IIM Mumbai is a management institute established in 1963 as the National Institute of Industrial Engineering (NITIE) in Powai, Mumbai. It is an Institute of National Importance and offers PG, doctoral, executive, and UG programs. In the NIRF Management Rankings 2025, it secured Rank 6 in India.
IIM Mumbai offers its popular MBA along with MBA in Operations and Supply Chain Management (MBA-OSCM), MBA in Sustainability Management (MBA-SM), and other specialised programs. Admission to its two-year MBA programs is based on CAT 2026 scores, followed by the institute's shortlisting and selection process.
IIM Mumbai Key Highlights
- Popular Courses: MBA, MBA-OSCM, MBA-SM, PGDEx-VLFM, MBA-PGPEx
- Total Program Fees:
- MBA / MBA-OSCM / MBA-SM: INR 25 Lakhs
- PGDEx-VLFM: INR 16.32 Lakhs
- BS in Digital Science and Business Management: INR 31.20 Lakhs
- MBA-PGPEx: INR 15 Lakhs (annual payment) or INR 16 Lakhs (module-wise payment), plus applicable taxes
- Admission Criteria:
- MBA / MBA-SM: Bachelor's degree with at least 50% marks (45% for SC/ST/PwD candidates) and a valid CAT score
- MBA-OSCM: Eligible bachelor's qualification with the required marks and a valid CAT score
- BS: Class 12 with Physics and Mathematics, required marks, and JEE Main Paper 1, subject to the applicable admission policy
- Placements 2026:
- Highest CTC: INR 71.4 LPA
- Average CTC: INR 31.4 LPA
- Three-Year Average Median CTC: INR 33 LPA
- Summer Placements 2027:
- Highest Stipend: INR 5 Lakhs
- Average Stipend: INR 2.50 Lakhs
- Median Stipend: INR 2.50 Lakhs
IIM Mumbai Admission Dates 2027
IIM Mumbai Admission 2027 is based on CAT 2026 scores.
| Particulars | Date (Tentative) |
|---|---|
| CAT 2026 Registration Opens | August 3, 2026 |
| Last Date to Register for CAT 2026 | September 22, 2026 |
| CAT 2026 Exam Date | November 29, 2026 |
| CAT 2026 Result | December 2026 / January 2027 |
| IIM Mumbai Shortlisting | January 2027 onwards |
IIM Mumbai Fees 2027
The total fee for the two-year MBA, MBA-OSCM, and MBA-SM programs is INR 25 Lakhs. An additional INR 50,000 refundable caution money deposit is payable separately, so the initial amount becomes INR 25.50 Lakhs, excluding mess charges and the mess deposit. The caution money is refunded after program completion, subject to adjustment of any outstanding dues. Check the detailed IIM Mumbai Fees below.
| Program | Duration | Total Program Fees |
|---|---|---|
| MBA / MBA-OSCM / MBA-SM | 2 Years | INR 25 Lakhs |
| PGDEx-VLFM | 1 Year | INR 16.32 Lakhs |
| BS in Digital Science and Business Management | 4 Years | INR 31.20 Lakhs |
| MBA-PGPEx | 1 Year | INR 15 Lakhs (Annual Payment) / INR 16 Lakhs (Module-Wise Payment) + Applicable Taxes |
IIM Mumbai: What Do Students Discuss on Reddit?
Is IIM Mumbai worth joining, or should a fresher take another attempt at CAT to target BLACKI IIMs?
In a Reddit discussion, a fresher with a 98.8 percentile in CAT and a strong academic profile was unsure whether to join IIM Mumbai or take a drop year to improve their chances of getting into BLACKI IIMs. The discussion highlights common aspirant concerns around college choice, career opportunities, work experience, and the risks of taking another CAT attempt.
