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IIM-Mumbai (IIMM)

IIM Mumbai (NITIE) is a postgraduate, Public Management institute located in Powai Mumbai. IIM Mumbai (NITIE) has been recognized as one of India’s Ivy-League B-School consistently for 5 decades by MHRD. The institute has recently been ranked 7th by NIRF 2023 and 7th by IIRF 2023 in the Management Category. IIM Mumbai (NITIE) offers MBA as its flagship program. Admission to these courses are done through CAT, followed by Group discussion and Personal Interviews. IIM Mumbai (NITIE) CAT cut-off is 97 percentile.
IIM Mumbai (NITIE) MBA fees is INR 14,63,000 for the 2-year program, whereas for the batch 2023, IIM Mumbai (NITIE) average package stood at INR 27.75 LPA and IIM Mumbai (NITIE) highest package offered was INR 78.20 LPA.

IIM - Mumbai Courses & Fees Structure 2024

IIM Mumbai Fees Structure 2024

The following table represents the IIM Mumbai Fees for the batch 2024-26:

Courses Fees Eligibility
MBA ₹20.48 Lakhs (Total Fees) Graduation with 50%
PGPEX ₹12.5 Lakhs (Total Fees) Graduation
Exec. Certification ₹1.4 Lakhs (Total Fees) Graduation
MDP ₹26,250 (Total Fees) Graduation
Fellowship ₹1.04 Lakhs (1st Year Fees) Post Graduation

IIM Mumbai Admission 2024

IIM Mumbai (NITIE) offers MBA / MBA (Sustainibilty Management) / MBA (Operations & Supply Chain Management) . IIM Mumbai (NITIE) MBA admission 2023 will commence with onset of CAT 2023 registrations.
IIM Mumbai (NITIE) MBA admission is based on the CAT exam. IIM Mumbai (NITIE) PGDIM cut-off was 97 percentile. The final merit list will be prepared based on the academic records, CAT score, relevant work experience, and performance in the GD and PI process.

IIM Mumbai (NITIE) MBA / MBASM / MBAOSM Admission 2024

To be eligible for admission into the MBAOSM  the candidates must fulfill the following requirements:

  • Education: Bachelor’s degree in Engineering/ Technology with a minimum aggregate of 60% (relaxable by 5% for SC/ ST/PWD candidates).
  • Entrance Exam: The PGDIE candidates will have to take the GATE exam conducted by IITs and the PGDIM/ PGDSM candidates will have to take the CAT exam conducted by IIMs.

IIM Mumbai (NITIE) PGDIE admission process includes the following stages:


Admission Stage Description 
Application Process Interested candidates can register for the PGDIE program. 
Shortlisting The PGDIE applicants will be shortlisted based on their GATE scores and the PGDIM/ PGDSM applicants based on their CAT scores.
GD and PI process The shortlisted candidates will be called to the IIM Mumbai (NITIE) campus for Group discussion (GD) and Personal Interviews (PI)
Final Selection  The final selection is based on the composite score, which will consider the academic records, GATE/ CAT score, relevant work experience, and performance in the GD and PI process.


IIM Mumbai (NITIE) MBA / MBASM / MBAOSM Important Dates

Event Dates
CAT Registration Starts August 2, 2023
CAT Registration Ends September 20, 2023
CAT Admit Card October 25, 2023
CAT Exam Date November 26, 2023
Fee First Installment (for booking a seat & confirm admission) July 15, 2024 (Tentative)
Fee Second Installment (for booking a seat & confirm admission) November 30, 2024 (Tentative)


IIM Mumbai (NITIE) MBA / MBASM / MBAOSM Selection Criteria

  • The candidates are shortlisted for the group discussion and personal interview based on their CAT/ GATE scores and eligibility criteria. 
  • The final selection is based on the composite score, which is calculated through the candidate’s academic records, GATE score, relevant work experience, and performance in the GD and PI process.

IIM Mumbai (NITIE) MBA / MBASM / MBAOSM Admission: How to Apply?

Interested candidates can fill out the application form available online at the IIM Mumbai (NITIE) Admission Portal and pay an application fee of INR 1,000 (INR 500 for ST/ SC/PWD candidates).


