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Final Placements : FMS Delhi – Class of 2012

Comments
 

Deepak

Surprising to see Goldman Sachs give it a miss, when they have started visiting colleges like IIM-S

16 May 2012, 07.23 PM

+Read Replies (2)

Arun

Goldman did visit in the finals...however, due to some issues(natural of all placement processes), did not hire[Source is an FMS student interning with me]. What I appreciate is the honesty shown in this report and the fact that FMS has skipped it in it's report while many campuses would have included it. An excellent performance, congrats FMS!

16 May 2012, 08.13 PM |

Team InsideIIM

It is unlikely any report on InsideIIM will have companies which have not made any offers. We try as far as possible to validate data and one of the pre-requisites is to ensure no company which did not offer a role gets reported. It is possible however that despite all our efforts at times a couple of names may be sneaked in. But largely, such an event is a rarity

16 May 2012, 08.38 PM |

supreet

I appreciate Inside IIm for giving us the complete detail without divulging into intricacies of such sensitive issues. Brilliant format and excellent content!

16 May 2012, 08.44 PM

Aspirant

Can anyone explain the difference between Deloitte India and Deloitte S&O in terms of work profile?

16 May 2012, 09.04 PM

+Read Replies (1)

Unknown

In India, Deloitte has two wings which offer consultancy, Deloitte India and Deloitte US-India. In Consulting function of Deloitte India, there are five service lines. One of them is SnO (Strategy and Operation). I think, this has been referred as Deloite S&O here. This offers management consultancy. I don't know much about SnO wing of Deloitte US-India.

13 Mar 2013, 02.22 PM |

Sreenath

Deloitte S&O is essentially a Consulting practise which is outsourced to India. Majority of the clients are based in the US and consultants sitting in Hyderabad or Gurgaon assist the teams on site in the US. Most S&O guys do generally get a chance to go on site at least once. IMHO - not a great job. People are free to disagree.

16 May 2012, 09.24 PM

Agent Vinod

Someone please help me. I'm terribly confused between IIM I and FMS (Waitlisted). I know ROI is better at FMS but what about long term prospects because of brand IIM. Also, seniors from my college talk about amazing campus life at Planet-I. But then FMS is in Delhi! Ofcourse 240 batch vs. 450 batch FMS is a clear winner but placements is not the only thing for me. Also, I want to go on exchange. IIM I has 90 exchange seats. These are the parameters so far.. Anyone with any views? Any other parameter I should look at?

17 May 2012, 01.59 PM

+Read Replies (9)

Neutral Junta

Wait for the IIMI placement report and then decide. My personal opinion is that if you are interested in marketing as a career join FMS. Else IIMI will be a better choice.

17 May 2012, 04.06 PM |

Helping Agent Vinod

Given the uncertainty in the global markets, I&#039;m not sure I&#039;d want a loan repayment pressure. The EMI will be around Rs.30,000 I think. InsideIIM guys had done some analysis earlier - <a href="http://insideiim.com/final-placements-class-of-2012-big-test-for-the-iims/" rel="nofollow">http://insideiim.com/final-placements-class-of-20...</a> I&#039;d choose FMS purely for that reason. And its not like FMS has a bad brand you know!

17 May 2012, 05.06 PM |

common man

Though FMS does not offers a dedicated campus life but still there are many things which can be consider in case of FMS: -Delhi University advantage - Courses across colleges, various college events and fests and a &#039;chance&#039; to interact with people of different colleges. -Invited to participate in almost all the top-notch competitions (KICC, HUL LIME, Indra&#039;s Advisors, Mahindra War Room, L&#039;Oreal Brand-storm,TBLA etc.) -2 Semester in a year pattern, one can focus on academics and extracurricular equally thus building an overall personality and not just bookish learning. -Totally student controlled events like &#039;Convention&#039; and &#039;Fiesta&#039;: Very good exposure to corporate challenges. -Strong alumni network which helps FMS to get Guest Lectures from prominent speakers - Last time Dr. Kiran Bedi interacted with the students.

