FMS once again reinforced its standing as one of the top B-schools in India with the recently concluded final placement process. The Faculty of Management Studies, since long a paragon for University run B-Schools, has always managed to deliver on the promise made to its graduating students and this year was no different. After a relative lull last year, companies descended down at FMS Delhi to pick up from the best of talent available across the country. Consulting firms, with one of the most coveted job profiles, were back in a major way with 18% of the batch opting for jobs in this domain. The campus also witnessed an abundance of offers in the field of Finance highlighted by the presence of 4 new Investment banks on campus. Domestic banks made a strong presence and picked up a substantial number of students for different roles and designations.
This year saw a shift in the general pecking order with students giving more importance to the job content and profile offered as opposed to the customary factors of compensation and brand name.
The Lateral candidates (students with work experience of more than 18 months) of the batch of 2010 were provided with ample opportunities to negotiate with recruiters based on their past work experience and bagged some of the highest paying jobs on campus.
Placement 2010 Statistics
The below placement figures cover both of the full time programs at the Faculty of Management Studies; the MBA and MBA-MS programs with a combined strength of 152 students.
MBA
Number of companies confirming presence
Number of companies participating 77
Total Number of Offers
Number of candidates
No. of Lateral Candidates
Number of Pre Placement Offers/ Interviews
Average Domestic Salary (INR lakhs per annum)
Average Domestic Salary for lateral candidates (INR lakhs per annum)
Placement 2010 Snapshot:
FMS has always prided itself on providing students with a wide variety of roles in different domains and this trend continued with the batch of 2010. All the major functions of Marketing, Finance, Consulting and IT/ Operations witnessed a balanced representation. As the corporate sector visited the campus with renewed vigor, the institute showcased its capability of emerging from the economic downturn with its reputation intact.
The campus also saw some very senior profiles being offered to the Lateral candidates which ranged from the role of a Senior Consultant to the role of Brand Manager in an FMCG.
A few highlights of the placement season this year:
• The average domestic salary for the MBA batch of 2010 touched INR 13.1 lakhs per annum; an increase of 12.5% over last year.
• Nearly 36% of the batch opted for a career in Finance, closely followed by Marketing with 29%; Consulting drew in 18% of the batch with IT and Operations also hitting the double digit mark at 10%.
• The finance domain enjoyed a healthy mix of roles covering Investment Banking, Treasury, Corporate Finance, Corporate Banking, Commercial Banking, Retail Banking and Insurance.
• Commercial Banks were the single biggest recruiters with more than 20 offers. These included Standard Chartered, CitiBank, HSBC, Axis Bank, Yes Bank, ICICI Bank among others for a variety of profiles.
• In addition, Investment banks like Lazard, Nomura, JP Morgan, SBI Capital provided excellent opportunities to students who chose to make a career in the field of Finance.
• Consulting firms made a sizeable presence with Accenture Business Consulting, CEB, Deloitte, HCL Infosystems, Hewitt Associates, KPMG, Technopak all picking up students for roles across the country.
• Marketing profiles were well represented with all the major FMCGs like HUL, P&G, ITC, Cadbury, Britannia, Dabur, Godrej, Reckitt Benckiser, Pepsico maintaining their strong association with FMS. In addition, Airtel, Microsoft, Eli Lilly, among others provided options in non FMCG marketing roles.
• The Operations and IT domain had good representation in the form of Bristlecone, DirectI, Infosys, Wipro etc.
• TAS, Mahindra and Mahindra and Essar Group continued their relationship with the institute and recruited in big numbers for General Management roles.
Functional break-up of offers made:
Final Word:
“With the economy on an upswing, placements for the class of 2010 afforded students the opportunity to apply to a gamut of companies – Consultancies, I-banks, FMCGs, IT and Operations - amongst others. We are pleased to see the increase in maturity amongst students in shaping their future careers. There has been a greater focus on practical aspects of a job including profile, function, career track, growth prospects and culture fit with an organization over compensation and brand name. Over the next few years, we hope to strengthen this trend in FMS Delhi.”, said Prof. (Dr) Madhu Vij, Placement Convenor at FMS
