IIM Mumbai Final Placements 2025 Update: Phase 1 Completed; Accenture Hires 41 MBAs, Microsoft Offers Rs 54 lakh Package; Check Total Offers, Average Salary

Top Recruiters at IIM Mumbai Placements 2025 
Microsoft has offered the highest package at IIM Mumbai while Accenture has emerged as the biggest recruiter. Microsoft has made the highest annual salary offer of Rs 54 lakh. Accenture has emerged as the biggest recruiter in this phase with 41 offers. Other companies that offered large number of offers are Blinkit (14) PwC US Advisory (10) and Wipro (9). About 20 new recruiters has visited IIM Mumbai this year.

Brand IIM Mumbai Sees Placement Boost 
IIM Mumbai, erstwhile NITIE, saw a considerable boost in its placements last year, when it received the prestigious status of IIM. Last year, in IIM Mumbai Final Placements 2024, the Average Salary was Rs 31.00 LPA. The boost in IIM Mumbai placements seems to be continuing for the second year, although 100% placements are still to be completed. 

Speaking on the placements trends, Prof. Manoj Kumar Tiwari, Director, IIM Mumbai, said, “IIM Mumbai is known in the industry for its unique tech-driven perspective of management education. While we are pioneers in supply-chain management, after the IIM status we are attracting recruiters from the Finance sector too.”

IIM Mumbai Final Placements 2025 stats are as follows: 

• Average salary for the top 10 per cent of the batch is Rs 48 lakh per annum (LPA) 
• Average salary for the top 20 percent of the batch it is Rs.43.5LPA. 
• Average salary for the top 50 percent of the batch is Rs 35 LPA.

IIM Mumbai Final Placements – Average Salary Trends for Last Three Years 

• Final Placements 2025: Placements in progress.
• Final Placements 2024: Rs 31.00 LPA
• Final Placements 2023: Rs 27.75 LPA

IIM Mumbai Summer Placements 2025
IIM Mumbai also reported successful completion of summer placements. A total 128 companies participated for summer placements and 425 students were placed with average stipend offered at Rs 3.0 lakh for 2 months internship. Coco Cola has offered the highest stipend at Rs 5.0 Lakhs. Accenture Strategy & Consulting was the biggest recruiter with 37 offers. Whereas other companies offering multiple jobs on campus include Aditya Birla Fashion and Retail Limited (14), Amazon (13) and ITC (11).
IIM Mumbai is ranked 6th among B-Schools of India as per NIRF 2024 rankings. NITIE was established by the Government of India in 1963. Noted industrialists Anand Mahindra and Deepak Parekh had suggested, in 2007, the change in name of NITIE to an IIM, Mumbai. For several years no step was taken, but in January 2022, the Ministry of Education (India) constituted a committee of experts to deliberate on the feasibility. A significant milestone was achieved by NITIE Mumbai on 12 July 2023 when the Union Cabinet approved the amendment in the IIM Act, designating NITIE Mumbai as the 21st IIM and renaming it as IIM Mumbai.

Read complete IIM Mumbai Final Placements 2024 Report below. 

IIM Mumbai Placements 2024 
Average Salary Up by 11% at Rs.31 LPA

The 21st IIM in India, IIM Mumbai completed 100% placements 2024 in January 2024. Earlier known as NITIE Mumbai, IIM Mumbai has registered higher average salary at Rs. 31 LPA than Rs. 27.75 LPA last year while the highest salary has gone down to Rs.54 LPA from Rs.78.20 LPA last year. Out of 446 students, 170 were offered PPOs. Consulting emerged as the top recruiting sector with 18% share in Placements. Accenture, Deloitte, EY, GEP, Kearney, KPMG, Mckinsey, PwC are among the top recruiters.

Ranked 7th best Management Institute by the National Institutional Ranking Framework (NIRF) 2023, IIM Mumbai has consistently witnessed high placement packages over the years. IIM Mumbai is committed to providing high-quality management education, which is benchmarked against global best practices. The Class of 2024 at IIM Mumbai comprised of 446 students, including fresh graduates and professionals from esteemed institutes like the IITs, NITs, BITS etc. This diverse blend of talent ensured a rich learning environment, which is a key factor in the success of placements.

