Home Newsroom TISS HRM & LR Final Placements 2023: FMCG/FMCD Ropes In Max Students, Highest CTC INR 49 LPA!

TISS HRM & LR Final Placements 2023: FMCG/FMCD Ropes In Max Students, Highest CTC INR 49 LPA!

Asia's oldest institute for professional social work education, Tata Institute of Social Sciences (TISS) recently completed the final placement process for its M.A. in Human Resource Management & Labour Relations (HRM & LR) batch of 2021-23. The placement process was successfully completed with 100% of the participating cohort placed with the highest-ever numbers in the history of HRM & LR, TISS Mumbai. 

Below is a quick round-up of the phenomenal placement season. 

Also Read: TISS HRM & LR Summer Placements 2022 Overview

TISS HRM & LR Final Placements 2023: Highlights

Breaking all records, the highest CTC for the HRM & LR batch of 2021-23 stood at INR 49 LPA - an increase of 16.42%, over the previous year. Out of 66 students participating in the placements, 27 students received Pre-Placement offers (PPOs).

The average CTC of the top 10% and top 25% was INR 39.29 LPA and INR 35.45 LPA respectively. The mean CTC stood at INR 27.22 LPA while the median CTC was INR 25.75 LPA registering an increase of 13.56% and 14.44% respectively, over the previous year. 64 out of the participating cohort of 66 students received a package of INR 20 LPA and above.

The process witnessed the participation of regular recruiters like Accenture, Accenture Strategy, Aditya Birla Group, Asian Paints, Deloitte India, Flipkart, HUL, ITC, Korn Ferry, Marico, Nestle, TAS, etc. 

Deloitte India rolled out the highest number of offers followed by Asian Paints, ITC, and Kotak Mahindra. First-time recruiters included Google, IDFC First Bank, PI Industries, Pine Labs, ReNew Power, and UPL. Companies such as Kotak Mahindra, L’Oréal, Shell, Sterlite Power, and Texas Instruments were back on campus after a hiatus. 

The maximum number of candidates will be joining in the domain of FMCG/FMCD, followed by Consulting, Conglomerates, and Engineering/Technology.

TISS HRM & LR Final Placements 2023 at a glance

Number of Students Participating

66

Number of Women Participating

23

Number of offers in the HR Domain

66

Number of companies making offers

42

Number of first-time recruiters

6

Average CTC

INR 27,22,000

Median CTC

INR 25,75,000

Highest CTC

INR 49,00,000

List of recruiters and their sectors

Sector

Organization

BFSI

IDFC FIRST Bank, Kotak Mahindra Bank

CONGLOMERATE

Adani Group, Aditya Birla Group, JSW, Mahindra Group, Reliance, TAS

CONSULTING

Accenture Strategy, Deloitte India, Korn Ferry

ENGINEERING & TECHNOLOGY

Google, Pine Labs, ReNew Power, Samsung India, Sterlite Power, Samsung R&D, Texas Instruments

E-COMMERCE

Amazon, Flipkart

FMCG/FMCD

Asian Paints, Colgate Palmolive, General Mills, HUL, ITC, L’Oreal, Marico, Nestle, P&G, Pernod Ricard, United Breweries

IT/ITES

Accenture

HEALTHCARE & PHARMACEUTICAL

Dr. Reddy’s Laboratories, Sun Pharma

MANUFACTURING

Bajaj Auto, Shell, PI Industries, Tata Steel, UPL, Varroc

PSUs

GAIL, PFC

About the programme

The Master of Arts in Human Resource Management & Labour Relations (HRM & LR) programme at TISS is designed to develop students into professionally competent and socially sensitive management graduates, fully equipped to take on the challenges of the corporate world. The programme explores the critical areas of contemporary human resources management, in conjunction with a comprehensive knowledge and understanding of the key functions of management and business.

The broad objectives of this M.A. programme are to sensitize students to the social, political, economic, and ecological environments of the society; to enable students to become effective business leaders and decision-makers to contribute to organizational effectiveness; to facilitate the use of systems thinking among the students to evolve possibilities while addressing various personal and organizational challenges; to develop a global perspective among students to respond to global challenges; and to impart values of intellectual honesty, justice, and fairness.

With back-to-back remarkable placement seasons, TISS Mumbai is setting new benchmarks every year. We wish the students of the M.A. Human Resources Management & Labor Relations batch of 2021-23 the best in their professional endeavors. 

Take a look at other institutes' remarkable placement seasons:

  1. IIM Udaipur Placements 2023: Average CTC Up By 14%, Top Offer INR 36 LPA
  2. FMS Delhi Final Placement Report 2023: Highest CTC At INR 1.23 Cr!
  3. SRCC Placement Report 2023: First Phase Highest Package At INR 35 LPA!
  4. IIT Roorkee MBA Placement Report 2023: 100% Placement, Highest CTC INR 27.94 LPA
Shreeya Thakur
Sr. Associate Content Writer at Unstop

I am a biotechnologist-turned-content writer and try to add an element of science in my writings wherever possible. Apart from writing, I like to cook, read and travel.

TAGS
TISS Mumbai
Updated On: 23 Mar'23, 09:11 AM IST