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Job Placements 2017: Higher pay packages and bigger companies!

The University of Delhi has consistently attracted top-notch companies, both national and international, in its placement drives through the years.  The placement season of 2016-2017 witnessed a rise both in terms of the number of students who secured placements, as well as the pay packages offered to them. A significant rise in the number of on-campus recruiters including many first-time recruiters and start-ups was observed.

To top the placement list this year, a pay-package of Rs. 40 lakhs per annum has been secured by a student of St. Stephen’s College, to work at international consulting firm, Arthur D Little.  Two students from Shri Ram College of Commerce (SRCC) received a salary package of Rs. 30 lakhs each from Barclays Capital. At Hansraj College (HRC), the highest package rose from Rs. 10 lakhs to Rs. 16 lakhs per annum, offered by DE Shaw to two students. Last year, the highest pay package received by a Delhi University student of was Rs. 29 lakhs.

Students of St. Stephens College also received the highest average pay package at Rs. 8.05 lakhs per annum. At SRCC, the average pay package increased to Rs. 6.5 lakhs per annum as compared to the last year’s figure of Rs. 6 lakhs per annum. Even at Hansraj, the average package across the 149 students who gained placements, increased to Rs. 5.02 lakhs from last year’s figure of Rs. 4.7 lakhs. Students from colleges such as Kirorimal College (KMC), Sri Venkateswara College and College of Vocational Studies (CVS) received an average annual pay package of Rs. 4.8 lakhs, Rs. 4.1 lakhs and Rs. 3.5 lakhs respectively. The most popular profiles across colleges were those of analyst (audit/tax) and business consultancy.

Big companies such as Ernst & Young, Deloitte, Teach for India, FIS, KPMG and Bajaj Capital recruited the most number of students. First-time recruiters included companies such as Facebook, JP Morgan, ITC hospitality, Uber and Decathlon. Moreover, job offers from various start-ups also increased this year.

On the basis of data collected from different colleges, it stands out that hiring companies looked for students who have a substantial degree of internship experience and exposure. Apart from that, participation in college societies and community service were also important factors apart from academic proficiency.

(All information is based on the data received from participating colleges in a DU Beat survey)

Image Credits:  ststephens.edu

Swareena Gurung

swareenag@dubeat.com

 




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