Friday, 03 September 2010
 
 
PRESS RELEASES
 
Summer Placements 2008

FMS Batch of 2010: Blazing Ahead

FMS, the oldest premier business school in the country is known to be the Trailblazer in the field of Management Education and this year too, our students scaled greater heights with a 100% summer placements in a record time. The varied nature of the roles offered in diverse and niche sectors indicate the confidence and faith that the corporate world has in FMS.
The highlight of Summers 2008 was the niche profiles offered to students, ranging from Private Equity to Investment Banking to Media Communication. This year recruiters included private equity players like Avigo Capital Partners, realty firm IREO, venture capital firm Helion Ventures, trading firms like Stemcor, marketing companies like Starcom MediaVest, Apple, Perfetti, Puma, Heinz and J&J Medical and strategy profiles offered by Mahindra and Mahindra.
Continuing from last year, Indian heavyweights and traditional recruiters like Hindustan Unilever Limited, Procter & Gamble and Tata Administrative Services made a slew of offers across various sectors and geographies. In addition to this, international roles were offered by companies like Arthur D. Little, Starcom Media Vest and FMC Technologies. Summers 2008 also saw the participation of companies like Vodafone, GE Corporate, Citibank, IDFC SSKI, Microsoft, Cognizant, Coca Cola, ITC, Nestle, Godrej et al offering profiles in a range of sectors.
With multiple offers being made by the companies to students of the two full-time programmes: 107 in MBA and 48 in MBA-MS, the average stipend this year rose to Rs. 37,000 per month this year. All in all, Summers 2008 was an expression of the capability of the students to get a dream internship in companies and profiles of their choice.

Finance

Despite the global meltdown, FMS saw a plethora of varied offers from the best financial institutions in the country. Leading banks like Standard Chartered, Citibank, HSBC, Bank of America, American Express, ICICI Bank and Axis recruited in large numbers in both Corporate as well as Consumer Banking. Around 15% of the batch got much coveted profiles in these leading banks. Besides these, investment banking firms like Langham Capital and IDFC-SSKI, venture capital firms Helion Ventures and IDG Ventures and private equity firm Avigo Capital Partners reaffirmed their relationship with the campus, offering a variety of roles to the students.
International steel trading firm Stemcor, infrastructure fund managers Zeus Inframanagement, financial research firms ICRA and Dun and Bradstreet and real estate developers IREO also participated in the process and offered niche roles to the candidates. FMCG majors HUL, P&G, SAB Miller and Coca Cola continued the tradition of offering finance profiles in addition to the existing Sales & Marketing profiles. Corporate Finance continued to rule the roost with 19% of the batch being offered these profiles.

Marketing

FMS is reputed for providing quality talent in the field of marketing and this year’s summer placements reiterated this very fact. Industry giants like HUL, P&G, Coca Cola, Cadburys, ITC, Perfetti, Colgate Palmolive, Nestle, GSK, Britannia, Pepsi, SAB Miller, Reckitt Benckiser, Dabur, Agro Tech, Puma and Heinz were some of the FMCGs that participated in the process. 29% of the batch decided to join the FMCG giants for their summer internships.
This year saw for the first time marketing profiles being offered for summer internship by media communication agency, Starcom MediaVest Group and Viacom. Mahindra & Mahindra, Essar, Motorola, Tata Motors and telecom majors Vodafone and Idea Cellular participated in the process making multiple offers in the field of Sales and Marketing. IT behemoths Microsoft and Apple offered sales and marketing profiles for the first time. 21% of the batch was offered marketing profiles in these companies.
 
Consulting and General Management

Summers 2008 saw the participation of many top notch consulting companies, from large firms in strategic management to boutique firms offering specialised services. Leading consulting firm Arthur D Little offered roles in management consulting with locations in the Middle East and Dubai. FMC Technologies offered profiles in Operations consulting. Legacy recruiters Tata Administrative Services and Essar group also participated in the process making multiple offers in the field of general management. Mahindra and Mahindra came for the first time offering a profile in general management. Around 7% of the batch took up offers in the area of Consulting and General Management.


IT Consulting

The IT sector saw handsome participation from global heavyweights like Microsoft, Cognizant, IBM, Genpact, Aricent and Wipro. Approximately, 8% of the batch opted for IT profile for their summers. Candidates showed a clear inclination for choosing challenging profiles over lucrative stipends offered by companies.

 

Functional Profile - Summers 2008


The Placement Convener, Prof. Madhu Vij said “Since it is the campus responsibility to provide summer internships and final placements for all the students at FMS, we are really elated that we have lived upto the expectations of the students. Summer internships are critical to provide the students a much needed corporate exposure and we here at FMS help them make the right decision by offering them plenty of choices with respect to both companies and profiles. The record 100% summer placements this year, despite the global financial meltdown and general downturn in the industry, reaffirm the premier stature that this campus enjoys. We are sure that our students would succeed in any organisation across the globe, so the high number of international offers doesn’t come as a surprise to us.”
 “FMS always firmly believed that in the nature of things, if any door closes, many others open. This year, alongwith our legacy recruiters, we also had new and niche players coming to the campus to assess and appreciate our products. The experience has turned out to be very enriching for all of us and we are looking forward to an encore in our Final placements too.” said Prof. J.K. Mitra, Dean, Faculty of Management Studies, Delhi.
By setting such a mark, the batch of 2010 has set the ball rolling assuring that the best of offers will rain in for the final placements in 2009