I don't have much to say in this regards.......
I think its a well known fact about many instis fudging their data......
right....
We all kno this - that this happens........
Do u think, the guys from any institute which is giving data which seems incorrect....wud not love to come out and tell all of the truth......
Guys I personally kno some of the PGites from MDI.....
It would really be great if this thread is actually locked and this matter is put to some rest.......let these friends of ours in MDI have some peace to decide wat to do.......and guys believe me......there exams are going on abhi and u dont expect some one to come online during this period to post details........
I think there is something called PATIENCE.......
Many of the people here have just posted a lot too much.......
I agree with u in saying that since MDI people r having their exams, they should be given more time to respond to these queries. If I'm not mistaken, the exams r ending tomorrow, so it'll only be fair if we don't expect many replies from them before then. But I'm not in favour of the discussion thread being closed for two reasons:
1.) It'll deny mba-aspirants access to valuable information which would help them decide as to which b-school they wish to join.
2.) It'll be unfair for MDI people not to have got a chance to defend what has been claimed or to come up with suitable clarifications.
OK I agree my insti has been always the one to come with exact details and most accurate ones.....(our bad luck we dont put stats to the use they shud be)......and dats y we r so confident of giving all the data so openly.....
But, then consider what they might be going thru......if these guys at MDI search and find accurate details and put them up here......what they might be up for in their insti - has neone ever thot from this angle......I think only a b Schooler out on PG can empathize with these guys from MDI if he/she knows them.......
I kno now i am also in for getting bashing for supporting my fellow PGite frnds at MDI.....but then as I said......guys sitting outside a B School........u really will never know wat goes on inside......till u come in......
Let us not forget that the purpose for which this site has been setup is to help mba-aspirants make an "informed choice" about their future and not to bash a particular institute. This is not the official site of any B-School where we need to make politically correct statements only. It is in the interest of all that the unnecessary hype over salary figures is clarified (not through official channels where a brand-war is on, but through discussion forums such as this). For starters there should not be any backlash over what is put up informally here by a b-school grad. Even if there were scope of it and one really wishes to avoid such an unpleasant scenario, nicknames can be used to guard identities.
U r asking for exact placement process.........can u tell me any institute which has posted its exact placement process....how long it has taken in actual.....no one has........is the time in which students get placed that important for u........
There r some facts which u just need to ignore on a placement report - and time and salary are one of them..........
As i have since start stated......salary is secondary.......what matters is the co. and the profile.......
and trust me all these cos. comin to MDI wud be giving excellent profiles.....
There is no need to give the exact placement process as the days and hours required to place everyone is absolutely immaterial to mba-aspirants and it varies widely across b-schools. However, since salaries offered during placements are a very important factor for any would-be mba to make decisions abt which b-school to go to, it should necessarily be discussed in the open, specially through such forums. Whether salary "should/shouldn't" be a major decision-making factor for any aspirant does not take away from the fact that in reality IT IS.
And y such a shouting over HSBC......I might very well say......if campuses where HSBC bank went....if they r saying HSBC came.....they shud state it was bank......and trust me if u think AMC pays less than bank in HSBC......dude.....U HAVE NO CLUE WAT JOB IS DONE AT AMC and wat kinda money is there in AMC.......
I have not stated it - this package from HSBC AMC is simply vanilla ice cream.......JUST PLAIN OLD CASH - Those gren notes wich i think is y most of the posters here are all concerned about to get from a B School......(so sad - u guys think B School is all about money honey)
Well its just that they havent given their exact CTC........coz its not fixed.....
And in AMC......u make more than ur CTC......as incentives.....IT IS THE JOBS IN AMC's WICH MAKE U EARN LIKE CRAZY...maybe have enuf salary to be first among ur batchmates to own a BENZ (ah my dream)
Whether HSBC AMC would make u rich or not is not the question - it might as well do. The question is whether it's HSBC or HSBC AMC. One must, however, in this case excuse MDI for this because it's not exactly a case of mis-representation as they did not claim it to be HSBC Bank, thus leaving it open to interpretation.
And if u r concerned about exact time and procedure.......kindly ask all the B Schools to come out with how they have went out with their placements........I know wat has gone on in each and every B School, where placements have concluded.......
So just ignore this part......it will be gud on everyones part.........
One can't shun one's own conscience/responsibility on the basis of others doing the same. Besides, an effort to make expectations from b-schools reasonable for aspirants needs to be made at some point of the other. Whether it a justifiable/rational to start with MDI is debatable. I'd even go on to say that to a certain extent it a merited (on account of the sheer scale of mis-representation here). Whatever the reason might be, I feel that the intervention of "Pagalguy" himself in trying to seek the truth goes a long way in saying that some sort of normalcy needs to be restored vis-a-vis placement claims by b-schools.
highwaystar701| Says
About money.......I think our forum is not into ranking business.........so I hope if we can have a consensus den salary figures quoting can be done away with.....Do u guys think till date IIMs have been stating their actual salaries.....its simply that uve been blindly thinkin they have been.......they just cannot state actual...the rate at which fudging is going on.....
I'm from an IIM, having graduated in 2004. I wouldn't say that the data offered there is 100% accurate, but if a scale-up is done, it's not on such a blatant level. Not to say that i support it. Off the record, I'd like to state here that the median salary at our placements in 2004 was around 5.5-5.75 lakhs (which was scaled up to a little over 6). I'd "assume" it was the same for other IIMS and some b-schools such as XLRI/FMS and for others perhaps in the region of 5-5.25. This year placements have been better on accounting of a booming economy and it'd be justified to expect an increase of 0.5 lakhs per annum in the respective figures above.
highwaystar701 Says
Just keep in mind that all the top B Schools will be having median salaries in the range of Rs. 5 to 6 lakhs this year around (for domestic) and international can vary.......
I hope this thread is now given some peace........the more hotter it will get....the more dificult it will be for MDI guys to put somethin here.......coz they know if even one post from them comes.......u guys r gonna jump on them like anything........
This is not the right way of conducting a discussion........u guys r aiming to be managers atleast show some patience and give time to other side.....to decide how to go about it........
thats all i hope peace will prevail now......
It is not right for u to assume that people who've expressed their views in this thread are not familiar with discussion etiquette. If at all sentiments have got the better of rational thinking on a few occasions it's only on account of a high level of interest/involvement in the discussion.
|highwaystar701 Says
P.S.: Its sad to see people are just aiming to do MBA for fat paychecks.....really sad.......its much more than that......when will u realize........
It is sad indeed for people to pass judgement on others on the basis of their enthusiasm regarding certain information which would help them in making a vital career decision. There might be a lack of access to accurate information amongst would-be managers, but the very fact that they have come to a stage wherein this discussion holds meaning to them is evidence enough for their being intellectually mature and capable.