MDI, Gurgaon - Final Placements 2005

MBA
163


None of these companies, NOT A SINGLE ONE had a component known as training and development cost.

So just tell me guys how can you or me sitting here decide what is the training and development cost for each and every company.




So how did your office do that ??? Asked each company personally ??

Regards

Tarun
164
So how did your office do that ??? Asked each company personally ??

Regards

Tarun

Just go thru my entire post once again. I had posted that expect for the company and the placement coordinator no one else knows the figure which would imply that they have got the figure from each company personally.
JJ
165

Even after reading the whole thread I still don't understand what the is main gripe of the ppl. Isn't it common knowledge that the B-schools and the companies fudge the placement figures? And this issue is not specific to MDI, it applies to all the Indian B-schools. And why should we doubt figures only from MDI and not from the other institutes. Has any impartial third party verified their figures as correct?

The salary figures are going to be highly influenced by the profile of the ppl in that particular batch. So we can't say with any certainity that the salary offered by a company in MDI can't be more than that offered in any other campus.

Let some independent third party come up with the batch profiles, breakdown of salaries offered across all the institutes and then this discussion can be carried to its fruition.

166
So we can't say with any certainity that the salary offered by a company in MDI can't be more than that offered in any other campus.
Let some independent third party come up with the batch profiles, breakdown of salaries offered across all the institutes and then this discussion can be carried to its fruition.

Good Idea .
The only way such controversies can be avoided in the future is to have a standard method of calculating the pay package across B-schools. Until that is in place doubts would be cast over the figures of any B-school placement figure.
JJ
167

for ppl who wud want to know me , i am an aluminus of a higher ranked b school (trust me) and work on weekends with the best cat coaching insti in del and such statements seriously afect the mindset of some probables
i care a **** abt wat mdi places and where but do not give blatatnt lies which may affect even one probable candidate infuriates me


AHA ..a colleague

pray..which insti...because if u say

best cat coaching insti in del


AND

i am an aluminus of a higher ranked b school


it surely narrows down the field...

CAN i know ur name...have taught at Three "BEST" coaching institutes myself..then mebbe we can think abt the validity of the rest
168

yeha me in too wanna knw more about brute mba
wts wid alumunus of higher ranked insti ???jst say the name dude n make us proud

169

i wud preffer to stay anonymus , i am at cl and am gettin out of here , i think i have said wat i wanted to say , and i dont think any b school other than our very own mdi adds all that costs , as far as i know the co.s themselves tell wat ctc they r offering and tat is wat is quoted

any ppl frm other instis pls correct me if i am wrong so if shell says we r offering ctc of 7 i think 7 lacs are added to the total salaries, every where this is the norm and most of the companies themselves try to bloat salaries to attract fools like u n me .
they never fail to ad all these components in their ctc

and mdi pl i ll be waiting for some clarifications ( so now atleast mdi agrees that 1 guy with 2 yr work ex got 5.25 lks ) which is lower than their bloated figures wat wud a fresher get as lowest u can imagine

that prooves wat i wanted to say

nities , sp , iift , fms placements reports dont misguide the students with false claims , same goes for jb and iit b

and any of u have any thing fictitious abt the above mentioned instis as they have candidly accepted wat they r


and for ppl our esteemed 3 d ranked insti does not have a single international placement and still higher sal than fms (8.1 and seems true)

again get real ( mdi waitlist cleared last yr 150, fms 22)



pg i know i was harsh and i had apologised

again sorry i know mdi is a gr8 place to study but do u require such a false propoganda

170
again get real ( mdi waitlist cleared last yr 150, fms 22)


just a little correction...waitlist at MDI went till 50..your truly was left wating at 56
171

one guy is in mdi today with 120+ wl in 2003 (puneet khanna)
dont get me wrong he is not known to me

i remember any ways i am out of here

all the best and any other clarifications on thet wud be welcome

172

Brute get ur years correct last year was 2004 and ur talkin about 2003.......

and about other instis average....do confirm whether they have included international salaries in calculation of average or not......

