Indian Institute of Management Mumbai

What Indian Institute of Management Mumbai does

IIM Mumbai is a government-funded premier management education institution located in Powai, Mumbai, India. Established in 1963 as NITIE (National Institute of Industrial Engineering) with UNDP and ILO assistance, it was renamed Indian Institute of Management Mumbai in 2024 under the IIM Act. The institute serves approximately 1,200 students through a faculty of 60+ academicians, offering a two-year full-time MBA with specializations in Operations & Supply Chain Management and Sustainability Management, MBA-PGPEx executive programs, a Ph.D. and Executive Ph.D., a new four-year BS in Digital Science and Business Management (2026–2030 cohort), and a portfolio of executive certificate programs. The institution consistently ranks 6th in the NIRF Management Category (2024 and 2025) and achieved 100% placements for the Batch of 2025.

The revenue model spans four streams: degree program fees (e.g., Two-Year Weekend MBA-PGPM at INR 18,00,000 for working professionals), executive education and certificate programs delivered through EdTech partners (TalentSprint, Intellipaat, Jaro Education, Masai School, NSDC), sponsored research and consultancy via the SRIC unit, and donations with 80G tax-exemption benefits. Go-to-market combines direct admissions via national-level entrance exams, EdTech channel distribution, in-house corporate MDPs (clients include CAG of India, NSE, Genpact, AWS India, DRDO, BEL, ONGC, BSNL), and international exchange with 17 partner institutions across France, the UK, the USA, Belgium, Spain, Croatia, South Korea, and Thailand. Underlying research infrastructure includes the Ashwin Mittal Centre of Excellence in Advanced AI Solutions for Business Decisions, Data Science Lab, Digital Trust Lab, and the AIC-NIFIE Incubation Centre hosting 14 startups.

Five or more faculty members are recognized among the top 2% researchers globally by Stanford University/Elsevier (2024), and the institute is led by Director Prof. Manoj K Tiwari (IEEE SMC Best Associate Editor Award, 2024) with Mr. Shashi Kiran Shetty (Founder and Executive Chairman, Allcargo Group) as Board Chairperson. The Board Contact is housed at Vihar Lake Road, Powai, Mumbai 400087, and the institution is publicly positioned as a Tier-2 IIM rapidly scaling program breadth and corporate partnerships following its 2024 IIM conversion.

Name

Indian Institute of Management Mumbai

Legal name

Indian Institute of Management Mumbai

Website

https://iimmumbai.ac.in

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

IIM Mumbai is a government-funded premier management institution in Powai, Mumbai, offering MBA, doctoral, executive, and undergraduate programs to approximately 1,200 students with 60+ faculty and a top-6 NIRF Management ranking.

Ownership category

akta.pro rank

Product category

Management Education / Business School

NAICS

Professional and Management Development Training (611430), Research and Development in the Social Sciences and Humanities (54172)

SIC

Services-Engineering, Accounting, Research, Management (8700)

akta.pro primary industry

Management Research Institutes & Doctoral (PhD/DBA) Programs (EDAHAHAO)

Keywords

• Management education
• Executive education
• Business analytics
• Supply chain management
• Sustainability management

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Degree Program Fees: Tuition and program fees from MBA, Executive MBA, Ph.D., and undergraduate programs. Fee structures vary by program with Two-Year Weekend MBA (PGPM) at INR 18,00,000.
2. Executive Education and Certificate Programs: Revenue from open MDPs, certificate programs, and executive education programs delivered in collaboration with partners like NSDC, TalentSprint, Intellipaat, Jaro Education, and others.
3. Donations and Contributions: Accepts donations with 80G tax exemption benefits, along with corporate contributions and sponsorships.
4. Sponsored Research and Consultancy: SRIC (Sponsored Research and Industrial Consultancy) generates revenue through industry-sponsored research projects and consulting engagements.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

IIM Mumbai is a government-funded management institute offering full-time MBA programs, doctoral programs (Ph.D. and Executive Ph.D.), one-year postgraduate executive programs, and a portfolio of executive certificate courses in domains such as AI/blockchain/cybersecurity, digital transformation, supply chain, sustainability, finance, and sports management. Programs are delivered on its Powai, Mumbai campus and through blended/online formats in collaboration with EdTech partners and corporate bodies. The institute also offers customized in-house Management Development Programs (MDPs) for corporate clients.

