NITIE grad bags Rs 67.5-lakh offer in final placement

Mumbai-based National Institute of Industrial Engineering (NITIE) has registered the highest domestic pay package of Rs 19.5 lakh a year and highest international pay package of Rs 67.5 lakh a year during its final placements.

The international placements were offered by companies like Olam International and Dubai Telecom.

Around 90 companies participated in the placement process, offering roles in domains like supply chain, operations, marketing, finance, consulting and information technology (IT) & systems.

Companies like Procter & Gamble, Cadbury, GE, Essar, L’Oreal, Cummins among others made pre-placement offers (PPOs), with 25 students accepting the direct route to their dream jobs.

Other recruiters who participated in the placement process include players like PwC, Ernst and Young, Cognizant Business Consulting, Global e-Procure, Bristlecone, Capgemini, Citibank, HSBC, Standard Chartered Bank, JPMC, Deutsche Bank, GE, ICICI Bank, YES Bank, SBI Caps and Kotak Mahindra. The profiles offered were investment banking, corporate finance, bank operations, retail banking etc.

Meanwhile, the institute also completed summer placements for 2011, with Cadbury offering the highest stipend of Rs 1 lakh for a two-month internship.

The summer placements for the 2009-11 batch of NITIE attracted companies like Ernts and Young, KPMG, Cognizant Business Consulting, PWC, Citibank, HSBC, Standard Chartered Bank, Deutsche Bank, ICICI Bank, Edelweiss, Bank of India, Axis bank, Union Bank of India among others.

HSBC offered internships to seven students, the highest for any one company in the banking and financial sector.