NITIE Mumbai Placements 2023: Average Package: INR 27.75 LPA & Highest Package: INR 78.20 LPA

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NITIE Mumbai Placements 2023: Average Package: INR 27.75 LPA & Highest Package: INR 78.20 LPA

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Written By Aparna Das 

NITIE Mumbai Placements 2023 has been concluded. NITIE Mumbai highest package stood at INR 78.20 LPA whereas NITIE Mumbai average package stood at INR 27.75 LPA. A total of 161 recruiters including 46 recruiters participated in NITIE Mumbai Placements 2023. 

NITIE Mumbai Summer Internship Placements 2023 has been concluded with 494 placements. NITIE Mumbai highest stipend stood at INR 3.50 Lakhs per month while NITIE Mumbai average stipend stood at INR 1.85 Lakhs per month.

To know more click here NITIE Mumbai Courses & Fees

NITIE Mumbai Placements 2023 Report

Particulars Placements Statistics 2023 Placements Statistics 2022 Placements Statistics 2021
No. of Recruiters 161 107 125
First - Time Recruiters 46 23 36
No. of Students Placed - 468 -
Number of PPOs - 157 132
Highest CTC INR 78.20 LPA INR. 49 LPA INR 44 LPA
Average CTC INR 25.27 LPA INR. 25.4 LPA INR 19.5 LPA
Median CTC - INR 22 LPA INR 18 LPA
Average Package of the top 25% of the batch - INR 39 LPA -
Average Package of the top 50% of the batch INR 34.04 LPA INR 31 LPA -
Placement Sectors - BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce, Consulting & BFSI
Top Companies - Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited etc. EY, IDFC First, ETLI

Also check NITIE Mumbai Cutoff

NITIE Mumbai Placements 2022 Salary Statistics

The below table represents the salary statistics of NITIE Mumbai Placements 2022:

Particulars Salary Statistics
Top 10% INR 45,37,000
Top 20% INR 38,59,000
Top 50% INR 31,34,000
Top 70% INR 28,00,000

During NITIE Mumbai Placements 2022, the average salary stood at INR 45.37 LPA for the top 10%, INR 38.59 LPA for the top 20%, INR 31.34 LPA for the top 50% & INR 28 LPA for the top 70% of the students.

NITIE Mumbai Placements 2022 Sector - Wise

The below table represents the sector - wise placement statistics of NITIE Mumbai:

Sector Percentage of Students
Consulting 35%
Manufacturing 16%
E-Commerce 13%
FMCG 10%
IT/Analytics 8%
BFSI 8%
Pharma 3%
Others 7%

During NITIE Mumbai Placements 2022, the highest number of offers came from the Consulting sector followed by the E-Commerce sector.

Also check NITIE Mumbai Admission 2023

NITIE Mumbai Placements Year - Wise Trends

The below table represents the year - wise placement trends of NITIE Mumbai:

Particulars 2020-22 2019-21 2018-20 2017-19
Highest CTC INR 49 LPA INR 44 INR 58.24 LPA INR 46.5 LPA
Average CTC INR 25.40 LPA INR 19.50 LPA INR 21.82 LPA INR 20.56 LPA

During NITIE Mumbai Placements 2022, the highest salary increased from INR 44 LPA to INR 49 LPA. The average salary also increased from INR 19.50 LPA to INR 25.40 LPA.

NITIE Mumbai Placements 2022 Top Recruiters

NITIE Mumbai Placements 2022 Top Recruiters

NITIE Mumbai Placements 2022 Batch Profile

The below table represents the batch profile of NITIE Mumbai Placements 2022:

NITIE Mumbai Placements 2022 Batch Profile

The 2020-22 batch of NITIE Mumbai comprised 25% freshers. Rest of the students had previous work experience. Students had work experience in sectors like IT/Analytics, Manufacturing, Consulting, BFSI etc.