Product overview

IIM Mumbai is a premier management education institution offering a comprehensive portfolio of degree and certificate programs. The core degree programs include a two-year Full-Time MBA with specializations in Operations & Supply Chain Management and Sustainability Management, a four-year BS in Digital Science and Business Management, and doctoral programs (Ph.D. and Executive Ph.D.). The institution also provides executive education through one-year PGPEx programs including Visionary Leadership for Manufacturing (in collaboration with IIT Delhi), Financial Economics and Management (with NSE), and Sports Management. Professional certificate offerings span digital marketing, AI/blockchain/cybersecurity, sustainability, supply chain management, and investment banking. The programs integrate contemporary industry-oriented curriculum with research-driven insights across operations, analytics, finance, marketing, and sustainability domains.

Differentiator

Problem solved

Functional benefit

Products and services

• Master of Business Administration (MBA) Two-year full-time flagship MBA program equipping students with skills and competencies for global leadership roles through immersive, hands-on learning settings; aimed at fresh graduates and early-career professionals.
• MBA (Operations and Supply Chain Management) Two-year flagship program tailored to meet techno-managerial requirements of Indian industries, preparing students for efficiency and productivity roles across manufacturing, supply chain, information systems, marketing, and finance.
• MBA (Sustainability Management) Two-year program preparing prospective managers with the knowledge and skills to guide businesses toward Sustainable Development, including management tools for sustainability issues and safety challenges.
• BS (Digital Science and Business Management) Four-year undergraduate program (2026-2030) providing education at the intersection of digital science and business management.
• Doctoral Programme (Ph.D.) Five-year full-time doctoral program nurturing scholars in management research with specializations in Analytics & Data Science, Finance, Marketing, Operations & Supply Chain, OB & HRM, and Sustainability Management.
• Executive Ph.D. Programme Five-year program for professionally employed persons conducting research largely in their parent organization under faculty guidance, covering Operations, Analytics, OB & HRM, Marketing, Finance, Economics & Strategy, and Sustainability Management.
• MBA-PGPEx (Post Graduate Program for Executives) One-year intensive postgraduate program for executives focusing on entrepreneurship and innovation management, logistics and operations excellence through digitization, and other executive leadership tracks.
• PGPEx-VLFM (Visionary Leadership for Manufacturing) One-year full-time residential executive diploma program conducted collaboratively by IIM Mumbai and IIT Delhi, preparing rising leaders for mid and senior-level managerial roles in Operations, Strategic Planning, Business Excellence, and World-Class Manufacturing.
• Two-Year Weekend MBA (MBA-PGPM) Two-year weekend postgraduate program in management designed exclusively for working professionals with non-residential weekend classes, featuring real-time campus interactions and esteemed faculty.
• One-Year Postgraduate Programme in Sports Management (PGPSM) One-year full-time program designed to shape future-ready leaders for India's sports ecosystem through experiential and multidisciplinary learning, covering sports business, data analytics, events, and athlete management.
• PGPEx-FEM (Financial Economics and Management) One-year blended post graduate program in financial economics and management offered in collaboration with NSE, covering financial markets, corporate finance, fintech, and policy-making through hybrid format with campus immersions.
• Executive Certificate Programme in AI, Blockchain & Cybersecurity Leadership Executive certificate program covering artificial intelligence, blockchain technology, and cybersecurity leadership competencies for business professionals.
• Executive Certificate Programme in Sustainability Management Executive certificate program focusing on sustainability management principles and practices for business professionals.
• Executive Certificate Program in Digital Transformation and AI Executive certificate program covering digital transformation strategies and artificial intelligence applications for business innovation.
• Certificate Program in Digital Marketing & Analytics Certificate program in collaboration with NSDC focused on digital marketing strategies and analytics for business applications.
• Certificate Program in Entrepreneurship and Startup Mastery Certificate program in collaboration with NSDC designed to foster entrepreneurship skills and startup management competencies.
• Global Online Course on GenAI for Business Decision Making Global online certification course focused on generative AI applications for business decision-making processes.
• Global Online Certification Course on AI, Analytics, and Disruptive Technologies Global online certification course covering artificial intelligence, analytics, and disruptive technologies for business intelligence.
• Executive Certification in Investment Banking and Financial Analytics Executive certification program covering investment banking concepts and financial analytics with corporate governance, offered in collaboration with Intellipaat.
• Executive Certificate in Supply Chain and Logistics Management Executive certificate program focusing on supply chain and logistics management practices, offered in collaboration with Intellipaat.
• Certificate Course in Shipping, Logistics and Supply Chain Management Certificate program focused on shipping, logistics, and supply chain management (Batch 3) offered through the Centre of Excellence in Logistics, Supply Chain and Maritime Management.

