The Class of 2000 had 68 students.
Average Salary reaches an all time high of Rs.5.4 lakhs p.a.
Maximum Salary accepted was Rs. 28 Lakhs.(in US $) offered by BLUESHIFT.
Four students placed abroad.
Growth over previous years average salary is 43 %.
Average salary has multiplied by over 2.6 times since the first batch passed out in 1996.
17% of placements were in Management Consultancies.
The last three years have shown an increase in management consultancy jobs being offered. The increase has been attributed to the 2-3 years of prior work experience of the batch.
ESOPs were an added feature of this years placements. Companies like Silverline, Satyam & Planetasia.com bundled ESOPs into the pay packages. Oracle offered dollar ESOPs

IT cornered a major chunk of students, mainly into the areas of IT Consultancy, Business Development, Risk Management & e-commerce related areas. Risk management is assuming increasing importance now-a-days and not to be left behind, PricewaterhouseCoopers threw open new opportunities in OSRM, to only 3 institutes in India, and NITIE is one of them. Planetasia.com (which is not yet listed) recruited 5 students, bundling lucrative ESOPS with pay packages. Oracle Corp. recruited 3 students for its IDC, offered ESOPs in dollars - quite a lucrative reward for technical skills and sound business sense. Other recruiters included the logistics powerhouse - UPS, and other IT majors like Siemens Informations Systems Limited, Aptech, Satyam, Silverline, Nexgen, & Polaris.

While dot coms wooed away the go-getters, the strategically oriented pitched in for Management Consultancies like PwC & KPMG (which incidentally came up with a novel profit sharing plan). Arthur Anderson offered Final projects convertible to Job offers.

NITIE continued to attract the best jobs in Operations/Supply Chain/Logistics. The intense pressure from dot coms has forced FMCGs to revise their pay packets, and in the competition, students walked away with some of the best salaries in the industry. The favorites were P&G (5.5 Lakhs), Nestle, Marico, Dabur, etc. Other favorites were General Motors, Glaxo, Asian Paints, Schindler.

The entire batch of 68 students was placed by Day 2 lapping up offers from 26 companies, Although another 29 companies were in the pipeline. The average salary at the campus was Rs 5.4 Lakhs per annum (up 43% from previous year’s average of 3.76). Systems continued to be the hottest area clocking the highest ever salary of Rs 28 Lakhs per annum (US $ 64k) offered by Blueshift, the Atlanta-based company into e-commerce solutions

* All information is provided by the Institute.

Placements 2001

Read complete story of Placement 2001 as it happened along with analysis and comparison across the B-Schools and segment-wise analysis.

Placements 2002

Read complete story of Placement 2002 as it happened along with analysis and comparison across the B-Schools and segment-wise analysis.

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