IIM Mumbai Placements 2026: ₹71.4 LPA Highest, ₹31.4 LPA Average

Formerly NITIE, now firmly established as IIM Mumbai, the institute’s Batch 2024–26 final placement report shows a highest offer of ₹71.4 LPA and a batch average of ₹31.4 LPA. Here’s the full official breakdown, straight from IIM Mumbai’s own placement report.

IIM Mumbai Placements 2026: The Headline Numbers

IIM Mumbai’s own Final Placements Report for the Batch of 2024–26 — covering 505 students across its MBA, MBA-OSCM, and MBA-SM programmes — lays out the following:

From NITIE to IIM Mumbai: Why the Name Matters Here

IIM Mumbai was formerly the National Institute of Industrial Engineering (NITIE), established with support from the Government of India, UNDP, and ILO, and carries over six decades of legacy in management education. That Operations and Supply Chain heritage still shows up directly in its placement mix — the institute remains a nodal centre for the PM Gati Shakti initiative and hosts a dedicated Centre of Excellence in Logistics and Supply Chain Management, which helps explain why Manufacturing/Process hiring (16%) sits well above what you’d typically see at a more generalist B-school.

The institute is ranked 6th in the NIRF 2025 Management category, and runs three full-time residential programmes: MBA (General Management), MBA-OSCM (Operations & Supply Chain Management), and MBA-SM (Sustainability Management).

CTC by Percentile: Top 10%, Top 20%, and the Average

As with most B-school placement reports, the single “highest CTC” figure tells only part of the story. IIM Mumbai placements 2026 show a meaningful spread across percentile bands:

• Highest: ₹71.4 LPA
• Top 10% average: ₹47.5 LPA
• Top 20% average: ₹41.4 LPA
• Batch average: ₹31.4 LPA
• 3-year average median: ₹33.0 LPA

IIM Mumbai Placements 2026: Sector-Wise Hiring

IIM Mumbai’s official report breaks final placements down by sector, each tied to a named list of recruiters:

Role-Based Hiring: A Different Lens on the Same Batch

Alongside the sector view, IIM Mumbai’s report also breaks offers down by the actual role offered — a genuinely different cut of the same placement season, since a single sector (say, Consulting) can offer multiple role types.

• Sales & Marketing: 30%
• Consulting roles: 23%
• Supply Chain roles: 22%
• BFSI roles: 13%
• IT, Tech & Analytics roles: 7%
• Other roles: 5%

Reading the sector and role breakdowns together tells a fuller story than either alone — a Consulting-sector offer, for instance, might carry a Strategy, Analytics, or Operations-consulting role title depending on the specific recruiter and track.

PPO Conversions in IIM Mumbai Placements 2026

Of the 505 students placed, 179 secured their offer through a Pre-Placement Offer — meaning roughly 35% of the batch converted a summer internship directly into a final placement, without going through the full final-placement process. That’s a substantial share, and it reflects strong recruiter satisfaction with IIM Mumbai’s summer interns specifically.

Batch Profile Behind IIM Mumbai Placements 2026

The Batch 2024–26’s composition, as reported officially, looks like this:

• Gender ratio: 52% male, 48% female
• Academic background: 71% engineering, 15% arts, 9% commerce, 5% other disciplines
• Work experience: 63% with 0–1 years, 20% with 1–2 years, 11% with 2–3 years, 6% with 3+ years
• Average work experience: approximately 22 months

A heavily engineering-skewed, early-career batch is consistent with IIM Mumbai’s Operations and technical heritage — and explains why IT & Analytics and Manufacturing/Process both carry meaningful weight in the sector breakdown above.

Prominent Recruiters by Sector

A sample of named recruiters from IIM Mumbai’s official report, organised by sector:

• Consulting: Deloitte India, EY India, KPMG, PwC India, Kearney, ZS Associates, Bain Capability Network
• BFSI: Goldman Sachs, JP Morgan Chase & Co., Nomura, Axis Bank, ICICI Bank, Kotak Mahindra Bank, Citi
• FMCG: Hindustan Unilever, ITC, Nestlé, P&G, L’Oréal, PepsiCo, Marico
• IT & Analytics: Microsoft, Wipro, Genpact, LTIMindtree, Vodafone Idea, Mphasis
• E-Commerce & Retail: Amazon, Flipkart, Swiggy, Titan Company, Eternal
• Manufacturing / Process: Asian Paints, Reliance Industries, Hero MotoCorp, Honeywell, Vedanta Group
• Pharma: Cipla, Dr. Reddy’s Laboratories, Sun Pharma, Abbott, Glenmark Pharmaceuticals

What’s Not Fully Clear From the Official Report

• A single-year standalone median CTC for the 2024–26 batch (only a 3-year average median is given)
• The overall placement percentage relative to total batch size, beyond the absolute count of 505 students placed
• International offer figures, if any, separate from the domestic highest of ₹71.4 LPA
• Specific average age of the batch (only work-experience-in-months is clearly stated)

For the complete, unabridged report, refer directly to the official IIM Mumbai placement report page.

If a top IIM like this is your target, our breakdown of 99.5 percentile in CAT 2026 covers exactly the kind of accuracy and consistency this level of competition demands.