Indian Institute of Management (IIM) Mumbai
Indian Institute of Management (IIM)
Updated on - Jun 17, 2025 12:48 PM IST
Government University
Boys, Girls
Estd 1963
Mumbai, Maharashtra
Indian Institute of Management (IIM) Mumbai Information
Indian Institute of Management (IIM) Mumbai, established in 1963 and formerly known as NITIE Mumbai, is a top management institute in Maharashtra. It is accredited by AACSB, UGC, and AICTE. In 2024, IIM Mumbai's MBA program ranked 6th in India and 1st in Mumbai by NIRF. The Week and IIRF also ranked it among the top institutes in India.
The Institute offers MBA, PGDEX, and PhD programs with specific eligibility, fees, and durations. The two-year MBA program, including specializations in Operations and Supply Chain Management (MBA OSM) and Sustainability Management (MBA SM), requires 50% in graduation and a CAT score. The MBA at IIM Mumbai has a total course fee of INR 14 Lakhs. The PGDEX-VLFM, a two-year course, needs a BE or BTech degree and four to ten years of work experience, costing INR 15.82 Lakhs. The PhD program (3-5 years) requires a master’s degree with 60% marks and a valid entrance exam score, with fees ranging from INR 1.75 to 7.50 Lakhs.
Admissions to MBA, MBA SM, and MBA OSM at IIM Mumbai are based on CAT scores. The selection process includes academics, CAT scores, work experience, gender diversity, and PI performance. PGDEX program requires a first-class engineering degree and five years of experience, while the PhD selection involves a research review, tests, presentation, and PI, accepting scores from CAT, GRE, GMAT, UGC JRF, or GATE.
IIM Mumbai's 2024 placements saw 180 companies offering roles, with the highest package at INR 54 LPA and an average of INR 30.39 LPA. Leading recruiters included Microsoft, Amazon, Bajaj, Flipkart, Deloitte, and Reliance. The manufacturing sector hired the most, with 19% placements and 170 students received Pre-Placement Offers (PPOs), showing strong industry ties.
The 67-acre campus has modern classrooms, a 200-seater auditorium, and well-equipped hostels. Recreational facilities include sports like badminton, cricket, and basketball. The Data Science Lab and Digital Informatics Centre (DISC) support research and offer advanced computing resources. The DEI Cell promotes inclusivity through programs like the Annual Equality Summit and diversity training for Carlsberg India managers.
Indian Institute of Management (IIM) Mumbai Courses & Fees
The Institute offers various programs, including MBA, PGDEX, and PhD, each with specific eligibility criteria, fees, and durations. The MBA program, including specializations in Operations and Supply Chain Management and Sustainability Management, is a two-year course that requires candidates to have at least 50% marks in graduation along with a valid CAT score. The total fee for all MBA specialisations at IIM Mumbai is INR 14 Lakhs.
The PGDEX program, particularly in Visionary Leadership for Manufacturing (VLFM), also has a duration of two years. It requires candidates to hold a B.E. or B.Tech. degree along with four to ten years of work experience. The total fee for the PGDEX-VLFM program is INR 15.82 Lakhs.
For the PhD program, the duration ranges from three to five years. Candidates need a master’s degree with at least 60% marks (55% for reserved categories) and a valid score in exams like CAT, GRE, GMAT, UGC JRF, or GATE. The fee for the PhD program varies between INR 1.75 to 3.25 Lakhs, while the Executive PhD program requires 60% in post-graduation and costs between INR 4.50 to 7.50 Lakhs. Below are the detailed eligibility, duration, accepted entrance exams and fees for MBA and other courses at IIM Mumbai:-
Indian Institute of Management (IIM) Mumbai MBA
- Course Type: Degree
- Accepted Entrance Exams: CAT
MBA - Specialization |
|||
|---|---|---|---|
Specialization |
Eligibility |
Fees |
Explore |
| Sustainability Management | 50% in Graduation + Entrance Exam Score | INR 14.00 Lakhs |
|
| Operations and Supply Chain Management | 50% in Graduation (Engineering or Technology) + Entrance Exam Score | INR 14.00 Lakhs |
|
| General | 50% in Graduation + Entrance Exam Score | INR 14.00 Lakhs |
|
Indian Institute of Management (IIM) Mumbai Ph.D
- Course Type: Degree
- Accepted Entrance Exams: -
Indian Institute of Management (IIM) Mumbai Admission Process
IIM Mumbai offers admission to MBA, MBASM, and MBA OSM courses based on CAT scores. Selection considers academic records, CAT scores, work experience, gender diversity, and personal interview (PI) performance. Admission eligibility at IIM Mumbai for MBA and MBASM requires a bachelor’s degree with 50% marks (45% for reserved categories) or final-year status.
