MDI, Gurgaon - Final Placements 2005

MBA
21
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



Thanks a lot for clearing all these misconceptions arising out of the interpretation of figures. Guess people have to be given time before they decide on their placements and cannot do it at the spur of the moment. I am a fresher engg. and would like to know as much as possible about what are the various placement opportunities in diff college. Yes, the institute brand value also matters but i would rather prefer the placements there, and as far as the record goes, heard IIMC is really cracking it up this time in the placements. I am interested in a career in finance( Investment banking in particular and mabbe consulting also) and know that i really have to slog myself to get to the top institutes for that. I have written CAT this year, and have got an IIM A,L and K call. The IIMA process did not go off really well and in all probability i will be repeating next year...

Looking forward to some insights into the IIMs , their selection processes, academic processes and placement...


thank you.
AniTa:)
22

Congrats to all ManDevians.... :wink:

hope you guys have realised a part of your MBA dream(this is not the end of it by any account) by getting placed in a challenging, well paying and responsile job.

Keep dreaming and acheiving guys...you have done it once, you can do it again

and Besta luk for the future too.. 😉

23

Guys

There arent many messages in this thread abt placements in MDI.
Where are the MDI people ?

We r waiting for ppl to come out with stats.

KingCat

24

Laying importance to the time in which students get placed is probably a old habit from the days / for new institutes when it was getting jobs that mattered more.

That quality of placements should matter more is difficult for freshers to realise; most students are unfortunately more concerned with the size of package, the glamour of the organisation & the designation...its only after working for a year or 2 do people realise the true value of good old 'job profile'.

Most B School surveys, that rank institutes, consider many more parameters than just placements. Many of us here seem to (truly) understand that we all know where our insti stands anyway.

Arguement on flippant matters like how come X hours, and the speed of calculating average packets, is exhibitionism on the part of feather-brains.

So rather than arguing what parameters to evaluate and why, the one constructive step that can be taken from here so for students to realise this - maybe by interaction with alumni who are willing to spend time. To be able to evaluate offers and decide what is it that each individual and the groups want. Work with industry to make job profiles more concrete and substantial.

Thus spake the oldtimer.

25

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...


You have the right to doubt almost everything under the sun (and that's good!), but I'm 101% sure that a B-school of stature such as XL would come up with one hell of a lot of names who get more than 7.43 L CTC. Pls get ur data (source) right. :smile:.

As for the inclusion of perks in CTC, B-schools and B-schoolers themselves are clueless abt it and are at the receiving end.
26
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.



Well said, and if the parameters quoted by Sanju baba are to be taken,
most schools wud bite dust.
Lets give them guys- these are schools selling thier brand.
When u've never complained that every other car is the "car of the year"
or every soap the best in the industry,why single out these guys.:huh:

And I sincerely believe ,they already have an explianation to back up thier fudged data...everyone of them.
27

hey guys...

congrats to the guys who got placed in MDI...... looks like they r maintiaining their record....

i am not really bothered about the fact of getting placed in 4 hrs .... i don't c the whole point of arguing itself.... doesn't make sense.... surprising to me that some ppl actually take some time to sit n analyse these things.....

the more important thing is to know that the placements were good n that is wat should matter to us aspirants not run a whole analysis.....

can someone from mdi give me an idea as to how the placements was was mdi hr ..... the companies, if possible their packages ....

adios

28

Ha ha ha,

This thread has been awesomely hilarious so far. The future managers of corporate India fighting tooth and nail to maintain their respective B Schools' credibility.

But have you guys wondered what impression this sends out to prospective juniors of yours. All of them must be left wondering what kind of gullible bas****s we all are trying to prove that we placed a batch in X hrs or Y hrs, for X dollars, or Y rupees. Is that all that matters in a B School? I mean, c mon guys, get a life or a girlfriend, or both, if possible.

Cheers.............jamster

29
Ha ha ha,

Is that all that matters in a B School? I mean, c mon guys, get a life or a girlfriend, or both, if possible.

