NEW DELHI: Faculty of Management Studies, (FMS) Delhi has achieved 100% summer internship placements with the highest ever average stipend of Rs 2.41 lakh for two months, an increase of 5% from last year.

FMS has just concluded the summer internship placement process for the 2020-22 batch where 64% of the batch or 183 students have received a stipend of Rs 2 lakh and above. The median packages also increased by 10% to Rs 2.2 lakh for two months, according to a statement shared by the institute.

Around 18% of students were hired in consulting and general management domains, while 12% received offers for finance roles. The companies who participated in this drive include Accenture Strategy, Axis Bank, Bank of America, Standard Chartered, Boston Consulting Group, Capgemini, Gartner, HSBC, JSW, Kearney, Mastercard, RPG, Spark Capital, and Tata Administrative Services amongst others.

Around 42% of the students accepted offers in sales and marketing, from recruiters like Asian Paints, Coca-Cola, Hindustan Unilever Limited (HUL), ITC, Johnson and Johnson, L’Oréal, Mondelez, Reckitt Benckiser, Samsung, Tata Sky, and United Breweries.

There was a record 43% increase in the e-Commerce/IT/Operations roles compared to last year with 67 accepted offers from recruiters such as Amazon, Adobe, Byju’s, Cloudtail, Flipkart, Google, Infoedge, Microsoft, Optum, Purplle, and Udaan. There was a 34% increase in the number of offers in E-Commerce.

New Recruiters added to the list this year included big names like Bajaj Auto, CRISIL, DE Shaw, Gartner, Lubrizol, Mastercard, Myntra, Sony Pictures Network, Standard Chartered, Unacademy, United Breweries, and YES Bank.

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