Management Development Institute – MDI Gurgaon
MDI Gurgaon was founded in 1973 by the Industrial Finance Corporation of India. It is situated in the commercial hub, Gurgaon, near New Delhi. It is considered one of the oldest B-Schools in the country and has been consistently ranked on top. This article talks everything about MDI Gurgaon, from campus life to placements.
Campus Life
As a private institution, MDI has no reservations, meaning all the students are selected based on merit. This also ensures the quality of the students remains top-notch. The students of MDI Gurgaon are called ManDevIans. The institute boasts some of the country’s best faculty, with more than 75 full-time faculty living on the campus. The institute’s location acts as a strategic advantage in the hotspot of many multinational companies. It is also close to the national capital of India, Delhi. Hence, the students get the opportunity of meeting and talk with industry stalwarts.
The normal day in the life of a student in MDI starts a few minutes before 8 when the first class starts. You will wake up on the first ring of the alarm as most likely you will already be late for class. This is because you will be surviving on 3-4 hours of sleep or even lesser. The sleep, however, depends on your participation and interests in different clubs/committees. The more responsibilities you have on your shoulders, the more work and obligations you will have. This will in turn lead you to sacrifice your sleep. Classes go on till the evening depending on the electives chosen by the students. Lunch break is for an hour and there are 5-10 minutes breaks between each session. Meetings by the placement committee and student council are often announced on short notice. It could be at the odd hours of 2 am in morning. The students have to manage to submit their work on time as well as attend all the guest lectures, and grooming sessions along with their own club/committee work. Students in MDI Gurgaon are always on their toes because something or the other is always happening around them. There are pretty places on campus to go for leisure walks, eat in Sharma Ji, Nescafe, etc. It is said that when a student graduates from the institute, Jha Ji’s paratha is one of the most missed things about college.
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MDI Gurgaon is big on organizing some of the most happening fests, competitions, and activities in the north. Unnati is the Investment Management and Research Group in MDI Gurgaon and is India’s first student-run investment and research group with its primary focus on equity. They are able to run this mutual fund with success and the bar has been raising every year. Imperium is their flagship event which includes a variety of activities from cultural events to case competitions. There are also sports events, band performances, and stand-up comedy acts. Many students from premier b-schools such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, XLRI, SP Jain, etc take part in this fest. The fest has seen the likes of leading Indian artists such as The Local Train, Parikrama, Rahul Subramaniam, etc. Another prominent fest is the Illumina, a disguised marketing research fest. Students create various fun activities to conduct market research on various companies but in a fun and disguised manner. The event is also sponsored by big companies such as Pepsi, HUL, OYO Rooms, HP etc. MDI Gurgaon is not only known for management education but for sports too. They host King of North every year which is the largest administrative sports event in the north. Nearby colleges in the north are invited to contest to become the “King of North”.
Life in MDI is enriching with full of opportunities to learn and explore. A place where long term friendships are built.
Programs Offered at MDI Gurgaon
MDI Gurgaon CAT Cutoff
Key Placement Highlights over the recent years
Final Placements
The PGP Batch of 2021-23 saw successful final placements with 102 organizations recruiting 238 students across different domains. The median salary saw an increase of 11.19% from the previous year. Students were recruited for different sectors such as Conglomerate & Manufacturing, Consulting, e-Commerce, FMCG, Healthcare & Pharmaceuticals, Technology, Media & Telecommunication. There were 154 Pre-Placement Offers and the highest CTC was Rs 60 Lakhs. Some of the top recruiters were Adidas, HMEL, Landmark Group, Accenture Strategy, Aditya Birla Group, Deloitte, Everest Group, PwC India, Flipkart, Godrej, ITC Limited and more.
Summer Placement
The summer placement for the batch of 2022-24 saw a total of 85 companies that recruited a total of 313 students. Consulting, Automobile & Conglomerates, FMCG, and BFSI were some of the top contributors. The highest stipend received was in FMCG Sector with Rs 4,00,000 for 2 months.
Average Stipend – ₹ 2.85 L
Median Stipend – ₹ 2.80 L
Top Alumni from MDI Gurgaon
- Anil Sirdana
Designation: MD & CEO at Adani Transmission Limited
Salary: Rs. 4.4 Cr
Accomplishments: Earlier he was the Chairman, Adani Electricity Mumbai and Chief Business Officer at Hydros
- Durjoy Datta
Designation: Author and Writer
Networth: Rs. 20 Crores (Estimated)
Year of Passing: He did PGDM-BM from MDI Gurgaon in 2011
Accomplishments: He won the Young Achievers Award in the field of Media and Communications by Whistling Woods International in 2011 and in 2017, Dutta bagged the Crossword Book Award, Popular Choice Award, Fiction, for Our Impossible Love including other recognitions.
3. Vikas Bajaj
Designation: Managing Director at Bajaj Motors Limited
Salary: Rs. 5 Crore Annually
Year of Passing: He did his MBA in 1997
4. Neeraj Kakkar
Designation: CEO at Hector Beverages Pvt. Ltd.
Year of Passing: He pursued PGPM IN 1998 from MDI Gurgaon
Accomplishments: He was earlier the general manager at Coco Cola. His expertise lies in business development, product development and valuation.
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