FORE School of Management Placement 2021: Average salary up at Rs. 10.7 LPA; Highest salary at Rs.27 LPA; 22 Students Get PPOs

X

Register for CAT 2021 & MBA Admissions Updates

close

MBA/PGDM ADMISSION 2022 ALERT 
Check Admission Status of Top B-schools & Apply Now

B-school  Application Status Last Date
IMI New Delhi Open | Apply Now December 13
MICA Ahmedabad Open | Apply Now January 16
TAPMI Manipal Open | Apply Now December 11
Great Lakes Chennai Open | Apply Now December 05
GIM Goa Open | Apply Now December 06
LBSIM Delhi Open | Apply Now Closing soon
SDA Bocconi Asia Center Open | Apply Now Closing soon
K J Somaiya Mumbai Open | Apply Now Closing soon
MBAUniverse.com News Desk |
May 20, 2021
FORE School of Management has successfully concluded its placement 2021 in record time for the 2019-21 batch with a higher average salary of Rs.10.7 LPA and highest salary of Rs.27 LPA. 136 companies participated in Placement season 2021. FORE has also recorded an improvement in diversity of recruiters and profiles offered to the students. IT/ITES sector made the highest number of offers with 39% of the total offers
FORE Placement 2021

Achieving yet another year of successful placement, FORE School of Management, Delhi has concluded Placement 20219 in record time for its large PGDM 2019-21 batch comprising 355 students with higher average salary despite the Covid pandemic situation. The highest salary stood at Rs.27 lakhs and the average salary has gone up at Rs.10.7 lakhs from Rs.10.6 lakhs last year while median salary has gone up at Rs.10.3 lakhs in placement 2021 from Rs.10.1 lakhs last year.

Final Placements this year were both faster and better, which was manifested in a good Average CTC and Median CTC, multiple job offers along with International job opportunities. In addition to higher salary packages, there has been an improvement in diversity of recruiters and profiles offered. In terms of industry sectors, IT/ ITES made up 39% of the total offers and BFSI making 22% of the offers whereas MR & Consulting along with FMCG, FMCD, Automobile made up 21% and 10% of the offers respectively. 8% of the total offers were made by other sectors who recruited FORE students. FORE Global Alumni offered their ceaseless support and assistance.

Final Placement process for largest ever batch with 355 students also witnessed new corporate partners associating with the institution, reinstating the faith of the corporate in the institution. 

MBA/PGDM Admissions 2022 Open | Apply Now
IMI New Delhi PGDM Admissions 2022 Last Dec 13
LBSIM Delhi PGDM Admission 2022

Placement Highlights 2021

  • Average Salary goes up at Rs.10.7 LPA in Placement 2021 from Rs.10.6 LPA last year
  • Median Salary goes up at Rs.10.30 LPA in 2021 from Rs.10.1 LPA last year
  • Highest Salary: Rs.27 LPA
  • Number of PPOs offered: 22
  • Number of Recruiters: 136
  • Batch Size: 355 students
  • 22 Students get PPOs
  • New Recruiters increase to 38
  • 39% jobs offered in IT/IES Sector
  • Top Recruiters include ITC, Nestle, Mauti Suzuki, Nivea, Tata Motors, TTK, Whirlpool, Asian Paints, Goldman Sachs, Crisil, Deloitte, EY, KPMG among others

Key Placement trends
This year, FORE School of Management has witnessed more offers despite having a larger batch of 355 students. A comparative analysis of last 5 years Placement trends at FORE reflects that the placement packages at FORE are strong despite the slowdown in the economy and the Covid pandemic situation

Placement year
Average Placement Package (Rs.in lakhs)
Highest Salary (Rs.in lakhs)
Placement 2021
10.7
27
Placement 2020
10.6
30
Placement 2019
10.8
18
Placement 2018
10.4
21
Placement 2017
  9.4
18

Top Recruiters in Placement 2021
Major Recruiters in Placement 2021 at FORE School of Management are Asian Paints, ITC, Nestle, Nivea, Coffee Day Beverages, Schneider-Electric, GE, VIVO, HSBC, GEP, EY, Deloitte, KPMG, Mahindra & Mahindra, Tata Motors, Crisil among others as given below

FSM Placement

 

FSM Placement

FORE 2019-21 Batch Profile: Key Highlights
FORE School of Management has a legacy of high gender diversity and large number of students with work experience from all back grounds. Key highlights are:

1. High Gender Diversity
FORE has 49% Female students and 51% male in its 2019-21 batch

2. High Academic Diversity
FORE has fewer than 50% students with Engineering back ground. Academic diversity for the batch 2019-21 is shared below:

FSM Placement

3. High Ratio of Students with Work Experience
FORE offers good opportunity of peer learning at its campus. The PGDM 2019-21 batch 49% students with varied work experience.