Source: Reddit
IIM Mumbai Admission 2027
IIM Mumbai Admission 2027 involves different eligibility criteria and selection processes for MBA, MBA-OSCM, MBA-SM, VLFM, BS in Digital Science and Business Management, and PhD programs. Admission to the three MBA programs is based on CAT 2026 scores, while the BS program considers JEE Main Paper 1, subject to the applicable admission notification. VLFM admission includes an aptitude test and personal interview, whereas PhD admission involves academic screening and research-based selection. Check the detailed IIM Mumbai admission process below.
| Program | Eligibility Criteria |
|---|---|
| MBA | Bachelor's degree with 50% marks (45% for SC/ST/PwD) + CAT 2026 |
| MBA-OSCM | Eligible Engineering, Technology, Mathematics, Statistics, or specified Economics-related qualification with 50% marks (45% for SC/ST/PwD) + CAT 2026 |
| MBA-SM | Bachelor's degree with 50% marks (45% for SC/ST/PwD) + CAT 2026 |
| VLFM | First-class full-time B.E./B.Tech degree + 4 to less than 10 years of full-time industrial experience |
| BS | 10+2 with Physics and Mathematics; 60% marks (55% for SC/ST/PwD) + JEE Main Paper 1 |
| PhD | Master's degree with 55% marks, eligible professional qualification, or four-year bachelor's degree with 65% marks, subject to program requirements |
IIM Mumbai MBA Selection Criteria
- CAT 2026: Candidates must appear for CAT and meet the applicable shortlisting requirements.
- Shortlisting: Applications are assessed under the admission policy for the chosen MBA program.
- Further Selection: Shortlisted candidates participate in interviews.
- Final Admission: Selection depends on the program-specific criteria and applicable weightages.
IIM Mumbai VLFM Selection Criteria
- Application: Submit the online application and complete leadership profiling.
- Aptitude Test: Shortlisted candidates appear for the aptitude test.
- Personal Interview: Candidates attend an interview with IIM Mumbai and IIT Delhi faculty members.
- Documents: Submit an SOP and two LORs. Sponsored candidates must also provide sponsorship documents.
How to Apply for IIM Mumbai Admission 2027
| Program | Application Process |
|---|---|
| MBA / MBA-OSCM / MBA-SM | Register for CAT 2026, appear for the exam, complete the required application formalities, and attend further selection rounds if shortlisted. |
| VLFM | Apply online, submit leadership profiling, SOP, and two LORs, and attend the aptitude test and interview if shortlisted. |
| BS | Apply for JEE Main and the BS program separately, upload the required documents, and pay the registration fee. |
| PhD | Choose a research area, check eligibility and accepted entrance exams, submit the application, and attend the written test, research presentation, and interview as applicable. |
Application Fees:
- VLFM: INR 3,500 for Indian applicants; US$100 for foreign applicants.
- BS: INR 2,000 for General/EWS/NC-OBC candidates; INR 1,000 for SC/ST/PwD candidates.
- PhD: INR 2,000 for General/OBC-NCL candidates; INR 1,000 for SC/ST/PwD candidates.
IIM Mumbai Placements 2026
IIM Mumbai placements 2026 recorded the highest CTC of INR 71.4 LPA and an average CTC of INR 31.4 LPA. The institute reported a three-year average median CTC of INR 33 LPA and 179 Pre-Placement Offers (PPOs) for the 2024-26 batch. Top recruiters included Accenture, Deloitte, EY, KPMG, Amazon, Microsoft, Goldman Sachs, JPMorgan Chase, Hindustan Unilever, and ITC. Check the detailed IIM Mumbai Placement below.
| Placement Particulars | Statistics |
|---|---|
| Total Students | 505 |
| Highest CTC | INR 71.4 LPA |
| Average CTC | INR 31.4 LPA |
| Top 10% Average CTC | INR 47.5 LPA |
| Top 20% Average CTC | INR 41.4 LPA |
| Three-Year Average Median CTC | INR 33 LPA |
| Pre-Placement Offers (PPOs) | 179 |
IIM Mumbai Summer Placements 2027
IIM Mumbai summer placements for the 2027 batch recorded a highest stipend of INR 5 lakh, with average and median stipends of INR 2.50 lakh each. A total of 174 companies participated in the summer internship placement process.
