One of the main reasons why NITIE is preferred over IITs and PSUs is that it provides placement at a higher package than any PSU.
In the case of IITB, if the branch in question is CS, M.Tech is unquestionably superior, given the tremendous growth expected in this sector in the coming years.
One of my friends graduated from NITIE. According to him, being shortlisted from NITIE depends on several factors. Let me share the ones I got to know about.
Keep a check on the waitlists. After the first-round selection, a lot of students tend to leave NITIE for other options. At this moment you can get selected.
IIM Mumbai charges INR 21 Lakhs for the flagship MBA program for 2 years. It includes all the charges including INR 18 Lakhs tuition fees, hostel charges, alumni fees, and caution deposits.
For other MBA courses i.e. MBA in Operations and Supply Chain Management, the fees is INR 17 Lakhs for 2 years. The fees for an MBA in Sustainability Management is INR 20.48 Lakhs. The candidates should know that the fees are subject to change every year by around 10% - 20%. IIM Mumbai also offers various scholarships and financial aid to the eligible students to help reduce the financial burden of MBA pursuing students.
During NITIE Mumbai placements in 2022, 107 companies visited the campus and 157 PPOs were offered. Furthermore, during NITIE Mumbai placements 2022, the highest and average packages offered were INR 49 LPA and INR 25.4 LPA, respectively. Leading companies such as Accenture, Amazon, and HUL were among the top NITIE Mumbai recruiters in 2022.
Many students, particularly in PGDIE and PGDMM, left/left the college after being placed in PSU in the first year. Even in the PGDIM, many students leave/leave for higher-ranked colleges if they are on a waiting list. Since its inception, it has been 100% successful in terms of placement.
To secure admission to top MBA institutes in India, you should aim for CAT percentiles from 85 onwards. Here's the order of the institutes you should target in descending order - IIM K with 97+ percentile, MDI with 96+, IMT Ghaziabad with 90+, SPJain with 85+, and NITIE with as high as possible sectional-wise.
Even though SPJain is a premier institute, it gives a call from the 85 percentile onward, since they focus on overall values that an individual possesses and want students with more values in them. They have 2 group interviews, so they follow a rejection procedure.
NITIE has a sectional cutoff, so it's advisable to have as high as possible sectional-wise, as many people with an overall CAT percentile in the range of 97-98 were not selected in either of their 2 programs(PGDM and PGDIESM) in 2016.
IIM K also has a sectional cutoff of 90+, so it's important to score well in each section.
It's worth noting that these institutes do not have a sectional cutoff, but it's always advisable to have a 90+ sectional percentile to be on the safer side. Aim for high percentile and sectional scores to improve your chances of securing a seat in these prestigious institutes.
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.
Coming from a mechanical background, I can assure you that you will find a lot of opportunities in your desired field of interest. Your chances of getting placed with a manufacturing firm or an FMCG are higher.
If you get placed in a manufacturing firm or an FMCG or any e-commerce company, you will get jobs offering planning roles.
NITIE attracts a lot of consulting and manufacturing firms. To be honest, the only college where you will find manufacturing firms offering SCM roles is NITIE. In addition to that, NITIE is the best in providing roles related to demand planning, forecasting, and similar job profiles in an FMCG firm.
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.
It is subjective and it completely depends on your goals and your preferences, and how much the IIM tag matters to you. If you are really keen and want to have a career in operations and especially supply chain management then you can/should go for NITIE.
For all other streams go for IIM-I without any second thought. The placement is good there even with the big batch size and all, and why consider yourself at the bottom of the batch before even entering the institution? Even if you are able to keep yourself in the top 50 percent you will get a good and lucrative job and package.
Below is a table comparing the two on the basis of fees, and packages;
B-School |
Fees |
Average Salary Package |
Median Package |
Highest Salary Package |
NITIE Mumbai |
INR 17.31 lakhs |
INR 25.27 LPA |
INR 22 LPA |
INR 78.20 LPA |
IIM Indore |
INR 21.05 lakhs |
INR 30.21 LPA |
INR 27.2 LPA |
INR 1.14 CPA |
And the Average Package of the top 50% of the batch INR 34.04 LPA (NITIE)
You should join NITIE. Although it is mostly known for Supply Chain and Operations, it offers good opportunities in other industries as well. NITIE placements trends reveal that recruiters from FMCGs, BFSI, consulting sector, and IT/E-commerce also visit the campus placements. So, you will have better chances of landing a job in a leading company. According to the placements highlights of 2022, the average CTC for NITIE stood around INR 25 LPA.
IIM Indore has a huge batch size. While the batch size of NITIE is concise, students get the required attention from teachers. The location of NITIE is also favorable. Doing an MBA from Mumbai will definitely help you get good internship and placement opportunities.