National Institute Of Industrial Engineering, Mumbai (IIM Mumbai(NITIE): Indian Institute Of Management, Mumbai )

College Name:	National Institute of Industrial Engineering, Mumbai (IIM Mumbai(NITIE): Indian Institute of Management, Mumbai )
City:	Mumbai
Fees:	20.48 Lakhs
Courses Offered:
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Established in 1963, the Indian Institute of Management, Mumbai (formerly known as NITIE Mumbai) is a distinguished management institute located in Mumbai, Maharashtra. Here are the key highlights for 2024:

Establishment Year: Founded in 1963, IIM Mumbai has a rich history of academic excellence and industry leadership.
Ownership Type: Governed by the government, IIM Mumbai operates as a prestigious public institution.
Location: Situated in Mumbai, Maharashtra, the institute benefits from its strategic location in the financial capital of India.
Campus Area: Spanning across 67 acres, the campus provides a conducive environment for learning, research, and holistic development.
Ranking (2023): IIM Mumbai has been consistently recognized for its academic prowess, securing the 7th position under the Management category by the NIRF in 2023.
Courses Offered: Offering a diverse range of eight degree and certificate courses in Business and Management, IIM Mumbai caters to the diverse academic interests of its students.
Entrance Exams Accepted: Aspiring students can seek admission to IIM Mumbai through various entrance exams, including CAT, GATE, GMAT, and GRE, ensuring a fair and competitive selection process.
Flagship Course: The Post Graduate Diploma in Management (PGDM) stands as the flagship program of IIM Mumbai, providing students with comprehensive training and skills necessary for success in the corporate world.
Management Development Programs (MDPs) and UBPs: Alongside its academic programs, IIM Mumbai offers week-long Management Development Programs (MDPs) and unit-based programs (UBPs) focusing on different areas of Industrial Engineering & Management, catering to the professional development needs of executives and industry professionals.
Scholarships: Recognizing academic excellence, IIM Mumbai offers scholarships to meritorious students, promoting inclusivity and accessibility to quality education.
Placements 2023-24: The institute achieved remarkable placement outcomes in 2023-24, with the highest package reaching INR 51 LPA and an average package of INR 31 LPA, reflecting the institute's strong industry ties and commitment to student success.

With its stellar reputation, comprehensive academic offerings, and commitment to excellence, IIM Mumbai continues to uphold its position as a leading institution in the field of management education.

COURSE

DURATION

ELIGIBILITY

FEES (INR)

MBA

2 Years

GRADUATION + CAT

20,48,000/-

(Total Fees)

PGDEx–VLFM (PG Diploma)

1 Year

B.E/B.Tech + 4 Years work Exp.

12,50,000/-

(Total Fees)

Executive Certificate in Advanced Project Management

7 Months

Graduation

1,40,000/-

(Total Fees)

ADMISSION PROCESS:

CAT Exam: To be eligible for admission to the PGDIM program at NITIE, candidates are required to appear for the Common Admission Test (CAT). The CAT exam is typically conducted in November/December each year.

CAT Score Cut-off: The institute sets a minimum CAT percentile cut-off for shortlisting candidates for the next rounds of the admission process. As you mentioned, the cut-off was 97 percentiles. Please note that cut-off percentiles can vary from year to year, so it's essential to check the latest information on the official NITIE website or the CAT website.

Shortlisting for GD and PI: After the CAT results are declared, NITIE shortlists candidates based on their CAT scores for the next stage of the selection process, which includes Group Discussions (GD) and Personal Interviews (PI).

Academic Records: Academic performance in your undergraduate degree is also considered during the selection process. High academic achievements can boost your chances of selection.

Work Experience: Relevant work experience is a significant factor in the selection process at NITIE. Candidates with work experience are often given preference, and the quality and duration of work experience can influence the selection.

GD and PI: The GD and PI rounds are crucial in the final selection process. These rounds assess the candidate's communication skills, general awareness, knowledge, and overall personality.

Final Merit List: The final merit list for admission is prepared by considering various factors, including CAT scores, academic records, work experience, and performance in GD and PI rounds. Each of these components typically carries a certain weightage in the final selection process.

NITIE Mumbai, commonly known as IIM Mumbai, has consistently ranked among the top management institutions in India. Below is an overview of its latest achievements:

National Rankings:

NIRF 2024: 6th position in the Management category
IIRF 2024: 8th position in the Management category
NIRF 2023: 7th position in the Management category
IIRF 2023: 7th position in the Management category

The Impact Rankings (India) 2022:

In the Impact Rankings specific to India in 2022, NITIE Mumbai achieved the 2nd position.

