Vishal5555 at 12:08, 7 February 2026

2026-02-07T12:08:22Z

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{{Short description|Indian graduate business school}}
{{Multiple issues|
{{More citations needed|date=April 2017}}
{{COI|date=June 2021}}
}}
{{Use dmy dates|date=July 2020}}
{{Use Indian English|date=August 2015}}
{{Infobox university
| name = Indian Institute of Management
Mumbai
| logo =
| logo_size =
| image_name = Indian Institute of Management Mumbai Logo.svg
| image_upright = .7
| other_name = IIM Mumbai, IIM-M
| former_name = National Institute of Industrial Engineering (NITIE)
| motto = {{motto|ज्ञानम् जयति सर्वत्र|sa|Knowledge triumphs everywhere}}
| established = {{Start date and age|df=yes|1963}}
| motto_lang = sa
| type = [[Public university|Public]] [[Business School]]
| budget = {{INRConvert|1079776499|}} (2023)<ref>{{Cite web |url=https://iimmumbai.ac.in/storage//uploads/annual_reports/2500/167514642501.pdf |title=Annual Report 2022–2023 |website=iimmumbai.ac.in |access-date=6 June 2024}}</ref>
| chairman = [[Shashi Kiran Shetty]]
| director = [[Manoj Kumar Tiwari (academic)|Manoj Kumar Tiwari]]
| campus = [[urban area|Urban]]
| campus_size = {{convert|63.832|acre|km2}}
| academic_staff = 76 ({{small|2024}})<ref name=nirf_stud/>
| students = 1,130 ({{small|2024}})<ref name=nirf_stud>{{cite web |title=NIRF 2024 |url=https://iimmumbai.ac.in/storage/uploads/pages/pages_docs/nirf_2024.pdf |publisher=IIM Mumbai}}</ref>
| postgrad = 1,026 ({{small|2024}})<ref name=nirf_stud/>
| doctoral = 104 ({{small|2024}})<ref name=nirf_stud/>
| city = [[Mumbai]]
| state = [[Maharastra]]
| country = India
| coor = {{coord|19|8|21|N|72|54|18|E|region:IN-MH_type:edu|display=inline, title}}
| academic_affiliations = [[Institute of National Importance]]
| accreditation = [[Association to Advance Collegiate Schools of Business|AACSB]], [[Association of MBAs|AMBA]]
| website = {{URL|http://iimmumbai.ac.in/}}
}}

The '''Indian Institute of Management Mumbai''' ('''IIM Mumbai''' or '''IIM-M'''), formerly known as the '''National Institute for Training in Industrial Engineering''' ('''NITIE Mumbai''') is a reputed [[graduate school|graduate]] [[business school]] under the [[Ministry of Education (India)]],<ref>{{Cite web|title=Institutions {{!}} Government of India, Ministry of Education|url=https://www.education.gov.in/en/others|access-date=2021-06-10|website=www.education.gov.in}}</ref> [[Government of India]] located in [[Powai]] near Vihar Lake in [[Mumbai]], [[Maharashtra]] and is ranked 6th among [[Business school|B-Schools]] of [[India]] as per [[National Institutional Ranking Framework|NIRF]] 2025 rankings.<ref>{{Cite web |title=MHRD, National Institute Ranking Framework (NIRF) |url=https://www.nirfindia.org/Rankings/2025/ManagementRanking.html |url-status=live |archive-url=https://web.archive.org/web/20230605154821/https://www.nirfindia.org/2023/ManagementRanking.html |archive-date=2023-06-05 |access-date= |website=www.nirfindia.org}}</ref>

==History==
The National Institute for Training in Industrial Engineering,<ref>{{cite web | url=https://nitie.ac.in/icdaps/about.html | title=ICDAPS-2022 - About Conference | publisher=nitie.ac.in | access-date=17 July 2023}}</ref> 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.<ref>{{cite web | url=http://education.nic.in/tech/tech_if-ocite.asp | title=Ministry of HRD website, Government of India | access-date=2009-02-04 | url-status=dead | archive-url=https://web.archive.org/web/20090205180304/http://education.nic.in/tech/tech_if-ocite.asp | archive-date=5 February 2009}}</ref>

