In a simplified way, it is often said that IIM Lucknow is better and a lot of factors are in favor. However, both NITIE and IIM Lucknow have their fair share of advantages.
Here is a brief comparison of the two institutes.
Parameters | NITIE | IIM Lucknow |
Average CTC | 20 LPA | 58 LPA |
Highest CTC | 44 LPA | 23 LPA |
Major recruiters | EY, IDFC First, ETLI | Deloitte, Flipkart, Jio, Amazon |
Course Fee | 11.33 lakhs | 19.25 lakhs |
Else wise, you can go for IIM L.
A friend of mine worked with a PSU for some time and then appeared for the GATE exam and joined NITIE PGDIE. Leaving the PSU and choosing something else is a personal decision. It depends on your perspective.
In your case, joining after 7 years seems like a long-term plan. You can end up not joining any course after 7 years. So, make sure why you want to join a course after seven years, is it for the degree or salary hike.
If you are going for it for the degree then it can be done by joining any institute. There’s no need to join NITIE specifically. If you are doing it for the salary hike then too, you can join any institute. There is no differentiation based on which institute you are from, in PSUs. All the students having a Master’s degree are treated equally. Then there are options for joining private institutions such as NITIE which is a good option too.
The mark distribution listed below is rather approximate to what is usually witnessed. It generally changes from one year to another, depending on various aspects.
You should go through the previous year’s papers to acquire a clearer idea. As a GM student, you will need to score around 65 - 70 marks, or 800 to 850 in GATE to secure an interview call. Here are the expected cut-off marks of the GATE scores.
Criteria | GATE Scores |
General | 720 to 760 + |
OBC, NCL | 550 + |
SC | 500 + |
ST | 420+ |
Hope this helps answer your question.
No, it is not necessary to have work experience to get into NITIE Mumbai through GATE. NITIE Mumbai, like any other college, tries to diversify its batch so that every recruiter who visits the campus for placement gets the student profile they are looking for.
In short, you do not necessarily need work experience to get into NITIE Mumbai through GATE. But then it depends on various other factors like past academic records, GATE scores, extra-curricular activities, and many more.
There are 15 Centres of Excellence in India which includes seven IITs, old IIMs, and NITIE. NITIE is the best college to opt if you want to build a career in Operations or Supply Chain Management. It is known as the “Mecca of Supply Chain Management”. It is equally good for the Finance and Marketing domain. Here are some of the things that make NITIE stand out.
Here are the recent placement highlights for the institute.
Average CTC | 20 LPA |
Highest CTC | 44 LPA |
Top 10% student average CTC | 37 LPA |
Top 20% student average CTC | 32 LPA |
Major recruiters | Flipkart, Landmark Group, Brain & Co, etc. |
All these factors make NITIE at par with IIMs.
A few years back, one of my friends faced a similar situation as you. You should go for option 2 i.e. opt for NITIE Mumbai reason being the following.
So, choose wisely and make the right decision for yourself.
One of my friends has recently encountered a similar situation and can describe the event better. Here is what he has to say,
From the parameters mentioned above, it can be evaluated that PSU is a good choice nonetheless. However, a B-school like NITIE definitely arrives with a lot more offers than usual. It reaps more benefits over the time period than is generally anticipated. Thus, choose wisely.
I have a few friends who graduated from NITIE, so I think I can give you some insight regarding the admission procedure. The academic scores of your 10th, 12th, and graduation do matter to get in NITIE through entrance exams.
Here is the weightage distribution for selection.
Your work experience also matters. However, having a low score during your school or college should not discourage you as NITIE puts more emphasis on the GD and PI rounds.
Choose wisely by taking all B school reports with a level of caution. Instead of quitting your job and enrolling in a school where you might get a placement that is below average, opt for an Executive MBA if you are currently employed and secure. In this situation, you should choose NITIE because of its location in Mumbai, which is crucial for attracting top employers for placements.
For at least the next ten years, stay away from all new IIMs. It is not recommended at all to enroll in business schools that are less than 15 years old after leaving a secure job because they take at least 15-20 years to establish themselves. Only when your salary is between 3 and 4 LPAs should you think about enrolling in a new or infant IIM. Alternatively, you could try switching to a better organization that will likely pay you more money.
According to my friends studying at NITIE Mumbai, there are many important points regarding academics and summer placements:
The candidates having low grades or academic performance can try for their placement with the Student Placement Committee. This helps to push your CV through the cutoff.