Which Company Offers a 66 Lakh Salary in FMS Delhi MBA Placements?

Microsoft

In the recent MBA placements conducted by FMS (Faculty of Management Studies), Delhi, the company that stood out for offering a salary of 66 lakhs per annum was Microsoft. The position associated with this high salary is usually in the technology and consulting domain, often within roles like product management or data analytics. This highlights Microsoft's commitment to rewarding candidates with strong technical and managerial skills.

Overview of FMS Delhi

FMS, a premiere B-School in the country, is renowned for its rigorous curriculum and robust placement statistics. In 2020, FMS ranked among the top five B-Schools in the nation. Additionally, it is notable for being relatively affordable, charging only 2 lakhs rupees for its two-year MBA program. Despite these advantages, the specifics surrounding the 66 lakh offer are quite intriguing.

Discovering More Details

The official FMS website did not provide clear information regarding the company offering the 66 lakh salary or the role. However, digging into Google and other reputable sources provided some insights. In 2016, one of the FMS students secured a 66 lakh domestic package. This information was found through various online platforms and news articles.

Company Background and Recruitment Practices

The company in question is a prominent Bulge Bracket Investment Bank, known for its rigorous selection process. This bank seeks out candidates from the top three business schools in India, particularly those with a strong background in finance and business acumen. The selection process is highly competitive and typically involves a grueling interview process that heavily focuses on financial and business analysis.

Typically, only students with outstanding academic records from institutions like Old IITs, BITs, CAs, and top commerce colleges are considered. Those who can handle the demanding 80-100 hour work week during the summer internship and deliver consistent high-quality work are offered a pre-placement offer for the Front End Investment Banking role.

Compensation and Work Conditions

The investment bank offers a stipend of Rs 2 lakh per month during the two-month summer internship period. This period can be extended to three months. The job location is Mumbai, a bustling financial hub in India.

This study into the 66 lakh salary package provides a compelling look into the competitive nature of MBA placements and the companies that value highly skilled professionals in today's market. For students at FMS Delhi and other top business schools, these insights can help them understand the particular skills and experiences that companies are looking for in candidates.