FMS Delhi Student Gets Rs.1.23 Cr Salary; Completes 100% Final Placement 2023 with Sharp Rise in Average Salary; Goes up at Rs.34.1 LPA from Rs.32.4 LPA; Accenture, Amazon, Bain & Co, BCG, ITC hire Big

FMS Delhi final Placement 2023 has concluded with its student getting Rs.1.23 Crore LPA international salary and average salary shooting up at Rs.34.10 LPA this year from Rs.32.40 LPA last year. Faculty of Management of Delhi University has again achieved 100% placements and has recorded many firsts for the largest MBA 2021-23 batch. Maintaining its reputation as a gold standard business school, FMS Delhi MBA 2021-23 batch achieved all time high average salary while the median salary has gone up at Rs.31 LPA. Besides 97% of the placement offers were above 20 LPA. The BFSI sector saw a significant rise in the number of offers made, with a 19% increase compared to the previous year.

On the successful completion of final placements 2023, Prof. Kavita Singh, Placement Convenor, FMS Delhi said, “Our average salary for the 2021-23 batch has gone up, once again giving a signal that that our students are not only our strength but also of the corporate. The recruiting companies with their wide range of the profile offers were able to identify and choose from the diverse pool of students of different disciplines. Both the companies and the students were able to match their mutual aspirations and expectations due to the transparent placement process followed at the FMS.”

FMS Placements 2023 saw participation of 269 out of 273 students, with four students opting for Placement Holiday, a unique opportunity available at FMS – the provision to take a placement break to pursue an entrepreneurial venture, with the option to return within two years to sit for the placements. Key highlights of FMS Delhi Placements 2023 are shared below.  

FMS Delhi Placement 2023: Key Highlights

• 100% placements for MBA 2021-23 Batch
• Average Salary goes up all time high at Rs.34.1 LPA in Placement 2023 from Rs.32.4 LPA last year
• Overall Median Salary increased at Rs.31 LPA from Rs.30 LPA last year
• Average Salary for the top 10% of the batch goes up at Rs.68.16 LPA
• Average Salary for the top 25% of the batch goes up at Rs.51.67 LPA from Rs 48.4 LPA last year
• Average Salary for the top 50% of the batch goes up at Rs.43.03 LPA from Rs.40.78 LPA last year
• Highest Salary goes up at Rs.1.23 Crore
• 97% of the offers made were above 20 LPA
• 19% rise in the number of offers made in the BFSI sector.
• 269 Students out of 273 participated in Placement process 2023 
• 4 Students opted out for Placement Holiday to pursue Entrepreneurship
• FMS Delhi MBA 2021-23 Batch comprises 126 freshers and 147 are with work experience upto 37+ months
• 27% offers were made in Consulting Domain
• No of Offers made: 283
• No of Pre-Placement Offers made (PPOs): 109
• No of Pre-Placement Offers (PPOs) accepted: 108
• No of companies confirming participation: 110
• No of companies invited for FMS Delhi Placements 2023: 80
• Top recruiters include Accenture, Amazon, Bain & Co, BCG, ITC, Kearney, Microsoft,  KPMG, EY, HUL, Axis Bank among others

Source: FMS Delhi Placement Report 2023

FMS Delhi Placement Holiday: Unique Opportunity
4 students out of the MBA 2021-23 batch of 273 students did not participate in the placement season 2023 and marched on the entrepreneurship ventures. FMS Delhi gave them placement holiday to pursue the entrepreneurial journey - a unique opportunity available to the students of FMS in which they can take a break from the placement process and pursue an entrepreneurial venture. The students can then return within 2 years to sit for the placements, in case they need it.

Placement Trends: Analysis for Last 5 Years
The highest RoI B-school in India, FMS Delhi has yet again achieved 100% placemen with substantial rise in the average salary and median salary as compared to last year. FMS Delhi Placement 2023 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 students got placement offers in diverse domains at higher packages offered by more recruiters. Key trends in compensation packages are:

Top Recruiters in FMS Placements 2023
In placement 2023, FMS Delhi witnessed a host of marquee recruiters, including Accenture Strategy, Airtel, Amazon, American Express, Atlassian, Bain & Co., BCG, BDA Partners, Colgate-Palmolive, DBS Bank, HUL, I-PAC, ITC, Kearney, Microsoft, Media.net, Mondelez, Morgan Stanley, Nestle, Nomura, O3 Capital, Piramal Group, Standard Chartered, and TATA Administrative Services. Consulting giants, in particular, hired from FMS Delhi in record numbers, underscoring the prestigious position the institution holds among India's business schools

