MDI Gurgaon saw its final placements today… it was good day for us… A detailed post about the placements will follow soon - as soon as official figures are tabulated & released… By the way - our very own PG member Prakash (aka B…
MDI Gurgaon saw its final placements today.... it was good day for us...
A detailed post about the placements will follow soon - as soon as official figures are tabulated & released.....
By the way - our very own PG member Prakash (aka Bingo) has been picked up by HDFC Bank....
Cheers
Prateek
Edited - An official post will me posted soon... sorry for earlier incomplete data...
Hiee!!!
well... really nice to know about the placement season at MDI!!.... CONGRATS!!! 
Seems a lot of Banking sector fimrs have pitched up this time!!! 
eagerly waiting to see the official figures of the packages and intakes!!! :smile:
Congrats to all the PG junta out there!!
Kewl Man! Congrats Mandevians!:grab:
Prateek , If possible do also let us know example pakages of some sample companies from each sector too.That'd help us a lot...if the data is available that is!
Regards
gud show ppl..!!
by the way i was jus wondering how u ppl arrive at this 4 hour figure ??
i mean ...assuming 120 ppl to b placed ...
27 companies u have given i will take the number as 30 .
now at most i think u can process 5 companies simultaneously ....if i am wrong correct me here..
now assuming 30 companies took 4 students each . and everyone got thru in there first interview(which is impossible ..but jus assuming)...jus 1 interview for each student for getting a final call...(which is again impossible...everyone knows ...hardly anyone gets a job in 1 interview )..i guess interviews take atleast 20 minute(correct me if wrong)..
so thats 6 batches of 5 companies each ...with 20 interviews in batches of 4 in parallel..
so processing time for each group of 5 companies is 80 minutes ..
now assuming no loss of time ...6 groups of companies ...thats still 480 minutes ...
or 8 hours ...how did u ppl manage to place the entire batch in 4 hours ??!!!!
for getting to ur 4 hour figure u will need to process 10 companies at the same time ...which is impossible ...but if u ppl have managed to make impossible possible ..i wud surely like to know ...
i would really like to know that ...why dont u ppl can jus stick with ur day 1 funda ...why quote stupid numbers ...
ppl time to b honest abt placement stats ...u guys r making a mockery of the whole process ...managers dont fudge data ...there is something called corporate responsibility ..isnt it ?
all the best
onemore
gud show ppl..!!
by the way i was jus wondering how u ppl arrive at this 4 hour figure ??
i mean ...assuming 120 ppl to b placed ...
27 companies u have given i will take the number as 30 .
now at most i think u can process 5 companies simultaneously ....if i am wrong correct me here..
now assuming 30 companies took 4 students each . and everyone got thru in there first interview(which is impossible ..but jus assuming)...jus 1 interview for each student for getting a final call...(which is again impossible...everyone knows ...hardly anyone gets a job in 1 interview )..i guess interviews take atleast 20 minute(correct me if wrong)..
so thats 6 batches of 5 companies each ...with 20 interviews in batches of 4 in parallel..
so processing time for each group of 5 companies is 80 minutes ..
now assuming no loss of time ...6 groups of companies ...thats still 480 minutes ...
or 8 hours ...how did u ppl manage to place the entire batch in 4 hours ??!!!!
for getting to ur 4 hour figure u will need to process 10 companies at the same time ...which is impossible ...but if u ppl have managed to make impossible possible ..i wud surely like to know ...
i would really like to know that ...why dont u ppl can jus stick with ur day 1 funda ...why quote stupid numbers ...
ppl time to b honest abt placement stats ...u guys r making a mockery of the whole process ...managers dont fudge data ...there is something called corporate responsibility ..isnt it ?
all the best
onemore
U forgot the Day 0 concept.
Anything before Day 1 is day 0 ,hence, anything left out clears out on day1 in 4 hrs.
Thats common to all colleges.
Regards
yeah i know that ...
btw how many day 0s ??
he never mentioned it was 4 hours on day 1 ...jus 4 hours ..even last year they had this zany sa "gone in 6 hours" or something similar tagline on there site...
why not jus give out the truth...
Just a clarification - we certainly have PPOs (Pre Placement Offers - generally to those who did really good work during their summers) & also lateral placements....
I guess this will probably stop some speculations here...
