MDI Gurgaon Placements 2023: Highest Package: INR 60 LPA
MDI Gurgaon Placements 2023: Highest Package: INR 60 LPA
Management Development Institute, Gurgaon is commonly known as MDI Gurgaon, is one of the top 10 Business schools in India. It has maintained an impeccable placement record. The institute assures a high ROI, wherein, the fee for the PGDM course (Flagship program) costs over INR. 23.47 LPA, and the average package bagged by its students usually ranges above INR. 20 LPA. MDI Gurgaon Placements 2023 has been concluded. MDI Gurgaon highest package stood at INR 60 LPA & MDI Gurgaon median package increased by 11.19% at INR 26.13 LPA. Students received 104 pre-placement offers. 102 recruiters including 21 new recruiters participated in MDI Gurgaon Placements 2023. Some of the top recruiters included Accenture, Amazon, Deloitte, EY, Infosys, KPMG, PwC, Tata Steel etc.
MDI Gurgaon Summer Placements 2023 final report has been released. According to the report, MDI Gurgaon highest stipend stood at INR 4 Lakhs per month & MDI Gurgaon average stipend stood at INR 2.32 Lakhs per month.
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Table of Content
- MDI Gurgaon Placements 2023 Report
- MDI Gurgaon Placements 2022 Function - Wise
- MDI Gurgaon Placements 2022 Industry - Wise
- MDI Gurgaon Placements 2022 Course - Wise
- MDI Gurgaon PGDM & PGDM IB Placements 2022
- MDI Gurgaon PGDM HRM Placements 2022
- MDI Gurgaon Placements Year - Wise Trends
- MDI Gurgaon Placements 2022 Top Recruiters
- MDI Gurgaon Placements 2022 Batch Profile
- MDI Gurgaon Summer Internship Placements 2023 Report
- MDI Gurgaon Alumni Network
- MDI Gurgaon Placements FAQs
MDI Gurgaon Placements 2023 Report
| Particulars | Placements Statistics (2021-23) | Placements Statistics (2020-22) |
|---|---|---|
| Number of recruiters | 102 | 87 |
| Number of new recruiters | 21 | 35 |
| Number of PPO | 154 | 131 |
| Total students | 472 | 391 |
| Highest salary | INR 60 LPA | INR 1.14 CPA |
| Average salary | - | INR 26.65 LPA |
| Median salary | INR 26.13 LPA | INR 24 LPA |
| Top 10% average salary | INR 43.02 LPA | INR 46.3 LPA |
| Top 25% average salary | INR 37.04 LPA | INR 37.9 LPA |
| Top 50% average salary | INR 32.29 LPA | INR 32.2 LPA |
| Major sector | Consulting | Consulting |
| Top recruiters | Amazon, Accenture, Deloitte, KPMG | Microsoft, Google, HCL, Adobe |
Also check MDI Gurgaon Admission 2023
MDI Gurgaon Sector Wise Analysis
As per the Information collected by Collegedunia, following is the sector wise analysis for the batch 2022 at MDI Gurgaon. The maximum number of students were placed in the Consulting & General Management sector (68) followed by IT & Operations (45).
| Sector | Number of Students Placed | CTC Range |
|---|---|---|
| Sales & Marketing | 36 | INR 17.3 - 34 LPA |
| IT & Operations | 45 | INR 16 - 50 LPA |
| BFSI | 41 | INR 14 - 31.5 LPA |
| HR | 38 | INR 17.2 - 34 LPA |
| Consulting & General Management | 68 | INR 14 - 35 LPA |
MDI Gurgaon Sales & Marketing Sector Placements
The following table represents the sales & marketing sector placements for the batch 2022 at MDI Gurgaon:
| Name of the Recruiter | CTC | Designation | Number of Students Placed |
|---|---|---|---|
| Asian Paints | 27-28 | Management Trainee | 4 |
| Godrej | 18-20 | Brand Manager | 2 |
| GSK | 22 | Management Trainee | 1 |
| Hexaware | 18 | NA | 0 |
| ITC | 28-32 | Marketing Assistant, Brand Manager | 2 |
| Johnson & Johnson | 25-27 | Management Trainee | 1 |
| Loreal | 23-25 | Management Trainee | 1 |
| MakeMyTrip | 30-34 | Product Manager | 6 |
| Marico | 22-24 | Management Trainee | 2 |
| Pidilite | 25-26 | Management Trainee | 2 |
| Reckitt | 30-32 | Management Trainee- Sales and Marketing | 2 |
| Samsung | 25.4 | Assistant Manager | 1 |
| Sony | 18-19 | Management Trainee- Product Management | 1 |
| Tata Play | 22.5 | Management Trainee | 3 |
| Tech Mahindra | 22-24 | Manager | 2 |
| Udaan | 20.57 + 16 Lacs ESOP | HR Business Partner | 3 |
| United Health | 17.37 - 26.20 | NA | 3 |
