Type | Public business school |
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Established | 1963 |
Chairman | Shashi Kiran Shetty |
Director | Professor Manoj Kumar Tiwari |
Location | , , 400087 , 19°8′21″N72°54′18″E / 19.13917°N 72.90500°E |
Campus | Urban, 63.832 acres (0.25832 km2) |
Website | www |
IIM Mumbai formerly National Institute of Industrial Engineering, Mumbai (NITIE Mumbai), is a graduate business school under the Ministry of HRD, [1] Government of India located in Powai near Vihar Lake in Mumbai and is ranked 7th among B-Schools of India as per NIRF 2023 rankings. [2]
With over five decades of affiliation with the industry, NITIE has emerged as one of India's "Ivy-League" B-Schools and has been acknowledged as a Centre of Excellence by the Ministry of Education in line with the IITs, IIMs and IISc as well as declared as an Institute of National Importance.
Located in the Financial Capital of India, NITIE provides an excellent platform for students who aspire to be the leaders of tomorrow. Besides training, NITIE conducts applied research and undertakes various public and private sector special projects as sponsored research.
Armed with excellent academic resources, backed up by quality pedagogy, NITIE fosters in the students the capacity for value-based leadership, the aptitude for innovative thinking & confident decision-making, the ability to communicate effectively and helping them collaborate, thus equipping them for a promising future.
The interactive classroom lessons coupled with practical learning experiences, provides the appropriate platform for students to hone their business acumen to take up challenges posed by the real world.
The National Institute for Training in Industrial Engineering, [3] later the National Institute of Industrial Engineering (NITIE), was established by the Government of India in 1963 with the assistance of United Nations Development Programme (UNDP) through the International Labour Organization (ILO) to create skilled professionals. It was funded by the Government of India and registered as a society under the Societies Registration Act, 1860. [4]
Noted industrialist Anand Mahindra and HDFC chairman Deepak Parekh had suggested, in 2007, the change in name of NITIE to an IIM, Mumbai. [5] The then Prime Minister Dr Manmohan Singh had promised to look into the issue.
For several years no step was taken in this direction, but recently, on 31 January 2022, the Ministry of Education (India) has constituted a committee of experts to deliberate on the feasibility of bringing the National Institute of Industrial Engineering (NITIE) Mumbai under IIM Act, 2017. [6] [7] The list of experts includes Shri Ashish Kumar Chauhan, MD & CEO, Bombay Stock Exchange & Chancellor University of Allahabad, Prof. Pawan Kumar Singh, Director, IIM Tiruchirappalli, Prof. Pramod Kumar Jain, Director, IIT BHU, Prof. Subhasis Choudhuri, Director, IIT Bombay, Shri Pradeep Goyal, CMD, M/s Pradeep Metals.
A significant milestone was achieved by NITIE Mumbai on 12 July 2023 when the Union Cabinet approved the amendment in the IIM Act, designating NITIE Mumbai as the 21st IIM and renaming it as IIM Mumbai. [8] However, the final approval still due by the Parliament.
On July 28, 2023, The Indian Institutes of Management (Amendment) Bill, 2023 was introduced in Lok Sabha by Union education minister Dharmendra Pradhan. [9] The bill (No. 109 of Year 2023) mentions that: In section 4 of the Indian Institutes of Management Act, 2017 after sub-section (1), the following sub-section shall be inserted, namely:—
"(1A) On and from the date of commencement of the Indian Institutes of Management (Amendment) Act, 2023, the National Institute of Industrial Engineering, Mumbai, shall be called the ‘‘Indian Institute of Management, Mumbai’’ and all the provisions of this Act shall apply to the said Institute." [10]
The Indian Institutes of Management (Amendment) Bill, 2023 was passed by Lok Sabha on Aug 4, 2023 [11] It was also passed by Rajya Sabha on Aug 8, 2023 .
National Institute of Industrial Engineering offers post graduate diplomas in various fields of management and industrial engineering. It also offers doctoral level fellowship programs. Annually, NITIE trains over 2000 professionals through its various week long Management Development Programs (MDPs) [12] and the unit based programs (UBPs) in different areas of Industrial Engineering & Management.
