IIM Mumbai placements: Highest Package, Average Package
IIM Mumbai Placements 2024 has been concluded. The highest package offered by IIM Mumbai was INR 54 LPA, whereas the average package for the top 50% of the batch was INR 33.84 LPA. A total of 180 recruiters, including 67 recruiters, participated in IIM Mumbai Placements 2024. Some of the top recruiters included American Express, Accenture, Axis Bank, Abbott, Cipla, Wipro, etc. The highest number of students were placed in the Manufacturing sector (19%).
IIM Mumbai Summer Internship Placements 2025 has concluded with 480 students. IIM Mumbai’s highest stipend was INR 4.80 Lakhs per month, while its average was INR 2.27 Lakhs per month.
IIM Mumbai Placements Report 2024
| Particulars | Placements Statistics (2022-24) | Placements Statistics (2021-23) |
| No. of Recruiters | 180 | 161 |
| First – Time Recruiters | 67 | 46 |
| No. of Students Placed | 446 | 129 |
| Number of PPOs | 170 | – |
| Highest Package | INR 54 LPA | INR 78.20 LPA |
| Average Package | NA | INR 27.57 LPA |
| Median Package | NA | – |
| Average Package of the top 20% of the batch | INR 40.71 LPA | – |
| Average Package of the top 50% of the batch | INR 33.84 LPA | INR 34.04 LPA |
| Major Sectors | Manufacturing, Consulting | Consulting, FMCG, Retail & E-Commerce |
| Top Companies | American Express, Accenture, Axis Bank, Abbott, Cipla, Wipro | Apple, Accenture Strategy, Zepto, Wipro |
IIM Mumbai Placements Salary Statistics 2024
The table below represents the salary statistics of IIM Mumbai Placements 2024:
| Particulars | Salary Statistics |
| Top 10% Average Package | INR 47.29 LPA |
| Top 20% Average Package | INR 40.71 LPA |
| Top 50% Average Package | INR 33.84 LPA |
| Average Package for PPOs | INR 29.44 LPA |
| Median Package for PPOs | INR 28 LPA |
IIM Mumbai Placements Sector – Wise Average Package 2024
The below table represents the sector-wise average package of IIM Mumbai:
| Sector | Average Package |
| Retail & E-Commerce | INR 34.84 LPA |
| Consulting | INR 31.30 LPA |
| FMCG | INR 30.83 LPA |
| Others | INR 27.11 LPA |
IIM Mumbai Placements Sector – Wise 2024
The below table represents the sector – wise placement statistics of IIM Mumbai:
| Sector | Percentage of Students |
| Manufacturing | 19% |
| Consulting | 18% |
| FMCG | 10% |
| IT / Product Management | 13% |
| Retail & E-Commerce | 10% |
| BFSI | 10% |
| Pharma | 3% |
| Others | 11% |
IIM Mumbai Placements Year-Wise Trends
The below table represents the year-wise placement trends of IIM Mumbai :
| Particulars | 2021-23 | 2020-22 | 2019-21 | 2018-20 | 2017-19 |
| Highest Package | INR 78.20 LPA | INR 49 LPA | INR 44 | INR 58.24 LPA | INR 46.5 LPA |
| Average Package | INR 27.57 LPA | INR 25.40 LPA | INR 19.50 LPA | INR 21.82 LPA | INR 20.56 LPA |
IIM Mumbai Sector Wise Analysis 2023
The maximum number of students were placed in the consulting sector (40), followed by the FMCG Sector (30). Apple offered the highest package of INR 78 LPA. In terms of median package, the consulting sector is the most lucrative for graduates, with a significant advantage over other sectors.
