IIM Mumbai has announced the launch of its first undergraduate program, a four-year course in Digital Science and Business Management, beginning in the next academic year. The program will enroll 70 students and aims to address the increasing need for professionals adept in both technology and management. Admissions will be based on JEE Main scores (70% weightage) and personal interviews (30% weightage). The curriculum will cover topics such as artificial intelligence, machine learning, and data science, alongside traditional management subjects like operations and finance. The annual fee is expected to range from ₹6 lakh to ₹7 lakh (approximately $7,200 to $8,400 USD). During its first convocation, IIM Mumbai awarded degrees to 505 students across various programs, marking a significant milestone since its rebranding from the National Institute of Industrial Engineering (NITIE) three years ago. The director, Manoj Tiwari, emphasized the importance of integrating digital science with business skills to prepare students for the evolving job market. Furthermore, discussions are ongoing regarding the establishment of a satellite campus in Pune, although the immediate focus remains on enhancing infrastructure at the Mumbai campus.