IIM Mumbai Placement 2025: Highest Package, Average Package, Top Recruiters

Mumbai, MaharashtraEstd 1963
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Vaibhav Kumar Singh

Content Strategist | Updated 3+ months ago

IIM Mumbai has not released its final placement report for 2025. It has released its placement stats for its 2024 MBA Batch. As per the placement statistics, a total of 180 companies recruited from the campus from various sectors. The highest package during the placement drive is INR 54 LPA for its MBA Batch passed in 2024. A total of 170 PPOs were being offered to candidates from their respective Summer Internship Organizations and through various B-school competitions. The average salary for offers grabbed by PPOs is INR 29.44 LPA.

Majority of the batch has been placed in the organizations from Manufacturing (19%), FMCG (16%) and Consulting (18%) sectors during the final placements. The average salary of students placed in FMCG Sectors is INR 30.83 LPA, and INR 31.30 LPA for candidates placed in Consulting sectors. The top recruiters during the placement at IIM Mumbai are Everest Industries, Exide, Hero MotoCorp, Britannia, Dabur, Diageo, Emami Group, Accenture Strategy & Consulting, Accenture Technology Consulting, Acuvon Consulting, etc.

IIM Mumbai Placement Highlights

As per the latest placement data available on the official website of IIM Mumbai, below is the placement highlights of MBA Batch passed in 2024-

See what Prasad Gavande, student of MBA(2024) has to say about Placement at the institute

In his words: “Average package in consulting is 31 lac, For other firms 28 lac placement is there! Placements are done through campus only. Companies like Amazon, flipcart, deolite come for campus recruiting process, and100% students are getting placed here”. Read More

IIM Mumbai Sector-Wise Placements 2026

The placement season saw participation from companies across various sectors, including BFSI, Consulting, FMCG, IT, Logistics, Manufacturing, Pharma & Retail/ E-commerce. Majority of the students have got job offers from Manufacturing & Consulting with an average package of INR 31.02 LPA. IIM Mumbai has seen a significant decline in the number of students placed in Consulting sectors over the past few years. The following table shows sector wise students placed over the past few years-

Sectors % of students Placed in 2022 % of students Placed in 2024
BFSI 8 10
Consulting 35 18
FMCG 10 16
IT/PM 8 13
Manufacturing 16 19
Pharma 3 3
Retail/E-commerce 13 10
Others 7 11

IIM Mumbai Summer Internship Report 2026

IIM Mumbai offers Summer Internship in leading organizations of various sectors across the industry. During the SIP for batch 2024-26, the highest stipend received is INR 6.8 Lakhs, and the median stipend is INR 2.50 Lakhs. A total of 180 recruiters have offered SIP offers to students at IIM Mumbai of which 60 were new recruiters.

The total number of recruiters participating for the Summer Internship Placement at the institute has seen an increasing trend over the past few years. The more detailed SIP Placement statistics are tabulated below over the past few years-

Particulars Batch (2024-26) Batch (2023-25) Batch (2022-24)
Highest Stipend INR 6.8 Lakhs INR 4.8 Lakhs INR 3.5 Lakhs
Average Stipend INR 2.49 Lakhs INR 2.27 Lakhs INR 1.85 Lakhs
Median Stipend INR 2.50 Lakhs INR 2.00 Lakhs INR 2.0 Lakhs
Top 10 %tile Stipend INR 4.50 Lakhs INR 4.43 Lakhs INR 3.08 Lakhs
Top 20 %tile Stipend INR 4.25 Lakhs INR 4.10 Lakhs NA
Top 50 %tile Stipend INR 3.62 Lakhs NA INR 2.56 Lakhs
Total Recruiters 180 165 128
New Recruiters 60 38 21