17 May 2012, 05.36 PM |

Non-neutral junta

All the above points can be matched if not bettered by IIM Indore Except for L&#039;oreal Brandstrom IIM Indore is invited for all competitions stated above. Ahvan, Mridang, Utshaha,Footprints give enough &#039;totally student controlled&#039; opportunities with more than just corporate exposure. When it comes prominent speakers - Well.Ex-President of India Dr. APJ Abdul Kalam not only interacts with the students but takes a course at IIM Indore. Difficult to beat that isn&#039;t it? Chairman of ICICI Bank and Infosys Shri KV Kamath was the chief guest during the convocation in March. Some colleges don&#039;t even have a concept of convocation. Apart from that prominent personalities like Narayan Murthy, Dalai Lama, Sam Pitroda, Jyotiraditya Scindia, Gurcharan Das etc. (list is long and impressive) have interacted with students in last 3 years. Sorry for being non-neutral :P

17 May 2012, 05.49 PM |

Brendan

FMS any day any time......Great ROI, Top 5 league, Brand IIM primarily belongs to IIM A, B, C &amp; L(to some extent).....The remaining two are debatable to an extent......Anyday, FMS Delhi / SP Jain / XLRI scroe over IIM I &amp; K......Period!!!!!

17 May 2012, 06.33 PM |

Sreenath

Just because Mr.Brendan says &#039;period&#039; nothing is proved. There is no such thing as a top 5 league. Hehehe...Good try though. If ever there is a top 5 league FMS will be a long way away from it. IIM ABCL and ISB Hyd will take those places easily.

17 May 2012, 09.43 PM |

crk

@Agent Vinod ... Bhai ... this is absolutely wrong place to ask this question ... don&#039;t start pagalguy type war of words between students ... obviously students will defend their own colleges and place them in the top 5 league ... Try to talk to alumni who just graduated from these schools and they ll give u a non-biased picture ...

18 May 2012, 11.35 AM |

Ankit

One of the biggest B school competitons - P&amp;G Dream Team. The Dream Team is a scintillating Business School contest open to 9 select Business Schools in India - 1. Indian Institutes of Management - Ahmedabad, 2. Indian Institutes of Management - Bangalore, 3. Indian Institutes of Management - Calcutta 4. Indian Institutes of Management - Lucknow, 5. Faculty of Management Studies Delhi, 6. XLRI Jamshedpur, 7. Jamnalal Bajaj Institute of Management Studies Mumbai, 8. SP Jain Mumbai and 9. NITIE Mumbai Only 4 IIMs are invited to it. No Indore or Kozhikode, leave alone the new ones. So you can understand what the industry ppl r looking for. If you think that just the IIM brand name is enough, then P&amp;G&#039;s competiton might prove you wrong. There are a few other events too which invite only a few top olleges which doesn&#039;t include all the IIMs.

4 Jun 2012, 03.37 AM |

Guest

Heyy.. I&#039;m a student at IIMI. &amp; I would like to state that Loan-repayment at IIM&#039;s is not an issue at all. Bank will give u a provision of 13-14 lacs of loan, out of which u can later change the amount u want as a loan. For example, here in IIMI, ppl (generally) take loan for the 1st yr, &amp; then pay the term-4,5,6 or 5,6 or 6 fees by themselves. So, u can even reduce the 13.5 lac loan to a more manageable 6.5 or 8 lacs(which is generally the case). Also, this in no way is meant to start an FMS/IIM debate. I just wanted to clarify ur doubt regarding the huge loan to be paid at IIMI as ur in doubt regarding FMS vs IIMI. ty

18 Sep 2012, 12.28 AM |

Aspirant

Could someone elaborate on what roles exactly are given by insurance companies such as Aviva and Max New York Life listed here?

18 May 2012, 10.41 AM

SATYA

Sreenath, Do you mean the same ISB which is active only in consulting domain and proves to be an epic failure otherwise ?...sure that does look like trait of &quot;TOP 5&quot; ,if anything i would rather have XLRI there for an all round nature of their placements.Moreover,FMS negates these weak points by terrific ROI and ISB fails on that too !

19 May 2012, 09.24 AM

+Read Replies (1)

Ram

Very True ...

19 May 2012, 10.16 AM |

Brendan

Mr Sreenath - I think ISB has nearly 600+ students in their batch.....You re actually comparing that with 180 odd students of FMS batchy, and you still think ISB is a better choice.....Pleez gimme a break

19 May 2012, 05.41 PM

Guest

@ Brendan.. {FMS any day any time......Great ROI, Top 5 league, Brand IIM primarily belongs to IIM A, B, C &amp; L(to some extent).....The remaining two are debatable to an extent......Anyday, FMS Delhi / SP Jain / XLRI scroe over IIM I &amp; K......Period!!!!!} Typical talk by an fms alumni.. hv interacted wid loads of them.. dey all say the same thing.. wen they myt not know the improvements i,k hv been making.. in fact, i&#039;ll say fms myt be slipping courtesy the fact dat the omnipresent goldman sachs has given it a miss.. but, den again comes the mighty ROI.. :|

25 May 2012, 01.28 AM

Aspirant

May I know what profile was offered by Deutsche Bank (CIB). Is equity research in IBD counted as middle office?

