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Is MDI Gurgaon better than IIM Lucknow?
MDI Gurgaon is better compared to IIM Lucknow. The student crowd is more competitive at MDI. Located at the heart of Gurgaon, it also has a huge locational advantage. Due to the locational benefits, getting live projects, off campus placements and internships are easier.
MDI Gurgaon placements 2022, witnessed the highest CTC of INR 1.14 CPA. The median CTC offered this year was INR 23.50 LPA.
How difficult is it to get a loan for IMT Ghaziabad, MDI, IMI Delhi, or TAPMI?
IMT Ghaziabad offers financial assistance through various Educational loans. Many Nationalized banks have decent loan schemes for students of such prestigious B Schools.
One such Central Government scheme is the Vidhyadhanush wherein, students from IMT, MDI, IMI, Depts of IITs, and other elite B Schools are offered unsecured education loans with interest rates as low as 8.3-8.5. The maximum loan amount one can get is around 20 Lakhs. You can compare the schemes of different banks on the basis of interest rates, eligibility of your B Schools, and collateral schemes. It’s best to avail of the Central Government scheme to get the advantage of zero interest rate till the moratorium period. You can save as much as 1.5 Lakhs through this scheme.
The procedure to secure an education loan is very simple and quick. All one needs to do is study and compare various schemes and choose the best for themselves. Right after induction, many branches of banks put forward their loan schemes in front of the batches.
Which is better among SJMSOM, IIM Shillong, and MDI Gurgaon for a GEM fresher?
When considering which business school to attend, it's important to weigh your options carefully and choose the one that best aligns with your personal and professional goals. Here is a summary of three business schools and some key factors to consider when making your decision:
- SJMSOM: Established in 1995, this business school has a relatively small batch size of 110 students, which means less competition for placements in good companies. The average salary package is around INR 25 lakh per year, although this may vary depending on various factors. SJMSOM has the best return on investment (ROI) compared to the other two schools. It also has the advantage of being located in Powai and being affiliated with IIT Bombay. If you have strong skills in math and statistics, this might be a good option for you.
- MDI Gurgaon: Established in 1973, this is a well-respected private business school that attracts a wide range of major and marquee firms for campus recruitment. However, the competition for placements is tough due to the large batch size. The fees for this program are around INR 21.4 lakh per year, and the average salary package is around INR 23 lakh per year. One advantage of this business school is its location.
- IIM Shillong: Established in 2008, this business school has a batch size that is smaller than MDI but larger than SJSOM. The fees are lower than those of MDI, at around INR 19 lakh per year. While top consulting firms have started hiring from IIM Shillong, the location may be a disadvantage for some candidates.
Should I go for MDI or IIM-Indore?
Both IIM Indore Mumbai Campus and MDI Gurgaon are very good institutes for Management Studies. Both institutes are on a par with each other on an academic level however there is a slight difference when it comes to job opportunities and such. Another factor is the alumni network. IIM has a better alumni network than MDI.
- The IIM tag will definitely help you in the long run.
- When it comes to placements companies tend to offer more salaries to IIM Indore students when compared to MDI. According to the recent placement highlights the average CTC offered at IIM Indore is 23 LPA. For MDI, the average CTC ranges around 20 LPA.
- Even for consultancy job roles, IIM Indore is the preferable choice of the companies.
- IIM Indore has a strong international linkage and is well connected to the nearby industry.
- IIM is also preferable due to its vast spread network of alumni who are in every major company in every major position spread across the globe.
Due to the above reasons, IIM Indore is better than MDI.
Which is better, IIM Bangalore or MDI Gurgaon?
IIM Bangalore comes under the top 3 B-Schools in India that are IIM ABC. MDI too enjoys the status of being in the top 10 B-schools by IIM Bangalore is a brand bigger than MDI and also specialized in consulting.
Here is why IIM Bangalore is better than MDI
- IIM Bangalore has a much higher median package than MDI Gurgaon.
- IIM Bangalore has an upper hand in various aspects like alumni network, brand value, industry experience, exposure, and many more.
Considering the huge brand value that IIMs have, it’s illogical to even compare it with MDI Gurgaon.
Which school should I choose for consulting/operation - IIM Indore or Management Development Institute, Gurgaon?
My sister was in a similar situation and could not reach a decision. But in the end, she went for MDI. She does not regret her decision at all as she says MDI is one of the best B Schools in India. Some points that support her opinion are
- MDI is recognized by the Eduniversal rankings as a 5 palms institute. This included other top B Schools like IIM ABC and a few others.
- The MDI faculty is at par with that of any top IIM. The faculty strength is around 80 permanent renowned faculty. The faculty is extremely experienced and well-known in the industry.
- MDI has its own mutual fund which is unique in the whole country. One of the most reputed investors is Sanjay Bakshi.
- Corporate talk series is conducted to host guest lectures led by eminent people like the CEO of Deloitte US.
- The students at MDI enjoy a fun-filled campus life. The ambiance is rather fresh and clean with trees and red bricks.
- The exchange program is also top-notch with partnerships with some of the top universities across the globe.
