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IIM Mumbai’s Summer Placements Hit 400+ Offers as Stipends Reach ₹5 Lakh

The outcome reflects stronger recruiter interest following the institute’s elevation to IIM status.

Overview

  • More than 110 companies extended over 400 summer internship offers, with consulting leading at 101 roles.
  • BFSI accounted for over a quarter of offers, including positions in investment banking, risk, wealth management and digital transformation.
  • FMCG contributed 92 offers and introduced new roles in IT and marketing.
  • The highest two-month stipend reached ₹5 lakh, while averages rose to ₹4.8 lakh for the top 10% and ₹3.8 lakh for the top 50%.
  • Over one-third of the 2026 batch has received PPOs, and nearly 85% of students are already placed with additional offers expected.