1 Jun 2012, 09.54 PM

Ambarish

DB (CIB) offers middle office roles at all campuses including ABC. They pay around 14 LPA (fixed) + around 10LPA variable (performance dependent). Only the foreign desks of DB offer front end roles that too only at ABC.

1 Jun 2012, 11.33 PM

+Read Replies (1)

Aspirant

Thanks Ambarish.

2 Jun 2012, 12.17 AM |

FMS Alum

As a FMS alum I can tell you for sure that all foreign banks mentioned above are only PPOs. No one came for Finals this year. Goldman Sachs visited but walked out after getting to know that placement committee had lied to them. Ask anyone from FMS, they&#039;ll tell you this. Its not all rosy.

3 Jun 2012, 01.24 AM

+Read Replies (1)

Archer

StanChart was pretty much a regular at FMS. But this time around, they seem to be missing..

5 Jun 2012, 10.24 AM |

Garfield

While comparing reports of FMS and IIM Lucknow, i noticed an interesting thing. While there is not much of a difference between the repute of companies reported, FMS report contains almost all of the 96 companies that recruited. For IIM Lucknow, its less than half of the total. Though I understand that its not possible to mention all 200+ companies, but i would not be wrong to assume that the best companies have been mentioned. Interpretation is up to individuals..

7 Jun 2012, 02.01 PM

+Read Replies (1)

Dexter

Again, that is the difference between Elite institutes &amp; others. Students( from Elite Institutes) know how to interpret the figures correctly. 389 students in IIM Lucknow, got 213 companies offering 446 offers along with 70 confirmed PPOs &amp; 149 Lateral Offers. So Do the simple maths now &amp; see where students have got the best offers choice. At-least in IIM Lucknow , students have an option to select the offer unlike others who boast. FMS==&gt;96 companies, Are you kidding by saying best of the companies mentioned?? No much difference in repute of companies reported?? Finance &amp; Consulting companies ( Did any of them visited campus this year for new offers?? International Offers any??

22 Jul 2012, 09.05 PM |

Whatsinaname

Visit Pagalguy threads and you&#039;l find a bunch of people(converts) choosing FMS over IIM L. IIM K and IIM I are not even in the reckoning in being compared to FMS. In fact 3 people have left IIM C and one has left IIM A this year for FMS. Small batch, amazing alumni network, 60 years old, New Delhi, Delhi University(Reputation, Campus, Crowd), Stunning Placements and Stunning ROI = FMS is the 4th best B school in India(just ahead of IIM L) I&#039;d say

13 Jun 2012, 12.37 AM

+Read Replies (1)

True Picture

No of Students having FMS offers &amp; Joined IIM Lucknow=30+ Students switching to FMS from IIM lucknow (ABM-agri)=9+ How many from from from general program??? Any thing else??? :)

22 Jul 2012, 09.17 PM |

Abhigyan

FMS over IIMA and IIMC, really? Can&#039;t control my laughter!

13 Jun 2012, 11.11 AM

+Read Replies (1)

rahul

why is it funny ? Fees of IIM A,C are 15-16 lacs , while dt of FMS is just 20k !! 20k fr 2 years !! also the placements are right there at the top just a notch below of IIM A,B,C. Also the placements of the lower half in IIM A,B,C are similar to that of the upper half in FMS. And there are few people who analyse there priorities while choosing a B schooling rather than blindly following the herd !

13 Jun 2012, 09.00 PM |

rahul

also since this article is about placements , i would say that probability of getting a good placement in non IIMs like FMS, XLRI ,JBIMS is higher than that of IIMs like I,K .. also these institutes are recession proof due to smaller batch sizes and hav better alumni network than I,K.

