MDI-GURGAON

PLACEMENTS AT MDI-GURGAON

The class of 2006 at the Management Development Institute, Gurgaon has set new standards of achievement by attracting leading companies from India and abroad during the placement process that concluded recently.

This year marks a significant milestone for MDI, with the passing out of the first batch of 52 students specializing in Human Resource Management. The fact all of these students were placed in record time with some of the most renowned names from the corporate world reflects favourably on MDI’s standing as an institute of quality learning. A total of 57 leading companies courted the 174 students with a wide range of profiles. The fight to attract some of India ’s leading minds led to the highest domestic salary of Rs.12.35 lakhs. The mean salary at the institute rose to Rs. 9.1 Lakhs, a stupendous rise over the previous year’s figure of Rs. 8.32 Lakhs. The mean domestic salary offered this year was Rs. 8.61 Lakhs. Similarly, the average salary for the inaugural HR batch stood at an impressive figure of Rs. 8.03 Lakhs., with a median figure of Rs. 7.75 Lakhs.

The job profiles on offer spanned all the major functional areas like corporate finance, private banking, sales and distribution, HR consulting, IT etc. Recruiters from the Finance and Banking sector included the likes of Deutsche Bank, Goldman Sachs, J.P.Morgan, ICRA, GE, DSP Merrill Lynch, UTI Bank and ICICI. Nearly 29 % of the PGPM batch secured an offer with a Finance profile. Reflecting the growing strength of the Indian IT industry, the major names in IT came on campus to recruit a large chunk of students. IBM, Infosys, Wipro, Patni and HCL were among the major recruiters from the IT industry.

MDI’s standing in the marketing domain was reinforced by the likes of ITC, Godrej and Boyce, Reckitt Benckiser, the Aditya Birla Group and Nestle, who recruited nearly 46% of the batch for both marketing as well as sales profiles.

With a sizable proportion of the batch strength having prior work experience, a large number of candidates participated successfully in the lateral placement process, with companies like Bristlecone Consulting, Atos Origin, Accenture, HP and Mercer among the prominent recruiters. Reflecting the institute’s growing international stature, foreign placements at MDI touched a new high. Prominent recruiters were Olam International, the Sharaf group of Dubai , Deugro and the Jumbo group . The highest international salary was Rs. 28.87 Lakhs.

The success of the students is reflected in the festive atmosphere prevailing in the MDI campus. Faculty and students alike are elated, and are confident that the results go to reaffirm MDI’s standing among the premier Business Schools of the country. The surging demand for the talent emerging from the portals of this institution is only likely to increase in the years to come.