NITIE Summer Internship Placements 2023 Report

Particulars Internship Statistics 2022 Internship Statistics 2023
No. of Recruiters - 128
No. of Students Placed - 494
First - Time Recruiters - 21
Highest Stipend INR 3.2 Lakhs per month INR. 3.50 Lakhs per month
Average Stipend INR 1.76 Lakhs per month INR 1.85 Lakhs per month
Median Stipend INR 1.80 Lakhs per month INR 2 Lakhs per month
Placement Sectors - BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce
Top Companies Capital Foods, Everest Industries, Purple, Dabur, Deloitte USI, HUL Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited, HUL, American Express, Axis Bank, ICICI Bank, IDFC First Bank, Apollo Tyres, Bajaj Auto, Castrol, General Electric, John Deere, etc.

During NITIE Mumbai Summer Internship Placements 2023, 494 students received internship offers. The highest stipend stood at INR 3.50 Lakhs per month, the average stipend stood at INR 1.85 Lakhs per month & the median stipend stood at INR 2 Lakhs per month.

Students received internship offers from sectors like BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce etc.

The placement drive engaged 128 recruiters & among these recruiters 21 were first - time recruiters. Some of the top recruiters included Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited, HUL, American Express etc.

Also check NITIE Mumbai Ranking

NITIE Mumbai Summer Internship Placements 2023 Sector - Wise

The below table represents the sector - wise statistics of NITIE Mumbai Summer Internship Placements 2023:

Sector Percentage of Students
FMCG 26%
Manufacturing 19%
Consulting 12%
BFSI 11%
E-Commerce 10%
Pharma 10%
Others 6%

During NITIE Mumbai Summer Internship Placements 2023, the highest number of offers came from the FMCG sector followed by the Manufacturing sector.

Also check NITIE Mumbai News & Articles

NITIE Summer Internship Placements 2023 Batch Profile

The below table represents the 2021-23 batch profile of NITIE Summer Internship Placements:

NITIE Summer Internship Placements 2023 Batch Profile

The 2021-23 batch comprised 22% freshers. Rest of the students had previous work experience. Students had work experience in sectors like SCM/Operations, IT/Analytics, Consulting, Sales & Marketing, BFSI etc.

NITIE Mumbai Alumni Network

Name of Organizations Number of Alumni
Amazon 258
NITIE Mumbai 206
Deloitte 204
Accenture 199
Procter & Gamble 185

NITIE Mumbai Placements FAQs

Ques. What was the average CTC offered during the 2022 NITIE placements?

Ans. According to media estimates, the average package provided to NITIE students in 2022 was INR 25,00,000, up 30% from 2021.

Ques. How many students were hired during the NITIE 2022 placements?

Ans. As per the latest placement statistics published by NITIE, 309 students out of 321 have been placed successfully during the NITIE placements.

Ques. Where do graduates of NITIE work?

Ans. Recent graduates and Alums of NITIE work in a variety of fields, including Engineering, Business Development, Information Technology, Consulting, Finance, Banking, and Sales.

Ques. What are the placement statistics at NITIE?

Ans. Students at NITIE have been offered an INR 25,00,000 as an average CTC whereas the Highest package stood at INR 49,00,000.

Ques. What are the Internship stats of NITIE Mumbai?

Ans. NITIE Mumbai has been able to acquire some of the best internships for its students with an average Stipend of INR 1,85,000 and the Highest stipend stood at INR 3,50,000.

Do you think the placement data is wrong ?  Report Here

IIM Mumbai Highest and Average Package

Highest Package
54 L
010.8 Lakhs21.6 Lakhs32.4 Lakhs43.2 Lakhs54.0 Lakhs

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IIM Mumbai: 53 Answered Questions

Is there same placement opportunity for placements in PGDIE, PGDPM, PGDMM? Is there 100 % placement in NITIE?

Gargi NathPGDIE from National Institute of Industrial Engineering (2017)

Yes, NITIE has a 100% placement average. But some recruiting companies prefer one batch over the others. PGDIE students usually get a better average CTC as it is the flagship course and has a larger alumni base

Here are the highlights of NITIE Mumbai Placements 2022.

  • Average CTC - INR 25.41 LPA
  • Highest CTC - INR 49 LPA

Some of the top recruiters for NITIE are Amazon, Flipkart, Deloitte, etc. 

...Read More
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Is NITIE good only for operations? How are finance placements?

Mayuri PantCompleted MBA from National Institute of Industrial Engineering in 2020

nitieNITIE is good not just for operations. There are different domains in NITIE that are open for a number of profiles. A major part is dominated by Operations followed by Consulting, Marketing, Finance, IT, etc.

