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Updated on Sep 30 2025, 06:59 PM IST by Nakkal Varsha

IIM Mumbai (NITIE) Placements

  • As per IIM Mumbai NIRF 2025 report, 536 MBA students got placed with a median package of Rs 33 LPA in 2023-24 placements.
  • IM Mumbai placement 2024: 170 Pre-Placement Offers (PPOs) made by various companies.
  • IIM Mumbai highest package 2024 is Rs 54.00 LPA.
  • IIM Mumbai average package for the top 10% of the batch 2024 is Rs 47.29 LPA.
  • IIM Mumbai average package for the top 50% of the batch 2024 is Rs 33.84 LPA.

Indian Institute of Management Mumbai has a placement committee that oversees the NITIE Mumbai placements. IIM Mumbai's highest salary package stood at Rs 54 LPA while NITIE Mumbai's average salary package for the top 10% is Rs 47.29 LPA. 

IIM Mumbai average salary package for the top 50% is Rs 33.84 LPA. Students at the IIM Mumbai are also given internship opportunities in addition to placement opportunities. According to the IIM Mumbai placement report 2023 (NIRF report 2024), around 490 students were offered job offers with IIM Mumbai's median salary package of  Rs 32 LPA.

Also Read: IIM Mumbai Courses

Commonly Asked Questions

On IIM Mumbai (NITIE) Placements
Q: What is the highest salary package offered at IIM Mumbai?
A:
The highest salary package offered at Indian Institute of Management (IIM) Mumbai stood at Rs 54 LPA (Lakhs Per Annum). This impressive figure demonstrates the institute's ability to attract top recruiters and secure lucrative job offers for its students.
Q: How does IIM Mumbai's placement committee function?
Q: What is the average salary package for the top 50% of students at IIM Mumbai?
Q: Does IIM Mumbai offer internship opportunities in addition to placements?
Q: How many students received job offers according to the latest placement report?

IIM Mumbai Placements 2025

All the eligible students got placed in 2023-24 placements as per NIRF report 2025. Students can check below details of the Indian Institute of Management Mumbai placements 2023-24 as per the NIRF 2025 report. 

NITIE Mumbai MBA Placements 2024 Report

ParticularsStatistics

Students graduated

536

Students placed

536

Median Package

Rs 33,00,000

IIM Mumbai Placements 2024

180 recruiters participated in IIM Mumbai placement drive 2024 and 170 PPOs were offered. The placement details of Indian Institute of Management Mumbai are mentioned in the table below. 

IIM Mumbai Placement 2024 Data 

ParticularsStatistics

Batch Strength

346

Companies Participating

180

First-time Recruiters

67

Number of PPOs

170

IIM Mumbai highest package

Rs 54 LPA

IIM Mumbai average salary package for the top 10%

Rs 47.29 LPA

IIM Mumbai average package for the top 50%

Rs 33.84 LPA

Also Read: IIM Mumbai Admissions

Commonly Asked Questions

On IIM Mumbai Placements 2024
Q: What was the highest salary package offered at IIM Mumbai in 2023?
A:
The highest salary package offered at IIM Mumbai in 2023 was Rs 54 LPA (Lakhs Per Annum). This demonstrates the institute's ability to attract top-tier recruiters and secure excellent compensation packages for its graduates.
Q: How many companies participated in IIM Mumbai's 2023 placements?
Q: How many Pre-Placement Offers (PPOs) were received by IIM Mumbai students in 2023?
Q: How does the 2023 placement data compare to the previous year?
Q: How many first-time recruiters participated in IIM Mumbai's 2023 placements?

Major Recruiters at IIM Mumbai

Tata AIA Life Insurance, Edelweiss Financial Services, Fidelity Investments, IDFC First and Axis Bank are some of the top recruiters of IIM Mumbai placements. Students can check some of the top recruiters at IIM Mumbai below.

IIM Mumbai Top Recruiters 

Tata AIA Life Insurance

Tata AIG General

Edelweiss Financial Services

ETLI

Fidelity Investments

ICICI Bank

IDFC First

Kotak Mahindra Bank

Axis Bank

CredAble

Apart from placements, graduates at IIM Mumbai are also offered internship opportunities during the internship fairs conducted by the placement cell.

Commonly Asked Questions

On Major Recruiters at IIM Mumbai
Q: Who are some of the top recruiters at IIM Mumbai?
A:

Some of the top recruiters at IIM Mumbai include prominent companies from various sectors. The list features major financial institutions such as Tata AIA Life Insurance, Tata AIG General, Edelweiss Financial Services, ICICI Bank, IDFC First, Kotak Mahindra Bank, and Axis Bank. Additionally, global investment firm Fidelity Investments and fintech company CredAble are also among the top recruiters at IIM Mumbai.

Q: Are there opportunities in the insurance sector for IIM Mumbai graduates?
Q: How diverse are the recruitment opportunities at IIM Mumbai?
Q: Does IIM Mumbai offer internship opportunities to its students?
Q: How does IIM Mumbai facilitate student placements?

