Overview
Review Indian Institute of Management Mumbai in Mumbai, Maharashtra. Compare courses such as MBA, Executive MBA, fees, admissions, cutoffs, placements, facilities, and official updates in one place.
College
Review Indian Institute of Management Mumbai in Mumbai, Maharashtra. Compare courses such as MBA, Executive MBA, fees, admissions, cutoffs, placements, facilities, and official updates in one place.
Review Indian Institute of Management Mumbai in Mumbai, Maharashtra. Compare courses such as MBA, Executive MBA, fees, admissions, cutoffs, placements, facilities, and official updates in one place.
This section answers what you can study at IIM Mumbai, what it costs and how the institute ranks. The table summarises the flagship programmes with indicative total fees, duration and the institute's headline NIRF Management 2025 rank of #6, so you can compare entry routes side by side. Fees shown are total programme fees as recorded for IIM Mumbai; for detailed eligibility, intake and entrance cut-offs, see the dedicated Courses and Admissions tabs.
The clear takeaway is that the 2-year MBA at Rs 21 lakh is the flagship route most aspirants target, while the 4-year BS in Digital Science and Business Management is a unique early-entry undergraduate option admitting students directly via JEE Main Paper-1. The PhD, at just Rs 2.85 lakh in total fees, is by far the most affordable doorway into IIM Mumbai for research-minded candidates.
| Programme | Duration | Indicative Total Fee | Key Entrance | NIRF Management 2025 Rank |
|---|---|---|---|---|
| MBA | 2 years | Rs 21,00,000 | CAT / GMAT | #6 |
| Executive MBA (PGDEx-VLFM) | 2 years | Rs 17,32,000 | Work experience based | #6 |
| BS in Digital Science and Business Management | 4 years | Rs 31,20,000 | JEE Main (Paper-1) | #6 |
| PhD | 5 years | Rs 2,85,000 | CAT / GATE / GRE / GMAT / UGC-CSIR JRF | #6 |
IIM Mumbai offers a 2-year MBA (General Management, Operations & Supply Chain, and Sustainability Management), a 2-year Executive MBA (PGDEx-VLFM) for working professionals, a 4-year BS in Digital Science and Business Management admitted via JEE Main, and a 5-year PhD programme. It also runs postgraduate diplomas, unit-based programmes and Management Development Programmes for industry. The MBA, admitted through CAT, remains its flagship offering.
Bachelor's degree with at least 50% marks and a valid CAT score
Bachelor's degree with relevant work experience (PGDEx-VLFM for working professionals)
10+2 from a recognized board with a valid JEE Main Paper-1 score (BS in Digital Science and Business Management)
Master's degree or 2-year PG diploma (after bachelor's with 55%) in any field, or 4-year bachelor's with 6.5 CGPA; valid CAT/GATE/GRE/GMAT/UGC-CSIR JRF score
| Course | Duration | Total Fees | Eligibility |
|---|---|---|---|
| MBA Full Time | 2 Years | ₹2,100,000 | Bachelor's degree with at least 50% marks and a valid CAT score |
| Executive MBA Full Time | 2 Years | ₹1,732,000 | Bachelor's degree with relevant work experience (PGDEx-VLFM for working professionals) |
| B.Sc Full Time | 4 Years | ₹3,120,000 | 10+2 from a recognized board with a valid JEE Main Paper-1 score (BS in Digital Science and Business Management) |
| PhD Full Time | 5 Years | ₹285,000 | Master's degree or 2-year PG diploma (after bachelor's with 55%) in any field, or 4-year bachelor's with 6.5 CGPA; valid CAT/GATE/GRE/GMAT/UGC-CSIR JRF score |
The total MBA fee at IIM Mumbai is approximately Rs 21,00,000 for the 2-year programme. The Executive MBA (PGDEx-VLFM) costs around Rs 17,32,000, the 4-year BS in Digital Science and Business Management is about Rs 31,20,000, and the 5-year PhD is the most affordable at roughly Rs 2,85,000 in total. Fees vary by programme, so confirm current figures on the official IIM Mumbai website before applying.
Enrolled postgraduate students whose total family income was below Rs 2.50 lakh in the last financial year.
Enrolled postgraduate students whose total family income was below Rs 1.00 lakh in the last financial year; may also cover hostel fee and book grants.
Students demonstrating academic excellence and leadership potential, selected on application, academic record and personal interview.
GATE-qualified candidates admitted to eligible programmes at IIM Mumbai, with contingency expenditure as per institute rules.
