IIM Mumbai, known until 2023 as NITIE, is one of the oldest management institutions in the country and is best known for operations, supply chain and analytics. It suits CAT takers who want an IIM degree in India's financial capital, especially those drawn to operations, consulting and analytics roles, and who score well across all three CAT sections.
At a glance
| NIRF 2025 Management rank | 6 (score 77.58) |
| Established | 1963, as NITIE |
| Type | Institute of National Importance under the IIM Act, 2017 (as amended in 2023) |
| Location | Vihar Lake Road, Powai, Mumbai, Maharashtra |
| Flagship programme | Master of Business Administration (MBA) |
| Duration | Two years, full-time, residential |
| Sanctioned intake | 476 across two-year PG programmes in 2023-24 (NIRF 2025 data) |
| Admission test(s) | CAT; separate GMAT route for the MBA |
| Programme fee | Rs 25.00 lakh gross programme fee plus Rs 50,000 refundable caution deposit, MBA batch 2026-28; mess paid separately (official admissions page) |
| Median salary | Rs 33 lakh per annum for the two-year PG cohort graduating in 2023-24 (NIRF 2025 data) |
| Website | iimmumbai.ac.in |
About IIM Mumbai
The Government of India set up the National Institute of Industrial Engineering (NITIE) in 1963 with help from the United Nations Development Programme and the International Labour Organization. It now operates as IIM Mumbai; the institute's own Acts page lists the IIM Act, 2017 and the IIM (Amendment) Act, 2023 among its governing documents. The Director is Prof. Manoj K. Tiwari.
The institute says its campus is surrounded on three sides by lakes, which has earned it the nickname "God's Own Campus". It reports more than 60 faculty and around 1,200 students across its programmes. Its NITIE heritage still shapes the academic profile. IIM Mumbai hosts the Centre of Excellence in Logistics and Supply Chain Management and describes itself as the nodal hub for logistics capacity building under the PM Gati Shakti plan. It also lists faculty interactions with MIT and the Kellogg School of Management.
Programmes
- MBA: the flagship two-year residential programme, covering finance, marketing, operations, HR and analytics.
- MBA (Operations and Supply Chain Management): a two-year programme open to engineering graduates and a short list of quantitative degrees.
- MBA (Sustainability Management): a two-year programme with the same general eligibility as the MBA.
- Executive and one-year programmes: MBA-PGPEx and the PGDEx-VLFM manufacturing leadership programme, which the institute runs with IIT Delhi, among others.
- Doctoral: a regular PhD programme and an Executive PhD.
- BS in Digital Science and Business Management: an undergraduate programme (batch 2026-30).
Admissions and eligibility
For the 2026-28 MBA, you need a bachelor's degree with at least 50% marks or equivalent CGPA (45% for SC, ST and PwD candidates) from a recognised university. The degree must involve at least three years of study after Class 12. Final-year students can apply if they meet the conditions in the policy.
You apply through CAT. For the 2026-28 batch that meant CAT 2025, and the application fee was Rs 2,000 (Rs 1,000 for SC, ST, EWS and PwD candidates). There is also a separate MBA route through GMAT, which requires a test-centre GMAT score no more than five years old.
The MBA-OSCM has narrower eligibility. You need a full-time engineering or technology degree with 50% aggregate, or one of a few listed degrees such as an MSc in Mathematics or Statistics. Reservation follows Government of India norms: 27% NC-OBC, 15% SC, 7.5% ST, 5% PwD and up to 10% EWS.
Selection process
The process below comes from the official admission policy for the MBA, batch 2026-28 (CAT 2025). IIM Mumbai had not yet published a 2027-29 policy when we checked, so look out for changes.
Stage I: minimum CAT percentiles. You must clear every sectional cut-off as well as the overall one:
| Category | VARC | DILR | QA | Overall |
|---|---|---|---|---|
| Open | 80 | 80 | 75 | 85 |
| NC-OBC / EWS | 70 | 65 | 65 | 75 |
| SC | 65 | 60 | 60 | 70 |
| ST | 55 | 55 | 55 | 65 |
| PwD | 45 | 45 | 45 | 55 |
The policy says actual cut-offs may be much higher than these minimums, because they depend on how many candidates are called in each category.
Stage II: shortlisting for the personal interview. This uses your CAT 2025 score, sectional cut-offs and reservation category.
Stage III: final selection. A composite score is built from:
- CAT score: 60
- Personal interview: 20
- Academic Performance and Work Experience (APWE) score: 20
The APWE score uses rating points for Class 10, Class 12 (banded by stream) and your bachelor's degree (banded by discipline). It also gives points for work experience as on 31 December 2025, but nothing for under 12 months. The policy calls these weights tentative.
Fees and financial aid
For the MBA batch 2026-28, the official admissions page gives a gross programme fee of Rs 25.00 lakh per student. A refundable caution money deposit of Rs 50,000 is payable at admission. Mess charges and the mess deposit are separate, and mess fees are paid a year in advance. The same Rs 25.00 lakh figure is listed for MBA-OSCM and MBA-SM. For comparison, the 2025-27 batch paid Rs 21.00 lakh.
