Consulting Dominates At NITIE Mumbai Placement Drive 2021; Highest CTC: INR 44 LPA

Established by the Government of India in 1963, the National Institute of Industrial Engineering, (NITIE) Mumbai is one of India's top business schools and a dream institution for MBA students from all around the country. Known as the Mecca of supply chain and operations, NITIE offers worldwide recognized programs - PGDIM, PGDSM, PGDIE, Fellow, PGPEX-VLFM, and DGMP.

Located at the business center of South-East Asia, Mumbai, NITIE is known for its great alumni network and regular industry involvement, which enhances practical knowledge across all industrial disciplines. NITIE is eligible for all case study and corporate competitions conducted by business leaders like Amazon ACE, Flipkart Wired, HUL L.I.M.E, etc.

The institute concluded its final placement for the class of 2021. NITIE students have performed exceptionally by bagging a total of 132 Pre-Placement Offers from their summer internship organizations and through various B-School competitions. During the placement drive of 2021, the highest CTC stood at INR 44 LPA and the average CTC stood at INR 19.5 LPA. Students from the Class of 2021 were a perfect blend of fresh graduates and experienced professionals from diverse engineering backgrounds coming from prestigious institutes like IITs, NITs, BITS Pilani, etc.

Source - https://www.nitie.ac.in/

Key highlights of NITIE Mumbai placements 2021

The average package for the top 50%of batch: INR 24.47 LPA
The average package for the top 75% of the batch: INR 21.73 LPA
29% of the firms were first-time recruiters
Increase in average salary offered by BFSI firms: 10%
Increase in the number of offers made in Consulting: 63%
Increase in average salary offered by Retail & E-commerce firms: 14%

Participating companies

NITIE witnessed a total participation of 125 companies from more than 10 sectors in this placement session. Out of which, there were 36 first-time recruiters including AllCargo Logistics and Bain & Co.

Sector	Companies
Banking, Finance & Insurance	Axis Bank, CredAble, Edelweiss Financial Services, ETLI, Fidelity Investments, ICICI Bank, IDFC First, Kotak Mahindra Bank, MSCI, RBL Bank, Tata AIA Life Insurance, Tata AIG General Insurance, Yes Bank
Consulting	Bain & Co., Cognizant Business Consulting, Deloitte India, Deloitte USI, EY, EY GDS, Infosys Consulting, Miebach Consulting, Mckinsey & Co., Mckinsey Digital, Optum Advisory (UHG), 09 Solutions, PWC India, PWC US Advisory, Thoucentric
FMCG	AB InBev, Cargill, Colgate-Palmolive, Dabur, Del Monte, Diageo, Godrej Consumer PL, HUL, Johnson & Johnson, Mondelez, Nestle, P&G, Reckitt
IT/Technology	Birlasoft, Blume Global, Capgemini, Cisco, GE, Genpact, Hexaware, Incture Technologies, Infosys BPM, Inspirage, Loginext, LTI, Mindtree, TCS, Tredence Analytics, VMware, Wipro, Zycus
Manufacturing/Process	Asian Paints, Atomberg, Avery Dennison, Belden, Berger Paints, Bluestream, BMW, Cummins, Dalmia Bharat Group, Eaton, Everest Industries, Godrej & Boyce, Hero Motocorp, L&T, Micron, Maruti Suzuki, Pidilite, Philips, RPG, Schneider Electric, Tata Electronics, Ultratech Cements, Varroc, Vedanta, Welspun, Whirlpool, Xiaomi
Logistics	AllCargo Logistics, Delhivery, Elastic Run, Jeena & Company, Loadshare Networks, Mahindra Logistics, Shadowfax
Pharma & Healthcare	Abbott, ACG, Cipla, Dr. Reddy's Laboratories, Emcure Pharmaceuticals, GSK Consumer Healthcare, Lupin, Narayana Health, Sun Pharmaceuticals, Syngene International, Thermo Fisher Scientific, ZenoHealth
Retail & Ecommerce	ABFRL, Amazon, Bluestone, Cloudtail, Flipkart, Grofers, Landmark Group, Licious, Myntra, Page Industries, Phable, Purple, ShopKirana, Snapdeal
Others	Enphase Energy, Square Yards, HFCL, Shangrila Corporate Services, Schlumberger, TATA Sky, _VOIS

Sector-wise split up

23% of the candidates got placed in Consulting sector
The FMCG and Manufacturing sector received 22% of the total offers
14% of offers were offered each in the IT/Analytics and Retail/E-commerce sector
15% of the total offers were from the Banking, Financial Services, and Insurance (BFSI) domain

Conclusion

A total of 125 companies participated in the final placement season this year. The highest package stood at INR 44 LPA with the average package of the top 10% of the batch with INR 35.84 LPA and the top 20% of the batch with INR 31.27 LPA. The average package for the whole batch stood at INR 19.50 LPA with 28% of the batch of 2021 receiving a Pre-Placement Offer (PPO).

More from Unstop (formerly Dare2Compete)blog:

Shivangi Vatsal

Sr. Associate Content Strategist @Unstop

I am a storyteller by nature. At Unstop, I tell stories ripe with promise and inspiration, and in life, I voice out the stories of our four-legged furry friends. Providing a prospect of a good life filled with equal opportunities to students and our pawsome buddies helps me sleep better at night. And for those rainy evenings, I turn to my colors.