FMS Summer Placements 2024: 289 Students Placed with Average Stipend of Rs 2.96 Lakh

· Education

The Faculty of Management Studies (FMS) has concluded its summer placements for the batch of 2023–25, achieving remarkable success. Out of 304 offers made by 101 participating companies, a total of 289 students have been successfully placed.

 

FMS Summer Placements: The stipend in each category has seen an increase in the past three years.

According to data released by FMS, the average stipend for the top 10 percent of students stands at Rs 4.22 lakh, Rs 4.03 lakh for the top 25 percent, and Rs 3.57 lakh for the top 50 percent. Notably, there has been a consistent increase in stipend across all categories over the past three years. The average stipend for the entire batch is Rs 2.96 lakh, with the median stipend recorded at Rs 3 lakh.

Sector-wise Performance

E-commerce companies continued their strong presence in FMS placements, offering sought-after product and program management roles. Major recruiters included Adobe, Amazon, American Express, Arcesium, GE Vernova, HDFC Credila, Hindustan Unilever, Infoedge, Media.net, Microsoft, Natwest, Qualcomm, Samsung, Uber, and Zomato.

In the Sales and Marketing domain, FMCG giants remained prominent recruiters, while sectors like Pharmaceuticals, Consumer Electronics, Retail, E-Commerce, Industrial Goods, and Automobiles also offered lucrative roles. Top recruiters encompassed Apollo, Asian Paints, AstraZeneca, Bridgestone, Cipla, Coca-Cola, Dabur, Diageo, Disney HCCB, ITC, L’Oréal, Mondelez, Nestle, NPCI, Perfetti Van Melle, Pernod Ricard, Pidilite, Puma, Reckitt, Tata Play, and VI.

The finance sector witnessed placements in various roles including Investment Banking, Corporate Finance, Corporate Banking, and Wealth Management. Leading recruiters in this domain included American Express, Axis Bank, Bank of America, Bharti Enterprises, Citi, Goldman Sachs, HDFC, JPMC, Morgan Stanley, SMBC, White Oak, and Yes Bank.

Consulting, General Management, and Strategy roles were filled by companies such as Aditya Birla Fashion, Accenture Strategy, Adani, Airtel, Bain & Company, BCG, Capgemini, Deloitte, EY Parthenon, JSW, Kearney, KPMG, Mahindra Group, McKinsey & Co., PWC, Reliance, Renew Power, and TAS.

The successful summer placements at FMS underscore its reputation as a premier management institution, providing students with diverse opportunities across sectors. As the academic year progresses, students can look forward to leveraging their summer experiences to excel in their respective fields.