Placement opportunities and good placement packages depend on your abilities and skills. At NITIE, freshers and experienced candidates receive equal opportunities.
Placement packages depend on the type of job and the company. For instance, FMCG companies prefer freshers over experienced candidates. While consultant profiles are best suited for experienced people. They do not offer packages as good as FMCG companies.
However, placements depend on your hard work and the skills with which you prepare for it. It is always a benefit to adding work experience to your CV as it increases placement opportunities.
For the recent placement season, 30% of the batch had work experience of 25-36 months, 38% with 1-24 months work experience, and 31% of the batch were freshers. Highest CTC increased to 46.5 LPA and the average domestic salary increased to 20.5 LPA.
One of my friends recently got admission to NITIE. According to him, you should expect the following in the interview round.
GD –
PI -
Last but not the least, be confident and cooperative with the panel.
Yes, NITIE Mumbai gives fee concessions to the general category students also. The form of fee concession is merit cum need a form of scholarship.
The simple meaning of this merit cum need scholarship is that a student has to be eligible for some criteria to avail it. To be eligible, a student needs to maintain considerable academic aggregate and should be from an economically weaker background.
The range of scholarships is in the form of a 30% fee waiver for the students with an annual family income below INR 2.5 lakhs and a 50% fee waiver for the students with an annual family income below INR 1 lakh.
Excluding the scholarship, the students enrolled in the courses of PGDPM, PGDIE, and PGDMM avail of a stipend of around INR 12400.
One of my close friends recently got admission to NITIE Mumbai. In the interview, he was asked mostly about his final year engineering project and his work experience, education, and about his skills. To clear your interview you will have to prepare very hard and will have to practice a lot. Here are a few things you should do for your preparation.
NITIE has a mock admission process called B-Cube. This will give you an idea about the GD and Interview.
Both NITIE and XLRI are reputed and well-known institutes with exceptional opportunities due to which it is a tough decision to make. However, some points may be taken into account which would be helpful for you to make a decision for your future.
Ranking:
XLRI has reportedly ranked 1st among the top private management universities by Outlook India 2020’s evaluation reports. NITIE has ranked 12th for its MBA program by NIRF’s evaluation in 2020.
Admission:
XLRI:
Aspiring students have to clear exams including GMAT, XAT, and CAT in order to get admission at XLRI for its MBA program.
The estimated course fee remains to be around 5-10 Lakhs.
NITIE:
In order to take admission at NITIE for the MBA program, students have to clear GMAT, CAT, and XAT.
For the PG Diploma courses, students have to clear the GMAT. The average course fee remains to be around 7 lakh for all the courses.
Scholarships:
XLRI:
Students at the institute have the opportunity to receive various scholarships such as Aditya Birla Scholarship, Pirojsha Godrej Scholarship.
Apart from that, on merit-cum-need basis financial scholarship (up to 250000 INR) is provided to those who require it.
NITIE:
Various need basis scholarships are provided to the NITIE students as well.
30% of the course fee is reduced for those whose family income is less than 2 lakh 50 thousand and 50% of fee is reduced for those whose family income is or less than 1 lakh.
Apart from that, teaching assistantship positions are offered to GATE qualifiers. SC and ST candidates receive Central Sector scholarship based on their circumstances.
Placement:
XLRI:
XLRI offers 100% placements to the students.
Some of the top recruiters are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, Power Finance Corporation among others.
The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.
NITIE:
Top recruiters who offer job and internship opportunities to the NITIE students are ITC, Nestle, Deloitte, Accenture, Cognizant, Hitachi Consulting, and more.
The highest and medium salary packages remain to be around 38 LPA and 20 LPA. The placement rate is 98%.
Both these institutes provide modern classrooms, advanced necessaries, libraries. Faculty members of both the institutes are helpful. Both boy’s and girl’s hostel accommodation is provided by both the institutes as well.
Answering such a question is a bit typical as it is important to know whether you are working or just asking. If you are working or due to some reason there is a gap of 5 years after graduation then you should have substantial reason during your PI.
Another crucial factor will be what the main reason is for the 5-year gap after graduation. Just in case,
Apart from all this, if you want to join NITIE for placements, I think the average package is pretty good now and you will get at least 15 LPA if you are a sincere person or at the worst someone will get only 10 LPA for sure. Better you prepare yourself with convincing reasons and joining NITIE would be the best option.
I think I can give you some insight regarding NITIE and SJMSOM since I have friends from both institutes. Both are nearly identical, however, SJMSOM may be a better choice because NITIE promotes itself as an Operations majors institution, whereas SJMSOM promises to cover all fields. As a result, you may have more prospects in the finance industry at SJMSOM than at NITIE.
The table below has a brief comparison of the two institutes.
Parameters | NITIE | SJMSOM |
Course fee | 13 lakhs (approx) | 9 lakhs |
Placement rate | 100% | 100% |
Average salary package | 19 lakhs | 20 lakhs |
Highest salary package | 46 lakhs | 34 lakhs |
So, going by the above-mentioned factors, I will say SJMSOM may be a better alternative for Finance.
PGDPM program is for those students who want to make their career either in the business or technical field or in a new field of expertise and move into project management. This course is suitable for both students with or without work experience.
Categories | PGDPM at NITIE Mumbai |
Course Fee | 12.53 lakhs |
Highest CTC | 29 LPA |
Average CTC | 16 LPA |
Recruiting Companies | Deloitte, ICICI Bank, Aditya Birla, P&G, etc. |
The PGDPM graduates get many career opportunities from industries like Manufacturing, Oil & Gas, Construction, Utilities, Finance & Insurance, Information Services, and Business Services.
Hence, PGDPM is a very good course to pursue, and the placement opportunities available in this field are really good.
No. you don't have to necessarily prepare a resume for NITIE PGDIE GD/PI. Instead, you will be required to fill out your application form carefully. Every minute detail regarding yourself has to be filled in as the interviewers will be probing questions based on the application form only. The interviewer will have a soft copy of your application form with them.
It's highly advisable to prepare questions regarding your work experience project or internship project if you are a fresher.
Having to know some people studying in both these colleges, I can say that they are equally good. You can opt for any one of them, their respective programs are also good. They are recognized as Centres of Excellence by MHRD, Govt of India.
The choice mainly depends on the individual and their preferences. You should go for the one you are enthusiastic about.
So, the selection of the college and the course entirely depends on you. Go through them and then decide which will be a better option for your career.