- The placement opportunities are also much broader and versatile here. Many companies that only visit IIM A B C, visit the campus of MDI as well.
|
Particulars |
MDI |
IIM Indore |
|
Highest CTC |
INR 1.14 CPA |
INR 49 LPA |
|
Average CTC |
INR 26.65 LPA |
INR 25.01 LPA |
|
Major Domains |
Consulting |
Consulting & Finance |
Consulting
MDI has largely improved in the consulting domain over the past few years. The most reputed recruiters of the consulting sector visit the campus and offer the best profiles. Some of them include
- AccentureStrategy
- Aditya Birla Group
- Boston Consulting Group
- Deloitte India
- Deloitte USI
- McKinsey & Company
- PwC US Advisory
- Hinduja Group
- RelianceIndustries Limited
The highest CTC in the consulting domain at MDI stood at INR 38.30 LPA with 171 offers. So if you are ready to give up the IIM tag for a lifetime, then MDI is the best option.
Which school is better, MDI Gurgaon or IIM K, if I want to be an equity research analyst?
If you go to the official website and compare the placement reports, MDI Gurgaon fares better than IIM Kozhikode. Let’s have a look at the placement statistics of the 2 B Schools.
|
Particulars |
MDI |
IIM Kozhikode |
|
Number of Recruiters |
87 |
116 |
|
Highest CTC |
INR 1.14 CPA |
INR 61.5 LPA |
|
Average CTC |
INR 26.65 LPA |
INR 29.5 LPA |
|
Top Recruiters |
Microsoft, Google, HCL, Adobe |
Accenture, Amazon, Microsoft |
The best finance companies that offer roles like Equity Research Analyst roles, and Securities analysis visit both the B Schools. But the higher number of companies visiting MDI Gurgaon gives it a slight advantage over IIM Kozhikode. Yet I think both MDI Gurgaon and IIM-K are almost equal in terms of giving you the opportunity of getting an Equity Research Analyst role. If I was in your place I would have chosen MDI Gurgaon because of the following factors
- Location
- Infrastructure
- The industry-academia relationship
- Live Projects
- Guest Lectures
- Corporate Talks
- Peer learning
Is IIM tag really important in the long run? I have a call from NITIE (PGDIM), IIM Shillong and MDI (HR and IB, PGDM is a little waitlisted). What should be my order of preference?
Let me strike off IIM Shillong from your list of preferences. This is because no matter how well it is doing, it can never compare to the older IIMs and the recruiting companies know that very well. Now let’s look at the other two options.
NITIE: This option is a feasible one only if you are interested in Operations. I won’t suggest it for any other domain.
MDI Gurgaon: From the alumni base to location advantage, this B School has it all. Now that you have chosen your college, let’s discuss the domain you will be choosing. I will suggest you go for HR only if you are seriously passionate about it. If you are confused between HR and Operations, the best option is the IM course. The PGP-IM of MDI, Gurgaon is the best International management course in India. Its USP is its generic nature making it possible for you to start your career in any domain like marketing, finance, Consulting, or product management.
Should I go for a PGPM in MDI Gurgaon or for IIM L ABM?
Go for the IIM Lucknow ABM program only if you are sincerely inclined towards agri. If not then choosing ABM will limit your career prospects considerably and you might even regret it later.
MDI Gurgaon PGDM is one of the oldest programs that have great value. MDI Gurgaon can easily be called the country’s best B School. The admissions are solely based on merit so the quality of your peers is top-notch. Some major highlights of the institute and its PGDM program are
- Experienced permanent faculty
- Student-driven clubs
- Student-driven Mutual Fund
- Elaborate alumni network
- Lush green campus
- Excellent peer learning
So you will not regret choosing MDI even over IIM Lucknow.
What should I choose between MDI Gurgaon and IIM Udaipur?
MDI Gurgaon is the better option among the two because of its location, placements, and even for the competitions and live projects that it offers.
|
Category |
IIM UDAIPUR |
MDI GURGAON |
|
Ranking |
#17 by NIRF |
#10 by NIRF |
|
Total Fee |
15.5 lakhs |
23.58 lakhs |
|
Companies Visited |
Accenture, Casio, Hindustan Unilever, etc. |
Airtel, Cipla, ITC, etc. |
|
Highest Package |
27.5 lakhs |
40.79 lakhs |
Some more reasons are listed below:
- MDI Gurgaon has an extensively wide and large alumni base. It also has a stronger academic team and its reputation had been built by them for years in the industry.
- Although IIM Udaipur is new, it is an exceptionally good college and it has alumni at most of the middle management positions in the industry.
- It is important to consider the tag of the IIM as it is not an argument here and should not be considered at all.
- IIM Udaipur will be taking a long time to get the type of reputation that the older IIMs have as it is a new IIM. Yet, it can be asserted that IIM Udaipur will reach there as it has the support of the Human Resource and Development Ministry (HRD).
The main question that arises is “When is this going to happen?”. Therefore, it is important to understand that IIM Udaipur has not yet achieved the mark to be compared with colleges like MDI, Gurgaon.
It all depends on you – if you want to invest in the long shot and be recognized as one of those students who were a part of the early alumni or you would want to invest in an already established institution and make the most of your course.
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