IIM Mumbai MBA Admission 2024: IIM Mumbai (Indian Institute of Management Mumbai) opens application windows for the MBA batch 2024-26, Indian Institute of Management Mumbai (IIM Mumbai), is the 21st IIMs of IIM Family. IIM Mumbai formerly known as NITIE Mumbai and one of the leading Business Schools of the country for operations management. The tuition fees for the MBA, MBA Sustainability Management; MBA in Operations and Supply Chain Management is 21 Lakh. 55% weightage for CAT score. Last date to apply is 31/01/2024 05:00 PM.
Apply to any top 250 B Schools from one window. Shortlist, save. CLICK
Eligibility
For MBA: The candidate must hold a Bachelor’s Degree, with at least 50% marks or equivalent CGPA [45% in case of candidates belonging to the Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PwD) categories], awarded by any University or educational institution as incorporated by an Act of Parliament or State legislature in India or declared to be deemed as a University under Section 3 of the UGC Act, 1956, or possess an equivalent qualification recognised by the Ministry of Education, Government of India.
Students in the final year of above degree can also apply subject to the following conditions:
- Provided they qualify the above criteria for examinations appeared till date.
- Complete their examination, viva voce etc, by the time of joining the Institute.
MBA (OPERATIONS AND SUPPLY CHAIN MANAGEMENT): Full-time Engineering/Technology degree in any branch from a recognized university/institution with aggregate 50% marks (relaxed by 5% for SC/ST/PwD candidates). OR Full-time degree from a recognized university with aggregate 50% marks (relaxed by 5% for SC/ST/PwD candidates) in following disciplines
- M.Sc. (Mathematics)
- M.Sc. (Statistics)
- Dual Degree (Maths and Computing) Minimum 5 yrs.
- BS./B. Tech (Economics) Minimum 4 yrs.
Students in the final year of above degree can also apply subject to the following conditions:
- Provided they qualify the above criteria for examinations appeared till date.
- Complete their examination, viva voce etc, by the time of joining the Institute.
MBA (SUSTAINABILITY MANAGEMENT): The candidate must hold a Bachelor’s Degree, with at least 50% marks or equivalent CGPA [45% in case of candidates belonging to the Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PwD) categories], awarded by any University or educational institution as incorporated by an Act of Parliament or State legislature in India or declared to be deemed as a University under Section 3 of the UGC Act, 1956, or possess an equivalent qualification recognised by the Ministry of Education, Government of India.
Applicants should take the Common Admission Test (CAT) conducted by the Indian Institutes of Management (IIMs) in order to apply for the programs.
Application fee for General Candidates – ₹2000/- for SC/ST/PwD ₹1000/-
IIM Mumbai (Indian Institute of Management Mumbai) has set the fees for its two-year MBA programs at Rs 21 
lakh, making them cheaper than those at IIM-Ahmedabad, IIM-Calcutta, and IIM-Bangalore. The admissions will be based on the Common Admission Test scores, with 55% weightage. The aim behind the lower fee structure is to make the institute affordable to deserving students. The institute will also offer postgraduate courses in sustainability and operations and supply chain management. The board has plans to improve infrastructure and increase student intake in three phases.
IIM Mumbai board has set the fees for each of the three two-year MBA programmes it will offer beginning next year at Rs 21 lakh.
The courses are cheaper than the ones at IIM-Ahmedabad (Rs 30 lakh), IIM-Calcutta (Rs 31 lakh) and IIM-Bangalore (Rs 24.5 lakh).
Till last year, the fees for the full-time programmes at NITIE ranged from Rs 6.5 lakh to Rs 7.5 lakh. There may be no fee hike for at least another year or two, but the board will review the college corpus and take a final call on that. The institute has received some government funds to construct additional infrastructure on campus, but it will have to build its corpus and be financially independent from the next year, said the director.
B Schools SIP Report 2021-2023 Batch. IIM K, I, XLRI, FMS, IIM L Declares
The board, which met on Monday, also decided that admissions will be made through the Common Admission Test, with its scores getting 55% weightage. IIM-Mumbai’s director Manoj Tiwari said the aim behind the lower fee structure is to make the institute “affordable” to those with merit. “We looked at the other IIMs that were similarly ranked like us and we were clear that we did not want to hike our fees by three- or four-fold,” he said. TOI had earlier reported that the annual fee was likely to be hiked to around Rs 10.2 lakh a year; the board has approved Rs 10.5 lakh annually.
NITIE Placement 2023: National Institute of Industrial Engineering (NITIE) formerly National Institute for Training in Industrial Engineering released final placements for the Post Graduate Diploma in Industrial Management (PGDIM) batch 2021 – 23. Total of 161 recruiters participated in the placement process. This year’s highest salary offer is Rs. 78 Lakhs per annum and the average salary offered is Rs. 27.75 Lakhs per annum.
IIM Mumbai Placements Highlights:
- The average salary offered for females is Rs. 32.7 LPA
- Overall average salary offered is Rs. 27.75 LPA
- Highest salary offered is Rs. 78.2 LPA
- The Average salary of the top 50% is Rs. 34.04 LPA
Maharashtra is the first state of the country with 4 IIMs Campuses. IIM Nagpur, IIM Mumbai, IIM Nagpur Pune Campus and IIM Indore Mumbai Campus.
