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Which is better: IIM Ranchi or MDI Gurgaon?
MDI Gurgaon is better than IIM Ranchi. In terms of placements and alumni base, there are significant differences between these two institutes. MDI is an older B-School with a well-developed alumni network. The brand name of MDI is widely reputed in the industry.
It has a stellar placement record. Around 87 recruiters took part in MDI Gurgaon placements in 2022. The median CTC offered this year was INR 23.50 LPA. While the highest CTC offered was INR 1.14 CPA. Google, Adobe, HCL, and Microsoft were the major recruiters that took part in the placement drive.
Is MDI Gurgaon better than IIM Lucknow?
MDI Gurgaon is better compared to IIM Lucknow. The student crowd is more competitive at MDI. Located at the heart of Gurgaon, it also has a huge locational advantage. Due to the locational benefits, getting live projects, off campus placements and internships are easier.
MDI Gurgaon placements 2022, witnessed the highest CTC of INR 1.14 CPA. The median CTC offered this year was INR 23.50 LPA.
Is MDI Gurgaon worth spending 16 lacs in fees?
If your priority is good placement opportunities and an excellent alumni network, Management Development Institute (MDI), Gurgaon is a good option to consider. MDI was established in collaboration with several global institutions like UNDP, UNIDO, World Bank, and ILO, with initial support from KfW, West Germany, and IFCI. MDI is the first business school in India to receive accreditation from the Association of MBAs (AMBA). The faculty at MDI is of high quality, and there is an excellent learning culture, which gives you plenty of opportunities to enjoy your time while studying.
If you are searching for the best B-school in India in terms of placement, ROI, infrastructure, alumni network, faculty, and other factors, MDI Gurgaon always ranks between 5 to 10. Other top-ranked B-schools in India include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI, SPJIMR, IIM K, IIM I, SJMSOM IIT Bombay, and many others.
If you are searching for B-schools ranked by placement, the top schools include IIM A, IIM B, IIM C, FSM Delhi, SPJIMR, MDI G, XLRI, IIFT, IIM K, and NMIMS Mumbai. By considering your priorities and looking at various rankings and factors, you can make an informed decision about which B-school is the best fit for 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.
What percentile should I score in CAT (GEM) to have a fair chance for IIM ABCLKIS, MDI, FMS, SPJIMR, and NITIE provided I have 95% in both 10th, 12th and 8.7 CGPA in BTech (fresher)?
To increase your chances of getting a call from different MBA colleges, it's important to know their criteria for selection.
- IIM Indore focuses primarily on academic scores.
- MDI doesn't consider academic scores but may grill candidates for low scores.
- Bangalore looks for both academics and work experience.
- Calcutta typically gives out calls to candidates with very high percentiles.
- Ahmedabad looks for academic diversity.
- SPJIMR considers your overall profile and academics.
- Kozhikode focuses on gender diversity and requires a very high percentile score.
- Shillong and NITIE typically call candidates with scores around 97, but NITIE has a higher cutoff for VARC.
- For Bangalore, a fresher may need a score of around 99.8-99.9, and with work experience, a score of around 98.8 may suffice.
- For Kozhikode, aim for a percentile score of 99.9 or above.
- FMS typically calls candidates with a score of 99.3 but aims for a score of 99.6 to increase conversion chances.
What is the admission process and eligibility for the MDI Gurgaon?
To get admission into Management Development Institute (MDI), the first step is to take the Common Admission Test (CAT) exam. You are eligible to write CAT if you have a recognized bachelor's degree (or professional degree like CA, CS, or ICWA) and have scored an aggregate of 50% (45% for SC/ST and PWD students). Even students in their final year of a bachelor's degree can write the CAT exam.
The admission process at MDI consists of two stages. In the first stage, candidates are shortlisted for interviews based on their CAT score. In the second stage, a Personal Interview (PI) is conducted, and the final selection list is made based on the CAT percentile, Personal Interview, and Application score, which includes X, XII, Academic Diversity, Gender Diversity, and Work Experience.
The weightage for the CAT score in the final selection is 55%, which means a good CAT score boosts the chances of getting selected for the MBA program at MDI. To help you prepare for CAT, MDI offers free resources that can help you understand their pedagogy better, such as three free CAT mocks, one test on each topic (VARC, DILR, Quant) every day, the formula PDFs for all Quant topics for CAT, around 25 solved previous papers of CAT, and a CAT Percentile Predictor.
