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<ul><li>IIMs aside, other B-schools like Faculty of Management Studies Delhi and <keyword id="481185" type="COMPANY" weightage="20" keywordseo="Management-Development-Institute">Management Development Institute</keyword> (MDI) students also receive high paying job offers. </li><li><keyword id="1938161" type="PERSON" weightage="20" keywordseo="FMS-Delhi">FMS Delhi</keyword> recorded its highest ever average salary package at ₹25.6 lakh while the highest package went up to ₹58.6 lakh per annum. </li><li>Meanwhile, the average compensation at MDI too increased by 9.5% at ₹22.05 lakh. </li><li>Both the institutions clocked in 100% placements this season. </li></ul><keyword id="53914" type="COMPANY" weightage="20" keywordseo="Indian-Institutes-of-Management">Indian Institutes of Management</keyword> (IIMs) have achieved iconic status for their courses, faculty and of course the high paying job offers. But it is not just these students who are walking away with the best of salary offers. Students of other B-schools like Faculty of Management Studies Delhi and Management Development Institute (MDI) are receiving salary offers that are just as good. This year, on average, FMS Delhi students received job offers that paid ₹25.6 lakh. The best paying job offer went as high as ₹58.6 lakh per annum. This is the kind of high paying salaries that are generally associated with IIMs, XLRI and others. Thanks to A-list recruiters like Capgemini, McKinsey &amp; Co, Flipkart, Airtel and Xiaomi, almost 75% of FMS students received offers that paid above ₹20 lakh. That is three in four students. For the top performing quartile, the salaries went as high as ₹37.5 lakh. Though FMS ranks 35th in top Indian B-schools, the students who get admission to this Delhi University-affiliated college have to score 99% in CAT. However, due to public university affiliation, the fees are around ₹65,000 per year while the IIMs cost a massive ₹10 lakh per annum. <div type="image" title="fms" msid="74185469" hostid="261" caption="&amp;lt;p&amp;gt;Faculty of Management Studies, Delhi&amp;lt;/p&amp;gt;"></div>

 Startups and other businesses come hiring at elite B-schools The high salaries of FMS students is not an aberration. In fact, across elite schools average compensations have been growing in spite of the slowdown. The <a href="https://www.businessinsider.in/careers/news/amazon-becomes-the-top-recruiter-at-mdi-gurgaon-with-a-40-5-lakh-offer/articleshow/73545137.cms">average compensation at MDI</a> too increased by 9.5% at ₹22.05 lakh, thanks to startups and new-age businesses looking for bright, fresh minds. <div type="image" title="32743536387_9f030c0e1c_o" msid="74185477" hostid="261" caption="&amp;lt;p&amp;gt;Management Development Institute, Gurgaon&amp;lt;/p&amp;gt;"></div>

 Amazon offered the highest package at ₹40.5 lakh and 41 offers came from the ecommerce sector. Other recruiters were Flipkart, Oyo and PhonePe. The increased demand for digital skills across job roles seems to be working in favour of fresh graduates. “When you talk about digital businesses, they will definitely look at retaining talent with digital skills. The e-commerce sector has seen the highest growth, in terms of hiring at nearly 141%, compared to last year,” Kanwal Kapil, Dean of Placements at MDI<a href="https://www.businessinsider.in/careers/news/amazon-becomes-the-top-recruiter-at-mdi-gurgaon-with-a-40-5-lakh-offer/articleshow/73545137.cms"> told </a>Business Insider. The growing trend of summer placements and pre-placement offers too might have had an effect on the increased interest of recruiters. MDI said that it received 36% more pre-placement offers at 68. During the summer placements as well, both the two institutes witnessed a 40% and 14% increase in offers from consulting companies, respectively. Needless to say, both the universities clocked in 100% placements this season. See also: <a href="https://www.businessinsider.in/careers/news/these-are-the-starting-salaries-offered-to-b-school-students-in-india/articleshow/74168696.cms">These are the starting salaries offered to B-school students in India</a> <a href="https://www.businessinsider.in/careers/news/indias-best-minds-from-iim-ahmedabad-xlri-mdi-gurgaon-are-heading-to-consulting-firms/articleshow/74055916.cms">India’s best minds from IIM Ahmedabad, XLRI are heading to consulting firms</a> <a href="https://www.businessinsider.in/careers/news/iim-lucknow-iim-kozhikode-mdi-gurgaon-secure-100-placements-offering-2-5-million-as-the-starting-pay/articleshow/73722200.cms">Indian B-schools are beating the slowdown with average salary offers at ₹2.5 million</a>

