TISS - Tata Institute of Social Sciences

The Tata Institute of Social Sciences (TISS) is India's leading institute in social sciences and development sector. One of the flagship programs of TISS is the MA in HRM and LR program. In this blog, we will get into the details of the placement report of TISS MA HRM 2023. We'll also have a look at the summer placement along with the batch profile. The 2023 report has not only set new benchmarks, but also showcased the rising reputation of the institute in the industry. You should not miss this blog especially if you are planning to work in the Human Resource industry. Here's a closer look of the milestones achieved and the trends observed this year!

TISS Placement 2023

The placement process is a 4-step process in the TISS.

1. Pre-Placement Talk: The companies are invited for a pre-placement talk for the batch. This helps the students in making an informed decision during their final placement process.
2. Student Resumes and Shortlisting: The companies get the option of either circulating their customized application forms amongst candidates or accepting resumes from interested candidates.
3. Slotting Process: The students rank the companies based on their order of preference. The companies are then informed about their respective slot for placement.
4. Recruitment Process: The companies intimate the Placement office about the details such as process of selection (preliminary test, GD, interview, case, etc.), number of rounds of the GD and group size, number of rounds of interview, and approximate duration of the GDs and interview in advance

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TISS Placements 2023 Highlights

Impressive Growth in Packages Offered

The placement data for 2023 show that the packages that are made available to students have been steadily increasing. The highest package saw a noteworthy 16% increase, going from INR 42.09 LPA in 2022 to an amazing INR 49 LPA. This increase is evidence of the growing value top-tier firms place on TISS graduates.

The increase in the median and average packages, which have both increased by about 14%, is also significant. The average package has increased significantly from INR 23.97 LPA to INR 27.22 LPA this year. The median compensation has also increased from INR 22.50 LPA to INR 25.75 LPA, suggesting that there is a general increase in demand for TISS graduates.

Top Performers and Exclusive Packages

Recruiters responded quite positively to the 66 students from the HRM & LR class that took part in the placements this year. The overall placement scenario remained strong despite a minor decline in Pre-Placement Offers (PPOs) from 50% in 2022 to 41% in 2023.

Consistent Upward Trend in Placement

Based on a three-year trend analysis, TISS Mumbai has continuously enhanced its placement results. The average package was 19.62 LPA in 2021; it climbed significantly to 23.97 LPA in 2022 and then to 27.22 LPA in 2023. This consistent increase highlights the school's rising status and the improved skills of its alumni.

TISS Mumbai Top Recruiters

TISS 2023 Summer Internship Placement

• The summer placement season for TISS Mumbai's HRM & LR batch of 2021-23 completed in October 2021. Achieving a 100% placement record, the procedure emphasised the institution’s constant ability to link students with top-tier industry prospects.
• The highest stipend provided this year was INR 3.30 Lakhs for a two-month internship.
• The average compensation for the top 25% of offers was also remarkable, standing at INR 3.08 Lakhs.
• The mean stipend had a large increase, growing by 17.43% from the previous year to reach INR 2.35 Lakhs.
• The median stipend experienced an even more dramatic gain of 20%, coming in at INR 2.40 Lakhs.
• Notably, 90% of the cohort obtained stipends of INR 2 Lakhs and beyond.
• Regular recruiters such as Aditya Birla Group, Citi, HUL, ITC, Mahindra, Marico, Nestle, P&G;, RPG, and TAS continued their practice of hiring from TISS
• This year also saw the involvement of many first-time recruiters, including Accenture Strategy, Disney-Star, GE Healthcare, Google, and UHG, providing a new dimension to the placement process and offering students a greater choice of prospects.
• Amazon topped the pack in terms of the number of deals provided, followed closely by Aditya Birla Group, Citi, Disney Star, Dr. Reddy's Laboratories, Flipkart, Piramal Group, Reliance, and Samsung R&D.; Their strong involvement demonstrates the great need for TISS personnel across numerous businesses.
• Additionally, the campus welcomed back corporations like Deloitte India, Intel, and Samsung India after a time of absence, signaling a revived interest in TISS graduates.
• The distribution of internships across industries highlighted the different interests and talents of the class. The highest number of internships were gained in Conglomerates and FMCG, followed by major placements in Engineering & Technology, Consulting, and Pharma industries.

Top Recruiters at TISS for Each Sector

TISS Mumbai HRM & LR 2021-23 Batch Profile

TISS Batch Work Experience

TISS Batch Educational Background

Gender Ratio at TISS

Conclusion

The summer placements for the HRM & LR cohort of 2021-23 at TISS Mumbai have established a high standard for excellence. With record-breaking stipends, a 100% placement rate, and engagement from a mix of long-standing and new recruiters, the school continues to strengthen its status as a prominent destination for elite talent. As TISS Mumbai looks ahead, the patterns and triumphs of this placement season establish a strong platform for future achievements.

Also Read, TISS Mumbai Admission

Frequently Asked Questions (FAQs)

Q. Does TISS provide 100% placement?

A. Yes, the TISS has a 100% placement record across all programmes.

Q. Which course has the best placement in TISS?

A. Tata Institute of Social Sciences, Mumbai offers the best placements for the HRM programme. Acoording to the placement record the the highest and average package offered was INR 49 LPA and INR 27.22 LPA, respectively.

Q. Is TISS better than JNU?

A. Tiss is good for HR and labour studies because of their high package placement. But for other courses JNU is better place for higher studies.

Q. What is the average CTC in TISS?

A. According to the latest placement report of TISS, the highest package stood at INR 49 LPA while the mean and median CTC stood at INR 27.22 LPA and INR 25.75 LPA respectively.

Q. Do TISS students get stipend?

A. The median stipend offered to students during the Summer Placement Process of 2024 at TISS Mumbai was INR 3,00,000 for a two-month internship.

Q. Does TISS have international placements?

A. No, there are no international or foreign placements provided to TISS students yet.