IIM Mumbai Placements 2024: Key Highlights
IIM Mumbai has a rich history of over six decades and has earned the prestigious distinction of being one of Indias leading B-Schools. The curriculum here is designed to address the evolving business challenges along with incorporating industry best practices. Situated in the financial capital of India, IIM Mumbai benefits from close ties with leading corporate entities. After being renamed as IIM Mumbai, as per Gazette notification dated 16th August, 2023, this 21st IIM has launched three MBA programs with substantial increase in number of seats namely Master of Business Administration (MBA), MBA (Operations and Supply Chain Management), MBA (Sustainability Management). Key highlights of IIM Mumbai placements 2024 are as below:

• Average Salary goes up by 11.7% at Rs.31 LPA in Placement 2024 from Rs.27.75 LPA last year
• Highest Salary goes down at Rs.54 LPA in Placement 2024 from Rs.78.20 LPA last year
• The average Compensation for the top 10% of the batch was Rs. 47.29 LPA
• Average salary for top 50%, batch was Rs. 33.84 LPA
• 180 Marquee companies participated in Placement 2024 including 67 first time recruiters
• 446 Students participated in Placement 2024 including 373 Male and 73 female students
• Number of PPOs offered 170
• Average Salary for PPOs: Rs.29.44 LPA
• Manufacturing was the top recruiting sector with 19% share in placements followed by Consulting at 18% and FMCG at 16%

Top Recruiters include Accenture, Deloitte, EY, GEP, Kearney, KPMG, Mckinsey & Co., Miebach, American Express, Axis Bank, CRISIL, Godrej, Haleon, Hindustan Unilever, ITC, Johnson & Johnson, Kelloggs, LOral, Marico, Mondel?z, Nestl, Pernod Ricard, Procter & Gamble, Reckitt, Cognizant, Genpact, Microsoft, Reliance Industries Limited?

Sector wise Placements: Top Recruiters
The placement season saw participation from companies across various sectors, including BFSI, Consulting, FMCG, IT, Logistics, Manufacturing, Pharma & Retail/ E-commerce. This broad range of industries underscores the programs relevance and adaptability in todays dynamic business environment. A total of 180 companies participated in the final placement drive, indicating strong industry interest in the programs graduates

BFSI
Top recruiters in Banking, Financial Services & Insurance (BFSI) sector included American Express, Axis Bank, Crisil, DMI Finance, ETLI, ESAF Small Finance Bank, Federal Bank, HDFC Bank, IBDIC, IDFC FIRST Bank, Kotak Mahindra Bank, Mazars Advisory LLP, SBI Securities, TATA AIA, etc.

Consulting
Accenture Strategy & Consulting, Accenture Technology Consulting, Acuvon Consulting, Deloitte India, Deloitte USI, EY, GEP, Kearney, KPMG, Mckinsey & Co., Miebach Consulting, PwC India, PwC US Advisory, Vector Consulting, were the top recruiters in Consulting Sector

FMCG
Top recruiters in FMCG sector included Britannia, Dabur, Diageo, Emami Group, Godrej Consumer Products Limited, Haleon, Hindustan Coco-Cola Beverages, Hindustan Unilever Limited, ITC, Johnson & Johnson, Kelloggs, LOral, Marico, Mondel?z, Nestl, Pernod Ricard, Procter & Gamble, Reckitt, Tata Consumer Products Limited, etc.

IT / Technology
In the IT/Technology sector top recruiters included Airtel, Baker Hughes, Bristlecone, Cisco, Cognizant, First Source, Genpact, Gyansys, Hexaware, HSBC Technology, Merilytics, Microsoft, NTT Data, o9 Solutions, Pine Labs, Play Simple Games, Sprinklr, Tiger Analytics, Wipro, etc.

Manufacturing
Top recruiters in Manufacturing sector were Asian Paints, Avery Dennison, Bajaj Auto, bp, Crompton Greaves, Cummins, DCM Shriram, Everest Industries, Exide, Hero MotoCorp, Jindal Stainless Limited, Kalyani Steels, Micron, Modroof, Neterwala Group, PI Industries, Pidilite Industries Limited, Reliance Industries Limited, Schneider Electric, Shell, Tata Electronics, UPL, V-Guard, Varroc, Vikram Solar, etc.

Pharma & Healthcare
Top recruiters included Abbott, Cipla, Cloudnine Group of Hospitals, DRL, Lupin, Zydus Lifesciences, etc.

Retail & E-Commerce
This sector included top recruiters like ABFRL, Amazon, Blinkit, Clicktech Retail, Flipkart, Jubilant Foodworks, Max Fashion - Landmark Group, Meesho, Modenik Lifestyle, Puma, Purplle, Reliance Brands Limited, Zepto, etc.

Others
Other top recruiters in various sectors included 91Squarefeet, Adani Group, Air India, Fashion TV, Godrej Properties Limited, IHCL, Landmark Group, Reliance Jio Infocomm Limited, Sobha Realty, TAS, Tata Play, Trafigura, Wakefit, etc.

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