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IIM Mumbai Placements 2024: Highest Package & Top Recruiters

Oct 30, 2024 | 4 minutes | 2 likes

Atrayee Ghosh

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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.

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IIM Mumbai Placement Report 2024:Key Highlights

180 companies recruited students from the campus with 67 new recruiters.
170 PPOs were offered to 446 students that is 38.11% of the batch.
The highest salary offered is Rs 54 LPA.
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

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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

16.36% of the batch consists of females.
Most no. of offers were made to the manufacturing domain.

Frequently asked questions

What is the highest salary offered at IIM Mumbai?

Ans. For the 2024 batch, the highest salary offered was Rs 54LPA.

What is the average CTC offered in IIM Mumbai?

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: