IIM Mumbai Completes Final Placements for 2024-2026 Batch with Strong Outcomes

IIM Mumbai concluded its placement process fo4 2024-26 batch with the highest domestic salary reaching INR 71.4 LPA. Find complete highlights of the placement drive here.

The Indian Institute of Management Mumbai (IIM Mumbai) has successfully concluded its final placement process for the 2024-2026 batch. This cohort, comprising students from the MBA, MBA in Operations and Supply Chain Management, and MBA in Sustainability Management programmes, witnessed strong recruitment activity amid a competitive job market. The placement exercise, which spanned a month, involved over 200 recruiters from various sectors and geographies. It highlighted the institute’s strengthening ties with industry leaders, particularly in Mumbai’s financial hub.

Key Statistics and Compensation Details

The graduating group included 505 students, with 502 offers extended across the programmes. Notably, three candidates chose to forgo the process to launch their own ventures, reflecting a growing interest in entrepreneurship among graduates.

Compensation packages demonstrated solid performance across tiers. The highest domestic salary reached Rs 71.4 lakh per annum. Further breakdowns include:

Percentile	Average Salary (INR)
Top 10 percentile	47.5 LPA
Top 20 percentile	41.4 LPA
Top 50 percentile	34.5 LPA

Sector-Wise Recruitment Trends

Placements spanned multiple domains, with consulting emerging as the leading area. A total of 123 offers came from this sector, marking it as the most prominent recruiter category. Other notable trends include:

– Banking, Financial Services, and Insurance (BFSI): Saw a 33 percent year-on-year rise in hires, indicating heightened demand for skills in finance and related fields.

– Fast-Moving Consumer Goods (FMCG): Experienced a 24 percent increase in recruitment.

– Logistics: Recorded substantial growth, aligning with the institute’s expertise in supply chain management through its specialised MBA programme.

– Additional Sectors: These included general management, information technology, manufacturing, operations, pharmaceuticals, healthcare, product management, and sales and marketing.

Prominent Recruiters and New Participants

The recruitment drive attracted a mix of established and emerging companies. Legacy partners continued their engagement, while numerous first-time recruiters joined the process. Below is a list of key recruiters:

Accenture Strategy & Consulting
Amazon
Asian Paints
Colgate-Palmolive
Diageo
Flipkart
Godrej Group
Hindustan Unilever
ITC
L’Oréal
Microsoft
Nestlé
Procter & Gamble
PwC US Advisory
Reliance Industries
Tata Administrative Services
Accenture Strategy & Consulting

Prominent organisations making offers were AB InBev, Bajaj Auto, Citi, Eternal, Glenmark Pharmaceuticals, Goldman Sachs, J.P. Morgan Chase, Kearney, Mondelēz International, PepsiCo, Pernod Ricard, Pidilite Industries, and Swiggy.

First-time participants encompassed Aequitas Investments, African Industries, Arvind Fashions Limited, AWL, Bayer, BDK Valve, Birla Pivot, Bristlecone, Dalmia Bharat, Dezerv, Dr Lal PathLabs, ET Money, eTrade Marketing, Fibe India, FinRight Technologies, Grupo Bimbo, HCLSoftware, IndiaFirst Life Insurance, IndiaMART InterMESH, Indian Clearing Corporation Limited, Intueri Consulting, Isa Logistics, LivSYT, Lyric, Media.net, Mindsprint, Nexsales, Nomura, Nouryon, ORO Labs, Oxane Partners, Partnr, PolicyBazaar, Power Finance Corporation Limited, Procol, Ramkrishna Forgings Limited, Roc360, Shaadi.com, Sirius AI, Straive, Truemeds, Virtusa, and Wings Pharmaceuticals.

Written by Aayush Kukreja

Aayush is a writer and content strategist who turns personal stories into brand narratives. With an experience spanning diverse industries, rely on his writing for simplifying complex subjects & get in-depth insights - always with sharp wit.

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