Sectoral & Domain wise Placements 2023
FMS MBA students work with industry to solve real world problems through Live Projects or part time internships. This is one of the many factors that attract leading corporate from diverse sectors in placements cycle at FMS Delhi every year and offer leading roles in desired domains. Below are shared the individual sector and domain wise Placements at FMS Delhi

Source: FMS Delhi Final Placement Report 2023

Consulting: 27% Offers
27% of the candidates got placed in the Consulting domain. Prominent recruiters offering roles in this domain were Accenture Strategy, Aon Consulting, Bain & Co., BCG, Deloitte, Ernst & Young, Kearney, KPMG, PricewaterhouseCoopers, Synergy Consulting.

BFSI: 19% Offers
Of the total offers, 19% were from the Banking, Financial Services & Insurance (BFSI) domain, with companies such as American Express, Axis Bank, BDA Partners, DBS Bank, HDFC Bank, Morgan Stanley, NatWest, Nomura, O3 Capital, Power Finance Corporation, Standard Chartered, and State Street making offers for various roles, including Front-end Investment Banking, Private Equity, Corporate Finance, Corporate Banking, Wealth Management, and Treasury.

IT/Analytics/Operations: 18% Offers
In the IT/Analytics/Operations domain, companies like Atlassian, Amazon, Appario Retail, EXL Analytics, Flipkart, GO-MMT, Jio Platforms, MagicBricks, Media.net, Microsoft, OfBusiness, Paytm, and Zomato offered 18% of the total offers.

General Management: 16% Offers
The General Management and Strategy domains saw an increase in the number of offers to 16% of the total offers, with Airtel, Adani, Capgemini, I-PAC, Piramal Group, Renew Power, RPG, Sterlite Power, and TAS being some of the prominent recruiters.

FMCG: 20% Offers
Apart from the legacy recruiters in the FMCG sector, Sales/Marketing roles were offered by the Pharmaceutical, Consumer Electronics, Retail, E-Commerce, Industrial Goods, and Automobile sectors, with recruiters such as Asian Paints, Colgate-Palmolive, Dabur, Dr. Reddy’s Laboratories, HUL, ITC, Mars Wrigley, Mondelez, Nestle, Pernod Ricard, Pidilite, and Reckitt constituting a total of 20% of the offers.

FMS Placement 2023 Process: Divided in Two Parts
The placement process at FMS Delhi was divided into two parts, the Lateral and the Final placement processes. Students with greater than 18 months of work experience prior to their MBA participated in the Lateral placement process in December 2022. Subsequently, the Final placement process for the remaining students was held in January 2023. To ensure a smooth and transparent process for the companies, some important measures were taken. Firstly, a slotting exercise was done to decide when a company would come in the placement process. Also, for the sixth year in a row, a scheduling algorithm was run in the placement process to optimally match the company and student’s preferences during the recruitment exercise.

Entrepreneurship in FMS Placement Process
To encourage entrepreneurship, FMS provides a placement holiday to students who wish to pursue their own ventures and allows them to participate in a subsequent placement process for up to two years, in case they want to avail the opportunity.

The strong placements every year are a testament to the culture of excellence that FMS instils in its students. Apart from their academics, the students are encouraged to gain real-life industry exposure while pursuing their MBA, working with industry giants to solve real-world problems. A scheduling algorithm was run in the placement process to optimally match the company and student’s preferences during the recruitment exercise.

FMS Delhi is a high ROI B school. If you want to do your MBA from a Premier B School without burning a hole in your pocket, FMS Delhi is the ideal option for you. On certain counts doing MBA from FMS Delhi is better than doing it from a top IIM.

Faculty of Management Studies (FMS) Delhi is one of India's oldest B-school, established in 1954 under the umbrella of the University of Delhi. Having a rich legacy, excellent academic environment, and corporate exposure, FMS has continuously made a mark for itself as one of India's leading business schools. FMS 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. FMS is situated in the heart of North Campus of Delhi University, neighboring some of best colleges and departments of the university.

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