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!!!!
U come with a mission or what? I'd recommend banning for someone to continue with thier obnoxious institute-thrashing! Mods..plz take note!
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!!!!
As i said - am waiting for the official press release by the placement cell... won't hear any news from me till them (for ur records one of the "elite" bschool had its placement a day before ours and the press release was out today only....)
Neways - it really will be an eye opener when people come to know where these new members (read people with 2 -3 posts) come from - just to create a chaos on this thread... we really want to hear which b school u belong to...
As i said - am waiting for the official press release by the placement cell... won't hear any news from me till them (for ur records one of the "elite" bschool had its placement a day before ours and the press release was out today only....)
Neways - it really will be an eye opener when people come to know where these new members (read people with 2 -3 posts) come from - just to create a chaos on this thread... we really want to hear which b school u belong to...
Talkng about external bench mark is fine. But then there are sum internal bench marks also that are to be followed.
Someone said in his post about some institutes praised for their transparencies. Should this be the ground rule for every b-school!!! (For the fact even for the "ELITE" b-school that u mentioned).
Talkng about external bench mark is fine. But then there are sum internal bench marks also that are to be followed.
Someone said in his post about some institutes praised for their transparencies. Should this be the ground rule for every b-school!!! (For the fact even for the "ELITE" b-school that u mentioned).
The missionaries continue to skate on thin ice.:huh:
And a little earlier I was castigating someone for "conspiracy-theories" ! My apologies to that person ...u certainly seem correct now...why continue this discussion of data fudging on an MDI thread at all...and with such zeal....it was ok until it was a generic concern of freshers unable to see thru decorated b-school data, but the debate certainly seems to have been usurped by suspicious elements! These guys with 2-3 posts (with all thier postings only in this thread!) sure deserve being watched.
Still no Response MAnDevian!!!!! Around 36 hours since I requested u for these details
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??
dude, placement cells usually take their time to come out with reports...ppl here sometimes put up whatever info they can b4 official reports come out. plz try to appreciate their efforts rather than lambasting any post providing info. if ur post is intended as a query regarding the incompleteness of data, then u cud have at least worded it better. regards, poltergeist.
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.....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..
dood
i never wud have replied to nething else you said but i can smell the arrogance you are tryin to show...
You know nothing about the guy who you are talking to, how can you then simply say "u r not studying in a wired campus"...the reason i am guessing is the fact that u come from an IIT(D or B?)....
I have nuthing against IITians, In fact PG itself has hordes of IItians from D,B,K,KGP,M..all uv 'em.i have a lotta friends in IITD and most of them are great doods , but every once in a while there comes a schmuck who can't get over the fact that he cracked the JEE...
OK you come from IIT, so big deal, doesnt mean other campuses arent't "wired" and dont know what apping online means, they are allowed to use the internet right?
let me try to make one thing clear for the people who are asking why mdi is not coming out with placement details....see i am from the media cell of my skool and i can tell u it's always a rule in any skool one cant come up with figures till there is an official compilation ...then u come up with a press release..n it's released all over the media simultaneousy n those who r harping on the fact that why it's getting delayed....dood it's the annual placement report...so before releasing it ...it has to pass on thru various official hands....n no student can or should post it at his own discretion without getting a green signal from the relevant authorities....
so i say plz hold paitence...give them time....n let them come with the official press release..n yeah plz appreciate the fact that some of the best management brains in the country have been offered some of the best jobs...give them due credit instead of keeping on blasting ...
hmmm.... i wonder if some ppl on this forum have some personal grudge or animosity against MDI......since ppl dont like euphemisms so i'll explicitly say that the purpose for which the thread was started had now been lost to one insane argument constantly bring propelled by some disenchanted fellas....frm talking bout placements at MDI and congratulating our fellow PGites this thread has been transformed to an MDI (and also certain other instis which some ppl who r 4 posts old on the forum dont like) bashing thread.i wonder wat next they might come up with ....some kinda this insti XYZ SU***S As curtz now has already mentioned why MDI ppl cant come out with the actual figures i hope some common sense will prevail here but it's really bad to see ppl who seem to be talking bout ONLINE placements and PPOs , LATERALS,ACTUAL FIGURES,CTCS....as if they have headed many instis' placement committees dont know the simple facts bout official declaration of figures.
