FMS summer placement witnesses 10% increase in stipend

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

1. No. of students in the Batch – 226
2. No. of students appearing for placements – 210
3. No. of students placed -210
4. No. of students signed out/taking a placement holiday – 16
5. No. of companies confirming participation –123
6. No. of companies that made offers –79
7. No. of new companies confirming participation - 59
8. No. of new companies recruiting -36
9. Average stipend: Rs 86,434
10. Top 50% Average: Rs 1,15,725
11. 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.