Cheers.............jamster


Well i couldnt understand what is implied by above and i do not think anyone is fighting over here....it so happens that this thread is about placements and hence discussion on placements is going on.......Wait till the placement at ur insti is happening......either IIMI and IIMK will shy away from all hoopla saying they are too young for that or would ride on IIMA B C L whatever.....btw gettting a life or gf or both wala fundaa is still unclear.
Cheer up people I mean salaries are an integral part of b school life cos almost 90 % of junta comes to get good placements only which by nature also implies good life and yeah good gf too.
See Ya ppl
30
Well i couldnt understand what is implied by above and i do not think anyone is fighting over here....it so happens that this thread is about placements and hence discussion on placements is going on.......Wait till the placement at ur insti is happening......either IIMI and IIMK will shy away from all hoopla saying they are too young for that or would ride on IIMA B C L whatever.....


Dude, please keep your hot-aired predictions to yourself..whether we shy away from the hoopla or ride along with ABCL - you will find out. However, we will still kickass when compared to anyone else.

Pass your opinion when you have the facts, mouthing off right now might turn out to be embarrasing later.

As for the discussion, I guess we would finally see the end of the "Gone in hours" catchline from placement reports, which has been milked so much by some wannabe institutes over the last year.

All said and done, people seem to have jumped the gun...MDI still has to release its official report.. I really hope that they set a good example by coming out with an honest report based on figures and not on global gyan like some others this year.
31
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


Still, PPOs and guys with laterals DO take part in the final placemtnts...at least they do over here :smile:. So that still means you guys placed 120 ppl in 4 hours....definitely is going to raise some eyebrows
32
Dude, please keep your hot-aired predictions to yourself..whether we shy away from the hoopla or ride along with ABCL - you will find out. However, we will still kickass when compared to anyone else.

Pass your opinion when you have the facts, mouthing off right now might turn out to be embarrasing later.

As for the discussion, I guess we would finally see the end of the "Gone in hours" catchline from placement reports, which has been milked so much by some wannabe institutes over the last year.

All said and done, people seem to have jumped the gun...MDI still has to release its official report.. I really hope that they set a good example by coming out with an honest report based on figures and not on global gyan like some others this year.

Well I don't understand what ppl mean when they say honest report this year ? If by any chance you are trying to hint at the reports which came out for the previous years of which you sitting in some god forsaken corner of India definately know everything about, the word to be used is keep MUM till the actual report is out...
Jumping gun or not jumping gun is another issue ..however if you read any of those reports they talk about placements getting over in X hours on Day 1, if that means anything to you...
I agree that Day 1 Might have different connotations for different Institutes especially some of the bigger institutes (ABC) and not the wanna be ones you mentioned...have concepts such as Day -1 too...I tend to agree with some of the arguments up there that in the Jargon of B-schools such facts quoted are only to be understood and not try to be too smart and fling mud at other institutes..
And as far as other institutes are concerned I can honestly say I don't know how they proceed with their Jargons niether do I care a lot..the important fact is to look at the cos which visit the top 10 campuses coz these coz offer the SAME package and profile across these schools (assuming they don' t accept differentials which is the case with MDI atleast ..) and then you can personally make a choice between the schools when you have to make one.
Salary is something which is definately secondary and at the end of the day profile and the choice of the company is what makes it worth the two years..have lots more to say however will keep that till later..
Regards...
33
Well I don't understand what ppl mean when they say honest report this year ? If by any chance you are trying to hint at the reports which came out for the previous years of which you sitting in some god forsaken corner of India definately know everything about, the word to be used is keep MUM till the actual report is out...
Jumping gun or not jumping gun is another issue ..however if you read any of those reports they talk about placements getting over in X hours on Day 1, if that means anything to you...
I agree that Day 1 Might have different connotations for different Institutes especially some of the bigger institutes (ABC) and not the wanna be ones you mentioned...have concepts such as Day -1 too...I tend to agree with some of the arguments up there that in the Jargon of B-schools such facts quoted are only to be understood and not try to be too smart and fling mud at other institutes..
And as far as other institutes are concerned I can honestly say I don't know how they proceed with their Jargons niether do I care a lot..the important fact is to look at the cos which visit the top 10 campuses coz these coz offer the SAME package and profile across these schools (assuming they don' t accept differentials which is the case with MDI atleast ..) and then you can personally make a choice between the schools when you have to make one.
Salary is something which is definately secondary and at the end of the day profile and the choice of the company is what makes it worth the two years..have lots more to say however will keep that till later..
Regards...


