IIM Mumbai - Indian Institute of Management (formerly NITIE) (IIM Mumbai): Admission 2027-29, Fees, Cutoffs, Recent Placements & NIRF Ranking
📍 Mumbai, Maharashtra • Estd: 1963 • ⭐ Rating: 4.8/5 (145 Student Reviews) • Accreditation: AACSB, AICTE
Institutional Fact Summary (Session 2027-29)
IIM Mumbai - Indian Institute of Management (formerly NITIE) (IIM Mumbai) is an accredited management institution located in Mumbai, Maharashtra. For the 2027-29 admission cycle, its audited 2-year total tuition fee is ₹21.0 Lakhs, with a recent audited average placement CTC of ₹31.50 LPA, a median CTC of ₹30.00 LPA, and an entrance cutoff benchmark of CAT 97.5+ %ile across accepted entrance exams including CAT.
Institutional Overview & Curriculum
Ranked #6 Management Institute in India by NIRF 2024. India's top hub for Supply Chain, Operations, and Consulting. Converted from erstwhile NITIE into India's 21st IIM under the IIM Act.
Flagship Specializations: Marketing, Finance, Operations, Business Analytics, Human Resource Management
IIM Mumbai 2-Year Total Fees & Education Loan Assistance
Total audited academic fees for the 2027-29 session stands at ₹21.0 Lakhs. Admitted students are eligible for collateral-free education loans through our mapped banking partners (SBI Scholar Scheme, Axis Bank, and HDFC Credila) with zero margin money and concession on interest rates.
IIM Mumbai Placements: Recent Audited CTC & Recruiters
Frequently Asked Questions About IIM Mumbai - Indian Institute of Management (formerly NITIE) (IIM Mumbai)
Q: What is the total fee for MBA/PGDM at IIM Mumbai - Indian Institute of Management (formerly NITIE) for the 2027-29 session?
A: The audited 2-year total tuition and academic fees for the 2027-29 cohort at IIM Mumbai - Indian Institute of Management (formerly NITIE) (IIM Mumbai) is ₹21.0 Lakhs. Living, hostel, and mess expenses may vary depending on student accommodation choices.
Q: What is the entrance exam cutoff for admission to IIM Mumbai - Indian Institute of Management (formerly NITIE)?
A: For general category candidates, the expected minimum cutoff for IIM Mumbai - Indian Institute of Management (formerly NITIE) is CAT 97.5+ %ile across accepted exams (CAT). Reserved category candidates receive relaxed percentiles as per institutional norms.
Q: What was the recent placement average and highest salary at IIM Mumbai - Indian Institute of Management (formerly NITIE)?
A: In the latest audited placement report, IIM Mumbai - Indian Institute of Management (formerly NITIE) recorded an average CTC package of ₹31.50 LPA and a highest domestic CTC of ₹71.40 LPA. Median salary stood at ₹30.00 LPA.
Q: Which entrance exams are accepted by IIM Mumbai - Indian Institute of Management (formerly NITIE)?
A: IIM Mumbai - Indian Institute of Management (formerly NITIE) accepts scores from CAT for shortlisting candidates for the Personal Interview (PI) and Written Ability Test (WAT) admission rounds.
Q: Can I get an education loan without collateral for IIM Mumbai - Indian Institute of Management (formerly NITIE)?
A: Yes. Students admitted to IIM Mumbai - Indian Institute of Management (formerly NITIE) are eligible for 100% collateral-free education loans up to ₹20-40 Lakhs under the SBI Scholar Scheme and Vidya Lakshmi government aid with zero margin money and expedited approvals.