On the money: For NITIE students, the focus is on real-world scenarios
Think of a tournament run by a cricket board, in which teams have owners and players are auctioned. Indian Premier League (IPL)? No, it’s the NPL, or the National Institute of Industrial Engineering (NITIE) Premier League, an inter-collegiate championship held this year on the grounds of Mumbai’s NITIE.
Organising the tournament was not an idle pastime or an escape from classroom study for NITIE students. It was the classroom itself.
Students formed a board of cricket control in NITIE on the lines of the Indian cricket body, Board of Control for Cricket in India (BCCI), and modelled the event after the IPL as an exercise in practical business management.
While the NPL was held for the first time this year, the institute holds Mahamandi, an entrepreneurship event, annually.
“Such events are a great learning experience,” says Neha Singh, 24, a first-year student of industrial management at NITIE.
“They teach us how to strategise, how to approach real markets and handle situations in a real-world scenario,” she adds.
What makes it easier for the school to hold such events is its 63-acre campus overlooking the Vihar Lake in north Mumbai.
This year, the B-school will add a 140,000-sq ft academic block and a 16-storey hostel building that will house 700 students.
“An institution becomes great if it has two things: great students and a great faculty,” says Ranjan Chaudhuri, assistant professor of marketing.
“We have some fantastic students who challenge professors, giving us a chance to work harder,” he adds.
The institute has an enviable record of getting every student a placement every year.
Last year, even though the number of students suddenly increased due to government rules that mandated more seats for reserved categories, it managed to maintain the record.
Established in: 1963
Main courses: PG diploma in industrial management
Other courses: PG diploma in industrial safety and environment management, PG diploma in engineering
Course fee: R5.32 lakh for the main course
Number of students per batch: 250-260
Faculty-student ratio: 1:18
Facilities offered: Fully air-conditioned classrooms, wireless Internet in hostels, state-of-the-art ergonomics laboratory, health and fitness facilities
Day zero placements: 100% (in 2011)
Top recruiters: Procter and Gamble, Hindustan Unilever, ITC, Yes Bank
Famous alumni: Dev Bhattacharya, group executive president, Aditya Birla Group