |
General | ~350–400 candidates |
NC‑OBC | ~230–260 |
SC | ~115–150 |
EWS | ~50 |
ST | ~50–60 |
PwD | ~15–20 |
Regular updates are issued as official waitlist PDFs after each round of conversions.
IIM Mumbai Placements
IIM Mumbai delivered100% placement for thebatch of 2025, with198 companies participating and over500 job offers extended to the480 students in the batch. Pre‑Placement Offers (PPOs) crossed160.
Compensation Highlights (2025 Batch)
Segment | Average Salary (₹ LPA) |
Top 10% | 47.5 |
Top 20% | 41.2 |
Top 50% | 34.1 |
Highest Package | 54.0 |
Microsoft reportedly offered the highest package of₹54 LPA, followed by Amazon (₹53.6 LPA) and Meesho (₹49 LPA). Consulting roles from Accenture, PwC, and ZS Associates formed a significant chunk of the offers.
Sector-Wise Trends at IIM:
- Pharma & healthcare hiring surged by130%
- Retail/e-commerce grew by47.7%
- Consulting roles increased ~35%
- Tech/analytics/AI roles were up ~29.8%
- BFSI sector saw ~24.5% growth
Other Important Details at IIM:
- Executive MBA (2025): Blended format (70% online, 30% in-person). One-year program extendable up to three years. Ideal for mid-career professionals aiming for leadership roles. Admission for the 2025 cohort began inJanuary, with classes commencingmid-April.
- Institutional Evolution: NITIE officially became IIM Mumbai following government approval in July 2023, aligning it with the IIM network and expanding its mandate under the IIM Act, 2017.
- Scholarships & Support: In addition to tuition waivers, students from reserved categories may apply for government or institutional scholarships.
IIM Mumbai 2025: Conclusion
As a high-impact, academically rigorous institution,IIM Mumbai stands out through its robustadmission process,transparent eligibility criteria, andimpressive placement outcomes. A prestigious two-year MBA involves a₹21 lakh tuition fee, with additional living expenses bringing the cost to₹22.5–24.5 lakh. Scholarships are available for financially disadvantaged students. For seasoned professionals, theExecutive MBA offers flexibility and a ₹16 lakh investment.
Candidates serious about joining IIM Mumbai should prepare strategically, excel in CAT, build a strong academic and work profile, and be ready for the PI/WAT stage. The placements and industry connections make it a powerful return-on-investment option for future business leaders.
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National Institute of Industrial Engineering

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