=== Conversion to IIM ===
Noted [[Business magnate|industrialist]] [[Anand Mahindra]] and [[HDFC Bank|HDFC]] chairman [[Deepak Parekh]] had suggested, in 2007, the change in name of NITIE to an [[Indian Institutes of Management|IIM]], Mumbai.<ref>{{Cite web|last=Deshmukh|first=Smita|date=2007-09-01|title=Convert Nitie into an IIM: Mahindra|url=https://www.dnaindia.com/mumbai/report-convert-nitie-into-an-iim-mahindra-1119096|access-date=2021-06-10|website=DNA India|language=en}}</ref> The then Prime Minister [[Manmohan Singh|Dr 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, the [[Ministry of Education (India)]] has constituted a committee of experts to deliberate on the feasibility of bringing the National Institute of Industrial Engineering (NITIE) Mumbai under [[Indian Institutes of Management Act, 2017|IIM Act, 2017]].<ref>{{Cite web|last=Madhani|first=Armaan|date=2022-04-02|title=Ministry of Education forms an expert committee to bring NITIE under IIM Act 2017|url=https://www.dsij.in/dsijarticledetail/ministry-of-education-forms-an-expert-committee-to-bring-nitie-under-iim-act-2017-22944-1|access-date=2022-02-04|website=Dalal Street Investment Journal|language=en}}</ref><ref>{{Cite web|date=2022-04-02|title=BSE's Ashishkumar Chauhan to head expert panel on bringing NITIE Mumbai under IIM Act|url=https://www.financialexpress.com/industry/bses-ashishkumar-chauhan-to-head-expert-panel-on-bringing-nitie-mumbai-under-iim-act/2426169/|access-date=2022-02-04|website=Financial Express|language=en}}</ref> The list of experts includes [[Ashish Chauhan|Shri Ashish Kumar Chauhan]], MD & CEO, Bombay Stock Exchange & Chancellor [[University of Allahabad]], Prof. Pawan Kumar Singh, Director, [[Indian Institute of Management Tiruchirappalli|IIM Tiruchirappalli]], Prof. Pramod Kumar Jain, Director, [[Indian Institute of Technology (BHU) Varanasi|IIT BHU]], [[Subhasis Chaudhuri|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.<ref>{{Cite web|date=2023-07-12|title=Parliament monsoon session: Bill to amend IIM Act among 3 cleared by Cabinet|url=https://www.hindustantimes.com/india-news/cabinet-approves-three-bills-including-amendment-to-iim-act-jan-vishwas-bill-and-mines-and-minerals-act-101689188635868.html|access-date=2023-07-12|website=Hindustan Times|language=en}}</ref>

On July 28, 2023, The Indian Institutes of Management (Amendment) Bill, 2023 was introduced in [[Lok Sabha]] by Union education minister [[Dharmendra Pradhan]].<ref>{{Cite news |title=IIM (Amendment) Bill introduced in LS amid disruptions over Manipur issue |url=https://www.business-standard.com/india-news/iim-amendment-bill-introduced-in-ls-amid-disruptions-over-manipur-issue-123072800310_1.html}}</ref>

The Indian Institutes of Management (Amendment) Bill, 2023 was passed by [[Lok Sabha]] on Aug 4, 2023 <ref>{{Cite news |title=Parliament proceedings {{!}} Lok Sabha passes Indian Institutes of Management (Amendment) Bill, 2023 |url=https://www.thehindu.com/news/national/parliament-proceedings-lok-sabha-passes-indian-institutes-of-management-amendment-bill-2023/article67157537.ece}}</ref>
It was also passed by [[Rajya Sabha]] on Aug 8, 2023. After receiving the [[President of India|President's]] assent, the Bill became an Act on Aug 11, 2023.<ref>{{Cite web |title=E-Gazette |url=https://egazette.gov.in/WriteReadData/2023/248043.pdf }}</ref><ref>{{Cite news |date=2023-08-12 |title=7 new laws, including Delhi services legislation, receive Presidential assent |work=The Times of India |url=https://timesofindia.indiatimes.com/india/7-new-laws-including-delhi-services-legislation-receive-presidential-assent/articleshow/102683541.cms?from=mdr |access-date=2023-08-13 |issn=0971-8257}}</ref><ref>{{Cite web |title=Delhi Services Bill, 6 others get President's assent, become laws |url=https://www.dnaindia.com/india/report-delhi-services-bill-6-others-get-president-s-assent-become-laws-parliament-monsoon-session-3055567 |access-date=2023-08-13 |website=DNA India |language=en}}</ref>

=== Launch of the Incubation Centre ===
In June 2025, IIM Mumbai established the Atal Incubation Centre–NITIE Incubation Foundation for Innovation and Entrepreneurship (AIC-NIFIE)<ref>{{Cite web |title=AIC NIFIE |url=https://iimmumbai.ac.in/aic-nifie/about-us |access-date=2025-07-22 |website=iimmumbai.ac.in}}</ref> 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.<ref>{{Cite news |date=2025-06-25 |title=IIM Mum opens incubator to anyone with a good idea |url=https://timesofindia.indiatimes.com/city/mumbai/iim-mum-opens-incubator-to-anyone-with-a-good-idea/articleshow/122054572.cms |access-date=2025-07-20 |work=The Times of India |issn=0971-8257}}</ref><ref>{{Cite web |title=AIC NIFIE |url=https://iimmumbai.ac.in/aic-nifie/about-us |access-date=2025-07-20 |website=iimmumbai.ac.in}}</ref>

== Campus and Infrastructure ==
IIM Mumbai's main campus is located in Powai, in the north-eastern suburbs of Mumbai.