MDI Gurgaon IT & Operations Sector Placements
The following table represents the IT & Operations sector placements for the batch 2022 at MDI Gurgaon:
| Name of the Recruiter | CTC | Designation | No. of students Placed |
|---|---|---|---|
| Adobe | 30 | Product Manager | 1 |
| Amazon | 45-50 | Program Manager, Financial Analyst, HRBP | 13 |
| EXL | 16 | Assistant Project Manager | 1 |
| Flipkart | 27 | Business Management Trainee | 11 |
| HCL | 20-23 | Global Engagement Manager | 5 |
| Incture | 20-24 | Associate Account Manager | 1 |
| Indus Towers | 20 | Management Trainee | 3 |
| Magicpin | 25-40 | Product Manager | 1 |
| Media.net | 25-40 | Associate Product Manager | 1 |
| Microsoft | 40-45 | Account Executive | 1 |
| Jio | 25.05 - 28.86 | Product Manager | 3 |
| Sprinklr | 30 | Product Manager | 2 |
| Whatfix | 20-22 | Management trainee | 2 |
MDI Gurgaon BFSI Sector Placements
The following table represents the BFSI Sector placements for the batch 2022 at MDI Gurgaon:
| Name of the Recruiter | CTC | Designation | No. of students Placed |
|---|---|---|---|
| American Express | 24.2-31.5 | Assistant Manager | 7 |
| Axis Bank | 20.5 | Credit Manager | 3 |
| Barclays | 16-18 | Assistant Vice President | 1 |
| Citi | 20-22 | Analyst | 4 |
| D E Shaw | 32 | Analyst | 1 |
| Goldman Sachs | 14-23 | Research Associate | 3 |
| JPMC | 20-24 | Investment Banking Analyst | 6 |
| ICICI Bank | 18.2 | Credit risk analyst | 2 |
| IDFC First Bank | 19.2 | Manager- HR Digital Transformation | 4 |
| Max Life Insurance | 22 | Manager | 1 |
| Nomura | 20 | Investment Banking Analyst | 2 |
| PayU | 25.25 | Business Analyst | 3 |
| Tata AIA | 20 | Manager | 1 |
| Yes Bank | 20 | Product Manager | 3 |
MDI Gurgaon HR Sector Placements
The following table represents the HR Sector Placements for the batch 2022 at MDI Gurgaon:
| Name of the Recruiter | CTC | Designation | No. of students Placed |
|---|---|---|---|
| AON | 22 | Consultant | 4 |
| Asian Paints | 27-28 | HR | 2 |
| Cipla | 20-22 | M&Q HR Business Partner | 1 |
| Deloitte | 23.5-30.5 | Consultant | 6-7 |
| Flipkart | 27 | HRBP | 1-2 |
| 19-21 | Talent Acquisition, Program Manager | 2 | |
| Makemytrip | 30-34 | HRBP | 1 |
| PhonePe | 25-30 | Management Trainee | 4 |
| PWC | 20 | Management Consultant, US Advisory | 11 |
| Tata Play | 22.5 | Management Trainee | 3 |
| Tata Steel | 17.2 | HR Business Partner, Senior Manager | 2 |
MDI Gurgaon Consulting & General Management Placements
The following table represents the Consulting & General Management Placements for the batch 2022 at MDI Gurgaon:
| Name of the Recruiter | CTC | Designation | No. of students Placed |
|---|---|---|---|
| Accenture Strategy | 33 | Management Consultant | 17 |
| ACT Fibernet | 20-22 | Management Trainee | 1-2 |
| Aditya Birla Group | 25-27 | GLP | 4 |
| Axis Bank | 20.5 | Management Trainee | 2 |
| BCG | 33-35 | Senior Associate | 1 |
| Cognizant | 14-20 | Manager | 2 |
| Deloitte | 23.5-30.5 | Consultant | 12-15 |
| Everest Group | 26.7 | Strategic Research and Advisory, Senior Analyst | 6 |
| EY | 17.6 | Manager | 4 |
| ICICI Bank | 18.2 | Management Trainee | 2 |
| Infosys Consulting | 16.5 - 24 | Management Consultant | 3 |
| Mahindra Rise | 27-28 | GMC | 1 |
| KPMG | 22.5-24.8 | Assistant Manager | 3 |
| Quintics | 30 | Consultant | 1 |
| Reliance | 20-21 | Emerging leaders | 5 |
| Renew Power | 18-20 | Manager | 1 |
To know more click here MDI Gurgaon Cut off
MDI Gurgaon Placements 2022 Function - Wise
The below table shows the function-wise highlights of MDI Gurgaon Placements 2022:
| Functions | Number of offers | Highest salary |
|---|---|---|
| IT & Operations | 66 | 1.14 CPA |
| Consulting & General Management | 171 | INR 38.30 LPA |
| Sales & Marketing | 51 | INR 37.57 LPA |
| Human Resource | 58 | INR 37.57 LPA |
| Finance | 45 | INR 32 LPA |
During the 2022 placement drive, the highest number of offers came for the Consulting & General Management function but the highest salary came for the IT & Operations function.
