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Summer Internship is an indispensable part of a B-Schools curriculum; therefore we at MDI take the summer placement process very sincerely. As an intern, a management student gains a broader understanding and develops a holistic perspective of the practical aspects of businesses. The students accomplish this by utilizing the chance to shoulder the responsibility of taking decisions by applying their classroom learning in a complex real life business scenario. Even in the midst of a sluggish economy, MDI was once again successful in providing its students the chance to intern with the established names in the industry.
8%
32%
23%
Approximately 28% students in the Class of 2014 have entered MDI fresh out of college, while the remaining 72% have prior work experience in varied sectors.
KEY STATISTICS
MDI Gurgaon has successfully concluded its Summer Internship Placements 2013 and this has reinstated its stature as one of the premier B-Schools in the country. Despite the uncertain economic environment, more than 150 companies across various sectors confirmed participation at MDI in order to choose from amongst the best minds in the country. The final tally of companies hiring from MDI stood at an impressive 119 for the total 298 students participating in the process. We would like to thank our regular recruiters and several new ones who participated in the process and showed faith in our students.
Management Development Institute, Mehrauli Road, Sukhrali, Gurgaon - 122 007 Tel + 91-124-4560000
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The average stipend for the internship period this year was INR 80,885. While the average for the PGPM Batch was INR 80,543 that of the PGPHR Batch was INR 82,166. The median stipend for the internship period this year was INR 76,500. American Express, Axis Bank, Deloitte, Goldman Sachs, JP Morgan, Perfetti Van Melle, Philips, PricewaterhouseCoopers and Reliance Industries Limited were the largest recruiters. Numerous new profiles were opened by legacy regular recruiters further strengthening their association with MDI. These included companies like Citibank, Coca Cola, Deloitte and PricewaterhouseCoopers among others. The current year also saw 46 new companies (41% of the total number of companies making final offers) participating in the process at MDI. These included companies like Bombay Dyeing, Bristlecone, Dell, GroupM, Henkel, IDBI Federal, IMaCS, Jones Lang LaSalle, Loreal, Michelin, Naukri.com, PeopleStrong, Reliance Industries Limited, Robert Bosch, Tata Capital, Titan and Uninor.
SNAPSHOT
Total number of students Number of recruiters confirming presence Number of recruiters participating Number of new recruiters Average Stipend Highest Stipend
PGPM SUMMER PLACEMENTS
The FMCG companies were major recruiters at MDI this year. The major names in this sector were Coca Cola, Colgate-Palmolive, Dabur, Godrej, Loreal, Nivea, Pepsico, Perfetti Van Melle, Procter & Gamble, Reckitt Benckiser and Wipro Consumer Care among many others. These companies offered various profiles across Sales & Marketing, Operations and Finance domains. International profiles were offered by two companies. In total, close to 45% of the batch took up roles in the Sales and Marketing domain. Other major recruiters in this domain were Airtel, Asian Paints, AkzoNobel, Cargill, Castrol, Eli Lilly, Emami, Henkel, Lenovo, Michelin, Pidilite, Philips, Uninor and Vodafone. Some of the renowned banks like Axis Bank, American Express and Citibank also offered various Sales & Marketing roles. Despite the economic slowdown, Finance was the sought after profile for a large portion of the batch. The domain was led by renowned multinational financial firms like American Express, Axis Bank, Citibank, Coca Cola, Goldman Sachs, HSBC, ICICI, IDBI Federal, JP Morgan Chase, Jones Lang LaSalle, and Langham Capital among many others. The offers were made for roles in Investment Banking, Wholesale Banking, Retail Banking, Equity Research, Asset Management, Treasury, Trade Finance, Corporate Finance, and Private Equity. Consulting profiles were offered by leading companies like Avalon Consulting, Bristlecone, Cognizant, Deloitte, Dexter Consultancy, Genpact, IMacs, PricewaterhouseCoopers and SAP among many others. Deloitte US India offered S&O and AERS profiles. Notable mentions in the General Management domain included Mahindra & Mahindra, Raymond, Reliance Industries Limited and RPG which hired in good numbers. Management Development Institute, Mehrauli Road, Sukhrali, Gurgaon - 122 007 Tel + 91-124-4560000
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On the operations front, recruiters like Bristlecone, Citibank, Flipkart, Jindal Steel Power Limited, Metlife, Michelin, Philips, RPG, Robert Bosch, Tata Motors, Uninor and Wipro offered roles across diverse sectors.
26% 18% 2%
25%
22%
FMCG Consulting
7% 7% 9% 11%
19%
Management Development Institute, Mehrauli Road, Sukhrali, Gurgaon - 122 007 Tel + 91-124-4560000
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31%
10%
11% 19%
Note: Others include Automobile, BFSI, Information Management, Pharma, Retail, and Telecom
SUMMARY
There has been a noticeable increase in the average stipend, number of recruiters confirming presence, and the diversity of the roles offered this year as compared to last year. The proportion of batch taking the Consulting domain has doubled over the last year. On the other hand, Marketing and Finance domains still maintain strong presence in the choice of the students. With the successful completion of the Summer Placements for the Class of 2014, MDI has reinforced its excellent relations with the corporate world and has provided them with yet another batch of eager students, ready to leave a lasting impression on the industry.
Corporate Relations and Placement Committee Management Development Institute Mehrauli Road, Sukhrali, Gurgaon (Haryana) - 120007, India Phone: 0124-4560012
Management Development Institute, Mehrauli Road, Sukhrali, Gurgaon - 122 007 Tel + 91-124-4560000
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