IIM Mumbai has closed its Final Placements 2026 season with a highest domestic package of ₹71.4 LPA, an average top-10% package of ₹47.5 LPA, and participation from over 200 recruiters across consulting, BFSI, technology, and product roles. The 2024–2026 PGP cohort recorded 100% placement, with the top 50% averaging ₹34.5 LPA — a strong showing for an IIM that is still only in its fourth placement cycle as a standalone IIM.
IIM Mumbai Final Placements 2026 — Headline Numbers
Here are the verified figures for the IIM Mumbai PGP Batch of 2024–2026, as released by the institute’s Career Development Services:
- Highest Domestic CTC: ₹71.4 LPA
- Top 10% Average CTC: ₹47.5 LPA
- Top 20% Average CTC: ₹41.4 LPA
- Top 50% Average CTC: ₹34.5 LPA
- Recruiters Participated: 200+
- Placement Conversion: 100%
The numbers reflect a marginal but meaningful uptick from the 2025 placement cycle, particularly in the top quartile — a band where consulting, investment banking, and product-management offers concentrate.
Sector-Wise Hiring Trends
Across the IIM ecosystem in 2026, the average package has stabilised between ₹32–36 LPA, while highest CTCs have crossed ₹1 crore at IIM Calcutta and IIM Lucknow. IIM Mumbai’s ₹71.4 LPA highest is conservative by comparison, but the depth of recruiter participation — 200+ firms — signals breadth over the lone-marquee-offer narrative.
Consulting (McKinsey, BCG, Bain, Kearney, Accenture Strategy) and BFSI (Goldman Sachs, JP Morgan, Morgan Stanley) continue to dominate the top quartile. Product-management and tech roles at Amazon, Microsoft, Google, and Flipkart have anchored the upper-middle band.
What This Means for CAT 2026 Aspirants
If you are preparing for CAT 2026 (exam expected November 29, 2026), IIM Mumbai’s 2026 placement report carries three actionable signals:
- The “newer IIM” gap is closing. IIM Mumbai (formerly NITIE) is in its fourth standalone placement cycle and already matches or exceeds many older second-tier IIMs on average CTC.
- Industry diversity matters more than the headline highest package. 200+ recruiters across BFSI, consulting, tech, FMCG, and operations means more career optionality for the median student — not just the top decile.
- Operations and analytics specialisations are quietly outperforming. IIM Mumbai’s NITIE heritage in operations and supply chain continues to attract premium ops/analytics recruiters who don’t always show up in pure-MBA reports.
IIM Mumbai vs Other IIMs — 2026 Average CTC Snapshot
| IIM | Average CTC 2026 | Highest Domestic CTC |
|---|---|---|
| IIM Calcutta | ₹36 LPA | ₹1.45 Cr |
| IIM Bangalore | ₹35.35 LPA | Multi-Cr (international) |
| IIM Lucknow | ₹33.2 LPA | ₹1 Cr |
| IIM Mumbai (Top 50%) | ₹34.5 LPA | ₹71.4 LPA |
| IIM Raipur | ₹20.7 LPA | ₹42.66 LPA |
How to Position Yourself for an IIM Mumbai Shortlist
IIM Mumbai’s selection criteria weights CAT score, academic profile, work experience diversity, and WAT/PI performance. For the 2026 PGP batch, the actual closing percentile for the General category hovered in the 98–99 percentile band, with sectional cutoffs in the high 80s.
If you are starting your CAT prep cycle now, anchor your study plan around: (i) a strong QA + DILR base by July, (ii) full mock-test discipline from August onwards, and (iii) WAT-PI groundwork beginning October. Our CAT 2026 preparation roadmap breaks this down month by month.
For a deeper view on how IIM placements have evolved across 2024–2026, see our IIM placements comparison series. If you are still deciding between IIMs and other top B-schools, our top B-schools in India guide covers the full landscape. Aspirants targeting alternate exams should also see the XAT, SNAP and NMAT 2026 calendar.
Frequently Asked Questions
Q1. What is the highest package at IIM Mumbai Final Placements 2026?
The highest domestic CTC at IIM Mumbai Final Placements 2026 is ₹71.4 LPA.
Q2. What is the average package at IIM Mumbai 2026?
The top 50% of the batch averaged ₹34.5 LPA, the top 20% averaged ₹41.4 LPA, and the top 10% averaged ₹47.5 LPA.
Q3. How many recruiters participated in IIM Mumbai Placements 2026?
Over 200 recruiters participated across consulting, BFSI, technology, product management, FMCG, and operations roles.
Q4. When is the CAT 2026 exam?
CAT 2026 is expected to be conducted on November 29, 2026, with notification release around July 27, 2026.
Q5. Is IIM Mumbai a “new” IIM?
IIM Mumbai (formerly NITIE) was converted to an IIM in 2023 and is in its fourth standalone PGP placement cycle.
