Internship opportunities at NITIE

2 mins readUpdated on Sep 7, 2022 17:23 IST
Internships are an essential component of all the professional courses that are offered at the National Institute of Industrial Engineering (NITIE). That’s why it is mandatory for every student to participate in an internship at some point during their time at the institute.

Internship offering courses:

Internships are an essential component of all the professional courses that are offered at the National Institute of Industrial Engineering (NITIE). That’s why it is mandatory for every student to participate in an internship at some point during their time at the institute. In 1971, NITIE was considered to be a prestigious institute in our country, and hence it began offering courses like the Post Graduate Diploma in Industrial Engineering (PGDIE). Since then, the institute has not looked back and has continued to expand its course offerings in order to provide the nation and the world with some of the most qualified professionals in the industry.

Stipend, duration, and top recruiters:

Internships are typically scheduled in the months of April and May ongoing till, the middle of June. Students are asked to enroll themselves in these internship programmes for the MBA program, which is between a minimum of 6 weeks and a maximum of 2 months, in order to be eligible for the Summer Internship Program (SIP), which is completed within that time frame.

NITIE has witnessed a sharp rise in the number of businesses interested in providing summer internships over the course of the placement season. Corporates from a wide range of industries have proposed a tonne of other offers, the majority of which are in the areas of marketing and recruitment. Some of the top recruiters on our campus include the following:

Q:   What is placement record of MBA at IIM Mumbai?
A:

A total of 33% of the 2022 batch received PPOs during NITIE Mumbai placements 2022. Total number of companies visited for placement is 107. The key highlights of NITIE Mumbai placements 2022 are presented below:

Particulars

Statistics (2022)

No. of companies visited

107

the highest package

INR 49 LPA

Average package

INR 25.4 LPA

Median package

INR 22 LPA

Q:   Who are the top recruiters of IIM Mumbai?
A:

The list of top recruiters of NITIE Mumbai in 2022 is presented below:

American Express

Dabur

Asian Paints

Pidilite

Accenture

Philips  

HUL

Amazon

ITC

CISCO

Q:   What is the highest package offered during IIM Mumbai placements?
A:

The highest package offered during IIM Mumbai placements 2024 stood at INR 54 LPA. Further, a fluctuating trend was witnessed in the highest package offered over the past three years during IIM Mumbai placements, which is presented below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Highest domestic package

INR 49 LPA

INR 78.2 LPA

INR 54 LPA

  • Pidilite Industries Ltd.
  • Walmart
  • ITC
  • American Express
  • Amazon
  • McKinsey
  • Abbott

This year, the company's stipend has increased significantly, with the most generous stipend currently standing at approximately INR 3.5 lakhs. The average consolidated stipend for the last two months has increased by 21% to around INR 2.5 lakhs. This is relative to the previous year. This year, the industries of Banking, Financial services, and Insurance are the most sought-after by major corporations for summer internships (BFSI). This industry is leading because it receives roughly 40% of the batch, putting it in a favourable position. The information technology and analytics industry is the runner-up for best placement industry in our cohort, having placed approximately 15% of our graduates. Furthermore, students at NITIE have proved to be significant in each and every domain they have been placed in since inception, and hence companies are attracted to select students for mutual benefit.

The process of internship:

The internship process starts with admission to the institute as this requires building of the resume and then grooming of the students by the various committees in order to be effective and efficient at the time of interview. Students need to go through rigorous training and mentorship sessions held by their mentors to groom themselves for the interviews. Then comes the resume-building part. The placement committee collects all the CVs and then goes through each and every CV, asking students to rectify any errors or additional information needed to be poured in. After that, it's placement week, where each and every student needs to go through the placement process, choosing from a diverse set of companies that require different skill sets through different hiring processes. During this week, almost 95% of the batch was placed. Within a week or two, the entire placement process will be completed.

 

About the author:

Yash Singhal, an IIM student, is fond of analysing various developments happening all around the globe and shares his views on the topics kept hidden from prime-time debates.

 

 

 

 

 

 

Note: The views expressed in this article are solely author’s own and do not reflect/represent those of Shiksha

Q:   Is IIM Mumbai really good placements wise?
A:

IIM Mumbai offers decent placements to students. A total of 107 companies visited the campus and 157 PPOs were offered during IIM Mumbai placements 2022. Further, the highest and average package offered during IIM Mumbai placements 2022 stood at INR 49 LPA and INR 25.4 LPA, respectively. The top recruiters of IIM Mumbai in 2022 included leading companies such as Accenture, Amazon and HUL.

Q:   What is the median package offered during IIM Mumbai placements?
A:

The median package for PPOs offered during IIM Mumbai placements 2024 stood at INR 28 LPA. Earlier, the median package offered during IIM Mumbai PGP placements 2022 stood at INR 22 LPA. Further, a fluctuating trend was witnessed in the median package offered over the past three years during IIM Mumbai PGP placements, which is presented below:

The median salary trends witnessed during IIM Mumbai PGP placements over the past three years are presented below:

Particulars

PGP Placement Statistics (2020)

PGP Placement Statistics (2021)

PGP Placement Statistics (2022)

Median package

INR 19.81 LPA

INR 18 LPA

INR 22 LPA

Q:   Which is the top recruiting sector during IIM Mumbai PGP placements?
A:

Manufacturing sector emerged as the top recruiting sector that placed 19% of the total students during IIM Mumbai PGP placements 2024. The sector-wise placement distribution recorded during IIM Mumbai PGP placements 2024 is presented below:

The sector-wise placement distribution recorded during IIM Mumbai PGP placements 2024 is presented below:

Sectors

Placement Distribution (2024)

Manufacturing

19%

Consulting

18%

FMCG

16%

IT/Product Management

13%

BFSI

10%

Retail/ E-commerce

10%

Pharma

3%

Others

11%

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