well, well, well..

it seems that raj completely missed out the point..honest report is an "HONEST" report, and need not have different meanings attached to it..even from this so called "GOD FORSAKEN CORNER", nobody wud be wrong, if he asks u to tell honestly about ur placements, that too, when already u people seem unable to justify the tall claims of having placed people in 4 hours..

coming to the point directly..stop shuttin other's mouths and rather come out wit a report dude..r the MDI folks so bad in mathematics that they need 34 hours (plz calculate the latest time from Mandevian's mail that came on 7:17 pm on 16th) to calculate their average salaries..

now coming to the issue of jargons that r used at the B-skools..i believe it is really gud that u r not concerned wit the jargons of the other institutes..but wat bout u, urslef nd ur institute..u must be well versed wit them..so why doesnt any of u xplain the ppl on forum, that what do we understand by the jargon "4 HOURS"..so better stop talking bout the connotations used by ABC or for that matter K (we'll deal wit that) nd let us know bout MDI..

sanju baba very clearly xplained the procedure followed at the iims, and i do suport his argument..but suddenly wat makes me wonder is those "4 HOURS"..how could u call all the odd 30,40 (or watever u r plannin to claim in r report) companies in those "4 HOURS", and hold the placement process for the batch of 120 students..now dont giv the crap about PPOs and Laterals as the placement doesnt end there..ppl must be having multiple offers at ur institute as well..

one thing i will like to share wit the forum..
wat makes me come and write on this thread is that i hav seen several of my frnds nd batchmates misled by the false reports that r given by several institutes..they go to these colleges in the hope of gettin high paid salaries for that matter of more than 7 lakhs and feel completely cheated after landing with much lower ones..

i wud even suggest and recommend to start a new thread, where every institute explains the policy adopted by them while calculating their average salaries and coming out with detailed placement reports..one of such initiatives was done by coolavenues.com, but last time even they complained of institutes giving fudged data..one of the links by coolavenues.com was earlier posted on some thread of pagalguy where out of the whole gamut of institutes, very few like IIM A,B,K, XLRI, SJIMR, XIMB had been entirely transparent in disclosing their placement records..lets take it as a moral repsonsibilty by all the b-skoolers and help the coming batches from following any wrong informations..

raj, expecting ur nxt reply, wit the report ittself..
cheers..
anudeep.
34

I think we should just stop arguing over this.

See, if any particular insti has been been fudging its figures or resorting to unethical practises, -
sooner or later, the truth's going to come out.

The prospective B-schools students have a high awareness level - people with work experience are more aware about what they want from a B-School, -
so, although, putting up unrealistic figures , may help the insti in the short term -
but, in the long run, its gonna have to fight real hard, to convince everybody, that it is deserves the accolades it supposedly gets.

Also, my personal opinion is that if you are really that good, you should have confidence in yourself-
and not be bothered by what somebody else is saying about you-
you should have the guts to "walk the talk" rather than resort to refutting, every absurb allegation coming your way.

Sanchayan.

