IIM Mumbai Placements 2025: 100% Placement with ₹47.5L Top Package, But Manufacturing Dominates Over Tech
Formfees
12/04/2025
(Former NITIE Sees 10% More Recruiters – Here’s Who Got the Best Offers & Why It Matters for CAT 2025 Aspirants)
The newly rebranded IIM Mumbai (formerly NITIE) has concluded its 2025 final placements, maintaining its 100% placement record but revealing surprising sectoral shifts. While the highest package touched ₹47.5 LPA, the real story lies in manufacturing firms hiring 19% of the batch – outperforming tech giants.
Key Insight: 68% of ₹40L+ packages went to candidates with prior workex in core industries.
Contents
Placement Report Card: 2025 vs 2024
(PGP 2023-25 Batch | 198 Companies Participated)
| Metric | 2024 | 2025 | Change |
|---|---|---|---|
| Highest Package | ₹45L | ₹47.5L | +5.5% |
| Average CTC | ₹28.3L | ₹29.8L | +5.3% |
| Median CTC | ₹26L | ₹27L | +3.8% |
| Manufacturing Offers | 15% | 19% | +26% |
| Tech Offers | 18% | 14% | -22% |
| First-Time Recruiters | 32 | 41 | +28% |
Source: IIM Mumbai Official Report
Sector-Wise Breakdown: Unexpected Trends
1. Manufacturing (19%)
- Top Recruiters: Tata Steel, Aditya Birla Group, JSW
- Avg CTC: ₹31.2L (15% higher than batch avg)
- Why? NITIE’s legacy industrial engineering focus
2. Consulting (17%)
- BCG, Bain, Deloitte hired 12% fewer vs 2024
- Avg package: ₹33.5L
3. IT/Product (14%)
- Amazon & Flipkart made 40% fewer offers
- Startups like Zepto, Spinny filled the gap
4. BFSI (16%)
- Goldman Sachs paid highest finance package (₹42L)
- Axis Bank, HDFC boosted hiring
Salary Tiers: Who Earns What?
| Percentile | Avg CTC | Typical Roles |
|---|---|---|
| Top 10% | ₹47.5L | Product Leadership, PE/VC |
| Top 20% | ₹41.2L | Consulting, IB |
| Top 50% | ₹34.1L | Supply Chain Mgmt, Analytics |
| Median | ₹27L | General Management |
Note: 92% of ₹35L+ offers required 2+ years work experience
Summer Internship 2024-26 Highlights
- Highest Stipend: ₹4.8L (Bain & Co)
- Avg Stipend: ₹2.27L (18% rise YoY)
- PPO Conversion Rate: 73% (Manufacturing led at 82%)
5 Key Takeaways for CAT 2025 Aspirants
- Core Industry Edge: Ex-TATA/Reliance engineers got 30% higher packages
- Location Bonus: Mumbai-based roles paid 12% more than pan-India avg
- Tech Caution: Amazon hires dropped to 8 from 15 last year
- Early Prep: 80% of Bain/BCG offers went to summer interns
- Gender Gap: Women’s avg ₹28.1L vs men’s ₹30.4L (-8%)
Alumni Reality Check
“My ₹27L package sounds decent until Mumbai rents eat 30% of it” – PGP 2024 Grad
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