Indian Institute of Management Mumbai

What is the average package at Indian Institute of Management Mumbai?

Indian Institute of Management Mumbai delivered a median package of around Rs 34 LPA (2026), with a top-50% average of roughly Rs 34.5 LPA and a record-breaking highest domestic package of Rs 71.4 LPA (2026). Unlike many B-schools, IIM Mumbai (the former NITIE) reports placements through percentile-wise averages rather than a single batch-wide mean, so the median is the most reliable headline figure. In its NIRF placement filings, IIM Mumbai disclosed an overall batch average close to Rs 29.44 LPA (2024), when the highest package stood at Rs 54 LPA and 100% of the batch was placed. The 2026 season took the highest package from Rs 54 LPA to Rs 71.4 LPA, a jump of more than 32%, while keeping placement near-universal at 99.40%. For an aspirant, the practical takeaway is that a typical IIM Mumbai graduate lands well into the thirties of lakhs per annum, with the strongest profiles crossing Rs 47 LPA.

The figures below trace how those numbers have moved across 2024, 2025 and 2026, and which programs and sectors drive them. Every number names the year so you can judge the trajectory for yourself rather than relying on a single marketing headline.

Branch/Course-Wise Package Breakdown

IIM Mumbai runs three flagship two-year postgraduate programs: the MBA (general management), the MBA in Operations and Supply Chain Management (MBA-OSCM, the legacy NITIE strength), and the MBA in Sustainability Management (MBA-SM). The table below maps each program against the consolidated package metrics. An important caveat for readers: IIM Mumbai publishes its placement outcomes on a combined-batch basis across all three MBAs rather than releasing separate average, median and highest figures for each program, so the package columns reflect the consolidated 2026 numbers that apply across branches. Read it as confirmation that all three programs sit inside the same placement pool and recruiter pipeline.

The key insight is that no IIM Mumbai program is a placement weak link: OSCM graduates benefited directly from the logistics and operations hiring uptick in 2026, while the general MBA fed the consulting and BFSI roles that produced the top offers. Because the institute pools the batch, choosing MBA-OSCM or MBA-Sustainability over the general MBA does not mean settling for a lower package band - it shifts the function you are recruited into, not the salary ceiling.

Year-Wise Package Trend

This table answers the question every applicant cares about: are IIM Mumbai packages actually rising? It tracks the average, median and highest CTC across the 2024, 2025 and 2026 placement seasons. Because IIM Mumbai discloses percentile averages rather than one blended mean for recent years, the "Average" column uses the published overall batch average where available (2024) and the top-50% average as the closest comparable for 2025 and 2026; the median rows draw on NIRF-style disclosures.

The trajectory is clearly upward. The headline highest package was flat at Rs 54 LPA across 2024 and 2025 before surging to Rs 71.4 LPA in 2026, while the top-50% average crept up from Rs 33.84 LPA (2024) to Rs 34.5 LPA (2026). Placement breadth stayed exceptional throughout: 100.00% placed in both 2024 and 2025, and 99.40% in 2026 (the small gap reflects students who opted out for entrepreneurship, not unplaced candidates). For an applicant, the signal is a stable, high salary floor with a rapidly rising ceiling.

Notable Offers & Package Distribution

The standout story of IIM Mumbai 2026 is concentration at the top combined with depth across the batch. The highest domestic offer reached Rs 71.4 LPA (2026), and the institute secured 502 offers for a batch of 505 from 200-plus recruiters, including 50-plus first-time companies. The percentile distribution makes the spread concrete: the top 10% averaged Rs 47.5 LPA (2026), the top 20% averaged Rs 41.4 LPA (2026), and the top 50% averaged Rs 34.5 LPA (2026). The table below lays out that distribution so you can see exactly where you would need to rank to hit each band.

On the recruiter side, consulting was the single largest hiring domain with 123 offers in 2026, BFSI hiring rose 33% year-on-year, and FMCG climbed 24%, with logistics gaining on the back of the MBA-OSCM program. Premium recruiters such as Microsoft, Goldman Sachs, J.P. Morgan, Accenture Strategy, Amazon, Hindustan Unilever, ITC, P&G, Reliance Industries and Tata Administrative Services anchored the top of the distribution, while a broad base of mass recruiters across consulting, BFSI, FMCG, operations and product roles kept the median near Rs 34 LPA. The practical reading: IIM Mumbai is not a one-spike campus - both the top decile and the median half of the batch command strong packages.