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MDI Gurgaon MBA Placement 2018: Average Salary rises to Rs 19.17 lakhs

Mar 15, 2018 13:12 IST
    MDI Gurgaon MBA Placement 2018
    MDI Gurgaon MBA Placement 2018

    MDI Gurgaon, one of the premier B-schools of India, has concluded the MBA Placement 2018 season on a very positive note. Among the key highlights of MDI Gurgaon MBA Placement 2018, the key is the rise in the average salary being offered the students and including international salary packages of Rs.55 lakhs per annum. The MBA placement statistics put out by the B-school clearly show that the hiring of qualified, talented and trained MBA graduates has not been affected by the economic slow-down. Being one of the top private B-school of the country, MDI Gurgaon’s placement report helps students and aspirants understand and analyse the MBA Placement trends that are prevalent in the market. To further simplify matters, we have also provided the detailed analysis of the MDI Gurgaon MBA Placement 2018 below:

    Student Profile

    Sharing the MBA Placement Report, the B-school has notified that the outgoing batch of 2016-2018 which consisted of 331 students participated in the placement process. Of the total, 240 students were from the flagship PGPM programme, 59 students from the PGP-HRM programme and 32 from the PGP-IM programme.

    Recruiters Profiles

    As far recruiters profile is concerned, MDI Gurgaon saw 119 companies participate in the placement sessions to hire 331 management graduates walking out of the campus this year. Companies from different functions, domains and industries, such as, Consulting, General Management, Finance, Strategy, Sales and Marketing, Operations and HR, participated in the placement process.

    A number of startups also visited campus to hire MBA graduates for niche roles. In total, around 28 first time recruiters also participated in the placement programme. These included known names from the corporate world like Abbott, BMW, Cisco, Jubilant FoodWorks, MARS, Moody’s Analytics, Ola Cabs, OYO Rooms, PUMA and Walmart.

    Key Placement Trends

    Average Salary continues to rise

    As stated above, the MDI Gurgaon MBA Placement 2018 saw almost all the placement statistics move in the positive direction. The average salary offered to the management students, spanning across all the three courses, stood at Rs 19.17 lakhs.  Last year, the average salary registered was Rs 18.89 lakhs. Average salary for top 20% in Placement 2018 stood at Rs. 25.91 lakhs. The general analysis of course-wise average salary in last 5 years at MDI Gurgaon MBA Placement can be found in the table below:

    Year

    PGPM

    PGP-HRM

    PGP-IM

    2018

    Rs 19.35 lakhs

    Rs 19.15 lakhs

    Rs 18.54 lakhs

    2017

    Rs 19.25 lakhs

    Rs 18.30 lakhs

    Rs 17.94 lakhs

    2016

    Rs 18.95 lakhs

    Rs 18.70 lakhs

    Rs 16.59 lakhs

    2015

    Rs 16.86 lakhs

    Rs 15.57 lakhs

    Rs 15.54 lakhs

    2014

    Rs 14.74 lakhs

    Rs 13.10 lakhs

    Rs 13.43 lakhs

    Highest Salary Offered

    Similar to the average salary offered, the highest domestic salary and highest international salary offered at MDI Gurgaon MBA Placements also saw increment. The highest international salary package was offered by Tolaram Group and Godrej which was recorded at Rs 55 lakhs per annum. This year, the highest domestic salary offered to PGPM programme student stood at Rs. 35 lakhs as against Rs. 28.74 LPA last year. Similarly, for PGP-HRM programme, the highest salary was Rs 24 lakhs whereas the PGP-IM programme saw highest salary at Rs 24.45 lakhs.

    Number of PPOs offered also rise

    Similar to the average salary and highest salary offered, the number of PPOs or the Pre-Placement Offers being extended to the students also rose to 108 from 100 in 2016. The increase in PPOs is an indication of the trust and faith that the industry leaders have on the quality of management education being offered at MDI Gurgaon.