MBA OSM requires a degree in Engineering, Technology, or Specific Mathematical and Economic fields. The MBA admission process at IIM Mumbai includes shortlisting, PI, and final selection. PGDEX-VLFM applicants need a first-class engineering degree and five years of relevant work experience, with selection through an aptitude test and PI.
The PhD program requires a master’s degree with 60% marks (55% for reserved categories) and a valid GATE, CAT, GMAT, GRE, or UGC-JRF score. The selection process involves a research proposal review, admission test, writing skills test, research presentation, and PI. More details about the PGDEx and MBA admission process 2025 of IIM Mumbai with additional information are tabulated below:-
Indian Institute of Management (IIM) Mumbai Scholarships
IIM Mumbai offers various scholarships to support deserving students in their postgraduate programs. The scholarships include tuition fee waivers based on family income, as well as a teaching assistantship for GATE qualifiers.
The financial aid is aimed at making education more accessible to students from economically weaker sections. Additionally, the Government of India provides scholarships to SC and ST students under the Central Sector Scholarship Scheme, based on family income.
PhD Scholarship: -
The institute follows the guidelines set by the Department of Science and Technology, Government of India, regarding research funding. According to these guidelines, Junior Research Fellows (JRF), who are PhD students with less than two years of research, receive a monthly stipend of INR 37,000.
Senior Research Fellows (SRF) with more than two years of research receive INR 42,000 per month. This initiative aims to support research and assist students in their academic pursuits.
Indian Institute of Management (IIM) Mumbai Placements
IIM Mumbai concluded its MBA placement process with impressive results. A total of 180 companies participated, offering competitive packages. The highest salary package offered was INR 54 LPA, while the average package stood at INR 30.39 LPA for the recent MBA placement at IIM Mumbai. Top recruiters included global giants like Microsoft, Amazon, Bajaj, Britannia, Adani, Airtel, Crisil, Flipkart, Deloitte, Puma, Coca-Cola, Hero, Reliance, and many more.
The manufacturing sector saw the highest number of placements, with 19% of students placed in this sector. Additionally, 170 students received Pre-Placement Offers (PPOs), further emphasizing the strong industry connections and the reputation of the Institute. Below are the details of the recent MBA and PGDEx placement at IIM Mumbai, as shown in the table:-
Indian Institute of Management (IIM) Mumbai Accreditations and Rankings
IIM Mumbai is accredited by prestigious bodies such as the Association to Advance Collegiate Schools of Business (AACSB), University Grants Commission (UGC), and the All India Council for Technical Education (AICTE). The institute has received notable rankings for its MBA program.
In 2024, it was ranked 6th in India and 1st in Mumbai by NIRF. The Week ranked it 9th in India and 2nd in Mumbai, while IIRF placed it 8th in India and 1st in Mumbai. IIM Mumbai accreditation and ranking details are tabulated below:-
Indian Institute of Management (IIM) Mumbai Campus Facilities & Infrastructure
IIM Mumbai's campus spans 67 acres, offering a well-equipped environment for learning and development. The classrooms are spacious with projectors for interactive learning. The air-conditioned auditorium seats 200 people and hosts lectures, film screenings, and executive programs. The hostels for MBA, MBA-OSCM, and MBA-SM students have well-furnished double-occupancy rooms, encouraging social interaction.
Recreational facilities include badminton, table tennis, basketball, volleyball, and cricket. The hostel common room has a music system, TV, and reading materials for relaxation. The Data Science Lab, established in 2021, focuses on research, industry collaboration, and training in analytics and data science.
The Digital Informatics Centre (DISC) provides advanced computing resources with over 400 computers and software like SPSS, MATLAB, and Bloomberg. The institute offers Wi-Fi across hostels and academic buildings, licensed Microsoft software, and online learning through Webex, Zoom, and Microsoft Teams. DISC also manages IT infrastructure, including the website and admission portal.