IIM Mumbai Sector Wise SIP Placements 2026

The students of IIM Mumbai have got offers from companies of different sectors for their Summer Internship Programs. During SIP Placements 2026, majority of the batch (22%) were placed in organizations of FMCG sectors. The prominent recruiters were Colgate-Palmolive, Dabur, Diageo, Emami Agrotech, Glanbia Performance Nutrition. FMCG has been leading sectors over the past few years for SIP Placements at IIM Mumbai.
The more detailed sector wise SIP Placement stats over the past few years-

Sectors % of Students Placed
(2024-26)
% of Students Placed
(2023-25)
% of Students Placed
(2022-24)
BFSI 12 9 11
IT/TECH 9 7 7
CONSULTING 15 9 12
MANUFACTURING/PROCESS 16 25 19
E-COM & RETAIL 8 10 10
PHARMA 10 7 10
FMCG 22 23 26
OTHERS 8 10 6

IIM Mumbai Top Recruiters 2026

180 organizations have participated in the placement drives for batch MBA passed out in 2024. 60 organizations were the first time recruiters during the placement drive at the institute. A few of the prominent recruiters are listed below-

IIM Mumbai Placements FAQs

Ques. What is the average Package offered at IIM Mumbai?

Ans. According to the placement report released by IIM Mumbai for its MBA course, the average package stood at INR 33.84 LPA for 50% of its batch. The average package for 10% of its batch is INR 47.29 LPA.

Ques. How many recruiters hired during the IIM Mumbai placements?

Ans. As per the latest placement statistics published by IIM Mumbai, 180 companies participated, with 60 new recruiters during the IIM Mumbai placements. Leading sectors in which students got placed during placement drives are from Manufacturing & Consulting offering placements to 37% of MBA batch 2022-24.

Ques. Where do graduates of IIM Mumbai work?

Ans. Recent graduates and Alums of IIM Mumbai work in a variety of fields, including Engineering, Business Development, Information Technology, Consulting, Finance, Banking, and Sales.

Ques. What are the placement statistics at IIM Mumbai?

Ans. As per latest data available for IIM Mumbai for its MBA batch 2022-24, the highest package stood at INR 54 LPA, and the median package stood at INR 33.84 LPA. A total of 170 PPOs from their summer internship organizations and through various B-school competitions. The highest package during placement drives 2022 was INR 49 LPA, and the median package was INR 22 LPA.

Ques. What are the Internship stats of IIM Mumbai ?

Ans. IIM Mumbai has been able to acquire some of the best internships for its students with an average stipend of INR 2.27 Lakhs and the Highest stipend stood at INR 4.80 Lakhs for batch 2023-25. The highest stipend offered during SIP placements for batch 2024-26 is INR 6.80 Lakhs and the median stipend is INR 2.50 Lakhs for the entire duration of their summer Internship.

IIM Mumbai Highest and Average Package

Highest PackageAverage Package
54 L
31.02 L
010.8 Lakhs21.6 Lakhs32.4 Lakhs43.2 Lakhs54.0 Lakhs

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IIM Mumbai Placements: Students' Opinion

AI-Generated Summary based on 72 Reviews

National Institute of Industrial Engineering (NITIE) boasts a remarkable 100% placement record every year. Approximately 200+ companies participate in the placement process offering diverse roles in operations, supply chain, IT, consulting, and more. The average package offered ranges between 20-27 Lakhs per annum, with the highest package reaching up to 78.2 Lakhs. Prominent recruiters include Amazon, Flipkart, HUL, ITC, Deloitte, EY, and McKinsey among others. The placement process is divided into LRP for candidates with over 20 months of experience and CRP for freshers or those with less experience.

The summer internship placement process is equally robust, with an average stipend of 1.5-1.8 Lakhs and the highest stipend reaching 3.5 Lakhs for a two-month period. Key recruiters for internships include P&G, McKinsey, Asian Paints, and Nestle. NITIE ensures every student secures a placement by leveraging its extensive industry connections and strong alumni network.