If you are aspiring to get into MDI, it is important to score well in CAT and prepare well for the Personal Interview.
What is the sufficient score in the GMAT to get into MDI Gurgaon or SPJIMR Mumbai?
SPJIMR and MDI Gurgaon are highly reputed B-schools in India. To get into these colleges, you will need a GMAT score between 680-700 or a minimum of 97%tile in CAT/XAT for SPJIMR, Mumbai, and 95%tile in CAT for MDI Gurgaon.
Apart from good test scores, you should also have a strong academic background, active participation in extracurricular activities, notable achievements, and relevant work experience. For SPJIMR, you should aim for at least 80 %tile overall in all sections.
Once you meet the eligibility criteria, you will have to go through the GDPI (Group Discussion and Personal Interview) round.
If you are considering applying to SPJIMR or MDI Gurgaon, career counseling experts can help you navigate the admission process and provide guidance and support at every step, from filling out the application to making informed choices.
How will MDI Gurgaon be as a brand in the future compared to IIM?
MDI Gurgaon is considered at par with some and better than most of the IIM. Here are some reasons why:
- Improved Admission Process: MDI has improved its admission process over the years. Earlier, CAT scores were given more weightage, but now the institute has realized that it cannot be the sole selection criteria. More weightage is given to other parameters such as work experience, diverse industry experience, etc. This has improved the quality of incoming batches by leaps and bounds.
- Location: The institute is located in Gurgaon, which is a well-known business hub. This gives the institute an advantage in terms of industry connections and placement opportunities.
- Other successful programs: MDI offers a successful dedicated PGPHR program that ensures better industry contacts with people who really matter, in campus recruitment exercises. The institute also offers a lot of government-related programs, which help in establishing quality industry contacts and frees them from the burden of abiding by ever-changing HRD ministry moods and tantrums.
- Faculty: MDI has a large and experienced faculty. The institute delivers in terms of both numbers and quality. Gurgaon as a location again helps in terms of retiring with a career in academia and still staying in an urban setup, along with giving access to some quality consulting assignments.
However, MDI also struggles against issues like archaic institutional management practices, lack of modernization in terms of infrastructure, etc. These are common problems faced by most of the good institutions in the country. Despite these challenges, MDI has managed to establish itself as one of the top B-schools in India, and its reputation continues to grow.
Is it possible to get into MDI Gurgaon with around a 96 percentile in the CAT with the following academic credentials a 76 in class X a 68 in class XII a 61 in graduation?
MDI Gurgaon will send you a call if you score above the sectional cutoff and 95+ percentile overall in the CAT exam. However, for the final selection, past academics are also considered. If your past academics are not strong, it may decrease your composite score. But, if you get a good percentile in CAT, that can compensate for your past academic performance and increase your chances of converting the call.
Additionally, it is crucial to smartly justify the reason for your average academic performance during the interview. If you were active in extracurricular activities, won competitions, or had any other significant achievements, these will act as positive points for you and help you stand out.
The interview process, which includes Personal Interview (PI), Written Ability Test (WAT), and Group Discussion (GD), has a 30% weightage in the final selection process. Past academics and other factors are given a 15% weightage. CAT percentile has the most significant weightage of 55%.
In summary, you may receive the call at the mentioned percentile, but to convert it, you must prepare well for the interview and present yourself in the best possible way, highlighting your strengths and addressing any weaknesses.
Does MDI Gurgaon look into past academic background or work experience?
MDI's shortlisting process for the PGP 19-21 batch primarily considered CAT percentiles, and in a few cases, past academic scores.
Once you're shortlisted, the interview process at MDI is a two-part process. Firstly, the interviewer will emphasize anything and everything on your CV, starting with testing some basic concepts from your previous education. They will also test the basic foundations of the kind of work you have done.
The second part of the interview is an overall conversation about why you wish to pursue an MBA (PGDM in technicality) and what you plan to do in the next 3, 5, or 20 years. This is where you need to have a compelling story from your past and knit it with how you can make an impact after graduating from MDI.
Your ability to build your story and showcase how an MBA will help you achieve your long-term career goals will be critical in this part of the interview. So, be sure to prepare well and highlight your strengths and achievements to leave a lasting impression on the interviewers.
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