FMS registers 100% summer placement, highest stipend offered at Rs 5 lakh

NEW DELHI: Faculty of Management Studies wrapped up its summer internship process which saw 100% record placements. This year the highest average stipend offered was Rs 2,62,000 for two months. The highest stipend offered registered an increase of 9 percent from last year.

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The summer internship process saw the highest stipend at Rs 5 lakh, with the highest ever average seeing a steep rise to Rs 2.62 lakh, the institute said on its social media page. The average stipend offered to the top 10 percent students was Rs 1.85 lakh per month, and top 25 percent of the students were offered Rs 1.68 lakh per month.

“FMS Delhi has concluded one of the most successful Summer Internship Processes in record time with 100% placement. We congratulate the Corporate Relations and Placement team who played a pivotal role in achieving this feat,” tweeted FMS Delhi.

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The summer internship programme witnessed a participation of 102 companies, and 37% of offers were from the strategy consulting and general management domain. The recruiters included Accenture Strategy, Amazon, Bain & Company, Boston Consulting Group, Ernst & Young, KPMG, Microsoft, Unilever amongst others.