MDI Gurgaon Placements 2024: Highest Package: INR 63.3 LPA & Average Package: INR 25.5 LPA

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MDI Gurgaon Placements 2024: Highest Package: INR 63.3 LPA & Average Package: INR 25.5 LPA

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Written By Collegedunia Team 

MDI Gurgaon Placements 2024 has been concluded. The highest package stood at INR 63.3 LPA whereas the average package stood at INR 25.5 LPA for the 2024 batch. Some of the top recruiters included ICICI Bank, Cognizant, Virtusa, Wipro etc.

MDI Gurgaon summer internship placements 2025 is also concluded. A total of 114 recruiters visited to provide internship opportunities to 465 students. MDI Gurgaon highest stipend was INR 4.70 lakh and the average stipend was INR 2.42 lakhs for the 2-month internship. 

MDI Gurgaon Placements 2024 Report

  • 63% of the students have been placed on-campus.
  • 17% of the students have beeen placed through outside placements or lateral placements.
  • 12% of the students returned to previous organization
  • 8% of the students students’ placements results are yet to come.
Particulars Placement Statistics (2024) Placement Statistics (2023)
Number of recruiters 155 102
Number of new recruiters 89 21
Number of PPO 202 154
Total Students Placed 556 472
Maximum Offers by a Single Company 56 55
Highest Package INR 63.3 LPA INR 60 LPA
Average Package INR 25.5 LPA INR 27.67 LPA
Median Package INR 24.2 LPA INR 26.13 LPA
Top 10% Average Package INR 42.5 LPA NA
Top 25% Average Package INR 35.5 LPA NA
Top 50% Average Package INR 31 LPA NA
Major sector Telecom & Media, Consulting Consulting & BFSI
Top Recruiters  ICICI Bank, Cognizant, Virtusa, Wipro Adidas, Trident Group, Accenture Strategy, Aditya Birla Group, Deloitte

MDI Gurgaon Placements 2024 PGDM & PGDM IB

MDI Gurgaon PGDM & PGDM IB Average Package & Median Package is as follows:

Particulars Average Package Median Package
Top 10% INR 44.18 LPA INR 38.64 LPA
Top 25% INR 36.96 LPA INR 35.94 LPA
Top 50% INR 32.18 LPA INR 30 LPA
Entire Batch INR 26.18 LPA INR 25 LPA

Sector-wise offers and number of recruiters for PGDM & PGDM IB program is tabulated below:

Sectors Offers Made Number of Recruiters
Telecom & Media 26% 41
Consulting 24% 10
BFSI 21% 23
Conglomerates 11% 22
FMCG / FMCD 10% 20
Healthcare & Pharmaceuticals 4% 7
E-Commerce 4% 2

MDI Gurgaon Placements 2024 PGDM HRM

MDI Gurgaon PGDM HRM Average Package & Median Package is as follows:

Particulars Average Package Median Package
Top 10% INR 33.03 LPA INR 32.98 LPA
Top 25% INR 29.33 LPA INR 27.90 LPA
Top 50% INR 27.17 LPA INR 25.95 LPA
Entire Batch INR 23.33 LPA INR 24 LPA

Sector-wise offers and number of recruiters for PGDM HRM program is tabulated below:

Sectors Offers Made Number of Recruiters
Consulting 38% 12
Conglomerates 30% 17
Telecom & Media 13% 6
FMCG / FMCD 9% 6
BFSI 6% 6
Healthcare & Pharma 3% 3
E-Commerce 1% 1

MDI Gurgaon Average Package 2024

MDI Gurgaon average package decreased from INR 27.67 LPA in 2023 to INR INR 25.5 LPA in 2024. You can the average package trend of MDI Gurgaon in the below table:

Placement Year Average Package
2024 INR 25.5 LPA
2023 iNR 27.67 LPA
2022 INR 26.65 LPA
2021 INR 23.15 LPA
2020 INR 22.05 LPA

MDI Gurgaon Highest Package 2024

MDI Gurgaon highest package stood at INR 63.3 LPA during the recent placement drive of 2024. The below table shows the year-wise highest packages of MDI Gurgaon:

Placement Year Highest Package
2024 INR 63.3 LPA
2023 INR 60 LPA
2022 INR 1.14 CPA
2021 INR 44 LPA
2020 INR 40.50 LPA

MDI Gurgaon Function-Wise Highest Package 2024

MDI Gurgaon function-wise highest package for the batch of 2024 is as follows:

Function-Wise Highest Package
Sales & Marketing INR 60 LPA
IT & Operations INR 63.4 LPA
Finance INR 36.6 LPA
Consulting & General Management INR 60 LPA
Human Resources INR 36.3 LPA

MDI Gurgaon PGDM-BM (Executive) Placements 2024

  • The PGDM-BM batch 2024 had a total of 29 students, which included 5 sponsored candidates.
  • Only 24 students were eligible for the 2024 placement drive and around 63% of the students were placed. 
  • The highest package of the PGDM-BM students was INR 35 LPA and the average package was INR 24.21 LPA.

