Indian Institute of Management Mumbai (IIM Mumbai) is a central government autonomous Institute of National Importance, located at Powai, Mumbai. The institution was originally founded in 1963 as the National Institute of Industrial Engineering (NITIE) and was renamed to IIM Mumbai in August 2023 when the IIM (Amendment) Act 2023 received Presidential assent on August 11, 2023. IIM Mumbai is ranked #6 in NIRF 2025 Management (second consecutive year at this rank).
IIM Mumbai operates from a 64-acre fully residential campus on Vihar Lake Road, Powai, Mumbai, in close proximity to IIT Bombay and the Hiranandani business district. The institute offers three MBA degree programmes: MBA (General Management), MBA-OSCM (Operations and Supply Chain Management), and MBA-SM (Sustainability Management), with a combined intake of 513 students per batch.
| Parameter | Detail |
|---|---|
| Established | 1963 (as NITIE); renamed IIM Mumbai August 2023 |
| Type | Institute of National Importance (central government autonomous) |
| NIRF 2025 Management | #6 |
| NIRF 2024 Management | #6 |
| NAAC | Not applicable (IIMs do not seek NAAC accreditation) |
| Campus | 64 acres, Vihar Lake Rd, Powai, Mumbai 400087 |
| Fully Residential | Yes |
| Admission | CAT (primary); GMAT 700+ / GRE 310+ also accepted |
| Website | iimmumbai.ac.in |
307 seats (domestic gender-neutral + female-only; 6 additional supernumerary seats for international students). Core curriculum covers general management disciplines: finance, marketing, operations, strategy, and organisational behaviour. Strong legacy in operations and supply chain from the NITIE era.
179 seats. Specialised MBA focused on operations management, supply chain, logistics, and industrial engineering. This is the programme most directly descended from NITIE's flagship PGDIM (Industrial Management) programme, retaining IIM Mumbai's core strength in manufacturing and operations.
27 seats. Programme focused on sustainability, ESG management, and responsible business. Continuation of the PGDSM tradition from the NITIE era.
Total MBA intake across all three programmes: 513 seats (2025-27 batch).
| Component | Amount |
|---|---|
| Tuition fee (2 years) | Rs 14,00,000 |
| Other charges (infra, IT, library, activity) | Rs 7,00,000 |
| Gross programme fee (2 years) | Rs 21,00,000 |
| Caution money deposit (refundable) | Rs 50,000 |
| Hostel (per year, approximate) | Rs 24,000 to Rs 75,000 |
| Mess (per month, approximate) | Rs 4,000 |
| All-inclusive estimate (2 years) | ~Rs 22.5 to 24.5 lakh |
| International students | US$ 45,000 (tuition and materials; hostel extra) |
PGDEx-VLFM (Executive, with IIT Delhi): 1-year executive programme, fee approximately Rs 16.32 lakh.
PhD (Regular): 4 to 5 years. Fee: Rs 65,000 in Year 1, Rs 55,000 from Year 2 onwards. Junior Research Fellows receive Rs 37,000 per month stipend; Senior Research Fellows receive Rs 42,000 per month.
PhD (Executive): For working professionals. Fee approximately Rs 1.5 lakh per year.
Online MBA: Available via iimmumbai.ac.in/mbaonline. Full details on the official site.
| Category | VARC | DILR | QA | Overall Percentile |
|---|---|---|---|---|
| General (OPEN) | 80 | 80 | 75 | 85 |
| NC-OBC | 70 | 65 | 65 | 75 |
| EWS | 70 | 65 | 65 | 75 |
| SC | 65 | 60 | 60 | 70 |
| ST | 55 | 55 | 55 | 65 |
| PwD/DAP | 45 | 45 | 45 | 55 |
Note: These are the minimum screening cutoffs for PI shortlisting. General-category candidates typically require 95+ overall percentile to receive a PI call in practice, given high competition.
Composite score weightage for final selection:
GMAT (minimum 700, test-center administered) and GRE (minimum 310) are accepted primarily for international students and working professionals, with a separate application window. No Group Discussion (GD) or WAT round.
The official gross programme fee for the MBA 2025-27 batch is Rs 21,00,000 over two years (Rs 14L tuition + Rs 7L other charges). A refundable caution deposit of Rs 50,000 is payable at admission. Hostel accommodation on campus is available (approximately Rs 24,000 to Rs 75,000 per year depending on room type); mess charges are approximately Rs 4,000 per month. Total cost of attendance for two years is approximately Rs 22.5 to 24.5 lakh.
Central Government schemes applicable to IIM Mumbai students:
SC Post-Matric Scholarship: Monthly stipend of Rs 150 for 10 months per academic year (Central Government scheme for SC students).
Top Class Education Scheme for SC Students: For SC students with family income below Rs 8 lakh per year, up to 100% tuition fee waiver from the Ministry of Social Justice and Empowerment. Applicable to IIM Mumbai's MBA programmes.
