Management Development Institute (MDI) saw an upsurge in the recently organized summer placements for the first year students. 200 students were placed in the Placement Week and 67 companies have visited the campus so far and many more are expected in the coming days.

This year, the internships are turning out to be much better compared to last year. The highest stipend has been Rs. 1.5 lakh (for duration of 2 months) till now with average stipend reaching the Rs. 60k mark which is a 50% increase from last year.

Apart from the regular recruiters with whom MDI has long standing and multi-level relations, new recruiters like Juniper Capital, Daimler, Religare Group, L&T Group, Idea, Aditya Birla Fashion & Lifestyle, Keane, etc chose to participate in the Summer Placement Process this year. Some of the profiles on offer were Sales & Marketing, Operations, HR, Corporate Finance, Banking (Consumer & Wholesale), IB, Consulting (Business, HR, IT), Product Management, Analytics, etc. Students were also provided with the opportunity to look at niche sectors such as Logistics, Infrastructure, Power, and Travel & Tourism.

This year companies such as Standard Chartered, Tata Sons, Goldman Sachs, JPMC, Asian Paints, RPG, Tata Motors, and Make My Trip etc made offers in large numbers.

This bullish trend, apart from creating excitement among the students, is perhaps indicative of the economy not only recovering from the downturn but surging on the growth path.