Terms of the offer
Complete their examination, viva voce etc, by the time of joining the Institute. Applicants should take the Common Admission Test (CAT-2024) conducted by the Indian Institutes of Management ( IIMs ) to apply for the programs. Here we have discussed complete details on IIM Mumbai , which includes admission criteria, fee structure, scholarships, and placements for 2025. 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 . Indian Institute of Management ( IIM ) Mumbai , formerly known as NITIE, was established by the Government of India in 1963. The institute has been ranked 9th by IIRF in 2025 and 6th by NIRF in 2024 for its MBA program.