Prateek
All said and done ... 4 hours is gross exaggeration.
also as per ur claim it took 4 hours for placement ... but it is taking more than 4 days to come out with exact list and salary figures (I never knew that in MDI placing people is easier than noting down their salary figure :)
One suggestion: IIM A final placement is on 15th March ... wait till then and come out with an average salary that's little more than them. MDI gotta improve their rank from 3rd position 😃
All said and done ... 4 hours is gross exaggeration.
also as per ur claim it took 4 hours for placement ... but it is taking more than 4 days to come out with exact list and salary figures (I never knew that in MDI placing people is easier than noting down their salary figure :)
One suggestion: IIM A final placement is on 15th March ... wait till then and come out with an average salary that's little more than them. MDI gotta improve their rank from 3rd position :)
Is it me or the post is sarcastic?
dude.. show me one b school in India that tells clearly they placed this student in this company for this much salary. When all of us are bluffing what is the point in selectively mocking schools?
Hope you understand the subtleties of the forum and behave accordingly.
~C~
Hi guys,
nice to know abt the placements. Can someone plz throw some light on how the response has been for the summer placements for the HR people.
Thanks in advance.
maddevil.
dude.. show me one b school in India that tells clearly they placed this student in this company for this much salary. When all of us are bluffing what is the point in selectively mocking schools?
~C~
Great!! So u accept that UR bluffing.
Now, still the logic given by you doesn't justify ur action. If others are corrupt, then it doesn't gives u the RIGHT to become corrupt ... especially when u guys are joining companies like HLL, infy and Wipro where INTEGRITY cannot be compromised at any cost.
So got it.
i dont understand why there are such sarcastic posts out here in this thread....guys this is a great day for the second year students in MDI....n lets try to appalaud their achievements...instead of speculating on whether it took 4 hrs or 14 hrs to get their dream job....today is the dream come true for many in MDI...n lemme congratulate the whole MDI community for this...
n yeah i second chandoo's statements..
ciao..
Is it me or the post is sarcastic?
dude.. show me one b school in India that tells clearly they placed this student in this company for this much salary. When all of us are bluffing what is the point in selectively mocking schools?
Hope you understand the subtleties of the forum and behave accordingly.
~C~
i dont think chandoo you should make these kinds of politically incorrect comments....
see there is no point in making comments about other schools...we belong to an MBA fraternity...but then again every b-school has its own practices....we had long followed the tradition of quoting not CTCs but actual salaries....so u cant generalize ths way...
anyways let there be peace...
Day 0, Day 1 slot 0 slot 1...these are jargons which u guys who r trying to get into a b-school wud soon learn...
one advice for everyone...dont go by what is written...read between the lines..there are certain practices even we inside premiere b-schools have yet to fathom...
Sandy
Just a clarification - we certainly have PPOs (Pre Placement Offers - generally to those who did really good work during their summers) & also lateral placements....
I guess this will probably stop some speculations here...
Prateek
For the betterment of all here could we have a break up as to:
No of PPO
No of Lateral Placements offrers
No of offers in those "4 hours"
Congrats Prateek!!!
MDI really would have put a good show and I am sure Batch would have been placed in a nick of time...........Congrats to Bingo for his placement....
Now tell me what you first yr guys are upto after finishing placing your seniors, you ppl must be planning a grand booze party and how abt the summers scene going on at MDI...
see Ya
Hey guys ..what's going on. Collect info from reliable sources and then
analyze objectively...you'll come to know the truth yourself.
Can't speak on behalf of other B Schools but can give you a peek into
IIMC's process.
We have slot funda and not day funda. So Slot 0 might carry on for more
than a day (which it normally does !). We normally finish off our
placements within 3 slots (Slot 0,1,2) but the process spans over a
week ( 4/5 days normally). Also there are some logistical issues (100+
comps , 250+ students) which anyway wont allow the placements to be
over in a day or two .(This may differ for other B schools as most of
them have smaller batch sizes than us).
Also, we feel that trying to finish placements before others ,
..or just for the heck of it, is detrimental to students. Ever wondered
how much time will you get for decision making if the entire process is
sqeezed? At IIMC, the goal is not to get everyone placed but to get
them the best they can have ..and that my friend, requires time.
The less said about BSchool rankings the better. Deep down we all know
where our institute stands - both strengths and weaknesses. Moreover
Bschools open a window of opportunity ..onus of performance is still
with us.
Regarding compensation estimates, how can BSchools give an accurate
figure when the components themselves are ambiguous. Some comps include
loans (housing/car) in their CTC. How do you account for such
anomalies?