SC students admitted to notified institutions including all IIMs; covers academic allowance of Rs 86,000 in year one and Rs 41,000 in subsequent years, subject to income norms.
| Scholarship | Type | Amount | Eligibility |
|---|---|---|---|
| IIM Mumbai Need-Based Tuition Fee Waiver (30%) | Need_based | 30% tuition fee waiver | Enrolled postgraduate students whose total family income was below Rs 2.50 lakh in the last financial year. |
| IIM Mumbai Need-Based Tuition Fee Waiver (50%) | Need_based | 50% tuition fee waiver | Enrolled postgraduate students whose total family income was below Rs 1.00 lakh in the last financial year; may also cover hostel fee and book grants. |
| IIM Mumbai Merit / Corporate Scholarship | Merit | Rs 1.75 lakh per year | Students demonstrating academic excellence and leadership potential, selected on application, academic record and personal interview. |
| GATE Teaching Assistantship | Merit | Rs 12,400 per month | GATE-qualified candidates admitted to eligible programmes at IIM Mumbai, with contingency expenditure as per institute rules. |
| Central Sector Scholarship of Top Class Education for SC Students | Government | Full tuition fee plus living/book/computer allowance | SC students admitted to notified institutions including all IIMs; covers academic allowance of Rs 86,000 in year one and Rs 41,000 in subsequent years, subject to income norms. |
IIM Mumbai recorded its highest-ever package of Rs 71.4 LPA in the 2026 placement season with 99.40% of the batch placed, and the headline admission route to its flagship MBA is a valid CAT score followed by the institute's selection process. The table below tracks the placement trend across 2026, 2025 and 2024 so you can see momentum year on year; the average column reflects the full-batch average officially recorded for that year (the 2024 batch average was Rs 29.44 LPA, while IIM Mumbai reported top-percentile averages rather than a single full-batch average for 2025 and 2026).
The trend is unmistakable: the highest package jumped 32% from Rs 54 LPA (2024 and 2025) to Rs 71.4 LPA in 2026, while placement rates stayed at or near 100% throughout. For an applicant, this means IIM Mumbai's brand is converting strongly with recruiters even in a cautious market. Admission to the MBA requires a Bachelor's degree with at least 50% marks and a valid CAT score (GMAT is also accepted), so the programme is firmly entrance-based, not merit-by-marks alone.
| Year | Average Package | Highest Package | Placement Rate |
|---|---|---|---|
| 2026 | Not officially disclosed as full-batch (top-50% averaged Rs 34.5 LPA) | Rs 71,40,000 (Rs 71.4 LPA) | 99.40% |
| 2025 | Not officially disclosed as full-batch | Rs 54,00,000 (Rs 54 LPA) | 100.00% |
| 2024 | Rs 29,44,000 (Rs 29.44 LPA) | Rs 54,00,000 (Rs 54 LPA) | 100.00% |
Admission to IIM Mumbai's flagship MBA is entrance based, requiring a Bachelor's degree with at least 50% marks and a valid CAT score (GMAT is also accepted), followed by the institute's shortlisting and selection process. The 4-year BS programme admits students through JEE Main Paper-1, while the PhD accepts CAT, GATE, GRE, GMAT or UGC-CSIR JRF scores. So entrance exams, not board marks alone, drive admission across programmes.
Top cutoff closing ranks and scores.
| Exam | Year | Cutoff Score |
|---|---|---|
| CAT | 2025 | 85.00 |
| CAT | 2024 | 97.04 |
Highest Package
₹71.40 LPA
Placed
99.40%
Companies Visited
200
Total Offers
502
IIM Mumbai is ranked #6 in the NIRF Management category in 2025 with a score of 77.58, and it also held rank #6 in 2024 with a score of 74.73. Holding the sixth position for two consecutive years places it firmly among the top six management institutes in India. As an IIM and Institute of National Importance, it is recognised by UGC and AICTE.
| Ranking Body | Category | Rank | Score | Year |
|---|---|---|---|---|
| NIRF | Management | #6 | 77.6 | 2025 |
Address
Vihar Lake Road, Post Office IIM Mumbai, Powai, Mumbai, Maharashtra
Phone
+91 22 2857 3371
Website
This page is published for informational purposes only. Always verify final details on the official institution website before making academic or financial decisions.
The table below answers the single most common question aspirants ask first: what exactly is IIM Mumbai and what are its core institutional credentials? It consolidates the founding year, governance type, approvals, campus footprint, programme breadth and ranking status into one snapshot so you can verify the institute's legitimacy and scale at a glance. Read the left column as the parameter and the right column as IIM Mumbai's specific detail for 2026.
