IIM Mumbai secures 100 per cent placements with record-high salary offers

As the placement season at the Indian Institute of Management IIM Mumbai concludes the premier institute boasts of achieving 100 per cent placements for its batch of 2025 This yearrsquos placement drive witnessed a remarkable surge in offers and salary packages reflecting the growing confidence of recruiters in IIM Mumbairsquos talent pool the institutersquos officials claimThe highest salary package for the 2025 batch touched an impressive R54 lakh per annum LPA with techgiant Microsoft leading the pack Microsoft which first participated in IIM Mumbairsquos placements in 20232024 with an offer of R51 LPA has once again raised the bar by offering the highest package this yearAs per information shared by the IIM administration the average compensation for the topperforming students also saw a notable increaseCommenting on the successful placements Prof Manoj Tiwari director of IIM Mumbai expressed pride in the studentsrsquo achievements and the institutersquos growth trajectory ldquoWe are extremely proud of our students and the remarkable placement outcomes this year The successful transition to IIM Mumbai combined with our commitment to providing futureready education and fostering strong industry ties has played a crucial role in this achievement This yearrsquos 100 per cent placement record is a testament to the hard work and dedication of our students faculty and corporate partners We remain committed to maintaining and strengthening our position as a leading business school that equips our students with the skills necessary to excel in the global job marketrdquo Tiwari saidProfessor Manoj Tiwari director IIM MumbaiMore job offersThe 2025 placement season witnessed the participation of 198 companies marking an impressive 10 per cent increase in the number of recruiters compared to last year when 180 companies took part in the placement drive Another noteworthy aspect of this yearrsquos placements was the five per cent rise in salary packages underscoring the increasing industry demand for the institutersquos graduatesHigher salary packagesThe batch of 2025 saw a significant increase in compensation among the topperforming students The top 10 per cent of the batch secured an average salary of R475 LPA slightly higher than the previous yearrsquos figure of R4729 LPA The top 20 per cent achieved packages averaging R412 LPA up from R4071 LPA last year The top 50 per cent of the batch received offers with an average package of R341 LPA improving from R3384 LPA in 2024Sectoral GrowthPharma retail and consulting took the lead as the placement season saw remarkable growth across multiple sectors with some industries witnessing unprecedented hiring trendsPharma and healthcare Witnessed a staggering 130 per cent increase in offers driven by rapid advancements in healthcare technology and innovationRetail and ecommerce Fuelled by the surge in digitalfirst business models and online shopping the sector recorded a 4773 per cent rise in offersConsulting With a 2892 per cent growth in recruitment the sector continued to demonstrate a strong demand for strategic and analytical talentTransition enhanced valueThe transition of NITIE National Institute for Training in Industrial Engineering Mumbai to IIM Mumbai has significantly enhanced the institutersquos brand value the institutes top leadership claims resulting in a broader spectrum of career opportunities for students ldquoThe growing job market in Mumbai coupled with IIM Mumbairsquos focus on futureready skills such as digital transformation artificial intelligence and data analytics has propelled the institute to the forefront of management educationrdquo Tiwari saidA diverse range of companies extended offers this year with industry leaders continuing to trust IIM Mumbairsquos talent Accenture emerged as the top recruiter extending 41 offers with an average package of R4537 LPA followed by PwC India 18 offers and PwC US Advisory 10 offers Other major recruiters included Alvarez amp Marsal Of Business Praxis Global Alliance Vodafone Idea Workday and ZSAdditionally CocaCola led the way by offering the highest stipend of R5 lakh for a twomonth internship while the average Summer Internship Programme SIP stipend stood at Rs 251 lakhTiwari emphasised on the effectiveness of the SIP noting ldquoThis year we secured 505 SIP offers maintaining 100 per cent placement for the programmerdquo He added that the top 50 per cent of candidates received an average stipend of R360 lakh for thetwomonth periodChallenges strategic focusWhile certain sectors including FMCG and ITtechnology witnessed a dip in hiring the overall placement scenario remained positive IIM Mumbairsquos strategic focus on highgrowth sectors and its emphasis on holistic student development ensured robust placement results despite sectorspecific challengesTiwari added ldquoAs IIM Mumbai continues to align its curriculum with emerging industry trends and equip students with cuttingedge skills the institute remains a preferred destination for top recruiters ensuring a bright future for its graduates in an increasingly competitive global economyrdquoRs 54lpaHighest package offered by MicrosoftHighlights of the programme More than 500 offers extended by 198 companies This is the second batch from IIM Mumbai previously known as NITIE which was granted IIM status in August 2023 Institute achieved 100 per cent placement for the second year in a row Among the 500 offers 160 were PrePlacement Offers PPOs wherein internships are converted into fulltime positionsStudent SpeakAmit Jeve 20232025 batch placed at Accenture Strategy and ConsultingldquoI have been fortunate to witness the incredible developments at IIM Mumbai The unwavering support from the management faculty alumni and industry professionals significantly enriched my preparation during the internship Moreover there has been a noticeable rise in participation from legacy recruiters coupled with the introduction of new roles by prominent companies Despite challenging market conditions IIM Mumbai continues to excel in offering highquality roles attracting toptier organisations and ensuring comprehensive placement outcomesrdquoN Vaishnavi 20232025 batchplaced at AmazonldquoThe placement experience was incredibly smooth with a stellar lineup of multinational corporations and legacy companies along with exciting new names joining over the past two years What stood out was the expansion of opportunities across diverse domains like finance marketing and more ensuring that everyone found the right fit The wellstructured process made it easy for me to secure my dream role at AmazonrdquoAstha Singh 20242026 batch placed at Godrej Consumer Properties LimitedHighlighting how the transition to IIM Mumbai has opened new avenues for students she said ldquoAs students wersquove experienced firsthand how the transition from NITIE to IIM Mumbai has created new opportunities Beyond bringing in top companies the institute ensured we were wellprepared through resumebuilding sessions mock interviews and continuous mentorship The unwavering support is something I can never thank IIM Mumbai enough for Securing a role at Godrej Group has been a dream come true and this institute made it possiblerdquo