Mumbai: The Indian Institute of Management (IIM) Mumbai has successfully concluded the first phase of its placement season for the 2025 batch, marking a significant milestone since achieving IIM status. Microsoft emerged as the top recruiter, offering the highest annual package of ₹54 lakh, underscoring the institute’s growing stature in management education.
The placement drive witnessed 373 job offers from 78 participating companies, including 20 new recruiters. Accenture stood out as the largest recruiter, extending 41 offers, almost double the number from the previous year. The company provided consultancy roles with salaries of up to ₹37 lakh per annum. Other notable recruiters included Blinkit, PwC US Advisory, and Wipro, which made 14, 11, and 9 offers respectively.
Professor Manoj Kumar Tiwari, Director of IIM Mumbai, noted that the first phase focused on students with prior work experience, while the second phase for freshers is scheduled for January. He highlighted the addition of 20 new companies this year, which has led to a significant rise in the average annual packages offered.
This year’s placements featured a strong presence of fintech and marketing firms alongside traditional sectors such as operations and consulting. A placement officer observed that operations and supply chain management continued to play a significant role, with several companies offering numerous roles in these fields.
“The technology driven approach of IIM Mumbai is helping the students secure good packages and they are getting better prospects from different sectors such as finance as well,” Tiwari told the Free Press Journal. “Earlier lesser companies from the finance sector used to come for placements, but after being rebranded as IIM (earlier the institute was known as NITIE- National Institute of Industrial Engineering), we are seeing an increase in their presence,” he added.
At least 10 students also got placements with international roles, informed Neeraj Pandey, the chairperson of placement and branding at IIM Mumbai.
In addition to the placements for the 2025 batch, summer internships for the 2026 cohort also recorded impressive numbers. A total of 128 companies provided internships to 425 students, with an average stipend of ₹3 lakh for two months. Accenture Strategy & Consulting led the way with 37 internship offers, while Aditya Birla Fashion and Retail Limited, Amazon, and ITC made 14, 13, and 11 offers respectively.
Pandey also highlighted the positive trends in the job market, noting a significant increase in the number of offers compared to the previous year. He confirmed that all students with work experience and some freshers have already been placed, with the remaining freshers set to participate in the January placements.
The top 10% of students secured an average salary package of ₹48 lakh, while the top twenty per cent received an average of ₹43.5 lakh. The top fifty per cent achieved an average of ₹35 lakh.
The strong placement outcomes underscore IIM Mumbai’s rising reputation and its ability to attract top recruiters across diverse industries. With the second placement phase approaching, the institute is poised to build further on its achievements.
Placement stats
373 offers from 78 companies
20 new recruiters
Top 10%: Average CTC of ₹48 lakh
Top 20%: Average CTC of ₹43.5 lakh
Top 50%: Average CTC of ₹35 lakh