These two B-schools have seen placement offers as good as those at IIMs

<ul><li>The highest job offer at the <keyword id="119622" type="ORGANIZATION" weightage="20" keywordseo="Indian-Institute-of-Foreign-Trade">Indian Institute of Foreign Trade</keyword> (<keyword id="6735361" type="UNKNOWN" weightage="20" keywordseo="iift">IIFT</keyword>) stood at a staggering ₹75 lakh per annum — one of the highest pay packets received so far across management institutes. </li><li>As many as 125 companies visited the campus and the average compensation stood at ₹20.48 lakh. </li><li>IIFT said that nearly 28% of its graduates received pre-placement offers.</li></ul>The Indian Institute of Foreign Trade (IIFT) beat Indian Institutes of Management (IIMs), Xaviers School of Management (XLRI) and Faculty of Management Studies (FMS) Delhi to bag the highest salary offer at ₹75 lakh per annum. The institute, which operates under the commerce ministry however saw only a marginal increase in average compensation to ₹20.5 lakh. As many as 125 companies visited the campus this year and over 40 first-time recruiters hired this year. This includes consulting and banking majors McKinsey &amp; Co, Reckitt Benckiser, RBL Bank and Axis Bank. “The largest ever batch of 2018-20 has been placed in various reputed organizations. The successful placement is a testament to the rigorous academic involvement and professional exposure IIFT provides to its students,” <a href="https://m.hindustantimes.com/brand-post/iift-final-placements-sees-the-record-of-recruiters-attending-the-campus/story-ERcqleK0GdUAc3eDZkqAoO_amp.html">said</a> Rohit Mehtani, head of corporate relations and placement division. The students received job offers from companies across sectors like consulting, banking and finance, sales, marketing and operations. The top recruiters include Goldman Sachs, Yes Bank, Dabur, TATA International among others. Offers from tech giants — Microsoft, Wipro, Cognizant and Capgemini — for IT and product management roles also continued to grow. The growing trend of summer placements and pre-placement offers too might have had an effect on the increased interest of recruiters. IIFT said that nearly 28% of its graduates received pre-placement offers. During the summer placements as well, the average stipend stood at a whopping ₹2 lakh a month. “The students at IIFT were placed across 96 companies. The highest stipend offered was ₹3.2 lakh per month. This year the number of companies with an average stipend of over ₹2 lakh has increased by 46%," IIFT <a href="https://www.google.co.in/amp/s/m.economictimes.com/jobs/iift-completes-summer-placements-average-stipend-at-rs-2-lakh-per-month/amp_articleshow/71634182.cms">said during its summer placements</a>. Students of other B-schools like <a href="https://www.google.co.in/amp/s/www.businessinsider.in/careers/news/fms-delhi-and-mdi-gurgaon-have-seen-placement-offers-as-good-as-those-at-iims/amp_articleshow/74184992.cms">Faculty of Management Studies Delhi and Management Development Institute (MDI)</a> are receiving salary offers that are just as good. This year, on average, FMS Delhi students received job offers that paid ₹25.6 lakh. The best paying job offer went as high as ₹58.6 lakh per annum. See also: <a href="https://www.businessinsider.in/careers/news/fms-delhi-and-mdi-gurgaon-have-seen-placement-offers-as-good-as-those-at-iims/articleshow/74184992.cms">These two B-schools have seen placement offers as good as those at IIMs</a> <a href="https://www.businessinsider.in/careers/news/these-are-the-starting-salaries-offered-to-b-school-students-in-india/articleshow/74168696.cms">These are the starting salaries offered to B-school students in India</a> <a href="https://www.businessinsider.in/careers/news/indias-best-minds-from-iim-ahmedabad-xlri-mdi-gurgaon-are-heading-to-consulting-firms/articleshow/74055916.cms">India’s best minds from IIM Ahmedabad, XLRI are heading to consulting firms</a>

IIFT receives highest job offer at ₹75 lakh — that’s higher than XLRI, FMS and a few IIMs

<ul><li>Consulting firms and e-commerce companies have been the most promising employers this year across India’s top B-schools. </li><li>This year, companies are hiring management interns with engineering background — especially in the computer science and electronics domain. </li><li>A study by talent solutions company Xpheno predicted that companies are expected to hire almost a third of management students for tech profiles. </li><li>Nearly 68 management students got IT and Analytics profiles at IIM Bangalore from companies like Ola, Oyo Rooms and United Health Group among others.</li></ul>Despite the economic slowdown affecting jobs, India’s top business schools have wrapped up the summer placements on a good note. <a href="https://www.hindustantimes.com/education/finance-consulting-firms-are-key-recruiters-at-iims-and-other-b-schools/story-aaUPXZl39DhFaSGiwjEhrJ.html">Consulting firms and e-commerce companies</a> have been the most promising employers this year. This year they are also looking for more diverse candidates. Companies are hiring management interns with engineering background — especially in the computer science and electronics domain. A study by talent solutions company Xpheno predicted that companies are expected to hire almost a third of management students for tech profiles. Global multinationals like American Express, Microsoft and Amazon are hiring interns in the field of data science, artificial intelligence, machine learning and Internet of Things (IoT). “Demand for managers with technology and innovation skills has been on the rise,” Madhu Vij, placement head at Faculty of Management Studies (FMS), Delhi <a href="https://economictimes.indiatimes.com/industry/services/education/tech-talent-at-b-schools-set-to-score-high-this-placement-season/articleshow/72015621.cms">told</a> ET, adding that the demand for qualitative and quantitative proficiency has increased. India’s top B-school campuses — Indian Institute of Management (IIM), Calcutta, Indian Institute of Management, Lucknow — scored maximum offers for tech profiles. IIM Calcutta scored over twice the tech jobs, as compared to last year — at 62. On the other hand, 68 management students were hired for IT and analytics profiles at IIM Bangalore from companies like Ola, Oyo Rooms and United Health Group among others. Consulting firms dominate at IIMs Consulting firms — KPMG, <keyword id="136162" type="COMPANY" weightage="20" keywordseo="Boston-Consulting-Group">Boston Consulting Group</keyword> (BCG) rolled out the most number of offers. IIM Bangalore too received 126 offers from <a href="https://economictimes.indiatimes.com/jobs/consulting-companies-keep-the-show-going-at-b-school-summers/articleshow/71912004.cms">consulting firms</a> including Bain &amp; Company, BCG and Mckinsey. IIM Kozhikode got 13% more offers from consulting majors like PwC and Deloitte. IIMs aside, other b-schools like <keyword id="481185" type="COMPANY" weightage="20" keywordseo="Management-Development-Institute">Management Development Institute</keyword> (MDI) and Faculty of Management Studies (FMS), Delhi also witnessed a 40% and 14% increase in offers from consulting companies, respectively. Overall, it has been a good year for India’s B-school pass outs. On domestic job roles, the highest offer extended was at ₹2.7 lakh. See also: <a href="https://www.businessinsider.in/careers/news/almost-half-the-companies-in-india-offering-internships-eventually-hire-the-same-candidates/articleshow/71607885.cms">Almost half the companies in India offering internships eventually hire the same candidates</a> <a href="https://www.businessinsider.in/careers/news/indias-top-b-school-graduates-are-being-paid-over-2-lakh-for-summer-internships/articleshow/71500201.cms">India’s top b-school graduates are being paid over ₹2 lakh for summer internships</a> <a href="https://www.businessinsider.in/careers/news/engineering-students-can-now-intern-with-ias-officers/articleshow/71835003.cms">Engineering students can now intern with IAS officers</a>

