MDI Placements 2019: Google makes Rs 40.79 lakh offer; Average Salary up to Rs 20.13 lakhs

MDI Placements 2019
Tuesday, January 15 2019, 01:20 PM
MDI Gurgaon, one of the premier B-schools in India has concluded its placement 2018 with high average packages including international salary packages of Rs.55 lakhs per annum. The B-school saw 28 new recruiters making offers in Placement 2018

Much ahead of many top IIMs, Management Development Institute (MDI) Gurgaon has completed the Final Placements 2019 for batch of 2017-19. The average salary for MDI Placements 2019 is Rs 20.13 lakh, which is higher than last year’s average of Rs 19.17 lakh. According to MDI, the highest salary of Rs 40.79 lakhs per annum has been offered by online search giant Google.

237 students from PGPM, 60 from PGP-HRM and 45 from PGP-IM participated in the Placements 2019 process. The average salary for PGPM students was Rs 20.03 lakh, while that for PGPIM was Rs 20.03 lakh and for PGHRM, Rs 20.93 lakh.

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MDI Placements 2019 Highlights

  • 106 companies participated in Placements process 2019
  • Complete placements took less than 3 days
  • Deloitte USI was the top recruiter with 16 offers, while JPMorgan Chase & Co was next with 15.
  • KPMG and OYO Rooms made 12 offers each
  • Interestingly PGP HR had the highest salary at Rs 20.93 Lpa.

Percentage break-up of offers according to sectors
The percentage breakup of the recruiters is as mentioned below:

Sector
Percentage of Offers
BFSI
26
Consulting
23
FMCG/FMCD
19
IT
8
Others
8
Conglomerate
6
E-Commerce
5
Pharma
5

Companies that have recruited the maximum number of students
The Individual breakup of the highest offers being made is as below:

Company
No. of Offers
Deloitte USI
16
JP Morgan Chase & Co.
15
KPMG
12
OYO Rooms
12
Airtel
11
American Express
11
Bain Capability Centre
11

MDI Placements Trends
MDI students have consistently increased their average annual salary for the last many years. Here is a snapshot for last few years.

Placement Year
Average Batch Salary
Final Placements 2019
Rs 20.13 Lakhs per annum
Final Placements 2018
Rs 19.17 lakh per annum
Final Placements 2017
Rs 18.89 lakhs per annual
Placement year
PGPM Average salary (Rs. in lakhs)
PGP-IM Average salary (Rs.in lakhs)
PGP-HRM Average salary (Rs. in lakhs)
Placements 2019
20.03 lakh
20.03 lakh
Rs 20.93 lakh.
Placement 2018
19.35
18.54
19.15
Placement 2017
19.25
17.94
18.30
Placement 2016
18.95
16.59
18.70
Placement 2015
16.86
15.54
15.57
Placement 2014
14.74
13.43
13.10

Source: MBAUniverse.com Analysis

This year for Placements 2019, BFSI accounted for the biggest share of offers at nearly 26%. Consulting at 23% and FMCG/FMCD at 19% were other large sectors. Among others, 8% of the offers came from IT, 6% from conglomerates and 5% each from ecommerce and pharma.

MDI Placements Chair Dr Kanwal Kapil and students will be happy with the Placements trends.

Stay tuned to MBAUniverse.com for more updates on MDI Gurugram (Gurgaon)