Located in the suburban neighborhoods of Powai in Mumbai, NITIE Mumbai was founded by the Government of India and has grown consistently over the years. It was ranked 9th in the NIRF 2022 rankings and 7th in IIRF 2023 rankings in the Management Category. The institute offers various postgraduate and executive-level programs and is mainly prominent in the areas of Supply Chain and Operations Management. After the approval of the Indian Institutes of Management (Amendment) Bill 2023 by both houses of parliament and the president’s signature on the bill, it is official that NITIE Mumbai is now IIM Mumbai. In this blog, you will find everything you needed to know about IIM Mumbai.
Campus Life at IIM Mumbai
You can compare the IIM Mumbai campus to a mini peninsula. Surrounding a pond on three sides, the inhabitants of the campus often refer to it as ‘God’s Own Campus’. Though located in one of the busiest cities in India, the 67-acre campus is safely tucked away from the hustle and bustle of the city; a haven of lush greenery. This is the institute from which some of the best leaders in the industry are molded every year; especially in the fields of Supply Chain and Operations Management.
Life at IIM Mumbai can be generally classified into three phases. The first year, the summer internships, and the second year phases. The first few months will be spent trying to find and establish your place amongst the large crowd. Right when you get the hang of it, and finally begin to enjoy the experience to the fullest, that is when the summer internships come up. It’s back to square one again in a novel and maybe a more demanding environment. When you’re back on campus for your second year, it will be like you’re back at your own home again. You’re familiar with everything and the challenges of your first year, don’t seem to be much of a challenge anymore. Except for the final placement process that is. If you don’t fall under the tiny majority who were fortunate enough to be offered a PPO, then during the last few months, the nagging feelings of anxiety and disappointments will probably keep lurking in the back of your subconscious mind.
What stands out in your memories though, will be what you did external to the required curricular activities. At IIM Mumbai, the Pond is where you’ll always find someone roaming around. Being surrounded by nature, you will be transported to a perceptual world, far away from the rigorous one that you were in maybe a few minutes or hours ago. The in-house canteen will be the place where you would gather for random discussions of anything and everything.
The committee experience will be another big part of your life. During the first year, you will constantly try to prove that you deserve to be a member of the team. Once you get through to the next year though you will have a better time. Even if you were not a member of any committee, you can still benefit from the various events and activities organized by the different committees on campus. The celebrations held at NITIE (IIM Mumbai) during Holi or other festivals are on a whole other level. You will completely let yourself go during those few hours.
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To keep fit, you either make use of the sports grounds and courts or the gym. Though, you really don’t need it considering the number of steps you climb every day when you’re rushing to get to class on time. This might be unexpected, but there are occasions when classes can be quite invigorating. You come out of these sessions feeling like coming to NITIE (IIM Mumbai) was 100% worth it. Placements can be stimulating too, though these stimulations tend to move from one end of the spectrum to the next. You will worry one moment and be relieved the next. Disappointments will follow, along with hope and finally success.
To sum up, life at IIM Mumbai is an experience. You need to live it to get it, and once you do, you will never forget how you lived through it.
Programs Offered at IIM Mumbai
The following programs are offered at IIM Mumbai.
NITIE Mumbai Cutoffs
Key Placement Highlights at NITIE Mumbai (Now IIM Mumbai)
Final Placements
PGDIM
121 companies participated in the final placement drive of NITIE Mumbai’s 25th PGDIM batch The prominent sector-by-sector distribution of the roles offered was as follows:
Manufacturing (17%): The prominent recruiters were Aditya Birla, Whirlpool, Maruti Suzuki, Castrol, Reliance, AkzoNobel, Asian Paints, Tata Steel, Berger Paints, Godrej, Tata Motors, and Texas Instruments among others.
Consulting (17%): The prominent recruiters were Deloitte, McKinsey & Company, Bain & Company, Accenture, EY, Cognizant, PwC, Cartesian, Citius Tech, KPMG, and Capgemini among others.
Retail & E-Commerce (17%): The prominent recruiters were Amazon, Snapdeal, Myntra, Flipkart, Indiamart, Blue Stone, Swiggy, Ola, Sterlite, and Cloudtail among others.
IT/Analytics (14%): The prominent recruiters were Microsoft, IBM, Cognizant, Infosys, Capita, Hindustan Unilever Limited, Birlasoft, Marico, TCS, and Wipro among others.
BFSI (12%): The prominent recruiters were JPMorgan & Chase, ICCI Bank, Axis Bank, Yes Bank, Edelweiss, Fidelity, Kotak Mahindra Bank, Thomson Reuters, Bajaj Finserv and Aditya Birla Capital.
FMCG (12%): The prominent recruiters were PepsiCo, Coco-Cola, P&G, Mondelez International, Heinz, Nestle, Nivea, Godrej, Kellogs, Hindustan Unilever Limited, Johnson and Johnson, Marico, and ITC among others.