The placement report of the executive PGDM-BM program is mentioned below:

Particulars Placement Statistics 2024 Placement Statistics 2023
Batch Size 29 31
Sponsored Students  5 5
Self-Sponsored Students (Eligible for Placements) 24 26
Percentage of Students Placed Successfully on Campus 63% 80.8%
Percentage of Students Opted out of Placement Process NA 11.5%
Percentage of Students who sought Placement outside of Campus 17% 3.8%
Highest Package INR 35 LPA INR 43.92 LPA
Average Package INR 24.21 LPA INR 24.46 LPA
Median Package INR 25.58 LPA INR 22 LPA
Minimum Package INR 9.93 LPA INR 11.39 LPA
Major Profile Offered Product Manager, Principal Business Consulting, Senior Consultant, Associate Manager, Manager Product Manager, Principal Business Consulting, Consultant, Senior Consultant, Associate Manager, Manager, etc. 
Major Recruiters Accenture, Infosys Consulting, Jio, TCS, Cognizant, ACT Fibernet TCS, Infosys Consulting, Cognizant, Accenture Strategy, Authbridge, Trident Group, etc. 

MDI Gurgaon Placements Top Recruiters

Sectors Top Recruiters
Sales & Marketing ABInBev, Asian Paints, Cipla, ICICI Bank, Philips, Flipkart, ITC Limited, MakeMyTrip, Pidilite
IT & Operations Accenture, Airtel, Amazon, Capgemini, Microsoft, Cognizant, Genpact, Virtusa, Wipro, P&G, Paytm
Finance American Express, Axis Bank, Goldman Sachs, JP Morgan Chase & Co., Kotak Bank, Nomura
Consulting & General Management Adani, Aditya Birla Group, Deloitte, Infosys Consulting, Schneider Electric, Grant Thornton
Human Resources Barclays, Tech Mahindra, Michael Page, KPMG, DE Shaw & Co., Oyo, Pepsico

MDI Gurgaon Placements 2023 Sector-Wise Analysis

MDI Gurgaon placements are offered in different sectors. Recruiters from traditional sectors like BFSI, Manufacturing, Consulting, FMCG/FMCD, Technology, Media & Communication and Healthcare & Pharmaceuticals visit MDI Gurgaon campus to hire students. There are some newly emerging sectors for which MDI Gurgan offers placement opportunities like, Fintech, Edtech and E-Commerce. Some of the prominent sectors at MDI Gurgaon placements are as follows.

  • Consulting
  • BFSI
  • E-Commerce
  • FMCG/FMCD
  • Healthcare & Pharmaceuticals
  • Media & Telecom
  • Automobile, Conglomerate, Energy & Logistics

MDI Gurgaon Consulting / General Management Placements 2023

The following table represents the Consulting and General Management Placements for the batch 2023 at MDI Gurgaon:

Company CTC (LPA)
Accenture Strategy 35 - 45
Adani 21-22
Aditya Birla Group 26-27
Airtel 30
American Express 33 - 35
Coforge 31
Deloitte 23 - 31
Everest group 27
EY 21 - 23
GEP 22 - 25
Infosys Consulting 16 - 24
Kotak Life Insurance 17-20
KPMG 25 - 30
Mckinsey 25
PwC 20 - 25
Reliance 22
ReNew 20-22

MDI Gurgaon HR Sector Placements 2023

The following table represents the HR placements for the batch 2023 at MDI Gurgaon:

Company CTC (LPA)
Asian Paints 29 - 31
Cipla 20
Dr. Reddy 22.5
Flipkart 22 - 25
HSBC 25
ICICI Bank 16 - 20
ITC 32 - 34
Jubilant Foodworks 27
Tata Play 22.5
RPG 22
Tata Steel 20 - 21