NITIE Mumbai has been a pioneering institute in creating global leaders with techno-managerial skills, right from its inception, offering a two-year full-time management program of Post Graduate Diploma in Industrial Engineering (PGDIE). This flagship course started in 1971, offering specialized management inputs with a solid technical orientation that integrates the entire organization as a single entity. The unique PGDIE course provides a complete amalgamation of classroom courses with industrial exposure through internships, corporate projects, case competitions, and panel discussions with renowned industrial leaders.
India prides itself on its legacy of a decades-long history of professional management education and NITIE is among the forerunners of being the oldest prestigious institutes offering a two-year full-time industrial management programme in the country. NITIE's Post Graduate Diploma in Industrial Management (PGDIM) aims to groom young managers who will not only design better processes and systems but also manage the associated technologies successfully. The alumni, the quality of the infrastructure facilities, collaborations, and sponsored research makes it a distinctive and exceptional program in the country.
Sustainability is a business approach to creating long-term value by taking into consideration how a given business operates in the ecological, social, and economic environment. Similarly,managing workplace safety is an important goal that many corporations have recognized as logical and effective way to provide a better working environment for employees and to cut corporate costs. This programme is one-of-its-kind in South Asia and since its inception in 2001 has attracted students who are passionate about environment and safety issues.
Institute rankings | |
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Business/Management – India | |
NIRF (2023) [13] | 7 |
NITIE is ranked ninth among management schools in India by the National Institutional Ranking Framework (NIRF) in 2023. [13] This marked a steady rise in NITIE's ranking from
The highest package stood at INR 49 LPA with the average package of the top 10% of the batch with 45.37 LPA and top 20% of the batch with INR 38.59 LPA. The average package for the whole batch stood at INR 25.4 LPA with 33% of the Batch of 2022 receiving Pre-Placement Offers (PPO). [14]
Despite the Covid-19 pandemic and the resulting economic downturn, NITIE recorded excellent placements for the batch of 2021. A total of 130 companies participated in the final placement season at NITIE this year. The highest package stood at INR 44 Lakhs, with the average of top 10% of the batch at INR 35.84 Lakhs, top 20% of the batch at INR 31.27 Lakhs, top 30% of the batch at INR 24.47 Lakhs and an overall batch average at INR 19.47 Lakhs per year. 28% of the batch received Pre-Placement offers (PPO) through their Summer Internships at top firms. [15]
The highest stipend stood at INR 3.5 Lacs with the average package of the top 10% of the batch with 3.08 Lacs and top 20% of the batch with INR 3.03 Lacs. The average stipend for the whole batch stood at INR 1.85 Lacs with 88% of the Batch of 2023 receiving more than 1 lac. [16]
NITIE is a student-run institute that has around 30 Committees and Forums that the students can be a part of. Around a year, these committees organize various events and programs like Sansmaran – Alumni Meet, Avartan – Flagship Business fest of NITIE, Mahamandi, Arohan, Panel discussions, Leadership talks, Social Volunteering works, etc. [17]
NITIE has 3 hostel blocks namely Taylor Hall, Gilberth Hall and Vikram Sarabhai Hall and a MDP building for the executives. NITIE boasts of the tallest hostel building in the country with 16 floors and capacity of accommodating 800 students. All hostels are equipped with lifts, water coolers, washing machines, common rooms, uninterrupted WiFi and 1 Gbps LAN connectivity and indoor facilities. The hostel ground floor also features vending machines for quick snacks.
The Academic-cum-Library Building (ALB) enhouses the auditorium, library, fully air-conditioned lecture halls and classrooms. All rooms are equiped with the state-of-the-art multimedia presentation facilities and high speed internet access via Wi-Fi. The new auditorium is acoustically designed with wooden floored stage, fully equipped with all latest sound and light system and has tiered seating arrangement with a capacity of 300 students.
NITIE has well-furnished library housing over more than 55,000 books, 11,000 periodical bound volumes and 237 technical journals in the field of industrial engineering, manufacturing management, operations and supply chain management, project management, safety and environment management, information systems, technology management, marketing, finance, economics, etc. NITIE library possesses a rich assortment of printed as well as electronic reserves which include books, journals, databases, audio-visual materials, CDs/DVDs, e-journals. reports, case studies, training manuals, etc. Additionally, various online services like CD stacker, INDIASTAT, ScienceDirect, EBSCO, IEEE publications, ACM publications, etc are also available.
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