Business school MDI Gurgaon has completed its final placements in three and a half days, with a 28.4% jump in top salary to ` . 32.1 lakh a year and a 12.4% increase in the average salary across three streams to `. 18.53 lakh.
“Every year, there are always 1-2 stragglers who take more than a week to get placed. This year, even the last student standing got three offers. The placements this year is a testimony to the fact that the Indian economy is on a fast-track path to growth,“ said Kanwal Kapil, placements chairperson at MDI.
The 333-member batch of 201416 took a total of 5.5 days (including two days of laterals) to get placed. Last year, the batch of 2013-15 had taken nine days (including two days of laterals).
This year’s batch includes 237 students from PGPM (postgraduate programme in management), 61 from PGP-HRM (PG programme in human resource management) and 35 from PGPIM (PG programme in international management).
The Boston Consulting Group (BCG) offered the highest salary this time round. The increase in average salary was driven, among other factors, by a bunch of companies, including Coca Cola, Colgate Palmolive, eBay ,Flipkart, Mondelez International, Paytm, Reckitt Benckiser, Trident Group and Yes Bank offering more than 20 lakh a year.
Bharti Axa, Hinduja Group, i3 Consulting, Kohler, Mondelez International, Oxigen, Ramco Systems, Spencer’s Retail, Syngenta, Tata Sky , Welspun Group and Vaibhav Group were among the first-time recruiters on campus.
“There has been a positive trend in the companies as well as the number of students joining the manufacturing sector.GM, Tata Motors, Tata Steel, Maruti Suzuki India, Welspun Group, RIL and Hinduja Group were among the companies that came to hire,“ said Kapil.
Source:-The Economic Times (Mumbai)