Atleast MDI ahs come out with their parameters.....

I have already at start always stated the way it is done at XIMB.....

I was a student with CL and I kno wat crappy way they rank instis.....
so plzzz u better keep out of here and stop mud slingin on any insti....
and it wud be better if u come out with which insti u belong to else u have no right to coment on any other insti........I kno it needs guts to be proud of the school one is from and if ur proud of it take an avatar like me and mandevians IIT-Dians and don many others and don the true colors of ur insti....

and do tell the name of ur insti wich may be higher ranked than MDI.....and do ranks at the top level really matter......cos are almost same at all places......

Its the brand name......not rank.......
So wats ur brand......

And Mandevians it was really great to see such a break up of the make up of average component......

Atleast they have tried and taken their time to come out with something fruitful and this brute stuck to his MDI bashin...y r u so obsessed with MDI bashin.....i think it can and has to stop now.......

Just merely teachin at a MBA coachin insti doesnt mean u have all the knowledge of all the sals at all the insti and I kno wat u guys at CL tell the students there about XIMB.........it wud be better if u can keep away from these forums if u wanna raise petty issues......else contribute constructively.......

cya,
Gaurav
PGPM: 2003-05
XIMB
P.S.: I did not wanna be so aggressive on brute but his comments have been nuthin but plain baseless comments without any prove and he aint happy to don the colors of his B School......wow......

173

The standard procedure that has been followed over years in MDI has been to break up the salary into five components....
1. cash component
2. Variable pay
3. Loans and benefits on interests
4. Training and development
5. Other benefits like leave travel etc

Also for that matter I had attended around 12-14 ppts of various companies. None of these companies, NOT A SINGLE ONE had a component known as training and development cost.


hmm!! training cost. Way to Go ... This way MDI you can even reach an average salary of 10L.:wow: .

Look every company that comes for PPT gives a CTC. Just few post before all the CTC of top companies infy, wipro, ibm etc were posted ... and those salaries were offered at IIML, fms and other top B-Schools. That CTC includes all the 5 components mention above... except training cost.

I suggest MDI please use those CTCs given in PPTs by companies to arrive at their average figure. As far as I know all the IIMs quote this way only.

Still 8.3 L average and highest salary remains unexplained.
174

Well this is for that cheap chap....brute_mba.
I do not know the personal reasons you are having to talk against almost everyone here and making some uncalled for claims!!
Better do not speak rubbish when you have nothing to speak.
You seem to vetting out some personal claims totally devoid of reasons and directed towards some particular venedatta this is total misuse of freedom of speech.
Well I would be really surprised if you have ever made even a single constructive post.I am actually more worried about the prospects of those MBA aspirants who are studying under your guidance.
People from CL,find out this guy and get him out of urs insti.
Well my best wishes to ppl around such a person.
Cya
Bye

175

it was 2003 nd not very sure abt 2004
and ppl if any one reading this had a call frm mdi with tat wl pls let the grp know mdi ans go nd ask tat guy himself (2003 )

y dont u understand i am giving names with stats not general statements

and for cl dont u worry i am doin a gud job there

enuff said and done

y dont u ppl go n check the archives of pg to rest assure urselves pg if u cud help

results were out april 2003 if u cud see some threads of tat time

176

But now brute....where r u takin this thread......
u r goin back by two years...
last year MDI Wl reached around 50 or so......and LAST YEAR IS 2004.......

ya a person not able to have years right might be teachin stats there......
god save dose studyin under u........

I didnt wanna get so personal...but look thru this thread......wat have u done here.......

have u done nethin substantial other dan claimin things........baselessly.......

UR NO ONE AND NOT AN AUTHORITY TO CLAIM THAT SO AND SO INSTI HAS GIVEN ACCURATE DATA........its for students of that insti to give the info.....and for rest to judge for themselves and for "others" like u to bring in an element of conspiracy........

the way uve gone here......ur an unguided missile......who has identity crisis.....
dude come out in open - WHO R U?
BE A MAN......

