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NITIE Mumbai Placements 2023: Average Package: INR 27.75 LPA & Highest Package: INR 78.20 LPA

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NITIE Mumbai Placements 2023: Average Package: INR 27.75 LPA & Highest Package: INR 78.20 LPA

Important Updates for

IIM Mumbai - Indian Institute of Management (IIM Mumbai) is a renowned institution situated in the vibrant city of Mumbai, within the state of Maharashtra. As a leading college in the field of Management, it has carved a niche for itself in the category. Admission to IIM Mumbai - Indian Institute of Management is highly competitive, primarily determined through the exam, ensuring that only the most dedicated and talented students become part of its community.

With an outstanding review rating of based on reviews, IIM Mumbai - Indian Institute of Management is celebrated for its academic excellence, state-of-the-art facilities, and vibrant campus life. The college's commitment to providing quality education is reflected in the impressive career prospects of its graduates. Alumni of IIM Mumbai - Indian Institute of Management command an average salary of ₹ 27.75 Lakhs, with the highest reported salary reaching an impressive ₹ 78.2 Lakhs.

visit their official website: Read more.

 

Master of Business Administration [MBA] General offered by Master of Business Administration [MBA] (MBA) is an esteemed program known for its comprehensive curriculum and academic excellence. The program spans over 2 Years, providing students with a thorough understanding and in-depth knowledge in the respective field.

With a notable review rating of based on reviews, this program is highly regarded by students and professionals alike. Admission to the program requires Graduation with 50%, ensuring that only the most qualified candidates are selected.

The program operates on a  basis, with the commencing on and concluding on . The fee structure is designed to be competitive and value for money, with an annual fee of ₹ 21 Lakhs/Yr and a total program fee of .

Master of Business Administration [MBA] General at Master of Business Administration [MBA] () is a highly sought-after program, with admissions being extremely competitive. One of the key criteria for admission is the CAT cutoff scores, which are released annually. For the year 2023, the percentile cutoff was announced in 1.

The cutoff scores vary based on several factors, including General, , {cutoff_section}, and . For the General category, under the quota, the cutoff score in the {cutoff_section} section for candidates was 97.0000000. The cutoff scores were applicable from 97.0000000 to .

These cutoffs ensure that Master of Business Administration [MBA] maintains its high standards by selecting only the best candidates. Prospective students aiming to join Master of Business Administration [MBA] General at Master of Business Administration [MBA] must therefore strive to meet or exceed these rigorous requirements to secure their place in this prestigious program.

IIM Mumbai - Indian Institute of Management (IIM Mumbai) has garnered significant recognition in the academic world, as evidenced by its rankings. According to NIRF, in the year 2023, IIM Mumbai - Indian Institute of Management achieved a remarkable ranking at the National level in the postgraduate category. This ranking, specifically in the type and full time program type, highlights the college's excellence among 100 participating institutions.

The ranking is based on a rigorous evaluation process, with a focus on number and categorized under . IIM Mumbai - Indian Institute of Management received an impressive score of 7, reflecting its outstanding performance in various parameters.

Such accolades underscore IIM Mumbai - Indian Institute of Management's commitment to providing high-quality education and fostering an environment of academic excellence. For more information about IIM Mumbai - Indian Institute of Management and its achievements, visit their official website: https://stage.zollege.in/college/173773-iim-mumbai-indian-institute-of-management-mumbai.

NITIE Mumbai Placements 2023 has been concluded. NITIE Mumbai highest package stood at INR 78.20 LPA whereas NITIE Mumbai average package stood at INR 27.75 LPA. A total of 161 recruiters including 46 recruiters participated in NITIE Mumbai Placements 2023. 

NITIE Mumbai Summer Internship Placements 2023 has been concluded with 494 placements. NITIE Mumbai highest stipend stood at INR 3.50 Lakhs per month while NITIE Mumbai average stipend stood at INR 1.85 Lakhs per month.