Quantifiable outcome

• 100% placements achieved for Batch of 2025
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

29 partnerships are on record, tiered core, strategic and minor.

• CAG of IndiacoreStrategic or Co-development Partner · 13 September 2024IIM Mumbai signed MoU with the Comptroller and Auditor General (CAG) of India for collaboration in areas of capacity building, research, and professional development for CAG officers. The partnership includes programs like 'Strengthening Audit Oversight of Public Private Partnerships through Case Studies for CAG Officers'.
• NSE (National Stock Exchange of India)coreStrategic or Co-development Partner · 1 January 2024IIM Mumbai and NSE signed an MoU for academic and research collaboration. The partnership includes the One-Year Blended Post Graduate Program in Financial Economics and Management (PGPEx-FEM), designed for professionals aspiring to excel in financial markets, corporate finance, fintech, and policy-making. Curriculum includes Financial Modelling, Investment, FinTech, Sustainable Finance, Risk Management.
• AWS IndiastrategicTechnology or Integration · 1 January 2023NITIE (now IIM Mumbai) collaborated with AWS India to strengthen the supply chain community in India through technology-enabled education and research initiatives.
• Indian Maritime Centre (IMC)strategicStrategic or Co-development PartnerIIM Mumbai joined hands with Indian Maritime Centre as a valued member, fostering collaboration to advance education, research, and leadership in the maritime and logistics sectors. The institute aims to contribute academic expertise and industry insights to promote innovation, capacity building, and sustainable growth within India's maritime ecosystem.
• International Institute of Sports & Management (IISM)strategicStrategic or Co-development PartnerIIM Mumbai collaborated with IISM for the launch of One-Year Postgraduate Programme in Sports Management (PGPSM), a full-time programme designed to shape future-ready leaders for India's growing sports ecosystem. The program blends management education with sports industry insights.
• Thunderbird School of Global ManagementstrategicStrategic or Co-development PartnerThunderbird School of Global Management partners with IIM Mumbai for the Leadership Programme in Supply Chain Management. The 10-month programme blends live interactive sessions, real-world use cases, and hands-on projects to equip professionals with AI, blockchain, and IoT skills for supply chain challenges.
• Emlyon Business School (France)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Students and faculty exchange programs, collaborative research opportunities, and global learning initiatives.
• IESEG School of Management (France)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Student exchange and collaborative academic programs.
• Durham University (UK)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Academic collaboration and student exchange programs.
• West Virginia University (USA)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Student exchange and research collaboration.
• University at Buffalo, New York (USA)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Academic exchange programs.
• University of Pittsburgh (USA)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Collaborative academic initiatives.
• University of California Irvine (USA)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Academic exchange and research collaboration.
• Oklahoma State University (USA)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Student exchange programs.
• Ohio University (USA)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Academic collaboration.
• University of Alabama, Huntsville (USA)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Student exchange programs.
• University of Missouri (USA)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Academic exchange initiatives.
• Asian Institute of Technology, BangkokminorChannel Partner/ Reseller/ DistributorInternational exchange partner institution in Asia. Regional academic collaboration.
• UC Leuven Limburg (Belgium)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. European academic exchange.
• IQS School of Management (Spain)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. European academic collaboration.
• University of Zagreb (Croatia)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Regional European academic exchange.
• Woosong University (South Korea)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Asian academic collaboration.
• Ecole Centrale De Lille (France)minorChannel Partner/ Reseller/ DistributorInternational exchange partner institution. Engineering and management academic exchange.
