IIM Mumbai is a postgraduate, Public Management institute located in Powai Mumbai. IIM Mumbai has been recognized as one of India’s Ivy-League B-School consistently for 5 decades by MHRD. The institute has recently been ranked 7th by NIRF 2023 and 8th by IIRF 2024 in the Management Category. IIM Mumbai offers MBA as its flagship program. Admission to these courses are done through CAT, followed by Group discussion and Personal Interviews. IIM Mumbai CAT cut-off is 85 percentile overall.
IIM Mumbai MBA fees is INR 21 Lakhs for the 2-year program, whereas for the batch 2024, IIM Mumbai average package for top 50% of the batch stood at INR 33.84 LPA and IIM Mumbai highest package offered was INR 54 LPA.
Table of Content
IIM Mumbai Highlights
| Particulars | Statistics |
|---|---|
| Established Year | 1963 |
| Campus Size | 67 acres |
| Students Intake | 304 |
| MBA Fees | INR 21 Lakhs |
| NIRF Ranking 2023 | 7 |
| Number of Courses | 17 |
| Total Faculty | 52 |
| Scholarship |
|
| Highest Package | INR 54 LPA (2024) |
| Top Recruiters | Asian Paints, ICICI Bank, IDFC Bank, Bajaj Auto |
IIM Mumbai Important Dates 2024
| MBA / MBA SM / MBA OSM | |
|---|---|
| Event | Dates |
| Registrations Begin | October 18, 2023 |
| Last Date to Apply | February 02, 2024 (6 PM) |
| Last Date to Apply for MBA and MBA OSM (International Students) | April 15, 2024 (5 PM) |
| VLFM | |
|---|---|
| Registrations Begin | January 16, 2024 |
| Last Date to Apply | February 20, 2024 |
Read More: IIM Mumbai Important Dates
IIM Mumbai Fees 2024
| Courses | Fees |
|---|---|
| MBA | INR 21,00,000 (2 years) |
| MBA (Operations and Supply Chain Management) | |
| MBA (Sustainability Management) | |
| PGPEX-VLFM | INR 16,32,000 (1 year) |
IIM Mumbai Courses 2024
IIM Mumbai offers around 17 courses. Some of the major courses include MBA, MBASM, MBAOSM and PGDEX-VLFM. The highlights of all the major courses are mentioned below:
| Courses | Program Details |
|---|---|
| MBA | Intake: 304 Eligibility: Bachelor’s degree with 50% marks or Students in their Final Year of Examination. Selection Criteria: CAT Scores + Personal Interview + Academic Score + Work Experience + Gender Diversity |
| MBA-OSM | Eligibility: Bachelor’s degree in Engineering / Technology with 50% marks OR Full-time Degree in M.Sc (Mathematics / Statistics) or Dual Degree of 5 Years or BS/B.Tech of 4 Years OR Students in their Final Year of Examination. Selection Criteria: CAT Scores + Personal Interview + Academic Score + Work Experience + Gender Diversity |
| MBA-SM | Eligibility: Bachelor’s degree with 50% marks or Students in their Final Year of Examination. Selection Criteria: CAT Scores + Personal Interview + Academic Score + Work Experience + Gender Diversity |
| PGPEX-VLFM | Intake: 20 Eligibility: Bachelor’s degree in Technology with first class and a minimum of 4 years of work experience. Selection Criteria: Leadership Profiling + Aptitude Test + Personal Interview + Statement of Purpose + Letters of Reccommendation |
Check: IIM Mumbai Courses & Fees
IIM Mumbai Admission 2024
IIM Mumbai admission 2024 will commence with the onset of CAT 2023 registrations. The MBA admission process includes the following stages mentioned below:
| Admission Stage | Description |
|---|---|
| Application Process | Interested candidates can register for the MBA program. |
| Shortlisting | The applicants will be shortlisted based on their CAT scores and the eligibility criteria. |
| PI process | The shortlisted candidates will be called to the IIM Mumbai campus for Personal Interviews (PI) |
| Final Selection | The final selection is based on the composite score, which will consider the academic records, CAT score, relevant work experience, gender diversity and performance in the PI process. |
The following data represents the admission stats for the PGDIM batch of 2023-25:
| Category | No. of Candidates Selected IIM Mumbai MBA/ PGDIM | Candidates Selected for WAT/ PI | No. of Students with Final offer |
|---|---|---|---|
| General | 1653 | 861 | 381 |
| EWS | 166 | 53 | 55 |
| NC - OBC | 745 | 510 | 267 |
| SC | 402 | 258 | 139 |
| ST | 83 | 51 | 40 |
| PWD | 23 | 6 | NA |
| KM | 7 | 4 | - |
The Waitlist stats for admission into PGDIM batch 2023-25 is as follows:
| Category | No. of Students with Waitlist Offer |
|---|---|
| General | 381 |
| EWS | 55 |
| NC - OBC | 267 |
| SC | 139 |
| ST | 40 |
| PWD | NA |
The class composition of PGDIM batch 2023-25 is as follows:
| Category | No. of Students |
|---|---|
| General | 121 |
| EWS | 14 |
| NC - OBC | 82 |
| SC | 46 |
| ST | 14 |
| PWD | NA |
Check: IIM Mumbai detailed Admissions
IIM Mumbai Cut-off 2024
IIM Mumbai cut-off for MBA and MBA SM is 85 percentile overall and 80 percentile sectional for VARC and DILR, and 75 percentile for QA.
