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Thinking Of An MBA? Think NITIE

Mar 1, 2023 | 8 minutes |

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Whenever there is a ‘Chai pe Charcha’ about India’s top B-schools, National Institute of Industrial Engineering or NITIE as it is better known, is a definite sip. The ‘Operations and Supply Chain’ powerhouse of India is amongst the top-ten business schools in India, in the leagues of the older IIMs and other premier institutes. Adding on to this unparalleled legacy, NITIE has diversified into a plethora of programs across specializations. The Government of India established the National Institute of Industrial engineering (NITIE) in 1963. It started with the vision of creating professionals in the field of Industrial Engineering and management to promote productivity and contribute to the holistic development of the nation. Amidst the lush green surroundings in the hustle and bustle of Powai lies NITIE Mumbai or “God’s own Campus” as it is fondly addressed. With 67 acres of dedicated space to its campus, the B-school offers students with state-of-the-art amenities.

What programs does NITIE offer?

NITIE offers six courses having mixed mode of entries with an emphasis on technology integrated management namely PGDIM, PGDIE,PGDSM,VLFM, DGMP, and Fellow Programme. PGDIM is equivalent to the 2-year MBA programme while PGDIE provides engineering management and industrial engineering specialisation and PGDSM focuses on sustainability aspects on businesses. Apart from the 2-year management programmes, NITIE has recently commenced the 1-year Visionary Leaders for Manufacturing (VLFM) programme for the executive Leaders currently employed in the industry. The Defence General Management Programme (DGMP) for Defence Officers was also recently introduced. For more information on eligibility for various courses, kindly go through the website. NITIE with its deep expertise in Operations and Supply Chain offers highly reputed global programs and has successfully completed six versions of the Global Online Certification Course on Supply Chain Digitization and Management, Business and Operations Analytics (2021 & 2022), End-to-End Supply Chain Transformation through Digitization, and Data-Driven Supply Chain Transformation in association with MIT’s Prof. David Simchi-Levi in 2021-2022. NITIE offers specializations in Operations and Supply Chain, business analytics, marketing, finance and accounting, sustainability management, organizational behaviour, HRM, business strategy, innovation, and entrepreneurship, manufacturing analytics, and project analytics.

What are placements like at NITIE? 

NITIE offers opportunities in various roles through campus placements. Roles are offered in various domains like Consulting, Operations, Supply Chain, Product Management, IT/Analytics, Finance, Investment Banking, and Sales and Marketing. This year P&G, Kellogg’s and other MNCs have opened their coveted sales profile as well. For the batch of 2023, many new recruiters, including Apple and TAS, have participated in the placement process. NITIE continued the legacy of top placements with a 30% increase in the average salary and a 22% increase in the median salary for the 2020-22 batch. The top 20% of the batch received an average salary of 39 lakhs, and the highest salary went up to almost 50 lakhs. Regarding sector-wise placements, top companies from across industries hire from NITIE. In 2022, 35% of all offers came from the Consulting domain, 13% from E-commerce, 10% from FMCG, and 16% from manufacturing. But that’s not all. NITIE’s recruitment figures for summer placements  of batch of 2024 also rival those of India’s other leading business schools. Over 132 recruiters participated in the process, opening diversified roles which contributed to a rise of 25% in the average and median stipend.

Stipend Details for PGDIM batch 2022-24

Learn more about the companies that hire from NITIE.

What’s NITIE’s campus life like?

With its residential programmes, NITIE offers the holistic MBA experience to its students in terms of learning, networking and growth. NITIE boasts of a unique diversity in classrooms. People from different courses such as PGDIM, PGDIE, PGDSM attend lectures together across a variety of core, optional and career-specific courses bringing the experience and expertise of a highly diverse audience to the classroom. Multiple student-run committees are active on the campus, providing ample opportunities to hone their skills and learn something beyond the classroom. These include the Admissions Committee, Placements Committee, Alumni Committee, Cultural Committee etc. as well as various interest groups and clubs like the Marketing Interest Group, NITIE Strategy and Consulting Club, Finance Interest Group, Lakshya, and Prerna management group. NITIE hosts annual fests, alumni meetups, and business conclaves, including Avartan, Sansmaran, Abhisanskaran, and the NITIE Premier League. NITIE also has a state-of-the-art physical and digital library facilities on campus. Badminton courts, a massive cricket and football ground, a gymnasium, indoor games—you name it, you have it.

