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Is it better to join NMP at MDI Gurgaon or continue with your double figures salary package?
MDI EMBA is definitely a good choice if you want to pursue EMBA for
- Acquiring knowledge
- To start your own business
- If you are joining the course on a sabbatical
But if you are here just for placement within India, then go for ISB only.
It’s sad to admit that even today Indian Corporates haven’t understood the importance of EMBA as most companies prefer MBA graduates only. They specifically enquire if their MBA program was a 2-year program or a regular MBA.
But ISB’s 1-year executive Management Course along with ISB brand name has been deemed equal in importance by the Indian Corporates to a full-time 2 year MBA. This is despite the fact that many students of the regular MBA program have 3-5 years of experience which is not uncommon even amongst many of the 2-year MBA programme students. EMBA from any other Institute is considered as candidates with a lot of experience which is not true in all the cases.
How are HR summer placements at MDI Gurgaon? What is the average stipend received and what are the profiles offered?
You will be glad to know that the MDI HR batch gets placed much earlier than PGDM. This is because the batch is smaller than the number of visiting companies and hence all the students are placed within no time.
My friend was in MDI Gurgaon HR program and shared the summer placements scenario with me. Packages: 58 students were offered decent packages with the Highest CTC standing at INR 35.57 LPA. In fact the last candidate also got 85000/- month.
Profiles: Profiles vary from consultants to Corporate HR and Plant HR roles. Around 30 students are placed in consultant roles.
Companies visited: The big names that visited MDI Gurgaon for HR placements were Aditya Birla Group, Google, JSW Group, Accenture Strategy, AON Consulting, Deloitte USI, Dr. Reddy’s Laboratories, Flipkart, Mahindra & Mahindra, PhonePe & PwC US Advisory.
All the top B-School competitions for HR are open for 3 colleges only namely Xl, TISS, and MDI. MDI students have won many such competitions and shone the name of the institute. Without any doubt it is one of the best B Schools in the country and its placements are a testament to that.
How is the career graph of an HR graduate from MDI gurgaon?
MDI Gurgaon is one of the elite B Schools of India that offers post graduation programs such as
- PGPM
- PGP HRM
- PGP Energy Management
- PGP in International Management
- PGP in PPM
The table below shows the placement statistics of the MDI Gurgaon PGP-HR program
|
Particulars |
Statistics |
|
Number of offers |
58 |
|
Highest CTC |
INR 35.57 LPA |
|
Top Recruiters |
Aditya Birla Group, Google, JSW Group, Accenture Strategy, AON Consulting, Deloitte USI, Dr. Reddy’s Laboratories, Flipkart, Mahindra & Mahindra, PhonePe & PwC US Advisory |
How long did it take you to recover the fees paid for PGPM of MDI Gurgaon?
I asked a friend about the time it took him to pay back the loan he had taken to pursue PGDM at MDI Gurgaon. An estimate revealed 5-7 years. However this is subject to change as not everyone receives the same package.
Currently, MDI Gurgaon PGDM fees is ?23.47 Lakhs. On comparing this with the average package INR 26.65 LPA, we can say that the fees can be easily paid within 5 years time considering the interest and additional expenses.
But tell me is getting an equivalent package the only way to recover the fees. Is it not recovered through the knowledge you have gained, the various experiences and the gateway to success. One can never repay back the fees in reality.
Should I go for a PGPM in MDI Gurgaon or for IIM L ABM?
Go for the IIM Lucknow ABM program only if you are sincerely inclined towards agri. If not then choosing ABM will limit your career prospects considerably and you might even regret it later.
MDI Gurgaon PGDM is one of the oldest programs that have great value. MDI Gurgaon can easily be called the country’s best B School. The admissions are solely based on merit so the quality of your peers is top-notch. Some major highlights of the institute and its PGDM program are
- Experienced permanent faculty
- Student-driven clubs
- Student-driven Mutual Fund
- Elaborate alumni network
- Lush green campus
- Excellent peer learning
So you will not regret choosing MDI even over IIM Lucknow.
Does MDI Gurgaon reject people with CAT 99+ percentiles, after average GD-PIs?
