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How are SPJIMR operations compared to NITIE operations in terms of placements, alumni, and teaching?
When it comes to operations, NITIE is unbeatable compared to SPJAIN for at least the next ten years, and the same is true for finance and marketing, as NITIE cannot beat SPJIMR for the next decade. Here are some reasons to consider:
- Placements: If you're an operations graduate, NITIE has every recruiter you could possibly want, giving you more options to select the profile you want. Additionally, the average package is higher in SPJMIR, but that's due to factors such as batch strength with no reservation and the ability of private institutes to do more than government institutes. Overall, NITIE is the best choice for placement based on operations.
- Alumni: NITIE has a legacy of producing excellent graduates, and you'll find NITIE alumni at virtually every company.
- Teaching: SPJIMR has better professors for general courses, but NITIE has exceptional professors for operations elective courses. Ultimately, both are equivalent, and it comes down to how many case studies you complete.
- Diversity: NITIE only has engineers, while SPJIMR has a more vibrant crowd. Therefore, SPJIMR has the advantage in this area.
- ROI: Return on investment is the most important criterion when choosing a college. NITIE has the best ROI after FMS, making it an obvious choice. Big loans can drag down your package by 5-6 L a year, which is not worth it.
- Campus life: While my knowledge about this factor is limited, I have heard that SPJIMR doesn't have a proper campus and shares it with other colleges. NITIE has a larger and better campus, especially for nightlife.
Overall, NITIE is a much better option than SPJIMR for operations and as a college in general. While SPJIMR has excellent marketing strategies, factors such as GFT and Rural internships are just gimmicks to bring the college into the top 10. Additionally, SPJIMR began inflating their placement reports due to institutes like MDI doing the same. It's essential to check the data for yourself and not settle for others' beliefs, as everyone has their own. NITIE is relatively unknown due to being a government institute that cannot advertise like SPJIMR or MDI. Additionally, the operation is not as prestigious a stream as finance and marketing in the corporate world, giving NITIE a bad reputation. However, NITIE is the clear choice for operations, and you should do your research and make an informed decision.
How is the placement scenario for the finance and marketing domains at NITIE?
NITIE is not visited by many companies with dedicated Marketing and Finance profiles.
It is a richer option for SCM, Operations, and IT management placements.
It is the leading name in supply chain management.
Only freshers are offered marketing profiles. The FMCGs offer profiles that are somewhat related to marketing (thus not fully dedicated to marketing).
Corporate finance profiles, Investment banking positions, or Banking firm positions are offered in finance. Banking firms do visit NITIE with good finance placements, for both freshers and experienced candidates. These finance placements offer good packages. However, the placement figure is much lower as compared to JBIMS and IIMC.
Here is the NITIE Placement record for Banking, Finance, and Insurance sectors:
|
YEAR |
PLACEMENT PERCENTAGE |
|
2022 |
8% |
|
2023 |
11% |
Students at NITIE are mostly not interested in a Finance Career. Most belong to an engineering background, almost none have a finance background. Very few students at NITIE have CFA certifications. The finance faculty is not as good as IIMs. A CFA certification is a must if you want to secure a finance position. Mostly, you are on your own.
This is the reason why recruiters seldom come to NITIE for finance and marketing positions.
Who are some of the famous alumni of NITIE Mumbai?
Here’s mentioning some of the famous alumni of NITIE Mumbai are:
- A.S. Viswanathan, (1978) : Chairman at Team ASV Consultants.
- Akhilesh Tuteja, (1998) : Global Head - Cyber Security Consulting, India Head - Digital Consulting (KPMG).
- Amitava Mondal, (1981) : Founder, Managing Partner & CEO at Envision Advisor LLP.
- Ananthram Kini, (1980) : Project Manager at Indian Institute of Technology, Bombay.
- Ashish Mendiratta, (1989) : Founder at SIMSA.
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