Indian Institute of Management (Mumbai) has closed its placement process for the 2024-206 batch. This season, the highest domestic offer came to about ₹71.4 lakhs per annum, with others receiving similarly high packages.
The top 10 percentile of students of the 2024-2026 batch have secured an average package of ₹47.5 lakhs per annum, while the top 20 percentile averaging at ₹41.4 lakhs per annum. The strong numbers carry over to the top 50 percentile of students, who received an average package of ₹34,5 lakhs per annum.
For the 2024-2026 batch placements, there have been a total of 502 offers for students of MBA, MBA-operations & supply chain management, and MBA-sustainability management programmes. Meanwhile, out of the total 505 students of this batch, three opted for the off-campus process to focus on entrepreneurship.
This placement season saw over 200 recruiters spread across a variety of industries and geographies. The industries that hired include banking, financial services & insurance (BFSI), consulting, FMCG, general management, information technology (IT), manufacturing, operations, logistics, pharmaceuticals & healthcare, product management, and sales & marketing.
Out of the mentioned industries, consulting dominated in hiring with 123 offers for the 2024-2026 batch. BFSI’s recruitement 33% year-on-year, making it the sharpest increase among all. FMCG hiring increased by 24% year-on-year, with the logistics sector showcasing similar growth.
IIM Mumbai Director Manoj Kumar Tiwari has stated that the placement trends of this season are a reflection of shifting industry expectations, particularly in finance and technology-led roles. Tiwari highlighted that the rise of hiring in banking, financial services and insurance BFSI is in line with IIM Mumbai’s academic focus on analytics and finance, as well as its geographic advantage.
“We are witnessing a decisive shift in how industry values management talent, particularly in BFSI and AI-driven roles. The 33 per cent surge in BFSI hiring is a validation of our location advantage and our academic focus on finance and analytics. Our graduates are entering organisations not merely as managers, but as architects of transformation in an era defined by artificial intelligence and digital disruption,” said Tiwari.
