SIP (Summer Internship Placements) of Indian Institute of Management, (IIM) Mumbai, erstwhile known as NITIE, for the batch 2023-2025 has been released. The highest Stipend offered is Rs. 4.8 Lakhs and the average Stipend offered is Rs. 2.27 Lakhs while the Median Stipend offered is Rs. 2 lakhs. Highest 25% students placed in Manufacturing followed by 23% in FMCG; 10% each in E-Commerce & others; 9% each in Consulting and BFSI Sector and so on. For the 480 students total 165 companies participated for Summer Internship Placements to the batch 2023- 2025.
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The Indian Institute of Management Mumbai previously recognized as the National Institute of Industrial Engineering, Mumbai, is a graduate business school under the Ministry of Education, Government of India located in Powai near Vihar Lake in Mumbai and is ranked 7th among B-Schools of India as per NIRF 2023 rankings. NITIE Mumbai has always been one of the top management institutes of the country with consistent performance over the past years. Check SIP and Placements Reports of NITIE Mumbai below.
IIM Mumbai Summer Placement 2025 batch:
- Overall average Stipend offered is Rs. 2.27 lakhs
- Highest stipend offered is Rs. 4.8 Lakhs
- Average stipend of Top 10% of the Batch is Rs. 4.43 Lakhs
- Average stipend of Top 20% of the Batch is Rs. 4.1 Lakhs
- Average stipend of Female Candidates is Rs. 3.17 Lakhs
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Sector wise recruiters are
- Manufacturing sector top recruiters are Apollo Tyres, Avery Dennison, Asian Paints, Bajaj Auto, Birla Paints, Bridgestone, Castrol, Cummins, DCM Shriram, Everest Industries, GE Vernova, GeStamp, Hero Motocorp, Hilti, Philips, Petronas, Pidilite Industries, Reliance Industries Limited, Samsung, SKF India, TataMotors, Trident Group, UPL, VGuard, Vedanta and others.
- Banking, Financial Services & Insurance (BFSI) sector top recruiters Antique Stock Broking, Arga Investment, Axis Bank, D.E Shaw, Edelweiss Tokio Life Insurance, Goldman Sachs, HDFC Bank, ICICI Bank, IDFC First Bank, Kotak Mahindra Bank, National Payments Corporation of India Ltd., National Stock Exchange Ltd., Reliance Nippon Life Insurance and others.
- Consulting sector top recruiters are Accenture Strategy & Consulting, Avasant, Deloitte, EY, Kearney, KPMG, McKinsey & C AB InBev, Amway, Bajaj Consumer Care, Bira91, Britannia, Coca-Cola, Colgate Palmolive, Dabur, Diageo, Emami Agrotech, Ferrero, General Mills, Glanbia Performance Nutrition, Hindustan Coca-Cola Beverages, Himalaya Wellness, Hygienic Research Institute India, Hindustan Unilever Limited o, Miebach Consulting, PwC and others.
- FMCG sector top Cummins are AB InBev, Amway, Bajaj Consumer Care, Bira91, Britannia, Coca-Cola, Colgate Palmolive, Dabur, Diageo, Emami Agrotech, Ferrero, General Mills, Glanbia Performance Nutrition, Hindustan Coca-Cola Beverages, Himalaya Wellness, Hygienic Research Institute India, Hindustan Unilever Limited and others.
- IT/Technology sector top recruiters are Airtel, AreteMinds, ePayLater, GyanSys, Indkal Technologies, Media.Net, Microsoft and others.
- Pharma sector top recruiters are Abbott, BD, Cipla, Dr. Reddy’s Laboratories, GE Healthcare, Glenmark Pharmaceuticals, GSK, Haleon, MSD Pharma and others.
READ: SIP report 2023 |NITIE Placements Report 2022 | NITIE Placements Report 2023