35

i dont agree that we shud stop discussing this ...
see its been going on for years....bschools have been doing it for long now ..but no one knew ...coz when u r an outsider u get fed with such fudged data ..once u r in ..u know the reality but u dont to share it with outsider coz it hurts ur ego to tell others the reality of ur school...(so this has a built in safeguard)

there are all kinds of misinfo being passed arnd ....bschools claim oracle came to their campus when in reality its oracle direct which came ...which is the call center arm of oracle ...and then they say the job profile wasnt that gud for oracle ..come on man ..call center ..wot else do u expect ?

xlri claims that they have their placement process online ...i wud really like to know which part of it ...except for asking for resumes thru mails sometimes n some companies taking telecon or videoconference interviews ..wot other part is online?
ppl still go to placement office to sign up for a company ...in iit i got placed after applying to 12 companies ...and other than for the interviews ..i went to the placement office jus once ...everything else ..resume submission..signing in for the company..everything was online ...
this is wot u call online not asking for resumes by mail...

and by the way i am not sitting in a remote corner of the country ...am sitting at a place where most of the action is ...

and i get pissed off reading these stupid reports coz i have seen enuff ppl getting mislead by these reports ...

i am still to see believable looking reports from any other institute other than the 6 IIMs ...i must commend Indore n Kozhikode in this ....coz they show gud placement but they r honest abt big investment-banks not coming to campus ...n from the placement reports too u can make out that these r emerging campuses which r coming up quickly ....i think 2 3 years n they will b way better than the xlris n mdis....thats coz they dont have an identity crisis ...they dont have to prove that they r equal to or better than IIMs coz they R IIMs ..every other school trries to equal some IIM ...n the ways they resort to do this r clearly seen here ...

dont talk abt jargons man ..no jargon was involved in gone in 6 hours ..be honest n say gone in 6 hours on day 4 ..wots the harm ? u think ppl will stop applying for MDI ..no man ..thats not gonna happen ...it wud have been ok if its was jus day 0 or day -1 ..but 4 day 0s day -7 ..thats ridiculus ....bschoolers doctor everything from time to salary stats to job profiles to everything one can think of..and u want us to b ok with it ..coz thts wot everyone does .....wot the heck man ....

time to b real ppl..

36
i dont agree that we shud stop discussing this ...
see its been going on for years....bschools have been doing it for long now ..but no one knew ...coz when u r an outsider u get fed with such fudged data ..once u r in ..u know the reality but u dont to share it with outsider coz it hurts ur ego to tell others the reality of ur school...(so this has a built in safeguard)
hmmmm...so Mr. Honest, i cant think of one reason y all this discussion has to take place only on MDI's placement thread....just coz someone said that the placements were over in X no. of hours???.already there r a coupla placement threads running here which as per U give bloated figures and all of them mentioned something bout X no. of hours ....i wonder where were u wen they started???and if u blv B schools ahve been duping students by giving INFLATED SALARIES in their prospectus and else where then my dear even a kid knows that this is a very common practice at all instis so dont scratch ur brains too hard bout it.
xlri claims that they have their placement process online ...i wud really like to know which part of it ...except for asking for resumes thru mails sometimes n some companies taking telecon or videoconference interviews ..wot other part is online?
ppl still go to placement office to sign up for a company ...in iit i got placed after applying to 12 companies ...and other than for the interviews ..i went to the placement office jus once ...everything else ..resume submission..signing in for the company..everything was online ...
this is wot u call online not asking for resumes by mail...

and u know it is a very bad habit to take names of instis and accusing em blatantly...... u cud have been euphemistic coz wen u say bout XLRI and all ...wow now how am i supposed to blv that wat u said is true and wat XLRI ppl calim is false???just coz they run a B SCHOOL which has very gud reputation....and all the BS u've said bout online placements at XLRI...wat else can be done online apart frm the things u've mentioned??? and how do u know that studs dint apply online for ne company coz AFAIK there r a lot of companies which accept ONLY online registration....

so my dear plzz let the MDI ppl enjoy their placements and u to go home and take a rst frm mud slinging....i might sound xtremely rude and arrogant thru out this post but the way u r trying to constantly malign these instis and only some particular instis and all ur posts constantly r in a very rude manner and the way u r trying to garner support frm some other instis by saying that thry give actual placement figures(learned these skills at gd practice sessions ...heh)......all this warranted this post....