The takeaway for applicants is that IIM Mumbai combines a 60-year industrial-management heritage with brand-new IIM status, so it carries both established credibility and the upside of a fast-rising institute. Holding rank #6 across both NIRF 2024 and 2025 shows ranking stability rather than a one-year spike, which matters when you are committing two years and over Rs 21 lakh to a programme.
| Parameter | Detail (IIM Mumbai) |
|---|---|
| Established | 1963 (as NITIE); renamed IIM Mumbai on 12 July 2023 |
| Type | Government, Institute of National Importance (under IIM Act) |
| Affiliation / Approvals | Autonomous IIM; recognised by UGC and AICTE |
| Location | Powai, near Vihar Lake, Mumbai, Maharashtra |
| Campus Size | Approximately 67 acres |
| Total Courses (flagship) | MBA, Executive MBA, 4-year BS, PhD (plus PG diplomas and MDPs) |
| NIRF Status | Rank #6 in Management (NIRF 2025, score 77.58); Rank #6 (NIRF 2024, score 74.73) |
| Student / Professional Strength | Trains 2,000+ professionals annually via MDPs and unit-based programmes |
| Label | Value |
|---|---|
| Type | Government Iim |
| Established | 1963 |
| Campus Size | 67 Acres |
| Total Students | 1,200 |
| Total Faculty | 60 |
| Student-Faculty Ratio | 20:1 |
| Hostel | Available |
Information last reviewed on 25 Jun 2026.
Fees, cutoffs, admission steps, placements, and programme details can change. Always cross-check the latest institutional or authority notice before acting.
Indian Institute of Management Mumbai (IIM Mumbai) is a government business school and Institute of National Importance located in Powai, near Vihar Lake, Mumbai, Maharashtra. It was established in 1963 as the National Institute of Industrial Engineering (NITIE) with assistance from the United Nations Development Programme (UNDP) and the International Labour Organization (ILO), and was formally renamed and elevated to the 21st IIM under the IIM Act on 12 July 2023. Spread across a 67-acre green campus, IIM Mumbai is recognised by UGC and AICTE and is best known for its flagship MBA and its deep specialisation in Operations, Supply Chain and Sustainability Management - a legacy carried over from its NITIE industrial-engineering roots. In NIRF Management 2025 it ranks 6th in India, confirming its place among the country's elite B-schools.
IIM Mumbai stands out for reasons specific to this institute, not generic B-school selling points:
Yes, IIM Mumbai is among India's top management institutes, ranked #6 in NIRF Management in both 2025 (score 77.58) and 2024 (score 74.73). As an Institute of National Importance under the IIM Act, it combines a 60-year NITIE heritage with new IIM status. Its 2026 placements delivered a record-high package of Rs 71.4 LPA and a 99.40% placement rate, with recruiters including McKinsey, Accenture, Amazon and Goldman Sachs, making it a strong choice for MBA aspirants.
IIM Mumbai is best known for its specialised MBA tracks in Operations & Supply Chain Management and Sustainability Management, alongside its General Management MBA. These specialisations stem from its origins as NITIE (founded 1963), India's premier industrial engineering institute. It is also recognised for training over 2,000 working professionals each year through Management Development Programmes and for its 67-acre campus in Powai, Mumbai.
IIM Mumbai offers a 2-year MBA (General Management, Operations & Supply Chain, and Sustainability Management), a 2-year Executive MBA (PGDEx-VLFM) for working professionals, a 4-year BS in Digital Science and Business Management admitted via JEE Main, and a 5-year PhD programme. It also runs postgraduate diplomas, unit-based programmes and Management Development Programmes for industry. The MBA, admitted through CAT, remains its flagship offering.
The total MBA fee at IIM Mumbai is approximately Rs 21,00,000 for the 2-year programme. The Executive MBA (PGDEx-VLFM) costs around Rs 17,32,000, the 4-year BS in Digital Science and Business Management is about Rs 31,20,000, and the 5-year PhD is the most affordable at roughly Rs 2,85,000 in total. Fees vary by programme, so confirm current figures on the official IIM Mumbai website before applying.
IIM Mumbai is ranked #6 in the NIRF Management category in 2025 with a score of 77.58, and it also held rank #6 in 2024 with a score of 74.73. Holding the sixth position for two consecutive years places it firmly among the top six management institutes in India. As an IIM and Institute of National Importance, it is recognised by UGC and AICTE.
The 2024 batch at IIM Mumbai recorded a full-batch average package of Rs 29.44 LPA, while the highest package reached Rs 54 LPA. In the 2026 season, the highest package rose to a record Rs 71.4 LPA with 99.40% placement, and the top 50% of the batch averaged around Rs 34.5 LPA. Placement rates touched 100% in both 2024 and 2025, reflecting consistently strong recruiter demand.