IIM Mumbai: Indian Institute of Management Mumbai (Formerly NITIE)

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IIM Mumbai: Indian Institute of Management Mumbai (Formerly NITIE)

IIM Mumbai: Indian Institute of Management Mumbai (Formerly NITIE)
University Established 1963
Address : Vihar Lake Rd, near The Residence Hotel, NITIE Admin Block, Powai
City: Mumbai | State: Maharashtra
MBAUniverse.com Rank: 11| AAA | NIRF Rank:Not Ranked
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Located in the financial capital of India, NITIE got its name changed to IIM Mumbai in August 2023 and became the 21st IIM in India. With a legacy of 60 years, IIM Mumbai (NITIE) provides an excellent platform to the students who aspire to be leader of tomorrow. Recognized as one of the 15 centers of excellence by the ministry of HRD, Govt. of India, IIM Mumbai (NITIE) has, over the years, earned the reputation of being the facilitator of the process of evolution of the best brains of the country into the best business ones.


IIM Mumbai – Dream B-school for MBA aspirants, has launched 3 MBA programmes – MBA, MBA-Operations & Supply chain Management and MBA-Sustaiability Management after getting renamed as Indian Institute of Management Mumbai from earlier name of NITIE Mumbai. Now the IIM Mumbai will award MBA degree instead of Post Graduate Diploma for all the three MBA programmes on successful completion of the course.


IIM Mumbai Highlights

  • IIM Mumbai Top Recruiters: Top recruiters in IIM Mumbai placements 2023 included  American Express, Axis Bank, Accenture, Amazon, ICICI Bank, Kearney, Deloitte, EY, Infosys, KPMG, McKinsey, PwC, Colgate-Palmolive, Godrej, HUL, ITC, Kimberly Clark, Mondelēz, P&G, Reckitt, Cognizant, Wipro, Apollo Tyres, Bajaj Auto, Castrol, General Electric, Philips, Pidilite, RIL, RPG, Vedanta, Cipla, GSK among others
  • IIM Mumbai (NITIE) Rankings: IIM Mumbai (NITIE) NIRF Rankings have placed IIM Mumbai at 7th Rank. IIM Mumbai was ranked 2nd in India by the prestigious THE Impact Rankings 2022. IIM Mumbai was ranked 73rd with a 74.6 score in the UN Sustainable Goal No. 4 Quality Education in the World
  • Courses Offered by IIM Mumbai: IIM Mumbai course details include newly launched 2 years full time MBA, MBA-Operations & Supply Chain Management, MBA-Sustainability Management programs
  • IIM Mumbai (NITIE) MBA Fees: IIM Mumbai MBA fees is Rs.21 lakhs for 2 years. IIM Mumbai Fees Payment Modes are online through net banking, credit/debit card among others
  • IIM Mumbai Accreditation: IIM Mumbai is created with the IIM Act (Amendments) 2023 and is empowered to award MBA degree now. IIM Mumbai does not require approval and recognition from AICTE or UGC.
  • IIM Mumbai Placements 2023: IIM Mumbai placements for MBA 2021-23 batch scaled new heights. IIM Mumbai Average Package in placement 2023 was Rs.29.06 LPA and the highest package was Rs.78 LPA. IIM Mumbai has registered Median salary of Rs.28 LPA in placement 2023
  • Entrance Exam Accepted by IIM Mumbai: For MBA admission 2024, the entrance exam accepted by IIM Mumbai is CAT 2023
  • IIM Mumbai MBA/PGDM CAT Cut Off: In its MBA admission Policy 2024, IIM Mumbai MBA/PGDM CAT cut off is announced as 85%ile overall and 80%ile sectional
  • IIM Mumbai International Exchange:  IIM Mumbai has a vibrant Student Exchange Programme with several partner universities across North America, South America, Europe, and South-East Asia.
  • IIM Mumbai Scholarships: IIM Mumbai scholarships are offered to meritorious need based students leading to full or partial fee waiver.  IIM Mumbai Scholarship Schemes include GoI teaching assistantship for GATE qualifiers, Financial aid to SC/ST candidates as per GoI norms; UCC Ireland Meritorious Scholarship for Indian students, Dr Manmohan Singh Scholarships, L&T Build India Scholarship, Capital first MBA scholarship among others
  • IIM Mumbai Alumni: IIM Mumbai alumni are occupying top positions including CEOs, Directors, HR Heads, Entrepreneurs and are spread across the Globe. Some of the IIM Mumbai notable alumni include Bishnupada Sethi, IAS, Principal Secretary Social Security, Govt of Orissa; Akhilesh Tuteja, Director, Information Risk Management, KPMG; Amit Doshi, VP Operations, Genpact;; CG Kaluskar, GM, Novartis;  B Prasad Rao, MD, BHEL among others.
  • IIM Mumbai (NITIE) Facilities at Campus:  IIM Mumbai (NITIE) is located in Powai, near Vihar Lake. The B-school has a sprawling campus of 67 acres with ultra modern facilities for the students and faculty. A student-run institute, IIM Mumbai has around 30 Committees and Forums that the students can be a part of. Around the year, these committees organize various events and programs like Sansmaran – Alumni Meet, Avartan – Flagship Business fest of NITIE, Mahamandi, Arohan, Panel discussions, Leadership talks, Social Volunteering works among others

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Ranking & Awards

MBA Rankings help you to decide which MBA college or MBA program you should apply when there are hundreds of options available to you. If you are looking for latest IIM Mumbai (Formerly NITIE) MBA Ranking, this special page will share all major IIM Mumbai (NITIE) Rankings


The Indian Institute of Management Mumbai (IIM Mumbai) is one of the leading MBA colleges in India. IIM Mumbai has achieved good rankings from reputed MBA Rankings conducted by Government of India and leading media houses as below:



Alumni Achievers

IIM Mumbai (NITIE) Notable Alumni are many top CEOs, CXOs, HR Heads, top managers, entrepreneurs, from its MBA program. IIM Mumbai Alumni are holding the top positions in many top companies in India and abroad. There are hundreds of notable alumni of IIM Mumbai (Formerly NITIE). IIM Mumbai Alumni are the torch bearers of their alma mater and are the inspiration for the budding managers studying in IIM Mumbai. Watch this page for some of the IIM Mumbai (NITIE) famous alumni.



IIM Mumbai Sholarship Schemes, leading to partial or full fee waiver are offered to the students. IIM Mumbai (NITIE) Scholarships are Merit Based and Need Based which are offered to students in 1st and 2nd year of the MBA courses to support them to pursue the management program with reduced financial burden as MBA education is getting more and more expensive. MBA scholarships, offered by the MBA colleges in India not only reduce the burden of high MBA Fee, it turns out to be good support during the MBA course.




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  • A/C Classrooms
  • Auditorium
  • Cafeteria
  • Convenience Store
  • Gym
  • Hospital & Medical Facilities
  • Hostel
  • Incubator
  • Labs
  • Library
  • Shuttle Service
  • Sport Complex
  • Wi-Fi Campus

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