B-school students get summer placements — but for technology job profiles

<a href="http://www.businessinsider.in/Dear-Snapdeal-Get-Your-House-In-Order-Before-Its-Too-Late/articleshow/45822319.cms">Snapdeal</a> plans to have an extensive engagement programme with campuses before they go for final placements as they plan to hire more candidates next year, but is looking beyond B-school products. <keyword id="541988" type="COMPANY" weightage="100" keywordseo="SnapDeal">Snapdeal</keyword> hired about 250 MBA graduates across business schools this year. 
 
"We identify the needs of all our business units through an extensive workforce planning exercise and come up with a percentage that needs to be <a href="http://www.businessinsider.in/Snapdeal-to-foster-employment-in-rural-India/articleshow/46504328.cms">hired</a> through campus to decide our overall campus hiring number. However, the focus in not on adding more colleges but hiring the right candidates and we will ensure a large campus pool to get the best talent and right candidates for the roles," said <keyword id="2850599" type="UNKNOWN" weightage="100" keywordseo="Saurabh-Nigam">Saurabh Nigam</keyword>, VP at Snapdeal, told ET. 
 
Nigam said that while the <a href="http://www.businessinsider.in/Snapdeal-launches-special-zone-atDharamshala/articleshow/47771763.cms">company</a> looks at MBA-qualified talent to fill non-technical positions in the fields of sales and marketing, business strategy, category management, supply chain and product management to make strategic business decisions, the roles offered will not necessarily depend on the pedigree of the institutes as the company is looking at a talent pool with dynamic skill sets, people who are self-driven and have risk-taking abilities. 
 
"Besides, there is a sea of talent in our country and we are not restricted to just premier MBA institutes to fuel our growth as an organisation," he added. 
 
Snapdeal, which has over 5000 employees and hired a total of 250 MBA graduates this year, had a structured hiring plan for business schools for the first time this year. Nigam stated the company is now four times the size it was a year ago. 
 
"This year we recruited interns to review the candidate pool at campuses. We were amongst the first few to visit in the laterals hiring (rolling) process across all IIMs and other premier campuses like MDI, FMS and SP Jain. Furthermore, we were able to get very competitive slots across all top-tier campuses like ISB," said Nigam. 
 
This year, the company plans to have an extensive engagement plan to engage with campuses before they go in for final placements to ensure that they have clearly identified the campuses to visit during the placement season. <a href="http://www.businessinsider.in/Yes-you-heard-that-right-Snapdeals-selling-Yachts-now/articleshow/46631171.cms" target="_blank">Snapdeal</a> recruited from campuses like <keyword id="19478" type="CITY" weightage="100" keywordseo="IIM">IIM</keyword> Bangalore, IIM Kozhikode, and MDI Gurgaon this year. 
 