First of all the candidates need to discard the misconception that a certain fixed type of profile will guarantee their admission to MDI Gurgaon. In reality, people get rejected even after excellent CAT scores and good profiles. The reasons pertaining to every individual's rejection or selection are subjective and cannot be generalized. Mostly the interview, which is the final step, determines if the candidate is fit for the PGDM program or not. It might be possible that the panelists don’t find you fit for their program and reject you. Or some people are rejected from a certain regular program for the sole reason that they are fitter for the Executive program. So I cannot answer your question objectively as there are no fixed criteria for the same.
What do I choose between SP Jain (in finance specialization) and MDI Gurgaon, if one is not sure of the specialization?
Both S Jaim and MDI Gurgaon are highly-ranked colleges. So choosing the colleges can be made easier by referring to the general placement statistics of both institutes.
|
Particulars |
MDI |
SP Jain |
|
Number of Recruiters |
87 |
116 |
|
Highest CTC |
INR 1.14 CPA |
INR 61.5 LPA |
|
Average CTC |
INR 26.65 LPA |
INR 29.5 LPA |
|
Top Recruiters |
Microsoft, Google, HCL, Adobe |
Accenture, Amazon, Microsoft |
MDI Gurgaon Placements 2022 saw the participation of 87 recruiters. Among them, 35 were first-time recruiters. Major recruiters included Asian Paints, Axis Bank, HCL, Infoedge, Microsoft, Samsung, Flipkart, Amazon, Jio & many more. The participating batch comprised a total of 391 students. Students received 131 pre-placement offers.
During SPJIMR Placements 2022, 75 recruiters visited the campus. Some of the top recruiters are Accenture, Aditya Birla Capital, Amazon, American Express etc. PGDM students 123 PPOs/PPIs. The highest salary offered was INR 53.16 LPA. The average salary of PGDM students was INR 32.06 LPA.
In terms of placements, MDI Gurgaon fares better than SP Jain although the difference between the two is not notable.
How good is MDI, Gurgaon for specialization in Finance?
MDI Gurgaon has been consistently ranked amongst the best B Schools in India and has become one of the most coveted B Schools in India. MDI Gurgaon maintains a good placement record over years. The institute has recently released the final report of the 2022 placement drive. According to the report, there was an increase of 12.57% in the average salary. The top 50% average salary stood at INR 32.2 LPA. The highest salary offered was INR 1.14 CPA which increased by about 159% as compared to the previous year. The median salary stood at INR 23.50 LPA.
This year saw a considerable increase in the number of companies offering profiles to students in the Finance domain. Some companies that offered Investment Banking roles are
- Goldman Sachs
- HSBC STG
- JPMorgan Chase
- Nomura
Niche roles were offered by Private Equity firms such as
- The Chesapeake Group
- American Express
- Axis Bank
- Citibank
- Bank of America
- HSBC
- ICICI Bank
- Religare
- SBI Capital Markets
- Standard Chartered
- Synergy Consulting
With so many big names from the Finance sector visiting the campus we can deem MDI Gurgaon as quite a good choice for specialization in Finance.
What are the placement prospects for a NMP program from MDI Gurgaon?
The NMP program of MDI is a well-known program that was initiated in the year 1988. The program is best suitable for Young Managers. Coming to the placement part, most of the students choosing this program are sponsored by the company they were working at and hence have to join back their company once their program is completed.
The general placements are also decent with around 70% placement percentage. But placements depend mostly on the knowledge gained and implemented in your job. Your performance throughout the program determines your placement.
Is the MDI Murshidabad worth joining keeping in mind the brand tag of MDI Gurgaon and is the highest package mentioned in report inflated? Can we trust their reports?
This answer is based on the experience of a friend who completed her MBA from MDI Murshidabad. The points of comparison between MDI Gurgaon and MDI Murshidabad are mentioned below
- The curriculum is almost similar to the pedagogy adopted is also very similar
- Most of the faculty is from MDI Gurgaon, IIM Calcutta, IIM Shillong, and other prominent B Schools
- The infrastructure and facilities are decent enough to meet the requirements of a B School.
- The institute provides a decent digital base that has major databases that helps in conducting basic research related to industry and academics. Yet this library is not as fast as MDI Gurgaon.
- Comparing the placements is not justifiable as the duration of establishment is highly varied. But a general view ensures that MDI Murshidabad is going as per the trends in the industry.
- Many national and international companies approached MDI Murshidabad students with decent job offers.
Be it a B School of the MDI family or the IIM family, it’s your efforts that enable you to get successful. Being serious about learning and having the desire to do better helps develop a better business sense which is in dearth these days.
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