MDI Gurgaon
Places its MBAs not just in their Dream Companies but also in Preferred Profiles
PGPM / PGP-HR / PGP-IM Programmes
Placements 2008 has indelibly
etched MDI amongst the pantheon of top business schools in India. For, as the
glorious saga unfolded over the Day Zero, the 168
students who set for placements ended up with offers of recruitment
not only
from their dream companies but more importantly in preferred profiles. The two
years of preparation for the corporate world of some of the most talented minds,
selected through unarguably the toughest examination for managerial aptitude,
and rigorously exposed to the best in management education and industry practice
in India proved its worth on the day that mattered. It was the day for people to
dream, to aspire, to realize, and to rejoice.
The list of recruiters, in
continuation of the trend in the last few years, burgeoned both in terms of
number and their diversity. The numbers speak for themselves - more than 120
companies evinced interest in recruiting from the 115 students who had enrolled
for the Post Graduate Programme in Management (PGPM), 31 students enrolled in
the Post Graduate Programme in Human Resource Management (PGP-HR) and 22
students enrolled in the Post Graduate Programme in International Management (PGP-IM).
Of these, 35 were placed in the lateral placement
process and 12 accepted the pre-placement offer
extended to them.
In keeping with the recent trend
where management students have taken the entrepreneurial route,
4 students opted out to pursue their ambition
of being wealth creators for nation. The rest 121 students were placed in the
Day Zero. In all, 67 companies snapped up the
graduating students of the batch of 2006-08.
The list of recruiting companies
represents a mind-boggling array of the most reputed and respected corporate
straddling almost all the sectors of the Indian economy: Banking, Consulting,
Financial Services, Insurance and Investment Banking, FMGC, Media,
Manufacturing, IT, Pharmaceuticals, Retail and Telecom.
Major recruiters for HR
profiles were Ernst & Young, Hewitt Associates, Mercer Consulting, Bharti,
Glenmark, Tata Sons, Tata Steel, ICICI, ITC, Reliance ADAG, Pepsi, Protiviti
(Dubai), RPG and Sharaf (Dubai). The PGPM recruiters included AIG, Asian
Paints,
American Express, Axis Bank, Barclays, Bausch & Lomb, Bharti, Citi Group, Coca
Cola, Colgate Pamolive, Ernst & Young, Essar, Glenmark, Glaxo SmithKline,
Goldman Sachs, Heinz, HT Media, HSBC, ICICI, ICICI Securities, IDFC, iMacs, ITC,
Johnson & Johnson, J P Morgan Chase, Macquarie Bank (Australia), Proctor &
Gamble, Pepsi, Phillips, Reckitt Benckiser, SBI Capital, Standard Chartered
Bank, Tata Sons & Yes Bank. The PGP-IM recruiters included Avalon,
Brainmatics, Cairns, Nissan (France) and SAP VE.
Job profiles up for grabs were
Finance, Consulting, IT, Sales & Marketing, General Management and Operations.
Out of 67 recruiters in PGPM, PGHR & PGIM, 22 were first time recruiters.
The number of offers per person rose to 1.52,
up from last year's 1.34.
Top-notch international
recruiters like Protiviti, Macquarie Bank, Nissan, Sharaf Group also
recruited from the campus. ICICI, in connection with the trend that started last
year, once again opened up its most preferred international profiles to the MDI
graduates - a stunning recognition of the talent emerging from the portals of
MDI. The going this year was so good - niche domestic offers, preferred profiles
and hitherto unheard of compensation - that several students preferred to turn
down international placements. Almost like the proverbial bellwether, MDI has
proclaimed that it is India that is the most happening, challenging and
rewarding place to work.
The pay packages received are on
a scale that has the students euphoric. The highest
domestic salary offered for PGPM this year is whopping Rs. 20.21 Lakhs,
as compared to Rs. 16 Lakhs last year, and the highest
international paycheck was from ICICI Bank (575000 Hong Kong Dollars or INR
29.43 Lakhs) and Macquarie Bank (73,797 Australian Dollars or INR
27.80 Lakhs). The average salary is INR 12.50 Lakhs
and the median salary is INR 12.04 Lakhs.
For PGP-HR, the
highest domestic salary is INR 14.00 Lakhs
and the highest international paycheck is 1,83,800 Dhs
or INR 19.80 Lakhs. The average salary for
PGHR is INR 11.29 Lakhs and the median is INR 11.50 Lakhs.
For PGP-IM, the first
batch was placed very successfully with the average
salary of INR 11.88 Lakhs and the median of INR 11.03 Lakhs. The
highest domestic salary for the PGPIM is INR 14.00 Lakhs
and hightest international paycheck is 87,729 Swiss
France or INR 32.88 Lakhs.
With MDI's graduates setting off
on the path towards high-flying careers and ambitious ventures, the institute
fulfills its promise of nurturing young managers inculcated with sharp
analytical and problem-solving abilities, impeccable attitude, and
well-developed capability to manage and lead change.
