FMS Delhi registers 100% placement; highest package recorded at Rs 1.23 crore
- ByStartupStory | February 22, 2023
The Faculty of Management Studies (FMS) Delhi concluded the final placement process for the batch of 2023 registering a 100 percent placement.
The institute recorded its highest package at Rs 1.23 crore while the average CTC of the batch increased to Rs 34.1 lakh per annum with the median CTC at Rs 31 lakh per annum.
As per the FMS Delhi, 97 percent of the offers made were above Rs 20 lakh per annum.
Notably, the BFSI sector saw a significant rise in the number of offers made, with a 19 per cent increase compared to the previous year. A total of 27 percent of the candidates got placed in the Consulting domain.
Of the total offers, 19 percent were from the Banking, Financial Services and Insurance (BFSI) domain and 27 per cent of the candidates got placed in the consulting domain.
The process saw a participation of 269 out of 273 students, with four students opting for placement holiday – 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.
Among the major recruiters were – Accenture Strategy, Airtel, Amazon, American Express, Atlassian, Bain & Co., Airtel, Adani, Capgemini, Nestle, ITC among others.
Consulting giants, in particular, hired from FMS Delhi in record numbers, underscoring the prestigious position the institution holds among India’s business schools. 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.
Prominent recruiters offering roles in consulting domain were Accenture Strategy, Aon Consulting, Bain & Co., BCG, Deloitte, Ernst & Young, Kearney, KPMG, PricewaterhouseCoopers, Synergy Consulting.
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 per cent of the total offers.
The General Management and Strategy domains also saw an increase in the number of offers to 16 per cent 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.
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 percent of the offers.
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.
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