We could not find a scholarship scheme for MBA students on the official site. In the NIRF 2025 data, IIM Mumbai reported some students in its two-year PG programmes receiving full tuition-fee reimbursement from government, institutional and private sources. Ask the admissions office about current need-based aid before you accept an offer.
Placements
NIRF 2025 data. For the two-year PG programmes, IIM Mumbai reported a median salary of Rs 33 lakh per annum for the cohort graduating in 2023-24. That year 536 students graduated and 536 were placed. The medians for the two earlier graduating years were Rs 32 lakh (2022-23) and Rs 31 lakh (2021-22).
Final placement report, batch 2024-26. The official report covers 505 students (299 MBA, 178 MBA-OSCM and 28 MBA-SM). It lists:
- Average CTC: Rs 31.4 lakh per annum
- Highest CTC: Rs 71.4 lakh per annum
- Mean of the top 10%: Rs 47.5 lakh; mean of the top 20%: Rs 41.4 lakh
- 208 recruiting companies, 66 of them new
- 179 pre-placement offers
The report does not say whether the figures were audited. It groups recruiters into BFSI, consulting, e-commerce and retail, FMCG, and IT and analytics. Firms named include Goldman Sachs, JP Morgan Chase, Kearney, ZS Associates, Hindustan Unilever, Amazon and Microsoft.
Placement figures vary by year and role; read the official report.
Campus and student life
The campus is on Vihar Lake Road in Powai. The institute says the MBA, MBA-OSCM and MBA-SM are fully residential, with furnished double-occupancy hostel rooms, a 200-seat auditorium and facilities for cricket, basketball, volleyball, badminton and table tennis. Student bodies listed on the website include the Placement Committee, Cultural Committee, Sports Committee, Enactus, the investment club Arth, the Marketing Interest Group and the Prerana management group. The International Relations Committee handles exchanges, and the institute mentions an exchange programme with Ecole Centrale de Lille and an immersion programme with the University of Washington.
How to prepare for IIM Mumbai
Every CAT section has its own floor at IIM Mumbai, and the open-category QA minimum is lower than VARC and DILR. That makes balance across sections more important than a spike in one. If your mocks show a weak section, fix it early with a structured plan such as our CAT 2026 preparation guide and regular mock analysis.
The final composite gives CAT 60% of the weight, so a strong overall score carries you a long way. Academics and work experience still count for 20%. You cannot change your Class 10 and 12 marks, but you can see from the APWE tables where you stand, and you can earn work-experience points once you have 12 months or more. Also read how CAT percentiles relate to scores so the cut-off table makes sense.
Expect the personal interview to probe your academic background and any work experience. Interest in operations, supply chain or sustainability fits the institute's identity, but only if it is genuine. No cut-off or preparation route guarantees a call or an offer.
Frequently asked questions
What is the IIM Mumbai MBA fee?
For the 2026-28 batch, the official admissions page lists a gross programme fee of Rs 25.00 lakh plus a refundable caution deposit of Rs 50,000. Mess charges are extra. Check the admissions page for the batch you are applying to.
What is the CAT cut-off for IIM Mumbai?
The 2026-28 policy sets minimum CAT percentiles of 80 in VARC, 80 in DILR, 75 in QA and 85 overall for the open category, with lower minimums for reserved categories. The institute warns that actual cut-offs may be much higher.
How are IIM Mumbai's placements?
The NIRF 2025 data shows a median of Rs 33 lakh per annum for two-year PG graduates in 2023-24. For the 2024-26 batch, the official report lists an average CTC of Rs 31.4 lakh and a highest of Rs 71.4 lakh, with 208 recruiters.
Can I get into IIM Mumbai without work experience?
Yes. Freshers can apply, and the batch of 2026 had a large share of students with under a year of experience. Work experience earns points only from 12 months onwards and is one part of the 20-mark APWE component.
Is IIM Mumbai the same as NITIE?
Yes. IIM Mumbai was established as NITIE in 1963 and now operates under the IIM Act. It kept its Powai campus and its strength in operations and supply chain. You may also want to compare it with IIM Calcutta and IIM Indore.
Sources
- NIRF India Rankings 2025: Management: rank and score (accessed 22 October 2026)
- NIRF 2025 data submitted by IIM Mumbai (IR-M-S-8931): sanctioned intake, graduates, placed students and median salary (accessed 22 October 2026)
- IIM Mumbai Admission Policy for the MBA Programme, Batch 2026-2028: eligibility, CAT cut-offs, APWE scoring, composite weights and reservation (accessed 22 October 2026)
- IIM Mumbai Admissions page: fees for 2026-28 and 2025-27, application fees, GMAT route and MBA-OSCM eligibility (accessed 22 October 2026)
- IIM Mumbai Final Placements Report, Batch of 2024-26: batch profile and placement highlights (accessed 22 October 2026)
- About IIM Mumbai: history, campus and programmes (accessed 22 October 2026)
- IIM Mumbai Act, Rules and Regulations: governing Acts (accessed 22 October 2026)
- IIM Mumbai Infrastructure and International Relations Committee: hostels, facilities and exchanges (accessed 22 October 2026)
Researched from official sources on 22 October 2026. Admissions policies, fees and placement figures change every year: confirm them on the institute’s website before applying.