Together we create infinity
All doubts on a B-school being part of a Technology Institute were well on their way out of the window on 14th October 2008, as MIT Sloan's Paul Krugman, walked towards the podium to receive the Nobel prize for Economics. Another testament to this trend is the lofty growth trajectory of the Department of Management Studies IIT Delhi. Armed with brand IIT, a profound base of intellectual capital and a globally unmatched infrastructure, DMS has carved a formidable niche for itself.
The compelling evidence of the vast swathe of top quality management research that DMS has churned over the years is a testament to the pioneering scholastic excellence of DMS and indicates its rise as a hub of emerging management trends globally. Its pivotal contributions to the industry and the recurring faith of our recruiters is an earnest attestation to the DMS journey, a voyage which aspires to challenge existing dogmas, create trailblazing insights, reshape management thought and most importantly actualize ideas: an endless pursuit of perfection to infinity and beyond.
Post Graduate Management education began in IIT Delhi in 1976 with Professor Sudhir Kakar as first Co-ordinator of the PG program in what was then the 'School of System and Management Studies. Through gradual process of evolution, when Professor Vinayshil Gautam was the Head in 1993, it acquired the statutory status of 'Department Management Studies' under the I.I.T. Delhi Act.
Located within the lush environs of IIT Delhi, Department of Management Studies (DMS) is the result of an evolutionary process which led to establishment of the department in 1993, with the program being formally anointed MBA in 1997. In its 34 years of management education Department of Management Studies has emerged as a touchstone of techno-managerial expertise. DMS academia boasts of past masters who have helped script Indian management thought. DMS distinguishes itself by its seminal work in critical domain areas on current and emerging management issues our department strives in. DMS pedagogy stresses on the research methodology along with hands-on industry experience to internalize management paradigms. Being part of IIT-Delhi family, gives DMSites access to synergies and opportunities which produce an unmatched learning environment.
The students in two-year full time MBA programme are admitted through a rigorous screening process under Joint Management Entrance Test (JMET). Out of almost 70,000 students appearing for the rigorous 3 hour test, only the top 500 rankers are called for the group discussion and interview phase where they face panels of our eminent faculty, several amongst whom have served as the chairpersons of selection boards for top echelons of the government and corporates. The final selection, which leaves 100 odd candidates, is at a selection ratio of almost 1000 to 1, one of the most grueling across b-schools globally.
PLACEMENT REPORT 2011
No: of students: 52
No: of students registered: 49
Offers per student: 1.83
45 Companies participated
Recruiters included the likes of P&G, American Express, Deloitte, KPMG, Accenture, GE, Nomura & Citibank.
lew of exciting profiles offered including Investment Banking, Risk Management, Treasury, Plant Manager, Strategic Consulting and Market Research.
HIGHEST SALARY 25 LAKHS (INR)
AVERAGE SALARY 14.78 LAKHS (INR)
MEDIAN SLARY 13.00 LAKHS (INR)
The Campus Placements 2011 are a clear testimony to DMS, IIT Delhi’s growing stature as a B School of repute and choice among recruiters. The placements of the 2009-11 batch spanned a period of 2 weeks in December. With 24% increase in the average salary of the batch, this year’s placements were undoubtedly better than ever before. This year DMS also saw greater corporate participation with a significant increase in the number of ‘Winter Internships’ and ‘Live Projects’ offered, Guest Lectures, Workshops and Conferences conducted and B-plan competitions organized. The increase in the number of companies visiting the campus, both for recruitment and industry interaction, and the increased diversity in the profiles offered are a feather in the cap of a highly satisfying placement season.
FINAL RECRUITMENT FOR BATCH OF 2009-11
Top-notch recruiters from various sectors offered coveted and niche profiles to DMS students. Profiles offered were spread across Manufacturing, Supply Chain Management, Pre-Sales, Sales, Marketing, General Management, Banking and Finance, IT Operations, Consulting, HR and Leadership roles. At DMS the preference of the batch is taken into account before inviting and scheduling companies for final placements and hence the placement trends differ year on year. The case was same this year too.Pre-placement offersWell before the placement season even began, an impressive 18% of the batch had managed PPOs from top-notch companies in dream profiles. It’s famously said that well begun is half done, and in keeping with the tradition of DMS, we actually began well!
Banking and FinanceThe gamut of profiles offered in this sector attracted a significant proportion of the students. Investment Banking, Treasury, Mergers & Acquisitions, Risk Management and Project Finance profiles were offered by companies of national and international repute. While GE offered its Global Financial Management Leadership profile, American Express and Nomura reaffirmed their faith in DMS with substantial intakes. PTC India Ltd., SBI and SKS Microfinance were also among those who offered finance profiles while Yes Bank, Kotak Mahindra and ICICI Bank had PPIs on offer for diverse banking profiles.
