Indian Institute of Management Mumbai Placements 2020
Grade B · officialIn 2020, Indian Institute of Management Mumbai reported a median package of ₹19.81L and an average of ₹20.88L (CTC basis), with the highest offer at ₹58.24L across 121 recruiters — from NITIE Mumbai - MBA - Final Placement Report 2018-20. Nothing estimated · NITIE-branded report; 19 new recruiters; median 19.81 LPA (narrative); supply chain and operations 221 offers, consulting and IT/Analytics 127 offers (31%), finance 50+ offers.
Grade B · officialSource: NITIE Mumbai - MBA - Final Placement Report 2018-20 · reported basis: CTC ·
how we verify → Average
₹20.88L
guaranteed cash
+5.6% vs 2019
Median
₹19.81L
guaranteed cash
+3.6% vs 2019
Highest
₹58.24L
+25.2% vs 2019
Two salary heads — what's guaranteed vs what you can earn
Guaranteed (TGCC) — avg ₹20.88L · median ₹19.81L
Max-earning (MEP) — avg ₹20.88L
TGCC is the audited fixed floor; MEP adds the maximum variable/bonus and is the number most schools quote as "CTC". We show both so nothing is oversold.
Salary by component · 2020
Every salary head the report discloses, in ₹ lakh — nothing estimated, undisclosed cells show “—”.
| Component | Min | Median | Mean | Max |
|---|
CTC | — | ₹19.81L | ₹20.88L | ₹58.24L |
Which sectors hired in 2020
Share of the batch's offers by sector (this report does not publish per-sector pay).
What roles the 2020 batch took
Share of the batch's offers by job function (this report does not publish per-function pay).
Supply chain & operations
221 offers
Consulting & IT/Analytics
127 offers
The 2020 batch, profiled
Composition as disclosed in the report.
work ex
Average work experience17.67
Freshers31%
0-12 months13%
13-24 months25%
25-36 months20%
>36 months10%
cohort
Work-ex sector: BFSI3%
Work-ex sector: Consulting7%
Work-ex sector: IT/Analytics29%
Work-ex sector: Manufacturing30%
Work-ex sector: Others31%
Internship sector: BFSI8%
Also disclosed in 2020
19New recruiters50Finance offers
Top recruiters in 2020
Colgate-PalmoliveDaburDiageoGCPLHULITCJohnson & JohnsonL'OréalMaricoMcCainMondelezNestléNiveaP&GRP-SGAccenture DigitalCognizant Business ConsultingDeloitte IndiaDeloitte USIEYEY GDSGEPHitachi ConsultingKPMGMcKinseyOptum Advisory UHGPwC IndiaPwC US AdvisoryThoucentricZS AssociatesAsian PaintsAther EnergyAvery DennisonCastrolCoromandelCromptonDCM ShriramEatonExideGMM Pfaudler
Frequently asked questions
What was Indian Institute of Management Mumbai's average placement package in 2020?
In 2020, Indian Institute of Management Mumbai reported a median of ₹19.81L, an average of ₹20.88L, a highest of ₹58.24L. Figures are institute-reported; nothing is estimated.
Did Indian Institute of Management Mumbai placements improve in 2020?
Versus 2019, the median moved +3.6%.
How many companies recruited at Indian Institute of Management Mumbai in 2020?
121 recruiters hired from the 2020 batch, including Colgate-Palmolive, Dabur, Diageo.
Figures from Indian Institute of Management Mumbai's official 2020 placement report. Undisclosed values show "—".
Cite this page · free with attribution
Indian Institute of Management Mumbai placements 2020 — Collvera Placement Index (verified from NITIE Mumbai - MBA - Final Placement Report 2018-20). collvera.com/placements/iim-mumbai/2020. Accessed 2026-09-08.