Career Prospects and Salary Packages after MBA from FMS University of Delhi
The Faculty of Management Studies (FMS) at the University of Delhi is renowned for its robust MBA program. Graduates from FMS enjoy highly competitive salary packages, with the average ranging from INR 20 lakhs to INR 25 lakhs annually. However, top performers and those in high-demand sectors can secure packages exceeding INR 30 lakhs or more. It's important to note that salary packages can vary significantly based on factors such as industry, job function, prior work experience, and economic conditions.
The Achievements of the Batch 2019-2021
Despite the challenges posed by the COVID-19 pandemic and a stagnant economy, the class of 2019–2021 from FMS achieved remarkable placement results. They received 100 placements, with an average CTC (Cost to Company) of Rs 26.2 LPA, a record for FMS. A total of 102 companies participated in the final placements process, offering a total of 228 positions. The median package was Rs 24 LPA, while the average package for the top 25 was Rs 38.56 LPA. For the first time, 77 out of 100 offers were above Rs 20 LPA, with the top 100 average CTC standing at Rs 31.8 LPA. The average CTC for female candidates increased to Rs 26.4 LPA.
Top B-Schools and Their Placements
FMS consistently ranks among the top 4 B-Schools in India. The placement outcomes for the Class of 2019 demonstrate the college's commitment to providing a high standard of education:
McKinsey Company, The Boston Consulting Group, Bain Company, AT Kearney, Accenture Strategy, EY, KPMG, PWC, SDC Deloitte, USI, Synergy Consulting, Capgemini: Recruiters for Front-End Management Consulting Roles. Morgan Stanley, Spark Capital, Avendus Capital, Haitong Securities: Hired for Front-End Investment Banking Roles. Brand Capital, Fireside Ventures, Godrej Funds, TIWPE: Recruiters for PE/VC (Private Equity/Venture Capital) Roles. Hindustan Unilever Limited (HUL), ITC, Nestle, PepsiCo, Coca-Cola, Asian Paints, RB, UNILAB, Tata Sky, Shell, Samsung, GE, Cipla: Hired for various roles in Marketing, Corporate Finance, Treasury Operations, etc. BMW, OYO, Infosys, Management Consulting, Tech Mahindra, Axis, ICICI, RPG, JSW, Adani, Info Edge, Paytm, Microsoft, Google, Uber, Royal Bank of Scotland, Standard Chartered, HSBC: Recruiters across multiple domains including Technology and Business Strategy.Factors Influencing Salary Packages
Salary packages after an MBA from FMS can vary significantly based on several factors. Key determinants include:
Industry and Job Function: Consulting firms like McKinsey and BCG typically offer higher packages compared to traditional finance roles. Experience and Performance: High-performing students or those with prior relevant experience tend to secure better packages. Economic Condition: During economic downturns, salary packages might be lower, while they can be higher during periods of economic growth.To stay updated with the latest salary trends and placement reports, it's advisable to check FMS's official placement reports or reach out to recent alumni for firsthand insights.
Conclusion
FMS remains a top choice for students looking for a high-quality MBA program. The institutional placement data for the batch of 2019–2021 serves as a testament to the college's success in preparing students for a successful career. With a competitive average salary package and high-profile recruiters, FMS is setting the benchmark for MBA placements in India.