FMS Delhi Summer Placement for the batch 2018-20: Highest stipend of INR 2 lakh a month.
Read: Summer Internship Placements going great for the top B Schools
Nov 25 2018, 10:11 AM. A total of 215 students out of the total strength of 230 of the 2018-20 batch opted for Summer placements. 81 Recruiters have made the offers to all the 215 across 16 sectors. The 15 who opted out would be pursuing entrepreneurial ventures. Average stipend came out to be just above a lakh a month with over 70 per cent averaging at Rs. 1.15 lakhs. The process also kicked off in Faculty of Management Studies, Delhi University’sNot only did the college manage to get summer placements for all its students but also did that in a record of less than 2 days. The highest stipend offered is Rs. 2 lakh a month with average stipend for the top half at Rs. 1.23 lakh.
Statement from FMS reads, “The summer of 2018 reaffirmed that FMS has the best opportunities in (the) marketing domain. Apart from legacy recruiters in FMCG, sales/marketing roles were offered in healthcare, pharmaceutical, consumer electronics, retail, e-commerce, industrial goods and the automobile sector. Some of the prominent recruiters included Nestle, HUL, ITC, GSK Pharma, Elli Lilly and Tata Steel.”
FMS is effectively known for its Marketing streams. However, this year has seen a significant 16 percent jump in the number of students opting for specialisation in Finance. 54 offers for financial roles were offered by companies such as American Express, Avendus Capital, Morgan Stanley, Citi and HSBC.
Other recruiters include Accenture Strategy, AT Kearney, BCG, Amazon, Cloudtail, Flipkart and Go-MMT for consulting and IT operations. Legacy recruiters like Airtel, RIL and RPG & TAS continued to hire this year as well. Source: Times Now.