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FMS summer placement witnesses 10% increase in stipend
The average summer stipend Delhi University`s Faculty of Management Studies (FMS) witnessed a 10 per cent increase, with the average stipend around Rs 86,000.
NEW DELHI: The average summer stipend Delhi University's Faculty of Management Studies (FMS) witnessed a 10 per cent increase, with the average stipend around Rs 86,000.
The institute, which recently completed it's summer placements process for academic batch , witness 210 students being offered internships by 79 firms from 16 sectors, including 36 first time campus recruiters.
Here's a quick look at the over summer placement statistics of FMS Delhi
- No. of students in the Batch – 226
- No. of students appearing for placements – 210
- No. of students placed -210
- No. of students signed out/taking a placement holiday – 16
- No. of companies confirming participation –123
- No. of companies that made offers –79
- No. of new companies confirming participation - 59
- No. of new companies recruiting -36
- Average stipend: Rs 86,434
- Top 50% Average: Rs 1,15,725
- Top 70% Average: Rs 1,04,464
This time, the institute conducted a slotting exercise to democratically decide when a company would come in the placement process.
Company domains include Sales and Marketing, BFSI, Operations and IT, as well as new sectors such as Automobile, E-Commerce, Healthcare, Social Development, Media Marketing and Pharmaceutical.
The institute witnessed a 25 per cent increase in General Management offers and 10 per cent increase in offers from the BFSI sector.
This year, the institute reduced it's CAT weightage from 85% to 60 % , introducing an additional 10% for class X and class XII marks.