FMS Summer Placements See 10% Rise in Average Stipend at Rs 86,434

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Delhi University’s Faculty of Management Studies (FMS) has wrapped up the summer placement 2017 with students securing an average stipend of Rs 86,434, a 10% increase over the previous year.

The placements also saw a 25% increase in General Management offers and 10% increase in offers from the BFSI sector. Other sectors included domains include Sales and Marketing, BFSI, Operations and IT, as well as new sectors such as Automobile, E-Commerce, Healthcare, Social Development, Media Marketing and Pharmaceuticals.

Of the total 226 students in the batch, 210 had turned up at the placement. They accepted offers from 79 firms from 16 sectors, including 36 first time recruiters. FMS said the school was able to get 100% placement. Meanwhile, 16 students had opted out of the placement drive.

Major recruiters were Sales & Marketing with 87 offers. The recruiters included Asian Paints, Bajaj Auto, Bennett Coleman & Co., Coca-Cola, Dabur, Dr Reddy’s, Essel Group, GE, Godrej, GSK Consumer, GSK Pharma, HUL, ITC, Johnson & Johnson, Mondelez, Nestle, Novartis, P&G, Reckitt Benckiser and Shell.

The top 50% average stipend was pegged at Rs 1,15,725 and top 70% Average was Rs 1,04,464. The median stipend was Rs 80,000.

Major recruiters were Sales & Marketing with 87 offers. The recruiters included Asian Paints, Bajaj Auto, Bennett Coleman & Co., Coca-Cola, Dabur, Dr Reddy’s, Essel Group, GE, Godrej, GSK Consumer, GSK Pharma, HUL, ITC, Johnson & Johnson, Mondelez, Nestle, Novartis, P&G, Reckitt Benckiser and Shell.

While 39% of the students received a stipend of more than Rs 100,000, the average stipend for female candidates was Rs 96,026.

Major recruiters were Sales & Marketing with 87 offers. The recruiters included Asian Paints, Bajaj Auto, Bennett Coleman & Co., Coca-Cola, Dabur, Dr Reddy’s, Essel Group, GE, Godrej, GSK Consumer, GSK Pharma, HUL, ITC, Johnson & Johnson, Mondelez, Nestle, Novartis, P&G, Reckitt Benckiser and Shell.

Consulting and General Management came up with 35 offers. The firms included Accenture Strategy, Airtel, BCG, EY, Gartner, RIL, RPG, TAS and ThouCentric.

The 51 offers in BFSI came from American Express, Axis Bank, Citibank, DBS, GE, HSBC, ICICI Bank, IDG Ventures, Standard Chartered and Yes Bank, among others.

E-Commerce/IT/Operations came up with 37 offers. These included Adobe, Amazon, HP, Microsoft, Shopclues, TCS and Wipro.

Investment Banking (IB) and Private Equity (PE) accounted for 15% of the offers.

The two-year full-time MBA program, according to FMS, is aimed at providing a strong analytical foundation in key functional areas while enabling a high degree of academic flexibility, allowing students to customize their academic experience.

The first year introduces students to the essential models and tools, with a focus on rigorous training in diverse disciplines in management and the development of a strong foundation of business knowledge and management theory. The year concludes with a rigorous Summer Internship program which allows students to explore the practical application of the management concepts.

In the second year, the students decide on their professional development plans by reflecting on their first year’s learning and Summer Internship experiences. This experience is augmented by interactions with an eclectic mix of world-renowned faculty and corporate luminaries who together teach 22 core courses and over 78 elective courses. After two years of 360-degree learning, the students move on to realize their dreams in the corporate world.

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