FMS Delhi Summer Placement 2014-16: Process over in 3.5 days

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MBAUniverse.com News Desk |
October 28, 2014
The Summer Placement Process for the 2014 16 batch at FMS Delhi reinstated FMS stature as one of the premier B Schools in the country
This process was facilitated by the availability of diverse pool of students to the variety of profiles offered by the companies across different domains.Dr Kavita Singh Placement convener, FMS Delhi

The Summer Placement Process for the 2014-16 batch at Faculty of Management Studies, University of Delhi reinstated FMS stature as one of the premier high ROI B-Schools in the country. Continuing its legacy of securing stellar placements, both in terms of the compensation and the wide variety of profiles on offer, FMS this year’s summer placement season has seen companies opening multiple profiles and recruiting in large numbers. This has led to FMS securing 219 offers for the batch of 2016, ensuring 100% placements within a span of 3.5 days.

According to Dr Kavita Singh, Placement Convenor FMS Delhi “This process was facilitated by the availability of diverse pool of students to the variety of profiles offered by the companies across different domains.”  Despite the uncertain economic environment, 134 companies across sectors confirmed participation at FMS to choose from amongst the best minds in the country. However, the final tally stood at 87 for 219 students participating in the process.

The current year witnessed 36 new companies participating in the summer placement process that opened multiple profiles across a variety of domains. This ensured plenty of choice for candidates to pursue careers in the field of their preference. While continuing to be one of the top campuses for Finance & Marketing domains, Consulting and General Management have also started to gain ground over the recent years. A lot of niche finance roles were also offered this year by a number of PE/VC firms.

Another important feature in this year’s summer placements was the participation of Boston Consulting Group, Morgan Stanley and IDG Ventures. IDG Ventures, a VC firm, hired exclusively from FMS Delhi. Morgan Stanley offered their front end Investment Banking role only to three campuses in India and FMS is one of them.

Key Statistics of FMS Summer Placements 2014-16

No. of companies confirming participation

134

No. of companies participating

87

Total no. of students participating in the process

219

Total no. of students who were made offers through placement process

219

No. of companies recruiting for first time in FMS

36

Average stipend of total offers (INR per month)

59,441

Median stipend of the offers made (INR per month)

60,000

High and Low at FMS summer placement

The highest domestic stipend on offer was INR 2 lakhs per month whereas the highest international stipend on offer was 500 Kuwaiti Dinar (INR 1.06 lakhs). The median stipend was INR 60 thousand per month.

Domain/Function wise Breakup

As is the trend in other top B-Schools, majority of the Students at FMS opted for the Marketing and Finance profiles. 40% of the students opted for the Marketing profiles while 26% opted for finance profiles.  
General Management (8%), consulting (13%), IT (7%), Operations(5%) and HR(1%) contributed to 34% of the total offers made. Only 1% students preferred HR.

Sector wise Breakup

The BFSI sector is leading with 22% in making the offers to the students. FMCG is the second preference of the students with 17% followed by Consulting with 14% and Telecom/technology with 13%.  Retail, E-commerce and manufacturing sectors had a share of 7% each followed by Consumer durables with 5%.  Rest was divided among Media & Entertainment (3%), Healthcare (2%) and others (3%).

Top Recruiters at FMS summer placement

General Management & Consulting

Students of MBA at FMS secured summer placements from Boston Consulting Group, Accenture Management Consulting, Deloitte USI and Aon Hewitt. Everest Consulting hired exclusively from FMS.

In the General Management domain Tata Administrative Services (TAS) emerged as the largest recruiter picking up 7 students. Other top recruiters include  Mahindra & Mahindra, Reliance Industries Limited, RPG and Airtel.

Marketing

FMS continues to maintain its position as a stronghold for the domain of Sales and Marketing. This year’s process saw the offers in the Marketing domain spread across a variety of sectors. A number of E-commerce companies - Amazon, Flipkart, Snapdeal,  InfoEdge - visited FMS and hired for their Marketing roles.

FMS also received healthy participation from legacy recruiters in the FMCG sector. This year Mondelez and Pepsi came back to campus for their Sales & Marketing profile. Danone recruited for the first time from FMS for their S&M role. International Roles in marketing were offered by M.H. Alshaya.

HT Media, Times OOH, Multi Screen Media (Previously Sony Entertainment Television) and Star represented the Media and Entertainment sector while Adobe, Microsoft and Vodafone were representing the Telecom and Technology sector. FMS students also secured offers through National Level competitions conducted by Godrej and SAB Miller. Consumer banking/Marketing profiles were offered by Citibank, HSBC, Axis Bank and American Express

Some of the recruiters in the area of Marketing at FMS campus were HUL, Mondelez, Nestle, ITC, Asian Paints, Pepsico,  Amazon among others.

Finance
Despite the unfavorable conditions in the banking and financial sector, FMS managed to successfully place more than  fourth of the batch in finance profiles across various roles.

The BFSI sector accounted for nearly one-fourth of all companies participating in the process this year. Deutsche Bank was the largest recruiter in the BFSI sector. GE also recruited students for their FMP role A lot of niche profiles were on offer during this year’s process such as roles in front end investment banking and financial markets. FMS secured the participation of Morgan Stanley for their front-end Investment Banking role. A lot of coveted Finance roles were also offered by PE/VC firms like Indus Balaji (Fund Management role), Avigo Capital, IDG Ventures and Lumis Partners. Edelweiss offered roles in Treasury and HNI Broking.

Corporate finance profiles were offered by Coca-Cola, Philips, Vodafone and Mars, ensuring that the students have sufficient breadth in terms of sector as well as profiles in choosing to pursue their careers in the financial domain. FMS also secured the participation of legacy banks – Citibank, Standard Chartered and HSBC.

IT/Operations/HR
A variety of roles including supply chain, procurement and logistics were on offer at FMS for the students interested in Operations and IT domains.  In the IT domain, FMS students secured placements in General Electric’s IT Leadership programme. Microsoft also offered its SMSG role, while HCL offered its international position of Global Engagement Manager. Business Development roles were offered by InfoEdge and Aricent.

Amazon visited FMS to recruit for a multitude of roles – Account Management, Product Management, Category Management, Business Development, Marketing and Operations. Snapdeal opened 8 profiles for the students of FMS. Flipkart also recruited a number of students from FMS. Operations roles were also offered by The Coca-Cola Company, Perfetti, Philips and Vodafone

Unique Placement process at FMS

Dr Kavita Singh, placement convener sharing the summer placement process at FMS Delhi conveys “This year also witnesses a positive shift in the process of Placements. Before the onset of the Summer Placement Process, the aspirants were made to give their preferences for the kind of company and the profiles that they were aiming at. This was then matched with the preference given by the Company after they had made the offer to the candidates. It was done to achieve the ‘best fit’ between the person and the job which would be advantageous both to the company and the students. It also helped the team to maintain a high degree of transparency in the process.

The entire process has been successful because of the effort and dedication of all the stakeholders involved in it.”

Stay tuned to MBAUniverse.com for more updates on FMS Delhi