Of the total batch size of 230 students, around 219 joined the placement process; they received a total of 234 offers, along with 68 pre-placement offers
Contrary to apprehensions over a sluggish economy, placements at top B-schools, including Indian Institutes of Management (IIMs), have been robust this year. Faculty of Management Studies (FMS), Delhi, which reported a 100 per cent placement, attracted its highest-ever average cost-to-company (CTC) offer of Rs 25.6 lakh per annum, as the B-school wrapped up the final recruitment process for the 2018-20 batch. The highest annual salary package offered was Rs 58.6 lakh.
The average package saw an 11 per cent over the last year, while the median package stood at Rs 23.4 lakh per annum. IIM Ahmedabad’s final placement process witnessed a rise of 80 per cent in the number of recruiters participating from the private equity (PE), venture capital (VC) and asset management (AM) cohort this year, over 2019.
Besides, at IIM Udaipur, the average stipend for internships rose 37 per cent as the B-school wrapped up its summer placement process for the 2019-21 batch, ahead of its final placement process for the 2018-20 batch. The average stipend for the batch reached Rs 85,060, up 37 per cent over last year. The highest stipend — Rs 2.50 lakh — was offered in the FMCG sector..Read More
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