To know more click here NITIE Mumbai Courses & Fees

NITIE Mumbai Placements 2023 Report

Particulars Placements Statistics 2023 Placements Statistics 2022 Placements Statistics 2021
No. of Recruiters 161 107 125
First - Time Recruiters 46 23 36
No. of Students Placed - 468 -
Number of PPOs - 157 132
Highest CTC INR 78.20 LPA INR. 49 LPA INR 44 LPA
Average CTC INR 25.27 LPA INR. 25.4 LPA INR 19.5 LPA
Median CTC - INR 22 LPA INR 18 LPA
Average Package of the top 25% of the batch - INR 39 LPA -
Average Package of the top 50% of the batch INR 34.04 LPA INR 31 LPA -
Placement Sectors - BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce, Consulting & BFSI
Top Companies - Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited etc. EY, IDFC First, ETLI

Also check NITIE Mumbai Cutoff

NITIE Mumbai Placements 2022 Salary Statistics

The below table represents the salary statistics of NITIE Mumbai Placements 2022:

Particulars Salary Statistics
Top 10% INR 45,37,000
Top 20% INR 38,59,000
Top 50% INR 31,34,000
Top 70% INR 28,00,000

During NITIE Mumbai Placements 2022, the average salary stood at INR 45.37 LPA for the top 10%, INR 38.59 LPA for the top 20%, INR 31.34 LPA for the top 50% & INR 28 LPA for the top 70% of the students.

NITIE Mumbai Placements 2022 Sector - Wise

The below table represents the sector - wise placement statistics of NITIE Mumbai:

Sector Percentage of Students
Consulting 35%
Manufacturing 16%
E-Commerce 13%
FMCG 10%
IT/Analytics 8%
BFSI 8%
Pharma 3%
Others 7%

During NITIE Mumbai Placements 2022, the highest number of offers came from the Consulting sector followed by the E-Commerce sector.

Also check NITIE Mumbai Admission 2023

NITIE Mumbai Placements Year - Wise Trends

The below table represents the year - wise placement trends of NITIE Mumbai:

Particulars 2020-22 2019-21 2018-20 2017-19
Highest CTC INR 49 LPA INR 44 INR 58.24 LPA INR 46.5 LPA
Average CTC INR 25.40 LPA INR 19.50 LPA INR 21.82 LPA INR 20.56 LPA

During NITIE Mumbai Placements 2022, the highest salary increased from INR 44 LPA to INR 49 LPA. The average salary also increased from INR 19.50 LPA to INR 25.40 LPA.

NITIE Mumbai Placements 2022 Top Recruiters

NITIE Mumbai Placements 2022 Top Recruiters

NITIE Mumbai Placements 2022 Batch Profile

The below table represents the batch profile of NITIE Mumbai Placements 2022:

NITIE Mumbai Placements 2022 Batch Profile

The 2020-22 batch of NITIE Mumbai comprised 25% freshers. Rest of the students had previous work experience. Students had work experience in sectors like IT/Analytics, Manufacturing, Consulting, BFSI etc.

NITIE Summer Internship Placements 2023 Report

Particulars Internship Statistics 2022 Internship Statistics 2023
No. of Recruiters - 128
No. of Students Placed - 494
First - Time Recruiters - 21
Highest Stipend INR 3.2 Lakhs per month INR. 3.50 Lakhs per month
Average Stipend INR 1.76 Lakhs per month INR 1.85 Lakhs per month
Median Stipend INR 1.80 Lakhs per month INR 2 Lakhs per month
Placement Sectors - BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce
Top Companies Capital Foods, Everest Industries, Purple, Dabur, Deloitte USI, HUL Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited, HUL, American Express, Axis Bank, ICICI Bank, IDFC First Bank, Apollo Tyres, Bajaj Auto, Castrol, General Electric, John Deere, etc.

During NITIE Mumbai Summer Internship Placements 2023, 494 students received internship offers. The highest stipend stood at INR 3.50 Lakhs per month, the average stipend stood at INR 1.85 Lakhs per month & the median stipend stood at INR 2 Lakhs per month.

Students received internship offers from sectors like BFSI, Consulting, FMCG, Manufacturing, Logistics, Pharma and Healthcare, Retail & Ecommerce etc.

The placement drive engaged 128 recruiters & among these recruiters 21 were first - time recruiters. Some of the top recruiters included Asian Paints, Britannia, Colgate-Palmolive, Dabur, Godrej Consumer Products Limited, HUL, American Express etc.

Also check NITIE Mumbai Ranking

NITIE Mumbai Summer Internship Placements 2023 Sector - Wise

The below table represents the sector - wise statistics of NITIE Mumbai Summer Internship Placements 2023:

Sector Percentage of Students
FMCG 26%
Manufacturing 19%
Consulting 12%
BFSI 11%
E-Commerce 10%
Pharma 10%
Others 6%

During NITIE Mumbai Summer Internship Placements 2023, the highest number of offers came from the FMCG sector followed by the Manufacturing sector.

Also check NITIE Mumbai News & Articles

NITIE Summer Internship Placements 2023 Batch Profile

The below table represents the 2021-23 batch profile of NITIE Summer Internship Placements:

NITIE Summer Internship Placements 2023 Batch Profile

The 2021-23 batch comprised 22% freshers. Rest of the students had previous work experience. Students had work experience in sectors like SCM/Operations, IT/Analytics, Consulting, Sales & Marketing, BFSI etc.

NITIE Mumbai Alumni Network

Name of Organizations Number of Alumni
Amazon 258
NITIE Mumbai 206
Deloitte 204
Accenture 199
Procter & Gamble 185

NITIE Mumbai Placements FAQs

Ques. What was the average CTC offered during the 2022 NITIE placements?

Ans. According to media estimates, the average package provided to NITIE students in 2022 was INR 25,00,000, up 30% from 2021.

Ques. How many students were hired during the NITIE 2022 placements?

Ans. As per the latest placement statistics published by NITIE, 309 students out of 321 have been placed successfully during the NITIE placements.

Ques. Where do graduates of NITIE work?

Ans. Recent graduates and Alums of NITIE work in a variety of fields, including Engineering, Business Development, Information Technology, Consulting, Finance, Banking, and Sales.

Ques. What are the placement statistics at NITIE?

Ans. Students at NITIE have been offered an INR 25,00,000 as an average CTC whereas the Highest package stood at INR 49,00,000.

Ques. What are the Internship stats of NITIE Mumbai?

Ans. NITIE Mumbai has been able to acquire some of the best internships for its students with an average Stipend of INR 1,85,000 and the Highest stipend stood at INR 3,50,000.


Highest and Average Packages

Highest Package78.20 L
Average Package27.75 L

frequently visited companies

Aditya Birla Group testing rootAditya Birla Group testing root
AmazonAmazon
CognizantCognizant
FlipkartFlipkart
Johnson & JohnsonJohnson & Johnson
AccentureAccenture
DeloitteDeloitte
FidelityFidelity
ITCITC
Reliance Industries Ltd.Reliance Industries Ltd.
SiemensSiemens
BristleConeBristleCone
Hindustan Unilever LimitedHindustan Unilever Limited
VodafoneVodafone
KPMGKPMG
Sterlite TechnologiesSterlite Technologies
CapgeminiCapgemini
Godrej & BoyceGodrej & Boyce
Kotak Mahindra BankKotak Mahindra Bank
Nestle IndiaNestle India
AirtelAirtel
Castrol India LtdCastrol India Ltd
Cipla LimitedCipla Limited
ICICI BankICICI Bank
Marico Industries Ltd.Marico Industries Ltd.
Larsen & Toubro LimitedLarsen & Toubro Limited
Tata AigTata Aig
Asian PaintsAsian Paints
Dabur India Ltd.Dabur India Ltd.
PWCPWC
Abbott Healthcare Pvt. Ltd.Abbott Healthcare Pvt. Ltd.
Yes BankYes Bank
Maersk SealandMaersk Sealand
Coca-ColaCoca-Cola
Dr. Reddy's LaboratoriesDr. Reddy's Laboratories
ZomatoZomato
GEP WorldwideGEP Worldwide
Oyo RoomsOyo Rooms
Rivigo LogisticsRivigo Logistics
WalmartWalmart
ACT FibernetACT Fibernet
OptumOptum
TredenceTredence
Tata SkyTata Sky
AB InBevAB InBev
Exide IndustriesExide Industries
BrillioBrillio

In News

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NITIE Mumbai Admission 2023 Open
New Delhi: NITIE Mumbai has begun the application process for admission to the PGDIM and PGDSM programme for the academic session 2023-24. Aspiring candidates can submit the online application form through the official portal, @https://www.nitie.ac.in/. The last date to apply has been extended till
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Ask your question

Answered Questions

IIM Mumbai - Indian Institute of Management: 326 answered questions

AR

Ayan Roy

24 Feb 22

Supply Chain Management deals with the flow of goods and services from external businesses or places. Operation management is the management of internal processes. The skill-sets required for SCM and Operations Management are fairly similar. Many companies have different teams or individuals that handle these areas separately. Also, for some companies, a single team or a person handles both areas. The meaning of SCM and Operations are often interchangeable. In NITIE also, they mean the same thing. 