MDI Gurgaon Finance Sector Placements 2023

The following table represents the finance sector placements for the batch 2023 at MDI Gurgaon:

Company CTC (LPA)
American Express 33 - 35
Axis Bank 20-21
Citi bank 20-22
JPMC 25-27
Kotak Mahindra 20
Nomura 20-22
IDFC First bank 20.7
Goldman Sachs 16-25
HSBC 25

MDI Gurgaon IT / Ops Sector Placements 2023

The following table represents the IT / Ops Sector placements 2023:

Company CTC (LPA)
Amazon 44 - 49
EXL 17-18
makemytrip 30-35
Paytm 28 - 32
Genpact 19 - 24
Jio 26 - 31
UHG 17 - 26

MDI Gurgaon Sales & Marketing Sector Placements 2023

The following table represents the sales & marketing sector placements for the batch 2023 at MDI Gurgaon:

Company CTC (LPA)
Adidas 22
Asian Paints 29 - 31
Cipla 20
Dr. Reddy 22.5
Godrej 20-22
GSK 22-23
ITC 32 - 34
J&J 28-30
Pidilite 27-30
Tata play 22.5
Tata Steel 20 - 21
Tata AIA 18 - 21
Trident group 60
Reckitt 27-29
Samsung 25
Landmark Group 34.5
Pernord Ricard 27
Tata Sky 22.5
Tech Mahindra 19 - 31
CISCO 21

MDI Gurgaon Summer Internship Placements 2025

  • The 2023-25 batch consists of 312 students from PGDM, 125 students from the PGDM-HRM and 28 students from the PGDM-BA program.
  • A total of 114 companies visited the campus to provide internship opportunities to the students with an average stipend of INR 2.42 lakhs for a 2-month internship. 
  • MDI Gurgaon highest stipend stood at INR 4.70 lakhs and the median stipend at INR 2.50 lakhs.

The below table represents MDI Gurgaon Summer Internship Placements 2025 highlights:

Particulars Internship Statistics (2025) Internship Statistics (2024)
Batch Size 465 437
Total Recruiter 114 85
New Recruiters 53 24
Maximum Offers by a Single Company  27 26
Highest Stipend INR 4.70 Lakhs INR 4 lakhs
Average Stipend INR 2.42 Lakhs INR 2.76 Lakhs
Median Stipend INR 2.50 Lakhs INR 2.60 Lakhs
Most Recruiting Domain  BFSI Consulting & General Management
Top Recruiters  Amazon, Goldman Sachs, Axis Bank, Accenture, Adani, ICICI Bank Boston Consulting Group and Kearney, Amazon, Godrej, Hinduja Group, Reliance Industries,  Accenture Strateg

MDI Gurgaon Summer Internship Placements Function-Wise Highest Stipend 2025

MDI Gurgaon function-wise highest stipend are mentioned in the table below:

Function-Wise Highest Stipend
Sales & Marketing INR 4.7 Lakhs
IT & Operations INR 3.9 Lakhs
Finance INR 4 Lakhs
Consulting & General Management INR 4 Lakhs
Human Resources INR 4.5 Lakhs

MDI Gurgaon PGDM Summer Internship Placements 2025

The summer internship compensation categorization of the PGDM students is as follows:

Percentage of Students Average Stipend Median Stipend
Top 10 Percentile INR 4.24 lakhs INR 4.40 lakhs
Top 25 Percentile INR 3.73 lakhs INR 3.60 lakhs
Top 50 Percentile INR 3.27 lakhs INR 3 lakhs
Entire Batch INR 2.54 lakhs INR 2.50 lakhs

MDI Gurgaon PGDM Summer Internship Placements Sector-Wise 2025

The number of recruiters and the number of offers made in the various sectors are mentioned in the table below:

Sectors Offers Made Number of Recruiters 
BFSI 26% 15
Consulting 21% 9
FMCG / FMCD 19% 16
Conglomerates 15% 12
Telecom & Media 8% 11
Healthcare & Pharmaceuticals 6% 11
E-Commerce 5% 4

MDI Gurgaon PGDM-HRM Summer Internship Placements 2025

The summer internship compensation categorization of the PGDM - HRM students is as follows:

Percentage of Students Average Stipend Median Stipend
Top 10 Percentile INR 4.29 lakhs INR 4.40 lakhs
Top 25 Percentile INR 3.53 lakhs INR 3.30 lakhs
Top 50 Percentile INR 3.16 lakhs INR 3 lakhs
Entire Batch INR 2.27 lakhs INR 2.50 lakhs

