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

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

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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.

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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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

The three key formulas that can solve almost all Profit & Loss problems are:

  1. Profit/Loss % = (Profit or Loss / Cost Price) × 100%, where CP is the cost price.

  2. Discount % = (Discount / Marked Price) × 100%, where MP is the marked price.

  3. Mark up % = (Mark up Value / Cost Price) × 100%, where CP is the cost price.


These formulas can be adapted for problems involving discounts, marked price, or successive gains/losses.

For detailed examples and variations, you can from the article

https://bschool.careers360.com/articles/profit-and-loss-for-cat-2025-only-3-formulas-needed-for-all-variations

With a 70 percent in CAT Examination, you can go for various B-Schools or private collages. The S. K. Patel Institute of Management in Gandhinagar is an option for those who score 70-80 percent in their CAT examination or The Gujarat Institute of Management (GIM) in Goa with a cutoff of 60-80 percentage. These are the collages you can look for in Gujarat or nearby.

Collage in other regions: BA Colleges Accepting 70-80 Percentile in CAT 2025

Thank You.

Hello dear candidate,

NO. your application for CAT will not rejected for wrong gender small mistake in the OBC NCL certificate. You will be considered as an OBC candidate.

you just need to get your OBC certificate corrected and need to inform the CAT helpdesk about this error.


Hello,

Here are some top MBA colleges in India with fees under Rs. 2 lakh and their exam/cutoff details:

  • SIMSREE, Mumbai – Fee around Rs. 1.3–1.4 lakh for 2 years. Accepts CAT, CMAT, MAH-CET, MAT, ATMA. Cutoff is very high, usually 99+ percentile in CAT/CMAT.

  • PUMBA (Dept. of Management Sciences, Savitribai Phule Pune University) – Fee around Rs. 1.2–1.3 lakh. Accepts CAT, CMAT, MAH-CET, ATMA. Cutoff approx. 75+ percentile in CAT, 90–95+ percentile in CMAT, high scores in MAH-CET.

  • TISS, Mumbai (MA HRM & other management-related programmes) – Fee around Rs. 1.7–1.9 lakh. Accepts CAT for some courses. Qualifying cutoff is around 60–70 percentile, but final selection cutoffs are higher.

These are the main government institutes where the full MBA/PG programme fee is within Rs. 2 lakh. Cutoffs vary slightly each year and by category, but SIMSREE and PUMBA generally need high scores, while TISS has its own process along with CAT shortlisting.

Hope it helps !

Hey! With a NEET score of 344 in the ST category, it is highly unlikely to get admission in any government BDS college in Delhi through the All India Quota. The cutoff for government BDS seats in Delhi usually falls around 400–450 for ST category, so your score is below that range.

You can consider private dental colleges, state quota seats in other states, or reattempt NEET next year to improve your chances.