NEW DELHI :
MBA students of the Faculty of Management Studies (FMS), Delhi got an average annual salary package of ₹25.6 lakh during campus placements which ended recently. The institute said it is the highest ever CTC package for their students. The highest annual salary package for the 2018-20 batch stood at ₹58.6 lakh.
"The average package increased by 11% over the last year and the median package stood at 23.4 lakh per annum. The average CTC of the top offers stood at 31 LPA. There has been a 36% increase in the number of PPOs (pre-placement offers) and a 42% increase in the number of consulting offers being made as compared to last year," FMS Delhi said in a statement.
For the first time, 75% of the offers were above 20 lakh with average CTC of top quartile at ₹37.3 lakh. The average CTC for women also increased to ₹26.2 lakh.
33% of the MBA students got jobs in consulting, strategy and general management domain. Prominent recruiters offering roles in this domain were ABG, Accenture Strategy, Airtel, Bain & Company, Capgemini E.L.I.T.E, EY, Flipkart, Kearney, McKinsey & Company, Shell, TAS, and Xiaomi.
Altogether, there were 219 students who appeared for campus placement interviews after which 88 companies offered 234 jobs. The top 100 students got an average CTC of ₹31 lakh.
Continuing the trend of last few years, e-commerce companies recruited in large numbers from FMS Delhi. E-commerce giants offered coveted product and program management roles. The operations/IT/e-commerce domain received 26% of the total offers from companies like Amazon, American Express, Cloudtail, Delhivery, Flipkart, Freshworks, Go-MMT, Infoedge, Microsoft and RBS.
A total of 24% offers were made in the FMCG sector and 17% in banking, financial services & insurance (BFSI) domain.