so dude take a chill - pill

adios
rohit
37

dudel if u want to know wot else can b done online in placement process ..jus ask any of the iitians from d or b ..or else jus ask iim cal ppl ....jus coz u r not studying in a wired campus and dont know wot placement process going online means that doesnt mean noone else is..

as for me appearing on this thread ...i jus took it at random ...and also becoz i dint like the "gone in 6 hours" tagline last year too..n i was hoping they will change there ways this year ...

as for euphimism ..i dont believe in that ...i gave names coz if wot i am saying is not true..ppl from these institutes have the chance to refute it by giving info contrary to wot i say ...and u know wot is a bad habit ...lying..n then trying to defend it by saying that everyone does it ...this is the kind of attitude which had lead to this situation...

am not looking to garner support...coz i dont need any...as for the skills ...they r there or they r not there ...u get my point ?

i dont wanna spoil their fun..as i said its way too gud anyway ...they dont need taglines like gone in 4 hours to drill in the point ...that is my point of contention n nothing else ..

man i wud really like to know in wot manner was my post rude ? trying comparing ur post n mine for the langauge n u will see the difference ...coz u R rude..

38
I think we should just stop arguing over this.
Sanchayan.

And do what ? Burry our heads in sands ! Lets close the forum then !

hmmmm...so Mr. Honest, i cant think of one reason y all this discussion has to take place only on MDI's placement thread....just coz someone said that the placements were over in X no. of hours???.already there r a coupla placement threads running here which as per U give bloated figures and all of them mentioned something bout X no. of hours ....i wonder where were u wen they started???and if u blv B schools ahve been duping students by giving INFLATED SALARIES in their prospectus and else where then my dear even a kid knows that this is a very common practice at all instis so dont scratch ur brains too hard bout it.
Sanchayan.

Now come the conspiracy theorists.But I do not agree to the fact that since this fudging is uniform across b-schools It should be given acceptance.At least the institutes can come out with thier procedures and definitions as someone pointed out.
Anyway,my rather unconnected pvt view : Bschools ought not to be in the business of placement at all,let them concentrate more on the "school" part than the "business"!

Taking nothing away from the fab placement of MDI though,lest this post be taken as part of a school bashing binge!
Regards
39
as for me appearing on this thread ...i jus took it at random


yep random it is.....out of all the threads on PG running at the moment including placement threads u suddenly land up here on MDI's placements thread...sounds pretty random...

...coz u R rude..

u see i atleast confessed that i m rude....got the point?

and i dont know frm where u got to know bout my campus not being wired and stuff.....seems u 've lousy agents spread all over DLI....and btw i DO know wat happens in an online process so plzz dear get ur facts clear and dont ever make such gross and sweeping statements bout neone bfore knowing him/her.

and just coz U dont blv in euphemisms gives u the permit to openly sling mud on ne insti , even if u just keep posting rumours and dont even bother backing em with ne facts.
btw ppl at the instis u've mentioned have much better things to do then respond to some baseless allegations being spread by disenchanted fella.....of course i m realtively free so i can do that and blv me sooner or later they will reapond but only wen they feel convinient and not wen u want them to do so coz they r not answerable to u.....
u see it is very ez to sling mud at someone and gain instant recognition...thats the way it has been happening so far in INDIA......i hope u get the point

adios
rohit
40
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"


Still no Response MAnDevian!!!!! Around 36 hours since I requested u for these details???
As some one said in his post are u people for IIMA to publish their report!!!!

How much time does it take to come out with a report!!! More u delay more ur making people believe that facts are not GENUINE??
Was seeing other posts also!! So people with PPO n Lateral Placements dont sit in "4 hour" Finals??
So u guys get only 1 Job per person???

This Thread is MUST for all B-School aspirants. Wud be an Eye opener for many!!!!