Summer Placement for the 2014-16 batch at Faculty of Management Studies, University of Delhi was concluded recently with spectacular performance. FMS is famous for being a college providing highest Return on Investment in India since its inception. Previously it used to conduct its own examination for selection but now FMS accepts CAT Exam score for its selection process.
This has resulted in FMS securing 219 offers for the batch of 2016, ensuring 100% placements within a span of 3.5 days. According to Dr Kavita Singh, Placement Convenor FMS Delhi “This process was facilitated by the availability of diverse pool of students to the variety of profiles offered by the companies across different domains.” Despite the uncertain economic environment, 134 companies confirmed participation at FMS to choose from amongst the best minds in the country. However, the final number stood at 87 for 219 students participating in the process.
The current year saw 36 new companies participating in the summer placement process that opened multiple profiles across a variety of domains.
Salary & Stipend: The highest domestic stipend on offer was INR 2 lakhs per month whereas the highest international stipend on offer was 500 Kuwaiti Dinar (INR 1.06 lakhs). The median stipend was INR 60 thousand per month.
The BFSI sector is leading with 22% in making the offers to the students. FMCG is the second preference of the students with 17% followed by Consulting with 14% and Telecom/technology with 13%. Retail, E-commerce and manufacturing sectors had a share of 7% each followed by Consumer durables with 5%. Rest was divided among Media & Entertainment (3%), Healthcare (2%) and others (3%).