MDI Gurgaon final Placement 2017: Rs.55 LPA international packages break past records; 343 students placed by 143 recruiters

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MBAUniverse.com News Desk |
April 3, 2017
MDI Gurgaon placement 2017 concluded with average salary of Rs.18.89 LPA and 100% placement for 343 students from 143 recruiters
15 students at MDI Gurgaon have also bagged international offers across industries with Tolaram Group extending 4 international offers with the package of 55 LPA

MDI Gurugram (Gurgaon), one of the premier B-schools in India has concluded its placement 2017 with high average packages including international salary packages of Rs.55 lakhs per annum. More recruiters than last year participated in Placement 2017 at MDI Gurgaon.

Sharing the placement report for the batch 2015-2017, Management Development Institute (MDI) Gurgaon has informed that a total of 343 students participated in the placement process, with 238 students from the flagship PGPM course, 60 students from the PGP-HRM course and 45 from the PGP-IM course.

MDI students have proved their mettle through their high quality performance by bagging a total of 100 Pre-Placement Offers either from their summer internship organizations or through various B-school competitions. The regular recruiters at MDI reinforced their faith in the quality of talent by opening more of their coveted roles, in addition to their regular roles on offer.

Key Placement trends
The average CTC across the three courses stood at INR 18.89 LPA with the highest domestic CTC being INR 28.74 LPA.

15 students at MDI Gurgaon have also bagged international offers across industries with Tolaram Group extending 4 international offers with the package of 55 LPA which is the highest overall CTC offered in this season.

More Recruiters than last year
A total of 143 companies confirmed participation for the MDI final placement 2017 as against 123 companies in last year placement.

The placement season saw an overwhelming response from companies spanning across various functions such as Consulting, General Management, Finance, Strategy, Sales and Marketing, Operations and HR. A plethora of startups also opened their niche profiles to leverage the talent pool at MDI Gurgaon. The stellar placements at MDI amidst the increasingly volatile economic scenario stand testimony to the faith shown by industry stalwarts in its pedagogy, faculty, alumni and students.

Diverse batch profile with 22% women students
The Class of 2017 comprises students from diverse academic backgrounds with 13% non-engineers. The batch had an eclectic mix of students from various specializations such as arts, commerce, science, psychology, journalism, and medicine. According to MDI Gurgaon “Each year MDI lays emphasis on hosting a batch with students from various academic backgrounds. This year was no different with students enrolling from Arts, Commerce, Medicine, Psychology and Science domains.”

22% of the batch 2015-17 at MDI Gurgaon consists of female students. The Class of 2017 encompasses a mix of students having extensive industry experience as well as fresh graduates who bring in new perspectives and innovative ideas to the classroom. The students have a prior work experience in various sectors, with Manufacturing, IT/ITES, BFSI, and Consulting being the most prominent ones. This diversity provides for an ideal bed of talent for recruitment.

Domain wise Placements  
MDI Gurgaon further fortified its position towards becoming a preferred destination for the      General Management and Strategy function. The consulting domain witnessed a remarkable  
increase in the number of offers being made with major global consulting firms recruiting at MDI campus.

General Management and Strategy
There was a substantial increase in the number of companies visiting and offers made in the General Management and Strategy domain. Regular recruiters such as Deloitte U.S. India and KPMG reaffirmed their faith in the quality of talent at MDI Gurgaon and made multiple offers.

PwC’s PRTM and Hinduja Group recruited for the second time in a row offering coveted roles. Infosys Consulting recruited for the first time for its management consulting profile. Mahindra recruited for its prestigious GMC role. Stellium Inc. recruited for its niche Operations Consulting profile. EY, Rivigo and Tata Steel also offered roles in strategy domain. Airtel, i3 Consulting, PwC, Reliance Industries Ltd. and Tata Communications were among others who offered business leadership roles.

Finance
This year saw a substantial increase in the number of companies offering profiles to the students in Finance domain. Goldman Sachs, HSBC STG, JP Morgan Chase and Nomura were the prominent recruiters that offered investment banking profiles with majority students securing Pre-Placement Offers. CRISIL and ICRA recruited for the first time for their finance roles. Niche roles were offered by Private Equity firms such as The Chesapeake Group. Regular recruiters such as American Express, Axis Bank, Citibank, Bank of America, HSBC, ICICI Bank, Religare, SBI Capital Markets, Standard Chartered, Synergy Consulting and Yes Bank offered roles in Treasury, Corporate Banking, Project Finance, and Retail Banking and Wealth Management. Indus Valley Partners and Spandana Spoorthy also offered niche roles in the finance domain.

Sales & Marketing
The season witnessed a salutary representation from over 80 companies offering roles across their sales and marketing functions. Renowned marketing firms such as Asian Paints, Castrol, Colgate-Palmolive, Coca-Cola, Dabur, ITC, and PepsiCo among others re-instilled their faith in the MDI. GlaxoSmithKline- Consumer Healthcare and Eli Lilly offered prestigious roles in this domain for the first time. Students also received Pre-Placement offers for international roles in companies like Johnson & Johnson- Dubai, Philips-Madrid renouncing their trust in MDI students. Brands such as ABInBev, Aditya Birla Fashion Retail, BCCL, Godrej Consumer Products Limited, Godrej Properties Limited, Paytm and Pidilite continued their strong association with MDI by offering multiple offers. Tolaram Group offered international roles for their consumer products division.

Operations/IT/Others
Google, McKinsey Digital Labs and Sprinklr pronounced their trust in MDI by offering niche roles in the respective domains. Microland recruited for the first time offering their much sought after New Generation Management Cadre program. Regular recruiters like Larsen & Toubro and Tata Motors offered roles in operations for the first time. 

Human Resources
The rapidly emerging reputation of MDI Gurgaon for its Human Resources Management program was renounced by companies across a multitude of sectors viz. Conglomerate, Consulting, FMCG, BFSI, and IT/ITES making offers to the students. Companies like ABInBev, Aditya Birla Group, Airtel, ITC extended Pre-Placement Offers in Human Resources Management, thereby reaffirming their confidence in the quality of talent pool in this domain. Airtel, Godrej Industries, Pernod Ricard and Reliance Industries Limited recruited for their coveted HR leadership programs. EY, Mercer and Willis Towers Watson recruited for HR consulting roles.

Amazon also recruited for their prestigious leadership program offering the highest package in this domain. D.E. Shaw & Co., Ericsson, Marico and Nestlé were some of the other companies which also participated in the placement process.

Set up in 1973 MDI Gurgaon has earned the reputation of being among the top rated B schools of the country. MDI has the distinction of being the first internationally accredited Indian B-School. It was accredited by South Asian Quality Standards (SAQS) in 2005 and by Association of MBAs (AMBA) in 2006.

 Stay tuned to MBAUniverse.com for more updates on MDI Gurugram (Gurgaon)