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.
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Table of Content
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
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.
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
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.
The below table represents the batch profile of NITIE Mumbai Placements 2022:
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.
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
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
The below table represents the 2021-23 batch profile of NITIE Summer Internship Placements:
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.
Name of Organizations | Number of Alumni |
---|---|
Amazon | 258 |
NITIE Mumbai | 206 |
Deloitte | 204 |
Accenture | 199 |
Procter & Gamble | 185 |
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.
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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.
Some of the top recruiters for NITIE are Amazon, Flipkart, Deloitte, etc.
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.
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:
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.
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.
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.
The Post Graduate Diploma in Industrial Engineering (PGDIE) course offered by NITIE Mumbai is a management-level course. So growth opportunities are very good.
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.
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.
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.
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.
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.
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.
Companies | |||
---|---|---|---|
Aditya Birla Group | Amazon | Bain & Company India Private Limited | Cognizant |
Cypress | Ernst & Young | Flipkart | Futures First |
IBM | Infosys | Johnson & Johnson | JP Morgan Chase & Co. |
Mahindra & Mahindra | Maruti Suzuki | McKinsey & Co | Oracle |
Ranbaxy Laboratories | Reliance Industries Limited [RIL] | Bosch Limited | SAP |
Schlumberger | Tata Motors | Texas Instrument | Voltas |
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