IIM Mumbai: Campus, Cutoff, Placement, Alumni & More

Located in the suburban neighborhoods of Powai in Mumbai, NITIE Mumbai was founded by the Government of India and has grown consistently over the years. It was ranked 9^th in the NIRF 2022 rankings and 7^th in IIRF 2023 rankings in the Management Category. The institute offers various postgraduate and executive-level programs and is mainly prominent in the areas of Supply Chain and Operations Management. After the approval of the Indian Institutes of Management (Amendment) Bill 2023 by both houses of parliament and the president’s signature on the bill, it is official that NITIE Mumbai is now IIM Mumbai. In this blog, you will find everything you needed to know about IIM Mumbai.

Campus Life at IIM Mumbai

You can compare the IIM Mumbai campus to a mini peninsula. Surrounding a pond on three sides, the inhabitants of the campus often refer to it as ‘God’s Own Campus’. Though located in one of the busiest cities in India, the 67-acre campus is safely tucked away from the hustle and bustle of the city; a haven of lush greenery. This is the institute from which some of the best leaders in the industry are molded every year; especially in the fields of Supply Chain and Operations Management.

Life at IIM Mumbai can be generally classified into three phases. The first year, the summer internships, and the second year phases. The first few months will be spent trying to find and establish your place amongst the large crowd. Right when you get the hang of it, and finally begin to enjoy the experience to the fullest, that is when the summer internships come up. It’s back to square one again in a novel and maybe a more demanding environment. When you’re back on campus for your second year, it will be like you’re back at your own home again. You’re familiar with everything and the challenges of your first year, don’t seem to be much of a challenge anymore. Except for the final placement process that is. If you don’t fall under the tiny majority who were fortunate enough to be offered a PPO, then during the last few months, the nagging feelings of anxiety and disappointments will probably keep lurking in the back of your subconscious mind.

What stands out in your memories though, will be what you did external to the required curricular activities. At IIM Mumbai, the Pond is where you’ll always find someone roaming around. Being surrounded by nature, you will be transported to a perceptual world, far away from the rigorous one that you were in maybe a few minutes or hours ago. The in-house canteen will be the place where you would gather for random discussions of anything and everything.

The committee experience will be another big part of your life. During the first year, you will constantly try to prove that you deserve to be a member of the team. Once you get through to the next year though you will have a better time. Even if you were not a member of any committee, you can still benefit from the various events and activities organized by the different committees on campus. The celebrations held at NITIE (IIM Mumbai) during Holi or other festivals are on a whole other level. You will completely let yourself go during those few hours.

Also, visit the XAT Score Calculator

To keep fit, you either make use of the sports grounds and courts or the gym. Though, you really don’t need it considering the number of steps you climb every day when you’re rushing to get to class on time. This might be unexpected, but there are occasions when classes can be quite invigorating. You come out of these sessions feeling like coming to NITIE (IIM Mumbai) was 100% worth it. Placements can be stimulating too, though these stimulations tend to move from one end of the spectrum to the next. You will worry one moment and be relieved the next. Disappointments will follow, along with hope and finally success.

To sum up, life at IIM Mumbai is an experience. You need to live it to get it, and once you do, you will never forget how you lived through it.

Programs Offered at IIM Mumbai

The following programs are offered at IIM Mumbai.

NITIE Mumbai Cutoffs

Key Placement Highlights at NITIE Mumbai (Now IIM Mumbai)

Final Placements

PGDIM

121 companies participated in the final placement drive of NITIE Mumbai’s 25^th PGDIM batch The prominent sector-by-sector distribution of the roles offered was as follows:

Manufacturing (17%): The prominent recruiters were Aditya Birla, Whirlpool, Maruti Suzuki, Castrol, Reliance, AkzoNobel, Asian Paints, Tata Steel, Berger Paints, Godrej, Tata Motors, and Texas Instruments among others.

Consulting (17%): The prominent recruiters were Deloitte, McKinsey & Company, Bain & Company, Accenture, EY, Cognizant, PwC, Cartesian, Citius Tech, KPMG, and Capgemini among others.

Retail & E-Commerce (17%): The prominent recruiters were Amazon, Snapdeal, Myntra, Flipkart, Indiamart, Blue Stone, Swiggy, Ola, Sterlite, and Cloudtail among others.

IT/Analytics (14%): The prominent recruiters were Microsoft, IBM, Cognizant, Infosys, Capita, Hindustan Unilever Limited, Birlasoft, Marico, TCS, and Wipro among others.

BFSI (12%): The prominent recruiters were JPMorgan & Chase, ICCI Bank, Axis Bank, Yes Bank, Edelweiss, Fidelity, Kotak Mahindra Bank, Thomson Reuters, Bajaj Finserv and Aditya Birla Capital.

FMCG (12%): The prominent recruiters were PepsiCo, Coco-Cola, P&G, Mondelez International, Heinz, Nestle, Nivea, Godrej, Kellogs, Hindustan Unilever Limited, Johnson and Johnson, Marico, and ITC among others.

