
Indian Institute of Management,
MumbaiIndian Institute of Management, Mumbai
Indian Institute of Management Mumbai (IIM Mumbai) was founded in 1963 as the National Institute of Industrial Engineering (NITIE), set up by the Government of India with support from UNDP and the ILO, and was renamed IIM Mumbai in 2023 when it was brought under the IIM Act. Its campus sits beside Vihar Lake in Powai, Mumbai. The flagship two-year MBA (formerly the PGDIE and PGDMM) now runs in General Management, Operations & Supply Chain Management, and Sustainability Management tracks, and the institute’s long-standing strength in operations and supply chain shows up in its placement mix alongside consulting, manufacturing, BFSI and FMCG hiring.
Editor's take
IIM Mumbai publishes an average but no median CTC; its latest (2026) average is ₹31.40 LPA. Without a median, there's no figure for what a typical student earned.
Consulting was the largest recruiting sector in 2026, taking 25% of offers, up from 23% in 2025. No single sector took most of the offers.
Placement trend
Average CTC
Highest CTC
Year-wise placement numbers
Placement reports
Frequently asked questions
What is the latest IIM Mumbai placement package?
IIM Mumbai's 2026 placement report (MBA (General Management, OSCM and Sustainability Management)) shows a average CTC of ₹31.40 LPA, highest CTC of ₹71.40 LPA.
What is the highest package ever offered at IIM Mumbai?
Across the reports on PlacementReport, the highest single CTC was ₹71.40 LPA in 2026. A highest CTC is one offer, so read it alongside the median.
Which IIM Mumbai placement reports are available?
3 reports covering 2024 to 2026, each transcribed from IIM Mumbai's official release with a link to the source document.