 
(Image credits: Indiatimes)

Snapdeal would engage extensively with campuses prior placement season next year

<ul><li>This placement season, undergraduate colleges like Lady Shri Ram College for Women (LSR), Shri Ram College of Commerce (<keyword id="6363378" type="UNKNOWN" weightage="20" keywordseo="SRCC">SRCC</keyword>) and St Stephen's college witnessed a jump in the job offers and average salaries. </li><li>The average salary package at LSR and SRCC went up from ₹7.5 lakh to ₹10 lakh per annum. The highest offered bagged by these freshers stood at over ₹30 lakh. </li><li>Among the top recruiters were Gartner, EY, PwC, Deloitte, KPMG, Samsung and Accenture. This includes the first time recruiters as well. </li></ul>Slowdown doesn’t seem to be affecting the placements at the premier institutions in India. Not just Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs), undergraduate colleges like Lady Shri Ram College for Women (LSR), Shri Ram College of Commerce (SRCC) and St Stephen's college affiliated to the University of Delhi also witnessed a<a href="https://economictimes.indiatimes.com/jobs/job-offers-at-premier-undergrad-colleges-belie-slowdown-average-packages-zoom/articleshow/74289101.cms?from=mdr"> jump in the job offers and average salaries</a>. For the 2019-20 placement season, the average salary package at LSR and SRCC went up from ₹7.5 lakh to ₹10 lakh per annum. The highest offered bagged by these freshers stood at over ₹30 Lakh. As many as 130 students received job offers at SRCC. “We haven't seen an overall impact of the slowdown in placements. The number of companies coming has more or less remained the same since last year, however the number of students that were made an offer to have increased,” Kanika K Ahuja, placement in-charge at LSR told ET. The students who get admission to these Delhi University-affiliated colleges have to score over 95% in the 12th grade — due to high cut-offs. Among the top recruiters were Gartner, EY, PwC, Deloitte, KPMG, Samsung and Accenture. This includes first-time recruiters as well. <a href="https://www.dupost.co.in/du-blog/2020/du-delhi-university-placement-2019-highest-average-salary-package/">According to the Central Placement Cell (CPC)</a> of DU, Stephen’s college bagged the highest offer at ₹19 lpa from the Boston Consulting Group. On the other hand, <keyword id="311892" type="COMPANY" weightage="20" keywordseo="Shaheed-Sukhdev-College-of-Business-Studies">Shaheed Sukhdev College of Business Studies</keyword> (SCBS), which is ranked as the second best undergraduate b-school in India, bagged 106 offers at an average compensation of over ₹7 lakh. The highest offer stood at ₹18 lakh per annum. The average compensation at other DU colleges fluctuated between ₹6 lakh to ₹10 lakh per annum. While the overall average salaries in India went up by 45% for undergraduate students. This is despite the economic downturn in the country. The growing trend of summer placements The growing trend of summer placements and pre-placement offers too might have had an effect on the increased interest of recruiters. Companies like Deutsche Bank, Citi Bank are also banking on summer placements to assess talent, thereby extending pre-placement offers. At SCBS, Goldman Sachs visited the campus to hire interns for their investment banking division. Students also received PPOs from companies like KPMG, RocSearch and Grofers. See also: <a href="https://www.businessinsider.in/careers/news/fms-delhi-and-mdi-gurgaon-have-seen-placement-offers-as-good-as-those-at-iims/articleshow/74184992.cms">These two B-schools have seen placement offers as good as those at IIMs</a> <a href="https://www.businessinsider.in/careers/news/these-are-the-starting-salaries-offered-to-b-school-students-in-india/articleshow/74168696.cms">These are the starting salaries offered to B-school students in India</a> <a href="https://www.businessinsider.in/careers/news/iift-receives-highest-job-offer-at-75-lakh-thats-higher-than-xlri-fms-and-a-few-iims/articleshow/74219123.cms">IIFT receives highest job offer at ₹75 lakh — that’s higher than XLRI, FMS and a few IIMs</a>

