DMS IIT Delhi Sees 15% Growth in Average Salary Offered

The average domestic salary offered this year at Department of Management Studies, IIT Delhi’s Final Placement 2006, touched Rs.7.44 Lakhs per annum – a marked growth of 15% over last year’s figures. The average foreign compensation offered stood at $70, 000 per annum. The highest domestic salary offered on campus was Rs. 10 Lakhs per annum while the Median domestic salary for the batch stood at Rs. 7.25 Lakhs per annum. The placement process resulted in an average of 1.51 offers per student.

Consulting emerged as the preferred sector for the students with companies like TSMG, Ernst & Young, Accenture, Avalon, IBM Global Services, ITpreneurs participating in the process. The batch of 2006 saw placements in the BFSI- Banking Financial Services and Insurance sector with over 25% of the batch opting for this sector. The companies that visited campus included the likes of CapitalOne, Citibank, SBI, Kotak Bank, ICICI Prudential, Genpact, E-Funds International, India Bulls and Futures First.

The institute also witnessed impressive placements in the IT and ITES sectors with big-wigs like CSC, Infosys Technologies, Wipro, Inductis, HCL Group, Patni, eClerx, Pulsar Knowledge Centre, McKinsey KC, US Technology, Perot Systems and Hexaware coming to campus to recruit the Techno savvy managers of DMS, IIT Delhi. Challenging profiles were also offered by Maruti Udyog, DHL Worldwide, Bharti Televentures and many more. The summer placement process has also commenced with organizations like American Express, Citibank, HSBC, IBM Global Services, PepsiCo International, Flextronics, Mindtree Consulting, Maruti and many more in fray to recruit students from first year for two months internship program.

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