13 Jun 2012, 09.06 PM

whatsinaname

@Abhigyan, its a fact my friend. So you can laugh if you please. @Rahul, ABC have 400+ students. FMS and XL have 200od. So placement for upper half of IIM ABC = Upper half of FMS is not accurate. An approximate analysis is as follows: Its only the top 10% at ABC(40 people) who get jobs which other campuses dont(Top 2-3 consults and top 2-3 banks). The next 25% at ABC(100 people) will get what the top 30%(60 people) at FMS and XL get. The next 30% at ABC(125 people) get what the next 40%(80 people) at FMS and XL get. The next 25% at ABC(100 people) get what the last 30%(60 people) at FMS and XL get. And the bottom 10% at ABC get worse jobs than anyone at FMS and XL So basically, if you&#039;re not in the top 10% at ABC, in terms of opportunities, its the same as being at FMS or XL. Ofcourse you gain as far as the brand and public awareness goes at ABC over any other institute

13 Jun 2012, 11.35 PM

+Read Replies (11)

Abhigyan

The bottom 10 % of ABC get similar jobs as that of bottom 20 % of XL and FMS...

15 Jun 2012, 02.56 PM |

whatsinaname

Lowest salaries at ABC go as low as 6 lakhs. The lowest salaries at FMS and XL are 8-9 lakhs. Bottom 10% at ABC are placed after over 350 others have been placed bro. They dont bag 7 digit salaries. And just a handful at XL and FMS dont get 7 digit salaries. The batch strength is a huge huge factor for non studs

16 Jun 2012, 02.09 AM |

rahul

6 lacs at ABC is unbeleivable and impossible dude , good joke ! evn colleges like wellingkar get an avg 7-8 lacs package , lowest at ABC can be at the most 10 lacs , nt lower than dat !

16 Jun 2012, 12.00 PM |

whatsinaname

Boss its official data. Pata karlo from publically available literature or from people at ABC

16 Jun 2012, 12.23 PM |

Aspirant

2 years back, when the average package at IIM C was declared at 17.5 L, they said that the lowest was 7.5 lakhs and that it was the highest amongst all IIMs (meaning the lowest at A &amp; B was below 7.5)

16 Jun 2012, 03.00 PM |

Raghav

Looks like a random media statement from IIMC then... How did they know about other B-Schools&#039; lowest package?

18 Jun 2012, 10.45 AM |

Rajesh

All placecom&#039;s share the data..Especially ABC.Data means an outlined version of it.Not the things like which hedge fund visited when and all..

18 Jun 2012, 11.11 AM |

Raghav

So obviously they wont share who offered the highest/lowest package either... Also it&#039;s easier to find which hedge/soverign/PE fund visited a campus than who offered how much..

18 Jun 2012, 02.48 PM |

whatsinaname

@Rajesh, rahul: Data for 2011 is as follows: Find the figures for lowest salary. Its 7.5 at C and 7 at A. IIM C: <a href="http://www.pagalguy.com/2011/05/iim-calcutta-final-placements-2011-icici-mckinsey-largest-recruiters-31-get-finance-jobs/" rel="nofollow">http://www.pagalguy.com/2011/05/iim-calcutta-fina...</a> IIM A: <a href="http://www.pagalguy.com/2011/09/iim-ahmedabads-super-detailed-placement-report-is-out-22-b-schools-to-use-placement-reporting-standards-from-next-year/" rel="nofollow">http://www.pagalguy.com/2011/09/iim-ahmedabads-su...</a>

18 Jun 2012, 07.23 PM |

whatsinaname

I had posted the links here but the mods have removed them. Find the placement reports of IIM A and IIM C for 2011 on Pagalguy, or just google it. IIM A lowest salary 7 lakhs, IIM C lowest salary 7.5 lakhs. There is no doubting that the bottom 10% at ABC get under 10 lakhs. And its nothing to be ashamed of anyway. The 10% people come after 350 people have been placed. So clearly, the bottom 10% at ABC get worse jobs than anyone at FMS and XL. FACT

18 Jun 2012, 11.02 PM |

Raghav

Boss, tell me the lowest salary at XLRI and FMS?

23 Jul 2012, 01.08 PM |

Anonymous

Why is it that FMS and XL are so defensive and insecure that they start comparing themselves with IIM ABC. Guys, please, ABC is a completely different league. FMS and XL must be comared with their cluster which includes IIMIKL, SPJain etc.

