IIM Mumbai: Courses, Admission 2024, Placements, Ranking and Cut Off

Mumbai, Maharashtra | Government & Public College

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IIM Mumbai’s 2024 Highlights and Key Features

Founded in 1963, the Indian Institute of Management, Mumbai (formerly NITIE Mumbai) is a leading management institute in Mumbai, Maharashtra. It earned a notable ranking of 7th in the ‘Management’ category by NIRF in 2023 and was listed in the 401-600 range in the ‘Impact’ category by Times Higher Education. IIM Mumbai offers a diverse range of eight degree and certificate programs in Business and Management.

The institute’s flagship program is the Post Graduate Diploma in Management (PGDM). In addition, IIM Mumbai provides week-long Management Development Programs (MDPs) and unit-based programs (UBPs) focusing on various aspects of Industrial Engineering & Management. The institute also awards scholarships to outstanding students. During the 2023-24 placement season, IIM Mumbai reported the highest and average salary packages at INR 51 LPA and INR 31 LPA, respectively. Here are some key highlights of NITIE:

Particulars

Statistics

Establishment year

1963

Ownership type

Government

Location

Mumbai

Campus area

67 acres

Ranking (2023)

Ranked 7th under the Management category by the NIRF

Courses offered

8

Entrance exams accepted

CAT/ GATE/ GMAT/ GRE

Top Programs at IIM Mumbai for 2024

IIM Mumbai provides seven programs across various Business and Management disciplines. Its flagship offerings include the two-year Post Graduate Diploma in Industrial Engineering (PGDIE) and the Post Graduate Diploma in Industrial Management (PGDIM). Admission to most of these programs is based on entrance exams. Additionally, IIM Mumbai offers certificate and global certificate courses at the postgraduate level in Business and Management.

Important Admission Dates for IIM Mumbai 2024

Admissions to all programs at IIM Mumbai are conducted online. The admission process is entrance-based, requiring candidates to take exams such as CAT and GATE, among others, to gain entry into the institute.

MBA/PGDM Admissions 2024

3 Courses. 2 years

Eligibility

  • Undergraduate Degree with 50% aggregate
  • Accepting Exams: CAT

Dates

Events

Aug ’24-Sep ’24

CAT 2024 registration (Tentative)

Oct ’24-Nov ’24

CAT 2024 admit card download (Tentative)

24 Nov ’24

CAT 2024 exam

IIM Mumbai 2024 Application Guidelines

The application process for all programs at NITIE Mumbai is conducted online. The application fee is INR 1,000 for applicants from India and SAARC countries and INR 500 for SC/ST/PwD candidates. International applicants are required to pay a fee of USD 50 plus any applicable bank charges. Eligible candidates can apply through the institute’s official admission portal. The application process is as follows:

  1. Visit the official NITIE website at [www.nitie.ac.in] (http://www.nitie.ac.in). On the homepage, click on ‘Programs’.

  2. Select the desired program and click ‘Application Process’.
  3. Carefully read the instructions and click ‘Admission Portal’.

  4. Complete the application form. Candidates applying for the Fellow program must also submit a 1,500-word research proposal.

  5. Pay the application fee online via the payment gateway using a debit card, credit card, or net banking.
Scholarships at IIM Mumbai for 2024

IIM Mumbai provides financial assistance to outstanding students through several scholarship schemes:

Teaching Assistantship: GATE-qualified candidates are eligible for a Teaching Assistantship valued at Rs. 12,400 monthly, along with contingency expenses as per applicable rules.

Central Sector Scholarship: SC/ST candidates may receive it per the Government of India’s scheme, provided they meet the required terms and conditions.

30% Tuition Fee Waiver: Students entering the postgraduate program whose total family income was Rs. 2.50 lakh or less in the previous financial year are eligible for a 30% waiver on tuition fees.

50% Tuition Fee Waiver: Students entering the postgraduate program whose total family income was Rs. 1 lakh or less in the previous financial year are eligible for a 50% waiver on tuition fees.

IIM Mumbai Infrastructure

Spanning 67 acres, NITIE Mumbai boasts a modern campus designed to enhance the student experience. The institute features a well-equipped library with diverse technical and reference books, light reading materials, bound journals (in Hindi, English, and Marathi), and other supplementary resources. Additionally, the campus includes advanced classrooms, a 200-seat auditorium, separate hostels for boys and girls, and various sports facilities, including badminton, table tennis, basketball, volleyball, carom, and cricket.

IIM Mumbai: How to Reach

By Air: The nearest airport is Chhatrapati Shivaji Maharaj International Airport. You can take a taxi or use app-based cab services from the airport to NITIE, situated in Powai.