What about batch diversity at NITIE?

Diversity brings in new ideas and acts as a pathway to unlock creativity. The corporate sphere is no exception, and NITIE stands tall in this respect. A healthy mix of freshers and experienced professionals make up the cohort at the institute. NITIE’s female students has grabbed excellent offers, reflected in the placements of the recent batch: The female MBA students have been breaking the stereotype and becoming exemplary ‘techno managers.’ To name a few notable female alumni, With NITIE announcing more diverse selection criteria this year, diversity in the classroom is only going to reach new heights!

Why consider NITIE?

What makes NITIE one of India’s most sought after business schools? The answer lies beyond rankings and placements.

Alumni Network

An institute has its reputation build up on the achievements of its alumni and faculty. This is precisely the reason why NITIE has the kind of reputation it possesses for the last 60 years. That has been one of the major drivers in pushing NITIE towards the creation of an unmatched legacy over the past 60+ years. We have a buzzing alumni network reaching up to the top echelons of the corporate ladder who play an active role in shaping the programs as well as the industrial and academic exposure of the students. A cohort of 10000+ alumni has been acting as a guiding force behind students’ growth. Here are a few of our notable alumni. NITIE’s alumni are also founders of Unicorns. And the list goes on.

Rankings and Eligibility

NITIE Mumbai is one of the top-ranked b-schools in India. It is ranked 9th in NIRF Ranking 2022 in the management category, ranked 2nd in Quality Education and 3rd in Decent Work and Economic Growth in India by Times Higher Education (THE) Impact Rankings 2022. This year, NITIE has taken a major step towards bringing more diversity into classrooms. Admission to the PGDIM course is open to the following streams: 1. M.Sc. (Mathematics) 2.    M. Sc. (Statistics) 3.Dual Degree (Maths and Computing) Minimum 5 yrs. 4.BS./B. Tech (Economics) Minimum 4 yrs. This is in addition to all engineering courses graduates/students who can apply to various courses at NITIE. Find more details here.

Impressive ROI

NITIE is amongst India’s top b-schools, especially when it comes to graduation outcomes for its management students. But go a step beyond recruitment, and you see the incredible return on investment of NITIE’s flagship programs. While most other leading institutes charge upward of 20 lakhs for their MBA programs, NITIE boasts a significantly lower fee of 14.63 lakhs for PGDIM and 12.53 lakhs for PGDIE  while also offering placements similar  to its peers.

Industry-relevant curriculum and Centres of excellence

NITIE’s course structure is invariably aimed at making the cohort competent in cutting-edge trends in the industry like data analytics, industry 4.0, cyber-physical systems, AI in Supply Chain, financial modelling, HR analytics, etc, and the curriculum is evaluated and improvised accordingly. Several industry-run courses and certifications help students get a foothold in industrial practices. The curriculum design activity involves an elite panel of leading industrial and academic minds, including that from MIT, USA. The curriculum looks to inculcate strong analytical and business abilities for students to make their mark beyond the Supply Chain and Operations domain. The institute houses a number of centres of excellence, data science labs, ESG labs, etc. Within the Centre of Excellence in Logistics and Supply Chain, the centre will act as a driving force to train and launch top-quality programs to disseminate advanced knowledge and promote Digitisation, Analytics, and IoT Application and Decision Support Systems through Artificial Intelligence and Machine Learning applications and digital Twin and Control towers, to strengthen the monitoring and analysis of complex logistics Operations. The centre will also help the logistics sector become more cost-effective, make the sector more competitive, create new jobs, export more, engage better with the world markets, expand outreach, and bring more economic activity to India. Hence NITIE has been chosen as a nodal centre for the ‘PM Gati Shakti’ initiative, where it envisages producing trained manpower in the domain of Supply Chain and Operations alongside other leading institutes in the country.

Prime corporate location

Being in Mumbai ensures NITIE students’ proximity to top recruiters across industries. It also means many of the institute’s alumni are much more accessible. Besides, two years as a Mumbaikar will be an incredible learning experience in itself!