The below table shows the function-wise top recruiters of MDI Gurgaon Placements 2022:
| Domain | Number of Offers | Highest Package (in INR LPA) | Companies |
|---|---|---|---|
| Sales and marketing | 31 | 35.57 | Asian Paints, Godrej, ITC Limited, Johnson & Johnson, L'Oréal, Marico, Microsoft, Pidilite Industries, Reckitt, Udaan, United Breweries Group |
| IT and operations | 66 | 114 | Amazon, Flipkart, Atlassian, Media.net, Microsoft, Sprinklr |
| Finance | 45 | 32 | Goldman Sachs, JPMorgan Chase & Co, Nomura, American Express, Axis Bank, Barclays, Citibank, D. E. Shaw and ICICI Bank |
| Human Resource | 58 | 35.57 | Aditya Birla Group, Google, JSW Group, Accenture Strategy, AON Consulting, Deloitte USI, Dr. Reddy’s Laboratories, Flipkart, Mahindra & Mahindra, PhonePe & PwC US Advisory |
| Consulting and General management | 171 | 38.3 | AccentureStrategy, Aditya Birla Group. Boston Consulting Group,Deloitte India, Deloitte USI, McKinsey & Company, PwC US Advisory, Hinduja Group and RelianceIndustries Limited |
Recruiters came from various domains like Sales & Marketing, Finance, IT & Operations, Human Resources, Consulting & General Management.
Also check MDI Gurgaon Ranking
MDI Gurgaon Placements 2022 Industry - Wise
The below table info-graph represents the industry-wise number of recruiters participating in MDI Gurgaon Placements 2022:
During the 2022 placement drive, the highest number of recruiters came from the Technology, Media & Telecommunication industry.
MDI Gurgaon Placements 2022 Course - Wise
The below table shows the course-wise highlights of MDI Gurgaon Placements 2022:
| Particulars | PGDM & PGDM IB | PGDM HRM |
|---|---|---|
| Number of recruiters | 77 | 28 |
| Average salary | INR 26.65 LPA | INR 23.80 LPA |
| Median salary | INR 24 LPA | INR 23.50 LPA |
| Major sector | Consulting (127 offers) | Consulting (30 offers) |
During MDI Gurgaon Placements 2022, PGDM & PGDM IB average salary was higher than PGDM HRM. PGDM & PGDM IB students received an average salary of INR 26.65 LPA & PGDM HRM students received an average salary of INR 23.80 LPA.
77 recruiters participated in PGDM & PGDM IB placement drive & 28 recruiters participated in PGDM HRM placement drive.
Consulting was the top sector for both the courses. 127 offers came during PGDM & PGDM IB placement drive & 30 offers came during the PGDM HRM placement drive.
MDI Gurgaon PGDM & PGDM IB Placements 2022
The below table shows the highlights of MDI Gurgaon PGDM & PGDM IB Placements 2022:
| Particulars | Placements Statistics (2020-22) |
|---|---|
| Number of recruiters | 77 |
| Average salary | INR 26.65 LPA |
| Median salary | INR 24 LPA |
| Major sector | Consulting (127 offers) |
During the PGDM & PGDM IB placement drive, 77 recruiters visited the campus. Most of the offers came from the Consulting sector.
Students received an average salary of INR 26.65 LPA. The median salary stood at INR 24 LPA.
