MDI Gurgaon, one of the premier B-schools in India concluded its placement 2020 for the batch 2018-20 with 9.53% rise in average salary which has gone upto Rs.22.05 lakhs in 2020 from Rs.20.13 lakhs last year despite the Covid-19 pandemic. The B-school saw 41 new recruiters making offers in Placement 2020.
MDI Gurgaon concluded its placement 2020 recording again 100% placement offers from top recruiters. There were 239 students in PGPM, 60 students in PGP-HRM and 60 students in PGP-IM batch 2018-20.
MDI Gurgaon Final Placement 2020: Key Highlights
Key Highlights in MDI Placement 2020 are:
- Total number of students participating in Placements 2020: 359 (From PGPM;PGP-HRM;PGP-IM)
- Median Salary up at Rs. 22 LPA from Rs. LPA last year
- Average Salary Up at Rs.22.05 LPA from Rs.20.13 LPA last year
- Highest Salary stood at Rs.40.50 LPA
- Number of participating companies: 126
- Number of First time Recruiters: 41
- 126 Pre Placement offers were made by 126 recruiters
- Top Recruiters in Placement 2020 included Nestlé, Tata Consumer Products Ltd, Coca-Cola, ITC Ltd., L'Oréal, Marico, Eli Lilly, GSK Pharmaceuticals, Airtel, Godrej,Ninjacart, Amazon, Maersk, Uber, Tech Mahindra, Hinduja Group, JSW Group, Reliance Industries, Deloitte USI, McKinsey Digital, PwC, Aon Consulting, Hero MotoCorp among others
Sharing the placement report for the batch 2018-20, Management Development Institute (MDI) Gurgaon has informed that this final placement season witnessed 41 new recruiters and a 9.53% rise in the average salary offered, reaffirming MDI’s established position as one of the country’s leading business schools
MDI students have proved their mettle through their high quality performance by bagging a total of 126 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 increased to Rs.22.05 lakhs in Placement 2020 as against Rs. 20.13 LPA last year with the highest domestic CTC being Rs. 40.50 lakhs this year. Average salary for top 20% in Placement 2020 stood at Rs.30.20 LPA and for top 50% it stood at Rs.26.41 LPA
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:
Average salary (Rs. in lakhs)
A total of 126 companies participated for the MDI final placement 2020 and made Placement offers to 359 students. 97 Companies made offers to PGPM students; 46 companies made offers to PGP-IM students and 36 companies made offers to PGP-HRM 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 41 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.
PPOs at MDI
126 PPOs were made by 126 recruiters to MDI Gurgaon students.
Some of the top Recruiters in Placement 2020 at MDI Gurgaon included Nestlé, Tata Consumer Products Ltd, Asian Paints, Coca-Cola, ITC Ltd., L'Oréal, Marico, Eli Lilly, GSK Pharmaceuticals, Airtel, Godrej,Ninjacart, Amazon, Maersk, Uber, Tech Mahindra, Hinduja Group, JSW Group, Reliance Industries, Deloitte USI, McKinsey Digital, PwC, Aon Consulting, Hero MotoCorp among others
Diverse batch profile with 32% 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 around 32% women enrolling in the PGPM, PGP-HRM and PGP-IM programs.
- Academic Diversity: 38% batch is from Non-Engineering back ground
- Work Experience: Average work experience of the batch is 22 months
- High CAT percentilers: Average CAT percentile of the batch is 98.76
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 Sales & Marketing, Finance and General Management & Strategy function. MDI Gurgaon attributes this continuous success to its faculty and alumni whose backing and strong conviction led to one of the most successful Final Placements in the recent past
Sales & Marketing: 33% share in Placement
Sales and Marketing continued to remain the preferred option on campus and offered the highest number of job profiles to the students. FMCG stalwarts like Nestlé and Tata Consumer Products Ltd. were first time recruiters. Top FMCG companies such as Asian Paints, Coca-Cola, ITC Ltd., L'Oréal, Marico and Mars reinstated their faith in the talent of MDI. Big names in the Pharmaceutical sector such as Eli Lilly and Company, Fresenius Medical Care and GSK Pharmaceuticals strengthened MDI’s position in the Healthcare domain. Airtel and Godrej Industries Ltd. were major recruiters and revisited the campus with renewed enthusiasm.
Finance: 19% share in Placement
The BFSI sector witnessed prestigious companies offering coveted profiles such as Corporate Banking, Corporate Finance, Equity Research, Investment Banking and Wealth Management to students. Investment banking roles were offered by companies such as Goldman Sachs, HSBC STG, JPMorgan Chase & Co., Langham Capital and Nomura. The Finance function saw coveted recruiters such as Bank of America, Société Générale and State Street making offers. Banking and coveted treasury roles were offered by the recruiters such as Axis Bank, HSBC Bank, ICICI Bank, IDFC First Bank and YES Bank. Corporate finance roles were also offered by L'Oréal, Mahindra Comviva, Mars and OYO Rooms amongst others.
Operations & Technology: 23% share in Placement
Leading organizations such as Delhivery and Ninjacart were first time recruiters, while top companies like Amazon, Maersk GSC and Uber recruited for their coveted roles in the Operations domain. 23 companies made offers in this domain.
The HR program at MDI Gurgaon has also seen an exponential growth as reflected in placement 2020. Human Resources domain witnessed continued patronage from industry. Prominent recruiters this year in the Human Resources domain included Aditya Birla Group, Airtel, Amazon, ITC Ltd., Marico, OYO Rooms, Reliance Industries extending offers. MDI reinforced its position as the institute of choice for premier recruiters in the HR domain with participation by multiple new recruiters including Aon Consulting and Hero MotoCorp.
General Management & Consulting
General Management & Consulting function saw new engagement with Compass Group India and Tech Mahindra. Conglomerates such as Hinduja Group, JSW Group and Reliance Industries Ltd. reinstated their trust in MDI’s pool of talent. Top consulting firms such as Deloitte USI, McKinsey Digital and PwC US Advisory continued to offer key roles.
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)