FMS Delhi Complete final placements with Highest CTC 66 LPA

Pic courtesy: FMS

The graduating batch of the University of Delhi's Faculty of Management Studies received job offers with annual salaries averaging Rs 20.5 lakh on a cost-to-company basis, a 20% increase from last year.

The top recruiters included EY Consulting, Accenture Strategy, Star India and ITC. Other companies included General Electric, Airtel, Morgan Stanley, Amazon and Uber. The median salary rose 21% to Rs 20 lakh and was the highest across all Bschools, FMS said in a statement. An FMS student was one of only two given the highest domestic salary package of Rs 66 lakh by Morgan Stanley.

The highest overseas salary offered was $150,000 (about Rs 1crore). The institute wrapped up final job placements with 80 companies making 220 offers to all 210 students. FMS students had received 60 pre placement offers this year, of which 52 were accepted.

There was a 30% increase in the number of offers in the finance/BFSI (banking, financial services and insurance) sector. About 37% of the batch was hired for consulting and general management roles, 29% were selected for sales and marketing, 23% for finance and the remainder for the IT, operations and ecommerce category. Accenture Strategy, BCG, Deloitte S&O, EY Consulting, FTI Consulting and PwC-PRTM recruited 32 students.

FMS saw a 30% increase in the number of roles offered to students in finance this year. With offers from Avendus Capital, Morgan Stanley and Spark Capital, front-end investment banking roles accounted for 15% of these roles. Colgate Palmolive, PepsiCo, Airtel and Vodafone also recruited for corporate finance. Companies that chose students for finance/BFSI roles included American Express, Deutsche Bank, ICICI Bank, JP Morgan, State Bank of India and Standard Chartered.

In ecommerce/IT/operations, the hiring companies included Amazon, Flipkart, IBM, Uber and Wipro. Amazon chose candidates for roles in product and programme management, while Uber recruited for the highly sought-after operations profile, FMS said.

Source: Economic Times


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