 | This article has multiple issues. Please helpimprove it or discuss these issues on thetalk page.(Learn how and when to remove these messages) (Learn how and when to remove this message)
|
 | |
Other name | IIM Mumbai, IIM-M |
|---|---|
Former name | National Institute of Industrial Engineering (NITIE) |
| Motto | |
| Type | PublicBusiness School |
| Established | 1963; 63 years ago (1963) |
| Accreditation | AACSB,AMBA |
Academic affiliations | Institute of National Importance |
| Budget | ₹1,079,776,499 (US$13 million) (2023)[1] |
| Chairman | Shashi Kiran Shetty |
| Director | Manoj Kumar Tiwari |
Academic staff | 76 (2024)[2] |
| Students | 1,130 (2024)[2] |
| Postgraduates | 1,026 (2024)[2] |
| 104 (2024)[2] | |
| Location | ,, India 19°8′21″N72°54′18″E / 19.13917°N 72.90500°E /19.13917; 72.90500 |
| Campus | Urban, 63.832 acres (0.25832 km2) |
| Website | iimmumbai |
 | |
TheIndian Institute of Management Mumbai (IIM Mumbai orIIM-M), formerly known as theNational Institute for Training in Industrial Engineering (NITIE Mumbai) is a reputedgraduatebusiness school under theMinistry of Education (India),[3]Government of India located inPowai near Vihar Lake inMumbai,Maharashtra and is ranked 6th amongB-Schools ofIndia as perNIRF 2025 rankings.[4]
The National Institute for Training in Industrial Engineering,[5] 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 ofUnited Nations Development Programme (UNDP) through theInternational Labour Organization (ILO) to create skilled professionals. It was funded by theGovernment of India and registered as a society under the Societies Registration Act, 1860.[6]
NotedindustrialistAnand Mahindra andHDFC chairmanDeepak Parekh had suggested, in 2007, the change in name of NITIE to anIIM, Mumbai.[7] The then Prime MinisterDr Manmohan Singh had promised to look into the issue.
For several years no step was taken in this direction, but recently, on 31 January 2022, theMinistry of Education (India) has constituted a committee of experts to deliberate on the feasibility of bringing the National Institute of Industrial Engineering (NITIE) Mumbai underIIM Act, 2017.[8][9] The list of experts includesShri Ashish Kumar Chauhan, MD & CEO, Bombay Stock Exchange & ChancellorUniversity of Allahabad, Prof. Pawan Kumar Singh, Director,IIM Tiruchirappalli, Prof. Pramod Kumar Jain, Director,IIT BHU,Prof. Subhasis Choudhuri, Director,IIT Bombay, Shri Pradeep Goyal, CMD, M/s Pradeep Metals.
A significant milestone was achieved by NITIE Mumbai on 12 July 2023 when the Union Cabinet approved the amendment in the IIM Act, designating NITIE Mumbai as the 21st IIM and renaming it as IIM Mumbai.[10]
On July 28, 2023, The Indian Institutes of Management (Amendment) Bill, 2023 was introduced inLok Sabha by Union education ministerDharmendra Pradhan.[11]
The Indian Institutes of Management (Amendment) Bill, 2023 was passed byLok Sabha on Aug 4, 2023[12]It was also passed byRajya Sabha on Aug 8, 2023. After receiving thePresident's assent, the Bill became an Act on Aug 11, 2023.[13][14][15]
In June 2025, IIM Mumbai established the Atal Incubation Centre–NITIE Incubation Foundation for Innovation and Entrepreneurship (AIC-NIFIE)[16] to promote innovation-driven entrepreneurship. Supported by the Atal Innovation Mission and NITI Aayog, the incubator provides early-stage startups with mentorship, infrastructure, industry linkages, and access to research and funding. Aligned with the institute's emphasis on technology and management, AIC–NIFIE aims to foster a robust entrepreneurial ecosystem both within and beyond the IIM Mumbai community.[17][18]
IIM Mumbai's main campus is located in Powai, in the north-eastern suburbs of Mumbai.
The institute's library relocated in 2016 to a dedicated Academic cum Library Building (ALB), covering approximately 1,434 sq m across three floors.[19]
An auditorium seating around 200 attendees serves multiple purposes: academic lectures, executive development programs, and more.
The campus features diverse sports infrastructure, including facilities for badminton (in a dedicated sports complex), basketball, volleyball, cricket, table tennis, carom, and chess.
IIM Mumbai maintains a Financial Research and Trading Lab equipped with aBloomberg Terminal providing students access to real time market data, analytics, and tools for applied financial research and simulations.
The campus infrastructure includes computer and simulation labs, CAD/CAM and SAP Next-Gen labs, and specialized facilities for engineering and ergonomics. Additional amenities include a gymnasium, guest houses, cafeteria, convenience store, medical dispensary and shuttle services within the campus.[20][21][22]
IIM Mumbai offers management programs, including full-time MBAs in General Management, 'Operations,Wealth Management andSupply Chain Management' and 'Sustainability Management' along with various executive MBA programs tailored for working professionals seeking career advancement. The institute also has a legacy ofPostgraduate diplomas inindustrial engineering, industrial management(PGDIM), sustainability, information technology management, and financial economics and management(PGDFEM).
It also offers doctoral levelfellowship programs. The Fellow Program of IIM Mumbai was started in 1980, since then nearly 100 Fellowship (Doctoral) Degrees have been awarded. Annually, IIM Mumbai trains over 2000 professionals through its various week long Management Development Programs (MDPs)[23] and the unit based programs (UBPs) in different areas of Industrial Engineering & Management.[24]
IIM Mumbai is ranked sixth among management schools in India by theNational Institutional Ranking Framework (NIRF) in both 2024 and 2025.[25][26] After rising from its seventh position in 2023, the institute has maintained its position among the country's top business schools.[27]
IIM Mumbai is a student-run institute that has around 30 Committees and Forums that the students can be a part of. Around a year, these committees organize various events and programs like Sansmaran – Alumni Meet, Avartan – Flagship Business fest of IIM Mumbai, Mahamandi, Arohan, Panel discussions, Leadership talks, Social Volunteering works, etc.[28][29]
Rankings_NIRF_B_2024 was invoked but never defined (see thehelp page).| Institutions | |
|---|---|
| Admissions | |
| Events | |
| Lists of people | |
| Others | |
| Legal status | |
| Related subjects | |