The cut-off for all the categories is mentioned below:
| Category | Overall | VARC | DILR | QA |
|---|---|---|---|---|
| Open | 85 | 80 | 80 | 75 |
| NC-OBC | 75 | 70 | 65 | 65 |
| EWS | 75 | 70 | 65 | 65 |
| SC | 70 | 65 | 60 | 60 |
| ST | 65 | 55 | 55 | 55 |
| PwD | 55 | 45 | 45 | 45 |
IIM Mumbai cut-off for MBA OSCM is 98 percentile overall and 93.50 percentile sectional for VARC, DILR and QA. The cut-off for all the categories is mentioned below:
| Category | Gender | Overall | VARC | DILR | QA |
|---|---|---|---|---|---|
| General | Male | 98 | 93.50 | 93.50 | 93.50 |
| Female | 85 | 80 | 80 | 75 | |
| Transgender | 85 | 80 | 80 | 75 | |
| General PwD | Male | 55 | 45 | 45 | 45 |
| Female | 55 | 45 | 45 | 45 | |
| Transgender | 55 | 45 | 45 | 45 | |
| EWS | Male | 85 | 80 | 80 | 80 |
| Female | 75 | 70 | 65 | 65 | |
| Transgender | 75 | 70 | 65 | 65 | |
| EWS PwD | Male | 55 | 45 | 45 | 45 |
| Female | 55 | 45 | 45 | 45 | |
| Transgender | 55 | 45 | 45 | 45 | |
| ON | Male | 85 | 80 | 80 | 80 |
| Female | 75 | 70 | 65 | 65 | |
| Transgender | 75 | 70 | 65 | 65 | |
| ON PwD | Male | 55 | 45 | 45 | 45 |
| Female | 55 | 45 | 45 | 45 | |
| Transgender | 55 | 45 | 45 | 45 | |
| SC | Male | 75 | 70 | 65 | 65 |
| Female | 70 | 65 | 60 | 60 | |
| Transgender | 70 | 65 | 60 | 60 | |
| SC PwD | Male | 55 | 45 | 45 | 45 |
| Female | 55 | 45 | 45 | 45 | |
| Transgender | 55 | 45 | 45 | 45 | |
| ST | Male | 65 | 55 | 55 | 55 |
| Female | 65 | 55 | 55 | 55 | |
| Transgender | 65 | 55 | 55 | 55 | |
| ST PwD | Male | 55 | 45 | 45 | 45 |
| Female | 55 | 45 | 45 | 45 | |
| Transgender | 55 | 45 | 45 | 45 |
The Overall CAT Cutoff Stats for the PGDIM batch 2023-25 is as follows:
| Category | Overall CAT Percentile Male | Overall CAT Percentile (Female) | Overall CAT Percentile (Transgender) |
|---|---|---|---|
| General | 97.75 | 92.75 | 92.75 |
| EWS | 97.75 | 92.75 | 92.75 |
| NC - OBC | 87.0 | 83.0 | 83.0 |
| SC | 65.0 | 60.0 | 60.0 |
| ST | 55.0 | 50,0 | 50.0 |
| PWD | NA | NA | NA |
The Sectional CAT Cutoff Stats for the PGDIM batch 2023-25 is as follows:
| Category | Overall CAT Percentile Male | Overall CAT Percentile (Female) | Overall CAT Percentile (Transgender) |
|---|---|---|---|
| General | 85 | 72 | 72 |
| EWS | 85 | 74 | 74 |
| NC - OBC | 72 | 61 | 61 |
| SC | 56 | 45 | 45 |
| ST | 46 | 35 | 35 |
| PWD | NA | NA | NA |
The Composite score considered for admission of PGDIM batch 2023-25 is as follows:
| Category | Minimum CAT Percetile of Candidate with Offer | Lowest Composite Score | Highest Composite Score |
|---|---|---|---|
| General | 91.56 | 91.54 | 99.77 |
| EWS | 81.32 | 80.31 | 97.99 |
| NC - OBC | 86.45 | 86.45 | 96.66 |
| SC | 79.79 | 79.79 | 95.54 |
| ST | 63.64 | 62.03 | 91.63 |
| PWD | NA | NA | N |
Check: IIM Mumbai Cut-off
IIM Mumbai Placements 2024
IIM Mumbai Placements 2024 has been concluded. IIM Mumbai average package for top 50% of the batch stood at INR 33.84 LPA. IIM Mumbai highest package stood at INR 54 LPA.
