The relatively smaller MBA batch of 50-odd students at the Department of Management Studies (DMS), Indian Institute of Technology (IIT), Delhi completed their placements by securing 90 offers from 39 companies.
Procter & Gamble, GE, KPMG, Bharat Heavy Electricals Limited and Infosys were the top five recruiters in a process that spanned a period of two weeks in December 2010.
Before the placements started, 10 students received pre-placement offers of which all were accepted except one. Three students opted out of the process. According to DMS, one of them was moving on to do a PhD at Purdue University, the second was on a sabbatical form Tata Consultancy Services while the third went back to the family business and had not registered for summer internships either.
| No of students | 52 |
| Opt-outs | 3 |
| No of students appearing for placements | 49 |
| No of companies that made offers | 39 |
| Total number of offers | 90 |
| Average offers per student | 1.83 |
| Average salary (including international offers) | Rs 14.78 lakhs |
| Median salary (including international offers) | Rs 13 lakhs |
| Highest salary (international salary converted to Rupee equivalent) | Rs 25 lakhs |
Half the batch received offers in operations, IT or consulting roles.
Update on 03/05/2011 : Notes on interpreting the salary chart. DMS, IIT Delhi has clarified that in the above chart, the ‘Lowest salary’ is the lowest accepted salary. The lowest salary offered at IIT Delhi was in the vicinity of Rs 6 lakhs.
However, all mentions of ‘Highest salary’ in the placement report are of salaries offered. The same highest ‘offered’ salaries have been used in calculation of averages and medians, but not the lowest offered. In short, the lowest salaries are of accepted offers while the highest salaries are of offers not necessarily accepted.
You are therefore requested to interpret the above salary data as ‘optimistically indicative’.
Operations
Profiles offered included Manufacturing, Plant Management, Supply Chain Management and Quality Management. BASF recruited for the Global Supply Chain Management profile while P&G; was the largest operations recruiter.
Banking and Finance
Investment Banking, Treasury, Mergers & Acquisitions, Risk Management and Project Finance profiles were offered by companies such as GE (which offered the Global Financial Management Leadership profile), American Express and Nomura.
Consulting and IT
Roles in Supply Chain Consulting, IT, Technology Consulting and Risk Advisory were on offer from companies such as Deloitte, KPMG and Accenture.
General Management and HR
GE offered the IMLP profile, while Welspun recruited for diverse roles across different businesses. General Management and HR roles were also offered by public sector companies.
Sales & Marketing
Panasonic and Tata Motors offered Sales & Marketing roles while Idea Cellular and Hindustan Coca Cola Beverages offered sales related profiles.