FMS Delhi Placement 2023 Records INR 1.23 Cr as Highest CTC Recieved; Sees a Sharp Increase in Average Salary

New Delhi: Faculty of Management Studies (FMS) Delhi has successfully concluded its final placement 2023 for MBA batch of 2021-23, by recording INR 1.23 Crore Per Annum as the highest salary, with a sharp increase in the average salary, which rose from INR 32.40 LPA to INR 34.10 LPA.

FMS Delhi has achieved 100% success rate and has recorded many firsts for the largest MBA 2021-23 batch. FMS Delhi MBA 2021–23 batch earned an all-time high average salary while the median salary has increased to INR 31 LPA, upholding its status as a gold standard business school. 

In addition, 97% of the placement offers exceeded INR 20 LPA. With a 19% increase over the previous year, the number of offers made in the BFSI industry increased significantly.

Commenting on the successful MBA Placements 2023, Prof. Kavita Singh, Placement Convenor at FMS Delhi, said that the average salary for the 2021–23 batch has risen, once again giving a signal that the FMS students are not only the institute's strength but also of the corporate. 

The recruiting companies were able to locate and select from a diverse group of students from a variety of fields thanks to their broad range of profile offers. Due to the transparent placement procedure followed at the FMS, both the companies and the students were able to meet their shared goals and expectations, Singh said. 

With four students choosing Placement Holiday, a unique opportunity offered at FMS that allows students to take a placement break to pursue an entrepreneurial venture with the option to return within two years to sit for the placements, there was a participation of 269 out of 273 students during the FMS Placements 2023. 

FMS Delhi MBA Placement 2023: Key Highlights

FMS Delhi MBA Placements 2023: Placement Holiday, A Unique Opportunity

Out of the 273 MBA students in 2021–23 batch, 4 chose to pursue entrepreneurship instead of participating in the 2023 placements. A placement holiday is a unique opportunity offered to FMS students allowing them to take a break from the placement process and pursue an entrepreneurial endeavour. 

FMS Delhi gave them a placement holiday to begin their entrepreneurial adventure. If necessary, the students may come back within two years to take the campus placement.

FMS Delhi MBA Placement 2023 Trends: Analysis for Last 3 Years

FMS Delhi MBA Placements 2023: Top Recruiters 

During the placement 2023, FMS Delhi witnessed a host of marquee recruiters, such as Accenture Strategy, Airtel, Amazon, American Express, Atlassian, Bain & Co., BCG, BDA Partners, Colgate-Palmolive, DBS Bank, HUL, I-PAC, ITC, Kearney, Microsoft, Media.net, Mondelez, Morgan Stanley, Nestle, Nomura, O3 Capital, Piramal Group, Standard Chartered, and TATA Administrative Services. 

Some of the consulting giants, in specific, employed the FMS students in record numbers, underscoring the prestigious position the institution holds among India's business schools. 

FMS Delhi MBA Placements 2023: Sectoral & Domain wise Placements 

Through Live Projects or part-time internships, FMS MBA students collaborate with business to find solutions to issues in the real world. This is one of the many elements that attract prestigious companies from various industries to FMS Delhi's placement cycle each year and give prestigious positions in sought-after fields. The individual sector and domain placements at FMS Delhi are tabulated below.

This year, the Consulting sector marked its position as the highest sector by offering 27% of the total offers, followed by BFSI, which made 19% offers. The IT/Analytics/Operations sector was able to provide 18% offers, in comparison to the General Management, which 16% offers, followed by the FMCG sector offering 20% Offers to the MBA students. 

FMS Delhi MBA Placement 2023: Split in Two Parts

FMS Delhi MBA Placements process was split into two parts, namely Lateral and Final Placement Processes. In December 2022, the students who had completed their MBA and had more than 18 months of job experience took part in the Lateral Placement process and the remaining students later participated in the Final Placement process, which was conducted in January 2023. 

Some significant steps were made to guarantee a seamless and transparent process for the companies. In order to determine when a company would enter the placement process, a slotting exercise was first conducted. In addition, a scheduling algorithm was used in the placement process for the sixth consecutive year to match the preferences of the business and the student as best as possible during the recruitment exercise.

The strong placements every year are evidence of the excellence-oriented mindset that FMS instills in its students. Along with their studies, students who are pursuing an MBA are encouraged to work with industry titans to solve real-world issues in order to receive real-world industry exposure.

Read More:

• FMS Delhi Admission 2023 

• FMS Delhi Programme 2023 

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