Delhi University students bag job offers that pay as much as ₹31 lakh per annum

<ul><li>India’s first gaming unicorn Dream11 is looking to hire 250 people over the year, while Icertis has 180 positions it's looking to fill. </li><li><keyword id="6354720" type="UNKNOWN" weightage="20" keywordseo="ola">Ola</keyword> has built a virtual internship program to onboard its campus recruitments, while Walmart Labs has promised to hire 2800 people in India. </li><li>The <keyword id="6357342" type="UNKNOWN" weightage="20" keywordseo="Hiring">hiring</keyword> comes in even when major companies and startups are laying off employees.</li></ul>With the coronavirus pandemic, markets across the world have crashed and even the likes of <a href="https://www.businessinsider.in/stock-market/news/when-warren-buffett-feels-fear-global-markets-quake/articleshow/75538855.cms">Warren Buffet </a>are holding on to fear. In India, companies across sectors have been cutting corners and much reluctantly announcing job cuts, pay cuts for hundreds of thousands of employees. But all hope is not gone. Many in India have announced their plans to hire and the tech community is the latest to join in to say they have big plans for the year despite the challenges from the coronavirus pandemic. <div type="Article" hostid="261" msid="75525940" title="Goldman Sachs, Deloitte, EY and other top audit firms hiring this week" mstype="2" mssubtype="0"></div> India’s first gaming unicorn Dream11 is looking to hire 250 people over the year. The parent company Dream Sports has already hired 80 since January 2020 and is employing across brands like Dream11 (over 180 positions), FanCode and DreamX. The majority of the hiring is for technology, design and product teams. Another unicorn Icertis – the contract management startup is looking to hire 180 people over the year. Monish Darda, co-founder &amp; CTO of Icertis, believes that this is the time when companies can sit up and turn things around. “Even if you look in the past, even though the crisis has not been something like Covid19, companies that have been fundamentally strong and have entered the crisis with a lot of dry powder, have done extremely well while coming out of it. We have been fortunate because we raised funds also last year,” Darda told Business Insider. He added that once you have moved past the first few stages of the crisis, you think of how you can be more fundamentally strong in terms of business processes. “For us this is an opportunity to grow and identify which areas of the business are not affected and grow in that direction, so we have positions open across the board,” he said. Virtual internships begin For thousands of graduates of colleges, this was the time to join their campus placement or an internship. While many companies had cancelled offers, some companies are <a href="https://www.businessinsider.in/careers/news/goldman-sachs-reliance-samsung-and-others-onboarding-interns-virtually-during-the-lockdown/articleshow/75526863.cms">now onboarding virtual interns. </a> Walmart Labs, the innovation wing of Walmart, which has announced that it will hire 2800 employees in India has also been actively hiring interns virtually. Indian ride hailing unicorn Ola too has been bringing on board its campus internship recruitments. Ola bets heavy on its internship programs. In fact, one of its most popular features – Ola Auto was actually suggested by an intern. <div type="image" title="Rohit&amp;#39;s session_Intern induction" msid="75551773" hostid="261" caption="&amp;lt;p&amp;gt;Ola&amp;#39;s virtual intern induction session&amp;lt;/p&amp;gt;"></div> “We have virtually onboarded 38 candidates from prestigious MBA schools like IIM Ahmedabad, IIM Bangalore, FMS, XLRI among others as part of our internship program working across verticals like mobility, electric mobility, financial services and international business,” Rohit Munjal. CHRO, Ola told Business Insider. See Also: <a href="https://www.businessinsider.in/business/corporates/news/both-silver-lake-and-mukesh-ambani-hope-that-reliance-jio-will-replicate-alibabas-magic-and-this-time-zuckerberg-will-get-a-chunk/articleshow/75548041.cms">Both Silver Lake and Mukesh Ambani hope that Reliance Jio will replicate Alibaba's magic⁠ — and this time Zuckerberg will get a chunk</a> <a href="https://www.businessinsider.in/business/startups/news/covid-19-threatens-to-kill-co-working-but-the-owners-believe-it-will-only-get-cheaper-and-better/articleshow/75546871.cms">Covid-19 threatens to kill co-working ⁠— but the owners believe it will only get cheaper and better</a>

Hiring now! Walmart, Dream11, Ola and Icertis – and they need both full-time staff as well as interns

<ul><li>This year, companies are adopting digital platforms to facilitate <keyword id="3323268" type="PERSON" weightage="20" keywordseo="Virtual-internships">virtual internships</keyword>, thanks to the <keyword id="8637077" type="UNKNOWN" weightage="20" keywordseo="Coronavirus-lockdown">Coronavirus lockdown</keyword>. </li><li>So far, at least 500 students are set to undergo internships in a remote setup. </li><li>From induction to the real time projects — Reliance Industries (RIL), Samsung, Bharti Airtel, AB InBev, Goldman Sachs and JP Morgan are onboarding interns virtually. </li><li>Starting today, 98 Goldman Sachs interns will start their internship virtually. </li><li>Other companies like Ola AB InBev, Realme PaySa have also hired nearly 100 interns, despite the lockdown. </li></ul>Across industries, recruiters rely on internships heavily to assess potential candidates, to hire for full time roles later on. However, this time around, companies are adopting digital platforms to facilitate internships, thanks to the Coronavirus lockdown. So far, at least 500 graduate students are set to undergo virtual internships — in a remote setup. From induction to real time projects, companies like Reliance Industries (RIL), Samsung, Bharti Airtel, AB InBev, Goldman Sachs and JP Morgan are onboarding interns virtually with its e-mentoring sessions. In fact, a few companies are also enabling virtual company tours via video conferencing to ease the learning process. Shantanu Das, chief HR officer at Amway India told Mint how the company held a ‘virtual walk the floor’ to introduce new interns to the team. Starting today, <a href="https://economictimes.indiatimes.com/news/company/corporate-trends/as-internships-go-virtual-cos-try-to-ensure-bonding-is-real/articleshow/75523425.cms">98 Goldman Sachs interns </a>will start their internship virtually. The company hired over 700 interns in total this year. While JP Morgan has kicked off its summer internship programme with nearly 150 interns. Oyo Rooms also said that it is hosting over 200 interns across roles such as finance, revenue management, operations, sales and more. The interns will be hired for 4-8 weeks for MBA and graduate students. Samsung virtually onboarded 36 interns this academic session from top b-schools. “I would call this batch of interns one of the luckiest because the first lesson that they have been taught is that with technology and innovation, everything is possible. They have joined Samsung in our endeavour to make remote working and social distancing a success,” said Sameer Wadhawan, Head HR at Samsung India. <div type="image" title="Samsung_Ignite" msid="75552304" hostid="261" caption="&amp;lt;p&amp;gt;Samsung&amp;#39;s virtual internship programme&amp;lt;/p&amp;gt;"></div> In a LinkedIn post, RIL said that it is onboarding 84 interns digitally under its 'Virtual Reliance Summer Program'. “From introducing gamified learning for 84 <keyword id="992826" type="PERSON" weightage="20" keywordseo="summer-interns">Summer Interns</keyword> and virtually inducting 130 new hires, to helping over 30,000 colleagues develop the right skills to cope with COVID-19, RIL is helping teams stay right-skilled, motivated and productive,” the <a href="https://www.linkedin.com/posts/reliance_reliance-learningatril-learningasawayoflife-activity-6662227309942181888-jMqE">company said</a>. Meanwhile, telecom operator Bharti Airtel also onboarded 50 summer interns digitally from management colleges like Indian Institutes of Management (IIMs) , Xavier School of Management (XLRI), Faculty of Management Studies (FMS) Delhi, Management Development Institute (MDI) Gurgaon. They will work on real-time industry projects. Samit Deb, CHRO at Airtel<a href="https://telecom.economictimes.indiatimes.com/news/airtel-digitally-onboards-50-summer-interns-from-top-b-schools-amid-nationwide-lockdown/75402451"> told </a>ET that the company is making sure that no processes are delayed. “Right from induction to mentorship to final reviews, the entire program will run virtually,” he added. Other companies like Ola, AB InBev, Realme PaySa have also hired nearly 100 interns, despite the lockdown. "We are planning fun and engaging activities for our interns to come together as a part of Ola’s community. They are part of daily team meetings, informal catch-ups and cross-functional team webinars which maximizes their learning opportunities as well. All the interns are connected across social platforms and some of them have in fact collaborated to perform for all employees at the weekly e-gathering as well," Rohit Munjal, CHRO, Ola told Business Insider. See also: <a href="https://www.businessinsider.in/careers/news/in-a-post-covid-world-the-number-of-freelancers-contractual-workers-will-go-up-says-deloitte/articleshow/75462448.cms">In a post-Covid world, more companies will engage freelancers, says Deloitte</a> <a href="https://www.businessinsider.in/business/corporates/news/one-in-three-indian-companies-have-decided-to-freeze-salaries-a-new-report-shows/articleshow/75528701.cms">One in three Indian companies have decided to freeze salary hikes, a new report shows</a> <a href="https://www.businessinsider.in/careers/news/goldman-sachs-deloitte-ey-and-other-top-audit-firms-hiring-this-week/articleshow/75525940.cms">Goldman Sachs, Deloitte, EY and other top audit firms hiring this week</a>

