The IIM Mumbai Placements season 2023 has concluded, with the highest package offered being INR 78.20 LPA and the IIM Mumbai Average Package being INR 27.57 LPA. The IIM Mumbai Placements drive witnessed participation from a total of 161 recruiters, including 46 new recruiters. In addition, the summer internship placements for 2023 have also been concluded with a total of 494 placements. The highest stipend offered was INR 3.50 Lakhs per month while the average stipend stood at INR 1.85 Lakhs per month.
IIM Mumbai Placements 2023 Report
| Particulars | IIM Mumbai Placements Statistics 2023 | IIM Mumbai Placements Statistics 2022 | IIM Mumbai Placements Statistics 2021 |
|---|---|---|---|
| No. of Recruiters | 161 | 107 | 125 |
| First – Time Recruiters | 46 | 23 | 36 |
| No. of Students Placed | 129 | 468 | – |
| Number of PPOs | – | 157 | 132 |
| IIM Mumbai Highest Package | INR 78.20 LPA | INR. 49 LPA | INR 44 LPA |
| IIM Mumbai Average Package | INR 27.57 LPA | INR. 25.4 LPA | INR 19.5 LPA |
| Median CTC | – | INR 22 LPA | INR 18 LPA |
| IIM Mumbai Average Package of the top 25% of the batch | – | INR 39 LPA | – |
| IIM Mumbai Average Package of the top 50% of the batch | INR 34.04 LPA | INR 31 LPA | – |
| Placement Sectors | Consulting, FMCG, Retail & E-Commerce | BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce, | Consulting & BFSI |
| Top Companies | Apple, Accenture Strategy, Zepto, Wipro | Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited etc. | EY, IDFC First, ETLI |
IIM Summer Internship Placements 2023 Report
| Particulars | Internship Statistics 2022 | Internship Statistics 2023 |
|---|---|---|
| No. of Recruiters | – | 128 |
| No. of Students Placed | – | 494 |
| First – Time Recruiters | – | 21 |
| Highest Stipend | INR 3.2 Lakhs per month | INR. 3.50 Lakhs per month |
| Average Stipend | INR 1.76 Lakhs per month | INR 1.85 Lakhs per month |
| Median Stipend | INR 1.80 Lakhs per month | INR 2 Lakhs per month |
| Placement Sectors | – | BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce |
| Top Companies | Capital Foods, Everest Industries, Purple, Dabur, Deloitte USI, HUL | Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited, HUL, American Express, Axis Bank, ICICI Bank, IDFC First Bank, Apollo Tyres, Bajaj Auto, Castrol, General Electric, John Deere, etc. |
IIM Mumbai recently concluded its Summer Internship Placements for 2023, which saw 494 students receive internship offers. The highest stipend offered was INR 3.50 Lakhs per month, while the average and median stipends stood at INR 1.85 Lakhs and INR 2 Lakhs per month, respectively.
Students were offered internships in a range of sectors, including BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & E-commerce, among others. The drive saw the participation of 128 recruiters, including 21 first-time recruiters. Some of the notable recruiters included Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited, HUL, American Express, and others.
FAQs:
Q. What is the IIM Mumbai Average Package (NITIE)?
Ans. The average salary of IIM Mumbai (NITIE) is INR 27.57 LPA in the 2023 placement drive.
Q. How are placements at IIM Mumbai (NITIE) ?
Ans. In the 2023 placement drive at IIM Mumbai (NITIE) , a total of 161 recruiters visited the campus and among them, 46 were new recruiters. The IIM Mumbai Average Package recorded was INR 25.27 LPA and the highest package stood at INR 78.20 LPA.
Q. How is the placement of the PGDSM program at IIM Mumbai (NITIE)?
Ans. According to the 2022 placement data, the PGDSM candidates received an average package of INR 16.83 LPA and the highest package of INR 44 LPA. Most of the offers were made in the manufacturing sector.
Q. When does the placement start in IIM Mumbai (NITIE)?
Ans. The IIM Mumbai (NITIE) placements usually start in the first half of January.
Q. How is the PGDIE placement at IIM Mumbai (NITIE)?
Ans. In the 2023 placement drive, around 161 recruiters participated and made offers to the 129 PGDIE students. The average CTC recorded was INR 27.57 PA and the highest CTC was INR 78.20 LPA. Most of the offers were made in the consulting sector.