FMS MBA Placement Report

Final Placements 2009: Braving the odds

Against the backdrop of the global economic slowdown, Faculty of Management Studies, New Delhi managed to complete a very creditable placement process for the batch of 2009. Although the process stretched much longer in duration as compared to the preceding years, FMS provided 100% placements to all entitled students of the graduating batch.
With 89 students in the MBA course and 42 students in MBA-MS to place, FMS ended the process with a domestic average of INR 11.47 lakhs per annum for MBA and INR 11.15 lakhs per annum for MBA-MS. Although the average saw a significant drop (around 20% for both batches combined) as compared to the previous year, it was very respectable considering the current economic situation.
The highest domestic package was INR 19 lakhs per annum for a student from the MBA course.

Placement Snapshots

• The average domestic salary for accepted offers was INR 11.47 lakhs per annum for MBA and INR 11.15 lakhs per annum for MBA-MS.
• The highest domestic package was INR 19 lakhs per annum offered by Microsoft India to a student of the MBA course.
• Nearly half of the students (49%) in MBA and one third (34%) in MBA-MS opted for a career in Finance, a decrease of 3% and 12% respectively as compared to last year, rightfully reflecting the prevailing uncertainty in the financial sector.
• The top recruiters of the process included Standard Chartered Bank, Citibank, Microsoft India, Hindustan Unilever Limited and TAS.
• FMS managed to call several new recruiters this year which included firms as diverse as Barings PE, Wrigley’s, Larsen & Toubro Ltd. and E&Y Dubai.
• A total of 31 new companies visited the campus from all the major domains. This included a good number of Public Sector Undertakings (PSUs), providing a shift in the trend over the past years.
• FMS continued its legacy of unmatched placements in the Marketing Sector with several FMCGs like Britannia and Wrigley’s recruiting only at FMS.
  

Final Word
The Final Placements were certainly hit by the prevailing economic meltdown, but FMS ensured that the batch of 2009 left the college with a smile on its face. As Prof. Madhu Vij, Convenor, Placement Committee succinctly put it, “The Final Placements 2009 have yet again proven that FMS is more than capable of standing its ground in the face of extreme challenges. With the global economic slowdown hitting all B-School placements, it was essential to ensure that there was no compromise made in the profiles offered and that the students get into the sectors of their choice. The placements statistics of 2009, although not as spectacular as the past year’s, reflect the strong grounding and preparation that goes into every process at FMS and have helped maintain the status of FMS as one of the leading campuses in India.”