IIM Mumbai, formerly known as NITIE Mumbai, continues to excel in its placement drive, reinforcing its reputation as one of India’s premier management institutes. This year, the institute achieved remarkable milestones in both final placements and summer internships, showcasing its commitment to excellence in management education.
Nitie Mumbai placement 2024 report
national institute of industrial engineering Placements 2024
- 100% Placement Rate: IIM Mumbai Nitie achieved a 100% placement rate for its 2022-2024 batch, with all 446 students securing job offers.
- Highest Package: The highest salary package offered was INR 54 LPA.
- Average Package: The average salary significantly increased, reaching INR 31 LPA, up from INR 27.75 LPA the previous year.
- Pre-Placement Offers (PPOs): 170 students received PPOs, reflecting the strong internship-to-job conversion rate.
Sector-Wise Distribution
Consulting emerged as the top recruiting sector, accounting for 18% of the placements. Other prominent sectors included:
- Finance: 16%
- E-commerce: 10%
- FMCG: 9%
- IT/Technology: 8%
Nitie Mumbai placement Statistics Table
| Placement Parameter | Statistics for 2024 |
|---|---|
| Total Students | 446 |
| Placement Rate | 100% |
| Highest Salary Package | INR 54 LPA |
| Average Salary Package | INR 31 LPA |
| PPOs Offered | 170 |
| Top Recruiting Sector | Consulting (18%) |
| Top Recruiters | Accenture, Deloitte, EY, McKinsey & Company, PwC, Amazon |
| Number of Summer Internship Offers | 480 |
| Highest Summer Internship Stipend | INR 4.80 lakhs (2 months) |
| Average Summer Internship Stipend | INR 2.27 lakhs (2 months) |
| NIRF Ranking | 7th in Management (2023) |
Nitie Summer Internship Placements
The summer internship placements for the 2023-2025 batch also witnessed impressive statistics:
- Number of Students Placed: 480 students received internship offers.
- Highest Stipend: INR 4.80 lakhs for two months.
- Average Stipend: INR 2.27 lakhs for two months.
Major sectors for internships included manufacturing, FMCG, consulting, BFSI, and e-commerce. Notably, 38 of the 165 recruiters were participating for the first time, indicating growing interest from new companies
Also Read – NITIE Mumbai Fees And Courses 2024
Nitie Ranking and Reputation
Nitie Mumbai is consistently ranked among the top management institutes in India. According to the National Institutional Ranking Framework (NIRF) 2023, it was ranked 7th in the management category. This high ranking reflects the institute’s commitment to providing quality education and maintaining high placement standards.
national institute of industrial engineering Alumni Network
The strong alumni network of IIM Mumbai nitie plays a crucial role in its successful placement drives. Graduates from the institute hold prominent positions in top companies worldwide, including Amazon, Procter & Gamble, Deloitte, Unilever, and Tata Consultancy Services. This extensive network provides current students with mentorship opportunities and industry connections.
Conclusion
Nitie Mumbai continues to set high standards in management education and placements. The impressive statistics from the 2024 placement season highlight the institute’s ability to attract top recruiters and provide its students with lucrative career opportunities. With its strong academic programs, dedicated faculty, and robust industry connections, Nitie Mumbai remains a top choice for aspiring management professionals.