Highest salary in E-commerce sector | NITIE Mumbai Placement Report 2019

NITIE Mumbai placement saw a successful year with a 100% placement record and a hike in the average salary offered. The batch size was significantly large (number revealed below) and a good number of them received pre-placement offers, too. A detailed report follows.

• The highest salary stood at INR 46.50 LPA, the average salary rose to INR 19.77 LPA, and the median salary also rose to INR 19.12 LPA.

• The highest salary was offered in the Retail/ E-commerce sector.

• Combinedly, 111 offers were offered in the Consulting and IT/ Analytics domain.

• 182 offers were made in the Supply Chain and Operations domain.

• The no. of Sales and Marketing profiles offered also increased.

• The visiting Finance companies offered 50+ roles, affirming their faith in NITIE’s education.

Overview

Yes, 384 out of 384 students were placed, leading to 100% placement. The average salary received by different segments of the placed batch were:

[caption id="attachment_6877" align="aligncenter" width="615"] Source: https://www.nitie.edu/Press%20Release%20NITIE%20Placements.pdf[/caption]

The fact that the top 10% placed students managed to bag average placement offers of INR 30 lakhs was a matter of pride for both the students and the faculty.

Domain-wise breakdown

Here is a graphical representation of the average and the highest salary offered (in LPA) in each domain:

[caption id="attachment_6873" align="aligncenter" width="605"] Source: https://www.nitie.edu/Press%20Release%20NITIE%20Placements.pdf[/caption]

The numbers significantly shoot up for the Retail/ E-commerce sector. Companies like ABFRL, Amazon, FirstCry, Flipkart, Metro Cash & Carry, and others rolled out generous offers in this domain.

The Retail/ E-commerce domain was followed (but not too closely) by the Consulting domain where the highest salary was INR 31.5 LPA. This was thanks to big names like Accenture Operations, Accenture Strategy, Brillio, Bristlecone, Capgemini, etc.

3rd in line to offer the highest salary was FMCG. INR 23.8 LPA was the average salary after companies like Ab InBev, Britannia, Colgate-Palmolive, Dabur, Del Monte, GCPL, HCCB, HUL, and others were done rolling out offers.

In the BFSI sector, Aditya Birla Capital, Edelweiss, Fidelity Investments, ICICI Bank, Kotak Mahindra Bank, Royal Sundaram, TATA AIG, and YES BANK made offers, capping the highest salary at INR 26.2 LPA.

The manufacturing sector had visits from companies like Asian Paints, ATG, Avery Dennison, Castrol, CGCEL, and many others. Consequently, the average salary came to about INR 22.4 LPA.

Close on the heels of the Manufacturing sector was the IT/ Analytics one with offers by Capgemini, Enphase Energy, General Electric, IBM, Infosys, ITC, etc.

Lastly, Pharma & Healthcare domain was populated by offers from Abbott, Cipla, Dr. Reddy's, Episource, Fresenius Medical Care.

Apart from the aforementioned domains, other offers were made by Airtel, ACT Fibernet, Bajaj Electricals, Bizongo, Freight Tiger, Honeywell, Kalpataru, Landmark, OYO Rooms, Tata Sky, VSSI.

The below pie chart represents the percentage of the batch that was offered roles in different domains.

[caption id="attachment_6872" align="aligncenter" width="457"] Source: https://www.nitie.edu/Press%20Release%20NITIE%20Placements.pdf[/caption]

Comparative Analysis

Comparing the placement process of 2018 with this year’s on the basis of various parameters, we get the following data:

While there was a decrease in the number of visiting companies, many students had already secured offers during their internships. This translated into an increase in the number of PPOs. Apart from this, only the average salary showed a positive trend.

The NITIE Mumbai placement process turned out to be lukewarm in some regards. Here’s hoping that the next one goes out with a bang!

Sources: Press Release, Placement Report 2019