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Indian Institute of Management, Mumbai2024 Placement Report

Numbers

Highest CTC
₹54 LPA

Editorial review

By

IIM Mumbai's batch of 2022-24 report covered 446 students, 180 companies and a 54.00 LPA highest salary, with 170 PPOs (38.11% of the batch). It publishes tiered averages, topping out at 47.29 LPA for the top 10%, but no batch-wide average or median.

The Final Placement Report for IIM Mumbai's batch of 2022-24 covers 446 students (373 men and 73 women). It reports 180 participating companies, 67 of them first-time recruiters, and a highest salary of 54.00 LPA. Instead of a batch-wide average, the report gives tiered averages: 47.29 LPA for the top 10%, 40.71 LPA for the top 20% and 33.84 LPA for the top 50%.

PPOs were a large part of this cycle. The batch secured 170 pre-placement offers, a PPO percentage of 38.11%, at an average of 29.44L and a median of 28.00L.

The sector mix was spread fairly evenly. Manufacturing led at 19% of offers, followed by Consulting at 18%, FMCG at 16% and IT / Product Management at 13%, with BFSI and Retail / E-commerce at 10% each. Retail & E-Commerce paid the highest sector average at 34.84 LPA, ahead of Consulting at 31.30 LPA and FMCG at 30.83 LPA.

The report gives no overall average or median CTC, no count of students placed, no placement percentage and no total offer count, and it does not say whether it was externally audited. That makes the top-50% average of 33.84 LPA the closest thing to a midpoint the report offers, and it describes only the better-paid half of the batch.

Key takeaways

  1. 38% of the batch had a PPO

    170 PPOs, or 38.11% of the batch, came through before final placements, at an average of 29.44L. A large share of outcomes was settled by summer internship performance.

  2. Manufacturing and FMCG were as big as Consulting

    Manufacturing (19%) and FMCG (16%) together took 35% of offers, well ahead of Consulting at 18% and BFSI at 10%, a mix that reflects IIM Mumbai's operations and industrial-engineering roots.

  3. Retail and e-commerce paid best on average

    Retail & E-Commerce posted the highest sector average at 34.84 LPA, ahead of Consulting at 31.30 LPA. Sector averages for BFSI, Manufacturing and IT were not published.

  4. No batch average or median

    Only tiered averages are published. The top-50% average of 33.84 LPA is not the batch average, which would be lower.

Sector split

Hover a slice to view the percentage / count split

Top recruiters

Mckinsey & Co.KearneyAccenture Strategy & ConsultingDeloitte IndiaPwC IndiaEYAmerican ExpressHDFC BankKotak Mahindra BankMicrosoftCiscoAmazonFlipkartHindustan Unilever LimitedProcter & GambleITCDiageoReliance Industries LimitedAsian PaintsTAS

Frequently asked questions

Which program does this 2024 report cover?

This page covers MBA, Batch 2022-24 at Indian Institute of Management, Mumbai.

Which companies recruited at IIM Mumbai in 2024?

Recruiters named in the official 2024 report include Mckinsey & Co., Kearney, Accenture Strategy & Consulting, Deloitte India, PwC India, EY, American Express and HDFC Bank. In all, 180 recruiters took part.

Where can I find the official IIM Mumbai 2024 placement report PDF?

The college's own document is linked at the top of this page ("Final Placement Report, Batch of 2022-24 (PDF)"). Every figure here is transcribed from it.

Notes

The Final Placement Report for IIM Mumbai’s batch of 2022-24 covers 446 students (373 men and 73 women). It reports 180 participating companies, 67 of them first-time recruiters, and a highest salary of 54.00 LPA. Instead of a batch-wide average, the report gives tiered averages: 47.29 LPA for the top 10%, 40.71 LPA for the top 20% and 33.84 LPA for the top 50%.

PPOs were a large part of this cycle. The batch secured 170 pre-placement offers, a PPO percentage of 38.11%, at an average of 29.44L and a median of 28.00L.

The sector mix was spread fairly evenly. Manufacturing led at 19% of offers, followed by Consulting at 18%, FMCG at 16% and IT / Product Management at 13%, with BFSI and Retail / E-commerce at 10% each. Retail & E-Commerce paid the highest sector average at 34.84 LPA, ahead of Consulting at 31.30 LPA and FMCG at 30.83 LPA.

The report gives no overall average or median CTC, no count of students placed, no placement percentage and no total offer count, and it does not say whether it was externally audited. That makes the top-50% average of 33.84 LPA the closest thing to a midpoint the report offers, and it describes only the better-paid half of the batch.