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IIM Mumbai Executive MBA

Ranked 7 in NIRF 2023 Management Category

(338 Reviews)
aacsb association to advance collegiate schools of business
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About IIM Mumbai Executive MBA

With a rich history of excellence in management education, IIM Mumbai has been counted among India’s top B-schools for its creation of skilled professionals in a variety of functional areas such as Marketing, IT, Sustainability Management, HR, Finance, Analytics, and Operations Management. It has been ranked 7th in the management category of NIRF Rankings 2023. With the advantage of being located in the business capital of India, this institute has good connections with leading business and corporate houses leading to tapping the experience of industry experts to enrich the knowledge of the students. Being one of the leading institutes in India, IIM Mumbai consists of more than 60 academicians and also has 1200 students spread out across various programmes.

IIM Mumbai offers a 1-year Post Graduate Diploma for Executives - Visionary Leaders for Manufacturing (PGDEx-VLFM) programme held full-time on-campus (residential). It is a programme designed with the collaboration of IIM Mumbai and IIT Delhi, meant to train budding leaders for senior or mid-level managerial roles. These students will learn how to provide a strategic impetus and drive change in an extensive range of verticals such as Operations & Supply Management, Business Excellence, World-class Manufacturing, Strategic Planning, and Digital Transformation. This course is meant to produce techno-managerial leaders who can make a difference in the manufacturing sector. 


With the focus on management, technology, leadership, and manufacturing technology, a peer-learning pedagogy is the base of this programme. According to the ever-changing dynamic business environment, this programme equips the students with the right knowledge and develops their skills which gives them an edge over others to thrive in the real world future endeavours. Under this programme, there is an aspect called VLFM (Visionary Leaders for Manufacturing) that provides an approach to learning leadership and managerial skills proactively which enables the students to become those who make impactful change and be competitive globally by executing decisions leading to breakthroughs helping the organisation advance through.

Since the programme is held equally by both IIM Mumbai and IIT Delhi, the fees are meant to be paid at both institutes. The fees meant to be paid at IIM Mumbai are INR 11.07 Lakhs and at IIT Delhi are INR 5.25 Lakhs. The total fees for the entire programme are INR 16.32 Lakhs.  The fees under IIM Mumbai cover tuition fees, hostel charges, caution money deposit, and alumni association membership & contribution. Under IIT Delhi, only tuition fees for the courses provided will be charged.

Online Degree Acceptance

Online degrees earned from a government-approved university, just like a regular degree, are accepted by the top recruiters worldwide including government & private sectors.

Value of Online Degree

An online degree from a government-approved university holds similar recognition in the industry as that of a regular degree. Thus, it is equally valuable when considered for a job or higher education.

Quality of Education

The quality of education offered in online programs is of the same standard as offered in an on-campus program. Be it curriculum, faculty members, evaluation methods, practical sessions, online & on-campus programs follow similar standards of quality.

Course Benefits

  • IIM Mumbai is ranked 7th in the management category of NIRF rankings 2023.
  • The PGDEx-VLFM course is conducted in collaboration with two of India’s prestigious institutions, that are IIM Mumbai and IIT Delhi.
  • Students get to be taught by a good range of highly qualified instructors with diverse backgrounds, that are IIM Mumbai faculty, IIT Delhi faculty, faculty of Confederation of Indian Industry's Gurukul, international academia, and industry leaders.
  • Students get to do 8 weeks of industry internship both domestically and globally.
  • Two weeks of international visits, that consist of destinations where the application of the manufacturing industry’s operations are witnessed by the batch.
  • Industrial visits, that give exposure to real-world business environments.
  • Once completed the course successfully, the student will receive the IIM Mumbai alumni status.
  • The course emphasises technologies and strategies that are next-generation and along with that, it helps students to develop systemic approaches to manufacturing leadership.
  • Can attend CII (Confederation of Indian Industry) workshops that enrich VLFM learning consisting of 3 modules.

IIM Mumbai Approved By

aacsb association to advance collegiate schools of business


Who Can Apply?