UN Sustainable Goal No. 4 Quality Education: NITIE Mumbai secured the 73rd position with a score of 74.6 in the UN Sustainable Goal No. 4 Quality Education in the World.

IIM Mumbai (NITIE) Highlights

Established Year: Founded in 1963, the Indian Institute of Management Mumbai, formerly known as NITIE Mumbai, boasts a legacy of excellence spanning several decades.
Campus Size: Sprawling across 67 acres, the institute offers a spacious and conducive environment for academic learning and extracurricular activities.
Students Intake: With an intake of 304 students, IIM Mumbai (NITIE) maintains an optimal student-faculty ratio, ensuring personalized attention and guidance.
MBA Fees: The MBA program at IIM Mumbai (NITIE) is offered at a fee of INR 20.4 Lakhs, providing value-driven education at an affordable cost.
NIRF Ranking 2023: Recognized for its academic excellence, IIM Mumbai (NITIE) secured the 7th position in the NIRF Rankings for the year 2023.
Number of Courses: Offering a diverse portfolio of 17 courses, the institute caters to the varied academic interests and career aspirations of its students.
Total Faculty: With a dedicated faculty comprising 52 members, IIM Mumbai (NITIE) ensures high-quality teaching, research, and mentorship to its students.
Scholarship: The institute offers scholarships ranging from 30% to 50% of the tuition fee for financially weak students, fostering inclusivity and accessibility to education. Additionally, ST/SC candidates with an annual income below INR 4.5 lakhs are exempted from paying tuition fees.
Highest Package 2023: In the year 2023, the institute achieved a milestone with the highest package offered reaching an impressive INR 78.20 LPA, reflecting the caliber of its students and the strength of its placement opportunities.
Top Recruiters: Renowned companies such as Asian Paints, ICICI Bank, IDFC Bank, and Bajaj Auto are among the top recruiters at IIM Mumbai (NITIE), offering coveted job opportunities to its graduates.

With its rich history, state-of-the-art infrastructure, esteemed faculty, and stellar placement record, IIM Mumbai (NITIE) continues to uphold its reputation as a premier institution for management education in India.

IIM Mumbai (NITIE) Placements 2023 Report

The placement statistics for the year 2023 reflect the continued success and growing reputation of IIM Mumbai (NITIE) as a premier destination for management education and talent acquisition by leading corporations.

Number of Recruiters: The institute witnessed a significant increase in the number of recruiters, with 161 companies participating in the placement process, compared to 107 in the previous year (2020-22).
First-Time Recruiters: Notably, 46 new companies joined the recruitment drive, showcasing the expanding reach and appeal of the institute among top employers.
Number of Students Placed: Despite a slight decrease in the number of students placed compared to the previous year, 129 students secured lucrative job offers, highlighting the robust demand for talent from IIM Mumbai (NITIE).
Number of PPOs: While there were no Pre-Placement Offers (PPOs) reported for the year 2023, the institute witnessed 157 PPOs in the preceding year, underlining the strong relationship between students and recruiters.
Highest CTC: The highest package offered to a student surged to an impressive INR 78.20 LPA, demonstrating the institute's ability to attract top-tier companies offering lucrative compensation packages.
Average CTC: The average salary saw a notable increase, reaching INR 27.57 LPA, compared to INR 25.4 LPA in the previous year, reflecting the overall positive trend in placements.
Median CTC: Although specific data for the median package was not provided, it is indicative of the competitive offers received by the majority of students.
Average Package of the Top 25% and 50% of the Batch: The top performers of the batch commanded significantly higher average packages, with the top 25% and 50% of the batch securing average salaries of INR 39 LPA and INR 34.04 LPA, respectively.
Placement Sectors: Key sectors that dominated the placement process included Consulting, FMCG, Retail & E-Commerce, reflecting the diverse career opportunities available to students across various industries.
Top Companies: Leading corporations such as Apple, Accenture Strategy, Zepto, and Wipro were among the top recruiters, offering coveted roles to the talented pool of students. Other prominent recruiters included Asian Paints, Britannia, Colgate-Palmolive, Dabur, and Godrej Consumer Products Limited.

Overall, the robust placements at IIM Mumbai (NITIE) in 2023 reaffirm the institute's position as a preferred destination for both students and recruiters, driven by its academic excellence, industry-oriented curriculum, and talented pool of graduates.