and btw i dunno wat kind of EYE opening posts we have seen or not seen on the thread.i have my doubts that ppl join ne insti based on the pay pacakges or the no. of foreign placements that insti had this yr.the 2 yrs a person spends at these places is worth much much more than all the FAT DOLLAR PAY PACAKAGES.and then everyone knows some statstical manipulation is there wenever these kinda things r made public but it seems some ppl who otherwise claim know bout all gud things in life seem to have missed this point.my dear leaders of the me-very-honest brigades our eyes r wide open by constant interaction with all the fellow PGites here.i think it's about time u channelise ur energies and time to some other interesting threads and learn bout wats happening at our countries B SCHOOLS than demanding an explanation for ne thing under the sun. BTW dear MANDEVIANS ...dont give a damn bout wat ppl say .....it is ur moment of glory ....just ENJOY
let me try to make one thing clear for the people who are asking why mdi is not coming out with placement details....see i am from the media cell of my skool and i can tell u it's always a rule in any skool one cant come up with figures till there is an official compilation ...then u come up with a press release..n it's released all over the media simultaneousy n those who r harping on the fact that why it's getting delayed....dood it's the annual placement report...so before releasing it ...it has to pass on thru various official hands....n no student can or should post it at his own discretion without getting a green signal from the relevant authorities....
ciao..
Ha Ha Ha !!!! joke of the century dude...........................
Nonetheless congratulations on the excellent placements for the batch of 2005.
You ppl may be good in management education and placements but if the above logic given by curtz is given you definately have a crappy administration to "officially sanction" a report that requires "to go thru many hands"..........................bhai sahab B-school chala rahe ho ki government of india ????
PS: BTW to find average :- > add all accepted salries/no of student median : - > arrange all salaries in ascending order and pick up the center value.....................
hope this helps.................
Tarun
PS2 : message was by intent meant to be full of sarcasm.................
Moral of the story:'One more' Manager Bites the dust..... BTW thanx rohit for taking care of this brattish dude. You can see there is not a single reply from xlers on many of the accusations thrown in this thread. I believe they were too busy taking care of their studies to notice these one-off baseless accusations. Just to clear few things whoever came with that myth of -7th day placements.....it was really hilarious.... I and my many friends here really enjoyed that post. Anyways to tell you the truth... there sure is this concept of -1 day at all the top colleges but that is totally reserved for elite Foreign companies and it sure does have a very few companies on this day (last year there was just 4 top consults on -1st day at IIMC) I guess that is reason it is not included as a proper placement day. This in turn means that day one companies at top 6-8 colleges are more or less similar. And about this Online Placements thing.... dude do u really think that even interviews can be conducted online. Obviously not. Its again a simplified resume submission process like u expect a wired campus to have albeit with a little difference, that companies can check these resumes sitting from their offices. By the way how much time does it takes to come out with average and median salary analysis? As far as i know anytime a student signs out with a job, his salary figures are put into Computer and don't tell me you still have those Pentium-1 processors which take exorbitantly long time to run spreadsheets. I think Foki53 put the placement process in the most transparent way...last year the placement here started at 15th of February and placement figures were all over the net (cool avenues and blogs) and in newspapers next day. Even this time I believe the figures will be out within a couple of hours after the placements are over... (Even though there would be lot of negotiations still going on) . Those B-schools who are shying away from salary figures certainly are waiting for these top schools to come out with figures so that they can place their figures somewhere close to them...( And in turn save their embarrassments of quoting higher salary than IIMA) I know this discussion is creating lot of confusion amongst the aspiring managers. I also felt the confusion 2 years back having to select one among many calls and I found a simple way. I just tried to figure out whether its just a coincidence that the placement at top colleges happens at the end of placement season? And guess what I found a right solution to my dilemma. Note: dont expect any replies till 5th of March that is when placements are starting here. Check for the first post about the placement on the net and in newspapers and u will know how much time does it takes to place a batch of 190 people. A final clarification this is all I know from my experience sitting at this place for last two years. There might be few small aberrations to what I stated.but that can sure be clarified. Even as I am writing this post I am getting information about the successful placement at IIMI .. Congrats to all there at Indore. Even though I am all too happy at MDI's placements I am sure mandevians are gonna leave IIMB and IIMC behind in the coming B-schools surveys Just remembered your Mr preetam singh was the director when IIML got Ranked first in few surveys which also had IIMB and IIMC placed below it.:)
dude looks like u r at joka ...am sure u have frnds in xlri ..who u think will tell u the truth ...if yes then a simple solution for u ...ask them ...
