85% MDI grads get jobs, many turn entrepreneurs

Final placements at the Management Development Institute (MDI), Gurgaon for the batch of 2008-2010

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have begun on a very good note with 85 per cent students already placed.

Associate professor of business communication at MDI and chairperson of corporate communications, Gita Bajaj, told FC, “The placements began in the first week of February 2010. MDI has already achieved 85 per cent placements so far. In the next few days, 10 more companies are expected to visit the campus.”

According to MDI, 25 per cent of its students have taken up offers from financial services firms like AmEx, Goldman Sachs, JPMC, Nomura, Citigroup, ICICI, Axis Bank and Yes Bank.

About 30 per cent of the students opted for sales and marketing profile offered by firms like P&G, Brittania, Marico, M&M, Bharti Airtel, Reckitt Benckiser, Moser Baer, Tata Steel, Tata Motors, Jindal and Essar.

“Almost 25 per cent students opted for consultancy jobs offered by firms such as E&Y, Mercer, Hewitt, KPMG, Cognizant Business Consulting, IBM, Deloitte and Oracle. Last year just 13 per cent of the students had opted for this domain,” a placement committee official said.

The trend of joining public sector undertaking (PSUs) firms, too, it seems did not die out with the end of recession. “15 students signed up offers made by the State Bank of India, IOCL, Central Bank of India, Bank of Baroda and Union Bank of India,” Bajaj said.

However, not all students participated in the final placements. “Around 20% students of the current batch of the PGIM course have planned to set up their ventures in strategic sourcing in auto ancillaries, digital marketing in hospitality sector to name a few,” the placement official told FC.

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