Students from Masters’ Union School of Business in Gurugram, Haryana have bagged placements worth an average of Rs 29.12 lakh, touted the highest package among all Indian business schools, including the Indian Institutes ofManagement (IIMs) and the Indian School of Business (ISB).
The first cohort of the institute’s flagship 16-month-long Post Graduation Programme in Technology and Business Management (PGP-TBM) went through their placement programme recently. The placements were audited by Brickworks Analytics, a rating and auditing agency that audits the placement reports of the leading IIMs as well.
Masters’ Union School of Business director Pratham Mittal said, “Masters’ Union is unique in many ways, including how its curriculum blends business education and technology; and how each of our students are mentored by a veteran industry leader or a seasoned public leader. We are very excited to announce the placement of our first cohort. Our package is the highest among all B-schools, which validates the practitioner-led model we follow. Our students have been selected at some of the coveted institutions, many of which only hire from select IIMs.”
The top 10% of the batch has managed to get packages worth Rs 43.66 lakh; the top 50% got Rs 36.12 lakh packages; and even the bottom 10% have landed a package upwards of Rs 19 lakh. The average package for freshers also stands at Rs 23 lakh.
Some of the biggest recruiters included BCG, Bain & Company, tech majors Microsoft, Virtusa and CISCO, and several Indian startups including Razorpay and Unacademy.
Consulting companies like BCG, Bain, Ernst & Young and others have hired around 13.28% of the cohort. Given the thrust on technology at Masters’ Union, Product and Programme Management roles were much in demand, with more than one-third of the batch bagging such roles.
A remarkable 12% of students secured new economic roles of Chief of Staff or Executive in Residence, getting the unique opportunity to work with founders in leading startups like Neemans, Sequoia funded OneCode, AgNext and more, straight out of campus.
Business schools like Masters’ Union are rethinking elements like periodicity of curriculum, and inculcating practical and hands-on learning to expose students to real-world business problems.
This approach will help cater to the needs of new-age industries like Fintech, e-Commerce and Edtech, and for competitive advantage in traditional businesses with applications of artificial intelligence (AI), machine learning (ML), Software as a Service (SaaS) and Blockchain among others.