A complete guide to IIM Mumbai (NITIE) — highlights, programmes, admissions, fees, placements and more.
IIM Mumbai, erstwhile known as NITIE was established by the Government of India in 1963 with the assistance of the United Nations Development Programmed (UNDP) and the International Labor Organization (ILO). After passing of IIM Act Amendment bill 2023 by Parliament on August 8, 2023, and getting President’s nod on August 11, 2023, NITIE was given status of IIM Mumbai, the 21st IIM in India and the first full-fledged IIM in Mumbai which will award MBA degree instead of Post Graduate Diploma.
IIM Mumbai, erstwhile known as NITIE was established by the Government of India in 1963 with the assistance of the United Nations Development Programme (UNDP) and the International Labor Organization (ILO). After passing of IIM Act Amendment bill 2023 by Parliament on August 8, 2023 and getting President’s nod on August 11, 2023, NITIE was given status of IIM Mumbai, the 21st IIM in India and the first full fledged IIM in Mumbai which will award MBA degree instead of Post Graduate Diploma.
IIM Mumbai is committed to creating skilled professionals in diverse functional areas like Operations Management, Analytics, Finance, Marketing, Project Management, HR, Information Technology, and Sustainability Management.
IIM Mumbai's MBA program is designed to equip you with the skills and knowledge to thrive in today's ever-evolving business environment. The curriculum offers a strong foundation in core business areas like finance, marketing, operations, human resource management and analytics.
2 Years full time Master of Business Administration (MBA); MBA (Operations and Supply Chain Management); MBA (Sustainability Management); 1 Year full time PGDEx–VLFM; 2 Years Executive MBA in blended mode, PhD, Excutive PhD and other management programmes
After its renaming to IIM Mumbai, the institute has introduced MBA programs starting from the 2024-25 academic session, along with key updates to its eligibility criteria. IIM Mumbai now accepts a bachelor's degree in any discipline, replacing the previous mandatory requirement for an engineering degree. The institute has also transitioned from offering PGDM programs to providing three 2-year full-time MBA programs. Previously, NITIE awarded AICTE-approved diplomas like PGDIM and PGDIE, but now, as an IIM recognized by the Act of Parliament, it is authorized to confer MBA degrees, similar to other IIMs. The MBA programs offered by IIM Mumbai are as follows:
| Programme | Courses | Tuition Fees | Exams Accepted |
|---|---|---|---|
| MBA/PGDM | 0 | 21.00 Lakhs | CAT |
| MBA- Operations Management | 0 | 21.00 Lakhs | CAT |
| MBA Sustainability Management | 0 | 21.00 Lakhs | CAT |
| Executive MBA | 0 | 15 lakhs | CAT, GMAT |
| One Year MBA Program | 0 | 21 lakhs | CAT |
The application process for admission to IIM Mumbai begins with the start of the CAT registration process. Candidates must apply for CAT before the deadline. For the 2025 admissions, IIM Mumbai may not require a separate application for the MBA program.
The admission and selection process for the MBA at IIM Mumbai follows a two-step approach. In the first step, candidates with a valid CAT score who have met the eligibility criteria and applied for the program are shortlisted for the Personal Interview (PI) round, which is held in various cities.
After the PI round, IIM Mumbai assigns weightages to several factors and makes admission offers to successful candidates. The final selection is based on a variety of factors, including the CAT performance, PI performance, academic record, diversity, and work experience, among others.