MDI Gurgaon PGDM-HRM Summer Internship Placements Sector-Wise 2025

The number of recruiters and the number of offers made in the various sectors are mentioned in the table below:

Sectors Offers Made Number of Recruiters 
FMCG / FMCD 25% 15
Conglomerates 23% 9
Telecom & Media 16% 9
Consulting  13% 5
Healthcare & Pharmaceuticals 11% 4
BFSI 6% 4
E-Commerce 6% 3

MDI Gurgaon PGDM-BA Summer Internship Placements 2025

The summer internship compensation categorization of the PGDM - HRM students is as follows:

Percentage of Students Average Stipend Median Stipend
Top 10 Percentile INR 4.70 lakhs INR 4.70 lakhs
Top 25 Percentile INR 3.55 lakhs INR 3.25 lakhs
Top 50 Percentile INR 2.96 lakhs INR 2.80 lakhs
Entire Batch INR 1.92 lakhs INR 2 lakhs

MDI Gurgaon PGDM-BA Summer Internship Placements Sector-Wise 2025

The number of recruiters and the number of offers made in the various sectors are mentioned in the table below:

Sectors Offers Made Number of Recruiters 
Telecom & Media 39% 5
Conglomerates 30% 6
BFSI 13% 3
Healthcare & Pharmaceuticals 13% 2
FMCG / FMCD 5% 1

MDI Gurgaon Alumni Network

The alumni network of MDI Gurgaon is huge. Alumnis of MDI Gurgaon work in top MNCs. The details about the organizations where MDI Gurgaon alumnis are working have been given below.

Company Name Number of Alumni
Deloitte 231
Maruti Suzuki India Limited  178
Amazon 176
Accenture 146
American Express 132
EY 102
Google 94
Tata Consultancy Services 81
PwC India 76
KPMG India 75
HSBC 72
JP Morgan Chase & Co. 69
Flipkart 61
ICICI Bank 59

MDI Gurgaon Placements FAQs

Ques. Does MDI have 100% placement?

Ans. Yes, MDI Gurgaon has shown a 100% placement record in 2024. A total of 556 students got placed through an on-campus placement drive. 

Ques. What is the median salary in MDI Gurgaon?

Ans. The medium salary at MDI Gurgaon stood at INR 24.2 LPA in the 2024 placement drive. 

Ques. What is the highest package of MDI Gurgaon?

Ans. The highest package at MDI Gurgaon stood at INR 63.3 LPA in the 2024 placement drive. 

Ques. Are MDI Gurgaon 2024 placements better than the previous year?

Ans. Yes, the MDI Gurgaon placement is better in 2024, compared to the previous year, because of the following reasons;

  • This year the number of students is more than the previous year and so are the recruiters. 
  • The students received more PPOs than the previous year. 
  • The highest package continues to increase than the previous year. 

Ques. What is the average salary in MDI Gurgaon?

Ans. The MDI Gurgaon average salary for PGDM & PGDM-IB is INR 26.18 LPA and for PGDM-HRM is INR 23.33 LPA.

Ques. How many recruiters visited MDI Gurgaon for the 2024 placement?

Ans. A total of 155 recruiters visited MDI Gurgaon for the 2024 placement drive. Among them, 89 were new recruiters who visited MDI Gurgaon for the first time. 

Ques. How are MDI Gurgaon summer internships placement?

Ans. The 2023-25 batch consists of 312 students from PGDM and 125 students from the PGDM-HRM program. A total of 114 companies visited the campus to provide internship opportunities to the students with an average stipend of INR 2.42 lakhs for a 2-month internship. 

Ques. What is the median stipend for a summer internship in MDI Gurgaon?

Ans. The median stipend for a summer internship in MDI Gurgaon is INR 2.50 lakhs for 2 months.

Ques. What is the highest stipend offered to MDI Gurgaon students for summer internships?

Ans. The highest stipend offered at MDI Gurgaon for the summer internship is INR 4.70 lakhs for 2 months. 

Ques. Which domain has the best placements at MDI Gurgaon?

Ans. In 2024 placements, the highest number of offers were made in the Telecom & Media and Consulting domain. 

Ques. Who are the top recruiters during the 2024 placement at MDI Gurgaon?