| Particulars | Placement Statistics 2024 |
|---|---|
| Number of Recruiters | 180 |
| PPOs offered | 170 |
| Highest Package | INR 54 LPA |
| Top 10% Average Package | INR 47.29 LPA |
| Top 50% Average Package | INR 33.84 LPA |
| Top Recruiters | American Express, KPMG, Abbott, Amazon, Cisco, Wipro |
IIM Mumbai placement statistics for the last 3 years are mentioned in the table below:
| Year | Highest Package | Average Package |
|---|---|---|
| 2023 | INR 78.20 LPA | INR 25.27 LPA |
| 2022 | INR 49 LPA | INR 25.4 LPA |
| 2021 | INR 44 LPA | INR 19.50 LPA |
| 2020 | INR 58.24 LPA | INR 21.82 LPA |
Check: IIM Mumbai Placement Report
IIM Mumbai Ranking 2024
IIM Mumbai has been ranked 7th by NIRF 2023, among the top management institutes in India. The other ranking is mentioned below:
| Ranking Body | Year | Category | Rank |
|---|---|---|---|
| NIRF | 2023 | Management | 7 |
| IIRF | 2024 | Govt. B-School | 8 |
| IIRF | 2023 | Govt. B-School | 7 |
Check: IIM Mumbai detailed Ranking
IIM Mumbai Vs IIM Ahmedabad Vs IIM Udaipur
A comparison among the top 3 management institutes i.e, IIM Mumbai, IIM Ahmedabad and IIM Udaipur has been done in the table below:
| Particulars | IIM Mumbai | IIM Indore | IIM Udaipur |
|---|---|---|---|
| NIRF Ranking 2023 | 7 | 8 | 16 |
| Established Year | 1963 | 1996 | 2011 |
| Campus Area | 67 acres | 193 acres | 300 acres |
| MBA Batch Size | 304 | 471 | 340 |
| Admission Process | CAT + GD & PI | CAT + PI | CAT + PI through CAP |
| CAT Cut-off | 85 percentile | 90 percentile | 94 percentile |
| MBA Fees | INR 21,00,000 | INR 21,17,158 | INR 21,20,000 |
| Highest Package | INR 54 LPA | INR 1 CPA | INR 46.77 LPA |
| Average Package | NA | INR 25.68 LPA | INR 20.09 LPA |
| Scholarship | Merit-based scholarship available. | Need-based scholarship are available. | Scholarships are offered by the Government of India and the Government of Rajasthan. |
Life at IIM Mumbai
IIM Mumbai campus is well equipped with all the modern facilities. The classroom is spacious and equipped with all the necessary presentation facilities like overhead projectors and screens. Then there is an air-conditioned auditorium for lectures, screening of management films, and executive development programs.
The IIM Mumbai campus has hostel facilities for its PGP programs. The hostel rooms are well furnished with single occupancy and attached washrooms. After a full day's class, the students have options to relax and spend their leisure time in sports like badminton, table tennis, basketball, volleyball, carrom, cricket, etc. The students can also relax in the hostel's common room which is equipped with a music system, television, and reading material.
IIM Mumbai FAQs
Ques. Is IIM Mumbai only for engineers?
Ans. Yes, candidates from any branch of engineering and technology can apply for IIM Mumbai courses.