Also check MDI Gurgaon Hostel
MDI Gurgaon PGDM & PGDM IB Placements 2022 Salary Statistics
The below table shows the salary statistics of MDI Gurgaon PGDM & PGDM IB Placements 2022:
| Particulars | Average salary | Median salary |
|---|---|---|
| Top 10 percentile | INR 48.17 LPA | INR 49 LPA |
| Top 25 percentile | INR 39.12 LPA | INR 35.57 LPA |
| Top 50 percentile | INR 33.03 LPA | INR 30 LPA |
- Top 10 percentile of the batch received an average salary of INR 48.17 LPA & a median salary of INR 49 LPA.
- Top 25 percentile received an average salary of INR 39.12 LPA & a median salary of INR 35.57 LPA.
- Top 50 percentile received an average salary of INR 33.03 LPA & a median salary of INR 30 LPA.
MDI Gurgaon PGDM & PGDM IB Placements 2022 Sector - Wise
The below table shows the sector-wise statistics of MDI Gurgaon PGDM & PGDM IB Placements:
| Sectors | Number of recruiters | Number of offers |
|---|---|---|
| Consulting | 9 | 30 |
| E-commerce | 5 | 8 |
| Automobile, Conglomerate, Energy, Logistics | 5 | 10 |
| Technology & Telecom | 4 | 5 |
| FMCG/FMCD | 2 | 2 |
| BFSI | 1 | 1 |
| Healthcare & Pharmaceuticals | - | 2 |
During the placement drive, the highest number of recruiters came from the Consulting sector followed by the E-commerce & Automobile, Conglomerate, Energy, Logistics sectors. Most of the offers also came from these sectors.
MDI Gurgaon PGDM HRM Placements 2022
| Particulars | Placements Statistics (2020-22) |
|---|---|
| Number of recruiters | 28 |
| Average salary | INR 23.80 LPA |
| Median salary | INR 23.50 LPA |
| Major sector | Consulting (30 offers) |
During MDI Gurgaon PGDM HRM Placements 2022, 28 recruiters visited the campus. Most of the offers came from the Consulting sector.
Students received an average salary of INR 23.80 LPA. The median salary stood at INR 23.50 LPA.
MDI Gurgaon PGDM HRM Placements 2022 Salary Statistics
The below table represents the salary statistics of MDI Gurgaon PGDM HRM Placements 2022:
| Particulars | Average salary | Median salary |
|---|---|---|
| Top 10 percentile | INR 32.24 LPA | INR 31.97 LPA |
| Top 25 percentile | INR 30.80 LPA | INR 30 LPA |
| Top 50 percentile | INR 27.72 LPA | INR 27.31 LPA |
- Top 10 percentile of the batch received an average salary of INR 32.24 LPA & a median salary of INR 31.97 LPA.
- Top 25 percentile received an average salary of INR 30.38 LPA & a median salary of INR 30 LPA.
- Top 50 percentile received an average salary of INR 27.72 LPA & a median salary of INR 27.31 LPA.
MDI Gurgaon PGDM HRM Placements 2022 Sector - Wise
The below table shows the sector-wise placement statistics of MDI Gurgaon PGDM HRM batch:
| Sectors | Number of recruiters | Number of offers |
|---|---|---|
| Consulting | 9 | 30 |
| E-commerce | 5 | 8 |
| Automobile, Conglomerate, Energy, Logistics | 5 | 10 |
| Technology & Telecom | 4 | 5 |
| FMCG/FMCD | 2 | 2 |
| BFSI | 1 | 1 |
| Healthcare & Pharmaceuticals | 2 | 2 |
During the 2022 PGDM HRM placement drive, the highest number of offers came from the Consulting sector. The highest number of recruiters also came from this sector.
Read: MDI Gurgaon News & Articles
MDI Gurgaon Placements Year - Wise Trends
| Particulars | 2020-22 | 2019-21 | 2018-20 | 2017-19 |
|---|---|---|---|---|
| Number of recruiters | 87 | 128 | 126 | 106 |
| Total students | 391 | - | 359 | 342 |
| Highest salary | INR 1.14 CPA | INR 44 LPA | INR 40.50 LPA | INR 40.79 LPA |
| Median salary | INR 23.50 LPA | INR 23 LPA | INR 22 LPA | INR 19.82 LPA |
During the placement drive of 2022, the following trends have been observed:
- The number of recruiters declined by 47.1% as compared to the previous year.
- The batch strength increased from 359 in 2020 to 391 in 2022.
- The highest salary increased from INR 44 LPA to INR 1.14 CPA.
- The median salary increased from INR 23 LPA to INR 23.50 LPA.