    Sector-wise breakup of the offers

    Taking another step towards becoming the prime destination for recruiters to hire candidates in sales and marketing roles, MDI Gurgaon 2018 MBA Placements witnessed industry leaders from this domain participate in the placement process. Apart from sales and marketing, even general management and strategy level roles also dominated the placement process this year.

    Sector

    % share of offer

    Sales & Marketing

    32%

    General Management & Strategy

    28%

    Finance / BFSI

    21%

    Operations / IT / ITeS

    19%

    The sector-wise breakup along with top recruiters in respective domains is given below:

    Sales & Marketing: Sales and Marketing accounted for 32% of the total share of the placement offers made at MDI Gurgaon MBA Placement 2018. Industry leaders from this domain such as AB InBev, Abbott, Godrej Industries, ITC, L'Oréal, Pidilite Industries and Vodafone participated in the placement process. As far as international placements go, Godrej Industries and Tolaram Group offered sales and marketing roles to the students at overseas destinations.

    Other recruiters which offered roles in sales and marketing include: ABFRL Airtel AkzoNobel Arvind Lifestyle, Asian Paints, Bajaj Auto, Bennett Coleman & Co,  BMW, Cipla, Coca-Cola, Crompton Greaves, Dabur, GlaxoSmithKline Pharma, Google, ITC, Kohler, Lava International, Maruti Suzuki, Nivea, Novartis, OYO Rooms, Philips India, Tata Motors and Tata Steel.

    General Management & Strategy: This year, MDI Gurgaon saw aggressive participation from firms who specialize in General Management & Strategy level roles. Major conglomerates such as Godrej Industries, Hinduja Group, Reliance Industries Limited and RPG Group hired management graduates for roles in this domain. For strategy driven roles, corporate leaders like Accenture Strategy, Deloitte, KPMG, PwC and Boeing made offers to the students.

    Other key recruiters in General Management & Strategy related roles include: Airtel, Bain Capability Center, Cognizant, McKinsey, Eli Lilly, EY GDS, Gartner, i3 Consulting, IBM, Infosys, Jardine Lloyd Thompson, KPMG and Tata Communications.

    BFSI / Finance: Finance is another sector that has been considered to be a highlight as far as MBA Placement at MDI Gurgaon is concerned. Students were offered a diverse array of roles in the BFSI field such as Corporate Banking, Corporate Finance, Equity Research, Investment Banking and Wealth Management.

    Top recruiters in finance sector include: Goldman Sachs, HSBC, JPMorgan Chase & Co., Nomura, American Express Avendus Axis Bank Axis Securities BMW Citibank Coca-Cola CRISIL Cube Highways DHFL Pramerica Diversey Federal Bank, ICRA IDFC Bank, India Ratings & Research,  Metro Cash & Carry, Moody's Analytics, Spandana Sphoorty, Standard Chartered, Synergy Consulting, Syngenta, Wipro, Yes Bank.

    Operations / IT / ITeS: As far as operations related roles are concerned, manufacturing majors like Ashok Leyland and Tata Steel made offers to the students. In IT and ITeS roles, major startups and host of IT companies offered high level positions including CXOs, product managers and business analysts.

    Other recruiters in this domain include: Other recruiters include Cognizant, McKinsey, Ecom Express, HCL Technologies, IBM, Jubilant, L&T, MAQ Software, Maruti Suzuki, Microland, Moglix, Newgen Software, Polestar Solutions, SapientRazorfish, Sterlite Power, Sterlite Technologies, Tata Motors, Tata Sky, Tredence Analytics, ValueLabs, Vedanta.

    With the completion of another successful season of MBA Placement, MDI Gurgaon has reiterated its position as the premier B-school of the country. The positive stats put out by MDI Gurgaon has shown us a promising picture of MBA hiring trends in India. For more MBA Placement reports of top B-schools in India, please visit www.jagranjosh.com/mba.

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