Goldman Sachs, Reliance, Samsung and others onboarding interns virtually during the lockdown

In India, we have engineers and MBAs in abundance. All thanks to numerous institutes in the country that students get the chance to pursue these professional courses at. 
 
However, all institutes don’t have great placement rates. Students of top institutes prove to be the luckiest. Take for instance the case of MDI, IIFT and other top <a href="http://www.businessinsider.in/searchresult.cms?query=B-schools">B-schools</a>. This year, their students got placed in the first two days of the summer placement session; companies which came in later had to return bare-handed. 
 Kanwal Kapil, Associate Professor &amp; Chairperson- Placements at <keyword id="481185" type="ORGANIZATION" weightage="20" keywordseo="Management-Development-Institute">Management Development Institute</keyword> (MDI), Gurgaon shares, "Companies have been so upbeat on hiring that this was waiting to happen. By noon on the third day, all our students had been placed. For the human resource programme, it was over on the first day itself. We had to send back the companies slotted over the next couple of days.” 
 
Not just at MDI, but other leading business institutes including Indian Institute of Management (IIM) Kozhikode, XLRI Jamshedpur and the Indian Institute of Foreign Trade (IIFT) in Delhi were confident about business prospects. 
 
The sectors taking the lead so far were: investment banks,<a href="http://www.businessinsider.in/searchresult.cms?query=+eCommerce+companies"> eCommerce companies</a> and consumer goods makers, who look forward to an augmentation as India retains its place of world’s fastest growing economy. 
 
This year placements were completed in a record time of 3-7 days. 
 "Most companies across sectors have hiked stipends," shared Rajul Mangal, placement committee member at IIM-Kozhikode. The percentage increase is observed somewhere between 20-50%. <keyword id="63460" type="CITY" weightage="20" keywordseo="JP-Morgan">JP Morgan</keyword> Chase is paying Rs 5 lakh at XLRI Jamshedpur for a two-month internship. 
 Boston Consulting Group and Reckitt Benckiser are paying Rs 3 lakh each at IIM-Kozhikode and MDI Gurgaon. <keyword id="48670" type="CITY" weightage="20" keywordseo="Morgan-Stanley">Morgan Stanley</keyword> is paying Rs 4 lakh at Faculty of Management Studies (FMS) Delhi while at IIFT, average stipends are up by 30% from last year. 
 Sources informed that <keyword id="6361649" type="CITY" weightage="20" keywordseo="Goldman-Sachs">Goldman Sachs</keyword> and American Express have also increased stipends to Rs 2 lakh from Rs 1.5 lakh for two months. Hindustan Coca-Cola Beverages has raised it to Rs 1.5 lakh from Rs 75,000 and Tata Steel to Rs 1 lakh from Rs 50,000. 
 
L'Oreal is paying Rs 1.6 lakh, up from Rs 1.2 lakh, and Arvind Lifestyle is paying Rs 1 lakh versus Rs 70,000 last year. 
 The number of offers too have increased as Microsoft, RPG, American Express, JP Morgan Chase and <keyword id="6357341" type="CITY" weightage="20" keywordseo="Deutsche-Bank">Deutsche Bank</keyword> have all made 60-100% more offers at IIM-Kozhikode than previous year. 
 
