sorry bro...but have a look at my initial post once again...i never bashed or bad-mouthed any college..

I completely agree with your demarcation of colleges and this has been highlighted in my post.

I do agree that my initial posts were for seeking advice on joining NM...and after talking to place-com members and my frnds i made my final decision.

and thru my post i was not telling anyone to join NM or any other specific college...never mentioned it anywhere in my post...but i just felt that those 3 people had taken an emotional decision which is not fair when your career is at stake.

It will be logical if all such advices are sought on the thread of the relevant institute. Every year, a lot of such advices are given purportedly to dissuade others from joining MDI and increase one's own chances.

@Seniors,

Can somebody please confirm...was it Accenture(IT consulting) or (Business Consulting) profile offered..?

@ Treacherous.....can u throw some light on this.....:)

Both of them recruited

Well, I see quite some activity here!

I passed out of MDI, PGPM in 2011 and so I thought I might as well clear a few doubts here and there, even as Abhishek and his team are doing a wonderful job.

MDI has had a splendid placement season and I must mention a few noteworthy points. Our largest recruiters in terms of numbers have been Goldman Sachs (15 offers) and P&G; (10 offers), both of which pay well above 15 lakhs. Quite a few top recruiters which choose to recruit from MDI and only the topmost b schools, and I repeat, quite a few ones, do not go to one or the other of the 6 IIMs for recruitment (which incidentally is also the case where I have a campus offer from). And if you already do not know, MDI has a strict no differential policy so it does not accept any differential salaries from an organization which recruits for a similar profile at an A, B or C.

Having said that, the beauty of MDI placements lies not just in numbers. Infact, it is in the sheer diversity of profiles that we get cutting across domains and organizations. Let me try and explain this. An HSBC or a P&G; in the placement report of a competing institute can be very misleading. In effect, they may just offer an operations or a technology role while at the same time counting the offers in BFS and FMCG sectors respectively. So while an I Bank like JPMC may look enticing, there is little craze among b school students for its Operations or IT profile. On the contrary, the strength of MDI lies in not being branded as a Fin/ Mark/ Ops/ IT campus and so offering you a diverse range of profiles, in effect, giving you the ability to 'choose'.

International Placements ! Well, MDI doesn't have any (there are a few companies which have definite international stints just after joining, but let's not count them as international offers) such 'international placements'. For record, almost all of them (Exclude A, B and C campuses) are offers made in countries such as Libya, Kenya and so on. While at this point you may be enamored by an 'international' offer, the reality is that a lot of people in b schools don't even apply for such jobs.

Some of you have also discussed about the charm of an IIM tag, especially since the new IIMs have come up. Well, once inside, you would realize that a 'tag' is not what makes a great b school and consequently great placements. For instance, a friend from one of the new IIMs is interning with Standard Chartered presently at a stipend of Rs. 20000/ month. However at MDI and the other tier 1 b schools, Standard Chartered paid a 2 month stipend of Rs. 150000. And if I am not mistaken, Standard Chartered was also the largest recruiter at MDI this summer picking 8 students

I see that unlike in the past, I have written quite a post here ! You may have doubts/ comments and I am sure the MDI team here would take care of them. I am not very frequent on PG and so my responses may be delayed.

Thanks & Good Luck !!

The juniors are doing a wonderful job here ! Still, I thought I must pitch in with some placement news (with Abhishek's permission, ofcourse..!!), now that the official placement report has been released.

The largest recruiters in PGPM have been Goldman Sachs (15 offers) and P&G; (10 offers), which are heavyweights in Finance and Marketing respectively (and very heavy paymasters too !!). The list of companies which recruited represents an array of the most respected companies across sectors.

how sure r u? is it that 75 seats were left and they have given 75 waitlist clearance or is it that these 75 consists buffer calls too??

its getting tougher day by day...

Normally, these 75 seats would include the buffer calls too (as per last year trends). The previous year waitlists have moved higher due to the high stress on CAT scores, and hence a huge overlap with some other institutes.

This year, with a reduced focus on CAT, I am afraid the same might not be the scenario.

Congratulations to the selected ones. For those in the waitlist, keep your fingers crossed. I am sure with time, there will be movement across streams.

anshuljain_iitd Says

hahaahhaha....i liked d humor!!!!

I don't know if it further adds to the humour, but each of you will have a Pigeon Hole after you join MDI

Friends, I have a query which might seem ludicrous to most, but I'll place it nonetheless.

I've got through MDI's PGPM. I read the article on MDI placements at MBA Universe (also circulated here), and I didn't really find it very encouraging. For one, the avge & highest packages are similar as last year despite the fact the recession ended sometime back, and the fact that ICICI happens to be the major recruiter is also something of a concern. Plus, apparently 100% of the batch hasn't yet been placed yet, something unprecedented given MDI's reputation.

Now, here's the severe dilemma I'm facing. Since I come from a middle-class family, I'll have to sponsor a major part of the fees through loan. Hence, if I join MDI, I'll need to take a loan of somewhere around 7-8 lakhs, which might reach 9-10 lakhs by the time I start paying. In other words, I'll be joining a company with the enormous burden of 9-10 lakhs loan payment, or around 25K (approx) per month. So, I need a very honest & frank response as to is MDI really worth that kind of huge loan.

That is, for someone like me, with slightly less than 3 yrs of work ex, is there a chance that I'll get a job 2 yrs from now such that that 9-10 lakhs of loan payment will seem commensurate with the job? In short, is it worth that kind of pain? At times I'm having the feeling, that though MDI is a higher ranked institute, let me rather join XIMB which anyway has reported placement figures similar to MDI, and that too 100% of its batch has already been placed.

I'll really be grateful if someone provides me his/her opinion. At the end of the day I want to join MDI, but the above mentioned dilemma is really troubling me a lot. Emotionally I feel MDI is a great place to go, but when I'm deliberating over the practical issues, I'm at a loss as to what I ought to do. Please help.

Thanks in advance.

The decision whether you join an XYZ institute has to be taken by you. I think we've had a fair amount of discussion over the placement statistics, profiles, brands et al.

However, found your 'analysis' of the placement report somewhat amusing. I do not know what perceptions you have of ICICI, but the fact is that it remains one of the favourite and sought after recruiters (In b schools) offering the finance profile. The year before last (which is before the downturn), ICICI opened its international profiles in MDI, placing students across locations such as Hong Kong.

Do not be misguided by perceptions while taking a decision. ICICI 'may' not even visit the other b school that you mentioned (Why don't you check yourself ). All the best