The Diversity, Equity, and Inclusion (DEI) Cell promotes an inclusive campus through partnerships with organizations like FICCI FLO and P&G. It organizes the Annual Equality Summit, workplace diversity discussions, mentorship programs, and training sessions, including one for 150 Carlsberg India managers on unconscious bias. The following table highlights the campus facilities available at IIM Mumbai:-
Indian Institute of Management (IIM) Mumbai Alumni
The Alumni Association of IIM Mumbai is a strong network of over 10,000 graduates across 45 countries. It helps alumni stay connected with the institute and each other, creating a sense of community and collaboration. The association organizes various events and programs. Sansmaran, the annual alumni meet, brings former students together to reconnect and celebrate their achievements.
Regional alumni meets help alumni from different areas stay in touch. A mentorship program allows alumni to guide current students in their careers. Alumni Talks feature successful graduates sharing their experiences and insights. The association also publishes AlumNITI, an annual magazine highlighting alumni success stories and updates.
It provides networking opportunities through events and platforms, helping alumni connect with each other and industry professionals. The association is dedicated to supporting alumni in their careers and ensuring the strong legacy of the institute continues. Some notable IIM Mumbai alumni are mentioned in the table below:-
Indian Institute of Management (IIM) Mumbai FAQs (Frequently Asked Questions)
What is the full form of IIM Mumbai?
What is Indian Institute of Management Mumbai?
Indian Institute of Management Mumbai is a top business school in India, offering high-quality management education. It is part of the prestigious IIM network, known for its academic excellence and industry connections.
What programs are offered by the institute?
IIM Mumbai offers an MBA program, executive education courses, and doctoral programs for those looking to advance in management and research.
What is the eligibility for admission to the MBA program at IIM Mumbai?
For admission to the MBA program at IIM Mumbai, eligibility requires a bachelor’s degree with at least 50% marks (45% for reserved categories) and a competitive CAT score. Additional criteria may include academic record and work experience.
What is the selection process?
The selection involves a CAT score, followed by a Personal Interview (PI), where academic background, work experience, and communication skills are evaluated.
What is the course fee of the MBA program at IIM Mumbai?
The fee for the MBA program at IIM Mumbai is INR 14 Lakhs, covering tuition, hostel, and other expenses, with options for scholarships and financial aid.
What is the campus size and location?
Located in Mumbai, the campus spans 65 acres, providing a conducive learning environment with proximity to business hubs.
What are the career prospects after completing an MBA?
Graduates have strong placement opportunities, and many secure roles in top firms across various sectors.
What is the MBA placement process at IIM Mumbai?
The MBA placement process at IIM Mumbai is organized through a structured process, including pre-placement training and internships, leading to both pre-placement offers and final placements.
How is the institute ranked nationally and internationally?
IIM Mumbai consistently ranks among the top business schools in India and is recognized globally for its academic excellence and strong industry presence.
What makes this institute different from other IIMs?
Its strategic location in Mumbai offers direct access to top companies, along with a focus on innovation, entrepreneurship, and global exposure.
What are the key specializations offered in the MBA program?
Specializations include Finance, Marketing, Operations, HR, and Entrepreneurship, allowing students to tailor their education based on interests. Each MBA specialization offered by IIM Mumbai has a course fee of INR 14 Lakhs
Does IIM Mumbai offer scholarships?
Yes, scholarships are available based on academic merit and financial need, supporting eligible students in their educational journey. These scholarships help deserving students manage the tuition fee especially for the MBA course at IIM Mumbai.
What is the student-to-faculty ratio?
The ratio is approximately 12:1, ensuring personalized attention and close interaction between students and faculty.
What extracurricular activities are available?
Students can participate in clubs, sports, cultural events, and community service, helping to develop leadership and teamwork skills.
What is the faculty strength?
The Institute boasts a diverse faculty with academic expertise and industry experience, offering high-quality teaching and research guidance.
How does the institute support entrepreneurship?
Through its Entrepreneurship Cell, mentorship programs, startup competitions, and a focus on entrepreneurial skills, the institute nurtures students interested in launching their own ventures.
Are there any industry tie-ups or corporate collaborations?
The Institute has strong ties with various industries, providing students with internship opportunities, guest lectures, and live projects.
What are the hostel facilities like?
Modern hostels offer Wi-Fi, mess facilities, common areas, and comfortable rooms, with recreational options available on campus.
Does the institute have an alumni network?
Yes, there is a strong alumni network offering mentorship, career advice, and networking opportunities across the globe.
What is the focus of the MBA curriculum?
The curriculum balances general management education with in-depth specialization, focusing on critical thinking, leadership, and practical business skills.
What are the internship opportunities?
Extensive internship opportunities with top companies are available, with many students receiving Pre-Placement Offers (PPOs) based on performance.
