In Masters’ Union Placement Drive 2024, around 148 companies participated, offering students roles across diverse sectors such as consulting, technology, finance, and startups. The top-earning student in the cohort secured an impressive package of INR 61.8 lakh, with the top 25% of students receiving an average package of INR 43.79 lakh.
Masters’ Union, the Gurgaon-based business school, has reported impressive placement figures for its full-time MBA cohort of 2024, with an average annual salary of INR 28.52 lakh and a median salary of INR 27.66 lakh, according to the audited Careers Report shared by the institution. This performance marks another milestone in the school’s growing reputation for producing industry-ready graduates with high earning potential.
Record-High Placements Across Leading Sectors
In this year’s placement drive, around 148 companies participated, offering students roles across diverse sectors such as consulting, technology, finance, and startups. The top-earning student in the cohort secured an impressive package of INR 61.8 lakh, with the top 25% of students receiving an average package of INR 43.79 lakh.
International Placements and Prestigious Employers
The 200-strong cohort achieved 10 international placements at renowned global companies, including Talabat, Gensol, and the Landmark Group. These international placements reflect the school’s expanding global presence and its ability to attract top-tier employers from around the world.
Venture capital firms were also actively involved, making significant offers to students for roles such as Chief of Staff, Founders’ Office, Strategy, and Product Management. Prominent venture capital firms such as Kae Capital, Good Capital, Innoven Capital, Avirom Capital, and Palaash Ventures participated in the placement process, highlighting the increasing intersection between finance and startups in the current job market.
Leading Consulting and Tech Companies Hire from Masters' Union
Several global consulting firms, including BCG, Kearney, and Bain & Company, along with major tech companies like Microsoft and Cisco, hired students from Masters' Union. Additionally, emerging artificial intelligence (AI) companies such as inspeq.ai and kore.ai recruited for roles in product management, demonstrating the growing demand for AI talent in the market.
The quick commerce sector also saw strong participation, with companies like Blinkit, Zepto, and Flipkart offering 28 roles to Masters’ Union students. Prominent startups such as Zerodha, CRED, Wakefit, and Razorpay also contributed to the placement success, offering competitive packages to graduates.
Salaries by Company Size and Sector
Q: What are the key highlights of Masters Union placements?
The key highlights of Masters Union placements 2023 are presented below:
- Salary jump of 3.91 times from pre MBA level
- 20% of the entire batch was placed in Chief of Staff and Founder's Office Roles
- 6% of the batch secured offers at leading Investment and Venture Capital companies
- More than 20% students secured early joining dates 3 months before the completion of the PGDM TBM program
- Witnessed PPO conversion rate of 75% at the leading company BCG
- International placements in Dubai as US (remote roles)
Q: How are MBA placements at Masters' Union School of Business?
Masters Union alumni are placed in leading companies such as Juspay, CarDekho and CISCO. Further, according to official data available, 67% of Masters Union alumni from Cohort 2021 got promoted within one year
Placements are reported to be promising with an average CTC of Rs.33.10 lakhs. The specific companies that hire from Masters Union may vary from year to year, top Recruiters include Bain, BCG, Microsoft
Q: How are the placements at Masters Union?
Out of total 163 students, 142 students were placed whereas 12 students opted out during Masters Union placements 2023 for PGDM TBM program. The key highlights of Masters Union placements 2023 as compared with 2022 and 2021 are presented below:
Particulars |
PGP TBM Placement Statistics (2021) |
PGP TBM Placement Statistics (2022) |
PGP TBM Placement Statistics (2023) |
|---|---|---|---|
Highest package |
INR 45 LPA |
INR 64.15 LPA |
INR 57.08 LPA |
Average package |
INR 29.12 LPA |
INR 33.1 LPA |
INR 34.07 LPA |
Top 25% average package |
INR 41.14 LPA |
INR 44.52 LPA |
INR 44.67 LPA |
Below 25% average package |
INR 19.38 LPA |
INR 20.02 LPA |
INR 22.35 LPA |
Middle 80% average package |
INR 28.76 LPA |
INR 33.73 LPA |
INR 34.09 LPA |
Median package |
INR 29.5 LPA |
INR 30.92 LPA |
INR 32.18 LPA |
Total companies |
45 |
58 |
137 |
The average salary offered by startups was INR 26.45 lakh, while mid to large companies offered an average package of INR 27.32 lakh, and legacy companies offered the highest average at INR 31.15 lakh. This diversity in salary offerings highlights the wide-ranging opportunities available to students, regardless of the size or age of the hiring company.
Surge in Entrepreneurial Ventures Among Students
In addition to traditional placements, 15% of the students from the 2024 cohort launched their own ventures, up significantly from just 5% in previous years. The business school’s Venture Initiation Program provided students with the resources, mentorship, and guidance needed to turn their innovative ideas into real-world businesses. Notable startups founded by this cohort, such as Seeds AI and PlaySuper, attracted $700,000 in seed-stage investments from venture capital firms including Campus Fund and 100X.VC.
Audited Placement Report Reflects Growth and Success
The placement report for the 2024 cohort has been audited by Brickwork Analytics, a reputed rating and auditing agency that also audits the placement report for IIM Ahmedabad. The thorough audit adds credibility to the placement data, ensuring that the figures presented accurately reflect the success of the cohort.
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