National Fellowship and Scholarship for Higher Education of ST Students: For ST students with family income below Rs 6 lakh per year. Managed through Ministry of Tribal Affairs and NESTS.
PM-YASASVI: For OBC/EBC/DNT students with family income below Rs 2.5 lakh per year. IIM Mumbai, as an NIRF-ranked institution, is eligible. Students apply through the National Scholarship Portal at scholarships.gov.in.
Institutional aid: IIM Mumbai provides need-based financial assistance and merit-based fee waivers for eligible students. Specific amounts and criteria are available on the official admissions portal.
PhD funding: Research scholars receive teaching assistantship stipends of Rs 37,000 to Rs 42,000 per month depending on Fellowship year (JRF/SRF), plus a contingency grant.
IIM Mumbai's 64-acre campus is situated at Vihar Lake Road, Powai, Mumbai 400087, adjacent to Vihar Lake and close to IIT Bombay. The campus is fully residential.
Hostels: Three major hostel blocks: Taylor Hall, Gilberth Hall, and the 16-floor Vikram Sarabhai Hall. Total hostel capacity approximately 800 students. All MBA students are accommodated on campus.
Academic facilities: Library with over 55,000 volumes and 11,000 periodicals, with access to ScienceDirect, EBSCO, and IEEE digital databases. Air-conditioned 200-seat auditorium. Computer labs with approximately 250 workstations. Smart classrooms and seminar rooms.
Innovation and incubation: AIC-NIFIE Incubation Centre (established under Atal Innovation Mission), supporting student startups in manufacturing, sustainability, and technology sectors.
Sports: Badminton, cricket, volleyball, basketball, table tennis, carrom. Outdoor sports area on campus.
Location advantage: Powai, Mumbai is home to a major technology and corporate hub. IIM Mumbai's proximity to the Hiranandani business district, Andheri-Kurla corporate belt, and Bandra Kurla Complex (BKC) makes it a preferred campus for recruiters from consulting, FMCG, finance, and technology sectors.
Set up in 1963 in collaboration with the UNDP and the ILO, NITIE built a six-decade reputation for industrial engineering, operations, and supply chain management before its conversion to IIM Mumbai.
Following Union Cabinet approval on 12 July 2023 and Presidential assent on 11 August 2023, NITIE became the 21st IIM. It is now a central government Institute of National Importance under the IIM Act.
IIM Mumbai held the 6th position in NIRF Management 2025, the second consecutive year at that rank after debuting at 6 in NIRF 2024, ahead of several older IIMs.
The 63.8 acre campus sits on Vihar Lake Road in Powai, adjacent to IIT Bombay, in northeastern Mumbai. The location gives easy access to corporate Mumbai and the broader Mumbai start-up ecosystem.
The 2025 MBA cohort reported an average package of 34.1 lakh per annum, a median of 33 lakh, and a highest package of 47.5 lakh, with 100% placement of 446 students through 198 recruiters.
As the former National Institute of Industrial Engineering, IIM Mumbai has run the PGDIE in industrial engineering since 1971 and continues to anchor India deepest faculty bench in supply chain, operations and manufacturing management. Dedicated MBA streams in Operations and Supply Chain Management (MBA-OSCM) and Sustainability Management, plus the PGDEX in Visionary Leaders for Manufacturing (VLFM), give the institute a programme footprint in this domain that no other IIM matches.
| Framework | Category | Year | Rank |
|---|---|---|---|
| NIRF | Management | 2025 | #6 |
| NIRF | Management | 2024 | #6 |
1 courses offered. Fees in INR lakhs.
| Course | Specialization | Duration | Total seats | Total fee | Avg package |
|---|---|---|---|---|---|
| MBA (Master of Business Administration) | — | 24 months | 513 | ₹21L | — |
1-year placement history, latest data from 2025.
6 cutoff records across exams, courses, and categories.
| Year | R | Exam | Course | Category | Gender | Quota | Opening | Closing |
|---|---|---|---|---|---|---|---|---|
| 2024 | — | CAT | MBA (Master of Business Administration) | General | Gender-Neutral | AI | — | — |
| 2024 | — | CAT | MBA (Master of Business Administration) | OBC | Gender-Neutral | AI | — | — |
| 2024 | — | CAT | MBA (Master of Business Administration) | SC | Gender-Neutral | AI | — | — |
| 2024 | — | CAT | MBA (Master of Business Administration) | ST | Gender-Neutral | AI | — | — |
| 2024 | — | CAT | MBA (Master of Business Administration) | EWS | Gender-Neutral | AI | — | — |
| 2024 | — | CAT | MBA (Master of Business Administration) | PwD | Gender-Neutral | AI | — | — |
Campus size, faculty strength, hostel facilities, and academic infrastructure.
Three hostel blocks on the Powai campus, Taylor Hall, Gilbreth Hall, and Vikram Sarabhai Hall, with Wi-Fi, washing machines, lounges, and a student-managed mess serving four meals a day.
