The Faculty of Management Studies (FMS), University of Delhi completed the Summer Internship Placements for its class of 2010-12 for both the MBA (Fulltime) and MBA (Management of Services) courses. Nearly three-fourths of the students of this batch will intern in either Sales and Marketing or Finance roles next April.
Of the total 91 companies that made offers, Citibank made the largest bulk. The other companies that recruited in large scale were Accenture Business Consulting, Tata Administrative Services, Hindustan Unilever, Procter & Gamble and Mahindra & Mahindra.
The combined strength of the MBA (FT) and MBA (MS) batches was 236, of which one student returned to her previous company for the internship. That left 235 students, who landed internships across the 5-day-long process.
This is the last MBA (MS) batch at FMS, as starting 2011 the b-school will merge both courses into one single fulltime MBA offering.
| Batch strength | 236 |
| Did not participate in summers / Opted out | 1 |
| Effective strength that appeared for summers | 235 |
| Number of companies that made offers | 91 |
| Total number of offers | 235 |
| Avg offers per student* | 1 |
*According to FMS Media secretary Shankar Rao, the system followed at FMS requires students to exit the summer placements process once they receive an offer and hence cannot have multiple offers.
The average stipend offered for the two-month internship period was Rs 42,500 per month. The highest domestic stipend offered was Rs 125,000, offered by an investment bank for its Mumbai office posting.
41% of the offers were made in sales and marketing roles, half of which were in FMCG companies. 33% students will intern in Finance roles, one-third of whom will be in Investment Banking, Venture Capital or Private Equity companies.
Companies from the Consulting sector
Arthur D. Little offered international roles to two students while Accenture Business Consulting made 6 offers for their India locations. The other consulting companies that recruited FMS interns were Deloitte Strategy & Operations, KPMG, PricewaterhouseCoopers Advisory Functions, Avalon Consulting, Korn Ferry International and Wipro consulting.
Finance
Avendus Capital, Jacob Ballas PE, IDFC Private Equity, Helion Ventures, IDG Ventures, Deutsche GMC, Religare Global Asset Management, JP Morgan, Motilal Oswal Investment Banking, Nomura, SBI Capital, Langham Capital, Synergy Consulting, Singhi Advisors, Hinduja Global Solutions, Langham Capital and HDFC Investment Banking division.
Citibank, Standard Chartered, Bank of America (treasury roles), HSBC, American Express, Tata Capital, Axis Bank, Juniper Capital, Industrial Finance Corporation of India, Religare, ICRA, Fullerton Securities, Gensol, GrowX Ventures. National Commodities & Derivatives Exchange Ltd (NCDEX) offered its Commodities exchange profile, while Gensol offered its carbon trading role and American Express offered both its Risk Management as well as Sales & Marketing profile.
FMCG, Sales and Marketing
Hindustan Unilever and Procter & Gamble led the way with 5 offers each, while ITC made the highest number of sales and marketing offers at any campus this year. Other companies: Colgate Palmolive, HCCB, Marico, Kraft-Cadbury, Coca Cola India, Nestle, Colgate Palmolive, GSK Consumer Healthcare, Hindustan Coca-Cola Beverages, Reckitt Benckiser, Johnson & Johnson, Wrigley, Pepsi, Britannia, Dabur, Godrej, Marico, Kimberly Clark, Heinz, SABMiller, Perfetti Van Melle, CavinKare.
In addition to the FMCGs, a number of other companies offered their sales and marketing roles, such as Microsoft with 6 offers, Yum Foods, Vodafone, Aircel, Idea Cellular, Philips, Hewlett Packard, GSK Pharma, Amazon, DaimlerChrysler, Aviva, Madura, The Nielsen Company, Tata Motors, Tata Steel, Titan, Jindal Steel, Eli Lilly, Genzyme, Lifestyle, Indus Towers, NIIT, Starcom MediaVest, HT Media, Adobe, Genzyme and Cinepolis.
General Management
Tata Administrative Services (5 offers), Mahindra & Mahindra (6 offers), Bharti Group, Religare, Arcelor Mittal, HCL, DCM Shriram Group, Larsen & Toubro (L&T;), Vedanta, Cummins Group and Muruguppa Group. The Tata Group was the biggest consolidated recruiter on campus, with participation from a number of group companies such as Tata Capital, Tata Motors, Tata Steel, Titan and TCS, in addition to Tata Administrative Services, while Aditya Birla Group recruited through its group companies. A number of PSUs also recruited from FMS.
IT
GE (IMLP), Hewlett Packard Consulting, Wipro Consulting, Lenovo, Tata Consultancy Services, HCL Infosystems, Patni Computers, Birlasoft, Dassault Systems, InfoEdge, Spanco Tele and Aricent. Lenovo emerged as the biggest recruiter amongst these with 6 offers.