Yes, MDI Gurgaon is definitely better than baby IIMs in almost every aspect. Some major points of comparison between them are
Fees: The fees of the PGDM program at MDI Gurgaon are ?23.47 Lakhs (Total Fees) whereas the MBA fees of new IIMs are around 16-23 Lakhs. So MDI has higher fees.
Ranking: MDI Gurgaon ranks 13th by NIRF whereas the new IIMs come only after that.
Establishment: Almost all the new IIMs were established after 2007, whereas MDI has a great legacy because of being established as early as 1973.
Placements: The placement scenario is much better at MDI than at newer IIMs. I have drawn a comparison between MDI placement statistics and IIM Trichy, one of the best among the new IIMs.
Particulars |
MDI |
IIM Trichy |
Highest salary |
INR 1.14 CPA |
INR 34 LPA |
Average salary |
INR 26.65 LPA |
INR 17.01 LPA |
Top recruiters |
Microsoft, Google, HCL, Adobe |
Amazon, Dell, Nomura |
The table clearly proves MDI is a winner in the placement race when it comes to new IIMs. In fact in all aspects MDI wins the battle so should be the preference over new IIMs.