Consulting and ITConsulting emerged as the most preferred sector with nearly one-fourth of the batch choosing to make a career in this domain. A host of new recruiters along with our existing recruiters offered some of the most coveted profiles. Diverse roles in Supply Chain Consulting, IT, Technology Consulting and Risk Advisory were on offer. Some of the companies from this domain that recruited from the campus are Deloitte, KPMG, Accenture to name a few. Wipro and Infosys also chose to make a significant number of offers in this domain.
General Management and HRLike in the past, this year too General Management and Leadership roles were offered by companies across various industry verticals. GE offered its most sought after IMLP profile. Welspun recruited in the campus for the first time offering diverse roles across different businesses. General Management and HR roles were also offered by PSUs. BHEL and Cognizant also had general management and HR roles on offer for DMS.
OperationsContinuing with the tradition this year’s placements saw a slew of profiles being offered by globally renowned corporations. Profiles offered included Manufacturing, Plant Management, Supply Chain Management and Quality Management.While BASF recruited from DMS for the first time ever for its highly coveted Global Supply Chain Management profile, P&G reaffirmed its faith in DMS by making the highest number of job offers in this vertical. Mitsui, Titan and DSCL were among the other renowned names to have made offers in the Operations vertical.
Sales & MarketingNiche roles in Pre-Sales, Sales & Marketing and New Product Development were on offer from some of the top global and Indian brands. Panasonic and Tata Motors offered Sales & Marketing roles while Idea Cellular and Hindustan Coca Cola Beverages Pvt. Ltd. offered coveted profiles.
NOTE:The placements for the batch of 2009-11 only confirmed the ever growing strength of brand DMS. Like every year, students are leaving the campus with an extremely bright and promising future to look forward to. The companies were, as always, highly satisfied with the quality of students at DMS. As has been said, many reputed companies have started taking a very active interest in the institute assuring the students here of steadily growing opportunities.
HR SPEAK:“We find the students of DMS, IIT Delhi very impressive. What we look for in our organization is a combination of management skills, presentability, and communication skills. The students here embody all these qualities”Vinay Tiwari, Campus Relations Manager, Citigroup
Highlights of Final Placement for the batch of 2010
· 42 Companies participated
· 81 offers were made to 61 students
· Recruiters included the likes of P&G, American Express, JP Morgan Chase, Marico, GE, PwC, Reckitt Benckiser & Citibank.
· Slew of exciting profiles including Investment Banking, Risk Management, Treasury, Plant Manager, Strategic Consulting and Market Research.
HIGHEST SALARY: 18.2 LAKHS (INR)
AVERAGE SALARY: 11.86 LAKHS (INR)
AVERAGE SALARY (LATERALS): 12.14 LAKHS (INR)
Highlights of Summer Placement for the batch of 2011
· 32 Companies participated
· 60 offers were made to 52 students
· Recruiters included the likes of P&G, American Express, GE, Reckitt Benckiser, Citibank, E&Y, Mitsui, HIT Labs
· Slew of exciting profiles including Investment Banking, Risk Management, Treasury, Strategic Consulting and Market Research.
HIGHEST STIPEND: 5,000 US $ (International)
HIGHEST STIPEND: 70,000 (INR) (Domestic)
AVERAGE STIPEND: 48,500 (INR)
Recruiters @ Placement ‘10Industry heavy weights from sectors across the spectrum: Consulting, Banking, Analytics, Technology, Telecom, Infrastructure, FMCG and Retail continued their partnership with DMS. Amongst our major recruiters were Investment Banks such as Nomura, SBI Caps and JP Morgan Chase; top notch financial recruiters such as American Express, PricewaterhouseCoopers and Citibank; leading FMCG companies like Procter & Gamble,Reckitt Benckiser, Hindustan Coca Cola Beverages Private Limited, Marico and Johnson & Johnson; and industry conglomerates including RPG, General Electric (GE) amongst many others. Aspirants in the consultancy domain saw a slew of offerings from prime firms such as Deloitte Consulting, Infosys, Market Rx and IBM et al. In addition, the process saw several PSUs/PSBs such as SBI, BHEL, Shipping Corporation of India, Bank of India offering distinguished profiles. The placements week was preceded by laterals which saw 21 students being offered covetedprofiles. Also worth noting is the fact that almost a quarter of the batch received PPO/PPIs in prominent firms.PROFILES ON OFFERIt was placements galore for DMS as students across verticals received offers from several of the country’s best recruiters. Our students have always being highly selective about work profile, which helps them sculpt the trailblazing career paths that DMS alumni have been famous for. This thirst for new challenges was more than quenched with our recruiters offering the very best of corporate profiles.BANKING & FINANCEThe finance sector witnessed a star studded placement season this year with major Investment banking, Commercial Banking, Asset management and Retail banking firms flocking to DMS. Highly coveted profiles were offered including Investment Banking, Treasury, Project Financing, Equity Research, Merger & Acquisition, Risk Management, Strategic Consulting, Capital