IIM Mumbai - Indian Institute of Management, Mumbai
About IIM Mumbai
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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IIM Mumbai Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
| PGPEX | ₹10.32 Lakhs (Total Fees) | Graduation | 18 Oct - 31 Mar 2024 | |
MBA 3 Courses | ₹21 Lakhs (Total Fees) | Graduation with 50% | 18 Oct - 31 Mar 2024 | |
| MDP | ₹26,250 (Total Fees) | Graduation | - | |
| Fellowship | ₹1.04 Lakhs (1st Year Fees) | Post Graduation | 8 Nov - 20 Feb 2024 |
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
Exec. Certification 1 Course | ₹1.4 Lakhs (Total Fees) | Graduation | 30 Apr 2024 |
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Courses Offered By IIM Mumbai 2024
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IIM Mumbai Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Upcoming Nov 24, 2024 |
| CAT 2024 Result Date | Tentative Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Admit Card Date | Oct 25, 2024 |
| CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
Important Events
| Events | Dates |
|---|---|
| CAT 2024 Exam Date | Upcoming Nov 24, 2024 |
| CAT 2024 Result Date | Tentative Dec 26, 2024 |
Expired Events
| Events | Dates |
|---|---|
| CAT 2024 Admit Card Date | Oct 25, 2024 |
| CAT 2024 Registration Date | Aug 03, 2024 - Sep 20, 2024 |
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IIM Mumbai Rankings 2024
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IIM Mumbai Scholarship 2024
Scholarship provided by the college.
IIM Mumbai scholarships are offered under various criteria to deserving and meritorious students. The financial support provided by the institute is in the form of tuition fee waiver for students enrolled in various degree programs.
Table of Content
IIM Mumbai Scholarships Details
The below table represents details for IIM Mumbai scholarships:-
| Scholarship Name | Amount | Eligible students |
|---|---|---|
| Type 1 | 30% tuition fee waiver | Family income less than INR 2.50 lakhs |
| Type 2 | 50% tuition fee waiver | Family income less than INR 1 lakhs |
| Teaching Assistantship | INR 12,400 per month | GATE Qualifiers |
| Central Sector Scholarship Scheme- Top Class Education of SC students | N.A. | Family income less than INR 8 lakhs |
| Central Sector Scholarships Scheme- Top Class Education of ST students | N.A. | Family income less than INR 8 lakhs |
Scholarships offered by IIM Mumbai
IIM Mumbai offers scholarships to its students in three categories as mentioned below:-
- Scholarships Type 1
IIM Mumbai Scholarships type 1 provide a 30% tuition fee waiver to its students. This fee waiver is for those students enrolled in the postgraduate programs whose total family income falls below INR 2.50 lakh in the last financial year.
- Scholarships Type 2
IIM Mumbai Scholarships type 2 offers 50% waiver of tuition fee: This fee waiver is applicable to all those students enrolled in the postgraduate programs whose total family income falls below INR 1.00 lakh in the last financial year.
- Teaching Assistantship
IIM Mumbai provides teaching assistantship to GATE qualifiers with an amount worth INR 12,400 per month and contingency expenditure as per rules.
Scholarships offered by the Government of India
SC / ST candidates are granted Central Sector Scholarship as per the Government scheme. Scholarships offered by the Government of India are as mentioned further:-
- Central Sector Scholarships- Top Class Education Scheme for SC Students
Offered by the Ministry of Social Justice & Empowerment, GoI, to SC students. It is provided based on their annual parental income for the previous financial year.
Candidates interested to apply for such scholarships should have a gross family income not exceeding INR 8,00,000/-.
- Central Sector Scholarships- Top Class Education Scheme for ST Students
The scholarships are offered to ST students. It is provided based on their annual parental income for the previous financial year.
Candidates interested to apply for such scholarships should have a gross family income not exceeding INR 8,00,000/-.
IIM Mumbai Scholarships FAQs
Ques. Does IIM Mumbaiprovide scholarship assistance to its students?
Ans. Yes, IIM Mumbai offers scholarships to its students under various categories as tuition fee waivers and teaching assistantship.
