University Type
Public
Mumbai,
India
Year Established:
1963
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
What are the most popular graduate programs offered at Indian Institute of Management Mumbai?
The Indian Institute of Management Mumbai offers several sought-after graduate programs, primarily focusing on business and management. Popular majors include the Master of Business Administration (MBA), Executive MBA, and specialized programs in Digital Marketing, Finance, and Strategy. These programs are designed to equip students with critical leadership skills and advanced industry knowledge.
What is the Annual Cost of attendance at Indian Institute of Management Mumbai?
The annual cost of attendance for the MBA program at Indian Institute of Management Mumbai is approximately $30,000 USD for tuition and an additional $10,000 USD for living expenses. In Indian Rupees, this totals around ₹29,50,000, based on the current exchange rate of 1 USD = ₹73.40 INR. This estimate includes accommodation, food, books, and miscellaneous expenses.
What Financial aid and scholarship options are available at Indian Institute of Management Mumbai?
Indian Institute of Management Mumbai offers various scholarships and financial aid options primarily based on merit and financial need. Students can apply for these through the institute's financial aid office as part of their admissions application. Information on specific scholarships, eligibility criteria, and application procedures can be found on the institute’s official website or by contacting the admissions office directly.
What is the reputation and ranking of Indian Institute of Management Mumbai?
Indian Institute of Management Mumbai is highly regarded for its excellence in business education and holds a strong position among business schools globally. While specific program rankings may vary annually, the MBA program is frequently ranked among the top programs in Asia by several ranking bodies. Prospective students are encouraged to check the latest rankings for the most current information.
What is the campus culture like at Indian Institute of Management Mumbai?
The campus culture at Indian Institute of Management Mumbai is vibrant and diverse, with numerous opportunities for personal and professional development. Students can engage in various cultural fests like Mood Indigo, participate in numerous clubs ranging from finance to photography, and attend professional workshops and guest speaker events. This active campus life fosters a close-knit community and ample networking opportunities.
What are the housing options at Indian Institute of Management Mumbai?
Indian Institute of Management Mumbai provides on-campus housing options to its students, which include well-equipped hostels with necessary amenities. For those preferring off-campus living, popular nearby areas include Powai, Andheri, and Vikhroli, offering a range of housing from budget-friendly apartments to more upscale accommodations. These areas are well-connected to the campus and offer vibrant community life and local amenities.