Management Development Institute (MDI), Gurgaon has announces its Final Placement Report for the year 2014.
The total number of students who took part in the process was 321, with 231 from the flagship PGPM course, 61 from the PGP-HRM course, and 29 from the PGP-IM programme. While 47 students accepted pre-placement offers from their Summer Internship Organisations, 11 students opted out of the placement process and decided to take the entrepreneurial path.
Average International compensation offered was INR 32 lakhs.
There was a substantial rise in the number of offers made by each company and the average compensation saw a significant increase of 15.15% over the last year.
Niche profiles like Media and Advertising, Fashion and Lifestyle, Digital Marketing, Analytics, mobile apps Marketing and Crowd Sourcing were offered in line with the changing trends. Many students preferred to further develop their entrepreneurial skills by opting for start-ups over other companies.
The class of 2014 consists of an eclectic mix of students from diverse educational backgrounds, with close to 7% of them coming from non-engineering backgrounds like Arts, Commerce, Economics, Fashion Technology, Pharmacy, Psychology and Science.
Although the batch primarily consists of people with a prior work experience in varied domains like IT/ITES, Manufacturing, Oil & Gas, Power, Consulting, Banking and Analytics, it also consists of an ideal number of fresh graduates, bringing in the much coveted diversity in perception and insight.
Sales & Marketing continued to be the most preferred profile with 38% of the students from PGPM & PGPIM course opting for it.
Despite the economic slowdown, finance companies trusted the quality of students and made large number of offers.
The major recruiters for the students of PGP-HRM offered roles in Corporate HR, HR Consulting and Industrial Relations. These included companies from varied sectors such as Automobile, Banking and Financial services, Consumer Durables, FMCG, Fashion & Lifestyle, HR & Strategy Consulting and Telecommunications.