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IIM Mumbai Placements 2024: Highest Package & Top Recruiters

Oct 30, 2024 | 4 minutes |

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IIM Mumbai, formerly the National Institute of Industrial Engineering (NITIE), is a prominent business school in India. The following article summarizes the IIM Mumbai final placement report for the 2022-2024 batch. The Class of 2024 comprised 446 students, including freshers and professionals. Read More: IIM Mumbai Placement Report 2024:Key Highlights
  1. 180 companies recruited students from the campus with 67 new recruiters.
  2. 170 PPOs were offered to 446 students that is 38.11% of the batch.
  3. The highest salary offered is Rs 54 LPA.
  4. The average salary for the top 10% of the batch was Rs 47.29 LPA and the top 50% was Rs 33.84 Lakh. 

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IIM Mumbai Placement Report 2024:Placement Figures
CTC in LPA Top 10% Top 20% Top 50%
Average 47.29 40.71 33.84
PPO Highlights The 2022-24 batch of IIM Mumbai secured a total of 170 Pre-Placement Offers.
PPO Percentage Average Salary for PPOs in LPA Median Salary for PPOs in LPA
38.11 29.44 28
The placement included participation from companies across various sectors, including BFSI, Consulting, FMCG, IT, Logistics, Manufacturing, Pharma, and retail/ E-commerce.

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SECTOR PERCENTAGE OF OFFERS
BFSI 10%
Consulting 18%
FMCG 16%
IT/Product Management 13%
Manufacturing 19%
Pharma 3%
Retail/E-commerce 10%
Others 11%
Average salary in each sector:
Sector The average salary in LPA
Retail & E-Commerce 34.84
Consulting 31.3
FMCG 30.83
Others 27.11
Also Read:
  1. IIFT Delhi Placements 2024: Average & Highest Package, Recruiter List
  2. MDI Gurgaon Placement Report 2024: Highest Salary & Average CTC
  3. IIM Shillong Placements 2024: Highest Package at 71.5 LPA | InsideIIM
  4. IIM Lucknow Placements 2024: 5-Year Salary Trends
Top Companies That Hired in Each Domain:
Sector Top Companies
Banking, Financial Services & Insurance (BFSI) American Express, Axis Bank, Crisil, DMI Finance, ETLI, ESAF Small Finance Bank, Federal Bank, HDFC Bank, IBDIC, IDFC FIRST Bank, Kotak Mahindra Bank, Mazars Advisory LLP, SBI Securities, TATA AIA, etc.
Consulting Accenture Strategy & Consulting, Accenture Technology Consulting, Acuvon Consulting, Deloitte India, Deloitte USI, EY, GEP, Kearney, KPMG, Mckinsey & Co., Miebach Consulting, PwC India, PwC US Advisory, Vector Consulting, etc
FMCG Britannia, Dabur, Diageo, Emami Group, Godrej Consumer Products Limited, Haleon, Hindustan Coco-Cola Beverages, Hindustan Unilever Limited, ITC, Johnson & Johnson, Kellogg's, L'Oréal, Marico, Mondelēz, Nestlé, Pernod Ricard, Procter & Gamble, Reckitt, Tata Consumer Products Limited, etc.
IT / Technology Airtel, Baker Hughes, Bristlecone, Cisco, Cognizant, First Source, Genpact, Gyansys, Hexaware, HSBC Technology, Merilytics, Microsoft, NTT Data, o9 Solutions, Pine Labs, Play Simple Games, Sprinklr, Tiger Analytics, Wipro, etc.
Manufacturing / Process AM/NS, Asian Paints, Avery Dennison, Bajaj Auto, bp, Crompton Greaves, Cummins, DCM Shriram, Everest Industries, Exide, Hero MotoCorp, Jindal Stainless Limited, Kalyani Steels, Micron, Modroof, Neterwala Group, PI Industries, Pidilite Industries Limited, Reliance Industries Limited, Schneider Electric, Shell, Tata Electronics, UPL, V-Guard, Varroc, Vikram Solar, etc.
Pharma & Healthcare Abbott, Cipla, Cloudnine Group of Hospitals, DRL, Lupin, Zydus Lifesciences, etc.
Retail & E-Commerce ABFRL, Amazon, Blinkit, Clicktech Retail, Flipkart, Jubilant Foodworks, Max Fashion - Landmark Group, Meesho, Modenik Lifestyle, Puma, Purplle, Reliance Brands Limited, Zepto, etc.
Others 91Squarefeet, Adani Group, Air India, Fashion TV, Godrej Properties Limited, IHCL, Landmark Group, Reliance Jio Infocomm Limited, Sobha Realty, TAS, Tata Play, Trafigura, Wakefit, etc.
Batch Profile 2022-2024 Males consist of 373 and females comprise 73 of the total strength of the batch. WORK EXPERIENCE (IN MONTHS)
No. of months Freshers 1-12 13-24 25-36 Above 36
% of batch 20 21 32 19 8
WORK EXPERIENCE ( SECTOR-WISE)
Sector Consulting & BFSI Sales & Marketing Operations IT/ Analytics Others
% of batch 12 5 29 19 15
OTHERS
  1. 16.36% of the batch consists of females.
  2. Most no. of offers were made to the manufacturing domain.
Frequently asked questions Ans. For the 2024 batch, the highest salary offered was Rs 54LPA. Ans. The average CTC for the top 10% is Rs 47.29LPA, the top 20% is Rs 40.71LPA and the top 50% is Rs 33.84LPA. Be sure to follow Atrayee Ghosh Also Read:
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  2. IIT Bombay PGP MBA RTI Data 2024-26
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  4. IIT Delhi RTI Data MBA Batch 2024-26
  5. IIM- Kozhikode PGP RTI Data 2024-26
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