MDI Gurgaon final Placement 2021: Average salary rises by 5% to Rs.23.15 LPA; Highest salary by Amazon sees 8.6% hike at Rs.44 LPA; Deloitte, PwC, Cognizant hire in Large Number

MBAUniverse.com News Desk |
March 16, 2021
MDI Gurgaon, one of the premier B-schools in India has concluded its placement 2021 with a 5% rise in average salary which has gone up at Rs.23.15 LPA. Amazon offered highest salary of Rs.44 LPA recording a hike of 8.6% over last year. Among the 128 recruiters who participated in placement 2021, Deloitte, PwC, Cognizant, ICICI Bank emerged as top recruiters with highest number of offers
MDI Placements 2021

MDI Gurgaon, one of the premier B-schools in India concluded its placement 2021 for the batch 2019-2021 with 5% rise in average salary which has gone up at Rs.23.15 LPA in 2021 from Rs.22.05 LPA last year despite the Covid-19 pandemic. Highest salary with 8.6% hike was offered by Amazon at Rs.44 LPA in placement 2021 as compared to Rs.40.50 LPA last year.

MDI Gurgaon concluded its placement 2021 recording again 100% placement offers from top recruiters.

MDI Gurgaon Final Placement 2021: Key Highlights
Key Highlights in MDI Placement 2021 are:

  • Median Salary up at Rs.23 LPA in 2021 from Rs. 22 LPA last year
  • Average Salary Up by 5% at Rs.23.15 LPA in 2021 from Rs.22.05 LPA last year
  • Offered by Amazon at Rs.44 LPA, Highest Salary in 2021 rose by more than 8.6% from Rs.40.50 LPA last year
  • Number of participating companies increased to 128 in 2021 from 126 last year
  • Number of First time Recruiters increased to 60+ in 2021 from 41 last year
  • Top Recruiters in Placement 2021 included Deloitte, PwC, Cognizant, ICICI Bank in terms of highest number of offers. Amazon made the highest salary offer

Sharing the placement report for the batch 2019-21, Kanwal Kapil, Dean-Placements, Alumni & Continuing education at  Management Development Institute (MDI) Gurgaon, said, “In the Covid scenario, we were expecting many recruiters to cut down on hiring numbers. Based on that assumption, we made a conscious effort to reach out to new and diverse recruiters, particularly those from sectors such as consulting and technology, and telecommunication that are doing well in the current scenario.”

MDI students have proved their mettle through their high quality performance by achieving yet again 100% placement with higher salary packages. 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. 

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Key Placement trends
The average CTC across the three courses increased to Rs.23.15 lakhs this year from Rs.22.05 lakhs last year.

Average salary rising consistently: 5 years Analysis
Placement at MDI Gurgaon during past few years has continued to rise braving all the slow down odds proving again and again that MDI students are a preferred lot by the recruiters. A brief comparative analysis in last 5 years placement will bring home the fact:

Placement year
Average salary (Rs. in lakhs)
Placement 2021
23.15
Placement 2020
22.05
Placement 2019
20.13
Placement 2018
19.35
Placement 2017
19.25
Placement 2016
18.95

128 Recruiters
A total of 128 companies participated for the MDI final placement 2021 and made Placement offers to the participating students.

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.

In addition to the regular recruiters, MDI campus also saw more than 60 first time recruiters, reiterating the confidence that the industry places upon MDI. There was a substantial increase in the number of offers made by the regular recruiters.

Top Recruiters
Some of the top Recruiters in Placement 2021 at MDI Gurgaon included multinational companies like Deloitte USI with 19 offers; PwC US Advisory with 19 offers; Cognizant with 17 offers; ICICI Bank with 15 offers.

Out of the 128 companies that participated in the final placement process, as compared to 126 companies last year, more than 60 were new recruiters. Some of the prominent new recruiters included  Airbnb, BMW Group India, D.E. Shaw, Google, Johnson and Johnson, Reckitt Benckiser, The Chesapeake Group, Thoucentric, ZS Associates among others.

Technology, Telecommunication & Media and FMCD/FMCG sectors saw the highest number of new recruiters this year. 

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Diverse batch profile with More Women Students
In keeping pace with the latest industry trends, MDI Gurgaon has maintained a balanced and diverse batch. MDI garners industry interest due to its distinct student demographic, which exhibits diversity in terms of education, past work experience and gender.

  • Gender Diversity: This year the batch saw a similar trend with more than 30% women enrolling in the PGPM, PGP-HRM and PGP-IM programs.
  • Academic Diversity: More than 35% batch is from Non-Engineering back ground

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.

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)