The following is the sector-wise analysis for the batch 2023 at IIM Mumbai :
| Sectors | Number of Students Placed | Package Range |
| Consulting | 40 | INR 17 – 45 LPA |
| FMCG | 30 | INR 20 – 35 LPA |
| Retail / E-Commerce | 19 | INR 22 – 49 LPA |
| Others | 40 | INR 20 – 78 LPA |
IIM Mumbai Consulting Sector Placements 2023
| Name of the Company | Number of Students Placed | Package Offered |
| Accenture Strategy | 12 | 35-45 |
| Acuvon Consulting | 2 | 17 |
| Deloitte India | 9 | 23-31 |
| Deloitte USI | 14 | 23-31 |
| EY | 6 | 21-23 |
| Genpact | 2 | 19-24 |
| Kearney | 3 | 22-24 |
| KPMG | 4 | 25-30 |
| McKinsey | 4 | 20 |
| PwC India | 15 | 20-25 |
| ZS Associates | 1 | 20 |
| TAS | 3 | 25 |
| Infosys Consulting | 3 | 18-24 |
IIM Mumbai FMCG Sector Placements 2023
| Name of the Company | Number of Students Placed | Package Range |
| American Express | 1 | 28-33 |
| Dabur | 2 | 31-35 |
| Fidelity | 2 | NA |
| Kotak Mahindra Bank | 8 | 20 |
| L’Oréal | 2 | NA |
| Marico | 1 | NA |
| P&G | 5 | 30-31 |
| Pernod Ricard | 3 | 27 |
| Pidillite | 1 | NA |
| Yes Bank | 3 | 20-23.5 |
| AB InBev | NA | 24 |
| ITC | 2 | 32-33 |
IIM Mumbai Retail / E-Commerce Sector Placements 2023
| Name of the Company | Number of Students Placed | Package Range |
| Flipkart | 6 | 22-25 |
| Prozo | 2 | 28.5 |
| Walmart | 1 | NA |
| Amazon | 10 | 44-49 |
IIM Mumbai Other Sector Placements 2023
| Name of the Company | Number of Students Placed | Package Range |
| TAS | 3 | 25 |
| Accenture Technology | 3 | 23-32 |
| Delivery | 2 | NA |
| GE | 1 | 22 |
| Samsung | 1 | 25 |
| Schneider Electric | 1 | 21.5 |
| Shadowfax | 1 | 20 |
| Wipro | 4 | 20 |
| Zepto | 2 | 35 |
| Apple | 1 | 75-78 |
| RIL | 5 | 24 |
| Adani | 5 | 22-24 |
| UPL | 2 | 20 |
| GAVL | NA | 20 |
| DRL | 9 | 22.5 |
| Jio | 3 | 26-31 |
IIM Mumbai Summer Internship Placements 2025 Report
- During IIM Mumbai Summer Internship Placements 2025, 480 students received internship offers.
- The highest stipend stood at INR 4.80 Lakhs per month
- The average stipend stood at INR 2.27 Lakhs per month & the median stipend stood at INR 2 Lakhs per month.
- Students received internship offers from sectors like BFSI, Consulting, FMCG, Manufacturing, Ecommerce etc.
- The placement drive engaged 165 recruiters & among these recruiters 38 were first – time recruiters.
| Particulars | Internship Statistics 2025 | Internship Statistics 2023 |
| No. of Recruiters | 165 | 128 |
| First – Time Recruiters | 38 | 21 |
| No. of Students Placed | 480 | 494 |
| Highest Stipend | INR 4.80 Lakhs for 2 months | INR. 3.50 Lakhs for 2 months |
| Average Stipend | INR 2.27 Lakhs for 2 months | INR 1.85 Lakhs for 2 months |
| Median Stipend | INR 2 Lakhs for 2 months | INR 2 Lakhs for 2 months |
| Major Sectors | Manufacturing, FMCG | BFSI, Consulting |
| Top Companies | ABInBev, Amazon, Adani Group, E&Y, KPMG, McKinsey & Co., PwC | Asian Paints, Britannia, Colgate-Palmolive, Godrej Consumer Products Limited, HUL, American Express, Axis Bank |
Know more: IIM Nagpur Placements 2024-2025
IIM Mumbai Summer Internship Placements 2025 Sector-Wise
| Sector | Percentage of Students |
| Manufacturing | 25% |
| FMCG | 23% |
| E-Commerce | 10% |
| Consulting | 9% |
| BFSI | 9% |
| IT / Technology | 7% |
| Pharma | 7% |
| Others | 10% |
IIM Mumbai Placements FAQs
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What is the average Package offered during the 2024 IIM Mumbai placements?
Ans. According to the placement report, the average package for the top 50% batch for IIM Mumbai students in 2024 was INR 33.84 LPA.
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How many recruiters were hired during the IIM Mumbai 2024 placements?
Ans. As per the latest placement statistics published by IIM Mumbai, 180 companies participated, with 67 new recruiters successfully during the IIM Mumbai placements.
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Where do graduates of IIM Mumbai work?
Ans. Recent graduates and Alums of IIM Mumbai work in a variety of fields, including Engineering, Business Development, Information Technology, Consulting, Finance, Banking, and Sales.