

The Indian Institute of Management (IIM) Mumbai, initially recognized as NITIE, was founded by the Government of India in 1963. This esteemed institute received a ranking of 9th by IIRF in 2025 and 6th by NIRF in 2024 for its MBA program. The key offering of IIM Mumbai is its MBA program, which has three specializations and spans two years. Additionally, there’s a PGPEX program designed for working professionals. The institute is particularly famous for its MBA in Operations & Supply Chain Management. Admission to this MBA program hinges on a composite score derived from CAT exam performance, academic records, personal interviews, and work experience. The selection criteria allocate weight as follows: 60% to CAT scores, 20% to the personal interview, and the remaining 20% to academic achievements and work experience. Candidates must clear a minimum CAT percentile of 85 overall, with sectional cutoffs being 80 percentile in VARC and LRDI, and 75 percentile in QA. The final placement specifics for 2025 haven’t been made public yet. Nonetheless, the available figures from 2024 show that the top salary package was INR 54 LPA, with the average being INR 33.84 LPA. The recruitment drive saw participation from 180 companies, of which 67 were first-time recruiters.