Ques. What forms of financial assistance is offered by IIM Mumbai?
Ans. Scholarships offered by IIM Mumbai are in the form of 30% and 50% tuition fee waivers. In addition, teaching assistantship is also offered to GATE qualifiers.
Ques. Which students are eligible to qualify for scholarships at IIM Mumbai?
Ans. Students with family income less than INR 1 lakhs are eligible to qualify for 50% tuition fee waivers scholarships. Students with family income less than INR 2.5 lakhs are eligible for 30% tuition fee waivers.
Ques. Are there any other scholarships than tuition fee waivers for IIM Mumbaistudents?
Ans. There are scholarships in the form of teaching assistantship worth INR 12,400 per month for GATE qualifiers.
Ques. Are there any government scholarships available for students in IIM Mumbai?
Ans. Yes there are government of India scholarships for SC / ST students available under IIM Mumbai scholarships.
IIM Mumbai: 41 Answered Questions
What are the differences between Operations and SCM at NITIE?
Supply Chain Management deals with the flow of goods and services from external businesses or places. Operation management is the management of internal processes. The skill-sets required for SCM and Operations Management are fairly similar. Many companies have different teams or individuals that handle these areas separately. Also, for some companies, a single team or a person handles both areas. The meaning of SCM and Operations are often interchangeable. In NITIE also, they mean the same thing.
Can we use last year's GATE score for NITIE Mumbai 3 PGD courses?
Yes, you can use last year’s GATE score for getting admission in 3 PGD courses at NITIE Mumbai. Your GATE score will be valid for the next 3 years. So, you can apply for NITIE, within that period, with the same GATE score. You won’t have to take GATE again within the next 3 years.
Can anyone guide me regarding what kind of questions are asked in NITIE Mumbai for PGDIE intakes?
A friend of mine appeared for the PGDIE interview of NITIE Mumbai, a few years back. He is a Mechanical Engineering graduate. Around 70% of the interview questions were about his profile and his B.Tech project. There were some questions from his graduation subjects as well. During the interview, they often ask technical questions like, ‘Why NITIE?’, ‘What is your career goal?’, etc.
NITIE selection criteria assign more weightage to the GATE score. If you have a decent GATE score, you will have an edge over others. But don’t take the GD-PI round lightly.
Can a dropper convert the GD/PI to an admission in Nitie? If, yes what are the consequences the person has to suffer during the span of the course and in placements?
There are a number of students in the new sessions who hold a bit of a gap in their education. Being a dropper is not a big deal and does not possess any destructive concerns.
However, some of the companies do take it into account as a negative consequence during the placement process. But do not let your spirits down and face it head on. It’s the skills you possess that would help you to make it through the entire process.
Is it worth doing a PGDIE course at NITIE at 29, after having a 5-year gap after graduation and a 3-year work experience in a PSU? Do placements get affected because of the age factor?
Answering such a question is a bit typical as it is important to know whether you are working or just asking. If you are working or due to some reason there is a gap of 5 years after graduation then you should have substantial reason during your PI.
Another crucial factor will be what the main reason is for the 5-year gap after graduation. Just in case,
- If you are a female candidate and left work due to marriage, childbirth, and relocation to a different city, the recruiters will tend to be more cooperative.
- If you do not have any illnesses or other severe burdens recruiters will be skeptical of hiring you as it shows that you lack the motivation to work.
- But, if you are from PSU you would be preferred in final interviews. I would suggest you with such experience in PSU and 5 years of gap your best bet would be towards consulting. Though, it could be a bit difficult getting into FMCG.
Apart from all this, if you want to join NITIE for placements, I think the average package is pretty good now and you will get at least 15 LPA if you are a sincere person or at the worst someone will get only 10 LPA for sure. Better you prepare yourself with convincing reasons and joining NITIE would be the best option.
Is it necessary to prepare a resume for NITIE PGDIE GD/PI?
No. you don't have to necessarily prepare a resume for NITIE PGDIE GD/PI. Instead, you will be required to fill out your application form carefully. Every minute detail regarding yourself has to be filled in as the interviewers will be probing questions based on the application form only. The interviewer will have a soft copy of your application form with them.
