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New Delhi: Faculty of Management Studies (FMS) Delhi has successfully concluded its final placement 2023 for MBA batch of 2021-23, by recording INR 1.23 Crore Per Annum as the highest salary, with a sharp increase in the average salary, which rose from INR 32.40 LPA to INR 34.10 LPA.
FMS Delhi has achieved 100% success rate and has recorded many firsts for the largest MBA 2021-23 batch. FMS Delhi MBA 2021–23 batch earned an all-time high average salary while the median salary has increased to INR 31 LPA, upholding its status as a gold standard business school.
In addition, 97% of the placement offers exceeded INR 20 LPA. With a 19% increase over the previous year, the number of offers made in the BFSI industry increased significantly.
Commenting on the successful MBA Placements 2023, Prof. Kavita Singh, Placement Convenor at FMS Delhi, said that the average salary for the 2021–23 batch has risen, once again giving a signal that the FMS students are not only the institute's strength but also of the corporate.
The recruiting companies were able to locate and select from a diverse group of students from a variety of fields thanks to their broad range of profile offers. Due to the transparent placement procedure followed at the FMS, both the companies and the students were able to meet their shared goals and expectations, Singh said.
With four students choosing Placement Holiday, a unique opportunity offered at FMS that allows students to take a placement break to pursue an entrepreneurial venture with the option to return within two years to sit for the placements, there was a participation of 269 out of 273 students during the FMS Placements 2023.
FMS Delhi MBA Placement 2023: Key Highlights
Name of the Placement |
FMS Delhi MBA Placements 2023 |
Conducting Body |
FMS Delhi |
Name of the Programme/ batch |
MBA 2021-23 |
Highest International Salary |
INR 1.23 CPA |
Average Salary |
INR 34.1 LPA |
Median Salary |
INR 31 LPA |
Average Salary for the top 10% of the batch |
INR 68.16 LPA |
Average Salary for the top 25% of the batch |
INR 51.67 LPA |
Average Salary for the top 50% of the batch |
INR 43.03 LPA |
Total Offers |
97% offers above INR 20 LPA |
No of Offers Made |
283 |
Total Offers made in BFSI |
19% Rise |
Total students/ students participated |
269 Students out of 273 |
Total number of students in the MBA batch |
126 freshers and 147 are with work experience upto 37+ months |
No of Pre-Placement Offers made (PPOs |
109 |
No of Pre-Placement Offers made (PPOs) accepted |
108 |
No of companies confirming participation |
110 |
No of companies invited for FMS Delhi Placements 2023 |
80 |
Top Recruiters |
Accenture, Amazon, Bain & Co, BCG, ITC, Kearney, Microsoft, KPMG, EY, HUL, Axis Bank |
More Details |
FMS Delhi MBA Placements 2023: Placement Holiday, A Unique Opportunity
Out of the 273 MBA students in 2021–23 batch, 4 chose to pursue entrepreneurship instead of participating in the 2023 placements. A placement holiday is a unique opportunity offered to FMS students allowing them to take a break from the placement process and pursue an entrepreneurial endeavour.
FMS Delhi gave them a placement holiday to begin their entrepreneurial adventure. If necessary, the students may come back within two years to take the campus placement.
FMS Delhi MBA Placement 2023 Trends: Analysis for Last 3 Years
Placement year |
Average salary (Rs. in lakhs) |
Highest salary (Rs. in lakhs) |
---|---|---|
Placement 2023 |
34.1 |
1.23 Cr |
Placement 2022 |
32.4 |
58 |
Placement 2021 |
26.2 |
58.8 |
FMS Delhi MBA Placements 2023: Top Recruiters
During the placement 2023, FMS Delhi witnessed a host of marquee recruiters, such as Accenture Strategy, Airtel, Amazon, American Express, Atlassian, Bain & Co., BCG, BDA Partners, Colgate-Palmolive, DBS Bank, HUL, I-PAC, ITC, Kearney, Microsoft, Media.net, Mondelez, Morgan Stanley, Nestle, Nomura, O3 Capital, Piramal Group, Standard Chartered, and TATA Administrative Services.
Some of the consulting giants, in specific, employed the FMS students in record numbers, underscoring the prestigious position the institution holds among India's business schools.
FMS Delhi MBA Placements 2023: Sectoral & Domain wise Placements
Through Live Projects or part-time internships, FMS MBA students collaborate with business to find solutions to issues in the real world. This is one of the many elements that attract prestigious companies from various industries to FMS Delhi's placement cycle each year and give prestigious positions in sought-after fields. The individual sector and domain placements at FMS Delhi are tabulated below.
Domain |
Campus Offers |
PPOs |
---|---|---|
Consulting/General Management/Strategy |
63 |
54 |
Sales & Marketing |
29 |
26 |
Finance |
37 |
13 |
IT/Analytics/Operations |
33 |
14 |
This year, the Consulting sector marked its position as the highest sector by offering 27% of the total offers, followed by BFSI, which made 19% offers. The IT/Analytics/Operations sector was able to provide 18% offers, in comparison to the General Management, which 16% offers, followed by the FMCG sector offering 20% Offers to the MBA students.
FMS Delhi MBA Placement 2023: Split in Two Parts
FMS Delhi MBA Placements process was split into two parts, namely Lateral and Final Placement Processes. In December 2022, the students who had completed their MBA and had more than 18 months of job experience took part in the Lateral Placement process and the remaining students later participated in the Final Placement process, which was conducted in January 2023.
Some significant steps were made to guarantee a seamless and transparent process for the companies. In order to determine when a company would enter the placement process, a slotting exercise was first conducted. In addition, a scheduling algorithm was used in the placement process for the sixth consecutive year to match the preferences of the business and the student as best as possible during the recruitment exercise.
The strong placements every year are evidence of the excellence-oriented mindset that FMS instills in its students. Along with their studies, students who are pursuing an MBA are encouraged to work with industry titans to solve real-world issues in order to receive real-world industry exposure.
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