IIM Mumbai (NITIE) PGDEX-VLFM Admission 2024

The candidates who have a Bachelor’s degree in Technology with first class and a minimum of 5 years of work experience in the domains like manufacturing, consulting, operations, etc are eligible to apply for the PGDEX-VLFM program. IIM Mumbai (NITIE) PGDEX-VLFM admission process includes the following stages:

Admission Stage Description 
Application Form Interested candidates can fill out the online application form on the admission portal.
Aptitude Test + Personal Interview  The candidates will be shortlisted and called for the Aptitude Test and Personal Interview.
Final Selection  The final selection will be based on the candidate's performance in the aptitude test and personal interview.


IIM Mumbai (NITIE) PGDEX-VLFM Important Dates

Events Dates (Tentative)
Application Opens March 05, 2024
Application Closes April 05, 2024


IIM Mumbai (NITIE) PGDEX-VLFM Selection Criteria

The candidates will be selected for the PGDEX-VLFM program through a 3-stage process that would include an online application, Aptitude Test and Personal Interview.

  • The candidates will be shortlisted based on the application and the eligibility criteria and will be called for the aptitude test and personal interview.
  • The panel of IIM Mumbai (NITIE) and IIT Delhi Faculty members will evaluate the candidates on various parameters like industrial background, domain expertise, progression in career, leadership potential, professional aspirations, academic preparedness, accomplishment, and interpersonal skills.

IIM Mumbai (NITIE) PGDEX-VLFM Admission: How to Apply?

  • Interested and eligible candidates can apply online and register themselves on the IIM Mumbai (NITIE) Admission Portal.
  • The candidates must submit the SOP, the 2 letters of recommendation, and the application form.

IIM Mumbai (NITIE) FPM Admission 2024

The candidates who have a master’s degree with 60% aggregate marks (55% for ST/ SC/ PwD) and have a valid score in GATE/CAT/GMAT/GRE/UGC-JRF are eligible to apply for the Fellow Program. The Fellow program admission includes the following stages:


Admission Stage Description 
Application Form  Interested candidates can fill out the online application form on the admission portal.
Shortlisting of Candidates The candidates will be shortlisted based on their Research Proposal.
Selection Process The shortlisted candidates will be called to the IIM Mumbai campus for the shortlisting process, which will include the IIM Mumbai Admission Test, Writing Skills test, research Presentation, and Personal Interview.
Final Selection  The final selection will be based on the performance of the candidates in the IIM Mumbai Admission test, a Writing skills test, past Academic achievements, Research presentation, and Personal interview.


IIM Mumbai FPM Important Dates 

Events Dates (Tentative)
Application Opens January 16, 2024
Application Closes April 10, 2024


IIM Mumbai FPM Selection Criteria

The candidates will be shortlisted based on their Research Proposal. The shortlisted candidates will be called for IIM Mumbai Admission Test, Writing Skills test, research Presentation, and Personal Interview at IIM Mumbai .


  • IIM Mumbai Admission Test and Written Skills Test: IIM Mumbai Admission test will have 3 sections: Analytical Skills, Logical Reasoning, and Research Aptitude. In the Writing Skill test, the candidates will have to write a 150 - 200 summary of Research or a General article.
  • Research Presentation and Personal Interview: The research presentation will be based on the research proposal submitted by the candidate, and it will be followed by a personal interview. The personal interview will evaluate the candidate’s subject knowledge, communication skills, motivation to do research, and overall assessment. 

The final merit list will be prepared based on the performance of the candidates in various components like the IIM Mumbai Admission test, a Writing skills test, past Academic achievements, Research presentation, and Personal interview.


IIM Mumbai FPM Admission: How to Apply?

  • Interested candidates can apply online by registering themselves at the IIM Mumbai Admission Portal
  • The application fee is INR 1,000 (INR 500 for ST/ SC/ PWD candidates).
  • The candidates will also have to submit their Research Proposal of a maximum of 1500 words.
  • All sponsored candidates will have to submit the Sponsorship Certificate.

IIM Mumbai (NITIE) Admission: Exams Accepted

Courses Exams Accepted
MBA CAT
MBASM CAT
PGDEX-VLFM Aptitude Test conducted by NITIE Mumbai
FPM GATE/CAT/GMAT/ GRE/UGC-JRF and NITIE Admission Test and Writing Skills test.

