Summer Placements: Women students’ stipend jumps 11.2 % at FMS Delhi

NEW DELHI: The Faculty of Management Studies, Delhi concluded its summer internship placement process for the 2019-’21 batch by securing placements for the entire batch.

The average stipend grew by 13.5 percent over last years’, to Rs 2,30,000. Plus, the average compensation for the top 100 students in the batch grew from Rs 2,45,200 last year, to Rs 2,71,600 in this one.

The placement season saw in the average stipend for women students increasing by 11.2 percent to Rs. 233,674 from Rs. 210,120 the previous year. This year 80 percent of the batch, or 170 candidates, received a stipend of Rs. 2,00,000 and above.

Sales and marketing dominates

The bulk of the jobs came from the domain of sales and marketing with 39 percent of the students going for those. These jobs were in healthcare, pharmaceuticals, consumer electronics, retail, e-commerce and industrial goods sectors.

Around 22 percent of students were hired by the consulting and general management firms and 17 percent received offers from the financial sector.

The number of offers from e-commerce, information technology and operations sectors taken together, grew by a record 42 percent over the previous year. Forty-seven students got offers from Amazon, Adobe, Flipkart, Google, Media.Net, Microsoft, Ola, Swiggy and Uber. E-commerce alone made 85 percent more offers than last year.