Indian Institute of Management Overview 2024

Indian Institute of Management

The Mumbai, Maharashtra AICTE. Private Estd 1963

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NITIE

The Indian Institute of Management Mumbai (IIM Mumbai), formerly known as NITIE Mumbai, is one of the premier B-Schools in India. It was granted the IIM status in 2023, making it the 21st IIM in the country. Located in Powai, Mumbai, the institute is known for its excellence in management education, especially in operations, supply chain, analytics, and industrial management.
Established in 1963, IIM Mumbai operates under the Ministry of Education, Government of India. It has a legacy of producing highly skilled management professionals and leaders for industries in India and abroad. With a rigorous academic structure, industry-centric curriculum, and a strong alumni network, IIM Mumbai continues to be a preferred destination for top recruiters.

Indian Institute of Management Highlights

Feature	Details
Full Name	Indian Institute of Management Mumbai
Formerly Known As	National Institute of Industrial Engineering (NITIE)
Location	Powai, Mumbai, Maharashtra
Established Year	1963 (IIM status in 2023)
Approved By	Ministry of Education, Government of India
Campus Area	67 acres
Affiliation	Indian Institute of Management (IIMs Network)

Indian Institute of Management Important Dates

(Tentative)

Event	Date
CAT 2024 Exam Date	November 2024
Application Window (via CAT)	August – September 2024
Shortlisting for PI	January 2025
Personal Interview (PI) Rounds	February – March 2025
Final Selection List	April 2025
Academic Session Begins	July 2025

Refer to official notifications for exact dates.

Indian Institute of Management Admission Process

Steps:

Entrance Exam: Apply through CAT for MBA programs.
Eligibility:
- Bachelor degree with 50% (45% for SC/ST/PwD)
- CAT score (compulsory)
Shortlisting: Based on CAT percentile and academic profile
Selection Process:
- Personal Interview (PI)
- Composite score includes CAT, PI, academic background, work experience, gender diversity

Final Admission: Through merit list + document verification

Indian Institute of Management Scholarship

Scholarship Type	Eligibility
Government Scholarships	For SC/ST/PwD/EWS students under GoI norms
Merit-cum-Means	Based on academic merit & income
Corporate Scholarships	Sponsored by companies for deserving students
Research Grants	For Ph.D. scholars and research projects

Indian Institute of Management Placements

Parameter	Details
Average Salary Package	Rs25.4 LPA (2024)
Highest Salary Package	Rs78 LPA (International)
Median Salary Package	Rs23.5 LPA
Top Recruiters	Accenture Strategy, Amazon, Deloitte, Flipkart, EY, Google, P&G, HUL, Tata Steel
Domains	Strategy, Supply Chain, Consulting, Product Management, Analytics, Operations

Indian Institute of Management Rankings

Ranked 7 for Overall by NIRF 2023

Ranked 8 for Overall by IIRF 2024

Ranked 7 for Overall by IIRF 2023

Ranked 68 for Overall by The Impact Ranking 2021

Ranked 9 for MBA by NIRF 2022

Ranked 12 for MBA by NIRF 2021

Ranked 9 for MBA by NIRF 2021

Indian Institute of Management Courses & Fees

Course	1st Year Fees	Eligibility
PGPEX-VLM	₹12.50 Lakh ( 1st Year Fees)	Graduation
Exec. Certification	₹1.40 Lakhs ( 1st Year Fees)	Graduation
MDP	₹26K ( 1st Year Fees)	Graduation

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Indian Institute of Management Ratings & Reviews

Academics

9.4 / 10

Faculty

8.1 / 10

Infrastructure

8.5 / 10

Placement

9.2 / 10

Social Life

8.5 / 10

Accommodation

8.8 / 10

Indian Institute of Management FAQs

Yes, NITIE was officially upgraded to IIM Mumbai in 2023.

You need to appear for CAT and apply through the official IIM admission process.

Strong focus on Operations, Supply Chain, Analytics, Strategy, and Sustainability.

Yes, IIM Mumbai provides residential facilities for all students with separate hostels for men and women.

Yes, through student exchange programs, international internships, and global academic partnerships.

Indian Institute of Management Address

Vihar Lake, PO NITIE, Powai Mumbai - 400087 Maharashtra, India

+91 7773045555

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