By Train: The closest railway station is Kanjurmarg Railway Station, approximately 3 kilometres from NITIE. Alternatively, Vikhroli Railway Station is about 5 kilometres away. You can reach NITIE from either the station by taxi or by auto-rickshaw.

By Road: NITIE is well-connected by road. You can take a taxi, auto-rickshaw, or use app-based cab services to reach the institute. Powai, where NITIE is located, is accessible from various parts of Mumbai.

It is advisable to check current transportation options and routes, as they may change.

IIM Mumbai’s Global Partnerships and MOUs

IIM Mumbai has established MOUs with various organizations and institutions to enhance exposure, placements, training, workshops, and other opportunities. Below are some of the key MOUs signed by IIM Mumbai:

IM Mumbai

  Ohio University

  University of California Irvine, USA

  University of Pittsburgh, USA

  Woosong University, South Korea

  Turiba University, Latvia

  University of Fortaleza, Brazil

IIM Mumbai 2023 CAT Cutoff: Required Percentile

IIM Mumbai, formerly NITIE, admits students based on CAT scores. Like other IIMs, IIM Mumbai will have two CAT cutoffs: the Qualifying CAT cutoff and the Final CAT cutoff. Meeting the minimum qualifying cutoff makes a candidate eligible for subsequent stages of the admission process. It is important to note that the Final CAT cutoff for IIM Mumbai will be higher than the Qualifying cutoff. For admissions in 2024, the Qualifying CAT cutoff for IIM Mumbai is set at 80 percentile or above, with sectional cutoffs ranging between 75 and 80 percentiles for General category candidates. The Qualifying CAT cutoffs for other categories have also been published. The table below shows the category-wise and section-wise CAT Qualifying cutoffs for IIM Mumbai, as sourced from the institute’s official website:

 

Category

VARC

DILR

QA

Overall
Percentile Rank

OPEN

≥80

≥80

≥75

≥85

NC-OBC

≥70

≥65

≥65

≥75

EWS

≥70

≥65

≥65

≥75

SC

≥65

≥60

≥60

≥70

ST

≥55

≥55

≥55

≥65

PwD

≥45

≥45

≥45

≥55

IIM Mumbai 2024 Placement Overview

According to media reports, the highest and average salary packages during IIM Mumbai’s 2023-24 placements were INR 51 LPA and INR 31 LPA, respectively. The key highlights of the 2023 placements at IIM Mumbai, compared to those in 2022, are outlined below:

Particulars

Placement Statistics (2021-22)

Placement Statistics (2022-23)

Highest domestic package

INR 49 LPA

INR 78.20 LPA

Top 10% average package

INR 45.37 LPA

INR 46.59 LPA

Top 20% average package

INR 38.59 LPA

INR 42.08 LPA

Top 30% average package

INR 31.33 LPA (Top 50%)

INR 39.70 LPA

Companies visited

111

161

Course

Median Salary

MBA/PGDM

₹28 LPA

PG Diploma

₹21.7 LPA

2024 Ranking Highlights for IIM Mumbai

In recent years, IIM Mumbai has received rankings from several prestigious organizations. While the 2024 rankings have not been published yet, candidates can review the 2023 rankings below. Here are some of the latest rankings for NITIE Mumbai (IIM Mumbai):

Ranking Body

Ranking

NIRF 2023 (Management category)

7

Times Higher Education 2023 (Impact category)

401-600

Comparing IIM Mumbai with Other Top Institutes: Which Is the Best?

The table below provides a comparison between IIT Delhi and other IITs:

  College Name

  NIRF Rank 2023

  Highest Package (2023)

  Course Fee (PGDM/ MBA)

  IIM Mumbai

  7

  INR 51 LPA

  INR 14 lakh

  IIM Indore

  8

  INR 114 LPA

  INR 17.3 lakh – INR 35 lakh

  IIM Ahmedabad

  1

  INR 1.08 crore per annum

  INR 12 lakh – INR 25 lakh

  IIM Lucknow

  6

  INR 66 LPA

  INR 7.6 lakh – INR 12.6 lakh

IIM Mumbai 2024 Courses and Fee Structure

Candidates must complete the IIM Mumbai admission process before the application deadline. Candidates need to know the eligibility criteria for IIM Mumbai and apply accordingly. The institute offers the PGDM program at the postgraduate level, among other courses. Below are some of the courses available at IIM Mumbai, along with their eligibility requirements and associated fees:

Courses

Tuition Fees

Eligibility

MBA/PGDM (3 courses)

14 L

Graduation: 50 %

Exams: CAT

PG Diploma (1 course)

12.5 L

– / –

Certificate (1 course)

– / –

Exams: CBSE 12th, ICSE, Maharashtra HSC

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