Ok do one thing......name the B School u r from...... and how honestly does it give data.....do tell us dat........we wanna hear it.......come on.....

If u cannot tell who u r ....... den say so...and admit that u were tryin to have ur own personal battle with Mandevians.......

Now since mandevians have given all that they cud provide u with, it is now on u, by how much to discount the stated average.......use how u perceive the component size to be on the average...talk to some people in industry other than Brute........

ciao,
Gaurav
PGPM: 2003-05
XIMB

177

Guys, this is heading nowhere. Let's differentiate between facts and opinions.

The fact is: MDI has quoted 8.3L average, and the students have come out clean with the method of calculation. Any more inquisitiveness won't help coz students, as they've mentioned, won't have any clue abt the method used for arriving at the Training and Dev. expenses.

Now, to take this or to leave this is left to everyone else. Isn't this the end of the discussion?

All this doubting integrity of students, opining abt the B-school etc is unwarranted. Take their claim or leave it. Believe it or don't. That's entirely left to you folks. But to influence others with respect to your *OPINION* is uncalled for. Plus, it doesn't matter if you've 5 posts or 500 posts, what really is the problem in coming out with your identities before opining?

Let better sense prevail...

178

"Hi eddy i guess u have a fair chance of getting in!!
i went to MDI office recently to get my Duplicate Call Letter...
the admission officer told me that last yr. also a list of 250 people was diclared and still more than 80 waiting was cleared!!

so eddy dear just pray that atleast 131+55 = 186 people drop admissions "

http://www.pagalguy.com/cat/showthread.php?t=3046&page;=8&pp;=25&highlight;=mdi

so now u understand wat i was saying was true

they come up with a list of 250
120 join and wl 50 clrs
so effectively wl =170

179

Hey Brute watever...

i guess its high time you toned down the *unnecessary* sarcasm in your posts. Going by your logic (or lack of it) tomorrow if iim b or c comes up with a list of 400 students the wl1 becomes wl221 or what?

One more post with disguised identity, i will have to reveal your insti name here. I hope you can imagine the consequences....

Thanks ,
Chandoo

180

Hey Chandoo,
The thread better be locked now.......
and it wud be better if his identity is revealed......
it wud only be just and fair .....since u revealed one of the mandevians we need to know who is doin all the crap talkin around.....
ciao
Gaurav

181
The fact is: MDI has quoted 8.3L average, and the students have come out clean with the method of calculation. Any more inquisitiveness won't help coz students, as they've mentioned, won't have any clue abt the method used for arriving at the Training and Dev. expenses.

The standard procedure that has been followed over years in MDI has been to break up the salary into five components....
1. cash component
2. Variable pay
3. Loans and benefits on interests
4. Training and development
5. Other benefits like leave travel etc


Well as far as i know 1+2+3+4+5 constitute the CTC and the companies quoted in the report doesn't quite pay that high even if we take their CTC salary. for instance the salary quoted b'fore in this thread for infy is a CTC and it includes everything you mentioned from 1 to 5... now i am curious evenif infy has taken a single candidate and there ain't enough companie paying more than 8 LPA (again its CTC), howz that min salary is 6 LPA (CTC) and Average salary 8 LPA (CTC again).

I guess this type of discussion is creating lot of discussion on the forum... so it would be lot better to come out with a list clearly showing number of candidates picked by each company and not mention salary thing at all and leave all other thing to reader's intrepretaion. If someone fro MDI can do this, would be of lot more help for others.

Last year some colleges like NITIE, JBIMS and few other institutes came out with such list and were really appreciated.(one can refer to Coolavenues for last year's lists)
182

Do IT !!!!!

We really need to know how genuine this person is

Plz

Tarun


Hey Brute watever...

i guess its high time you toned down the *unnecessary* sarcasm in your posts. Going by your logic (or lack of it) tomorrow if iim b or c comes up with a list of 400 students the wl1 becomes wl221 or what?

One more post with disguised identity, i will have to reveal your insti name here. I hope you can imagine the consequences....

Thanks ,
Chandoo