MDI Gurgaon Placements 2022 Top Recruiters
MDI Gurgaon Placements 2022 Batch Profile
The below info-graph represents the 2020-22 batch profile of MDI Gurgaon:
The 2020-22 batch comprised a total of 391 students, among which 79% were male students & 21% were female students. Most of the students had an Engineering background. 24% of the batch were freshers & rest of the students were experienced. Most of the students had experience in the IT/ITES, Analytics & Consulting, Manufacturing & Operations sectors.
MDI Gurgaon Summer Internship Placements 2023 Report
| Particulars | Internship Statistics (2020-22) | Internship Statistics (2021-23) |
|---|---|---|
| Number of recruiters | 86 | 85 |
| Number of new recruiters | - | 22 |
| Total Students | 292 | 358 |
| Maximum offers by a single company | - | 23 |
| Highest stipend | INR 4 Lakhs per month | INR 4 Lakhs per month |
| Average stipend | INR 2.07 Lakhs per month | INR 2.32 Lakhs per month |
| Median stipend | INR 2 Lakhs per month | INR 2.30 Lakhs per month |
| Major industry | - | FMCG/FMCD, Technology, Median & Telecommunication |
| Top recruiters | Nestle, Asian Paints, Marico, Goldman Sachs, Amazon | Accenture, Cisco, BYJU’s, Adani, EY, Flipkart, Google |
During MDI Gurgaon Summer Internship Placements 2023, 85 recruiters visited the campus. Among them, 22 recruiters were new. Major recruiters included Accenture, Cisco, BYJU’s, Adani, EY, Flipkart, Google etc.
A total of 358 students participated in the placement drive. Students received an average stipend of INR 2.32 Lakhs per month. The highest stipend stood at INR 4 Lakhs per month. The median stipend was INR 2.30 Lakhs per month.
MDI Gurgaon Summer Internship Placements 2023 Stipend Statistics
The below table represents the stipend statistics of MDI Gurgaon Summer Internship Placements 2023:
| Particulars | Stipend Statistics |
|---|---|
| Top 10% average stipend | INR 3.34 Lakhs per month |
| Top 25% average stipend | INR 3.14 Lakhs per month |
| Top 50% average stipend | INR 2.83 Lakhs per month |
| Top 75% average stipend | INR 2.57 Lakhs per month |
Average stipend stood at INR 3.34 Lakhs per month for top 10%, INR 3.14 Lakhs per month for top 25%, INR 2.83 Lakhs per month for top 50% & INR 2.57 Lakhs per month for top 75% of the batch.
MDI Gurgaon Summer Internship Placements 2023 Domain - Wise
The below info-graph shows the industry-wise number of recruiters participating in the 2023 summer internship placement drive:
| Domains | Number of recruiters |
|---|---|
| FMCG/FMCD | 18 |
| Technology, Media & Telecommunication | 16 |
| Conglomerate & Manufacturing | 15 |
| Consulting | 12 |
| BFSI | 11 |
| Healthcare & Pharmaceuticals | 8 |
| E-commerce | 5 |
During the placement drive, the highest number of recruiters came from the FMCG/FMCD sector followed by the Technology, Media & Telecommunication domains.
Also check MDI Gurgaon Q&A
MDI Gurgaon Summer Internship Placements 2023 Funcion - Wise
The below table shows the function-wise internship offers received during MDI gurgaon Summer Internship Placements 2023:
| Functions | Number of offers | Highest stipend |
|---|---|---|
| IT & Operations | 25 | INR 4 Lakhs per month |
| Sales & Marketing | 98 | INR 3.50 Lakhs per month |
| Human Resources | 94 | INR 3 Lakhs per month |
| Consulting & General Management | 95 | INR 3 Lakhs per month |
| Finance | 47 | INR 2.70 Lakhs per month |
During the 2023 summer internship placement drive, the highest stipend came for the IT & Operations function followed by the Sales & Marketing function.
