IIM Mumbai Placements 2024: Highest Package, Average Salary, Top Recruiters

IIM Mumbai Placements 2024: Highest Package, Average Salary, Top Recruiters

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Team Careers360Updated on 20 Aug 2024, 02:52 PM IST

Indian Institute of Management (IIM), Mumbai, conducts the summer and final placements every year. IIM Mumbai has released the final placement report 2024 on its official website, iimmumbai.ac.in. As per the IIM Mumbai placement report for MBA, the highest and average package stood at Rs 54 LPA and Rs 47.29 LPA, respectively. Also, during the IIM Mumbai final placements 2024, the top 50% of the batch received an average package of Rs 33.84 LPA. Also, the median package of the batch was Rs 28 LPA. The top recruiters during IIM Mumbai placements 2024 included Accenture, Adani, HSBC, Cisco, Flipkart, Cognizant, Hero, etc.

This Story also Contains

  1. IIM Mumbai Placements 2024: Highlights
  2. IIM Mumbai Placements Summary 2024
  3. IIM Mumbai Placement 2024: Month-wise Work Experience
  4. IIM Mumbai Final Placement Sectors 2024
  5. IIM Mumbai Placement Comparison 2024: With Other IIMs
  6. IIM Mumbai Placements 2024: Top Recruiters
  7. IIM Mumbai Summer Placements 2023-25
IIM Mumbai Placements 2024: Highest Package, Average Salary, Top Recruiters
IIM Mumbai Placements 2024

IIM Mumbai Placements 2024: Highlights

Apart from this, out of a total of 480 students who participated in the IIM Mumbai summer placements. Also, the highest and average stipends offered during the IIM Mumbai summer placement 2023-25 batch are Rs 4.80 LPA and Rs 2.27 LPA, respectively. Key highlights of the IIM Mumbai placement 2024 are given below:

IIM Mumbai Placement Report 2024

Particulars

IIM Mumbai Placement Statistics

Total students

446 (Male: 373; Female: 73)

New recruiters

67

Total number of companies visited

180

PPOs Offered

170

Average CTC for PPOs

Rs 29.44 LPA

Median CTC for PPOs

Rs 28 LPA

Highest CTC

Rs 54 LPA

Top 10% Average

Rs 47.29 LPA

Top 20% Average

Rs 40.71 LPA

Top 50% Average

Rs 33.84 LPA

IIM Mumbai Placement Report Download Link

IIM Mumbai Final Placement Report 2024

Download Here

IIM Mumbai Summer Placement Report 2023-25

Download Here

IIM Mumbai Placements Summary 2024

According to the IIM Mumbai placement report, 80% of the students who participated in the placement drive had prior work experience. 20% of the students do not have any experience. The top profiles offered are Operations, Marketing, IT Analytics, Consulting, General Management, and Finance.

IIM Mumbai Placement 2024: Month-wise Work Experience

Duration of Experience

Percentage

Freshers

20%

1-12 Months

21%

13-24 Months

32%

25-36 Months

19%

36+ Months

8%

Also Read: IIM Mumbai Fees

IIM Mumbai Placements 2024: Work Experience Sectors

Sectors

Percentage

IT/Analytics

19%

Sales & Marketing

5%

Operation

25%

Consulting/ BFSI

12%

Freshers

20%

Others

15%

Also, improved trends were observed in the IIM Mumbai average package awarded during the last three years during IIM Mumbai MBA placements, which is given below:

IIM Mumbai Final Placement Sectors 2024

Sectors

Percentage

BFSI

10%

Consulting

18%

IT/Product Management

13%

Manufacturing

19%

Pharma

3%

Retail/ E-commerce

10%

Others

11%

IIM Mumbai Placement Comparison 2024: With Other IIMs

The table below compares IIM Mumbai MBA placements 2024 with other nearby IIMs:

IIM Name

Highest Package

Average Package

IIM Jammu

Rs 32 LPA (MBA HA & HM)

Rs 14.01 LPA

IIM Visakhapatnam

Rs 42.35 LPA

Rs 15.61 LPA

IIM Shillong

Rs 71.50 LPA

Rs 26.10 LPA

IIM Raipur

Rs 43.4 LPA

Rs 19.7 LPA

IIM Mumbai Placements 2024: Top Recruiters

Below is the list of top candidates for IIM Mumbai MBA placements 2024:

GEP

Bajaj

Adani

Deloitte

CISCO

HSBC

Genpact

Hero

ITC

Asian Paints

IDFC First

KPMG

Max

SBI

P&G

Wipro

Zepto

Sprinklr

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IIM Mumbai Summer Placements 2023-25

The institute released the MBA summer placement report for batch 2023-25. According to the report, the highest stipend and average stipend are Rs 4.80 lakh and Rs 2.27 lakh, respectively. Also, a total of 480 students participated in the IIM Mumbai summer placements for batch 2023-25.

Particulars

Details

Total students

480

First time recruiters

38

Company participated

165

Average stipend

Rs 2.27 Lakh

Median stipend

Rs 2 Lakh

Highest stipend

Rs 4.80 Lakh

Average Stipend of Top 10% of the Batch

Rs 4.43 Lakh

Average Stipend of Top 20% of the Batch

Rs 4.10 Lakh

Average Stipend of Female Candidates

Rs 3.17 Lakh

Batch with Average Stipend 3 Lakh or More

37.5%

IIM Mumbai Summer Placements: Participating Companies

Sector

Percentage

BFSI

9%

Consulting

9%

E-Commerce

10%

FMCG

23%

IT/ Technology

7%

Manufacturing

25%

Pharma

7%

Others

10%

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At KIMS Amalapuram, the internship stipend for MBBS students is generally reported to be around 20,000 per month, though some students have mentioned that in certain years no stipend was provided at all, which means it can vary depending on the policies in place at the time of your internship. To get the most accurate and updated information, it is always best to confirm directly with the college administration or recent interns, but on average, you can expect a stipend in the range of 18,000-20,000 per month during the compulsory rotating internship.

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