Domain

Management and Business Administration

Level

PG

Year

2 Years

Statistics for Academic Year 2024

ParticularsStatistics
First year total students intake 536
Total students admitted 536
Total Graduated Students 536
Total Placed Students 536
Placement Percentage 100
Median Salary 33.00 L

Placement yearly trends

Placement Percentage
Source Data NIRF 2025

Key takeaways from IIM Mumbai (NITIE)'s Placement Statistics

  • There has been no change in the placement percentage of IIM Mumbai (NITIE)
  • The Median salary of IIM Mumbai (NITIE) has increased by 3.03 %
  • The Placement Percentage of IIM Mumbai (NITIE) is better than 1 college that is ranked higher
  • The Median salary of IIM Mumbai (NITIE) is better than 5 colleges that are ranked higher

Students Review for IIM Mumbai (NITIE)

Best Institute, Nice Environment, Good Teachers

Verified ReviewPlacements

Placement is extremely good for MBA students. More than 90% of students are placed, with the maximum package going beyond 27 LPA, and the average being between 10–12 LPA. Several students also receive summer internship positions at well-known companies.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

My experience so far is great

Verified ReviewPlacements

Placement cell which works day and night untill the last student is placed. No signouts whatsoever. All the big firms visit our campus and now big time opportunities have opened for finance and marketing roles as well. Mumbai City being hub for companies is helping a lot as well.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

best for mba

Placements

placement assistant of the college is so good. Complete placement help is being provided by the college from the big corporates also being arranged by the student also the internship opportunities for the students

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

Have a question related to IIM Mumbai (NITIE) ?

Hi, I am Anand, I got 92.78 CAT percentile in NC-OBC.What are the chances that i get a call from NITIE?

Hi!

NITIE Mumbai (now, Indian Institute of Management, Mumbai) offers a two-year, full-time MBA programme at the postgraduate level. As you have obtained 92.78 percentile in the CAT and belong to the NC-OBC category, you might get a Personal Interview shortlist from IIM Mumbai . CAT percentile is not the only criteria to get a PI shortlist as candidates are shortlisted based on CAT score, and other parameters such as reservation category, gender diversity, etc.

For the NC-OBC category candidates, the minimum requirements on both section-wise and overall percentiles in the CAT is mentioned below:

  • Overall: Greater than or equal to 75
  • VARC: Greater than or equal to 70
  • DILR: Greater than or equal to 65
  • QA: Greater than or equal to 65

Appropriate weightage in overall CAT score and sectional cut-offs shall be considered for gender diversity. The actual cut-offs may be much higher than the abovementioned minimum percentiles as it will depend upon the number of factors.

Post the PI, composite score will be calculated based on various factors such as Class 10, Class 12, Bachelor’s degree marks, work experience, CAT percentile, Personal Interview, Gender Diversity and final merit list will be prepared. If you get a good score at all the stages, then you will get admission to IIM Mumbai (formerly, NITIE).

Also Check : CAT Percentile Predictor 2024 .

Hello,

As you have mentioned that you appeared for this exam  in back 2021 and now you are willing or looking for admission in the above mentioned college so if you want to check about admission through this marks than you can contact the college and let them know your doubt and surely they give you best answer regarding it.

Thank you..

Dear student,

It is difficult to predict because you have not mentioned your Rank and without rank it will be tough to predict your chances of getting seat in Colleges.

GATE 2021 Cut-off for XE:

Highest score : 1000/ 1 000

Highest Marks : 90.33/100

Cut-off score : 37/100

But cut-offs varies from year to year and depends on many factors.

To check previous year's cut-offs of GATE, go through below mentioned link.

NIT GATE cut-off:

https://engineering.careers360.com/articles/gate-cutoff-for-nits

IITs GATE cut-off:

https://engineering.careers360.com/articles/gate-cutoff-for-iits

Predict Colleges you can get using below mentioned College Predictor Tool.

https://engineering.careers360.com/gate-college-predictor

I hope this information was helpful to you.

All The Best!!

IIM Mumbai (NITIE) Frequently Asked Questions (FAQ's)

1: What were the placement statistics for IIM Mumbai in 2023?

In 2023, IIM Mumbai had a batch strength of 346 students, with 180 companies participating and 67 being first-time recruiters.

2: How many pre-placement offers (PPOs) were made at IIM Mumbai?

IIM Mumbai had 170 pre-placement offers (PPOs) during the 2023 placement cycle.

3: What were the placement statistics for IIM Mumbai in 2022?

In 2022, IIM Mumbai had a batch strength of 468 students, with 107 companies participating and the highest salary package being Rs 49 LPA.

4: How many job offers were made to students at IIM Mumbai according to the 2023 placement report?

According to the 2023 placement report, IIM Mumbai offered job placements to around 490 students.

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