MDI Gurgaon Summer Internship Placements 2023 Course Wise
The below table represents the course-wise statistics of MDI Gurgaon Summer Internship Placements 2023:
| Particulars | PGDM | PGDM HRM |
|---|---|---|
| Number of recruiters | 70 | 53 |
| Major sector | FMCD/FMCG | Technology & Telecom |
| Average stipend | 2.45 Lakhs per month | INR 2.08 Lakhs per month |
| Top 10 percentile average stipend | INR 3.45 Lakhs per month | INR 3.12 Lakhs per month |
| Top 25 percentile average stipend | INR 3.18 Lakhs per month | INR 2.92 Lakhs per month |
| Top 50 percentile average stipend | INR 2.91 Lakhs per month | INR 2.54 Lakhs per month |
| Median stipend | INR 2.40 Lakhs per month | INR 2 Lakhs per month |
| Top 10 percentile median stipend | INR 3.30 Lakhs per month | INR 3 Lakhs per month |
| Top 25 percentile median stipend | INR 3 Lakhs per month | INR 3 Lakhs per month |
| Top 50 percentile median stipend | INR 3 Lakhs per month | INR 2.50 Lakhs per month |
During the 2023 summer internship placement drive, more recruiters participated in the PGDM placement drive as compared to the PGDM HRM placement drive. Average salary & Median salary were also higher for the PGDM students than the PGDM HRM students.
MDI Gurgaon Summer Internship Placements 2023 Sector - Wise
The below table shows the sector-wise offers received during MDI Gurgaon Summer Internship Placements 2023:
| Sectors | PGDM | PGDM HRM |
|---|---|---|
| Consulting | 65 | 22 |
| FMCG/FMCD | 46 | 15 |
| BFSI | 44 | 12 |
| Healthcare & Pharmaceuticals | 25 | 14 |
| Automobile, Conglomerate, Energy & Logistics | 22 | 26 |
| E-commerce | 20 | 10 |
| Media & Telecom | 16 | 21 |
Consulting sector dominated the PGDM summer internship placement drive & Automobile, Conglomerate, Energy & Logistics sectors dominated during the PGDM HRM placement drive.
MDI Gurgaon Summer Internship Placements 2023 Top Recruiters
MDI Gurgaon Summer Internship Placements 2023 Batch Profile
The below info-graph shows the 2021-23 summer internship placements batch profile of MDI Gurgaon:
The 2021-23 batch comprised 66% male students & 34% female students. Most of the students had a background in Engineering. 29% of the students were freshers & rest of the batch were experienced. Most of the experienced students had experience in the IT/ITES sector, Manufacturing & Operations sectors.
MDI Gurgaon Alumni Network
| Name of the organizations | Number of alumni |
|---|---|
| Deloitte | 209 |
| Amazon | 200 |
| Accenture | 182 |
| Maruti Suzuki India Ltd | 179 |
| EY | 126 |
| Management Development Institute, Gurgaon | 119 |
| American Express | 114 |
| Tata Consultancy Services | 100 |
| 96 | |
| KPMG India | 95 |
| ICICI Bank | 93 |
| Flipkart | 81 |
| Cognizant | 76 |
| PwC | 65 |
| JP Morgan Chase & Co | 65 |
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MDI Gurgaon Placements FAQs
Ques. How was MDI Gurgaon Placements 2022?
Ans. During MDI Gurgaon Placements 2022, the highest salary of INR 1.14 CPA was received. Top 50% students received an average salary of INR 32.2 LPA. Top 10% average salary stood at INR 46.3 LPA & top 25% average salary stood at INR 37.9 LPA.The median salary stood at INR 23.50 LPA.
Ques. What was MDI Gurgaon highest package during its 2022 placement drive.
Ans. The highest salary stood at INR 1.14 CPA during MDI Gurgaon Placements 2022.
Ques. How was MDI Gurgaon Summer Internship Placements 2023?
Ans. During MDI Gurgaon Summer Internship Placements 2023, students received an average stipend of INR 2.32 Lakhs per month. The highest stipend stood at INR 4 Lakhs per month.
Ques. What was the average salary offered during MDI Gurgaon Placements 2022?
Ans. Top 50% of the students received an average salary of INR 32.2 LPA during MDI Gurgaon Placements 2022.
Ques. How many recruiters participated in MDI Gurgaon Placements 2022?
Ans. 87 recruiters participated during MDI Gurgaon Placements 2022. Among them, 35 were first-time recruiters.
Ques. Which recruiters participated during MDI Gurgaon Placements 2022?
Ans. Recruiters like Asian Paints, Axis Bank, HCL, Infoedge, Microsoft, Samsung, Flipkart, Amazon, Jio etc participated during MDI Gurgaon Placements 2022.
Ques. What was the top function offered during MDI Gurgaon Placements 2021?
Ans. Consulting & General Management was the top function as 171 offers were received for this function during MDI Gurgaon Placements 2021.
Ques. What was the highest stipend offered during MDI Gurgaon Summer Internship Placements 2023?
Ans. The highest stipend stood at INR 4 Lakhs per month during MDI Gurgaon Summer Internship Placements 2023.