It's highly advisable to prepare questions regarding your work experience project or internship project if you are a fresher.
How much percentile do I need to get a call from MDI Gurgaon, IMT Ghaziabad, IIM K, SP Jain, NITIE?
To secure admission to top MBA institutes in India, you should aim for CAT percentiles from 85 onwards. Here's the order of the institutes you should target in descending order - IIM K with 97+ percentile, MDI with 96+, IMT Ghaziabad with 90+, SPJain with 85+, and NITIE with as high as possible sectional-wise.
Even though SPJain is a premier institute, it gives a call from the 85 percentile onward, since they focus on overall values that an individual possesses and want students with more values in them. They have 2 group interviews, so they follow a rejection procedure.
NITIE has a sectional cutoff, so it's advisable to have as high as possible sectional-wise, as many people with an overall CAT percentile in the range of 97-98 were not selected in either of their 2 programs(PGDM and PGDIESM) in 2016.
IIM K also has a sectional cutoff of 90+, so it's important to score well in each section.
It's worth noting that these institutes do not have a sectional cutoff, but it's always advisable to have a 90+ sectional percentile to be on the safer side. Aim for high percentile and sectional scores to improve your chances of securing a seat in these prestigious institutes.
Which is a better B-school in general, NITIE or IIMs?
NITIE was not established to compete with the IIMs. It was established with the aim of making Engineers into good managers who have decent technical and managerial skills required across industries.
But, since the PGDIM & PGDISEM programs of NITIE admit students through CAT, people do compare the college with IIMs. Still, in case you want to know where NITIE stands among reputed B-Schools of India, I will say it falls in cluster - 2.
Here are the various clusters of Indian B-Schools.
- Cluster 1 - IIM A, IIM B, IIM C, IIM L, XLRI, SPJIMR, FMS, ISB
- Cluster 2 - MDI, IIFT, NITIE, IIM K, IIM I, SJMSoM, JBIMS, TISS
- Cluster 3 - NMIMS, SIBM P, SCMHRD, IIM Ranchi, IIM Trichy, IIM Rohtak, IIM Raipur, DoMS IIT D, VGSoM
Despite being in a different cluster, the course structure, rigor, placements, industrial exposure, and batch quality of NITIE are on par with the old IIMs. NITIE also has a locational advantage. The alumni base of NITIE is huge and they regularly visit the campus for guest lectures, seminars, and placements.
So, IIMs and NITIE are different types of B-Schools and it’s not possible to give a conclusive comparison between them.
What is the better way to get an admission in NITIE Mumbai through the GATE or the CAT?
Some of my friends studied at NITIE Mumbai. According to them, there is no better way to get admission to NITIE. There are 2 ways to get admission, these include -
- Through GATE - This leads to admission in courses like PGDIE, which is the flagship course, PGDMM, and PGDPM.
- Through CAT - This gets admission in PGDIM and PGDISEM.
At NITIE all the courses are given equal importance. The faculties of every course are highly experienced and very cooperative.
The college conducts a common placement program, where all the students of all departments can take part in. The course structure is almost similar during the first year.
So you can choose from these 2 ways to get admission to NITIE. Ultimately it depends on your strengths and weaknesses.
There is nothing like a better way to join NITIE, to join any of the courses you have to be top-ranked in the respective exams.
Is there any fake placement in NITIE?
No, not at all. NITIE is one of the most reputed colleges in India. In fact, NITIE is a brand of its own. It is basically a government institute that falls directly under the MHRD. It has been standing tall and strong for the past 54 years.
- NITIE has a 100% placement rate.
- The highest package offered is 44 LPA while the average package offered is 20.85 LPA.
- Some of the major companies like Amazon, Flipkart, GlaxoSmithKline Pharmaceuticals (GSK), Abbott Healthcare Pvt Ltd, Amway, Google, Vodafone, Nestle, etc come for final placements.
NITIE has built tie-ups with the industry, all with the help of the several pillars on which it thrives be it Deans, Directors, Faculty, alumni, Student volunteers, and others. It has only been possible because of the trust and integrity that is shared between NITIE and its stakeholders.
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