Ques. Does IIM Mumbai offer MBA?
Ans. Yes, IIM Mumbai is one of the prestigious institutes that offers MBA, MBA (Sustainibility Management) and MBA (Operations and Supply Chain Management).
Ques. How can I reach IIM Mumbai ?
Ans. IIM Mumbai is located in Powai. The nearest airport is Chhatrapati Shivaji Airport. Nearby railway stations are Vikhroli and Kanjurmarg. One can take a cab or auto to reach the campus from the airport.
Ques. What is the cut-off for IIM Mumbai ?
Ans. The IIM Mumbai cut-off is 85 percentile overall.
Ques. How much GATE score is required for IIM Mumbai ?
Ans. The GATE score for IIM Mumbai is 750 overall.
Ques. Does IIM Mumbai accept gate scores?
Ans. Yes, IIM Mumbai accepts GATE scores for PGDIE and PGDSM admission.
Ques. What is the average salary at IIM Mumbai?
Ans. The average salary for the top 50% of the batch for IIM Mumbai is INR 33.84 LPA in the 2024 placement drive.
Ques. Does IIM Mumbai offer scholarships to its students?
Ans. Yes, IIM Mumbai offers scholarships to its students.
- 30% - 50% tuition fee waived off for financially weak students.
- ST/SC candidates are exempted from payment of tuition fees if they have an annual income below 4.5 lakh
Ques. Does IIM Mumbai have hostels?
Ans. Yes, IIM Mumbai has hostel facilities for full-time, residential program students.
Ques, How are IIM Mumbai Hostels?
Ans. There are 3 hostel blocks and an MDP building for executives. The hostel building has 16 floors and a capacity of 800 students. IIM Mumbai hostel rooms are well furnished and are of single occupancies with attached washrooms. The hostel is well equipped with water coolers, lifts, washing machines, common rooms, wifi, and indoor facilities.
Ques. What are the fees for MBA at IIM Mumbai ?
Ans. The fee for MBA programs at IIM Mumbai is INR 21 Lakhs for 2 years.
Ques. How are placements at IIM Mumbai ?
Ans. In the 2024 placement drive at IIM Mumbai , a total of 180 recruiters visited the campus and among them, 67 were new recruiters. The highest package stood at INR 54 LPA.
Ques. What is the average salary after IIM Mumbai?
Ans. After completing a MBA program from IIM Mumbai, the students can expect an average salary of INR 30-40 LPA, according to the 2024 placement drive.
Ques. What are the recreational facilities available on the IIM Mumbai campus?
Ans. There are various sports facilities available within the campus like the football ground, basketball court, badminton court, Table Tennis, etc. Also, there is a recreation room, TV lounge, yoga space, and canteen.
Ques. How is the library at IIM Mumbai ?
Ans. The IIM Mumbai library is well furnished with more than 55,000 books, 11,000 periodical bound volumes, and 237 technical journals in the field of industrial engineering, manufacturing management, operations and supply chain management, project management, etc.
Ques. What are the courses offered by IIM Mumbai?
Ans. The courses offered by IIM Mumbai are as follows:
- Post Graduate Diploma in Industrial Engineering (PGDIE)
- Post Graduate Diploma in Industrial Management (PGDIM)
- Post Graduate Diploma in Sustainable Management (PGDSM)
- Executive Post Graduate Diploma - Visionary Leaders For Manufacturing (PGDEx-VLFM)
- General Management Programme (DGMP)
- Certification Courses
Ques. What is the application fee for IIM Mumbai MBA Programs?
Ans. The application fee for MBA Programs is INR 2,000 for General Candidates and INR 1,000 for ST, SC, and PWD candidates.
Ques. What are the exams accepted for admission into the MBA program at IIM Mumbai ?
Ans. IIM Mumbai accepts CAT for admission into the MBA program.
Ques. How many seats are reserved in PGDSM program for sponsored candidates at IIM Mumbai?
Ans. 15 seats are reserved in PGDSM program for sponsored candidates.
Ques. What are the requirements for sponsored candidates for admission into the IIM Mumbai PGDSM program?
Ans. The candidates should fulfill the following eligibility criteria:
- Bachelor’s degree in Engineering/ Technology with a minimum of 60% marks.
- 2 years of full-time work experience.
Ques. Which exam does the sponsored candidate need to appear for admission into the IIM Mumbai PGDSM program?
Ans. The candidate must appear for a written test and an interview conducted by IIM Mumbai.