...Read More
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GUDHKA SANYAM MANISH
4.5Helpful
Reviewed on Sep 27, 2024(Enrolled 2023)

Placement Experience:

Internship placements from September Final Placements from November Highest Package of SIP = 2.5 lac/month Average package = 1.25 lac/month Highest pakcage of Final = 78 lac/month Average package of final = 27 lac/month
...Read More
Prasad Gavande
Prasad Gavande
4.5Helpful
Reviewed on Jun 20, 2024(Enrolled 2024)

Placement Experience:

Average package in consulting is 31 lac, For other firms 28 lac placement is there! Placements are done through campus only. Companies like Amazon, flipcart, deolite come for campus recruiting process, and100% students are getting placed here.
...Read More
Shubham Tanwar
Shubham Tanwar
4.5Helpful
Reviewed on Apr 3, 2024(Enrolled 2023)

Placement Experience:

The college provides placement assistance and gives 100% placement assistance. There is a dedicated committee for placements responsible for calling all the companies and discussing the compensation with them. The highest package offered is 70 lakhs per annum, and the average package is 27 lakhs per annum. A variety of companies visit campus, including companies from Consulting, Finance, HR, Marketing and Supply Chain profiles. I am planning to get a placement from college and pursue my corporate life in my area of interest.
...Read More
Preetam Chatterjee
4.3Helpful
PG Diploma, Industrial Engineering
Reviewed on Jul 28, 2023(Enrolled 2023)

Placement Experience:

in the first semester, there is SIP, then the final placements, which start around November. there are all big players coming to NITIE but FMCG companies are abundant. The Big 4 and Mckiensy also visits for consulting. there are about 500 offers made. Highest Package: 78.2 LPA Average Package: 26.8 LPA Profiles tend to be supply chain related but not limited to it. 100% of students get placed. To enter into a big consulting firm and thereafter become a partner of it.
...Read More
NITISH KUMAR CHOWDHARY
NITISH KUMAR CHOWDHARY
4.4Helpful
Reviewed on Jul 15, 2023(Enrolled 2022)

Placement Experience:

Generally, students are eligible for the placements after 3rd Trimester. Companies from various sectors like FMCG, Mfg, Tech, Banking, and Consulting visit the campus for the final placements. Each year around 19-20 nos. companies visit for finals The highest Package for the last year 2022 was 54 Lpa and the average was 25.63 Lpa. The profiles offered are Management Consultant, Product Manager, Supply Planning Manager, Demand Planner, etc. 100% placement is recorded every year. I want to be in a consulting role after graduating from the institute.
...Read More
ASHWIN SHRIVASTAVA
4.8Helpful
PG Diploma, Industrial Engineering
Reviewed on Feb 8, 2023(Enrolled 2021)

Placement Experience:

Placements are better than most of the IIMs. NITIE is always known for good placements. Every year 100% placements are given to students with a wide variety of sectors and profiles. The average package is around 25.4 Lakhs per year. Internship Opportunities are best compared to IIMs.
...Read More
Tanmay Khare
5.0Helpful
PG Diploma, Industrial Management
Reviewed on Feb 6, 2023(Enrolled 2022)

Placement Experience:

Summer placements start as soon as you enter college. Full-time assistance is provided not only by the faculties but by our seniors as well, who've already gone through the process. Final placements start in the month of November, and mostly the batch gets placed within 3 months time. 150+ companies visit on campus
...Read More
SHUBHAM VERMA
4.8
PG Diploma, Industrial Management
Reviewed on Feb 2, 2023(Enrolled 2022)

Placement Experience:

The placements in college are top-notch. Students get eligible for campus placements from the third semester after their summer internships. All the top companies in India have visited the campus like Amazon, PNG, Johnson and Johnson, Accenture, Deloitte, EY, McKinsey and Company etc . There is 100% placement. The highest package and average package details are n the placement report available on the NITIE website.
...Read More
Ritik Yogesh Sarda
4.5Helpful
PG Diploma, Industrial Management
Reviewed on Jan 31, 2023(Enrolled 2022)

