Mumbai's National Institute of Industrial Engineering (NITIE) has been a torch-bearer in India for delivering world-class management professionals to the industry year after year. The corporate giants picked up young managers in large numbers at NITIE. Consulting giant Ernst & Young made 13 offers, FMCG sector was dominated by Procter & Gamble who made 21 offers, Cognizant Technologies led IT with 21 offers and banking and financial advisory saw ICICI Group make 30 offers this year.

The number of international offers grew to 10 with Merrill Lynch, Olam International and Essar Group leading the pack. The highest international salary was $85,000. The highest domestic salary offer made was Rs 20.97 lakh which grew by 40 per cent as compared to last year's figure. The companies had already displayed their confidence in the talent pool at NITIE as the number of PPO offers stood at 66. The batch of 2008 fittingly displayed its prowess as an average of 2.41 placement offers were made per student by various companies.

The profiles offered in the FMCG sector were those of sales, marketing, IT and supply chain. Twenty-three per cent of the students grabbed the jobs in this sector.

Consolidation in all the management areas has been one of the highlights of placements at NITIE this year as 30 per cent of students embraced the banking, financial services and insurance sector.