Ques. Do sponsored candidates need to appear for CAT for admission into the IIM Mumbai PGDSM program?
Ans. No, CAT is not required for admission of the sponsored candidate.
Ques. Does IIM Mumbai provide any benefits for the ST/ SC candidates?
Ans. Yes, the ST/ SC candidates whose family annual income is less than INR 4.5 lakh is exempted from paying the academic fees.
Ques. What are the events conducted at IIM Mumbai ?
Ans. There are various events conducted at IIM Mumbai . Some of them are as follows:
- Mahamandi, an event for a social cause.
- NPL, a sporting event.
- Sansmaran, annual alumni event
- Avartan, annual festival
Ques. What are the eligibility criteria for the PGDIE program at IIM Mumbai?
Ans. The candidates should fulfill the following eligibility criteria to apply for the PGDIE program:
- Bachelor’s degree in Engineering/ Technology with a minimum of 60% marks (5% relaxation for ST/ SC/ PWD candidates).
- Valid GATE score
- The first-year Engineering/ Technology students can also apply, if they fulfill the above-mentioned criteria.
Ques. What are the eligibility criteria for sponsored candidates for admission into the PGDIE program at IIM Mumbai?
Ans. The sponsored candidates should fulfill the following eligibility criteria:
- Bachelor’s degree in Engineering/ Technology with a minimum of 60% marks.
- Minimum 2 years of work experience.
Ques. Does sponsored candidate need to appear for GATE for admission into the PGDIE program at IIM Mumbai?
Ans. No, sponsored candidates do not need to appear for GATE. They will have to appear for a written test and a personal interview conducted by IIM Mumbai.
Ques. Do IIM Mumbai PGDIE students need to go for a summer internship?
Ans. Yes, IIM Mumbai PGDIE students need to go for a summer internship of 8 weeks after the first year.
Ques. When does the placement start in IIM Mumbai?
Ans. The IIM Mumbai placements usually start in the first half of January.
Ques. What are the PhD specializations areas offered at IIM Mumbai?
Ans. The PhD specializations areas offered by IIM Mumbai are as follows:
- Analytics & Data Science
- Economics
- Finance
- Marketing
- Operations & Supply Chain Management
- Organizational Behavior & Human Resource
- Sustainability Management
Ques. Are hostel facilities available for Fellow students at IIM Mumbai?
Ans. Yes, hostel facilities are available for the Fellow students but on the basis of availability.
Ques. Who are eligible for Fellow program at IIM Mumbai?
Ans. The candidates who fulfill the following criteria are eligible for the Fellow program at IIM Mumbai:
- Master’s degree in Engineering/ Technology, Management, Economics, Commerce, Social Sciences, Life Science & Pure Sciences, Judicial science, and law, with 60% aggregate marks (55% for SC/ ST. PWD candidates) OR BE/ B.Tech with 7.5 CGPA.
- 3-years of work experience
- Candidates appearing for final examination can also apply.
- Project/ Work Experience/ Research Publications in these areas are preferred.
Ques. What is the eligibility criteria for fellow program for Industry Professionals?
Ans. The Industry professionals need to fulfill the following eligibility criteria:
- Master’s degree from any IIMs/ IITs/ NITs or National level institutions with minimum 8.0 CGPA or 75%, and a 3-years of work experience. OR
- Master’s degree in Economics, Commerce, Social Sciences, and Sciences with 7.0 CGPA or 65% marks and atleast 4 years of work experience. OR
- B.Tech/ BE from IITs/ NITs or other national level institutes with a minimum of 8.0 CGPA or 75% marks and atleast 4 years of professional experience.
- The age of the candidates should not be more than 50 years.
Ques. What is the duration of the Fellow program at IIM Mumbai?
Ans. The duration of the fellow program at IIM Mumbai is 5 years.
Ques. How much financial assistantship and grant is offered to the Fellow students at IIM Mumbai?
Ans. The fellow students will receive financial assistance of INR 31,000 per month for 1st and the 2nd year and INR 35,000 per month in the 3rd, 4th, and 5th year.
Ques. What is the eligibility that the Fellow students need to fullfill to receive financial assistance from IIM Mumbai?
Ans. The candidates should have joined in the full-time Fellow program at IIM Mumbai. The sponsored candidates will not be considered. They should have qualified and should have a valid score in GATE/ UCG-NET/ UGC-JRF.
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