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FMS Delhi's MBA Batch Gets Highest Ever Avg. Stipend of Rs. 2.41 Lakhs

Dec 28, 2020 | 2 minutes |

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FMS Delhi has concluded the summer internship placement process for the 2020-22 batch. The institute secured 100 per cent placements with the highest ever average stipend of INR 2,41,400 for two months, an increase of 5% from the last year. This year 64 per cent of the batch, i.e., 183 candidates received a stipend of INR 2,00,000 and above. There was a 10 per cent increase in the median package to INR 2,20,000. Around 18% of students were hired in Consulting and General Management domains, while 12% received offers for Finance roles. The companies that took part in the campus placement include Accenture Strategy, Axis Bank, Bank of America, Standard Chartered, Boston Consulting Group, Capgemini, Gartner, HSBC, JSW, Kearney, Mastercard, RPG, Spark Capital, and Tata Administrative Services amongst others. Read Next → IIM Ahmedabad's Latest Summer Placement Report: PGP Batch of 2022 Around 42% of the students accepted offers in Sales and Marketing, rolled out by the most prestigious firms across the country. Apart from legacy recruiters in the FMCG domain, S&M roles were offered in the Healthcare, Pharmaceutical, Consumer Electronics, Retail, Ecommerce, and Industrial Goods sector. Some of the prominent recruiters include Asian Paints, Coca-Cola, Hindustan Unilever Limited (HUL), ITC, Johnson and Johnson, L’Oréal, Mondelez, Reckitt Benckiser, Samsung, Tata Sky, and United Breweries. There was a record 43% increase in the e-Commerce/IT/Operations roles compared to last year with 67 accepted offers from recruiters such as Amazon, Adobe, Byju’s, Cloudtail, Flipkart, Google, Infoedge, Microsoft, Optum, Purplle, and Udaan. There was a 34% increase in the number of offers in E-Commerce. New Recruiters added to the list this year included Bajaj Auto, CRISIL, DE Shaw, Gartner, Lubrizol, Mastercard, Myntra, Sony Pictures Network, Standard Chartered, Unacademy, United Breweries, and YES Bank.
This is FMS Delhi's official press release. More details around the summer placements process will be made available as and when the institute releases the official report. You can read FMS Delhi's summer placement report for the MBA batch of 2019-2021 here.