Pharma & Healthcare (4%): The prominent recruiters were OmniActive Health Technologies, Abbott, Piramal, United Health Group, Dr. Reddy’s, Glenmark, and Medtronic among others.
The table given below attempts to track the placement performance over recent years.
PGDIE
The final placement process of the PGDIE program at NITIE is conducted in two phases. The first phase is the Lateral Recruitment Process intended for students with a threshold duration of work experience. These candidates are offered higher than entry-level placements. The next phase is the Common Recruitment Process during which a slot process is followed. The placement highlights for the Batch 2022 are as follows.
Median CTC: INR 22 LPA
Average CTC: INR 25.4 LPA
Highest CTC: INR 49 LPA
The prominent recruiters were Amazon, Accenture, Axis Bank, Airtel, Aditya Birla, Capgemini, Cognizant, Deloitte, Bosch, Coco-Cola, Bain & Company, and EY among numerous others.
PGDSM
The final placement process for the 19th PGDSM batch was highly successful with roles being offered across Operations, General Management, Consulting, and EHS. The majority of offers were in the Manufacturing domain, with IT/Analytics, Pharma and Healthcare, Consulting, Retail & E-Commerce, and BSFI (in that order).
Highest CTC: INR 44 LPA
Median CTC: INR 15 LPA
Average CTC: INR 16.83 LPA
The prominent recruiters were Deloitte, Edelweiss, Whirlpool, IBM, PepsiCo, Google, Amazon, United Health Group, Tata Group, Infosys, P&G, Hindustan Unilever Limited, and EY among many others.
Summer Placements:
The 2023 summer placement process was highly successful, witnessing a total of 125 companies participating. Out of the total batch strength of 494, 483 students were able to bag offers with stipends of more than 1 Lakh. The SIP highlights have been mentioned below:
Highest Stipend: INR 3.5 Lakhs
Median Stipend: INR 2 Lakhs
Average Stipend: INR 1.85 Lakhs
Prominent recruiters on campus were Kearney, ICICI, PepsiCo, P&G, Whirlpool, Airtel, Asian Paints, Glenmark, L’Oreal, Ola, and Walmart among others
Top Alumni:
Akhilesh Tuteja
Current Position: Global Leader – Cyber Security and Partner at KPMG
Year of Graduation: He was a member of the 1998 batch of NITIE Mumbai.
Salary: $200,000 (Approx.)
Accomplishments: He is also an Executive Council Member at NASSCOM and a Member of the WWE Centre for Cybersecurity in the World Economic Forum.
Dev Bhattacharya
Current Position: Group Executive President, BH Solar and E-Comm, Aditya Birla Group
Year of Graduation: He was a member of the 9th batch of PGDIE and graduated in the year 1981.
Salary: 4238,520 (Approx.)
Accomplishments: He joined the Aditya Birla Group in 1996 as the Vice President of Corporate Strategy and Business Development
Sanat Chattopadhyay
Current Position: Executive Vice President and President at Merck & Co. Inc’s, Manufacturing Division
Year of Graduation: A member of the PGDIE program at NITIE Mumbai, he graduated in the year 1983.
Salary: $ 5,418,590
Accomplishments: Former CEO of a wholly owned subsidiary of Hoechst Pharmaceuticals
A.S. Viswanathan
Current Position: Chairman at Team ASV Consultants
Year of Graduation: He graduated from NITIE Mumbai in 1978.
Salary: More than 1 crore rupees
Accomplishments: He was the founder of Team ASV Consultants and the former Board Member, Executive Vice President, and CIO at Siemens Information Systems Ltd.
Amitava Mondal
Current Position:
Year of Graduation: He was a member of the 1981 batch of NITIE Mumbai.
Accomplishments: He is also the President and Director at Envision Infraquip Advisor Ltd. His former experiences include CEO of Vinay Cements Limited, Sr. Vice President at Dunlop India Ltd., and CEO & MD of Stone India Limited among many others.
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Frequently Asked Questions
Is the MBA program of NITIE Mumbai a residential program?
Yes. NITIE Mumbai's PGDIE, PGDIM, PGDSM and PGPEx - VLFM programs are residential programs.
Does NITIE Mumbai provide financial assistance such as scholarships?
Though NITIE Mumbai does not offer scholarships, there are several government scholarships available to students of specific categories.
Does NITIE Mumbai have sectional cutoffs?
Yes. NITIE Mumbai does have sectional cutoffs.
Is an engineering background compulsory while applying to the programs at NITIE Mumbai?
Yes. A degree in engineering/technology is compulsorily required to be admitted to the PGDIM, PGDIE, PGDSM and PGPEx - VLFM programs of NITIE Mumbai.