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HomeEducationNITIE Placement 2018: The average salary touches Rs 19.22 lakhs this year

NITIE Placement 2018: The average salary touches Rs 19.22 lakhs this year

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National Institute of Industrial Engineering (NITIE) said that as many as 132 companies visited the institute and picked up all the 393 students who had opted for placement through campus this year.

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National Institute of Industrial Engineering () said that as many as 132 companies visited the institute and picked up all the 393 students who had opted for placement through campus this year. According to institute, 132 companies participated in the 2018 campus recruitment to hire the 393 students. The average salary increased to Rs. 19.22 lakhs from Rs. 17.24 lakhs in the previous year.

According to NITIE, the top salary package offered rose by as much as 14.22% at the campus recruitment. More than 35 percent of the Class of 2018 received Pre-Placement Offers and Pre-Placement Interviews through their Summer internships at top corporate companies. The season saw companies like Airtel, Accenture, Ab InBev, Amazon, Colgate Palmolive, Deloitte, E&Y, KPMG, HUL, P&G, Marico, Nestle, PwC SDC, PwC, Yes Bank, to name a few.

With a shift in job preference, NITIE students have opted for newer verticals besides traditional favourites like FMCG & Banking. While these verticals continued to be big draws this year too, students showed a lot of interest in considering roles in the Digital transformation journey.

Speaking on the 2018 placement report, Prof Hema Date, Dean of Student Affairs said, “This has been a great year, as our students have bagged excellent job offers. It is a proud feeling that NITIE has fared better than last year, even though the overall job market has been getting more competitive worldwide.”

NITIE has had a 100% track record since its inception, be it summer placements or final job offers. A green eco-campus, housed in Mumbai competes silently with the country's top engineering as well as management colleges and each year has it has just got better.

National Institute of Industrial Engineering (NITIE) was set up in 1963 by the Government of India and aided by ILO. The purpose was to significantly increase the productivity of industries and maximize output from available resources. NITIE was started as the only training institute in the country that sought to teach specialized courses on materials management, work study, inventory control, shop floor management and personnel management to professionals. Today the institute offers courses as well as fellowship programmes.

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Krishnamurty M
Krishnamurty M
Krishnamurty M covers education for TechObserver.in.
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