Ques. What was the average stipend offered during MDI Gurgaon Summer Internship Placements 2023?
Ans. Students received an average stipend of INR 2.32 Lakhs per month during MDI Gurgaon Summer Internship Placements 2023.
Ques. What was the median stipend offered during MDI Gurgaon Summer Internship Placements 2023?
Ans. The median stipend stood at INR 2.30 Lakhs per month during MDI Gurgaon Summer Internship Placements 2023.
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MDI Gurgaon: 10 Answered Questions
What is the true average placement package in MDI Gurgaon?
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You should actually stop focusing so much on just average placements. My friend is a pass out of MDI Gurgaon and he says your admission to MDI is more than enough to grant you a high-paying job. So rest assured about that part and focus on what the program is teaching and gain as much knowledge as possible. Some highlights from the glittering life at MDI Gurgaon are
- You meet students from versatile backgrounds and cultures that add to the overall learning experience.
- The curriculum is so rigorous that it prepares you for the worse situations
- The initial months are pretty strenuous and you might find it hard to get a proper sleep
- The much-needed exposure to the corporate world is brought in by industry experts who conduct guest lectures that are very enlightening and interactive.
- Additional exposure is sought through corporate talks, live projects, and tech fests.
- The curriculum is designed in such a way that every student acquires the analytical skills to question and fulfills all the requirements of the corporate world.
- The course structure is updated regularly to cope with the ever-changing external requirements
- The B Schools have an elaborate lush green campus and enjoy easy access through Metro.
All these aspects are as important as placements so considering only average placements is not enough to judge a certain college. Change your primary focus from placements to learning. Being a top 10 school, I am sure MDI Gurgaon won’t disappoint you.
Is the average package at MDI Gurgaon really 18 LPA?
The following are the average salary trends observed during MDI Gurgaon placements over the last three years:
| Particulars | Salary Package |
| Average Package (2022) | INR 22.05 LPA |
| Average Package (2021) | INR 23.15 LPA |
| Average Package (2020) | INR 26.2 LPA |
The creators of the placement reports have the liberty to ensure that the maximum earning potential is considered. This is a competitive event that all B schools participate in. This practice, however, would not significantly alter the data because the variable component is typically around 10% of the overall CTC.
It is also worth noting that the relationship between opportunity and pay is not a straight line. Candidates frequently accept lower pay because the opportunity matches their interests and needs.
How much do the top B-schools like the IIMs FMS, MDI, XLRI, SP JAIN, JBIMS, IIFT, and NITIE inflate their placement reports?
In the placement process, it is not always the B-Schools that are responsible for reporting inflated packages, but rather the companies. The figure reported by placement cells is referred to as the "Cost to Company" (CTC) and not the take-home salary. This means that simply dividing the CTC by 12 is not an accurate reflection of what you will receive in your bank account each month.
CTC consists of two main components: fixed and variable. The fixed component includes your basic salary, HRA, TA, LTA, employer's contribution to the provident fund, joining bonus, retention bonuses, and ESOPs. The variable component is based on both your performance and the company's performance and is paid out in lump sums either yearly or half-yearly.
Your take-home salary at the end of each month is calculated as basic salary + HRA + TA + other allowances - provident fund deduction - tax. The remaining amount is given to you at the end of the year. To illustrate how companies may inflate their CTC figures, here are a few examples:
- Amazon:
Fixed component: 9 lakhs
Year 1 end retention bonus: 2 lakhs
Year 2 end retention bonus: 1.5 lakhs
ESOP: 5 lakhs to be paid over 3 years
Performance bonus: separate/not reported CTC: 17.5 lakhs
Take-home salary: 65-70k
- Goldman Sachs:
Fixed component + Variable component: 14.5 lakhs
Relocation: 2,00,000 INR (one-time payment)
Supplemental Salary: 3,50,000 INR (supplemental salary is an accrued bonus paid out in monthly installments pro-rated from the date of joining, only applicable during the first year of joining)
CTC: 20 lakhs
Take-home salary: 95-98k
- RBS India Development Center (Royal Bank of Scotland back-end):
Fixed component: 9 lakhs
Variable component: 10-20% of a fixed component
CTC: 10.8 lakhs
Take-home salary: 65-68k
As seen from the examples, despite Amazon having a CTC that is double that of RBS IDC, their take-home salary is the same. This is the typical way it works. The placement teams likely do not have much control over the process.
Should I go for MDI Gurgaon, if I am already earning 7lpa keeping in mind the fees, and are the placements good enough to cover my opportunity cost for the 2 years?