Pharma & Healthcare (4%): The prominent recruiters were OmniActive Health Technologies, Abbott, Piramal, United Health Group, Dr. Reddy’s, Glenmark, and Medtronic among others.

The table given below attempts to track the placement performance over recent years.

PGDIE

The final placement process of the PGDIE program at NITIE is conducted in two phases. The first phase is the Lateral Recruitment Process intended for students with a threshold duration of work experience. These candidates are offered higher than entry-level placements. The next phase is the Common Recruitment Process during which a slot process is followed. The placement highlights for the Batch 2022 are as follows.

Median CTC: INR 22 LPA

Average CTC: INR 25.4 LPA

Highest CTC: INR 49 LPA

The prominent recruiters were Amazon, Accenture, Axis Bank, Airtel, Aditya Birla, Capgemini, Cognizant, Deloitte, Bosch, Coco-Cola, Bain & Company, and EY among numerous others.

PGDSM

The final placement process for the 19^th PGDSM batch was highly successful with roles being offered across Operations, General Management, Consulting, and EHS. The majority of offers were in the Manufacturing domain, with IT/Analytics, Pharma and Healthcare, Consulting, Retail & E-Commerce, and BSFI (in that order).

Highest CTC: INR 44 LPA

Median CTC: INR 15 LPA

Average CTC: INR 16.83 LPA

The prominent recruiters were Deloitte, Edelweiss, Whirlpool, IBM, PepsiCo, Google, Amazon, United Health Group, Tata Group, Infosys, P&G, Hindustan Unilever Limited, and EY among many others.

Summer Placements:

The 2023 summer placement process was highly successful, witnessing a total of 125 companies participating. Out of the total batch strength of 494, 483 students were able to bag offers with stipends of more than 1 Lakh. The SIP highlights have been mentioned below:

Highest Stipend: INR 3.5 Lakhs

Median Stipend: INR 2 Lakhs

Average Stipend: INR 1.85 Lakhs

Prominent recruiters on campus were Kearney, ICICI, PepsiCo, P&G, Whirlpool, Airtel, Asian Paints, Glenmark, L’Oreal, Ola, and Walmart among others

Top Alumni:

Akhilesh Tuteja

Current Position: Global Leader – Cyber Security and Partner at KPMG

Year of Graduation: He was a member of the 1998 batch of NITIE Mumbai.

Salary: $200,000 (Approx.)

Accomplishments: He is also an Executive Council Member at NASSCOM and a Member of the WWE Centre for Cybersecurity in the World Economic Forum.

Dev Bhattacharya

Current Position: Group Executive President, BH Solar and E-Comm, Aditya Birla Group

Year of Graduation: He was a member of the 9^th batch of PGDIE and graduated in the year 1981.

Salary: 4238,520 (Approx.)

Accomplishments: He joined the Aditya Birla Group in 1996 as the Vice President of Corporate Strategy and Business Development

Sanat Chattopadhyay

Current Position: Executive Vice President and President at Merck & Co. Inc’s, Manufacturing Division

Year of Graduation: A member of the PGDIE program at NITIE Mumbai, he graduated in the year 1983.

Salary: $ 5,418,590

Accomplishments: Former CEO of a wholly owned subsidiary of Hoechst Pharmaceuticals

A.S. Viswanathan

Current Position: Chairman at Team ASV Consultants

Year of Graduation: He graduated from NITIE Mumbai in 1978.

Salary: More than 1 crore rupees

Accomplishments: He was the founder of Team ASV Consultants and the former Board Member, Executive Vice President, and CIO at Siemens Information Systems Ltd.

Amitava Mondal

Current Position: Founder, Managing Partner & CEO at Envision Advisor LLP

Year of Graduation: He was a member of the 1981 batch of NITIE Mumbai.

Accomplishments: He is also the President and Director at Envision Infraquip Advisor Ltd. His former experiences include CEO of Vinay Cements Limited, Sr. Vice President at Dunlop India Ltd., and CEO & MD of Stone India Limited among many others.

How can iQuanta help you get into IIM Mumbai?

iQuanta follows a dual pedagogy of teaching that focuses on conceptual learning as well as its application. iQuanta believes that an unresolved doubt should not demoralize an aspirant and hence, they provide 24/7 assistance for any doubt clarification. It offers more than 100 live stream sessions for each section with aided shortcuts and tricks. Over the years, it has been noted that the concepts taught during sessions and the questions provided for practice were very similar to the actual CAT examinations.

iQuanta provides its students with access to more than 7500 practice questions. After every session of Quant, VARC, and DILR, an assignment is unlocked on iQuanta’s dashboard for additional practice. Furthermore, students are given access to 20 CAT Mocks and 30 Sectionals. This ensures that aspirants have all the required resources to better prepare for the CAT examination.

iQuanta has the largest student community of more than 3 lakhs CAT aspirants. At iQuanta, peer-to-peer learning is highly encouraged and students make use of iQuanta’s Facebook groups to solve each other’s doubts and share preparation strategies. Students get to prepare for one of the toughest exams, together as a community. 

Frequently Asked Questions