FMS Delhi Summer Placement 2015-17 batch: records 22% hike in Average stipend

MBAUniverse.com News Desk |
November 2, 2015
FMS Delhi concluded the process of summer placement for fresh MBA batch 2015-17 with 22% rise in average stipend and more offers by more recruiters
The season saw greater participation from fast growing, emerging businesses, specially in e-commerce and consulting domains Dr Kavita Singh Placement convener, FMS Delhi

FMS Delhi concluded the process of summer placement for fresh MBA batch 2015-17 with 22% rise in average stipend and more offers by more recruiters. The Summer Placement Process 2015 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, this year’s summer placement season at FMS Delhi saw companies opening multiple profiles and recruiting in large numbers. This has led to FMS securing 207 offers for the batch of 2015-17, ensuring 100% placements.

Unique Company slotting exercise
To ensure a smooth and a completely transparent process for both the recruiters and the students two important measures were put in place for Summer placement 2015. First, the students undertook a “Company Slotting” exercise to decide on the order in which the companies should visit the campus for recruitments. Second, a scheduling algorithm was devised keeping in mind preferences of both the students and the recruiters and the same were used for a successive second time in the recruitment process.

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.

More new recruiters
The current year witnessed 54 new companies participating in the summer placement process as against 36 last year. This opened multiple profiles across a variety of domains and 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.

Despite the uncertain economic environment, 117 companies across sectors confirmed participation at FMS to choose from amongst the best minds in the country. However, the final tally stood at 76 for 207 students participating in the process.

According to Dr Kavita Singh, Placement Convenor FMS Delhi “The season saw greater participation from fast growing, emerging businesses, specially in e-commerce and consulting domains. The average stipend for the batch once again went up significantly. This stands testimony to the quality of students who graduate from the Faculty of Management Studies and the relevance of its curriculum to the needs of the world of business.”

Highlights of  FMS Summer placement 2015

-- All 207 students eligible for placements received internship offers with the average stipend rising to INR 72,051 per month, a 22% increase compared to last year

-- The median stipend was INR 75,000 per month, highest being INR 2,00,000 per month with top 50% students receiving an average stipend of INR 93,823

-- 51 students received offers of stipend above INR 1,00,000 per month

-- First time hiring in Social and Development sector – Bill & Melinda Gates Foundation and Teach For India hired for strategy/consulting roles

-- There was an increase of 20% in offers from top firms in FMCD/G domain

-- Offers from The Boston Consulting Group, Accenture Strategy and Deloitte USI combined increased from 9 to 16 over the previous year

-- Offers from E-Commerce giants Amazon and Snapdeal rose to 15 (11 last year)

-- Majority of offers were made by companies for young leadership development roles to freshers and students with about 1 year work experience

Key Statistics of FMS Summer Placements 2015-17

No. of companies confirming participation

117

No. of companies participating

76

Total no. of students in the batch

217

Number of students signed out/taken holiday

10

Total no. of students participating in the process

207

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

207

No. of companies recruiting for first time in FMS

54

Average stipend of total offers (INR per month)

72,051  

 Median stipend of the offers made (INR per month)

75,000

Highest stipend

200,000

Domain/Function wise Breakup
89 students at FMS Delhi opted for the Marketing profile; 45 for Finance; 25 for consulting; 22 for IT/Operations and ecommerce; 21 for General management and 5 opted for HR.

Sector wise Breakup
The FMCG/G sector is leading with 61offers followed by BFSI with 47 offers. 25 offers are from consulting and 24 are from e-commerce. 16 offers were made by Conglomerates and 14 by Tech/Telecom. 9 offers were made by media while rest 11 offers were made all others.

Top Recruiters at FMS summer placement

General Management & Consulting
Accenture Strategy made the highest 12 offers. The Boston Consulting Group hired again from FMS testifying the campus’ calibre in this domain . Other recruiters in this domain were Deloitte USI S&O, Capgemini, Cognizant, EY, KPMG among others. In General Management the Aditya Birla Group selected 2 students for their prestigious internship program. Legacy recruiters in this domain include Tata Administrative Services, Mahindra GMC, Reliance Industries Limited. RPG Grou and United Colours of Benetton also offered General Management roles to students.

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.

The FMCG/FMCD sector saw some of the most prestigious firms in the country making offers at FMS. Some of these firms include Hindustan Unilever, Asian Paints, ITC, Johnson & Johnson, Nestle, Coca-Cola, PepsiCo, RB, Godrej, Britannia, Mars, Loreal, etc. Colpal and GSK hired from FMS after a gap. Notable new recruiters included AB InBev, Bennett Coleman & Co. Ltd, Dr. Reddy’s, Raymond among others.

Finance
More than 45 offers were received from companies from the BFSI space. Morgan Stanley, Espirito Santo and Avendus Capital hired for front-end Investment Banking roles. Mentioned IBs and International Banks such as Goldman Sachs, JP Morgan Chase, Deutsche Bank, Citibank, HSBC, Standard Chartered, Bank of America and DBS hired 31 students amongst themselves. FMCGs like PepsiCo and Coca-Cola also
hired for their corporate finance roles.

E-Commerce & IT services/Operations
FMS saw e-Commerce giants like Amazon, Infoedge, Snapdeal etc recruiting students in good numbers. A variety of roles including product management, operations, account management, online marketing, etc. were offered. Major participants in the technology segment were Adobe, IBM, Microsoft and Wipro.

Social and Development Sector
For the first time in FMS History, there was participation from industry leaders in the social and development sector. Students showed great enthusiasm for roles in these companies in terms of student preferences as well as slots. The below - mentioned companies confirmed participation among others. 

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