Placement Experience:

The placement process starts right from the first semester of college. The Summer internship process usually happens around the month of September. More than 100+ companies use to visit the campus every year to offer jobs to 500 students. 100% of placements are there.
...Read More
Tarun Chaudhary
4.9Helpful
PG Diploma, Industrial Engineering
Reviewed on Jan 29, 2023(Enrolled 2022)

Placement Experience:

The summer internship process starts at the end of the first semester. The internship takes place after 3rd sem. Details of companies are provided in the placement report on the official website of Nitie. The highest package and the average package details are mentioned in the same report along with the mean and median package. 100% percent of students gate pleased with the word before even the process completes. My plan is to currently work in an organization in which I would be pleased and get insights about though industry and a deeper knowledge of the domain so that I can then decide the course of action appropriate for my career.
...Read More

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IIM Mumbai: 54 Answered Questions

What is the placement scenario of NITIE Mumbai?

Epil Gagrai

During the 2024 placement drive at IIM Mumbai, there has been a 20% jump in the number of recruiters. Many companies participated for the first time including the tech giants like Microsoft and Goldman Sachs. Microsoft made the offer with the highest CTC of INR 51 Lakhs. The average package stood at INR 31 Lakhs. 

During 2023, the highest package was INR 78.2 Lakhs and the average package was INR 27.57 Lakhs. A total of 161 recruiters participated which also included 46 new recruiters and made offers to 129 students. Most of the offers were mainly from the consulting sector. Some of the major recruiters were Apple, Wipro, Accenture Strategy, Zepto, etc.

...Read More
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0

Do freshers at NITIE get placement packages as good as work-experienced people?

Vikas GuptaStudied PGDIE from National Institute of Industrial Engineering (2017)

Placement opportunities and good placement packages depend on your abilities and skills. At NITIE, freshers and experienced candidates receive equal opportunities. 

Placement packages depend on the type of job and the company. For instance, FMCG companies prefer freshers over experienced candidates. While consultant profiles are best suited for experienced people. They do not offer packages as good as FMCG companies.

However, placements depend on your hard work and the skills with which you prepare for it. It is always a benefit to adding work experience to your CV as it increases placement opportunities.

For the recent placement season, 30% of the batch had work experience of 25-36 months, 38% with 1-24 months work experience, and 31% of the batch were freshers. Highest CTC increased to 46.5 LPA and the average domestic salary increased to 20.5 LPA.

...Read More
0
0

How is the placement scenario in the PGDISEM course at NITIE?

Amul PrajapatiStudied at studied at National Institute of Industrial Engineering (2019)

NITIE is one of the most famous and reputed colleges in our country. Its flagship course PGDISEM is very popular among the students. This course offers good academics and placements. 

There are various kinds of job profiles offered to PGDISEM students such as:

  • Environment/Sustainability/Safety Manager
  • CSR Manager, Sustainability / EHS Consultant
  • Consultant (SAP – EHS)
  • Health and Well-being Manager
  • Risk Consultant
  • Green Supply Chain Management 

The students are also offered general roles such as Operations, Supply Chain, S&M, Project Management (IT), etc. 

Recent Placement Statistics 

Categories PGDISEM at NITIE Mumbai
Placement Percentage 80-90%
Highest CTC 28 LPA
Average CTC 15 LPA
Lowest CTC 6 LPA

The top recruiting companies that participate in the placement program include - Colgate, Dabur, Marico, KPMG, Johnson and Johnson, Wipro, TCS, Tata Steel, Hindustan Unilever, etc.

Hence, the placement scenario of the PGDISEM course at NITIE is very good, as students are being offered very good packages from top companies. 

...Read More
0
0

Is there anyone who remains unplaced from old IIM, XLRI, FMS Delhi, and NITIE? Is it possible to be?