  • Must have a Bachelor’s degree in Engineering or Technology.
  • Should have a minimum of 4 years and less than 10 years of work experience in domains such as Manufacturing, Consulting, and Operations.

Sample Certificate from IIM Mumbai

The student gets to earn a degree that is from an institution that is-

  • From an IIM institution.
  • An institute that is accredited by AACSB.
IIM SC Certificate_copy_1

IIM Mumbai EMI Details

A student can use the EMI facility to pay for the programme fee and additional fees to the institute. EMI could be availed by a student from a plethora of legit EMI providers. An EMI facility eases the burden of students’ financial constraints. Due to the management courses, in institutes such as IIM Mumbai being expensive, it’s challenging to come up with the required money up-front.

IIM Mumbai Admission Process

The following are the steps for getting admission into the IIM Mumbai Executive MBA (PGDEx-VLFM) course-

  • Apply for admission through the application portal by submitting the required details in the application form and uploading the documents.
  • The student should also submit a Statement of Purpose (SOP) and two  Letter of Recommendations (LORs).
  • After the application, candidates will be shortlisted.
  • Then the selected candidates will be called for an aptitude test and a personal interview.
  • The candidates will evaluated based on multiple factors set by the institution.
  • The final selected students will be intimated through the application portal and join the classes on the day of commencement.

UGC updated the list of approved ODL & Online programs for the academic batch of 2023-24, Click here to get the list!

Precautions to be taken by the students before enrolling for programs offered under ODL & Online Learning Mode, Click here to know!

A degree obtained through ODL mode is equivalent to a traditional degree, Click here to know!

UGC declares a 100% Fee Refund policy for students within a specified period by universities.Click hereto read the full notice.

UGC issues a public notice regarding misleading abbreviations in the names of Universities & Colleges. Read the UGC Letter.

IIM Mumbai Executive MBA Syllabus

Since the course of IIM Mumbai Executive MBA is conducted in collaboration of IIM Mumbai with IIT Delhi, both have their own set of subjects to teach where IIM Mumbai will be conducting mostly management courses, while IIT Delhi will conduct mostly technical courses. The following table consists of division of subjects between IIM Mumbai and IIT Delhi-

Courses Conducted by IIM Mumbai

  • Work System Design
  • Manufacturing System Design
  • Manufacturing Strategy
  • Project Management
  • Operations Process Analysis and Capacity Management
  • Operations Research in Manufacturing
  • Operations Planning under Uncertainty
  • Cost Management and Controls
  • Supply Chain, Strategic Sourcing, and Logistics Planning
  • Supply Chain Integration
  • Strategic Imperatives of New Product Development
  • Systems Approach to Manufacturing
  • Foresight Driven Technology and Innovation Strategy
  • Design of Future Digital Factory
  • Marketing: Theory and Practice
  • Accounting for Manufacturing
  • Managerial Economics
  • Sustainable Development
  • Data Analytics
  • Organisation Behaviour: Energising Workforce
  • Macro Environment and Policy
  • Advanced Human Resource Management
  • Market Research for Global Manufacturing Competitiveness
  • Strategic Planning and Implementation
  • Information Systems for Manufacturing Asset Management
  •  Business to Business Marketing
  • Sustainable Strategies for Manufacturing
  • Enterprise Systems in Manufacturing
  • Visionary Leadership
  • CII Work Shop

Courses Conducted by IIT Delhi

  • Statistics for Manufacturing Management
  • Artificial Intelligence and Machine Learning
  • Experimental and Computational tools for Manufacturing Management
  • Core Manufacturing Processes
  • Additive Manufacturing
  • Subtractive Manufacturing
  • Digital Design and Robotics
  • Automation and Smart Manufacturing
  • Materials and Machine Tools Design
  • Energy Management and Industrial Safety

IIM Mumbai Examination Pattern

IIM Mumbai Executive MBA has a decent evaluation and examination pattern. This pattern is in existence due to the need to produce quality students who can learn experientially during the course and get evaluated through certain outlets. Starting with group exercises that test the student’s ability to collaborate, cooperate, and build rapport. Then there are case studies that are conducted to understand the way and methods applied in managerial scenarios. This assists the student in gaining the knowledge and skills required when it comes to real-world problems and the dynamic business environment that the students are going to face. Then there will be final exams where the entire subject knowledge taught and practised will be evaluated. There is also a research project in which the students apply the theories and concepts learned during the course.