=== Teaching Blocks ===

=== Library ===
[[File:Indian Institute of Management Mumbai, Academic Building, Dec. 2023.jpg|thumb|Academic and Library Building]]
The institute's library relocated in 2016 to a dedicated Academic cum Library Building (ALB), covering approximately 1,434 sq m across three floors.<ref>{{Cite web |title=Indian Institute Of Management Iim Mumbai – Mumbaimba {{!}} Info |url=https://www.mbauniverse.com/college/mumbaimba/indian-institute-of-management-iim-mumbai |access-date=5 September 2025 |website=www.mbauniverse.com}}</ref>

=== Auditorium ===
An auditorium seating around 200 attendees serves multiple purposes: academic lectures, executive development programs, and more.

=== Sports & Recreation ===
The campus features diverse sports infrastructure, including facilities for badminton (in a dedicated sports complex), basketball, volleyball, cricket, table tennis, carom, and chess.

=== Financial Research and Trading Lab ===
IIM Mumbai maintains a Financial Research and Trading Lab equipped with a [[Bloomberg Terminal]] providing students access to real time market data, analytics, and tools for applied financial research and simulations.

=== Other Facilities ===
[[File:NITIE Admin Block.jpg|thumb|Admin Block]]
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.<ref>{{Cite web |title=IIM Mumbai - Infrastructure |url=https://iimmumbai.ac.in/infrastructure |access-date=2025-09-05 |website=iimmumbai.ac.in}}</ref><ref>{{Cite web |title=IIM Mumbai - Facilities |url=https://iimmumbai.ac.in/facilities |access-date=2025-09-05 |website=iimmumbai.ac.in}}</ref><ref>{{Cite web |title=IIM Mumbai Facilities |url=https://www.shiksha.com/college/indian-institute-of-management-mumbai-20735/infrastructure |access-date=5 September 2025 |website=Shiksha.com}}</ref>

==Academics==
IIM Mumbai offers management programs, including full-time MBAs in General Management, '[[Operations management|Operations]],[[Wealth Management]] and [[Supply chain management|Supply Chain Management]]' and '[[Sustainability management|Sustainability Management]]' along with various executive MBA programs tailored for working professionals seeking career advancement. The institute also has a legacy of [[Postgraduate diploma]]s in [[industrial engineering]], industrial management [https://iimmumbai.ac.in/pgdim (PGDIM)], sustainability, information technology management, and financial economics and management [https://pgp.iimmumbai.ac.in/course/financial-economics-management (PGDFEM)].

It also offers doctoral level [[Fellow|fellowship 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)<ref>{{Cite web|title=MDP {{!}} NITIE|url=https://www.nitie.ac.in/mdp|access-date=2021-06-10|website=www.nitie.ac.in}}</ref> and the unit based programs (UBPs) in different areas of Industrial Engineering & Management.<ref>{{Cite news |title=Mumbai: Following IIM tag, NITIE to Convert PG Diploma Courses to MBA, Admit Non-Engineering Students |url=https://www.freepressjournal.in/education/mumbai-following-iim-tag-nitie-to-convert-pg-diploma-courses-to-mba-admit-non-engineering-students}}</ref>

==Rankings==

IIM Mumbai is ranked sixth among management schools in India by the [[National Institutional Ranking Framework]] (NIRF) in both 2024 and 2025.<ref name=Rankings_NIRF_B_2024/><ref>{{Cite web |title=MoE, National Institute Ranking Framework (NIRF) |url=https://www.nirfindia.org/Rankings/2025/ManagementRanking.html |archive-url=https://web.archive.org/web/20250904093239/https://www.nirfindia.org/Rankings/2025/ManagementRanking.html |archive-date=2025-09-04 |access-date=2025-09-05 |website=www.nirfindia.org}}</ref> After rising from its seventh position in 2023, the institute has maintained its position among the country's top business schools.<ref>{{Cite web |title=IIM Mumbai - Ranking |url=https://iimmumbai.ac.in/ranking |access-date=2025-07-20 |website=iimmumbai.ac.in}}</ref>

==Student life==
[[File:NITIE Hostel and Pond View.jpg|thumb|IIM Mumbai Hostel and Lake view]]
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.<ref>{{Cite web|title=Committees {{!}} NITIE|url=https://www.nitie.ac.in/committees|access-date=2021-06-10|website=www.nitie.ac.in}}</ref><ref>{{Cite web |title=IIM Mumbai - Committees |url=https://iimmumbai.ac.in/committees |access-date=2025-07-22 |website=iimmumbai.ac.in}}</ref>

==See also==
* [[Indian Institutes of Management]]
* [[Institutes of National Importance]]
* [[Education in India]] and [[Higher education in India]]
* [[Common Admission Test|Common Admission Test (CAT)]]

==References==
{{Reflist}}

==External links==
* {{official website}}

{{Indian Institutes of Management}}
{{Mumbai topics|state=collapsed}}
{{Authority control}}

{{DEFAULTSORT:National Institute of Industrial Engineering}}
[[Category:Business schools in Mumbai]]
[[Category:Universities and colleges established in 1963]]
[[Category:1963 establishments in Maharashtra]]

Indian Institute of Management Mumbai - Revision history

Vishal5555 at 12:08, 7 February 2026