Markets and Credit Rating. American Express, Citibank reaffirmed their strong relationship with our college with substantial intakes. First time recruiters Nomura and JP Morgan Chase recruited students offering their very best profiles. Vista Soft, SBI Caps, eClerx, Irevna, Synergy Consulting, BHEL, State Bank of India, Central Bank of India and Bank of India also offered several exciting profiles to our students. Fin-wizards from DMS thus had a field day, establishing the caliber and distinction that our students have come to be associated with.OPERATIONSReiterating its position as one of the country’s foremost in operations vertical, DMS students were once again offered the country’s best profiles in the operations domain including Supply Chain Management, Logistics Management, Quality Management, Plant Management and Procurement anagement. Procter & Gamble led the placements in this vertical with DMS witnessing the highest intake across all B-school campuses in the country, a fact that asserts our edge. Reckitt Benckiser, Johnson & Johnson, Marico, RPG and Shipping Corporation of India also expressed deep interest in our college by recruiting students for exciting profiles. Bristlecone made its placement début at DMS this season.MARKETING & SALESAvid aspiring marketers from DMS were enthused by the plethora of Mega brands which came to handpick the best of our marketing talent. A testimony to DMS excellence, Marketing and sales vertical saw industry bests such as Hindustan Coca Cola Beverages Private Limited, RPG, Market Rx, and Berger Paints offering key profiles. Other diverse roles included those offered by LG, Idea, and BHEL. The cherry on the cake were myriad profiles on offer such as Market Research, Strategic Marketing, New Product Development, Advisory and Strategic Brand Management.CONSULTING & ITDeloitte consulting and PricewaterhouseCoopers led the charge of consulting majors hiring from DMS. In sync with the tech savvy backgroundthat our budding managers possess, tech majors such as IBM, Infosys, Genpact, Wipro marked a strong presence as part of the placement process.The prime differentiator was the uniqueness of profiles being offered such as Strategic consulting and Infrastructure Consulting along with other prime offerings including Domain Consulting, SAP Consulting.GENERAL MANAGEMENT & HRAspirants in General Management domain saw stellar opportunities in the form of highly coveted Global Leadership profiles being offered by renowned firms such as GE, Tech Mahindra and Virtusa. HR aspirants were offered challenging roles such as Change Management in leading PSUs SBI and BHEL.ENDNOTEThe placements season ended on an exultant note with the promise of persistent and flourishing corporate relations in the years to come. Years ofhard work and toil have given way to high flying jobs and the opportunity to make a difference. This is a testimony to Brand DMS, the fastest growing Bschool of India, a touchstone of management proficiency.
Indian Institute of Technology offers students the benefit of a thriving educational environment set in the heart of a lively metropolitan city. Situated at Hauz Khas in South Delhi on the outer ring road, the campus extends to an area of 320 acres. With many topographical features, imaginatively laid out with picturesque landscape, numerous buildings of various nature and stature, and clean and wide roads, the campus presents a spectacle of harmony in architecture and natural beauty.
The facilities available on the campus include fully air-conditioned Wi-Fi enabled classrooms with modern audio-visual aids, conference halls for round-table conferences, an auditorium of 200 seating capacity, Acer Competency Center, Management Laboratory, Enterprise Applications Lab, Ecommerce Lab, Sun E-Governance Lab and Strategy and Competitiveness Lab. The department uses many specialized management aiding software like SAS, SPSS, I Think Systems Dynamics Simulator, Hummingbird's Knowledge Management Suite, Baan, Oracle Suite, Delphi, Expert Choice etc. Besides the students have access to the CMIE database and the Internet over a 2Mbps direct line.
The Central Library with books and journals on all disciplines is one of the largest of its kind. The Departmental Library has an extensive collection of books, working papers, audiovisual resources, annual reports, and bound volumes of periodicals and literature related to the management sciences which makes it a learner's paradise. The library has subscribed to leading management journals like Harvard Business Review, California Management Review and Sloan Management Review to help students identify and understand significant trends in management. The e-resources include INDEST, EBSCO, ACM Digital Library, Capitaline, Sage Management Journals, ISI Emerging Markets, Euromonitor (GMID), Emerald, IEEE, Springer Link and ABI/Inform. These resources are accessible throughout the campus.
There are 9 boys' hostels and 3 girls' hostels. Each hostel is self-contained with amenities such as a reading room, and indoor games room, a lounge and a dining hall with mess, a computer room and TV in common room. All rooms are provided with internet facilities.
Department of Management Studies
Indian Institute of Technology Delhi
Shaheed Jeet Singh Marg,
New Delhi - 110 001
Tel.: 91-11-26591171, Fax: 91-11-26862620
E-mail: [email protected][email protected]
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