What is the teaching methodology?
The teaching combines lectures, case studies, group discussions, and live projects, with a strong emphasis on experiential learning and leadership development.
Does the institute provide global exposure?
Yes, students have opportunities for exchange programs, international internships, and participation in global business competitions, enhancing their global perspective.
What is the average MBA placement package at IIM Mumbai after graduating?
The average MBA placement package at IIM Mumbai is INR 28.85 Lakhs per annum, with the highest MBA placement package at IIM Mumbai reaching INR 60 Lakhs, and opportunities for international roles.
Is there a focus on sustainability?
Sustainability is integrated into the curriculum, with a focus on ethical business practices and real-world applications addressing global challenges.
What is the infrastructure like?
The campus features modern classrooms, a well-stocked library, Wi-Fi, sports facilities, and a fully equipped hostel for students.
How does the institute promote research and innovation?
Research centers and initiatives support student and faculty research in management fields, with opportunities for publishing and participating in global conferences.
Are there opportunities for leadership development?
Leadership development is embedded in the curriculum and extracurricular activities, with roles in student clubs and committees enhancing managerial and interpersonal skills.
Does the institute offer any certificate programs?
Executive education programs and short-term certificate courses are available for professionals looking to advance their skills in specific management areas.
What kind of international collaborations exist?
The institute partners with leading global business schools for exchange programs, joint research, and academic collaborations, providing students with international exposure.
What is the admission process for the Executive MBA program at IIM Mumbai?
Admission for the Executive MBA program at IIM Mumbai requires a bachelor’s degree, professional experience, and a valid GMAT/GRE score. The process includes a written test, interview, and evaluation of work experience.
How competitive is the admission process?
The process is highly competitive, with thousands of applicants vying for limited seats. A strong academic record, high test scores, and relevant work experience are crucial.
Does the institute have an exchange program with foreign universities?
Yes, exchange programs with top international universities allow students to study abroad and gain global exposure.
Can international students apply for the MBA program?
Yes, international students are welcome. They must meet specific eligibility requirements, including a valid GMAT/GRE score and English proficiency.
How does the institute support women in leadership?
The institute promotes gender diversity through initiatives like scholarships, mentorship programs, and a supportive campus environment to foster women leaders.
What is the difference between the MBA and Executive MBA programs?
The MBA is a full-time program, while the Executive MBA is designed for working professionals with more than 5 years of experience, offering flexibility in class schedules
Does the institute provide career services for students?
Robust career services include placement assistance, internships, resume-building workshops, and networking opportunities with industry leaders.
What is the role of alumni in students’ careers?
Alumni provide valuable mentoring, career advice, networking, and sometimes recruitment opportunities, helping students build connections in the industry.
What is the focus of research programs?
Research focuses on practical management issues, entrepreneurship, sustainability, and innovation, with opportunities to collaborate on industry-driven projects.
How does the institute ensure diversity in its student intake?
Diversity is promoted by considering applicants from varied backgrounds, industries, and locations, ensuring a holistic learning experience.
What is the role of technology in the institute’s curriculum?
Technology plays a key role, with courses covering digital transformation, data analytics, and emerging tech trends, preparing students for a tech-driven business world.
What are the housing options available at the Institute?
The Institute offers on-campus hostels with modern amenities. Off-campus housing options are also available for students who prefer more flexibility.
Does the Institute have any student exchange programs?
Yes, the Institute has numerous student exchange programs with leading global institutions, providing an opportunity for students to study abroad and gain international perspectives.
What networking opportunities are available at the Institute?
The Institute organizes networking events, guest lectures, and conferences, connecting students with alumni, industry professionals, and potential employers.
Are there any international internships offered at the Institute?
Yes, the Institute facilitates international internships with leading companies, providing students with valuable global business exposure and learning.
How is the work-life balance at the Institute?
The rigorous academic schedule is demanding, but the Institute promotes a healthy work-life balance with extracurricular activities, sports, and wellness initiatives.
What are the benefits of being part of the Institute’s alumni network?
The alumni network offers lifelong connections, career support, mentorship, and opportunities for collaboration in business ventures and professional growth.
How does the Institute contribute to social impact?
The Institute emphasizes social responsibility through initiatives like community service, sustainability projects, and partnerships with non-profits to address societal challenges.
What is the student culture like at the Institute?
The culture at the Institute is collaborative and driven, with a focus on academic excellence, leadership development, and active participation in clubs, events, and initiatives.
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