Mumbai, April 11 The Indian Institute of Management Mumbai will launch its first 4-year bachelor's degree program in Digital Science and Business Management this year in collaboration with IIT Bombay and industry partners.
The announcement was made by IIM Mumbai Director Prof Manoj Tiwari on Saturday.
"This program brings together the most transformative technologies of recent times – Artificial Intelligence, Machine Learning, Data Science, the Internet of Things, and Robotics – seamlessly integrated with the core pillars of management: operations, marketing, finance, and manufacturing," he said at the institute's graduation ceremony for its first MBA batch.
The program, which has 70 seats, is designed to meet the evolving needs of digitally driven industries by creating future-ready professionals who can operate at the intersection of technology and business leadership, he said.
Tiwari said that the degree program, which will cost Rs 6-7 lakh per year, will be in collaboration with the Indian Institute of Technology Bombay (IIT Bombay) and several industry partners who will teach the students the technology aspect.
"IIM Mumbai will teach the business management aspect with a guarantee of 100 per cent placement," he said.
Selections will be made through the Joint Entrance Examinations - Main (JEE-Main), followed by an interview, said Tiwari.
"We will also offer third-year students in the third year of the course the option to pursue a Master's in Business Administration (MBA), which they can complete in one year immediately after the four-year bachelor's program," he added.
The institute is planning to launch more such bachelor's programs, however, this can only be done after the institute upgrades its infrastructure, he said.
"Currently we have a hostel capacity of 1,200 students. After we upgrade our infrastructure that can accommodate more students, we will launch more bachelor's programs," Prof Tiwari said.
A total of 505 students graduated from IIM Mumbai's campus on Saturday, after its formal recognition from NITIE (National Institute for Training in Industrial Engineering) in 2026, according to the institute.
In the MBA batches, 300 students from the General MBA course, 177 students from MBA - Operations and Supply Chain Management, and 28 students from MBA - Sustainability Management graduated.
Additionally, 39 students from the first batch of One Year Post Graduate Programme for Executives on Logistics and Operations Excellence through Digitization, 26 students of the One Year Post Graduate Programme for Executives, and 6 students from doctoral degrees graduated.