The number of offers per person worked out to 1.34, up from last year’s 1.09. The highest domestic salary this year has touched Rs.16 lakh per annum, while the highest international package offered was 80,000 Australian dollars.
Punit Rai, the PGP grad who bagged the highest international offer, was all smiles: “I am very happy to get the offer of my choice.… Macquaire Bank has offered me 80,000 Australian dollars. It’s not easy to bag such offer.” he said.
Dr Sujit K Basu, director, MDI Gurgaon, said: “The average salary has increased by 26% over last year: this year, the average salary has been Rs.11.5 lakh compared to Rs.9.1 lakh last year… The unique distinction in the placements this year has been the international placements; ICICI Bank and Macquaire Bank of Australia recruited students for foreign postings.” For PGP-HR the highest domestic salary is Rs.12.5 lakh and the highest international paycheck was 50,000 Singapore Dollars.
In MDI, 120 companies evinced an interest in recruiting from among the 128 students enrolled for the PGPM and the 32 enrolled for the PGP-HR; 12 students were given pre-placement offers (9 were from PGPM and 3 from PGP-HR); 58 companies recruited students out of which 23 were during lateral placements and 35 during final placements. Some of the big companies who visited the campus this year were Agrotech Foods, Asian Paints, Bharti, Mercer Consulting, Essar Group, Cognizant Technology Solutions, Deloitte DAS, Ranbaxy and several others.
The campus saw 29 new recruiters this time: 23 of them recruited from PGPM and 6 from PGP-HR. Some of the new recruiters included Nestle, Pepsi, Ranbaxy, RPG Group, Marico, Motorola, Standard Chartered Bank, Wipro Technologies etc. Top-notch international recruiters like Macquaire Bank and Emerio Technologies were also on campus for the first time.
Sector-wise, 30% of recruiters for PGPM were from IT, 13% from banking, 11% from investment banking, 8% from non-banking finance and FMCG each, 7% from telecom, 5% from consulting, 3% from retail, 2% from insurance and customer health care each and 1% from PSU and manufacturing.
Sector-wise break up of recruiters for PGP-HR shows 23% hiring from FMCG, 17% from banking and conglomerate each, 13% from consulting, 7% from retail and IT each and 3% from pharma and insurance each.
Hemant Bhandari, a PGP-HR student of MDI who grabbed the highest offer from PGP-HR, said, “I got an offer of 50,000 Singapore dollars from Emerio which is an IT company.” He added that all the companies that visited the campus were liked by students because of the kind of profiles, salaries etc that they offered.
