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IIM Mumbai Placements 2024 - Highest Package, Average Salary, Recruiter List

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Updated on - Oct 16, 2024 10:52 AM IST

IIM Mumbai Placements 2024

IIM Mumbai placement report for 2024 has been released. As per the report, a total of 180 recruiters from diverse sectors such as manufacturing, consulting, BFSI, FMCG etc. have taken part in the placement drive. IIM Mumbai highest package for 2024 is Rs 54 LPA. As many as 170 students have been given pre-placements offers with an average package of Rs 29.44 LPA. Furthermore, during IIM Mumbai placements 2024, maximum students (19%) are placed in the manufacturing sector. Some of the prominent recruiters of IIM Mumbai are American Express, Asian Paints, Deloitte, Reliance, Genpact etc. 

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IIM Mumbai Highest Package 2024

During 2024 placements, IIM Mumbai highest package is Rs 54 LPA. A total of 67 new recruiters have participated in 2024 placements. 

YearHighest Package Offered
2024Rs 54 LPA

In the year 2023, IIM Mumbai highest package was Rs 78.20 LPA. A total of 161 recruiters hired students in 2023.

YearHighest Package Offered
2023Rs 78.20 LPA
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IIM Mumbai Average Package 2024

As per 2024 placement report, IIM Mumbai average package for 2024 is Rs 47.29 LPA for top 10% of the batch. 

ParticularsAverage Package Offered
Average package (top 50% of batch)Rs 33.84 LPA
Average package (top 20% of batch)Rs 40.71 LPA
Average package (top 10% of batch)Rs 47.29 LPA
Average package (Retail & E-Commerce)Rs 34.84 LPA
Average package (Consulting)Rs 31.30 LPA
Average Package (FMCG)Rs 30.83 LPA
Average Package (Other sectors)Rs 27.11 LPA

As per IIM Mumbai placement report for 2023, the average package stood at Rs 25.27 LPA. Companies such as Accenture, Zepto, Cipla etc. hired students in 2023. 

ParticularsAverage Package Offered
Average package (Overall)Rs 25.27 LPA
Average package (top 30% of batch)Rs 39.70 LPA
Average package (top 20% of batch)Rs 42.08 LPA
Average package (top 10% of batch)Rs 46.59 LPA
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IIM Mumbai Placement Statistics

According to the 2024 placement report, IIM Mumbai placement percentage is highest i.e. 19% for manufacturing sector followed by 18% for consulting. A total of 38.11% students are given PPOs during 2024 placements. The average package for PPOs in 2024 is Rs 29.44 LPA whereas median package is Rs 28 LPA. 

Particulars20242023
Number of recruiters180161
Number of new recruiters6746
Pre-placement offers made170-
Highest package offeredRs 54 LPARs 78.20 LPA
Average package (top 20% of batch)Rs 40.71 LPARs 42.08 LPA
Average package (top 10% of batch)Rs 47.29 LPARs 46.59 LPA
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IIM Mumbai Top Companies

IIM Mumbai has industrial partnership with Reliance, ITC, TCS, Hindustan Petroleum etc. for training of students. The institute also has international academic collaborations with Asian Institute of Technology, Ohio University, University of Pittsburgh etc. Every year top-notch companies hire students from the college. Some of IIM Mumbai top companies are mentioned below. 

AccentureDeloitteKPMG
ITCTCSReliance Industries
GenpactAmerican ExpressZS Associates
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Top Courses at Indian Institute of Management Mumbai (NITIE)

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IIM Mumbai Reviews

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Placement Cell Of Our College
By Nisarg Kamble | Post Graduate Diploma in Industrial Engineering | 2024
February 18, 2024 06:25:39

Placement: To Be Honest The Most Exciting Part Is Our Placement We Get Placement At Big Companies & At Good Value There Are Numerous Companies That Comes To Select Us & Give Good Opportunities

Placement

5
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Related Questions

P

Priya Haldar, Content Team

-Answered on Sept-18-2023

Dear Tushar Agrawal,

IIM Mumbai is one of the prestigious institution offering MBA. IIM Mumbai MBA fee is Rs 11,00,000- Rs 14,000,00 per annum. The fees may vary depending upon the programme type. The institute has a strong track record of placing its students in top companies across a variety of industries.IIM Mumbai highest package 2023 was at Rs 78.20 LPA, whereas the average package stood at Rs 25.27 LPA. More than 150 companies participated, and 129 offers were made at IIM Mumbai placements 2023. IIM Mumbai top recruiters are Accenture, Apple, Zepto, and Wipro.

B

Baljinder Dhaliwal, Student / Alumni

-Answered on Mar-29-2023
Dear aspirant Lovely Professional University (LPU) is a premier academic institution with world-class infrastructure and an outstanding placement record. LPU's Mittal School of Business is among the first 10 institutions in India to get ACBSP (USA) accreditation. LPU has got 47th National Institutional Ranking Framework (NIRF) Rankings 2022 among all govt and private universities in India. For admission to MBA at LPU, one should have at least a 55% score in graduation subject to qualifying LPUNEST or CAT or MAT or XAT or NMAT or CMAT. After qualifying for LPUNEST the applicant has to appear for an interview and qualify it. The candidate can get an exemption from LPUNEST if he/she has scored 80 Percentile or above in CAT or MAT or XAT or All India Rank up to 20000 in CMAT or 230 and above score in NMAT. LPU also provides scholarships on the basis of LPUNEST/ CAT/ MAT/ XAT/ NMAT/ CMAT score. LPU puts its best efforts into grooming the students to get good placements. The curriculum incorporates specific courses under the notion of Professional Enhancement Programmes (PEP) in which the students are prepared to crack the placement processes. PEP classes start right away from the first semester itself in form of Communication Skills and continue till the final semester. Exhaustive preparatory sessions are conducted before the placement drives of leading brands and major recruiters so that more students can secure good placement offers at dream packages. In 2022 96% of the MBA students of LPU have been placed with a maximum package of 18 lakh per annum and an average salary of 6.2 LPA. LPU alumni are placed with all these leading firms like Federal Bank, Trident Group, Colgate Palmolive, Phonepe, Marico Ltd., Ernst and Young, Accenture, Flipkart, Wipro, Hindustan Unilever, Godrej Consumer, McKinley & Rice, ITC Limited, Bajaj Allianz, MRF, Naukri, Rallis India, Ceat, Luminous Power Technologies, Voltas Beko, Unominda Group, Zoho, Kelloggs, Apollo Munich Health Insurance, Cavin Care, Moodys Analytics, WNS Global, Ocwen Financial, Redington, Transport Corporation of India, Crescendo Group, Outlook Group, Planet Spark, Hono HR, Lazzaro HR Solutions, Trell, etc. good luck

IIM Mumbai QnA

Which companies were major recruiters at NITIE, Mumbai?

Amongst the companies that recruited from NITIE, Mumbai, some of the prominent recruiters were Asian Paints, Britannia, Colgate Palmolive India Ltd., Dabur India Ltd., Deloitte ISBM, etc.
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