If your forte is finance and has a solid background in finance, then big names such as Edelweiss, Deloitte, Axis Bank, Yes Bank, etc, will seek to hire you for roles in financial fields.

Categories NITIE Mumbai
Course Fee 12.53 - 14.63 lakh
Highest CTC 25-28 LPA
Average CTC 12-18 LPA
Recruiting Companies Dell, Amazon, Tech Mahindra, Cognizant, etc.

A total of 121 recruiters visited the campus for 2020 placements. 19 of them were first-time visitors.

...Read More
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How is the placement scenario in the PGDISEM course at NITIE?

Amul PrajapatiStudied at studied at National Institute of Industrial Engineering (2019)

NITIE is one of the most famous and reputed colleges in our country. Its flagship course PGDISEM is very popular among the students. This course offers good academics and placements. 

There are various kinds of job profiles offered to PGDISEM students such as:

  • Environment/Sustainability/Safety Manager
  • CSR Manager, Sustainability / EHS Consultant
  • Consultant (SAP – EHS)
  • Health and Well-being Manager
  • Risk Consultant
  • Green Supply Chain Management 

The students are also offered general roles such as Operations, Supply Chain, S&M, Project Management (IT), etc. 

Recent Placement Statistics 

Categories PGDISEM at NITIE Mumbai
Placement Percentage 80-90%
Highest CTC 28 LPA
Average CTC 15 LPA
Lowest CTC 6 LPA

The top recruiting companies that participate in the placement program include - Colgate, Dabur, Marico, KPMG, Johnson and Johnson, Wipro, TCS, Tata Steel, Hindustan Unilever, etc.

Hence, the placement scenario of the PGDISEM course at NITIE is very good, as students are being offered very good packages from top companies. 

...Read More
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Is NITIE the same level in terms of placement like FMS?

Akriti Banerjeelives in New Delhi

Here is the comparison between the latest placement statistics of NITIE and FMS.

Particulars 

NITIE 

FMS

Highest CTC 

INR 78.20 LPA

INR 1.23 CPA

Average CTC 

INR 25.27 LPA

INR 34.1 LPA

Top Recruiters 

Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited(2022)

Accenture Strategy, Airtel, Amazon American Express, Bain & Co, BCG, etc

Both FMS and NITIE give an edge to each other in terms of placements with FMS having a slight advantage over FMS.

...Read More
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What is the placement scenario of NITIE Mumbai?

Epil Gagrai

During the 2024 placement drive at IIM Mumbai, there has been a 20% jump in the number of recruiters. Many companies participated for the first time including the tech giants like Microsoft and Goldman Sachs. Microsoft made the offer with the highest CTC of INR 51 Lakhs. The average package stood at INR 31 Lakhs. 

During 2023, the highest package was INR 78.2 Lakhs and the average package was INR 27.57 Lakhs. A total of 161 recruiters participated which also included 46 new recruiters and made offers to 129 students. Most of the offers were mainly from the consulting sector. Some of the major recruiters were Apple, Wipro, Accenture Strategy, Zepto, etc.

...Read More
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What is the future after you are placed from the NITIE Mumbai (PGDIE)? Is growth better in a mechanical core job or an industrial engineer job?

Pravin GirdharStudied at National Institute of Industrial Engineering (2019)

The Post Graduate Diploma in Industrial Engineering (PGDIE) course offered by NITIE Mumbai is a management-level course. So growth opportunities are very good. 

  • NITIE Mumbai will definitely offer you a very good opportunity to work with some of the biggest companies in India. 
  • These companies include HUL, ITC Ltd., Amazon, P&G, KPMG, Deloitte, and many other nationalized and private banks as well as other financial institutions.
  • It then depends on your own performance how you utilize them and go up the ladder. 
Categories PGDIE at NITIE Mumbai
Highest CTC 36-39 LPA
Average CTC 25-26 LPA
Lowest CTC 8-12 LPA

As this is a management level program it does not really matter whether you are from mechanical engineering or industrial engineering or some other. The college gives equal opportunities to all. After you reach a certain level, technical expertise becomes less and less relevant.

