Post Graduate Program in
Technology & Business
Management
A U D I T E D P L A C E M E N T R E P O R T | C O H O R T O F 2 0 2 1
S C H O O L O F B U S I N E S S
External Audit Notes
1. This placement report has been verified & audited by Brickworks India,
an auditor for IIM’s placement reports as well. The audited report for
Masters’ Union may be accessed below:
[Link]/brickworks_audited_placement_report.pdf
₹29.12 L Average Domestic CTC
₹29.5 L Median CTC
Placement
₹45 L
Statistics
Highest Domestic CTC
Highlights we are most proud of!
45 Total Participating Recruiters
7% % of Cohort Raising VC Funds
Cohort of 2021 | Profile
Avg. Work Ex: ~3 Years | % Freshers: 16% | % Engg. Graduates: ~31%
Masters’ Union (‘21) IIM A (‘20) IIM B (‘21)
₹ 29.12 Lakhs ₹ 26.12 Lakhs ₹ 28.98 Lakhs
Avg. CTC of
Tier 1 B-Schools
IIM C (‘21) ISB (‘21) FMS Delhi (‘21)
For reference, CTC packages of IIMs, ISB and
FMS is shared. Data sourced from placement
₹ 28.49 Lakhs ₹ 28.29 Lakhs ₹ 26.20 Lakhs
reports of 2021 batches (except for IIM-A,
where 2021 report is not yet released)
Segment
Wise Average
Top 10% Top 25% Top 50%
₹ 43.66 Lakhs ₹ 41.14 Lakhs ₹ 36.12 Lakhs
CTCs
e.g. “Top 10%” refers to the top 10% of the CTC
packages accepted by students
Middle 80% Bottom 25% Freshers Only
₹ 28.76 Lakhs ₹ 19.38 Lakhs ₹ 23.20 Lakhs
Average Base Salary:
77.92% of CTC =
₹22.69 L
CTC
Components
For complete disclosure, it is imperative to
showcase how packages are structured
between in-hand cash components and stock
options (vesting in Year 1 only).
Average Variable, Joining Bonus,
Other Cash Components:
11.95% of CTC = Average Stock Units: (Vesting in Year 1)
₹3.48 L 10.13% of CTC =
₹2.94 L
20%
18%
16%
Package
Percentage of Students
14%
12%
Range
10%
8%
6%
CTC Distribution for Cohort of 2021 4%
2%
0
15-18L 18-21L 21-24L 24-27L 27-30L 30-33L 33-36L 36-39L 39L+
Range of Average CTC
Domain-Wise
Profile Major Recruiters Percentage of Offers Average CTC
Recruiters & Offers
Consulting Mckinsey, BCG, Bain, EY,
13.28% ₹30.72 L
Thoucentric
Large Tech Microsoft, CISCO, Virtusa,
9.77% ₹35.21 L
Cognizant
Edtech Unacademy, Skill-Lync,
11.53% ₹29.00 L
YourStory
Finance Citibank, HSBC, CRISIL
18.54% ₹24.39 L
Fintech Razorpay, Juspay, Ziploan,
25.56% ₹24.78 L
Niyo, Jodopay, Intellect
GlobalBees, Better, Neemans
D2C
6.26% ₹29.33 L
Platforms LocoNav, OneCode,
11.53% ₹26.63 L
ZoomCar, Cogoport
Role-Wise
Domains Main Recruiters Percentage of Offers Average CTC
Recruiters & Offers Chief of Staff / Entrepreneur
in Residence
Neemans, Onecode, Jodopay,
AgNext
12.28% ₹33.14 L
Consulting Mckinsey, BCG, Bain, EY
12.28% ₹27.72 L
Product Management Cisco, Microsoft, Cogoport,
Razorpay, ZoomCar,
15.79% ₹24.82 L
Thoucentric, YourStory,
OneCode, Skill-Lync, Ziploan
Strategy / Program /
Category Management
Razorpay, Unacademy,
Cognizant, Better, Ziploan,
21.05% ₹29.57 L
Juspay, GlobalBees, LocoNav,
Absolute Foods
Data Science Better
3.51% ₹35.36 L
Sales and Marketing Virtusa, Niyo, GlobalBees,
Razorpay
17.54% ₹29.80 L
Finance Crisil, CitiBank, Microsoft,
Intellect
17.54% ₹28.68 L
Select Career Transitions
From To From T o
Fresher (St. Stephen’s College) Chief of Staff, Jodopay Strategist, Fountainhead Senior Brand Manager, Niyo
Apprentice Leader, Mu Sigma Product Manager, Microsoft Tax Associate, ClearTax Senior Manager, Co-lending, Ziploan
Due Diligence, KPMG Product Manager, OneCode Assistant Manager, BDO India Financial Planning, CitiBank
Credit Analyst, IndusInd Bank Founder’s Office, AgNext Merchandising, John Distilleries Senior Category Manager, Unacademy
Business Analyst, Acidaes Product Manager, Razorpay Marine Engg., Pacific Lines Consultant, EY
Program Manager, Infibeam Founder, Bullspree (VC Funded) Family Business, Asian Brush Company Growth, GlobalBees
Apprentice Leader, Mu Sigma Senior Associate, BCG BI Manager, [Link] Finance Manager, Microsoft
Consultant, Qral Group Consultant, Bain & Co. Tech, Aurigo Software Product Manager, Cisco
Fresher (LSR) Consultant, Bain & Co. Finance, Oye Fintech E ntrepreneur in Residence, Neemans
Audit, Deloitte Category Manager, Unacademy Assistant Manager, Sales, Taj Hotels Partnerships, Razorpay
Get in Touch
email us at careers@[Link]
