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100% placement at FMS

delhi Updated: Oct 19, 2009 00:34 IST
HT Correspondent
HT Correspondent
Hindustan Times
Highlight Story

If the placement trend at the Faculty of Management Studies (FMS) is anything to go by, the recession blues of last year seems to be finally lifting from the campuses.

FMS has announced that it has completed 100% placement for its first-year students (batch of 2011). But going by the trend students who will pass out this year have reasons to cheer.

“FMS was able to place all 205 students and a total of 140 companies approached us as compared to 105 last year. The average stipend has also gone up from Rs 35,000 last year to Rs 45-50,000 this year,” said Rahul Sachdev, placement secretary of FMS.

Around 84 companies, including Proctor & Gamble, Hindustan Unilever Limited, Citibank, Standard Chartered, PepsiCo, Microsoft, Unicon Securities and PVR visited the campus this year. The companies that had stayed away from the recruitment process last year were also back. Added to this, new sectors like pharmaceutical, media & advertising also made their presence felt, FMS officials said.

“I am very happy with the placement I have got,” said a first-year MBA student, who has been offered a position with Fullerton Securities.

The scene at the Delhi Technological University (DTU), too, is positive. “Around 194 students have already been placed and the numbers are going up...” said Rashmi Sablania, Public relations officer, DTU.

The average salary on offer this year is around Rs 7.25 lakh per annum till now (which may increase further once the recruitment process is over) as compared to last year’s Rs 5.25 lakh per annum.

Around 35 companies visited Jamia Milia Islamia during the recently held two-day career fair. “ Lot of well-known companies have approached us,” said Rihan Khan Suri, Training and Placement Officer.

Delhi University’s Central Placement Cell (CPC), which is in its second year, is also getting a positive response. “We are in talks with a lot of companies and the response has been good so far,” said Seema M Parihar, Chairperson, CPC.