...Read More
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Do freshers at NITIE get placement packages as good as work-experienced people?

Vikas GuptaStudied PGDIE from National Institute of Industrial Engineering (2017)

Placement opportunities and good placement packages depend on your abilities and skills. At NITIE, freshers and experienced candidates receive equal opportunities. 

Placement packages depend on the type of job and the company. For instance, FMCG companies prefer freshers over experienced candidates. While consultant profiles are best suited for experienced people. They do not offer packages as good as FMCG companies.

However, placements depend on your hard work and the skills with which you prepare for it. It is always a benefit to adding work experience to your CV as it increases placement opportunities.

For the recent placement season, 30% of the batch had work experience of 25-36 months, 38% with 1-24 months work experience, and 31% of the batch were freshers. Highest CTC increased to 46.5 LPA and the average domestic salary increased to 20.5 LPA.

...Read More
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Is it worthy to take admission for PGDPM at NITIE, Mumbai? What are the placement opportunities for it?

Juhi GillPGDIM from National Institute of Industrial Engineering (2019)

PGDPM program is for those students who want to make their career either in the business or technical field or in a new field of expertise and move into project management. This course is suitable for both students with or without work experience. 

  • This course provides the necessary skills that blend with other management skills. 
  • Its focus is to provide professional techniques to the students for executing projects and programs. 
  • This course also provides the students with methodologies and systematic approaches, required for solving industry-related problems. 
  • The placement opportunities available for this course are excellent as a lot of companies visit the campus for interviews. 
Categories PGDPM at NITIE Mumbai
Course Fee 12.53 lakhs
Highest CTC 29 LPA
Average CTC 16 LPA
Recruiting Companies Deloitte, ICICI Bank, Aditya Birla, P&G, etc.

The PGDPM graduates get many career opportunities from industries like Manufacturing, Oil & Gas, Construction, Utilities, Finance & Insurance, Information Services, and Business Services.

Hence, PGDPM is a very good course to pursue, and the placement opportunities available in this field are really good. 

...Read More
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Is there anyone who remains unplaced from old IIM, XLRI, FMS Delhi, and NITIE? Is it possible to be?

Hira RamchandaniMBA in Human Resources & Strategy, Xavier School of Management (Graduated 2011)

Top B-Schools have created an Invincible persona and have successfully marketed it over the years; however, there is now a demand-supply mismatch, with seats at all B-Schools almost doubling or tripling in the last decade, and a slew of new IIMs or branches of top colleges such as MDI Murshidabad, IIFT Kolkata, NITIE, FMS Delhi, and XLRI Delhi. The colleges will suffer as a result of the lack of job offers from top companies. The only increase can be attributed to recently funded startups that have started hiring from these colleges by offering outrageous packages.

There are students who are unable to be placed during the normal Summers / Finals process, but these colleges use their star alumni base to place the remaining 5-8 students in companies cofounded by the alums or through alums who have been placed in top positions in traditional corporates.

...Read More
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Should I join NITIE PGDIM as a fresher with no work experience? What is the scenario of placements for freshers at NITIE? Should I write the CAT again?

Shivani ChaturvediStudied at National Institute of Industrial Engineering

You can definitely join NITIE as a fresher. You will have ample learning and placement opportunities at NITIE. 

NITIE has placements at par with any other B school in India. NITIE is one of very few B-schools that conduct separate lateral and common placement processes for experienced and fresher. Also, NITIE has a magnificent ROI.

In case your academic record is not good and you have no prior work experience then it’s better to join a job and prepare for next year’s CAT. You can’t improve your academics but this way, you can improve your overall profile. 

So, choose the option that suits you best. 

...Read More
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View All Questions and Answers

Frequently Visited Companies

Companies
Aditya Birla GroupAmazonBain & Company India Private LimitedCognizant
CypressErnst & YoungFlipkartFutures First
IBMInfosysJohnson & JohnsonJP Morgan Chase & Co.
Mahindra & MahindraMaruti SuzukiMcKinsey & CoOracle
Ranbaxy LaboratoriesReliance Industries Limited [RIL]Bosch LimitedSAP
SchlumbergerTata MotorsTexas InstrumentVoltas

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