Indian Institute of Management Mumbai (IIM Mumbai) previously recognized as the National Institute of Industrial Engineering, Mumbai (NITIE Mumbai), is a graduate business school under the Ministry of Education (India),[1] Government of India located in Powai near Vihar Lake in Mumbai and is ranked 7th among B-Schools of India as per NIRF 2023 rankings

The National Institute for Training in Industrial Engineering,[3] later the National Institute of Industrial Engineering (NITIE), now Indian Institute of Management Mumbai (IIM Mumbai) was established by the Government of India in 1963 with the assistance of United Nations Development Programme (UNDP) through the International Labour Organization (ILO) to create skilled professionals. It was funded by the Government of India and registered as a society under the Societies Registration Act, 1860