TISS’ HRM & LR batch witnesses 100% placement, highest CTC of Rs 42.09 lakhs

Tata Institute of Social Sciences (TISS) Mumbai successfully completed its final placement process in January 2022, for its human resources management (HRM) and labour relations (LR) batch of 2020-22, with 100 per cent of the students being placed. Out of the 65-strong batch (of which 17 were women), 55 students received a package of Rs. 20 Lakhs and above. That is not all. A good 50 per cent of the batch received pre-placement offers (PPOs).

The highest CTC stood at Rs. 42.09 Lakhs, witnessing an increase of 43.55 per cent, over the previous year. The average CTC of the top 10 and top 25 per cent was Rs. 37.22 lakhs and Rs 32.21 lakhs, respectively.

The most popular domains for the students were consulting, FMCG/FMCD, conglomerates and engineering/technology in that order.

The mean CTC stood at Rs. 23.97 lakhs and the median CTC was Rs 22.50 lakhs, registering an increase of 22.17 and 19.11 per cent, respectively, compared to last year.

The placement drive witnessed participation by big names such as Deloitte India, Flipkart, Marico, TCS, RPG, Nestle, HUL, Aditya Birla Group, Dell, Citi, Asian Paints, TAS and ITC among others.

Among the first-time participants were Accenture Strategy, BrowserStack, Chargebee, Power Finance Corporation and Providence.

Maximum number of offers were made by the Aditya Birla Group, followed by Accenture Strategy, Flipkart, Infosys Consulting, Power Finance Corporation and Samsung R&D. Among the other participants, there were some companies such as EY, GAIL and HDFC Bank that had returned to participate after a hiatus.

Maximum companies participated from the FMCG/FMCD space (16 per cent), followed by consulting (14 per cent), engineering & technology, IT/ITES and conglomerates (12 per cent each), healthcare & pharmaceuticals (9 per cent), and services, PSU, manufacturing, BFSI and e-commerce (5 per cent each)