• NSDC (National Skill Development Corporation)strategicStrategic or Co-development PartnerIIM Mumbai offers Certificate Programs in collaboration with NSDC including Digital Marketing & Analytics, Entrepreneurship and Startup Mastery, and Supply Chain and Logistics Management. These programs aim to develop industry-relevant skills and support national skill development initiatives.
• TalentSprintminorChannel Partner/ Reseller/ DistributorEdTech partner for Executive Certificate Programme in Sustainability Management and Future Leadership Programme in Supply Chain Management. Partner handles program delivery support and student acquisition.
• IntellipaatminorChannel Partner/ Reseller/ DistributorEdTech partner for Executive Certification in Investment Banking and Financial Analytics with Corporate Governance, and Executive Certificate in Supply Chain and Logistics Management.
• Jaro EducationminorChannel Partner/ Reseller/ DistributorEdTech partner for Executive Certificate Program in Corporate & Strategic Finance and Executive Certificate Program in Project Management and Analytics.
• GenpactstrategicStrategic or Co-development PartnerJoint research projects including white paper on visibility and distribution of refurbished vs new spare parts, and IIM Mumbai-Genpact Crate Assessment Matrix. Industry collaboration for analytics and supply chain research.
• IIT DelhicoreStrategic or Co-development PartnerIIM Mumbai collaborates with IIT Delhi for the Visionary Leadership For Manufacturing (PGPEx-VLFM) program - a comprehensive one-year full-time residential executive diploma programme. The program prepares rising leaders for mid and senior-level managerial roles in Operations and Supply Chain Management, Strategic Planning, Business Excellence, and World-Class Manufacturing.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Indian Institute of Management Indore: IIM Indore is a top-10 NIRF management institute within the same IIM system — competes head-to-head with IIM Mumbai on flagship MBA, executive education, and 5-year IPM integrated program admissions.
• XLRI Jamshedpur: XLRI is one of India's top private-equivalent B-schools with flagship 2-year BM, HRM specialization, and strong executive programs — a direct peer on NIRF rankings and competing for HR and operations placements.
• SPJIMR Mumbai: SPJIMR is a top Mumbai-based management institute under the Bharatiya Vidya Bhavan umbrella — directly comparable to IIM Mumbai on geography, target executive market, and flagship PGDM/PGMP programs.
• Management Development Institute (MDI) Gurgaon: MDI Gurgaon is a top NIRF-ranked management institute with flagship PGPM and executive programs — directly comparable to IIM Mumbai on program portfolio, target executive segment, and recruiter mindshare.
• Indian School of Business (ISB) Hyderabad: ISB is a privately-funded management institute with 1-year flagship PGP and growing executive education — directly comparable in target market (working professionals) and offers competitive pressure on IIM Mumbai's PGPEx segment.
• Indian Institute of Management Ahmedabad: IIM Ahmedabad is India's top-ranked management institute and the most direct peer — both operate under the IIM Act, offer 2-year flagship MBA, PGPEx, and doctoral programs, and compete for the same CAT candidates, recruiter mindshare, and NIRF ranking position.
• Indian Institute of Management Kozhikode: IIM Kozhikode is a top-5 NIRF management institute with comparable 2-year MBA, executive, and doctoral programs — direct peer in NIRF rankings, executive education, and recruiter competition.
• Indian Institute of Management Bangalore: IIM Bangalore is a top-3 NIRF management institute with flagship MBA, executive education, and doctoral programs — competing head-to-head with IIM Mumbai for executive education partnerships, faculty recruiting, and employer placement slots.
• Indian Institute of Management Lucknow: IIM Lucknow is a top-5 NIRF management institute — directly competes with IIM Mumbai for the same candidate pool, recruiter shortlists, and executive education partnerships under the same IIM system.
• Indian Institute of Management Calcutta: IIM Calcutta is one of the original IIMs and a top-3 NIRF peer — offers comparable MBA, executive, and doctoral programs and competes directly with IIM Mumbai for finance and consulting recruiter mindshare and CAT top-percentile admits.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/IIMMumbai
• YouTubeyoutube.com/channel/UCT3Bo4EURi2Q2dTWQlcHTdQ
• Facebookfacebook.com/IIMMumbaiOfficial
• LinkedInlinkedin.com/company/about
• Instagraminstagram.com/iimmumbai_official/?igshid=YTQwZjQ0NmI0OA%3D%3D

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

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Frequently asked questions about Indian Institute of Management Mumbai