by the way its not abt xl or mdi in particular ..i jus quoted these e.g. coz i knew abt these ....
and i never said interviews can b done online ..n they r not done online ...but jus resume submission by mail ocassionally cannot b defined as online ...which was splashed bigtime in media by xlri ..dnt believe me ? read coolavenues ka last year ka xlri placecment report ...
and by the way ..placement report takes days to prepare ? :-/ come on man..its a placement report not india ka annual budget ...by the way wots the need to get it passed thru various hands ? if its the truth everyone involved must b knowing abt it ...wot is there in it thats to needings clearing ? if its the language ...i dont think that takes 2 days ...does it ?
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:.
No one is doubting their stature. The question is "Why do they have to bluff, when they are among the country's best?". XL's brochure says that theri highest salary is 8.78 LPA, and avg sal is 7.14 LPA. They also have companies in their recruiter list, which offer compensations of Also, the fact that their highest sal has come down from 14 LPA the previous year to 8.78 LPA itself makes it clear that the high paying jobs have disappeared. Then year after year, how does the avg sal keep increasing despite this? PS: XL website stated that the avg sal of 2003 batch is 8.06 L , the highest sal of 2004 batch is 8.78 L. Now which of these statements is a "story"? Or both??
and i never said interviews can b done online ..n they r not done online ...but jus resume submission by mail ocassionally cannot b defined as online ...which was splashed bigtime in media by xlri ..
Online CV submission means a la naukri.com type interface and process where at one end you have customized company-oriented CV Uploaded on a particular link on the website, on the other hand Companies can log in and look into the CV's Submitted to their companies.
onemore Says
dnt believe me ?read coolavenues ka last year ka xlri placecment report
Btw if u think online process means online CV submission through email.. What do you think company like Blueshift doing in this affair? Really hilarious. Just to help others. Please follow the link http://www.coolavenues.com/placements/2004/xlri_press_online_plcmt.php3
|onemore Says
dude looks like u r at joka ...am sure u have frnds in xlri ..who u think will tell u the truth ...if yes then a simple solution for u ...ask them ...
Btw I doubt what does your Media Management Cell does during the placement time... (whats so unique in writing a 1.5 page media report except for change in name of companies and number of offers they made and few highest offers). And in any case u could have pasted unofficial figures which u would have got from your so called experience. I think even XIMB did a better job than u guys since not only they came out with salary figures details but also the lowest salaries offered to freshers etc which should be more a matter of concern for prospective students. Yaaru guys have got fantastic Placements and it really feels good to know that, its time for u guys to celebrate it and just take ur hands of from Mudslinging everyone else. Pagalguy is a good forum for aspiring managers and please dont make it another Coolavenues.
Hardly surprising, given the fact that Management Development Institute, Gurgaon ranks among the top 10 business schools in the country. The 56 companies that lined up for the 2005 placements included corporate big shots like Wipro, American Express, Deutsche Bank, IDBI, TCS, HDFC, HSBC and J P Morgan.
The average annual salary on offer was Rs 8.3 lakh, a good one lakh up from last years average of Rs 7.29 lakh. And there is a reason for it.
The two worst years for B-school recruitments were 2002 and 2003 when the I-T slump had happened. Last year was better but the market was in the recovery phase. This years going has been really good and quite apart from the placement situation per se, the good news is that this is a clear indication of the markets complete recovery, explains Professor Ashok Kapoor, head of communications, MDI.
A solid 32 per cent of the outgoing batch was picked up by I-T majors like Wipro, Satyam, Patni, IBM, HP and TCS. For 23 of the 56 companies, including Godrej, Cadburys, ITC, William Mercer and Deutsche Bank, it was their maiden foray into MDI as recruiters.
