Indian Institute of Management Mumbai (formerly NITIE)

Indian Institute of Management Mumbai (formerly NITIE) is a government business school in Mumbai, Maharashtra, offering MBA / PGDM programmes. It is ranked #6 in the NIRF 2025 Management rankings. The total fee is about ₹21 Lakh for the two-year programme. The average package in recent placements was around ₹30.11 LPA. Fees and placement figures are indicative and change every year — Digital Shiksha counsellors can confirm the latest numbers, eligibility and cut-offs for you.