Hira RamchandaniMBA in Human Resources & Strategy, Xavier School of Management (Graduated 2011)

Top B-Schools have created an Invincible persona and have successfully marketed it over the years; however, there is now a demand-supply mismatch, with seats at all B-Schools almost doubling or tripling in the last decade, and a slew of new IIMs or branches of top colleges such as MDI Murshidabad, IIFT Kolkata, NITIE, FMS Delhi, and XLRI Delhi. The colleges will suffer as a result of the lack of job offers from top companies. The only increase can be attributed to recently funded startups that have started hiring from these colleges by offering outrageous packages.

There are students who are unable to be placed during the normal Summers / Finals process, but these colleges use their star alumni base to place the remaining 5-8 students in companies cofounded by the alums or through alums who have been placed in top positions in traditional corporates.

...Read More
0
0

Should I join NITIE PGDIM as a fresher with no work experience? What is the scenario of placements for freshers at NITIE? Should I write the CAT again?

Shivani ChaturvediStudied at National Institute of Industrial Engineering

You can definitely join NITIE as a fresher. You will have ample learning and placement opportunities at NITIE. 

NITIE has placements at par with any other B school in India. NITIE is one of very few B-schools that conduct separate lateral and common placement processes for experienced and fresher. Also, NITIE has a magnificent ROI.

In case your academic record is not good and you have no prior work experience then it’s better to join a job and prepare for next year’s CAT. You can’t improve your academics but this way, you can improve your overall profile. 

So, choose the option that suits you best. 

...Read More
0
0

How is the placement scenario in the PGDIE course at NITIE?

Rishabh SaxenaPost Graduate Diploma in Industrial Management, National Institute of Industrial Engineering (2021)

The placement scenario for PGDIE at NITIE is outstanding as a lot of reputed companies visit the campus during placements. These include Abbott, Aditya Birla, Tata Sky, Flipkart, Accenture, Exide, Cognizant, Grofers, Ola, Cloudtail, Myntra, Marico, Reliance, Airtel and many other companies. 

A total of 121 companies have visited the campus and the students have received around 130 pre-placement offers. The highest domestic package offered is 44 LPA and the average package offered is 20.85 LPA. 

Most of the companies take GD first and then personal interviews, but finance and consulting companies have a different approach. They shortlist the students based on their resumes and then take their interviews. They also take an aptitude test which requires having good knowledge of the subject and decent mathematical skills. 

If you have prepared hard enough to present yourself in the interviews, then you will surely get placed in a top company. You should know everything about your resume and should always answer the questions with confidence.

...Read More
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0

How much do the top B-schools like the IIMs FMS, MDI, XLRI, SP JAIN, JBIMS, IIFT, and NITIE inflate their placement reports?

Ahana Bhaduri
Hardik PandyaMBA Finance, Indian Institute of Foreign Trade, Delhi (2016)

In the placement process, it is not always the B-Schools that are responsible for reporting inflated packages, but rather the companies. The figure reported by placement cells is referred to as the "Cost to Company" (CTC) and not the take-home salary. This means that simply dividing the CTC by 12 is not an accurate reflection of what you will receive in your bank account each month.

CTC consists of two main components: fixed and variable. The fixed component includes your basic salary, HRA, TA, LTA, employer's contribution to the provident fund, joining bonus, retention bonuses, and ESOPs. The variable component is based on both your performance and the company's performance and is paid out in lump sums either yearly or half-yearly.