Ans. Some of the top recruiters the visited the MDI Gurgaon for the placement drives were ICICI Bank, Cognizant, Virtusa, Wipro, ABInBev, Samsung, Philips, HDFC Bank, Nomura, Deloitte etc.

MDI Gurgaon Highest and Average Package

Highest PackageAverage Package
63.30 L
25.50 L
012.7 Lakhs25.3 Lakhs38.0 Lakhs50.6 Lakhs63.3 Lakhs

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Placement Experience:

After 3 semester a student becomes eligible for the placement drive. The placement team works hard to place everyone in the batch. There are many no. Of offers present and good amount of companies comes in campus for example dabur, tata steel, icici

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Swapnil Mitra
Swapnil Mitra PGDM, General (Enrolled 2023) Reviewed on May 30, 2024
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All About MDI

3.8Helpful

Placement Experience:

Placements are pretty good. From october that is 4th sem end the placement season starts and the companies like Amazon, Cipla, GSK, Deloitte and etc such MNCs come. There is 100% placements. The highest package is 60lakhs and average is 25lakhs. My plans after getting the degree is to do job

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Vanmit Kataria
Vanmit Kataria PGDM, Human Resource Management (Enrolled 2023) Reviewed on Apr 12, 2024
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THE MDIM SAGA

3.4Helpful

Placement Experience:

The students become eligible from the fourth trimester after internship.The companies which visit are ICICI Bank,Gartner, Droom.The total number of offers made are 157 for the past academic year.The highest package offered was 21 lac per annum and the profiles offered are mostly of management trainee.Percentages of students getting placements are 90 .My plan after getting the degree is delving into corporate sector.

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Yash Purohit PGDM, Finance (Enrolled 2023) Reviewed on Feb 18, 2024
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Placement Experience:

placement is good in terms of ROI, and avg placement is 1100000 and median is 1150000 . summer placement are also good in compare with other tier 2 colleges. all the students are gets placed through campus itself.

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ritik raushan
ritik raushan PGDM, General (Enrolled 2023) Reviewed on Feb 14, 2024
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Placement Experience:

MDIM's one of the most important committees is PLACECOM i.e. placement committee of MDIM. They worked a corporate time cycle just to get the batch placed. So from day 1, they will make you know the norms and guidelines about the placement. After some days they will start floating companies nomination forms in the college's mail ID. They will happen till the batch achieves 100% placement. Every year there are some prominent recruiters come to MDIM like ICICI Bank, Dabur, Bandhan Bank, Axis Bank, Tata Steel, Tata AIG, etc. No Ed-tech startup or company form is floated this is the type of a rule here. The highest package offered this year 40LPA and the Average package is around 11 LPA. After getting the degree I like to serve for a well-reputed company and help me in my career growth.

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ARNAB KUMAR KAR
ARNAB KUMAR KAR PGDM, General (Enrolled 2023) Reviewed on Feb 14, 2024
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Placement Experience:

There are 6 terms in 2 years and from 5th term students start to get placement. There are many companies like icici bank, Bandhan bank, droom etc and made many offers. The highest package is 20lakh and the average is 12.07 lakh. 100% placement is there in the college. I want to be a good job in a reputed companies at college

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Swarnam Bhadani
Swarnam Bhadani PGDM, General (Enrolled 2024) Reviewed on Feb 14, 2024
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Placement Experience:

From the 4th or 5th semester onwards students are eligible for the placements. One the highest package offered this year is of 40 lakhs by Fiitjee. BFSI sectors companies used to visit the campus very much. ICICI use to recruit the highest number of students. Highest package of thia year is 15 lakhs ctc per annum by Havells and average is of 11 lakhs per annum CTC. Getting in the one of the best company is my dream with the best corporate environment.

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RISHAV KUMAR GUPTA
RISHAV KUMAR GUPTA PGDM, General (Enrolled 2023) Reviewed on Feb 13, 2024
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Placement Experience:

The internship companies starts coming to campus with in one month of entering the college. Most of the students gets PPO those who don't get PPO are allowed to sit for final placements. The final placements starts in 5th semester. 100% of batch is placed. There are plenty of oppurtunities in market after completing business analytics course.

