New Age B-school, Masters’ Union Places Second Cohort at Avg. CTC of Rs. 33.10L, surpassing IIM Ahmedabad & Bangalore

New Delhi  – Gurgaon based Masters’ Union, a new age Business school today released their audited placement report for their PGP (MBA) Cohort of 2022. The average package for the 1-year MBA/PGP program stands at Rs. 33.10L, surpassing the averages set by IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. The placement report is audited by Brickwork Analytics, the rating and auditing agency that audits IIM Ahmedabad’s placement report.

Despite a difficult market scenario amid layoffs across the world, this marks a 13.67% increase from their previous years’ average of Rs. 29.12 lakhs. The highest package stood at Rs. 64.15 lakhs and while the top 25% of the batch landed an average package of Rs.44.52 lakhs, the bottom 25% landed an average package of Rs. 20.02 lakhs. The average package for freshers stands at Rs. 24.44 lakhs.

Almost 20% of the cohort was placed in highly coveted Chief of Staff or in Founders’ office roles in marquee companies like Zerodha, Razorpay, Ather, 1Finance, General Aeronautics, Zopper, Prescinto, Jodo among others. Growth & Business related roles were opted for by a quarter of all students at companies like Make My Trip, Cred, Skill-Lync, House of X, Classplus, Newton School, Urban Piper etc.

Data & Consulting roles were third most popular with mainstream recruiters like Bain, BCG, Accenture Strategy, Tata IQ, KPMG, EY, PWC and niche firms like Thoucentric, Takshashila, JM Financial, Eucloid, etc. Given the tech focus at Masters’ Union, Product/Program Management roles continue to be in demand, with almost a quarter of the batch bagging such roles at Silicon Labs, Commvault, Eightfold, Juspay, Protium, Absolute Foods, GoKwik, Tekion, Cogoport, Gokwik, etc.

The cohort also saw emergence of 2 student startups; the students decided to sit out of placements and instead raise funds for their ventures. A smaller percentage of students also chose blockchain & crypto based roles at niche companies like ZKX & Dandera.

“The students from the 1st cohort of Masters’ Union have done exceedingly well within their respective teams at Razorpay. For the second consecutive year of recruitment from Masters’ Union, I found their student quality to be excellent. Their hands-on approach where students learn by running businesses such as cloud kitchens, drop shipping websites, youtube pages, etc ensures that the student has a lot of real life context. I am already excited for their Cohort of 2023” – said Atul Mehta, SVP at Razorpay.

Pratham Mittal, the founder of Masters’ Union said, “We are on a mission to hyperboost each student’s career trajectory by providing the highest quality, most relevant hands-on education here at the Union. I believe in each of our alumni to break all glass ceilings and impact lives across the globe.”

Masters’ Union was established in 2020 and counts Rajat Mathur (MD, Morgan Stanley), Naveen Munjal (MD, Hero Electric), Elkana Ezekiel (CMO, Samsung) and over 200 other CXOs from Tata, Mckisney amongst its faculty. Earlier this year, Masters’ Union hosted Nithin Kamath, the founder of Zerodha as its Convocation speaker. Other C suite visitors include Rajan Anandan (MD, Sequoia), Ghazal Alagh (MamaEarth), Ashneer Grover, Pramod Bhasin (Founder, Genpact), etc.