Your take-home salary at the end of each month is calculated as basic salary + HRA + TA + other allowances - provident fund deduction - tax. The remaining amount is given to you at the end of the year. To illustrate how companies may inflate their CTC figures, here are a few examples:

  • Amazon:

Fixed component: 9 lakhs

Year 1 end retention bonus: 2 lakhs

Year 2 end retention bonus: 1.5 lakhs

ESOP: 5 lakhs to be paid over 3 years

Performance bonus: separate/not reported CTC: 17.5 lakhs

Take-home salary: 65-70k

  • Goldman Sachs:

Fixed component + Variable component: 14.5 lakhs

Relocation: 2,00,000 INR (one-time payment)

Supplemental Salary: 3,50,000 INR (supplemental salary is an accrued bonus paid out in monthly installments pro-rated from the date of joining, only applicable during the first year of joining)

CTC: 20 lakhs

Take-home salary: 95-98k

  • RBS India Development Center (Royal Bank of Scotland back-end):

Fixed component: 9 lakhs

Variable component: 10-20% of a fixed component

CTC: 10.8 lakhs

Take-home salary: 65-68k

As seen from the examples, despite Amazon having a CTC that is double that of RBS IDC, their take-home salary is the same. This is the typical way it works. The placement teams likely do not have much control over the process.

...Read More
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How good is PGDIE from NITIE if you don't get placed from campus placement?

Arshit JainStudied at NITIE

During NITIE Mumbai placements in 2022, 107 companies visited the campus and 157 PPOs were offered. Furthermore, during NITIE Mumbai placements 2022, the highest and average packages offered were INR 49 LPA and INR 25.4 LPA, respectively. Leading companies such as Accenture, Amazon, and HUL were among the top NITIE Mumbai recruiters in 2022.

Many students, particularly in PGDIE and PGDMM, left/left the college after being placed in PSU in the first year. Even in the PGDIM, many students leave/leave for higher-ranked colleges if they are on a waiting list. Since its inception, it has been 100% successful in terms of placement.

...Read More
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What is the future after you are placed from the NITIE Mumbai (PGDIE)? Is growth better in a mechanical core job or an industrial engineer job?

Pravin GirdharStudied at National Institute of Industrial Engineering (2019)

The Post Graduate Diploma in Industrial Engineering (PGDIE) course offered by NITIE Mumbai is a management-level course. So growth opportunities are very good. 

  • NITIE Mumbai will definitely offer you a very good opportunity to work with some of the biggest companies in India. 
  • These companies include HUL, ITC Ltd., Amazon, P&G, KPMG, Deloitte, and many other nationalized and private banks as well as other financial institutions.
  • It then depends on your own performance how you utilize them and go up the ladder. 
Categories PGDIE at NITIE Mumbai
Highest CTC 36-39 LPA
Average CTC 25-26 LPA
Lowest CTC 8-12 LPA

As this is a management level program it does not really matter whether you are from mechanical engineering or industrial engineering or some other. The college gives equal opportunities to all. After you reach a certain level, technical expertise becomes less and less relevant.

...Read More
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What will be the job profile after completing PGDIE from NITIE?

Chetan KapoorMBA General Management & Post Graduation in Supply Chain and Operations Management, NITIE Mumbai

Coming from a mechanical background, I can assure you that you will find a lot of opportunities in your desired field of interest. Your chances of getting placed with a manufacturing firm or an FMCG are higher.

If you get placed in a manufacturing firm or an FMCG or any e-commerce company, you will get jobs offering planning roles.

NITIE attracts a lot of consulting and manufacturing firms. To be honest, the only college where you will find manufacturing firms offering SCM roles is NITIE. In addition to that, NITIE is the best in providing roles related to demand planning, forecasting, and similar job profiles in an FMCG firm.

...Read More
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0
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IIM Mumbai Alumni Distribution by Sector

Operations 21%
Business Development 15%
Consulting 11%
Education 9%
Information Technology 9%

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Frequently Visited Companies

Companies
Aditya Birla GroupAmazonBain & Company India Private LimitedCognizant
CypressErnst & YoungFlipkartFutures First
IBMInfosysJohnson & JohnsonJP Morgan Chase & Co.
Mahindra & MahindraMaruti SuzukiMcKinsey & CoOracle
Ranbaxy LaboratoriesReliance Industries Limited [RIL]Bosch LimitedSAP
SchlumbergerTata MotorsTexas InstrumentVoltas

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