FS

Falguni Saha

24 Feb 22

Yes, having good communication skills in English will play a major role in your selection at NITIE. You will get shortlisted based on your GATE score but the final selection depends on your performance in GD and PI as well. Communication is one of the crucial factors to have a good GD-PI performance. 


AC

Anumita Chowdhury

25 May 22

Professional life after an MBA from NITIE Mumbai can be promising and rewarding. NITIE continues to be one of the top management institute in the country. Many alumni of the institute are working as CEOs at reputed companies.NITIE Mumbai placements 2022 ended with an average CTC of INR 25.41 LPA. 


AB

Aritra Banerjee

31 Mar 22

As your 12th percentage is below 60%, you will face difficulty in getting a shortlist. NITIE selection criteria assign certain weightage to 10th and 12th scores. So, even if you get shortlisted for the GD/PI round, your 12th percentage will bring down your overall score. A person with similar GD-PI performance and a higher 12th percentage is more likely to get preference for admission.  

During the Summer internship shortlist, most recruiters usually give weightage to the 12th score. There are recruiters who don’t assign weightage to 10th and 12th scores but these are fewer in number.  


AT

Abhishek Tiwari

23 May 22

Yes, doing a PGDISEM course from NITIE is worth the investment. Even if you have only 2.8 years of work experience, you will get good placement opportunities. NITIE has a small batch size. So, every student gets good opportunities while placements.

Students from PGDISEM get recruited as Environment Health and Safety Manager, Health and Well Being Manager, Corporate Social Responsibility Manager, Risk Consultants, etc.  NITIE Mumbai placements 2022 concluded with an average CTC of INR 16 LPA. 


AA

Atmanand Anand

14 Mar 22

There are chances of good career growth after completing a post-graduate in NITIE Mumbai. The institute is well-known in the industry, especially in the field of Supply and Operations. Recruiters from many sectors visit the campus drive. 

NITIE Mumbai Placement 2021: 

Sector  Major Recruiters  Highest CTC (INR)
Operations Amazon and Asian Paint 35 LPA 
Analytics Google and Brillo 26 LPA 
Consulting  Accenture Strategy and KPMG 33 LPA 
Finance and Banking  DCB Bank and ICICI Bank  20 LPA

Your career growth after joining a job will depend on your performance and skills. It also depends a lot on the sector that you are joining. In the SCM or FMCG sector, usually, NITIE students join as management trainees or mid-management level roles. With time and exposure, you can reach the head/director level in the supply chain, operations, or procurement. 


CR

Chitra Rai

31 Mar 22

Life after completing PGDIE from NITIE can be pretty good, especially if you are joining Supply Chain Management or Operations. The institute has a stellar placement record. NITIE Mumbai placements 2021 witnessed an average CTC Of  INR 25.41 LPA and the highest CTC of INR 49 LPA. 

NITIE Mumbai alumni are MD, President, CXOs in various MNCs across the globe. 


SM

Sanskriti Muharjee

24 May 22

For PGDIM, NITIE admission is based on CAT score and performance of students in GD and PI. According to the recent cutoff trends, the recruited score is around the 97 percentile. 

You need to have completed BE/B.Tech with 60% aggregate to be eligible for the course. For final selection, students are shortlisted based on academics, work experience, extra-curricular, etc. 


SP

Subham Patra

25 Feb 22

Yes, you can use last year’s GATE score for getting admission in 3 PGD courses at NITIE Mumbai. Your GATE score will be valid for the next 3 years. So, you can apply for NITIE, within that period, with the same GATE score. You won’t have to take GATE again within the next 3 years. 


GN

Gargi Nath

11 Mar 22

Yes, NITIE has a 100% placement average. But some recruiting companies prefer one batch over the others. PGDIE students usually get a better average CTC as it is the flagship course and has a larger alumni base

Here are the highlights of NITIE Mumbai Placements 2022.

  • Average CTC - INR 25.41 LPA
  • Highest CTC - INR 49 LPA

Some of the top recruiters for NITIE are Amazon, Flipkart, Deloitte, etc. 



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