With the highest recruit ever, Accenture Strategy hired 12 interns at FMS Delhi. 
 New recruiters on campuses included the Bill and <keyword id="131379" type="PERSON" weightage="20" keywordseo="Melinda-Gates">Melinda Gates</keyword> Foundation, Shell, Ola Cabs and Quikr at XLRI; <keyword id="270433" type="COMPANY" weightage="20" keywordseo="Anheuser-Busch-InBev">Anheuser-Busch InBev</keyword> and Dr Reddy's at FMS Delhi; Edelweiss and Glenmark Pharma at MDI; and Marico and GSK Consumer at IIFT. 
 Surprisingly, IIFT got 12 international offers for internships this year, up from eight last year. International recruiters included the World Trade Organisation (WTO) and the Organisation for Economic Co-operation and Development (<keyword id="6356984" type="ORGANIZATION" weightage="20" keywordseo="OECD">OECD</keyword>). 
Image: thinkstock

Here’s where top management schools are sending their students this year

India has thousands of institutes that offer <a href="http://www.businessinsider.in/searchresult.cms?query=management+degrees&amp;sortorder=effectivedate">management degrees</a>. Few among this bunch offer quality faculty, and are worth your money. 
 
Given that a lot of schools make tall claims, it’s becoming increasingly difficult to make the right decision about what is a 'top B-School'. 
 
You need information on several parameters before you can come to a conclusion about the right MBA School. Here is a list of India's top <a href="http://www.businessinsider.in/searchresult.cms?query=B-Schools&amp;sortorder=effectivedate">B-Schools</a> that will help you make the right decision this admission season. 
 
<a href="http://www.iimahd.ernet.in/">Indian Institute of Management Ahmedabad (IIMA)</a> 
 
<a href="https://insideiima.files.wordpress.com/2013/06/a-120.jpg">Image Source</a> 
Indian Institute of Management Ahemedabad has consistently been ranked as the number one management school in the country year after year in the last several years. 
 
IIMA stands at 56 among the top 100 international B-schools in the world that offer full time MBA. It’s two-year post graduate programme in management (PGP) is among the top ten programmes in the category of Masters Programmes in Management that do not require work experience as pre-requisite for admission. 
 
Its one-year post graduate programme in management for executives (PGPX) is also among the top <a href="http://www.businessinsider.in/searchresult.cms?query=MBA&amp;sortorder=effectivedate">MBA</a> programmes globally. 
 
<a href="http://www.iimcal.ac.in/">Indian Institute of Management Calcutta (IIMC)</a> 
 
<a href="https://upload.wikimedia.org/wikipedia/commons/0/08/IIMKolkata.jpg">Image Source</a> 
The Indian Institute of Management Calcutta (IIMC) was established as the first national institute for Post-Graduate studies and Research in Management by the <a href="http://www.businessinsider.in/searchresult.cms?query=Government+of+India&amp;sortorder=effectivedate">Government of India</a> in November 1961 in collaboration with Alfred P. Sloan School of Management (<keyword id="54274" type="ORGANIZATION" weightage="80" keywordseo="MIT">MIT</keyword>), the Government of West Bengal, The Ford Foundation and Indian industry. 
 
Over the years, IIMC has grown into a mature institution with global reputation, imparting high quality management education. Its well known for placing students in consulting and finance roles. 
 
<a href="http://www.xlri.ac.in/">XLRI Xavier Institute of Management, Jamshedpur</a> 
 
<a href="http://www.kampuzz.com/images/college_images/KP5556895e9623c.jpg">Image Source</a> 
XLRI – Xavier School of Management is a management school based in Jamshedpur, Jharkhand. Established in 1949 as the Xavier Labor Relations Institute, XLRI is acknowledged as India’s oldest business management school. 
 
The Jesuit managed school’s main programs include a full-time 2-year post graduate program in Business Management, Personnel Management &amp; Industrial Relations (re-christened as Human Resources Management in 2011) and Global MBA, 15 months full-time General Management program (PGDM-GM), doctoral fellow programs (FPM) and many executive education programs. 
 
<a href="http://www.fms.edu/">Faculty of Management Studies (FMS), Delhi</a> 
 
<a href="https://upload.wikimedia.org/wikipedia/commons/2/20/FMS-_The_Red_Building_of_Dreams.JPG">Image Source</a> 
Faculty of Management Studies (aka FMS Delhi), established in 1954 under the University of Delhi. It offers management education to the professional managers as part-time and full-time MBA programmes. It is one of the oldest business schools in India which started offering a Full Time MBA programme. 
 
FMS is known for its academic programmes, training programmes, research and consultancy, but its primary aim is long-term academic programme leading to a Degree Certification. 
 
Currently, FMS conducts the following long-term programmes: 
 
· MBA (Full Time) 
· MBA(Executive) 
· MBA(Executive)Health Care Administration 
· Doctoral Programmes 
· Bachelor of Management Studies 
 
In addition to all these programmes, FMS also regularly conducts Management Development Programmes. 
 
