IIM Mumbai Placements 2023 - Highest Package, Average Salary, Recruiter List

IIM Mumbai placement report 2023 is out. In 2023, a total of 161 companies participated in the final IIM Mumbai placements to select students with diverse backgrounds and skill sets. The participating companies come from diverse industries like e-commerce, consulting, manufacturing, logistics, luxury goods, hospitality, pharmaceuticals, IT, BFSI, Automobile etc. IIM Mumbai highest package 2023 stood at Rs 78.20 LPA, whereas the average was Rs 25.27 LPA.

IIM Mumbai has a background of five decades of excellent performance and has emerged as one of India’s Ivy league B-schools. It has been acknowledged as a ‘Centre of Excellence’ by the Ministry of Education (MoE). IIM Mumbai is now in line with institutes like IITs and IIMs and has been declared 'Institute of National Importance'.

The IIM Mumbai Placements 2023 saw a strong performance by the students, with the average package crossing Rs 25 lakh per annum. The interviews were conducted by the company's HR team and the hiring managers. 

IIM Mumbai Placements 2023 Report

IIM Mumbai placement season 2022 witnessed 100% placement in which 468 students got placed, across 107 companies. IIM Mumbai highest package 2022 stood at Rs 49 LPA, whereas the average package 2022 was Rs 25.4 LPA. The number of new recruiters who participated in 2022 were 23. Candidate may look below for IIM Mumbai  placement report 2022. 

IIM Mumbai Placement Statistics 2022

A total of 123 companies participated in the Indian Institute of Management Mumbai summer internship placements in 2022. The highest stipend offered was Rs 3.2 lakh (for 2 months) with the average stipend of the top 10% of the batch at 2.96 lakh (for 2 months) and the top 20% of the batch at Rs 2.87 lakh (for 2 months). The IIM Mumbai average package for the whole batch stood at Rs 1.5 lakh for 2 months with 38% of the batch of 2022 receiving offers of more than Rs 2 lakh (for 2 months).

IIM Mumbai Summer Internship Placements Companies List

The highest package offered to an IIM Mumbai student has steadily increased in recent years. In 2021, the highest package was Rs 44 lakh per annum, which increased to Rs 49 lakh per annum in 2022. In 2023, the highest package is Rs. 78.2 lakh per annum. Below is the IIM Mumbai highest salary placement report for the previous years.

IIM Mumbai Placement Trends: Highest Package Offered

The IIM Mumbai average package trend is also a reflection of the quality of education at IIM Mumbai. There is a rise and fluctuation in the IIM Mumbai average package 2023 compared to the IIM Mumbai average package 2022 and 20211. Below is the table representing data for the academic year 2023 and 2022:

IIM Mumbai Placement Trends: Average Package Offered

The students were shortlisted based on their academic performance and extracurricular activities. The IIM Mumbai placements succeeded, with all the students placed in good companies. IIM Mumbai has a strong industry connection across various sectors. IIM Mumbai placement 2023 witnessed a diverse participation of top companies offering excellent packages to graduating students.

IIM Mumbai Packages Offered: Company-Wise

Every year IIM conducts summer placement internship for two months. The IIM Mumbai Summer Internship Placements 2023 saw a total of 494 students placed across 128 companies. The IIM Mumbai summer placement highest stipend offered was Rs 3.5 lakh for a two-month internship, while the average stipend was Rs 1.85. The batch strength was 494. The IIM Mumbai placement report 2023 is shown below: 

IIM Mumbai SIP Report 2023