NEW DELHI: With companies trying to make good the India opportunity as well as Indian companies announcing their arrival on the world scene, overseas offers are pouring in for students of the Faculty of Management Studies, Delhi.
The summer placements have just been wrapped up and over 20% of the batch has got the opportunity to work abroad with around 20 students getting foreign offers as compared to only four last year. The highest stipend offered this year was Rs 1.44 lakh by FMC Technologies compared to Rs 1.25 lakh last year.
The average stipend was also up from Rs 22,000 per month last year to Rs 30,000 this year. A total of 73 companies participated in the summers making 170 offers to 91 students. Global companies such as Lufthansa, FMC Technologies, IKEA and KPMG Middle East participated in this process, while Indian heavyweights like Hindustan Unilever, Procter & Gamble, Tata Administrative Services, ICICI Bank and IDG Ventures made a host of international offers for a variety of roles overseas. This was driven by the companies which are looking at an India entry in a big way and others which are on a huge expansion drive globally.
Seema Rao, secretary, placements, FMS, says: “Indian students are sought everywhere today. It’s only logical for Indian companies to offer them overseas placements in areas they are on an expansion drive. They have known them for years. Besides, foreign companies which aim to capture the Indian market are doing this as they want to build the employer brand in the country through these students.” Other companies which visited the campus for summers included BNP Paribas, Capital Lands, Singhi Advisors, Zeus Infrastructure Funds, Ranbaxy, Vodafone, Frost and Sullivan, Britannia, EXL Services, Dr Reddy’s Laboratories, Langham Capital, ABN Amro, Accenture, Motorola and Mercer.
A comparison according to the profiles, showed the highest number of students opted for marketing with 39% voting for it, beating finance which had the maximum number last year. This year 36% students took up finance in their summers. About 18% of the batch opted for consulting.
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