<a href="http://www.iimk.ac.in/">Indian Institute of Management Kozhikode (IIMK)</a> 
 
<a href="https://upload.wikimedia.org/wikipedia/commons/3/33/IIM_Kozhikode_Aerial_View_s.jpg">Image Source</a> The Indian Institute of Management Kozhikode is one of the 13 Indian <keyword id="541056" type="ORGANIZATION" weightage="60" keywordseo="Institutes-of-Management">Institutes of Management</keyword> set up by the Government of India. The Institute, founded in 1996 in collaboration with the State Government of Kerala, was the 5th IIM to be established. 
 
IIMK offers following academic programs: 
 
· Post Graduate Programme in Management 
· Fellow Programme in Management 
· Executive Post Graduate Programme 
· Social Development Initiatives 
· International Exchange 
 
<a href="http://www.iimidr.ac.in/">Indian Institute of Management Indore (IIMI)</a> 
 
<a href="http://www.campusoption.com/images/colleges/gallery/25_05_16_081721_-IIM-Indore.jpg">Image Source</a> The Indian Institute of Management Indore is an autonomous public <keyword id="107736" type="ORGANIZATION" weightage="60" keywordseo="Business-school">business school</keyword> located in Indore, Madhya Pradesh. IIM Indore is the sixth of the prestigious Indian Institute of Management (IIM) chain of management schools. 
 
IIMI offers following academic programs: 
 
· Integrated Programme in Management (IPM) 
· Post Graduate Programme in Management (PGP) 
· Executive Post-Graduate Programme in Management (EPGP) 
· Post Graduate Programme in Management for Executives (PGPMX) 
· Fellow Programme in Management (FPM) 
 
<a href="http://www.spjimr.org/">S. P. Jain Institute of Management &amp; Research (SPJIMR), Mumbai</a> 
 
<a href="http://www.crackmymba.com/wp-content/uploads/2015/06/SP-Jain-Mumbai.jpg">Image Source</a> 
S.P. Jain Institute of Management and Research (SPJIMR) is a part of Bharatiya Vidya Bhavan. It is recognized as one of the premier business schools of India. The Institute grew rapidly in eminence from one of the three B-schools in Mumbai in 1981 to one of the top ten B-schools in the country by 1994-1995. 
 
S.P. Jain offers following academic programs: 
 
· Post Graduate Diploma in Management 
· Post Graduate Programme in Management · <keyword id="740123" type="UNKNOWN" weightage="40" keywordseo="executive-management-programme">Executive Management Programme</keyword> 
· Family Managed Business programme 
 
<a href="http://www.mdi.ac.in/">Management Development Institute (MDI), Gurgaon</a> 
 
<a href="http://getmyuni.azureedge.net/college-image/big/management-development-institute-mdi-gurgaon.jpg">Image Source</a> <keyword id="481185" type="ORGANIZATION" weightage="60" keywordseo="Management-Development-Institute">Management Development Institute</keyword> (MDI) is one of the premier business schools in India. It was established in 1973 and is located in Gurgaon, a commercial hub near New Delhi, India. 
 
MDI offers following academic programs: 
 
· Post Graduate Programme in Management (PGPM) 
· Post Graduate Programme – Human Resource Management (PGP-HRM) 
· Post Graduate Programme in International Management (PGPIM) 
· National Management Programme (NMP) 
· Post Graduate Diploma in Public Policy and Management 
· Fellow Programme in Management 
· Executive Fellow Programme in Management 
· Part Time Post Graduate Programme in Management (PT-PGPM) 
 
<a href="http://www.iift.edu/new/">Indian Institute of Foreign Trade (IIFT), New Delhi</a> 
 
<a href="http://fi.ge.pgstatic.net/colleges/gallery/processed/1430076655.3c6274feea944a8ca15826ebec3edf93.jpg">Image Source</a> 
The Indian Institute of Foreign Trade (IIFT) is an autonomous public business school established in 1963 by the Government of India to help professionalize the country’s foreign trade management and increase exports. 
 
Its flagship program is the Master of Business Administration in International Business (MBA-IB). It is the only institute among the top-10 business schools of India that offers this program. 
 
Apart from the MBA(IB) Course, IIFT provides various Management Development Programs, Executive Programs and Certificate Programs catering to the requirements of aspiring International Business executives and mid-career professionals alike. 
 
<a href="http://www.imi.edu/">International Management Institute (IMI), New Delhi</a> 
 
<a href="http://getmyuni.azureedge.net/college-image/big/international-management-institute-imi-new-delhi.jpg">Image Source</a> 
International Management Institute, New Delhi, popularly known as IMI New Delhi is a Private Business School located in New Delhi, India. Established in the year 1981, IMI New Delhi was India’s first corporate sponsored business school. 
 
IMI offers following academic programs: 
 
· Post Graduate Diploma in Management (PGDM) 
· Post-Graduate Diploma in Management – Human Resources (PGDHRM) 
· Post Graduate Diploma in Management – Banking and Financial Services (PGDM – B&amp;FS) 
· Executive Post Graduate Diploma in Management (EXPGDM) 
· Fellow Program in Management (FPM) 
 
<a href="http://www.iimahd.ernet.in/assets/templates/mytemplates/iima/images/gallery/VikramSarabhaiLibrary1.JPG">Image Source</a>

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