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SARTHAK SINGH PGDM, Business Analytics (Enrolled 2023) Reviewed on Feb 5, 2024
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Placement Experience:

In vth sem students become eligible for placements 60 companies visited the campus including ICICI bank, Axis Banks, Airtel, Droom etc. Highest package is at 27 lakhs till now Average is 12.5 lakh 100% students get placements. My plan after the degree is join the company which is provided by our college and then work on myself to reach hogher position

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Aman Kaptiyal PGDM, Marketing (Enrolled 2023) Reviewed on Feb 2, 2024
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Placement Experience:

Talking about placements, we have 100% placements record, but in the year 2024, due to market conditions we are facing some problems. Although average package was around 12LPA and talking about average stipend, it was around 40k.

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ANSHDEEP SINGH
ANSHDEEP SINGH PGDM, Marketing (Enrolled 2023) Reviewed on Feb 2, 2024
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MDI Gurgaon: 10 Answered Questions

What is the true average placement package in MDI Gurgaon?

Sadia Naseem
Renato DiagoMSc Finance, Jamnalal Bajaj Institute of Management Studies (2019)

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.

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Is the average package at MDI Gurgaon really 18 LPA?

SagardeepMBA in Finance & Marketing, Management Development Institute, Gurgaon (Graduated 2018)

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.

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How much do the top B-schools like the IIMs FMS, MDI, XLRI, SP JAIN, JBIMS, IIFT, and NITIE inflate their placement reports?

Ahana Bhaduri
Hardik PandyaMBA Finance, Indian Institute of Foreign Trade, Delhi (2016)

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.

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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?

Pratham Kumar Gautam
Prathmessh TodkarWorked at Indian Institute of Management, Ahmedabad

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.

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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?

Saransh ShahMBA Finance, S. P. Jain Institute of Management and Research (2020)

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.

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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?

Anish BarjatyaAnalyst at DebriN Synergy (company) (2015–present)

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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How are HR summer placements at MDI Gurgaon? What is the average stipend received and what are the profiles offered?

Gaurav Goplani
Shivank ShuklaStudied MBA in Marketing & Operations at Management Development Institute, Gurgaon (Graduated 2017)

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.

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Does MDI Gurgaon provide placement assistance to its FPM students?

Agnik MajumdarPGPx in Finance & Strategy, Management Development Institute, Gurgaon (Graduated 2019)

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.

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How are internship and placement opportunities for GEM freshers at MDI Gurgaon?

Yashi MittalMBA Operations Management & Marketing, Management Development Institute, Gurgaon (2018)

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. 

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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.

Ratul SinhaStudied at the Indian Institute of Technology ,Bombay (2020)

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.

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MDI Gurgaon Alumni Distribution by Sector

Business Development 18%
Operations 15%
Sales 10%
Finance 8%
Consulting 8%

Frequently Visited Companies

Companies
Aditya Birla GroupAmazonCognizantErnst & Young
FlipkartJohnson & JohnsonJP Morgan Chase & Co.Reliance Industries Limited [RIL]
WiproBoston Consulting GroupGoldman SachsGoogle
ITCSamsungAmerican ExpressBajaj Auto
Hindustan Unilever LimitedHoneywellPhilipsReckitt Benckiser (I) Pvt. Ltd
Glaxo Smithkline Consumer Ltd (GSK)Nestle IndiaAirtelMichael Page

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Comments


2 Comments
E
epil gagrai
Which are the top recruiters in Finance and HR sector at MDI Gurgaon?
A
Ashish Ramtari

The top recruiters in the Finance sector are 360 ONE, American Express, Axis Bank, Citi Bank, CRISIL, Dr. Reddy’s, HDFC Bank, HSBC, ICICI Bank, Piramal, InCred, JP Morgan. 

The top recruiters in the Human Resource Sector are Cipla, Accenture, Airtel, Amazon, AON, Asian Paints, Car Dekho, Flipkart, Deloitte, Dr. Reddy’s, Godgeg, Google, JSW, HSBC, E and Y, KPMG, Tata Steel. 

M
mansi jain
How is placement at MDI Gurgaon?
A
Ashish Ramtari

MDI Gurgaon is recognised as one of the Top Business Schools in terms of placements. The placement details of MDI Gurgaon are mentioned below:

  • Top recruiters- Asian Paints, Tata Play, Make My Trip, Kotak Mahindra Bank, Dr. Reddy’s, Lilly etc.
  • Highest Package- 60 lacs per annum
  • Median Package- 26.13 lacs per annum
  • No. of recruiters in the 2023 placements- 102
  • 23% of the freshers were selected in the 2023 placements

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