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.
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.
NITIE has one of the best B-school campuses in the country. It is known for Supply Chain and Operations Management. Alumni of NITIE is running the major firms of Supply Chains in the world. It has a very strong and widespread alumni network.
Following are some good points of studying at NITIE:
NITIE has consistently maintained a 100% placement record with an average salary package of around 19-20 LPA. The highest package offered goes as high as INR 55 LPA.
Giants like Amazon, Flipkart, BMW, Shell, Hindustan Unilever, Maersk, Walmart, ITC, Uber, Ola, Deloitte, E&Y, KPMG, P&G, Nestle, J&J, Yes bank, Axis bank, ICICI Bank, Airtel, Johnson & Johnson, Asian Paints, Marico, Landmark group, etc come for summer internships and final placements.
NITIE Mumbai is renowned for its program in Supply Chain and Operations Management. The alumni are currently part of significant firms across the world. The alumni base is both gigantic and spread across different parts of the world.
Apart from this, the institute has a great ROI as the course fee for a whole 2 years is almost 8 Lakhs, which is typically less as opposed to various other top B-schools. It gives a chance of lesser concerns related to the reimbursement of loans once you begin earning after completion of the course.
As one of my friends studied at NITIE Mumbai, I can share some details about the institute that stands out among others, according to them. His experience revolved around these things -
Personality Development
Culture
These are the basic elements that shape an individual's personality according to the interpersonal level.
The placement scenario for PGDIE at NITIE is outstanding as a lot of reputed companies visit the campus during placements. These include Abbott, Aditya Birla, Tata Sky, Flipkart, Accenture, Exide, Cognizant, Grofers, Ola, Cloudtail, Myntra, Marico, Reliance, Airtel and many other companies.
A total of 121 companies have visited the campus and the students have received around 130 pre-placement offers. The highest domestic package offered is 44 LPA and the average package offered is 20.85 LPA.
Most of the companies take GD first and then personal interviews, but finance and consulting companies have a different approach. They shortlist the students based on their resumes and then take their interviews. They also take an aptitude test which requires having good knowledge of the subject and decent mathematical skills.
If you have prepared hard enough to present yourself in the interviews, then you will surely get placed in a top company. You should know everything about your resume and should always answer the questions with confidence.
IIT Bombay has a brand name for engineering, but NITIE is a prominent brand name for management engineers. NITIE is anytime better than IIT Bombay. Following are the reasons for the same:
| Particulars | NITIE (PGDIM) | NITIE (PGDISEM) | IIT Bombay (MBA) |
| Fee | INR 11.33 Lakhs | INR 11.33 Lakhs | INR 13.64 Lakhs |
| Average CTC | INR 20.84 LPA | INR 16.28 LPA | INR 20 LPA |
| Highest CTC | INR 44 LPA | INR 44 LPA | INR 27 LPA |
Overall, as per the above analysis, NITIE Mumbai is a better choice. Even the return on investment is higher than IIT Bombay.
In the placement process, it is not always the B-Schools that are responsible for reporting inflated packages, but rather the companies. The figure reported by placement cells is referred to as the "Cost to Company" (CTC) and not the take-home salary. This means that simply dividing the CTC by 12 is not an accurate reflection of what you will receive in your bank account each month.
CTC consists of two main components: fixed and variable. The fixed component includes your basic salary, HRA, TA, LTA, employer's contribution to the provident fund, joining bonus, retention bonuses, and ESOPs. The variable component is based on both your performance and the company's performance and is paid out in lump sums either yearly or half-yearly.
Your take-home salary at the end of each month is calculated as basic salary + HRA + TA + other allowances - provident fund deduction - tax. The remaining amount is given to you at the end of the year. To illustrate how companies may inflate their CTC figures, here are a few examples:
Fixed component: 9 lakhs
Year 1 end retention bonus: 2 lakhs
Year 2 end retention bonus: 1.5 lakhs
ESOP: 5 lakhs to be paid over 3 years
Performance bonus: separate/not reported CTC: 17.5 lakhs
Take-home salary: 65-70k
Fixed component + Variable component: 14.5 lakhs
Relocation: 2,00,000 INR (one-time payment)
Supplemental Salary: 3,50,000 INR (supplemental salary is an accrued bonus paid out in monthly installments pro-rated from the date of joining, only applicable during the first year of joining)
CTC: 20 lakhs
Take-home salary: 95-98k
Fixed component: 9 lakhs
Variable component: 10-20% of a fixed component
CTC: 10.8 lakhs
Take-home salary: 65-68k
As seen from the examples, despite Amazon having a CTC that is double that of RBS IDC, their take-home salary is the same. This is the typical way it works. The placement teams likely do not have much control over the process.
As NITIE is a very reputed and popular college, the minimum CAT percentile required for admission is generally high. There are several factors that are considered before announcing the cut-off marks. These include - number of candidates applied for admission, the average performance of the candidates, availability of seats, etc.
Hence, the cutoff marks of CAT are very high even for OBC students to get a call from this college. You will also have to clear the Group Discussion and Personal Interview round, which is a very important part to get admission to this college.