IIM Mumbai (NITIE)

IIM Mumbai: Are you aspiring for an MBA from one of India's top B-schools? Have you set your sights on the business centre of India? If so, IIM Mumbai (previously NITIE) might be the ideal place for you to study. For good reason, this esteemed B-school is usually ranked in the top 10 in India. Let's examine more closely to discover if IIM Mumbai offers what you need!

 IIM Mumbai Overview

IIM Mumbai was founded in 1961 and has a long history. Its recent switch to the IIM system, after being known as the National Institute of Industrial Engineering (NITIE) at first, has strengthened its standing as a pioneer in management education. Located in the heart of Powai, near Vihar Lake's lush surroundings, the campus provides an energetic and engaging setting for networking and education.

It was established under the Ministry of Education, Government of India and is ranked 7th in NIRF rankings 2023 .

Institute Name	Indian Institute of Management Mumbai
Also Known as	IIM-M
Previously known as	National Institute of Industrial Engineering (NITIE)
Motto	ज्ञानम् जयति सर्वत्र
Meaning	Knowledge Triumphs at All Places
Established	1963
Campus Size	67 acres
Type of Institute	Institute of National Importance
Number of Students	1200
Location	Indian Institute of Management, Mumbai Vihar Lake, Powai, Mumbai, Maharashtra-400087
Official Website	iimmumbai.ac.in
Phone	(022) 2857 3371/2803 5251
Current Status	IIM system

IIM Mumbai Campus Attractions

• Lush green landscapes inspite of being nestled amidst the bustling city of Mumbai
• Three hostel blocks, including one of the tallest hostel buildings and an MDP building for the executives
• Multimedia enabled classrooms
• Sports and recreational facilities
• Full-fledged library with access to online databases and journals

Location Advantage

The proximity of corporate hubs facilitates valuable industry exposure through internships and networking, while the city's diverse and international character enhances global perspectives. Mumbai's well-connected transportation infrastructure ensures accessibility, and its vibrant cultural and recreational scene fosters social responsibility. Easy access to top industry talent and a thriving entrepreneurial ecosystem make Mumbai an ideal place for learning and personal growth.

IIM Mumbai Courses Offered

What programs does IIM Mumbai offer? Let's take a look!

IIM Mumbai Exams Accepting

Now, let us check out the exams accepted by IIM Mumbai. The GRE, GMAT, and Common Admission Test (CAT) are accepted for admission to the MBA programmes at the Indian Institute of Management Mumbai (IIM Mumbai). The minimal points needed for any test are:

• CAT: 85 percentile for applicants in the general category
• GMAT: 700 total, with an Integrated Reasoning score of at least five (IR)
• GRE: a minimum score of 310

It is required that the GMAT/GRE in its present form was taken after December 31, 2018.
The candidate's performance on the CAT exam, prior academic accomplishments, projects, job experience, research publications, reservation category, gender diversity, and in-person interview all contribute into creating the final merit list.

Also Read, IIM Mumbai Placements

IIM Mumbai MBA Fees

For the 2024–2025 academic year, the two-year MBA programme at the Indian Institute of Management (IIM) Mumbai would cost Rs 21 lakh. This cost covers various costs as such as tuition, housing, and alumni and other fees. Compared to other IIMs, such as IIM Ahmedabad (Rs 25 lakh), IIM Calcutta (Rs 31 lakh), and IIM Bangalore (Rs 24.5 lakh), the fee at IIM Mumbai is cheaper. The fee for the evening and weekend executive PGDM is INR 28 lakhs.

IIM Mumbai Notable Alumni

Take a look at the alumni of IIM Mumbai who have mapped success for the aspirants like you!

Also Read, IIM Mumbai Admission

How to reach IIM Mumbai?

Nearest Major Railway Stations

• Chhatrapati Shivaji Maharaj Terminus (CST): IIM Mumbai  is easily accessible from IIM Mumbai, and you can reach the campus by road in approximately 40 minutes.
• Lokmanya Tilak Terminus (LTT): The campus is approximately a 20 minute drive from LTT
• Andheri Railway Station: From Andheri, you can reach IIM Mumbai by road in about 25 minutes.

Nearest Airport

• Chhatrapati Shivaji International Airport (BOM): IIM Mumbai is located approximately 5.5 km from the airport, and you can reach the campus in around 20 minutes by road.

Notable Places

• Powai Lake: IIM Mumbai is located near Powai Lake, a picturesque spot that offers a serene environment, perfect for leisure walks or relaxation.
• Hiranandani Gardens: This well-planned township in Powai is known for its vibrant atmosphere, shopping areas, restaurants, and recreational zones. It's just a stone's throw away from IIM Mumbai.

IIM Mumbai FAQs

Q. Does Mumbai have an IIM?

A. Yes, Mumbai has IIMs at 3 locations. The recently converted IIM Mumbai at Powai Lake, IIM Indore's branch at Hiranandani Powai, and IIM Indore's other branch at Navi Mumbai.

Q. Is there going to be IIM Mumbai?

A. IIM Mumbai, the 2nd IIM in Maharashtra after the one in Nagpur and the 21st IIM in India, will provide postgraduate courses including the MBA in operations and supply chain management and sustainability and the regular MBA curriculum. Admissions to IIM Mumbai will open for the 2024 academic year.

Q. What is the fees of IIM Mumbai?

A. The fee at IIM Mumbai for its two-year full-time MBA program is INR 21 lakhs.

Q. What is the entrance exam for IIM Mumbai?

A. The admission for MBA, MBA (SM) and MBA(OSCM) is based on the CAT scores.

Q. What is the rank of IIM Mumbai in the world?

A. IIM Mumbai is ranked 73rd globally in Quality Education in THE impact ranking 2022.