15 Jun 2012, 09.38 AM

+Read Replies (1)

whatsinaname

Thats the point. They&#039;re not in a different league. No doubt that ABC are better than FMS and XL, but not in some different league. The overlap is still very very wide and so ABC are only a notch above FMS, XL, IIM L

16 Jun 2012, 02.12 AM |

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Comments
 

Deepak

Surprising to see Goldman Sachs give it a miss, when they have started visiting colleges like IIM-S

16 May 2012, 07.23 PM

+Read Replies (2)

Arun

Goldman did visit in the finals...however, due to some issues(natural of all placement processes), did not hire[Source is an FMS student interning with me]. What I appreciate is the honesty shown in this report and the fact that FMS has skipped it in it&#039;s report while many campuses would have included it. An excellent performance, congrats FMS!

16 May 2012, 08.13 PM |

Team InsideIIM

It is unlikely any report on InsideIIM will have companies which have not made any offers. We try as far as possible to validate data and one of the pre-requisites is to ensure no company which did not offer a role gets reported. It is possible however that despite all our efforts at times a couple of names may be sneaked in. But largely, such an event is a rarity

16 May 2012, 08.38 PM |

supreet

I appreciate Inside IIm for giving us the complete detail without divulging into intricacies of such sensitive issues. Brilliant format and excellent content!

16 May 2012, 08.44 PM

Aspirant

Can anyone explain the difference between Deloitte India and Deloitte S&amp;O in terms of work profile?

16 May 2012, 09.04 PM

+Read Replies (1)

Unknown

In India, Deloitte has two wings which offer consultancy, Deloitte India and Deloitte US-India. In Consulting function of Deloitte India, there are five service lines. One of them is SnO (Strategy and Operation). I think, this has been referred as Deloite S&amp;O here. This offers management consultancy. I don&#039;t know much about SnO wing of Deloitte US-India.

13 Mar 2013, 02.22 PM |

Sreenath

Deloitte S&amp;O is essentially a Consulting practise which is outsourced to India. Majority of the clients are based in the US and consultants sitting in Hyderabad or Gurgaon assist the teams on site in the US. Most S&amp;O guys do generally get a chance to go on site at least once. IMHO - not a great job. People are free to disagree.

16 May 2012, 09.24 PM

Agent Vinod

Someone please help me. I&#039;m terribly confused between IIM I and FMS (Waitlisted). I know ROI is better at FMS but what about long term prospects because of brand IIM. Also, seniors from my college talk about amazing campus life at Planet-I. But then FMS is in Delhi! Ofcourse 240 batch vs. 450 batch FMS is a clear winner but placements is not the only thing for me. Also, I want to go on exchange. IIM I has 90 exchange seats. These are the parameters so far.. Anyone with any views? Any other parameter I should look at?

17 May 2012, 01.59 PM

+Read Replies (9)

Neutral Junta

Wait for the IIMI placement report and then decide. My personal opinion is that if you are interested in marketing as a career join FMS. Else IIMI will be a better choice.

17 May 2012, 04.06 PM |

Helping Agent Vinod

Given the uncertainty in the global markets, I&#039;m not sure I&#039;d want a loan repayment pressure. The EMI will be around Rs.30,000 I think. InsideIIM guys had done some analysis earlier - <a href="http://insideiim.com/final-placements-class-of-2012-big-test-for-the-iims/" rel="nofollow">http://insideiim.com/final-placements-class-of-20...</a> I&#039;d choose FMS purely for that reason. And its not like FMS has a bad brand you know!

17 May 2012, 05.06 PM |

common man

Though FMS does not offers a dedicated campus life but still there are many things which can be consider in case of FMS: -Delhi University advantage - Courses across colleges, various college events and fests and a &#039;chance&#039; to interact with people of different colleges. -Invited to participate in almost all the top-notch competitions (KICC, HUL LIME, Indra&#039;s Advisors, Mahindra War Room, L&#039;Oreal Brand-storm,TBLA etc.) -2 Semester in a year pattern, one can focus on academics and extracurricular equally thus building an overall personality and not just bookish learning. -Totally student controlled events like &#039;Convention&#039; and &#039;Fiesta&#039;: Very good exposure to corporate challenges. -Strong alumni network which helps FMS to get Guest Lectures from prominent speakers - Last time Dr. Kiran Bedi interacted with the students.