| Summer Placement Particulars | Statistics |
|---|---|
| Batch Size | 529 |
| Recruiting Companies | 174 |
| Highest Stipend | INR 5 lakh |
| Average Stipend | INR 2.50 lakh |
| Median Stipend | INR 2.50 lakh |
IIM Mumbai Summer Placements 2026: Highlights
For the 2026 batch, IIM Mumbai summer placements recorded a highest stipend of INR 6.80 lakh, an average stipend of INR 2.49 lakh, and a median stipend of INR 2.50 lakh. The process involved 505 students and 180 recruiters, including 60 new recruiters.
| Summer Placement Particulars | Statistics |
|---|---|
| Batch Size | 505 |
| Total Recruiters | 180 |
| New Recruiters | 60 |
| Highest Stipend | INR 6.80 lakh |
| Average Stipend | INR 2.49 lakh |
| Median Stipend | INR 2.50 lakh |
Key Insight: IIM Mumbai graduates secured opportunities across consulting, manufacturing, BFSI, FMCG, IT and analytics, and e-commerce. Consulting accounted for 25% of final placements, while sales and marketing accounted for 30% by functional role. These placement figures highlight the diverse career opportunities available to students pursuing management programs at IIM Mumbai.
IIM Mumbai Rankings 2026
IIM Mumbai ranking 2026 reflects its position among India's leading management institutes. The institute ranked 6th in the NIRF Management Rankings 2025, while Collegedunia ranked it 13th among 350 colleges in India for MBA in 2026. Check the detailed IIM Mumbai Rankings below.
| Ranking Agency | Category | 2026 | 2025 | Previous Ranking |
|---|---|---|---|---|
| Collegedunia | MBA | 13 | 11 (2025) | - |
| NIRF | Management | - | 6 | 6 (2024) |
| IIRF | MBA | 10 | 9 | 8 (2024) |
| IIRF | Executive MBA | 11 | - | - |
| The Week | MBA | - | - | 9 (2024) |
| India Today | MBA | - | - | 12 (2020) |
| Outlook | MBA | - | - | #17 (2021) |
IIM Mumbai Scholarships and Financial Aid
IIM Mumbai offers alumni-sponsored scholarships to eligible students, along with financial assistance for Regular PhD scholars. IIM Mumbai scholarship amount and eligibility criteria for student scholarships depend on the respective scheme.
| Financial Assistance / Scholarship | Eligibility / Basis | Benefit |
|---|---|---|
| Rangan Scholarship | Selected first-year students as per scholarship criteria | Scholarship assistance; amount as per applicable scheme |
| Madala Scholarship | Selected first-year students as per scholarship criteria | Scholarship assistance; amount as per applicable scheme |
| Singhal Scholarship | Selected first-year students as per scholarship criteria | Scholarship assistance; amount as per applicable scheme |
| Financial Assistance Scholarship | Selected students based on applicable criteria | Financial assistance; amount as per applicable scheme |
| International Conference Grant | Eligible Regular PhD scholars | Up to INR 2 Lakhs |
IIM Mumbai Campus and Infrastructure
IIM Mumbai campus is located in Powai, Mumbai, on the former NITIE campus. The residential campus offers an academic environment with access to Mumbai’s business and technology hubs, including Powai, Andheri, and the Bandra-Kurla Complex (BKC). Its location supports industry interaction, networking, and exposure to corporate opportunities.
IIM Mumbai Campus Facilities
IIM Mumbai provides academic, residential, and recreational facilities to support students throughout their management programs.
Key campus facilities include:
- Academic Infrastructure: Management classrooms, lecture halls, and computing facilities for academic learning.
- Library: A well-stocked library with access to digital learning resources and reference materials.
- Hostel and Mess: Residential accommodation and dining facilities for students living on campus. Hostel and mess costs are included in the MBA program fee, subject to the applicable fee structure.
- Auditorium: A venue for academic events, seminars, conferences, and student activities.
- Sports and Recreation: Sports facilities and spaces for extracurricular activities and student engagement.
- Campus Connectivity: Wi-Fi and computing infrastructure to support academic and campus activities.
Note: IIM Mumbai campus combines residential facilities with access to Mumbai’s corporate ecosystem, making it suitable for students seeking management education and industry exposure in a major business centre.
