The last one year has actually made the VUCA world a reality. The unprecedented times we are living in, we have all seen the LinkedIn posts claiming job losses, internships from different b-schools being revoked, and a sharp decline in new hirings. In such a scenario, one B-school, that started its first batch amidst the rising global pandemic, made strides with its placement process. Big-ticket companies like McKinsey, BCG, Tata, BMW, Softbank, and many others came on campus to recruit talent from an institute that has just started its operations, something that only B-schools of the stature of old IIMs might have seen. We are talking about Masters’ Union, a B-school that made news by placing its students at companies like BCG and McKinsey in its very first year.
The inaugural batch of Masters’ Union had 65 students, who got offers from the most popular sectors like consulting, private equity, venture capital, product management, data sciences, and marketing. 40 top firms including McKinsey, BCG, Tata IQ, PwC, EY, and KPMG came on campus to recruit students.
And not just consulting, in its very first year, Masters’ Union has managed to bring in private equity and venture capital jobs from companies like Softbank JV, L&T Private Equity, Orios Venture Partners, and Antler India. Startups like FtCash, SimpI (IA Ventures), Park+ (Sequoia), and Aanswr also came on campus to pick students.
Fintech and Finance also saw a lot of companies coming in with job offers for students. Companies like Bosch, Razorpay, Virtusa, Juspay, Mobikwik, Freecharge, IndiaMart from the Fintech industry offered both domestic and international offers to students. In finance, students found varied roles in big companies like BMW Finance, HDFC, ICRA, ICICI, IndusInd, and Axis Bank.
So, what exactly could be the reason behind this enormous success of a new B-school?
The CEO of Master’s Union Rupesh Bisht credits the success to the ‘quality of the cohort, the tech-focused curriculum, deep industry immersion and practitioner-led classes that helped students achieve placement success at par with the old IIMs.’
The inaugural cohort of 2021 represents diversity in terms of academic training, professional experience, age, gender, geographies, and even growth aspirations. It's not a very CA or engineering-heavy cohort, which is the case of many B-schools in India. Rather it consists of lawyers and humanities students in abundance coming in from elite institutions and with relevant work experience in companies like Goldman Sachs, KPMG, EY, Amazon etc. The average age of the cohort members is 25.7 years. Its youngest and oldest members are 21 and 39 years old, respectively.
Masters’ Union believes in imparting education to students from industry professionals, CXOs, MDs, and eminent public leaders, and even Member of Parliaments, which makes the learning pedagogy unique for the B-school. Along with regular academic interactions, it provided students with an 8-week long industry immersion programme under which students get access to a range of outcome-focused engagements with eminent corporate entities. As part of the programme, students of Masters’ Union received 80 internship opportunities from 40 companies for the first batch, with the highest stipend being Rs. 3.75 lakhs.
If you wish to know more about the institute and its pedagogy, Click here