Eligibility: Full-time Engineering/Technology degree in any branch from a recognized university/institution with aggregate 50% marks (relaxed by 5% for SC/ST/PwD candidates). OR Full-time degree from a re
Accepting Exams: CAT
| Date | Event |
|---|---|
| 2024-11-05 | CAT Admit Card |
| 2024-11-24 | CAT Exam |
Eligibility: Full-time Engineering/Technology degree in any branch from a recognized university/institution with aggregate 50% marks (relaxed by 5% for SC/ST/PwD candidates). OR Full-time degree from a re
Accepting Exams: CAT
| Date | Event |
|---|---|
| 2024-11-04 | CAT Admit Card |
| 2024-11-24 | CAT Exam |
Eligibility: The candidate must hold a Bachelor’s Degree, with at least 50% marks or equivalent CGPA [45% in case of candidates belonging to the Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with
Accepting Exams: CAT
| Date | Event |
|---|---|
| 2024-11-04 | CAT Admit Card |
| 2024-11-24 | CAT Exam |
Eligibility: Candidates appearing for the final year of the bachelor’s degree/equivalent
Accepting Exams: CAT, GMAT
| Date | Event |
|---|---|
| 2024-11-04 | CAT Admit Card |
| 2024-11-24 | CAT Exam |
Eligibility: Candidates appearing for the final year of the bachelor’s degree/equivalent
Accepting Exams: CAT
| Date | Event |
|---|---|
| 2024-11-04 | CAT Admit Card |
| 2024-11-24 | CAT Exam |
The students of 2022-24 batch of IIM Mumbai once again showcased their capabilities by securing a total of 170 Pre-Placement Offers from their summer internship organizations and through various B-school competitions. The Class of 2025 at IIM Mumbai comprised of 446 students, including fresh graduates and seasoned professionals from institutes like the IITs, NITs, BITS etc. This diverse blend of talent ensures a rich learning environment, which is a key factor in the program’s success. A total of 180 companies participated in the final placement drive.
The highest salary in IIM Mumbai placement 2024 reached INR 54 LPA. The average Compensation for the batch was Rs.31 LPA. Average Salary for Top 10% of the batch was INR 47.29 LPA, top 20% of the batch was INR 40.71 LPA, and for the top 50%, it was INR 33.84 Lakh.
| Course | Median Salary |
|---|---|
| MBA/PGDM | 28 LPA |
| MBA- Operations Management | — |
| MBA Sustainability Management | — |
| Executive MBA | — |
| One Year MBA Program | — |
The Overall CAT cutoff for IIM Mumbai for the 2024-2026 admission is 85 percentiles for general category candidates.
| Section | Year | Cutoff |
|---|---|---|
| Master of Business Administration (MBA) | 2024 | 85 |
| MBA- Operations Management | 2024 | 85 |
| MBA Sustainability Management | 2024 | 85 |
IIM Mumbai has achieved notable positions, reflecting its commitment to excellence. The institute ranked 6th in the NIRF Management Rankings for 2024, showcasing its strength in delivering high-quality management education. In global recognition, it ranked 73rd for Quality Education in the World in 2023, highlighting its dedication to impactful educational practices. Additionally, IIM Mumbai was positioned 2nd in The Impact Rankings for 2022, underscoring its significant contributions toward sustainable and socially responsible education.
| Publisher | Year | Rank |
|---|---|---|
| NIRF Management | 2025 | 6 |
| Publisher | Year | Rank |
|---|---|---|
| NIRF Management | 2025 | 6 |
| Publisher | Year | Rank |
|---|---|---|
| NIRF Management | 2025 | 6 |
| Publisher | Year | Rank |
|---|---|---|
| NIRF Management | 2025 | 6 |
| Publisher | Year | Rank |
|---|---|---|
| NIRF Management | 2025 | 6 |
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IIM Mumbai offers various scholarships and financial aid options for its students. These include tuition fee waivers for financially weak students, financial assistance for SC/ST candidates, and teaching assistantships for GATE-qualified candidates. A tuition fee waiver of 30% or 50% may be available based on family income.
Here's a more detailed breakdown:
Tuition Fee Waivers:
IIM Mumbai provides tuition fee waivers based on family income. Waivers range from 30% to 50% for financially weak students. The specific income criteria for these waivers are available on the IIM Mumbai website.
SC/ST Financial Assistance:
SC/ST candidates are eligible for financial assistance as per the schemes of the Government of India, according to Shiksha.
Teaching Assistantship:
GATE-qualified candidates can receive a monthly stipend of INR 12,400 and contingency expenditure as per rules, says Collegedunia.
Other Financial Aid:
IIM Mumbai may also provide financial aid for students facing unforeseen financial difficulties.
Eligibility:
Students must hold a Bachelor's degree with at least 50% marks (45% for SC/ST/PwD) to be eligible for postgraduate programs. Specific eligibility criteria for each scholarship and financial aid option may vary.
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