Mumbai, Oct. 30 -- The Indian Institute of Management (IIM) Mumbai has recorded one of its best-ever summer placement seasons this year. The institute has seen over 100 top recruiters participating and more than one-third of the 2026 batch has already gotten pre-placement offers (PPOs) from their internship organisations. This year, the highest stipend for the two-month internship touched Rs.5 lakh, and the top 10% of students will earn an average of Rs.4.45 lakh in that period. The soon to be graduates saw 101 offers from consulting firms and 92 from FMCG companies. Prominent legacy recruiters such continued their long-standing association with the campus, and new recruiters too joined the roster this year. Director of IIM Mumbai, professor Manoj Kumar Tiwari, stated that the placement performance reflects an increasing trust of industry partners in the institute's academic ecosystem. "The roles offered show confidence in our students' analytical and leadership potential," he said....