Raja Dutta, all set to receive the highest salary in the 2005 batch, is on cloud nine. He will join Shell as a management trainee in marketing and human resources. He echoes his professors optimism about the Indian market. Even the lowest salary was Rs 6 lakh p.a. and it is that rather than the highest salary, which is a more reliable indicator of the market situation. The most interesting part is that myths about the IIM-non-IIM differences are increasingly getting blurred by the kind of faith the market is showing in non-IIM B-schools. But the public perception persists, probably because the alumni strength of IIMs is much bigger. The institute had 150 recruiters slotted over a period of three days. With placements over in hours, they had to send urgent dont come messages to about 100 companies slotted for the last two days. That was slightly embarassing because the companies that went back included some of our regular recruiters, Shrimali says.
just to tell u few fact, i was at the scene of placement last time and beleive me for only 60 businesss management students (PGDBM) and 60 PMIR candidates with more than 30 LRP ad 25 PPO's the salary band was pretty small. Beleive me there were hell lot of companies offering a package of 6-8 lakhs (not to mention that is CTC)
Here comes ur report and Average salary looks really good....good news for ppl here sitting in CRP.
Ha Ha Ha !!!! joke of the century dude...........................
Nonetheless congratulations on the excellent placements for the batch of 2005.
You ppl may be good in management education and placements but if the above logic given by curtz is given you definately have a crappy administration to "officially sanction" a report that requires "to go thru many hands"..........................bhai sahab B-school chala rahe ho ki government of india ????
PS: BTW to find average :- > add all accepted salries/no of student median : - > arrange all salaries in ascending order and pick up the center value.....................
hope this helps.................
Tarun
PS2 : message was by intent meant to be full of sarcasm.................
hmm full of joke or crap hmmm well i dont know how iit-d operates...but yeah if its a placement report then dude i hope u'll know it takes time to come up with a press release...n by passing many hands it means the final officially compiled details have to be seen by the director/dean etc of the skool...n yeah AFAIK it holds true for every skool...it's not just simply calculating the data n posting...every company divides its salary into various components...n one has to critically examine all the components to see which among it is used to quote by the skool...it's basically abt the ctc component abt which u will know there are some parts which is never quoted...otherwise the salary will show such figures that ppl will lol after...
so u must understand it's not just simply sitting on an excel sheet n doing calculations...it takes time so that what comes out is one final piece...not that the secong day u come in n say oops there was a mistake now the avg is xyz amount...that wutz i have seen accross b-skool campuses....n mayb iit-d is diffrnt...but hey exceptions prove the rule period.
ciao..
P.S. bhai tx for the compliments agar hum govt chala sakte hain to b-skool bhi..mere khayal se.. ...
P.S. 1 waise bhi yaar mere joke pe koi hasa nahii....shayyad appko chorke kisi ke palle nahi padi...congrats..
can't help the morons who first quote a particular link and don't even bother to look whats written on the page......
do not start mudslinging here or i'll have to post the salary CTC details of quite a few companies in ur placement Report which has already made a claim of no SUB- 6 LPA companies. and hey where have all the consults gone .. i don't see any of them....
first of all, congrats to mandevians on getting jobs!!!
please guys, clear some doubts i have been having....
how can the average salary be 8.3 lacs??
companies like IBM pay 6 lacs to all the campuses throughout the country(CTC figure)
even HDFC pays you a CTC of 4.75 throughout all campuses.
JP morgan, regardless of putting you in either their grc or crg division wont pay you more than 5.5 CTC
same with IDBI which pays you 5 lacs CTC across all campuses
ITC wont pay you more than 6.5 lacs CTC and believe me, this is a real high paying company.
patni is again at 6 lacs
wipro technologies gives you a max of 7- 7.5 lacs.
these all companies picked up my batchmates at the above mentioned salaries. and believe me, these are THE BIGGEST PAYING corporates at your campus if i am not mistaken. please could you guys give out names of other corporates with offers of over 8 lacs. even taking these big offers, the average works out to be around the 5.5 mark. how can the average be a whopping 8.3 lacs????? PLEASE EXPLAIN WITH SOME COMPANIES AND THEIR FIGURES.......please....
, the highest sal of 2004 batch is 8.78 L. Now which of these statements is a "story"? Or both??
The average annual salary on offer was Rs 8.3 lakh, a good one lakh up from last years average of Rs 7.29 lakh. And there is a reason for it.