As the placement season culminated, the Faculty of Management Studies had 217 of its students receiving 236 offers with an average cost-to-company of Rs 17.04 lakh per annum. Offers were made across sectors like Consulting & General Management, Sales and Marketing, BFSI, E-Commerce and IT & Operations.
While over 40 offers were from the finance sector, including Citibank, Deutsche Bank, Goldman Sachs, and HDFC amongst others, there was a considerable increase in the quantum of recruitment made in the e-commerce sector. The placement report of Faculty of Management Studies says that the latter recruited five times more than previous years, with major players like Amazon, Snapdeal, makemytrip recruiting in large numbers, and a number of first-time recruiters like CarTrade, Housing, Magicbricks, PayTM, Shopclues, to name a few.
The placement process at FMS, which is conducted in two phases, lateral and final placement, was quite comprehensive. Of the 60 pre-placement offers made, 42 were accepted.
Accenture Strategy and Deloitte USI (S&O) made the highest number of offers – 11 and 10 respectively. Asian Paints, Coca-Cola, Henkel, Hindustan Unilever, ITC, Johnson & Johnson, Nestle, PepsiCo, RB, etc. hired in the FMCG category. Major participants in the technology segment were Ericsson, Google, HCL, Samsung and Wipro. The report also states that the average compensation of the top 50% of the offers accepted was INR 20.46 LPA.
With a variety of sectors hiring for a variety of job profiles, it was a golden year for placements at FMS.
Picture Credits: FMS Placement Report
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