17 May 2012, 05.36 PM |

Non-neutral junta

All the above points can be matched if not bettered by IIM Indore Except for L&#039;oreal Brandstrom IIM Indore is invited for all competitions stated above. Ahvan, Mridang, Utshaha,Footprints give enough &#039;totally student controlled&#039; opportunities with more than just corporate exposure. When it comes prominent speakers - Well.Ex-President of India Dr. APJ Abdul Kalam not only interacts with the students but takes a course at IIM Indore. Difficult to beat that isn&#039;t it? Chairman of ICICI Bank and Infosys Shri KV Kamath was the chief guest during the convocation in March. Some colleges don&#039;t even have a concept of convocation. Apart from that prominent personalities like Narayan Murthy, Dalai Lama, Sam Pitroda, Jyotiraditya Scindia, Gurcharan Das etc. (list is long and impressive) have interacted with students in last 3 years. Sorry for being non-neutral :P

17 May 2012, 05.49 PM |

Brendan

FMS any day any time......Great ROI, Top 5 league, Brand IIM primarily belongs to IIM A, B, C &amp; L(to some extent).....The remaining two are debatable to an extent......Anyday, FMS Delhi / SP Jain / XLRI scroe over IIM I &amp; K......Period!!!!!

17 May 2012, 06.33 PM |

Sreenath

Just because Mr.Brendan says &#039;period&#039; nothing is proved. There is no such thing as a top 5 league. Hehehe...Good try though. If ever there is a top 5 league FMS will be a long way away from it. IIM ABCL and ISB Hyd will take those places easily.

17 May 2012, 09.43 PM |

crk

@Agent Vinod ... Bhai ... this is absolutely wrong place to ask this question ... don&#039;t start pagalguy type war of words between students ... obviously students will defend their own colleges and place them in the top 5 league ... Try to talk to alumni who just graduated from these schools and they ll give u a non-biased picture ...

18 May 2012, 11.35 AM |

Ankit

One of the biggest B school competitons - P&amp;G Dream Team. The Dream Team is a scintillating Business School contest open to 9 select Business Schools in India - 1. Indian Institutes of Management - Ahmedabad, 2. Indian Institutes of Management - Bangalore, 3. Indian Institutes of Management - Calcutta 4. Indian Institutes of Management - Lucknow, 5. Faculty of Management Studies Delhi, 6. XLRI Jamshedpur, 7. Jamnalal Bajaj Institute of Management Studies Mumbai, 8. SP Jain Mumbai and 9. NITIE Mumbai Only 4 IIMs are invited to it. No Indore or Kozhikode, leave alone the new ones. So you can understand what the industry ppl r looking for. If you think that just the IIM brand name is enough, then P&amp;G&#039;s competiton might prove you wrong. There are a few other events too which invite only a few top olleges which doesn&#039;t include all the IIMs.

4 Jun 2012, 03.37 AM |

Guest

Heyy.. I&#039;m a student at IIMI. &amp; I would like to state that Loan-repayment at IIM&#039;s is not an issue at all. Bank will give u a provision of 13-14 lacs of loan, out of which u can later change the amount u want as a loan. For example, here in IIMI, ppl (generally) take loan for the 1st yr, &amp; then pay the term-4,5,6 or 5,6 or 6 fees by themselves. So, u can even reduce the 13.5 lac loan to a more manageable 6.5 or 8 lacs(which is generally the case). Also, this in no way is meant to start an FMS/IIM debate. I just wanted to clarify ur doubt regarding the huge loan to be paid at IIMI as ur in doubt regarding FMS vs IIMI. ty

18 Sep 2012, 12.28 AM |

Aspirant

Could someone elaborate on what roles exactly are given by insurance companies such as Aviva and Max New York Life listed here?

18 May 2012, 10.41 AM

SATYA

Sreenath, Do you mean the same ISB which is active only in consulting domain and proves to be an epic failure otherwise ?...sure that does look like trait of &quot;TOP 5&quot; ,if anything i would rather have XLRI there for an all round nature of their placements.Moreover,FMS negates these weak points by terrific ROI and ISB fails on that too !

19 May 2012, 09.24 AM

+Read Replies (1)

Ram

Very True ...

19 May 2012, 10.16 AM |

Brendan

Mr Sreenath - I think ISB has nearly 600+ students in their batch.....You re actually comparing that with 180 odd students of FMS batchy, and you still think ISB is a better choice.....Pleez gimme a break

19 May 2012, 05.41 PM

Guest

@ Brendan.. {FMS any day any time......Great ROI, Top 5 league, Brand IIM primarily belongs to IIM A, B, C &amp; L(to some extent).....The remaining two are debatable to an extent......Anyday, FMS Delhi / SP Jain / XLRI scroe over IIM I &amp; K......Period!!!!!} Typical talk by an fms alumni.. hv interacted wid loads of them.. dey all say the same thing.. wen they myt not know the improvements i,k hv been making.. in fact, i&#039;ll say fms myt be slipping courtesy the fact dat the omnipresent goldman sachs has given it a miss.. but, den again comes the mighty ROI.. :|

25 May 2012, 01.28 AM

Aspirant

May I know what profile was offered by Deutsche Bank (CIB). Is equity research in IBD counted as middle office?

