This is the most-preferred sector for business graduates in India
The fast-moving consumer goods (FMCG) sector is back as the most preferred sector for employment as more than two in five (46%) respondents graduating in 2018 from 36 leading B-schools said they preferred to work in the sector, according to Nielsen Campus Track Business School Survey 2018.
Banking, financial services and insurance (43%) and automobiles/auto-ancillary (34%) sectors were the next preferred choice of the students. The same trend was last seen in 2014. In 2015 and 2016, ecommerce was the favourite among students, the report said. However, uncertainty in the sector in the recent years led students to opt for BFSI, which topped last year’s survey.
Pal said the B-school students are increasingly tilting towards the sector and showing interest in pursuing a career in this sector. Ecommerce slipped to fifth place with 29% students opting for the sector, while management consultancy was chosen by 31% of the students.
According to the report, consulting sector was, however, the most-preferred employer this year with McKinsey & Co emerging as the No. 1 in terms of the campus recruiter index (CRI). McKinsey & Co was in the 3rd place in 2017 and 9th place in 2016. It displaced Hindustan Unilever, which had topped in this parameter for years. Google, another preferred employer secured the second spot followed by HUL and Goldman Sachs jointly were at No. 3 spot. HUL continued to be the dream employer for the ninth straight year.
McKinsey topped the chart because it offers good package and opportunities to learn and work with top talents, the survey said.
ITC, Procter & Gamble, JPMorgan Chase, BCG, Reckitt Benckiser and Microsoft were also on the top 10 campus recruiter index.
“The FMCG sector is poised to grow at a healthy rate of over double digits over the next few years,” ET quoted Sanjay Pal, executive director of Nielsen India, as saying.