FORE School of Management Placement 2019: Average salary up at Rs.10.8 Lakhs; 10 Students Get International Offers

FORE Placement 2019
Tuesday, February 19 2019, 05:15 PM
Placement 2019 at FORE School of Management is successfully concluded in record time with higher salary packages. The B-school in Delhi has broken its own record in substantial upward swing in highest salary which has gone up to Rs.32 LPA from Rs.21 LPA last year and average salary also going up at Rs.10.8 Lakhs. BFSI sector made the highest offers with 38% of the total offers

Achieving yet another year of successful placement, FORE School of Management, Delhi has broken its own record in getting higher placement packages in Placement 2019 for its PGDM batch 2017-19. The highest salary offered stood at Rs.32 Lakhs, the average salary has gone up to Rs.10.8 lakhs while median salary has also gone up at Rs.10.4 lakhs.

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Final Placements 2019 at FORE School of Management were both faster and better. The institute recorded a higher median salary and multiple job offers for students. Apart from higher salary packages, there has been an improvement in diversity of recruiters also. 

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Final Placement process for its largest ever batch of 2017-19 with 282 students also witnessed new corporate partners associating with the institution, reinstating the faith of the corporate in the institution.

Placement Highlights 2019

  • Average Salary Up at Rs.10.8 LPA from Rs.10.4 LPA
  • Highest Salary Up at Rs.32 LPA from Rs.21 LPA last year
  • Number of PPOs offered are 28
  • Number of Recruiters are 106
  • Batch Size-282 students
  • 10 Students get International Offers in 6 countries
  • New Recruiters increase to 38
  • BFSI makes 38% job offers

Key Placement trends
This year, FORE School of Management has witnessed more offers despite having a larger batch of 282 students. While 10 students have got international offers, number of recruiters with diverse roles, have also gone up.  Consequentially, both the average and median CTC this year have gone up.

Average salary in placement 2019 has gone up at Rs.10.80 lakhs as against Rs.10.4 lakhs last year. The highest salary in placement 2019 stood at Rs.32 lakhs as against Rs.21 lakhs last year.  A comparative analysis of last 4 years Placement trends at FORE reflects that the placement packages at FORE are increasing year after year:

Placement year
Average Placement Package (Rs.in lakhs)
Highest Salary (Rs.in lakhs)
Placement 2019
10.8
32
Placement 2018
10.4
21
Placement 2017
  9.4
18
Placement 2016
  9.0
21

Top Recruiters in Placement 2019
Major Recruiters at Placement 2019 are Capgemini, HCL, Cognizant, Infosys, Hexaware, Zycus, Genpact, EY GDS, Deloitte USI, KPMG Darashaw, Verity, Tata AIA, HSBC, ICICI Bank, ICICI Prudential, ICICI Securities, Hero Fincorp, CRIF Solutions, IDFC First Bank eClerx, Evaluserve, TATA Asset Management, TATA Capital, Verity Knowledge Solutions, Apollo Munich, Citi Corp, CRISIL, DHFL Pramerica, HDFC, Asian Paints, HUL, Indospirit, ITC, Nestle, Nivea, Coffee Day Beverages, Chai Point, Philips, Hilti, Schneider-Electric, Orient Electric, VIVO, Zomato, among others

International Placements at FORE
In addition to the domestic placements, this year students were offered multiple roles for international firms such as Jumbo Electronics, Abudawood AlSafar and Square Yards Roles for GCC Countries like Dubai and Bahrain.

Students were offered diverse set of roles including Key Account Management, Logistics Management, Enterprise services, Category Management (Distribution and Retail) and Business Analytics.

Collectively 10 international offers were extended to students with highest compensation offered as INR 32 LPA, showing faith of the global lead firms in the talent pool at FORE.

More recruiters offering diversity of roles
Apart from higher salary packages, there has been an improvement in diversity of recruiters as well. In terms of industry sectors, BFSI made up 38% of the total offers, followed by IT/ITES making 22% of the offers whereas MR & Consulting and FMCG/FMCD made up 12% and 13% of the offers respectively.

Sectoral Placements at FORE School of Management

BFSI: 38% Offers in Placement
As much as 38% of the batch secured placement in this sector making it the most sought after choice. Diverse roles were offered to the students, with profiles ranging from Strategy and Investment Banking, Global Finance Operations, Financial Modeling, Wealth Manager.

Leading recruiters include, Darashaw, Verity, Tata AIA, HSBC, ICICI Bank, ICICI Prudential, ICICI Securities, Hero Fincorp, CRIF Solutions, IDFC First Bank eClerx, Evaluserve, TATA Asset Management, TATA Capital, Verity Knowledge Solutions, Apollo Munich, Citi Corp, CRISIL, DHFL Pramerica, HDFC Life and HDFC Ltd.

IT/ITES: 22% Offers in Placement
Trending with the growing demand in the sector, 22% of the batch secured placement in IT sector. Diverse roles were offered to the students by organizations such as Capgemini, HCL, Cognizant, Infosys, Hexaware Technologies and Zycus.

FMCG/FMCD/Media: 13% Offers in Placement
FMCG and FMCD sectors had some of the biggest corporate houses recruiting for the first time and offering one of the highest compensation for roles including Sales and Marketing, Valuation and Consulting and Corporate Sales. Organizations include Asian Paints, HUL, Indospirit, ITC, Nestle, Nivea, Coffee Day Beverages, Chai Point, Nivea in the FMCG domain whereas Philips Lighting, Hilti India, Schneider-Electric, Orient Electric, VIVO, Zomato, Times OOH and 92.7 BIG FM offered positions in these sectors. Collectively 13% of the batch opted for careers in the given sectors.

Market Research and Consulting: 12% Offers in Placement
With several new corporate associations, MR & Consulting witnessed 12% of the batch getting placed and saw participation by organizations such as Genpact, Genpact ERC, GEP, EY GDS, Deloitte USI, KPMG GS offering profiles in Strategy and Operations, Supply Chain, Human Capital Consulting and Advisory Services. Leading market research include Euromonitor International, IMRB Kantar and CRISIL.

Automobile/Telecom/Real Estate/ Manufacturing
Major recruiters in the automobile sector include Mahindra & Mahindra, Tata Motors, JK Tyres, VECV, Total Oil and Continental Tyres offering roles in Sales and Marketing and Supply Chain. Bharti Airtel, JK Paper, Saint Gobain, Asahi India Glass, CB Richard Ellis, Tribeca Creators made roles in the Corporate Sales domain.   

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.

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