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

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

Updated 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.

LiveCAT 2025 Analysis LIVE: IIMCAT slot 3 'slightly more difficult' than slot 1, 2Nov 30, 2025 | 11:12 PM IST

The number of CAT 2025 test centres decreased from 389 to 339, while the number of cities remained the same at 170.

Read More

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

People also looking for;

Great Lakes - PGDM & PGPM Admissions 2026

Application deadline: 4th Dec | Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025

IBSAT 2025-ICFAI Business School MBA/PGPM 2026

IBSAT 2025-Your gateway to MBA/PGPM @ IBS Hyderabad and 8 other IBS campuses | Scholarships worth 10 CR

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%

Articles
|
Upcoming Bschool Exams
Certifications By Top Providers
Corporate Law
Via National Law University, New Delhi
Strategic Management
Via Indian Institute of Management Bangalore
Online MBA Business Analytics
Via Centre for Distance and Online Education, Anna University, Chennai
Introduction to Accounting-Part 1 Basics of Financial Statements
Via Indian Institute of Management Bangalore
PGDM Online
Via IMI, Delhi
Certificate Program in Product Management
Via Indian Institute of Technology Bombay
Udemy
 703 courses
Edx
 467 courses
Swayam
 236 courses
Emeritus
 231 courses
Explore Top Universities Across Globe
University of Essex, Colchester
Wivenhoe Park Colchester CO4 3SQ
Oxford Brookes University, Oxford
Headington Campus Oxford OX3 0BP UK
Northumbria University, Newcastle City Campus
Sutherland Building, Northumberland Road, Newcastle-upon-Tyne, NE1 8ST
Cardiff Metropolitan University, Cardiff
Llandaff Campus, Western Avenue, Cardiff, CF5 2YB
University of Reading, Reading
Whiteknights PO Box 217 Reading Berkshire RG6 6AH
Bristol Baptist College, Bristol
The Promenade, Clifton Down, Bristol BS8 3NJ

Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

Hello,

If your CAT admit card DOB is different from your Aadhaar card DOB, here is what you should do step by step:

  • Check CAT Admit Card Instructions
  • Contact CAT Helpdesk Immediately
  • Carry Supporting Documents - On exam day, carry Aadhaar card plus another ID proof (like PAN card, Passport, or School Certificate) to avoid issues.

If the error is in Aadhaar, apply for correction at an Aadhaar Seva Kendra.

If the error is in CAT application/admit card, only IIM CAT authorities can correct it. That’s why contacting them is essential.

Hope you undserstand.

Hello,

Here are Documents Required for CUSAT CAT (NRI Quota):

  1. Academic Documents includes (Class 10-mark sheet, Class 12-mark sheet, Transfer Certificate)
  2. NRI Sponsorship Documents
  3. Other Supporting Documents (Candidate’s passport, Proof of residence abroad)

To know more access below mentioned link:

https://engineering.careers360.com/articles/cusat-cat-application-form

Hope it helps.

You can get the previous year's CUSAT CAT papers in pdf format sample papers from careers360 article. Follow the link given below from careers360 to get the the CUSAT CAT previous years question papers.

Link- https://engineering.careers360.com/articles/cusat-cat-sample-papers

Hello,

Since the CAT application form correction window is closed, you must contact the CAT help desk immediately to explain the situation, as you can't edit a wrong date of birth after submission. If it's a major error like date of birth, you may need to go to the exam center with proof and the correct admit card, although getting it corrected before the exam date is the most important first step.

I hope it will clear your query!!

Hi there,

You have to apply separately for each symbiosis college, like SIBM Pune, as they as not automatically included. The CAT form automatically includes many IIMs, but the SNAP exam is a separate test that is given for admission to Symbiosis Institute, which requires its own separate application and fee.

Hope it helps!!!