Indian Institute of Management , Mumbai, Maharashtra: Admission 2025, Courses & Fees

About Indian Institute of Management Mumbai (IIM Mumbai) 🏛️

Indian Institute of Management Mumbai, which is also famously known as IIM Mumbai, has a rich history. It was established in 1963 by the Government of India as 'NITIE' (National Institute of Industrial Engineering). In 2023, it was officially renamed and elevated to an IIM, becoming the 21st IIM in the country. The Indian Institute of Management Mumbai full form is its official new name, and its old full form was NITIE. A very common question is, 'is Indian Institute of Management Mumbai is private or government?'. It is a 100% public autonomous institute and an 'Institution of National Importance', just like all other IIMs. For approvals, 'is Indian Institute of Management Mumbai ugc aicte approved or not?'. Yes, it is fully approved by the Ministry of Education, Government of India. The official Indian Institute of Management Mumbai logo has been updated to reflect its new IIM status. The institute is famous for its specialized MBA in Operations and Supply Chain Management. The Indian Institute of Management Mumbai ranking is already in the top 10 in India (it was ranked 6th by NIRF in 2024 as NITIE). Many Indian Institute of Management Mumbai reviews praise its excellent faculty, strong alumni network, and outstanding placements. This guide covers all Indian Institute of Management Mumbai courses and fees and Indian Institute of Management Mumbai placement details.

Key Information at a Glance 📊

Here’s a quick summary of the most important facts about IIM Mumbai. This table gives you an idea of the Indian Institute of Management Mumbai ranking and placement highlights. The Indian Institute of Management Mumbai NAAC grade is not yet assigned under the new name, but its legacy institute (NITIE) had a strong accreditation.

Placements In-Depth: The Return on Investment (ROI) 📈

The Indian Institute of Management Mumbai placement record is outstanding and on par with the top IIMs (A, B, C). A Indian Institute of Management Mumbai career is fast-tracked by the institute's strong corporate relations, which handle all Indian Institute of Management Mumbai recruitment. The college is a prime target for top-tier consulting, FMCG, and e-commerce companies, especially for roles in operations and supply chain. Many Indian Institute of Management Mumbai reviews from alumni highlight that the institute provides a fantastic platform for a career in consulting and operations. The ROI is excellent, as the Indian Institute of Management Mumbai fees are justified by the very high average packages.

Top Recruiters by Sector

• Consulting: McKinsey & Co, Boston Consulting Group (BCG), Bain & Company, Deloitte, PwC, EY, Kearney.
• FMCG/Retail: Hindustan Unilever (HUL), Procter & Gamble (P&G), Nestlé, Amazon, Flipkart, Zepto.
• BFSI: Goldman Sachs, J.P. Morgan Chase, American Express, HDFC Bank, ICICI Bank.

Indian Institute of Management Mumbai Fees Structure & Scholarships 💰

The Indian Institute of Management Mumbai fees structure is in the premium category, similar to other top IIMs. The Indian Institute of Management Mumbai courses and fees vary by program. Below is a clear table of the Indian Institute of Management Mumbai fees for its flagship courses. (Note: The institute does not offer Indian Institute of Management Mumbai btech fees, Indian Institute of Management Mumbai bba fees, Indian Institute of Management Mumbai bca fees, or Indian Institute of Management Mumbai b pharma fees as it is a specialized postgraduate management institute).

Fee Structure (Approx. Total Course Fee)

Scholarship Opportunities

IIM Mumbai offers various government scholarships (like Central Sector Scholarship) for SC/ST/PwD students. Need-based and merit-based scholarships are also available from the institute.

Internships (SIP) & Live Projects 🏢

The Summer Internship Program (SIP) is a mandatory part of the curriculum. This is a key part of building a strong Indian Institute of Management Mumbai career. The placement cell secures 100% internships for the batch in top companies, often with very high stipends (average stipend is around ₹2.27 Lakhs for 2 months). This real-world experience is invaluable and leads to a very high number of Pre-Placement Offers (PPOs), which you will see mentioned in many Indian Institute of Management Mumbai reviews.

The Real Campus Experience: Life at IIM Mumbai 🧑‍🎓

The Indian Institute of Management Mumbai Mumbai campus is a beautiful, 63-acre green campus in Powai, overlooking Vihar Lake. You can find many Indian Institute of Management Mumbai photos or Indian Institute of Management Mumbai (IIM Mumbai) photos online to see its serene environment. Life on campus is rigorous and fast-paced. A common question is about the Indian Institute of Management Mumbai uniform. No, the institute does not have a uniform, but students are required to wear professional business attire for classes and events. The Indian Institute of Management Mumbai hostel fees are for on-campus housing, which is mandatory for the MBA programs and fosters a strong community.

Location, Faculty, and Job Opportunities

The Indian Institute of Management Mumbai location is in Powai, Mumbai, a prime hub for finance and technology. For connectivity, the 'Indian Institute of Management Mumbai nearest metro station' is the Saki Naka station on Metro Line 1. The Kanjurmarg railway station (Central Line) is also nearby. This Indian Institute of Management Mumbai near metro station access is a huge advantage for students and for attracting visiting faculty. For academic careers, 'jobs at Indian Institute of Management Mumbai, Mumbai' are highly prestigious. You can check the college website for any 'Indian Institute of Management Mumbai Mumbai vacancy' or 'Indian Institute of Management Mumbai recruitment' notices. The Indian Institute of Management Mumbai assistant professor salary is as per the 7th Pay Commission, which is very competitive. A common query is 'is Indian Institute of Management Mumbai is private or government?' - it is public/government. Also, 'is Indian Institute of Management Mumbai ugc aicte approved or not?' - yes, it is fully approved.

Admissions Process & Eligibility 📝

The admission process for Indian Institute of Management Mumbai courses is one of the most competitive in India. The Indian Institute of Management Mumbai ranking of #6 by NIRF makes it a top-tier choice.

1. Check Eligibility: For the Indian Institute of Management Mumbai mba fees and admission (MBA program), a Bachelor's degree with 50% marks is required (45% for SC/ST/PwD).
2. Apply Online: Candidates must apply through the official IIM Mumbai admissions portal.
3. Entrance Exams:
   • Candidates must have a valid score in the Common Admission Test (CAT).
4. Selection Process: Shortlisted candidates are called for a Personal Interview (PI).
5. Final Selection: A final merit list is prepared based on a composite score of CAT score, PI performance, academic profile, and work experience.