FSM Placement

Domain wise Share of Placements
Marketing recorded largest share of placement offers with 44% students getting key roles in this domain. Next one was the Finance domain with 24% share in FORE Placement 2021 followed by International business with 17% share. Domain wise placement 2021 at FORE School of Management, New Delhi  is as under:

FSM Placement

Domain-wise Highest Salary Package & Roles offered
FORE School of Management recorded highest salary in Consulting & Research domain followed  by high salary packages in IT and Marketing domains. Domain-wise highest salary packages offered to the FORE students in Placements 2021 are shared below:

FORE Placement Domain 2021
Highest Salary Offered (Rs.in Lakhs)
Roles Offered
Consulting & Research
27 LPA
Management Trainee, Associate Consultant, Research Analyst,  Analyst- Advisory Services
Information Technology
25 LPA
Associate Consultant, Senior Management Trainee - Presales - Identity and Access Management, Business Development Analyst , Business Analysts , Senior Management Trainee
Marketing
24 LPA
Product Manager, Area Manager Trainee (Sales), Dy Manager, Associate Consultant, Business Development Analyst, Territory Sales Manager, Management Trainee-Sales & Marketing, Area Supply Manager, Section Manager
Operations
20 LPA
Management Trainee ( Operations), Executive Operations, Central Operations- Management Trainee, Process Manager - Financial Market, Branch Leadership (Responsible for branch operations), MT’s Operations, Executive Operations, Operations - Assistant Manager, BD Operations Support
Human Resource
17 LPA
Management Trainee HR , Analyst , Strategic HR, Management Trainee: Talent Acquisition, Business Partner HR, HR & Admin
Finance
17 LPA
Financial Analyst , Assistant Manager, Global Finance Operations, Business Analyst, Process Manager, Wealth Manager, Dy Manager- Corporate , Management Trainee

Sectoral Placements at FORE School of Management
Apart from higher salary packages, there has been an improvement in diversity of recruiters as well. In terms of industry sectors, IT/ITES made up 39% of the total offers, followed by BFSI making 22% of the offers whereas MR & Consulting made up 21% offers respectively.

FSM Placement

IT/ITES: 39% Share
Trending with the growing demand in the technology sector, 39% of the batch secured placement in the IT sector. Diverse roles like Senior Management Trainee, Category Manager- IT Sales, Talent Acquisition Trainee, Presales Consultant, Product Manager, Programme Manager, Business Analyst, etc. were offered to the students by organizations such as Mindtree, Dell Technologies, Capgemini, HCL Technologies, Cognizant, Amazon Development Centre, Salesforce, Infosys, Tech Mahindra, Mphasis and Zycus. FORE saw participation of new recruiters like Incture, Innover, Hevo Data, and International offer from Collabera.

BFSI: 22% Share
BFSI being one of the most sought-after sectors to be placed in, placed 22% of the batch. Diverse roles and profiles offered ranging from Strategy, Investment Banking, Deputy Manager, Relationship Manager, Investment Banking Associate to Wealth Manager, Research Analyst & Business Analyst etc. Leading recruiters includes Goldman Sachs, HSBC, ICICI Bank, EXIM Bank, Clear Tax, Pine Labs, CRIF Solutions, Evalueserve, CRISIL & HDFC Life etc. With several new Corporate associations, FORE witnessed Goldman Sachs, Oxane Partners Limited, Yes Securities, Fincare Small Finance Bank, etc. visiting for the first time and hiring students.

Consulting & Market Research: 21% share
Market Research & Consulting is one of the most growing sectors with 21% of the batch being placed in it. FORE saw participation from organizations such as ZS Associates, Genpact, Genpact ERC, GEP, Deloitte USI, KPMG GS, GlobalData Plc, Verity Knowledge Solutions offering profiles in Strategy and Operations, Supply Chain, Human Capital Consulting, and Advisory Services. Leading Market Research companies including Euromonitor International, IHS Markit, Kantar IMRB and Smart Cube hired students this year.

Automobile, Retail & Manufacturing
Major recruiters in these sectors include Maruti Suzuki, Royal Enfield, JK Tyres, VE Commercial Vehicles, Hyundai Motor India Ltd. DHL, SRF, Tata Power, Vikram Solar, Reliance Retail , Target Corporation, JLL, Spencer's Retail offering roles in Sales & Marketing, Supply Chain and Strategy.

FMCG, FMCD & MEDIA
FMCG, FMCD & MEDIA sectors had some of the biggest corporate houses recruiting and offering one of the highest compensations for roles including Area Management Trainee, Management Trainee, Executive Trainee, and Corporate Sales. Organizations including Asian Paints, ITC, Nestle, Relaxo Footwears, United Biscuits, LT Foods, TTK Healthcare, Schneider Electric, Jio Saavn, Viacom 18, Big FM, offered various positions in these sectors.

FORE Alumni Present Across the Globe
Out of the large alumni base, more than 800 FORE Alumni, including some of the top functionaries, are making their presence felt across the globe. There are 333 FORE alumni in USA; 114 in Canada; 100 in UK; 110 in UAE; 74 in Australia; 84 in Singapore and many others in other countries of the world. The large alumni base has been a great motivational factor in rising International Placements at FORE School of Management, New Delhi.

FORE School of Management has obtained SAQS certification.Various improvement initiatives in Academics as well as Corporate Focus have taken place at FORE. Innovation in Pedagogy, Curriculum redesign based upon the feedback of Corporates were some of the initiatives that were completed at the Institute. A special initiative was launched for students so that they could target their dream companies better. All these initiatives have resulted in better placements, better job profiles, higher CTC.

Foundation for Organizational Research and Education (FORE) was established in 1981 as a non profit institution. The B-school is located in the heart of South Delhi. The PGDM programmes at FORE are AICTE approved and learning experience at FORE is good. FORE is one of the Top Rated B-School in North India by Crisil.

FORE has academic Partnership with Harvard Business School Publishing Corporation (HBSP), USA College of Business Administration, Savannah State University, USA , Asian Institute of Technology (AIT), Thailand.

Stay tuned to MBAUniverse.com for more updates on FORE School of Management