Understanding the Average Package for NITIE Mumbai Graduates

National Institute of Industrial Engineering (NITIE) Mumbai is a prestigious educational institution that has been producing highly skilled professionals across various sectors. This article provides an in-depth look into the average package that NITIE Mumbai graduates receive upon completion of their programs.

Recent Trends and Average Package

As of my last update in August 2023, the average package for graduates from NITIE Mumbai typically ranged between INR 20 to 25 lakhs per annum. This range can vary based on several factors, including the specific programs pursued, the industry trends, and the overall economic environment.

The most accurate and up-to-date information is best obtained by checking NITIE's official placement reports or recent news articles discussing placement statistics.

Placement Report 2022

For the 2022 batch, the total batch strength was 468, with a total of 107 companies participating in the placement process. The highest salary offered was 49 lakhs per annum (LPA). A total of 157 Pre-Placement Offer (PPO) positions were offered, and the average salary across all PPOs was 25.4 LPA. The median salary was 22 LPA.

Major sectors that recruited from NITIE Mumbai graduates include:

Banking, Finance, and Insurance Manufacturing/Process Consulting Logistics FMCG and Pharmaceuticals Healthcare Retail and Ecommerce IT and Technology

Placement Statistics 2018–2020

Here are some key placement statistics from the 2018–2020 period:

Batch Size: 414 Average Salary: 20.88 LPA Highest Salary: 58.24 LPA Number of Recruiters: 121 New Recruiters: 19 Average Salary Top 10: 36.8 LPA Average Salary Top 50: 25.99 LPA Average Salary Top 20: 31.99 LPA Median Salary: 19.81 LPA

These statistics highlight the degree of diversity in the placement opportunities available to NITIE graduates, ranging from high-paying sectors like banking and consulting to more specialized fields such as healthcare and pharmaceuticals.

For more detailed and up-to-date placement reports and statistics, you can follow the shared link below:

Sharing the Link of Report

Stay updated with the latest trends and opportunities by regularly checking NITIE's official placement reports.

Conclusion

While the average package for NITIE Mumbai graduates can vary widely, the institute's robust placement record continues to uphold its reputation for providing excellent career opportunities. Graduates from NITIE are well-prepared to enter the job market with a diverse skill set that is highly sought after by various sectors in the Indian job market.