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 pros and cons of the National Institute of Industrial Engineering (NITIE) are as follows.
Pros:
Location: NITIE Mumbai is located in the industrial hub of the country, Mumbai. This provides the students with a lot of options to explore and learn.
Alumni base: Like other famous B-schools like IIM A, B, C, FMS, XLRI, etc, NITIE, too, has a strong alumni background with students working worldwide. A large number of NITIE alumni are VPs, CXOs and even some are owners of their own start-ups with great ideas. The alumni of the institute visit the campus often for alumni talks.
B-School Challenges: NITIE students are well known for their participation in B-school challenges. In the past, students have participated in competitions like HUL Lime, ITC InterroBang, DCB, Aviva, etc. The success rate of NITIE students in these sorts of competitions is pretty high and it becomes an interesting learning experience.
Peer-Group: Anyone joining NITIE is surrounded by experienced people in-between the age group of 21-29. Which gives an opportunity for good peer-learning as many students have experience in the industry.
Placement: The placement rate of the institute is 100% with an average CTC around 20 LPA. It is somewhat considered as the most recognized B-school for Supply Chain and Operations. Even IT placements have seen a surge in recent years.
Cons:
There is a lack of diversity in NITIE and most of the students are engineers. Also, there is high gender diversity, around 8-10% of girls opt for a management degree in NITIE.
NITIE is not preferred to those candidates, who want to pursue a specialization in Finance and HR, as it is a new branch and is still in the initial stages.
The brand-name of NITIE is not as reputed as IIMs, XLRI, etc, and the brand recognition is limited to the corporate world.
The pros outweigh the cons for NITIE. Although it is not as recognized, NITIE is one of the top B-School in the country with a NIRF ranking of 12 for MBA.
The required GATE cutoff for PGDIE, PGDMM, and PGDPM for the academic year 2020-2022 was as follows.
Category | PGDIE | PGDMM | PGDPM |
General | 75 | 173 | 167 |
EWS | 21 | 36 | 38 |
OBC | 61 | 92 | 101 |
SC | 28 | 41 | 47 |
ST | 14 | 20 | 19 |
Physically Disabled | 2 | - | - |
Students who are shortlisted need to appear in group discussion and personal interview for final selection.
The most important thing you should know is which course will prove to be better for your career, rather than which is the best overall. As some of my friends are from NITIE Mumbai, I can give you a bit of information about PGDIE and PGDIM.
Therefore, it is suggested that you opt for the one that suits you the best. Ask yourself where your passion lies and will a management course or a technical course be beneficial for you.
Life post-MBA from top B-Schools such as FMS, XLRI, MDI, NITIE, JBIMS, and SP Jain for most people is comfortable, because of decent pay packages and perks. Most alumni of these institutes are placed in companies and sectors of their choice. Here are the recent placement highlights for these institutes.
Institute | Average CTC (in INR) | Highest CTC (in INR) |
FMS | 32.4 LPA | 58 LPA |
XLRI | 30.78 LPA | 60+ LPA |
MDI | 26.07 LPA | 1.14 CPA |
NITIE | 25.41 LPA | 49 LPA |
SP Jain | 26.06 LPA | 46.65 LPA |
JBIMS | 27.63 LPA | 42 LPA |
Achieving a work-life balance can be difficult. However, doing MBA from these institutes will certainly teach you how to handle the pressure of professional life.
NITIE CAT cutoff for 2021 was 97 for PGDIM and 86 for PGDSM. Here are the cutoff details.
Category | PGDIM | PGDSM |
General | 97 | 86 |
OBC | 65 | 75 |
SC | 65 | 65 |
ST | 65 | 65 |
Physically Disabled | 75 | 75 |
MDI Gurgaon CAT cutoff stays around 94 percentile for general category students. As per the trends of last few years, MDI CAT cutoff in 2022 is expected to be around 94.93 percentile.
The required GATE cutoff varies each year. NITIE Mumbai GATE cutoff 2021 was 609 for general category students. A GATE score of in the 600-700 band is considered to be safe.
The second step of the selection process is GD-PI. This round depends on your profile and the way you will drive the interview. The institute assigns some weightage to the profile of the students for selection as well. But the percentage isn’t disclosed.
PGDIE opens various opportunities in different areas like industrial engineering, industrial design, Supply chain, and operations management. After completion of this course, you can expect yourself to be working at one of the top companies in India.
Most of my friends got placed in an FMCG company and are currently working in different domains. You will be given challenging projects every now and then. This will groom you for a business scenario. A good college will not guarantee a high-paying job in a top company, but it will only provide you with the best academics and exposure you will need in securing that job.
Working in an FMCG company will make your presence realize whenever you find your designed product in a supermarket. You will work hard enough to deliver the right product at right time.
Maintain very good academic records and prepare hard enough to get a job in a top company that offers very good opportunities and facilities to its employees, then your life after PGDIE can be great.
As far as I know, if you have a score of 750 or higher, you will be contacted for an interview. For admission to NITIE, you have to pass the Group Discussion (GD) and Personal Interview (PI).
If you fall into one of the reserved categories, your required score will be lower in order to be called in for an interview.
NITIE Cutoff for GATE (Expected) –
Category | GATE Cutoff Scores |
General | 720 to 760 + |
OBC NCL | 550+ |
SC | 500+ |
ST | 420+ |
Placements for all courses are good in my opinion. You can also check out the official website for more specific information.
To get admission in NITIE, a minimum of 65% and above is required in your graduation with a valid GATE score. Keep in mind that the GATE score is not the only deciding factor in getting admissions here.
NITIE Mumbai selects candidates considering 10th marks, 12th marks, CGPA, internships, work experience, extra-curricular activities, GD, interviews as well apart from the GATE scores.
Check the following table for GATE score required in NITIE Mumbai:
Categories | GATE Score |
General | 609 |
OBC | 473 |
SC | 345 |
ST | 317 |
Physically Disabled | 473 |
Focus on acing your GATE so that everything works out in your favor. It carries a weightage of 35% for your final selection.