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IIM Mumbai placements- Highest Package, Average Package

08 July, 2024
Priyal Kakaye

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 placements- Highest Package, Average Package

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

  • 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.

  • 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.

  • 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.