Median Salary (Not avg salary) should be used as ballpark estimates of
what's on offer . However, these stats can still be rigged due to
ambiguous components in CTC.
What cannot be rigged (normally !!) is data on companies coming on
campus and number of people recruited by them. If such data is not
being given by an insti then there's an issue. Also look for accepts
and not offers made.
Such subtle intricacies do make things fluid.
Hope this helped the cause. I have taken IIMC's example as I have seen
it from closer quarters compared to other insti's. However, I do hope
that there are more insti's treading on this path.
Manish
Thanx Sanju baba for the gyaan..
That gives sufficient insights into b school placements and of lot of use to aspiring managers like us.
Now , there is a point to break ur head.
If IIMC takes 4-5 days, then how was MDI able to place ppl in 4 hours ( Guess PPO & Day 0 concept r there in IIMC also )
Not writing this to denegrate any coll, just an honest & strt forward confusion.
This was not expected from u, Chandoo.
Giving legal status to fudging of data.
It will be helpful if guys can post their package details also.
And Congrats to Bingo and all others at MDI who have been placed.
MDI ROCKS
KingCat.
thanx sanju baba ..atleast u clarified one b-school's status ...
we r not trying to target a particular institute here...jus talking abt the total misinformation campaign that is done by the bschools ...see with the company list u have given i dont give a damn if the students were placed in 4 hours or 4 weeks ....all that matters is the work profile ..the iits take 1 year to place there batch of 400 odd b.techs that doesnt mean they r bad insituttes ...its the quality that matters...
as for everyone doing it ...yes each n every bschool does it ..and at such levels that now its really hard to believe wot bschoolers say abt their institute ...
the number of day 0s ...i have heard that xlri starts with a negative day number something like day -7 so that they can finish on day 0 .....for all i know there placement started a month ago..atleast BCG n mckinsey have already come ...n these r not laterals or PPOs ..these r fresh offers ...
the 2nd years doesnt have time to attend PPTs so it is made compulsory for first years to attend ...if they dont ..monetory fine is imposed ...if u want to show to the corporates that u ppl r interested ..then try being genuinely interested ...attend the PPTs for a change ..u ppl might get to see the actual salary figure ..may b then u will quote them correctly
in some the queries thread ..some XLer said that they have 55 % public with workex ...yeah right ..if u count 3 months workex n ppl working as Project Assistants in IIT as work ex...they quote 6.99 lacs as their median salary in their admission brochure last year ..now their current batch says that last year median was 7.43 lac ...i dare them to come out with 5 names of the companies which paid this much...with the salary details...and plss dont include the cost of the desk n chair they use in the job...
why this constant need to prove that ur bschool is the best ..we know wot it actually is ..and it kind of irritates ppl when u give out data which we know is NOT true ...
as for the salary stats the lesser said the better...foreign placement similar case ...iitb som quoted some 10-15 % foreign placement ..however the list of companies dint have a single company which cud have placed ppl abroad ...if u count infy wipro ka onsite assignment as phoren ..then heck everyone has a phoren placement here ..
Summers ..is the exctly same story ..
Chandoo instead of trying to defend this ..may b u can discuss with govar ..his views on this ..u ppl r from IIMs ..try setting an eg. by being honest ...u think if IIMs r honest abt it ..then other wont have to follow ...they will..coz otherwise they will loose all their credibility ..and why the gap between the placement n stats release ...for all i know the placement cell already has these figures with them ..before the company actually comes for hiring ...although there is some minor tweaking ...but nothing that can take a month to fathom ...
ppl come out clean ...we will really appreciate that ...
onemore
Some slot 0 firms have pretty lengthy processes (for eg McKinsey/ATK/BCG etc..). These do not go to MDI as far as I know.
Also we have a batch strength of 250+.
Also we get more time to make our choices while selecting comps from the offers we get.
Moreover, getting a PPO or laterals doesn't mean that you are out of placements. You can still sit for final placements if you have not reached the circuit breaker.
You miss the whole point. Getting placed in shortest time is NOT a stated objective of our placement process. Trying to find the best fit between students and companies is our top priority.
The notion of "time taken to get placed" to judge quality of placements is misplaced.
Look out for name of companies, sectoral mix, profile offered, geographies offered (US/Eur/Asia etc), no of accepts and median compensation offered (seperate for indian and foreign offers). These give you better estimates.
HTH,
Manish