The pros and cons of the National Institute of Industrial Engineering (NITIE) are as follows.
Pros:
Location: NITIE Mumbai is located in the industrial hub of the country, Mumbai. This provides the students with a lot of options to explore and learn.
Alumni base: Like other famous B-schools like IIM A, B, C, FMS, XLRI, etc, NITIE, too, has a strong alumni background with students working worldwide. A large number of NITIE alumni are VPs, CXOs and even some are owners of their own start-ups with great ideas. The alumni of the institute visit the campus often for alumni talks.
B-School Challenges: NITIE students are well known for their participation in B-school challenges. In the past, students have participated in competitions like HUL Lime, ITC InterroBang, DCB, Aviva, etc. The success rate of NITIE students in these sorts of competitions is pretty high and it becomes an interesting learning experience.
Peer-Group: Anyone joining NITIE is surrounded by experienced people in-between the age group of 21-29. Which gives an opportunity for good peer-learning as many students have experience in the industry.
Placement: The placement rate of the institute is 100% with an average CTC around 20 LPA. It is somewhat considered as the most recognized B-school for Supply Chain and Operations. Even IT placements have seen a surge in recent years.
Cons:
There is a lack of diversity in NITIE and most of the students are engineers. Also, there is high gender diversity, around 8-10% of girls opt for a management degree in NITIE.
NITIE is not preferred to those candidates, who want to pursue a specialization in Finance and HR, as it is a new branch and is still in the initial stages.
The brand-name of NITIE is not as reputed as IIMs, XLRI, etc, and the brand recognition is limited to the corporate world.
The pros outweigh the cons for NITIE. Although it is not as recognized, NITIE is one of the top B-School in the country with a NIRF ranking of 12 for MBA.
When it comes to operations, NITIE is unbeatable compared to SPJAIN for at least the next ten years, and the same is true for finance and marketing, as NITIE cannot beat SPJIMR for the next decade. Here are some reasons to consider:
Overall, NITIE is a much better option than SPJIMR for operations and as a college in general. While SPJIMR has excellent marketing strategies, factors such as GFT and Rural internships are just gimmicks to bring the college into the top 10. Additionally, SPJIMR began inflating their placement reports due to institutes like MDI doing the same. It's essential to check the data for yourself and not settle for others' beliefs, as everyone has their own. NITIE is relatively unknown due to being a government institute that cannot advertise like SPJIMR or MDI. Additionally, the operation is not as prestigious a stream as finance and marketing in the corporate world, giving NITIE a bad reputation. However, NITIE is the clear choice for operations, and you should do your research and make an informed decision.
NITIE CAT cutoff for 2021 was 97 for PGDIM and 86 for PGDSM. Here are the cutoff details.
Category | PGDIM | PGDSM |
General | 97 | 86 |
OBC | 65 | 75 |
SC | 65 | 65 |
ST | 65 | 65 |
Physically Disabled | 75 | 75 |
MDI Gurgaon CAT cutoff stays around 94 percentile for general category students. As per the trends of last few years, MDI CAT cutoff in 2022 is expected to be around 94.93 percentile.
NITIE Mumbai is ranked 12th for MBA by the 2020 NIRF Ranking and it is considered to be in the same league with IIMS, IITs, and IISc.
PGDIE at NITIE- The PGDIE program at NITIE has a total of 140 seats and the total course fee is around 12.53 lakhs.
IITs- At reputed IITs, the course fee is around 1.5 lakhs-1.20 lakhs per semester. The highest salary package of the IIT students remains to be around 30 LPA-35 LPA and the average package seems to remain around 17 LPA.
NITIE is an autonomous body under MHRD and has a legacy of over 50 years. The institute has a huge alumni base working in top MNCs across the globe.
Whether you should join NITIE or IIT depends on your choice of career. If you want a career in management then you should choose NITIE Mumbai PGDIE over IIT. However, if you want to work in the Engineering industry then choose IIT.
To increase your chances of getting a call from different MBA colleges, it's important to know their criteria for selection.
Here’s mentioning some of the famous alumni of NITIE Mumbai are: