TISS Mumbai Completes M.A. HR & LR Placements 2023 with 13.6% Rise in Average Salary at Rs.27.22 LPA; Deloitte, Asian Paints, ITC, Kotak hire big

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MBAUniverse.com News Desk
Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on April 3, 2023
Tata Institute of Social Sciences (TISS) Mumbai has completed 100% placements for the MA HR and LR 2021-23 batch with 13.56% increase in average salary which has gone up at Rs.27.22 LPA while highest salary has gone up by 16% at Rs.49 LPA. Among the top recruiters who made highest placement offers are included Deloitte India, Asian Paints, ITC, and Kotak Mahindra. FMCG/FMCD, Consulting, Conglomerates, and Engineering/Technology emerged as the top recruiting sectors
TISS Mumbai Placements 2023

Achieving yet again 100% placements for its Master of Arts (Human Resource Management & Labour Relations) 2021-23 batch, Tata Institute of Social Sciences (TISS) Mumbai has broken all previous salary records in final placements. Proving again its high RoI status, the highest salary at TISS for the M.A. HRM & LR 2021-23 batch has increased by 16.42% at Rs. 49 LPA and the average salary has gone up by 13.56% at Rs.27.22 LPA. Total 66 students participated in TISS final placements 2023 and out of them 27 students received Pre-Placement offers (PPOs).

Top recruiters that participated in TISS placements 2023 included Accenture, Accenture Strategy, Aditya Birla Group, Asian Paints, Deloitte India, Flipkart, HUL, ITC, Korn Ferry, Marico, Nestle, TAS among others. Deloitte made highest number of offers followed by Asian Paints, ITC, and Kotak Mahindra. FMCG/FMCD, followed by Consulting, Conglomerates, and Engineering/Technology emerged as the top recruiting sectors in TISS Placements 2023.

It may be noted that TISS offers its M.A. HRM & LR program at a very low fee of Rs.1.89 lakhs while the placements go many times higher and are at par with top IIMs and other top B-schools.

TISS Mumbai Placements 2023: Key Highlights
Key highlights and placements trends at Tata Institute of Social Sciences (TISS) Mumbai are as below:

  • Completes 100% Placements
  • TISS MA HRM & LR 2021-23 batch size: 66 Students
  • Students participating in Placements 2023: 66
  • Female students participating in Placements 2023: 23
  • Average Salary goes up by 13.56% at Rs.27.22 LPA in TISS Placements 2023
  • Median Salary goes up by 14.44% at Rs.25.75 LPA in TISS Placements 2023
  • Highest Salary goes up by 16.42% at Rs.49 LPA in TISS Placements 2023
  • 27 Students out of 66 in the batch received PPOs
  • Companies participating in making offers in Placements 2023: 42
  • New Companies that participated in TISS Placement 2023: 6
  • Placement Offers made in HR domain: 66
  • Average Salary for Top 10% Students: Rs.39.29 LPA
  • Average Salary for Top 25% Students: Rs.35.45 LPA
  • Average Salary for 64 Students out of the batch of 66 stood Rs.20 LPA & above
  • Top Recruiters in TISS Placements 2023 include Deloitte, Asian Paints, HUL, ITC, Kotak Mahindra, Accenture, Aditya Birla Group among others
  • FMCG/FMCD, followed by Consulting, Conglomerates, and Engineering/Technology emerged as the top recruiting sectors in TISS Placements 2023.

41% Batch Get PPOs
Out of the total batch of 66 students that participated in TISS Placements 2023, 27 students, accounting to 41% of the batch, have received PPOs from top companies.

TISS Placements 2023: Sector Wise placements

  • FMCG/FMCD Companies: 26% share in TISS Placements 2023
  • Conglomerate Companies: 13.6% share in Placement 2023
  • Manufacturing Companies: 13.6% share in Placement 2023
  • Engineering & Technology Companies: 13.4% share in Placement 2023
  • Consulting Companies: 10.6% share in Placement 2023
  • BFSI Sector Companies: 7.6% share in Placement 2023
  • Public Sector Companies: 4.5% share in Placement 2023
  • E-Commerce Companies: 4.5% share in Placements 2023
  • Pharmaceutical Companies: 3% share in Placement 2023
  • IT/ITES Companies: 3% share in Placement 2023

Sector-wise Top Companies in TISS Placements 2023
Below are shared the sector wise top recruiting companies that participated in TISS Placements 2023 and made offers

Sector
Top Recruiting Companies
FMCG/FMCD
HUL, ITC, Asian Paints, Colgate Palmolive, General Mills, L’Oreal, Marico, Nestle, P&G, Pernod Ricard, United Breweries
CONGLOMERATE
Aditya Birla Group, Adani Group, JSW, Mahindra Group, Reliance, TAS
CONSULTING
Accenture Strategy, Deloitte India, Korn Ferry
MANUFACTURING
Bajaj Auto, Shell, PI Industries, Tata Steel, UPL, Varroc
ENGINEERING & TECHNOLOGY
Google, Pine Labs, ReNew Power, Samsung India, Sterlite Power, Samsung R&D, Texas Instruments
BFSI
IDFC FIRST Bank, Kotak Mahindra Bank
E-COMMERCE
Amazon, Flipkart
IT/ITES
Accenture
HEALTHCARE & PHARMACEUTICAL
Dr. Reddy’s Laboratories, Sun Pharma
Public Sector Companies
GAIL, PFC

Top Recruiters in TISS Placements 2023
42 regular recruiters with 6 new recruiters participated in TISS Placements 2023. Some of the top recruiters include Accenture, Accenture Strategy, Aditya Birla Group, Asian Paints, Deloitte India, Flipkart, HUL, ITC, Korn Ferry, Marico, Nestle, TAS,  GAIL, PFC, L’Oreal, Shell among others. Deloitte made highest number of offers followed by Asian Paints, ITC, Kotak Mahindra.

First Time Recruiters in TISS Placements 2023
Tata Institute of Social Sciences forged new alliances also in the placement season 2023. First-time recruiters at TISS Mumbai Placements 2023 included Google, IDFC First Bank, PI Industries, Pine Labs, ReNew Power, and UPL.  

M.A. HRM & LR is one of the top master degree programs offered by TISS at its Mumbai campus. This TISS Master degree program is at par with various MBA programs offered by top MBA colleges in India including IIMs and XLRI. The Courses at TISS are offered in multiple disciplines ranging from social sector to policy making. Apart from MA in Human Resource Management and Labor Relations, MA in Social Entrepreneurship, MA in Globalization and Labor, the other best Master Degree courses. These are the important Master degree programs offered at different campuses of TISS and are considered equivalent to MBA programmes.

Tata Institute of Social Sciences (TISS) was established in 1936 as the Sir Dorabji Tata Graduate School of Social Work. In 1944, it was renamed as the Tata Institute of Social Sciences. In 1964 TISS was declared a Deemed to be University by UGC. Today TISS has four campuses and more than 40 programs. It’s School of Management and Labour Studies in Mumbai Campus offers one of the most sought after PG programs in HR and Labour Relations in India at a most affordable fee.

Stay tuned to MBAUniverse.com for more updates on Tata Institute of Social Sciences (TISS)