Masters’ Union Gurgaon is a new age business school offering industry-immersive business education where the classes are led by top industry leaders and practitioners.It is a first of its kind institute where distinguished leaders from different walks of life have really re-imagined business education in order to create effective business professionals for the ever-changing economy. Read here to know more about the institution.

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

Date: November 28, 2022

The top 25% of the batch landed an average package of Rs.44.52 lakhs, while the highest package stood at Rs. 64.15 lakh

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, and 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 the 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 & Dendera.

“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 hyper-boost 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, and Mckinsey 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.

Masters’ Union reports breakout internship placements at top firms like BCG, Mckinsey & Softbank

Date: April 26, 2021

In its very first year, Masters’ Union Business School’s  inaugural cohort of 65 students has found placements in over 40 top firms, with the most popular sectors being consulting, private equity, venture capital, product management, data sciences and marketing. In its first ever internship report, the B-School’s Careers Department stated that top recruiters coming to the B-School for the placements include Mckinsey, BCG, Tata IQ, PWC, EY and KPMG among the consulting firms. 

This is the first time that such illustrious companies have hired from a B-School other than the old IIMs and ISB. Masters’ Union CEO, Rupesh said “It is due to the quality of the cohort, the tech focussed curriculum, the deep industry immersion, and the practitioner led classes that our students achieved tremendous placement success, at par with the old IIMs”

In a rather rare occurrence among B-Schools, students have also cracked private equity and venture capital jobs at Softbank JV, L&T Private Equity, Orios Venture partners and Antler India. Many students have also scored unique Chief of Staff roles at top funded startups like FtCash (500 Start-ups), Simpl (IA Ventures), Park+ (Sequoia) and Aanswr.

Fintech was also a rather popular choice for product management roles with the recently announced Unicorn - Razorpay taking the most number of students. Bosch and Virtusa recruited students for their international offices in Germany and US respectively, while other domestic product management recruiters included Juspay, Mobikwik, Freecharge and IndiaMart. 

In Finance, students found roles at BMW Finance, HDFC, ICRA, ICICI, IndusInd and Axis Bank. In Digital and Marketing, popular companies included bOAt, ITC, Volvo, ABP, Virtusa and Case Insurance. Some students also opted for long-term consulting projects with Coke and Bobble AI.About eight students were also awarded the Masters’ Union Innovation Lab’s equity free seed grant to pursue their own ventures over the summer. Select students were also granted fellowships in blockchain platforms and  data research.

The inaugural cohort of 2021 represents diversity in terms of academic training, professional experience, age, gender, geographies and even growth aspirations. It has a significant representation from engineering and chartered accountancy, apart from lawyers and humanities graduates. The average age of the cohort members is 25.7 years. Its youngest and oldest members are 21 and 39 years old respectively. 

With academic training from elite institutions such as the IITs, BITS Pilani, St Stephen’s, Shri Ram College of Commerce, most come with significant work experience in a range of industry verticals, from consulting to manufacturing, having worked with companies like Goldman Sachs, KPMG, EY, Amazon and Mu Sigma, ringing in an average incoming salary of Rs 10.5 lakh per annum. Masters’ Union is the first B-School in India to have marquee recruiters like McKinsey, BCG, EY, HDFC, Tata, Softbank and BMW hire from its inaugural cohort placing it in the league of older and established institutions like IIMs and ISB.