FMS Delhi: MBA student grabs Rs.1.05 crore international package; Placement 2016 sees a buoyant season

MBAUniverse.com News Desk |
March 5, 2016
FMS Delhi student has created history by grabbing an international offer for INR 1.05 crores in the placement 2016
Not only at the domestic front but also at international level FMS Delhi has proved second to none in Placement 2016

Scoring the highest ever international placement during the last 60 years, one of the MBA students at FMS Delhi has created history after grabbing international offer for Rs. 1.05 crores per annum in the campus placement 2016. The student has been offered a salary for Rs. US$150000 (1USD=INR67). The way Indian Rupee is sliding down, it is very much possible that by the time the student joins the company, the value of salary package may go up to Rs. 1.10 crores.

Placement at FMS Delhi in 2016 has seen the salary packages going almost double than the last year. Not only at the domestic front but also at international level FMS Delhi has proved second to none in Placement 2016.

The highest, average and median salaries offered to the FMS Delhi students in placement season 2016 have gone up substantially reflecting the buoyant mood of corporate sector preferring FMS-MBAs to only technical or non-technical graduates. Faculty of Management Studies (FMS) Delhi has yet again maintained 100%  record with higher packages and more offers. The highest domestic salary recorded at FMS Placement 2016 is Rs.66 lakhs while the average salary is Rs.20.5 lakhs marking a sharp increase over the last year.

FMS Delhi Placement 2016 has gone on record nullifying the speculation of economic slowdown and has again placed its MBA programme a shining star all around. Entire participating batch of 210 students got 220 placement offers in diverse domains at yet higher packages offered by more recruiters. According to Dr. Kavita Singh Placement Convener  FMS Delhi “Placements at the Faculty of Management Studies this year are a clear reflection of the academic rigour at the institute along with the competence and quality of our students. It goes a long way to prove the trust and confidence that the corporate world bestows on the institute and its students.”

FMS: Legacy of stellar placement
FMS Delhi has a legacy of securing stellar placements, both in terms of the compensation and the wide variety of profiles on offer. Placement 2016 was no exception to this feat. 210 students out of the MBA batch 2014-16 comprising 223 students at this highly ranked B school participated in the placement process 2016 to explore placement opportunities. 13 students from the batch of 2016 opted to sign out from the Final Placements this season.

Students were offered roles in Consultancy & General Management, Sales & Marketing, BFSI, IT & Operations, and E-commerce among others.

Higher packages steal the show
Proving again that there is no slow down for FMS MBA education, students of this highly ranked B school with high ROI grabbed higher compensation packages in placement 2016. The placement season 2016 at FMS Delhi saw a rise of more than Rs. 3 lakhs in average salary. Average salary rose to Rs.20.5 lakhs from Rs.17.04 lakhs per annum last year marking a rise of 20%. The median salary at FMS Placement 2016 also crossed Rs.20 lakhs recording a rise of 21% over last year.

Top 50% of the offers accepted by the FMS students recorded a rise of 25% with an average salary package of Rs.25.5 lakhs in 2016 rising from Rs.20.46 lakhs last year. The highest domestic compensation in Placement 2016 also increased to Rs.66 lakhs from Rs.35 lakhs in placement 2015.

Releasing the striking data in placement 2016, FMS has confirmed that average placement package was higher for Girls than Boys. While the average compensation for female stood at Rs. 20.9 lakhs it was Rs.20.4 lakhs for male candidates.

Higher number of recruiters
Out of a total 147 participating recruiters who confirmed to participate in placement 2016 at FMS, 80 recruiters made 220 offers to 210 students.

Pre placement offers made by the recruiters in Placement 2016 were 60. However students accepted only 52 offers.

Top recruiters at FMS Delhi in placement 2016 include EY Consulting with 13 offers; Accenture Strategy – 9 offers; Star India – 8 offers;  ITC – 7 offers and M.H. Alshaya – 7 offers. 37% of the batch has been placed in Consulting & General Management domain only.

The placement process at FMS Delhi was divided into 2 parts, the lateral and the final placement processes. Students with greater than 18 months of work experience prior to their MBA participated in the laterals placement process in December 2015. Subsequently, the final placement process for the remaining students was held in January 2016.

Since 1954, as one of the top management institutes in India, Faculty of Management Studies (FMS) University of Delhi has developed distinct brand equity. The learners here challenge assumptions, think beyond visible limits, and add the value of excellence in whatever they do. It was established under the aegis of the University of Delhi. It is situated in the heart of North Campus neighboring some of best colleges and departments of the university.

FMS Delhi is a high ROI B school. If you want to do your MBA from a Top leading Premier B School without burning a hole in your pocket, FMS Delhi is the ideal option for you. No other top rated B School in India charges fees as low as Rs.11000/- per year for a full time MBA degree. On certain counts doing MBA from FMS Delhi is better than doing it from an IIM.

Admission to FMS Delhi is based on CAT 2015 high overall as well as sectional percentile scores. A candidate with 99 overall percentile as well as high sectional percentile in CAT 2015 can expect to be shortlisted by FMS. The B-school has started awarding weightage to sectional percentile scores from the academic session 2016-17. The shortlisting process for personal Interview round of MBA admission 2016 is underway and is about to be declared in a few days.

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