IIM Mumbai (formerly NITIE) is one of India’s most prestigious business schools. For students who want to apply, it is crucial to know the IIM Mumbai fees, cutoff, placements, selection criteria, and other important information. In this article, we will explore all this important information about IIM Mumbai in detail.
For MBA candidates, IIM continues to be a top option because of its reputation, industry connections, and strong return on investment. However, getting admission to any top IIM may be challenging due to high cutoff scores and limited seats. Students who have scored lower marks in the entrance examination should also know that they can take direct admission to many top B-schools in India through the management quota.
IIM Mumbai, formerly known as NITIE (National Institute of Industrial Engineering) was established in 1963 as a collaborative effort between the Government of India and the International Labor Organization. One of the 21 IIMs in India, IIM Mumbai is renowned for its strong focus on innovation, entrepreneurship, and leadership.
Courses Offered at IIM Mumbai
MBA
MBA in Operations and Supply Chain Management
MBA (Sustainability Management)
MBA Executive
IIM Mumbai Fees 2025
Course
MBA
Tuition Fees
₹ 14,00,000
Caution Fees (Refundable)
₹ 50,000
Other Fees
₹ 6,50,000
Total Fees (For 2 Years)
₹ 21,00,000
Note- The Caution Money Deposit will be refunded to the student on graduating from the Institute or it will be adjusted against the outstanding dues in respect of the student.
IIM Mumbai Placements 2024
Particulars
Statistics (2024)
Average Package
₹ 30.39 LPA
Highest Package
₹ 54 LPA
Highest International CTC
1,58,000 AED
Total Recruiters
144
Top recruiting sector
Manufacturing (19.73% offers)
IIM Mumbai Eligibility Criteria
Course
Eligibility Criteria
Entrance Exam
MMS
Graduation with 50% marks (45% for reserved category)
CAT
IIM Mumbai Cut off
CAT (Common Entrance Exam) is the only examination to get into IIM Mumbai. Here’s a detailed table of IIM Mumbai CAT cutoff percentiles, including all sections and the overall percentile for different categories:
Category
VARC (%)
DILR (%)
QA (%)
Overall (%)
General
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
Note – The actual section-wise and overall percentile cut-offs may be much higher than the above-mentioned minimum percentiles as it will depend upon the number of candidates to be called for personal interview (PI) in each category.
IIM Mumbai Selection Criteria
Parameters
Weightage
CAT Score
55%
Personal Interview (PI)
20%
Academic Performance & Work Experience Score
20%
Weightage for Gender Diversity
05%
Total
100%
Top Recruiters
Category
Recruiters
Banking, Finance & Insurance
American Express, Arga Investments, Axis Bank, Edelweiss Tokio Life Insurance, Fidelity Investments, ICICI Bank, Kotak Mahindra Bank, SUD Life, Tata AIA, Yes Bank.
