In a simplified way, it is often said that IIM Lucknow is better and a lot of factors are in favor. However, both NITIE and IIM Lucknow have their fair share of advantages. 

• NITIE is comparably old and has a strong and wide alumni base. And as a student, the alumni base of any college helps immensely. 
• NITIE has a tag of “Mecca for OPS and SCM”. The students in NITIE get job roles in OPS and SCM which sometimes aren't even offered in the big 3 IIMs as per their alumni. So if you are interested in OPS or SCM then they should opt for NITIE. NITIE is a far better choice for Operations and SCM in terms of the course fee, placements, environment, etc. 

Here is a brief comparison of the two institutes. 

Else wise, you can go for IIM L.

NITIE Mumbai is famous for its PG courses in India. It is known as one of the best management institutes in the country. 

For PGDIE, the candidates have to meet the eligibility criteria and clear the GATE cut-off for the institute. However, the course is worth investing in it. The companies that come for recruitment on campus drive are P&G, L&T, Mahindra and Mahindra, Amazon, ITC, HUL, KPMG, Deloitte, Colgate, Dabur, and more.

The recent placement statistics are below.

Your starting salary will depend on your recruiting company and your job profile. It can be as high as 25 LPA. It can also be in the range of 7-8 LPA. On average, you can expect a salary package of around 20 LPA. 

Let me share one of my friend’s experiences, he was in a similar situation like this. These are his views on the job at IOCL. It may differ according to every individual and many may not agree to the points.

• The quality of work he was given was not something that appealed to him. He was doing mostly administrative and general management work which did not fulfill his needs.
• Even though you will think that being a PSU does not have any pressure, you are quite wrong. He was in the marketing division and it was really hectic.
• Most importantly, his career was mostly in the hands of his seniors and those with a good lobbying power were more favored. 
• It is not that the same thing does not happen in private sectors, but there is always an option to quit another company in the same sector. Sadly that is not possible in the oil and gas sector.
• Promotions at PSUs are based on time and experience rather than merit. The more time you spend with the company, the more rewarding it is for you. 
• Thus you can see even ITI degree holders at the top management of IOCL. This is not the best form of governance.
• The compensation initially may look very attractive. But later on you will realize that it is actually quite less compared to industry standards.

So according to him, he felt like he was not learning anything new and was stuck in the same position for years. After joining NITIE Mumbai he got to learn a lot more. It will progress his career leaps and bounds.

This depends entirely upon you and how you want your career to be shaped. Still it is suggested that you take a few important things into account before coming to a conclusion.

Your Financial Establishment:

• Several GATE qualifiers secure scholarships at NITIE. 
• The fee structure is 8000 per month. 
• Other than that, you can also have access to several loan facilities, making your financing quite easier than anticipated. 
• Since the course is 2 years long, it can be easily affordable.

Your Salary Package:

• A reasonable salary package of a good profile at NITIE Mumbai can range anywhere around INR 12 LPA. 
• It will be closely similar to the increments you receive after about 2 years. However, it all depends upon your growth and how you tackle your work life.

Your Interests:

• It depends upon whether or not you are interested in Management or Core Technology. 
• NITIE Mumbai will essentially incorporate you in several managerial roles, and will not mostly include any technical ones. 
• Most importantly, a product engineer or technologist with a constant 2 years of experience definitely is preferred more than others. 
• Apart from that, you need to be excellent with handling technology. 
• That being said, if you secure a similar role at NITIE, then you should go for it nonetheless.

Exposure and Experience:

• Since the course you will pursue at NITIE, Mumbai is more promising, it will fetch you a good amount of exposure. 
• In fact, it will enhance your confidence level by the end of the course. 
• Most essentially, you will secure cross functional exposure.

This is all that you should be aware of. It is suggested that you take the decision wisely because both of them are good choices nonetheless. 

Although there has been an increase in the fees since last year, the placement packages offered to suffice for that hike in fees. The average package ranges around 19.8 LPA and the highest package around 58.2 LPA which covers the fees hike. 

It has highlighted the ROI factor as well. Moreover, NITIE’s fee structure is quite less in comparison to other MBA colleges. Therefore, it would be a safe option to enroll at NITIE by taking a loan.

A student loan can be easily be arranged. You can take a loan from SBI NITIE Branch with an interest rate of 8.7%. The Canara Bank provides a loan with an interest of 8.7% as well.

It is definitely not necessary for you to have experience before pursuing PGDIE from NITIE. If you are getting any opportunity to pursue PGDIE just after your BTech degree then you should definitely join it.

Generally, most of the students prefer to do an MBA program after 2-3 years of work experience. And this is because most people don’t have a clear idea about their future and after working for years they realize the importance of management in the industry. So, whether you should join or not is up to you. Having working experience will definitely make your profile better. So, choose according to your convenience.

While talking about NITIE Mumbai there is no doubt how well the college is and how enormously it is known for its courses offered for MBA and its placement reports. 

It is doing really well in all its five courses offered. The students passing out from NITIE Mumbai are well skilled and flourished.

The academic history of a student matters while placements at NITIE for industrial engineering. It plays a key role in defining your skillset. This is the reason why weightage is given to your academics right from the time of admission. 

In addition to it, GD and Interview rounds are also held so that your academics do not solely define who you are.

Once you have made it into NITIE it is assured that you have the capability of making it huge. NITIE is doing really well in all its major fields and if you are hardworking and honest with your studies and work you will land on the best.