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Average package in consulting is 31 lac, For other firms 28 lac placement is there! Placements are done through campus only. Companies like Amazon, flipcart, deolite come for campus recruiting process, and100% students are getting placed here.
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The college provides placement assistance and gives 100% placement assistance. There is a dedicated committee for placements responsible for calling all the companies and discussing the compensation with them. The highest package offered is 70 lakhs per annum, and the average package is 27 lakhs per annum. A variety of companies visit campus, including companies from Consulting, Finance, HR, Marketing and Supply Chain profiles. I am planning to get a placement from college and pursue my corporate life in my area of interest.
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.
Most of the people have suggested that overall all the three colleges are good and you will not be facing any problem if you take admission in any one of them. The NITIE College is good operations management, MDI is good for General management and Human resource management and IIFT is good for International trade. So, it depends upon you which branch you are interested in.
The overall reviews of these colleges are as follows:
MDI:
NITIE:
IIFT Kolkata:
The comparison table of MDI, NITIE, and IIFT Kolkata are as follows:
MDI |
NITIE |
IIFT Kolkata |
|
Placement percentage |
100% |
100% |
100% |
Highest Package |
40.5 Lakhs |
46.50 Lakhs |
45.45 Lakhs |
Average package |
22.05 Lakhs |
20.55 Lakhs |
29.00 Lakhs |
Overall IIFT-K is only good for trade and economics. For placements in finance, marketing and consulting roles MDI is a much better college than IIFT K and for operations management, NITIE is the best.
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