The Class of 2018-20 at NITIE, Mumbai received an average salary of Rs 20.88 lakh per annum (LPA) with the highest salary recorded at Rs 58.24 LPA at the Final Placement 2020.
As many as 121 recruiters, including 19 first-timers participated in the recruitment process. The batch had also received 130 PPOs (Pre-Placement Offers).
Prof Ravindra Gokhale, Professor-In-Charge Placements said the just-concluded final placements season saw a diverse mix of companies spread across various domains and functions, offering niche roles to the students. “As always, NITIE remained the choice of recruiters for Supply Chain, Operations, Consulting, BFSI, and IT/Analytics roles,” he added.
Rs 20.88 LPA Average Salary at NITIE Final Placement 2020
Median Compensation Goes Up to Rs 19.81 LPA
The placement report stated that the median compensation registered an increase, touching Rs 19.81 LPA this year. This season saw the continuing strong showing of the school in the Supply Chain & Operations domain with the students receiving as many as 221 offers.
Consulting and IT/Analytics recorded a combined total of 127 offers accounting for 31% of the batch. Finance built upon its solid base with major recruiters rolling out over 50 offers.
This year also recorded an increase in the number of companies offering General Management roles. The companies in this sector included ACT Fibernet, Axis Bank, IDFC First, Reliance Industries and RP-SG.
NITIE’s EHS (Post Graduate Diploma in Industrial Safety and Environmental Management-PGDISEM), Project Management and Manufacturing Management specialty drew several recruiters.
Sector-wise Recruitment
In Sector-wise recruitment, Manufacturing, Consulting and Retail & E-Commerce took in 17% each followed by IT/Analytics 14%, BFSI and FMCG 12% each, Others 7%, Pharma & Healthcare 4%.
Class Profile
The Class of 2020 was a perfect blend of fresh graduates and experienced professionals. The set of students came from diverse engineering backgrounds from institutes like IITs, NITs, BITS Pilani, etc.
The batch of 414 students had an average work experience of 17.67 months. In the batch, 31% were freshers, 25% had work experience of 13-24 months, 20% had 25-36 months, 13% from 0-12 months and 10% more than 36 months.
In sector-wise work experience, 30% were in Manufacturing, 29% in IT/Analytics, 7% in Consulting, 3% in BFSI and 31% in Others.
In sector-wise internship split-up, 31% was in Manufacturing, 20% in FMCG, 12% Others, 11% Retail & E-Commerce, 8% BFSI, 7% Pharma & Healthcare and 6% Consulting.
Major Recruiters (Sector-wise)
FMCG
Recruiters in FMCG sector included Colgate-Palmolive, Dabur, Diageo, GCPL, HUL, ITC, Johnson & Johnson, L’Oreal, Marico, McCain, Mondelez, Nestle, Nivea, P&G, RP-SG.
Consulting
Accenture Digital, Cognizant Business Consulting, Deloitte India, Deloitte US, EY, EY GDS, GEP, Hitachi Consulting, KPMG, McKinsey, Optum Advisory UHG, PwC India, PwC US Advisory, Thoucentric, ZS Associates.
Manufacturing
Asian Paints, Ather Energy, Avery Dennison, Castrol, Coromandel, Crompton, DCM Shriram, Eaton, Exide, GMM Pfaudler, Jindal Stainless, Kansai Nerolac, Maruti Suzuki, Pidilite, RIL, RPG, Schneider Electric, Signify, Tata Metaliks, Titan, Ultratech Cements, Varroc, Welspun, Whirlpool.
Retail & E-Commerce
ABFRL, Amazon, Cloudtail, Delhivery, Flipkart, Grofers, Landmark, Metro Cash & Carry, Myntra, Ninjacart, Ola, Oyo Rooms, Swiggy, Uber, Unacademy.
BFSI
Aditya Birla Capital, Axis Bank, Edelweiss, Fidelity Investments, ICICI Bank, IDFC First, Kotak Mahindra Bank, RBL BANK, SUD Life, Yes Bank.
IT/Analytics
Capgemini, General Electric, Google, ITC Infotech, Loadshare Networks, o9 Solutions, GSK Pharma, Genpact, Hexaware, IBM, Polestar, RBEI, SAP Labs, Sterlite Tech, TCS, Wipro.
Pharma & Healthcare
Abbott, Cipla, Dr Reddy’s Laboratories, GSK Pharma
Others
ACT Fibernet, Airtel, Amplus Solar, Ather Energy, Dorf Ketal, Emami Agrotech, Enphase Energy, Shapoorji, Square Yards, TATA Sky, Tolaram Group, VSSI.
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