Job Roles after Executive MBA

IIM Mumbai has a decent track record when it comes to placing its students in reputed companies. Some of the reputed companies that participated in the placement event were Apollo Tyres, Aditya Birla Grasim, Britannia, Bayer, Reliance, etc. The highest placement achieved by the students was INR 54 LPA CTC. The average CTC achieved by the batch was INR 26.2 LPA CTC. Some of the job roles after doing an executive MBA are the following-



Assistant Director (Manufacturing)


Procurement Consultant

INR 10.1 LPA

Deputy General Manager (Supply Chain)


Supply Chain Manager

INR 17.84 LPA

Demand Planning Analyst


IIM Mumbai Placement Partners

IIM Mumbai has a good rapport with its company partners who participate in placement rounds. These companies provide placements for worthy students who aim to excel in their careers. A few students get somewhere near the highest salary package, while the remaining get an average salary, and higher or lower than that. IIM Mumbai has partnered with a plethora of companies such as 3M, Abbott, AB InBev, Cipla, John Deere, Aditya Birla Group, EY, etc for it’s placement events. These placement events advance a student’s career by empowering their skills and knowledge to be applied to the screening tests and interviews taken by the placement representative of the hiring company.

Our students work at

  • 50%

    Average Salary Hike

  • 300+

    Hiring Partners

  • 3X

    Increase in Interview Opportunities

  • Accenture


  • Amazon


  • Ey


  • TCS


  • Wipro


  • Genpact


  • Dell


  • JP Morgan

    JP Morgan

Frequently Asked Questions?

The total fees of the IIM Mumbai Executive MBA (PGDEx-VLFM) are 16.32 Lakhs.

The IIM Mumbai Executive MBA (PGDEx-VLFM) course is provided as a collaborative course by IIM Mumbai and IIT Delhi. The course distribution is done in such a way that the subjects covered by IIM Mumbai are mostly related to management and IIT Delhi covers mostly technical subjects. This course is meant for techno-managerial roles.

The eligibility criteria for the IIM  Mumbai Executive MBA (PGDEx-VLFM) course are a bachelor’s degree in engineering or technology and a minimum of 4 years and less than ten years of work experience.

The duration of the IIM Mumbai Executive MBA (PGDEx-VLFM)  course is 1 year.

The mode of course delivery in the IIM Mumbai Executive MBA (PGDEx-VLFM) is offline since it’s an on-campus residential programme.

Yes, there are industrial visits and international visits under the IIM Mumbai Executive MBA(PGDEx-VLFM) course, which are in workplaces based on the manufacturing sector where the student gains knowledge about the business environment and its dynamics.

Yes, there are placements provided for IIM Mumbai Executive MBA (PGDEx-VLFM) students where a diverse range of companies such as Apollo Tyres, Aditya Birla Grasim, Britannia, Bayer, Reliance, etc. come to recruit in the placement programme. The highest placement recorded from the batch was INR 54 LPA CTC and the average CTC of the batch was INR 26.2 LPA CTC.

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IIM Mumbai Reviews

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Riya Ray


Reviewed in India on April 12, 2024

They provide a good bunch of courses to select from. The staff is kind and helpful if there are issues faced by a student.





akshay sahu


Reviewed in India on April 12, 2024

An institute for someone who wants to grow by learning.





Sandeep Gusain


Reviewed in India on April 12, 2024

This institute has a good campus and faculty.







Reviewed in India on April 12, 2024

I had a good experience studying here especially because of the dedicated faculty guiding me every step of the way.





Priyanshi Gupta


Reviewed in India on April 12, 2024

I would recommend my peers to join this institute. I got to learn so much that I never expected to be surprised by what was being taught.





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