IIM Mumbai vs IIM Indore vs IIM Kozhikode
IIM Mumbai, IIM Indore, and IIM Kozhikode are Institutes of National Importance offering postgraduate management programs. Candidates can compare these institutes based on their NIRF Management rankings, program fees, placement outcomes, and academic focus before choosing an MBA program. The table below highlights the key differences.
| Parameter | IIM Mumbai | IIM Indore | IIM Kozhikode |
|---|---|---|---|
| Established | 1963 | 1996 | 1996 |
| NIRF Management Ranking 2025 | 6 | 8 | 3 |
| Total MBA Fees | INR 25.5 Lakhs | INR 25.15 Lakhs | INR 23.50 Lakhs |
| Average Placement Package | INR 31.4 LPA | INR 27.27 LPA | INR 28.18 LPA |
| Highest Placement Package | INR 71.4 LPA | INR 82.54 LPA | INR 81 LPA |
| Key program Focus | Operations and Supply Chain Management | Integrated program in Management (IPM) and general management | Finance, business leadership and general management |
IIM Mumbai FAQs
Ques. Is the academic workload at IIM Mumbai difficult to manage?
Ans. IIM Mumbai follows a demanding management curriculum involving classroom sessions, assignments, presentations, group projects, and extracurricular activities. Students should be prepared to manage their time effectively and balance academic commitments with internships and campus activities.
Ques. Can freshers get good summer internship and placement opportunities at IIM Mumbai?
Ans. Yes, freshers can pursue internship and placement opportunities at IIM Mumbai. However, shortlisting depends on individual company requirements, academic performance, skills, prior experience where relevant, and the student's overall profile.
Ques. Does a gap year affect placement opportunities at IIM Mumbai?
Ans. A gap year does not automatically rule out placement opportunities. However, recruiters may consider academic records, relevant experience, skills, and how clearly candidates explain their career gaps during interviews and recruitment processes.
Ques. What is hostel life like at IIM Mumbai?
Ans. IIM Mumbai offers a residential campus experience with hostel accommodation, mess facilities, and opportunities to interact with peers. Students should check the latest hostel allocation, room-sharing arrangements, and available amenities before joining, as facilities may change over time.
Ques. How can students improve their chances of getting shortlisted by top recruiters at IIM Mumbai?
Ans. Students can improve their profiles by maintaining good academic performance, developing role-specific skills, building relevant internship or work experience, and preparing a focused CV. Recruiter shortlisting criteria vary depending on the job role and company requirements.
Ques. What should candidates prepare for the IIM Mumbai MBA personal interview?
Ans. Candidates should prepare to discuss their academic background, work experience, career goals, motivation for pursuing an MBA, and understanding of current business and economic developments. They should also review their application details and follow the selection instructions issued for their admission cycle.
Ques. Is it necessary to have work experience before joining IIM Mumbai?
Ans. Work experience is not mandatory for every two-year MBA program at IIM Mumbai. Fresh graduates can apply if they meet the program-specific eligibility criteria. However, some recruiters may prefer candidates with relevant professional experience for particular roles.
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Comments
Found 7 Comments
IIM Mumbai MBA admission is based on the CAT exam. IIM Mumbai MBA cut-off is >=85 percentile. The final merit list will be prepared based on the academic records, CAT score, relevant work experience, gender diversity and performance in the PI process.
Your chances of getting a seat in IIM Mumbai program, if any of the student who is offered a seat but refused to accept it. If he accepts the seat, then your chance of getting admission becomes lower.
All candidates must appear for a Research Presentation and Personal Interview. Research Presentation will be based on the research proposal submitted by the candidate. This evaluation will be done by panels comprising faculty of IIM, Mumbai, experts from academia and industry. Personal Interview will be conducted along with the research presentation by the same area panel. The panel may test the subject knowledge, potential, motivation for research, communication skills, and overall research potential. Project/ Work experience in the mentioned research areas would be preferred.
IIM Mumbai has not released the fee structure of PhD in online mode.
IIM Mumbai Admission process varies from course to course. You can check the course admission process on the IIM Mumbai Official website.
The notification for PGDIE 2023-25 will be released on January 2023.
Yes, you need to pay the registration fee while filling out the online application form at NITIE’s official website.