The Indian Institute of Management Mumbai (IIM Mumbai), located in the bustling metropolis of Mumbai, Maharashtra, is one of the most anticipated additions to India’s prestigious IIM network. Established in 2023, it is set to become a beacon of excellence in management education, leveraging Mumbai’s position as the financial capital of India to create a unique academic and industry-linked environment.
IIM Mumbai is part of the renowned Indian Institutes of Management, established under the Ministry of Education, Government of India. As a newly launched institution, it adheres to the high standards set by the IIM network, ensuring quality education and global recognition. Over time, it is expected to join the ranks of its counterparts in achieving accreditations from top international organizations such as AACSB (Association to Advance Collegiate Schools of Business) and AMBA (Association of MBAs).
Despite being a new entrant, the Indian Institute of Management Mumbai has generated significant excitement and anticipation among aspiring management students due to its strategic location and affiliation with the esteemed IIM brand. Its location in Mumbai provides unparalleled access to corporate headquarters, start-ups, and a vibrant entrepreneurial ecosystem, making it an ideal choice for those seeking strong industry exposure alongside academics.
IIM Mumbai offers a flagship Post Graduate Program in Management (PGPM), equivalent to an MBA, aimed at equipping students with analytical skills, leadership qualities, and a global perspective. Additionally, the institute plans to expand its offerings with executive education programs, doctoral-level courses, and specialized Management programs in areas such as Finance, Technology Management, and Entrepreneurship.
As part of the IIM network, the Indian Institute of Management Mumbai is poised to benefit from strong industry connections and a robust placement framework. The institute focuses on providing students with opportunities for internships, live projects, and direct engagement with corporate leaders. Mumbai’s dynamic job market and IIM’s reputation are expected to result in excellent placement outcomes in diverse sectors, including consulting, finance, technology, and FMCG.
IIM Mumbai features state-of-the-art infrastructure designed to create a conducive environment for learning and innovation. The campus includes smart classrooms, advanced research facilities, and collaborative spaces to encourage group activities and discussions. It also offers comfortable accommodations, sports facilities, and recreational spaces, ensuring a balanced campus life for students.
The vision of the Indian Institute of Management Mumbai is to be a global leader in management education, research, and innovation, contributing to societal and economic transformation. Its mission is to nurture ethical, socially responsible, and competent leaders who can drive positive change in a rapidly evolving world. By integrating academic rigor with practical insights, IIM Mumbai aspires to shape individuals who can thrive in complex business environments.
Indian Institute of Management Mumbai (IIM Mumbai), Mumbai – Key Highlights
Attributes
Details
Location
Vihar Lake Road, near The Residence Hotel, Powai, Mumbai – 400087, Maharashtra, India.
Website
https://iimmumbai.ac.in
Type of University/Institute
Private/ Co-Education/ Non-Minority
Accreditation/Recognitions/ Rankings
Recognized by UGC, and ranked 6th by NIRF in 2024.
Programmes Offered
PG and PhD Programs in – Business Administration, Operations & Supply Chain Management, and Sustainability Management.
Admission Criteria
Merit Based & Entrance Exam – GATE, CAT, GMAT, GRE, CAT.
Mode of application
Online
Placement
Highest CTC offered was INR 54 LPA while the average/lowest CTC offered was INR 33.84 LPA.
Top Recruiters
Airtel/ Asian Paints/ Colgate, etc.
Name of Departments
Management
The Indian Institute of Management Mumbai offers a flagship Post Graduate Program in Management (PGPM), equivalent to an MBA, focusing on developing leadership, analytical, and strategic skills. The institute also plans to introduce executive education programs, doctoral studies, and specialized management courses in Finance, Technology, and Entrepreneurship, leveraging its proximity to Mumbai’s thriving business ecosystem.
Courses Offered:
Programmes/Courses Offered
MBA
PhD
Executive PhD
PGDEX – VLFM
DGMP
Please check here for further details
The Indian Institute of Management Mumbai’s flagship programme is the Post Graduate Program in Management (PGPM), equivalent to an MBA, designed to develop analytical and leadership skills. The institute plans to offer specialized courses in Finance, Technology Management, and Entrepreneurship, leveraging its strategic location in India’s financial hub for unmatched industry exposure.
Following is the list of some of the popular courses offered by IIM Mumbai.
Candidates willing to take an admission at the Indian Institute of Management (IIM Mumbai), Mumbai are required to fulfil certain eligibility criteria that are listed below.
Eligibility Criteria
Bachelor's degree with at least 50% marks or equivalent CGPA (45% for SC/ST/PwD).
Minimum three years of education after completing class 12.
Must have taken CAT/GMAT/GRE (not earlier than five years) or qualified IMAT.
One-Year Post Graduate Program for Executives
Three to ten years of relevant work experience.
Must have taken CAT/GMAT/GRE or qualified IMAT.
Fellow Program in Management
Full-time Master's degree in relevant fields with minimum CGPA of 7.0 or 60% marks (55% for SC/ST/PwD).
Candidates with a Bachelor's degree must also meet the same percentage criteria.
Relevant work experience preferred.
Fellow Program for Industry Professionals (FPIP)
Master's degree from recognized institutions with minimum CGPA of 8.0 or 75% marks, plus at least three years of professional experience.
Alternatively, candidates with a B. Tech/B.E. from IITs/NITs with similar criteria apply.
Post Graduate Diploma in Management (PGDM)
Candidates must have completed a minimum of three years of education after class 12.
Relevant entrance exam scores required.
The Indian Institute of Management Mumbai offers a range of modern infrastructure facilities to support the academic and extracurricular needs of its students.
Brief details regarding the facilities:
Overall rating: 4.6 out of 5.0 with the following break-up of major components:
Attribute/Component
Rating
Infrastructure Facilities
5.0
Campus Life
Placements
4.5
Faculty and Academics
4.0
Value for Money
Vidyavision does not endorse the views/point of view of the students who participated in the above Reviews as they are their personal observations/opinions.
Q1. What is the status of the Indian Institute of Management Mumbai?
Ans. Status of IIM Mumbai is – Private/ Co-Education/ Non-Minority
Q2. Is the Indian Institute of Management Mumbai a recognized institute?
Ans. Yes, it is a recognized institute under UGC.
Q3. What are the programs that are popular among the students at IIM Mumbai?
Ans. The Indian Institute of Management Mumbai offers a variety of Management programs in which the students mainly pursue MBA under specializations and PhD programs.
Q4. What are the processes of Application/Admission at IIM Mumbai?
Ans. The application process is conducted online. Candidates are required to visit the official website at – https://iimmumbai.ac.in and click on “Admissions” and “Apply now”. Next, candidates are required to register themselves and fill in the application form online step-by-step. In the final step, the students are required to make payment for the application form.
Q5. Does the Indian Institute of Management Mumbai provide placement to its students?
Ans. Yes, IIM Mumbai has a Placement and Training Cell that is responsible for organizing various processes like written tests, group discussions, etc., when companies visit the campus for placement drives.