A Profile
NITIE, Mumbai

Placements

Placements (Batch of 2001 - 03)
 

The Batch of 2003, with almost 70% of its students having prior industry experience, managed to bag 27 lateral placements this year. The average salary this year has been Rs 6.76 lakhs, not including the foreign offers. Based on the performance in their summer internships the students received a total of 11 pre-placement offers.

Placements 2003 saw a mix of Consulting, Information Technology and FMCG companies woo the students at the institute. Out of the 78 companies that registered for placements, only 47 could manage to get slots and recruit students. The regular recruiters like Triniti Corporation, continued their special relationship with NITIE, offering the highest Indian salary of Rs. 14 lakhs. Incidentally, Triniti was also the largest recruiter this year and selected as many as 10 students. The batch of 2003 established their presence on foreign shores in the form of 7 students accepting international offers in Systems and Consulting.

Some of the big names from the happening IT sector included Computer Sciences Corporation, Oracle, SAP Labs, HCL Technologies, Wipro Technologies, Bluestar InfoTech, Digital Globalsoft and Tata Consultancy Services.

Regular FMCG recruiters like Nestle, Marico, Asian Paints, J&J, and L’Oreal strengthened their ties with NITIE by picking up students for their Marketing, Systems and General management functions.

The GE group came calling with its group companies GE-SBI, GECISS, GE Analytics and the prestigious GE-IMLP was one of the preferred recruiters.

Placement Details

Indian Jobs

Percentage of students placed

91.95%

Average salary offered per annum (in Rs. lakhs)

6.76

Median salary offered per annum (in Rs. lakhs)

5.5

Maximum salary offered per annum (in Rs. lakhs)

14

Minimum salary offered per annum (in Rs. lakhs)

3.5

      Foreign Jobs

Percentage of students placed

8.05%

Average salary offered per annum (in Rs. lakhs)

49

Median salary offered per annum (in Rs. lakhs)

55

Maximum salary offered per annum (in Rs. lakhs)

55

Minimum salary offered per annum (in Rs. lakhs)

40

 Number of Students absorbed in different sectors

Sector

Number

Maximum salary offered
(in Rs. Lakhs)

Percentage

FMCG

14

7.5

16.1 %

Consultancy

20

14

22.9 %

Banking and Finance

3

6.5

3.4 %

IT

31

8.0

35.6 %

Others

19

5.5

21.8 %

Duration of placement season in days:

 1 & 1/2 days



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