IIM Mumbai : Placement

IIM Mumbai (NITIE) Placements 2023 has been concluded. IIM Mumbai (NITIE) highest package stood at INR 78.20 LPA whereas IIM Mumbai (NITIE) average package stood at INR 27.75 LPA. A total of 161 recruiters including 46 recruiters participated in IIM Mumbai (NITIE) Placements 2023.
IIM Mumbai (NITIE) Summer Internship Placements 2023 has been concluded with 494 placements. IIM Mumbai (NITIE) highest stipend stood at INR 3.50 Lakhs per month while IIM Mumbai (NITIE) average stipend stood at INR 1.85 Lakhs per month.

IIM Mumbai Placements 2023 Report :->>>

IIM Mumbai Placement report of the academic batch 2021-23 is mentioned below:

Particulars Placements Statistics (2021-23) Placements Statistics (2020-22)
No. of Recruiters 161 107
First - Time Recruiters 46 23
No. of Students Placed 129 468
Number of PPOs - 157
Highest CTC INR 78.20 LPA INR. 49 LPA
Average CTC INR 25.27 LPA INR. 25.4 LPA
Median CTC - INR 22 LPA
Average Package of the top 25% of the batch - INR 39 LPA
Average Package of the top 50% of the batch INR 34.04 LPA INR 31 LPA
Placement Sectors Consulting, FMCG, Retail & E-Commerce BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce,
Top Companies Apple, Accenture Strategy, Zepto, Wipro Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited


IIM Mumbai : Scholarship

IIM Mumbai (NITIE) scholarships are offered under various criteria to deserving and meritorious students. The financial support provided by the institute is in the form of tuition fee waiver for students enrolled in various degree programs.


Scholarship Name Amount Eligible students 
Type 1 30% tuition fee waiver Family income less than INR 2.50 lakhs 
Type 2 50% tuition fee waiver Family income less than INR 1 lakhs
Teaching Assistantship  INR 12,400 per month GATE Qualifiers
Central Sector Scholarship Scheme- Top Class Education of SC students  N.A. Family income less than INR 8 lakhs
Central Sector Scholarships Scheme- Top Class Education of ST students  N.A. Family income less than INR 8 lakhs


Scholarships offered by IIM Mumbai (NITIE)

IIM Mumbai (NITIE) offers scholarships to its students in three categories as mentioned below:- 

  • Scholarships Type 1 

IIM Mumbai (NITIE) Scholarships type 1 provide a 30% tuition fee waiver to its students. This fee waiver is for those students enrolled in the postgraduate programs whose total family income falls below INR 2.50 lakh in the last financial year.

  • Scholarships Type 2

IIM Mumbai (NITIE) Scholarships type 2 offers 50% waiver of tuition fee: This fee waiver is applicable to all those students enrolled in the postgraduate programs whose total family income falls below INR 1.00 lakh in the last financial year.

  • Teaching Assistantship

IIM Mumbai (NITIE) provides teaching assistantship to GATE qualifiers with an amount worth INR 12,400 per month and contingency expenditure as per rules. 


Scholarships offered by the Government of India

SC / ST candidates are granted Central Sector Scholarship as per the Government scheme. Scholarships offered by the Government of India are as mentioned further:- 

  • Central Sector Scholarships- Top Class Education Scheme for SC Students

Offered by the Ministry of Social Justice & Empowerment, GoI, to SC students. It is provided based on their annual parental income for the previous financial year. 

Candidates interested to apply for such scholarships should have a gross family income not exceeding INR 8,00,000/-.

  • Central Sector Scholarships- Top Class Education Scheme for ST Students

The scholarships are offered to ST students. It is provided based on their annual parental income for the previous financial year. 

Candidates interested to apply for such scholarships should have a gross family income not exceeding INR 8,00,000/-.

IIM - Mumbai FAQ

Yes, IIM Mumbai (NITIE) offers scholarships to its students under various categories as tuition fee waivers and teaching assistantship.
Scholarships offered by IIM Mumbai (NITIE) are in the form of 30% and 50% tuition fee waivers. In addition, teaching assistantship is also offered to GATE qualifiers.
According to media estimates, the average package provided to IIM Mumbai (NITIE) students in 2022 was INR 25,00,000, up 30% from 2021.
As per the latest placement statistics published by IIM Mumbai (NITIE), 309 students out of 321 have been placed successfully during the IIM Mumbai (NITIE) placements.
Recent graduates and Alums of IIM Mumbai (NITIE) work in a variety of fields, including Engineering, Business Development, Information Technology, Consulting, Finance, Banking, and Sales.
Students at IIM Mumbai (NITIE) have been offered an INR 25,00,000 as an average CTC whereas the Highest package stood at INR 49,00,000

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