1 Jun 2012, 09.54 PM

Ambarish

DB (CIB) offers middle office roles at all campuses including ABC. They pay around 14 LPA (fixed) + around 10LPA variable (performance dependent). Only the foreign desks of DB offer front end roles that too only at ABC.

1 Jun 2012, 11.33 PM

+Read Replies (1)

Aspirant

Thanks Ambarish.

2 Jun 2012, 12.17 AM |

FMS Alum

As a FMS alum I can tell you for sure that all foreign banks mentioned above are only PPOs. No one came for Finals this year. Goldman Sachs visited but walked out after getting to know that placement committee had lied to them. Ask anyone from FMS, they&#039;ll tell you this. Its not all rosy.

3 Jun 2012, 01.24 AM

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Archer

StanChart was pretty much a regular at FMS. But this time around, they seem to be missing..

5 Jun 2012, 10.24 AM |

Garfield

While comparing reports of FMS and IIM Lucknow, i noticed an interesting thing. While there is not much of a difference between the repute of companies reported, FMS report contains almost all of the 96 companies that recruited. For IIM Lucknow, its less than half of the total. Though I understand that its not possible to mention all 200+ companies, but i would not be wrong to assume that the best companies have been mentioned. Interpretation is up to individuals..

7 Jun 2012, 02.01 PM

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Dexter

Again, that is the difference between Elite institutes &amp; others. Students( from Elite Institutes) know how to interpret the figures correctly. 389 students in IIM Lucknow, got 213 companies offering 446 offers along with 70 confirmed PPOs &amp; 149 Lateral Offers. So Do the simple maths now &amp; see where students have got the best offers choice. At-least in IIM Lucknow , students have an option to select the offer unlike others who boast. FMS==&gt;96 companies, Are you kidding by saying best of the companies mentioned?? No much difference in repute of companies reported?? Finance &amp; Consulting companies ( Did any of them visited campus this year for new offers?? International Offers any??

22 Jul 2012, 09.05 PM |

Whatsinaname

Visit Pagalguy threads and you&#039;l find a bunch of people(converts) choosing FMS over IIM L. IIM K and IIM I are not even in the reckoning in being compared to FMS. In fact 3 people have left IIM C and one has left IIM A this year for FMS. Small batch, amazing alumni network, 60 years old, New Delhi, Delhi University(Reputation, Campus, Crowd), Stunning Placements and Stunning ROI = FMS is the 4th best B school in India(just ahead of IIM L) I&#039;d say

13 Jun 2012, 12.37 AM

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True Picture

No of Students having FMS offers &amp; Joined IIM Lucknow=30+ Students switching to FMS from IIM lucknow (ABM-agri)=9+ How many from from from general program??? Any thing else??? :)

22 Jul 2012, 09.17 PM |

Abhigyan

FMS over IIMA and IIMC, really? Can&#039;t control my laughter!

13 Jun 2012, 11.11 AM

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rahul

why is it funny ? Fees of IIM A,C are 15-16 lacs , while dt of FMS is just 20k !! 20k fr 2 years !! also the placements are right there at the top just a notch below of IIM A,B,C. Also the placements of the lower half in IIM A,B,C are similar to that of the upper half in FMS. And there are few people who analyse there priorities while choosing a B schooling rather than blindly following the herd !

13 Jun 2012, 09.00 PM |

rahul

also since this article is about placements , i would say that probability of getting a good placement in non IIMs like FMS, XLRI ,JBIMS is higher than that of IIMs like I,K .. also these institutes are recession proof due to smaller batch sizes and hav better alumni network than I,K.