If you are already earning a salary as high as INR 71 LPA, I don’t think an MBA from MDI Gurgaon will do you any good. If you have decided on going for an MBA nevertheless, target the top B Schools like IIM A, IIM B, IIM C, XLRI, FMS, or IIM L. Choosing MDI for MBA is recommended only if you have offers from average B Schools like new IIMs, SPJIMR, NITIE, etc.
So first you need to get maximum calls from the top B Schools only then can you make a wise and informed decision.
How do I get a package of 30 lakhs in the field of marketing, post MBA from IIMA/B/C, FMS, MDI, SPJIMR, and IIFT?
While many may shed their philosophies on how getting a high package should not be your ultimate goal and stuff, I am here with a different opinion. When you are investing a huge amount of money it is only right to expect a greater monetary benefit and a better lifestyle. So I have mentioned some techniques that will help you land a package of 30 LPA specifically in the field of marketing post-MBA from IIM ABC, FMS, MDI, SPJIMR, and IIFT.
- The first thing you need to do is lower your expectations as no marketing placements offer a package higher than 25 LPA. These highest offers are made by top firms like Reckitt Benckiser, HUL, P&G, and Asian Paints.
- You need to figure out what you really are after, a good marketing role or a high-paying job. If you are after the latter I suggest you go for big consulting firms like Mc Kinsey, BCG, or investment banks that offer 30+ LPA.
- But if it is the marketing role you are after, then make sure your resume reflects your marketing enthusiasm. This will further increase your chances of selection.
- Performing well in the competitions conducted by your desired company is another way to get a high-paying job.
- If the Final Placements are your last resort then make sure you have a stable and excellent CGPA. Many companies consider this factor while shortlisting.
These points will help you get your dream job but cannot necessarily guarantee it. It all ultimately depends on your efforts and obviously your luck.
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.
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.
Does MDI Gurgaon provide placement assistance to its FPM students?
The MDI Gurgaon FPM program is structured in such a way that its students are given access to the corporate world owing to their constant commitment to research.
FPM students assist their guide and professors with their consulting assignments allowing them access to many corporations. You might be surprised to know that many firms come to MDI Gurgaon to seek help and consultation from MDI research students. This is done in the form of research assignments and live projects. This becomes possible because their curriculum and research methodologies are designed in such a way. This helps them to conduct elaborate research, understand the industry better and work on relevant industry-related issues.
In a nutshell, MD Gurgaon FPM students do not require placement assistance from a placement committee.
Which is the best among IIM Lucknow, Kozhikode, FMS and MDI (mainly in terms of placement and learning)? Commerce background with good academic background and 3 years experience.
Having read some reviews online about IIM Lucknow, IIM Kozhikode, FMS, and MDI, here are some things I got to know which might be useful to you.
- IIM Lucknow and IIM Kozhikode both are older brands. They have a proper recruiter base, alumni network, campus life, infrastructure, and better placements.
- FMS also offers low-cost and decent placement facilities, but students of FMS claim to have no campus life and any eventful experience.
- MDI is considered to be decent. Thankfully they have a better and more happening campus life, unlike FMS. Bain Capability Network recruits at MDI while Bain & Co. go to the other mentioned colleges.
So the order of preference would be IIM Lucknow > IIM Kozhikode > FMS > MDI. This is as per the major rankings including Times B-School categorization. So select the one that matches most of your interests.
How are internship and placement opportunities for GEM freshers at MDI Gurgaon?
The internship opportunities for GEM freshers or any student depend on
- The organization offering internships
- And the roles offered
Most companies only consider past academics while shortlisting students. However, some companies have specialized criteria. For instance, a consulting firm prefers work experience that too in a similar domain. Top firms in the Finance sector like JPMC and Goldman Sachs prefer CAs or students with Finance backgrounds.
So we can conclude that although there is no specific distinction between GEM and other students, freshers do get an upper hand in Marketing and Sales roles. A lot of opportunities are there so don’t lose hope.
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Aditya Birla Group | Amazon | Cognizant | Ernst & Young |
| Flipkart | Johnson & Johnson | JP Morgan Chase & Co. | Reliance Industries Limited [RIL] |
| Wipro | Boston Consulting Group | Goldman Sachs | |
| ITC | Samsung | American Express | Bajaj Auto |
| Hindustan Unilever Limited | Honeywell | Philips | Reckitt Benckiser (I) Pvt. Ltd |
| Glaxo Smithkline Consumer Ltd (GSK) | Nestle India | Airtel | Michael Page |
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