What is the difference between industrial, production engineering and manufacturing engineering? Which one has better placements?

Production / Industrial Engineering are pretty much the same disciplines. The areas of study include production systems (batch / mass / etc. ), production planning and management, economics of production systems, optimization and simulation techniques, etc. The supporting core engineering disciplines like engineering design, machine tools, production technology, thermodynamics, fluid mechanics, strength of materials, material Science, are all taught as well. Manufacturing Systems Engineering is more often a graduate level course rather than an undergraduate course which focuses on production systems and practices, and their mathematical modeling. There is far less emphasis on the supporting engineering disciplines and far more focus on understanding the determinants of efficient manufacturing in different modes of production. In addition, manufacturing processes are studied in detail - from CNC's and other precision machinery, to nanotechnology.

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