13 Jun 2012, 09.06 PM

whatsinaname

@Abhigyan, its a fact my friend. So you can laugh if you please. @Rahul, ABC have 400+ students. FMS and XL have 200od. So placement for upper half of IIM ABC = Upper half of FMS is not accurate. An approximate analysis is as follows: Its only the top 10% at ABC(40 people) who get jobs which other campuses dont(Top 2-3 consults and top 2-3 banks). The next 25% at ABC(100 people) will get what the top 30%(60 people) at FMS and XL get. The next 30% at ABC(125 people) get what the next 40%(80 people) at FMS and XL get. The next 25% at ABC(100 people) get what the last 30%(60 people) at FMS and XL get. And the bottom 10% at ABC get worse jobs than anyone at FMS and XL So basically, if you&#039;re not in the top 10% at ABC, in terms of opportunities, its the same as being at FMS or XL. Ofcourse you gain as far as the brand and public awareness goes at ABC over any other institute

13 Jun 2012, 11.35 PM

+Read Replies (11)

Abhigyan

The bottom 10 % of ABC get similar jobs as that of bottom 20 % of XL and FMS...

15 Jun 2012, 02.56 PM |

whatsinaname

Lowest salaries at ABC go as low as 6 lakhs. The lowest salaries at FMS and XL are 8-9 lakhs. Bottom 10% at ABC are placed after over 350 others have been placed bro. They dont bag 7 digit salaries. And just a handful at XL and FMS dont get 7 digit salaries. The batch strength is a huge huge factor for non studs

16 Jun 2012, 02.09 AM |

rahul

6 lacs at ABC is unbeleivable and impossible dude , good joke ! evn colleges like wellingkar get an avg 7-8 lacs package , lowest at ABC can be at the most 10 lacs , nt lower than dat !

16 Jun 2012, 12.00 PM |

whatsinaname

Boss its official data. Pata karlo from publically available literature or from people at ABC

16 Jun 2012, 12.23 PM |

Aspirant

2 years back, when the average package at IIM C was declared at 17.5 L, they said that the lowest was 7.5 lakhs and that it was the highest amongst all IIMs (meaning the lowest at A &amp; B was below 7.5)

16 Jun 2012, 03.00 PM |

Raghav

Looks like a random media statement from IIMC then... How did they know about other B-Schools&#039; lowest package?

18 Jun 2012, 10.45 AM |

Rajesh

All placecom&#039;s share the data..Especially ABC.Data means an outlined version of it.Not the things like which hedge fund visited when and all..

18 Jun 2012, 11.11 AM |

Raghav

So obviously they wont share who offered the highest/lowest package either... Also it&#039;s easier to find which hedge/soverign/PE fund visited a campus than who offered how much..

18 Jun 2012, 02.48 PM |

whatsinaname

@Rajesh, rahul: Data for 2011 is as follows: Find the figures for lowest salary. Its 7.5 at C and 7 at A. IIM C: <a href="http://www.pagalguy.com/2011/05/iim-calcutta-final-placements-2011-icici-mckinsey-largest-recruiters-31-get-finance-jobs/" rel="nofollow">http://www.pagalguy.com/2011/05/iim-calcutta-fina...</a> IIM A: <a href="http://www.pagalguy.com/2011/09/iim-ahmedabads-super-detailed-placement-report-is-out-22-b-schools-to-use-placement-reporting-standards-from-next-year/" rel="nofollow">http://www.pagalguy.com/2011/09/iim-ahmedabads-su...</a>

18 Jun 2012, 07.23 PM |

whatsinaname

I had posted the links here but the mods have removed them. Find the placement reports of IIM A and IIM C for 2011 on Pagalguy, or just google it. IIM A lowest salary 7 lakhs, IIM C lowest salary 7.5 lakhs. There is no doubting that the bottom 10% at ABC get under 10 lakhs. And its nothing to be ashamed of anyway. The 10% people come after 350 people have been placed. So clearly, the bottom 10% at ABC get worse jobs than anyone at FMS and XL. FACT

18 Jun 2012, 11.02 PM |

Raghav

Boss, tell me the lowest salary at XLRI and FMS?

23 Jul 2012, 01.08 PM |

Anonymous

Why is it that FMS and XL are so defensive and insecure that they start comparing themselves with IIM ABC. Guys, please, ABC is a completely different league. FMS and XL must be comared with their cluster which includes IIMIKL, SPJain etc.

15 Jun 2012, 09.38 AM

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whatsinaname

Thats the point. They&#039;re not in a different league. No doubt that ABC are better than FMS and XL, but not in some different league. The overlap is still very very wide and so ABC are only a notch above FMS, XL, IIM L

16 Jun 2012, 02.12 AM |