Pre Placement talk for Summers: During October, 2007 Summers: Starting 12th November, 2007 Pre Placement talk for finals/laterals: Starting last week of November, 2007 Laterals: Commences 26th December, 2007 Finals: Last week February, 2008
Placement Activities
The Placement Process at MDI aims to match the requirements of the Corporate World with the aspirations of the students thereby facilitating the achievement of synergy between the two. The various Placement Activities undertaken at MDI are described below.
Summer Internship Program
As a compulsory part of curriculum, PGPM and PGP-HR students are required to undergo Summer Internship with an organization for a period of 8-10 weeks. The Internship has dual objectives. Firstly, it allows the student to apply the concepts learnt in the classroom and hone their ability to define, diagnose and analyze a specific managerial problem and search for its appropriate solution. Secondly, it gives the student a glimpse into the present corporate environment and an appreciation of the interpersonal and influencing skills required to excel in the workplace. Having handled a live problem, the student comes out of the Summer Internship with a much more intricate understanding of management issues facing the organization, a greater appreciation of operating variables supplemented by a cognizance of the larger business environment. The organization benefits by acquiring, for a short period, a keen mind equipped with analytical capabilities and theoretical inputs to tackle any immediate issue it may be facing. The organization also gets a chance to observe an MDI student at work.
The selection process for Summer Placements starts after the first term for the first year students. The period of Summer Internship is normally from the beginning of April to the mid of June. Students are required to complete their assignments and rejoin campus by June 15th or the date by which the fourth term starts in MDI. As a practice, Summer Interns receive a stipend for the duration of their project. Expenses incurred by the student for the project also have to be borne by the company.
Campus Recruitment Program
The Final Placements for the graduating class are facilitated through the following processes:
Pre-Placement Talks
The Pre-Placement Talks or Company Presentations are an opportunity for the Companies to interact with the students, understand their expectations and apprise them of the job requirements and job profiles offered.
Lateral Placements
Almost 50-60% of the graduating batch in MDI has prior work-experience. These students bring tremendous value to the Institute in the form of a rich mix of learning of the applicability of their knowledge in a functional domain and its relevance in the larger business context. As a result, students with experience not only have a better appreciation of theory but also tend to be a more mature and complete manager at the end of the academic process. The Lateral Placement Process allows recruiters and students with work-experience to interact. Higher-than-entry-level positions should be offered depending upon the duration and relevance of a candidate's work-experience. This process is usually held during the time period of November to January. Companies have to conduct a Pre-Placement Talk (PPT) before conducting the selection process. The exact schedule for the company to organize its PPT and selection process is decided upon a mutually convenient basis. The candidates assessed as part of Lateral Placements Process have to be notified regarding their selection at least 15 days before the Final Placement Process in February. If a company is unable to visit campus during the Lateral Placements period, it is possible for them to recruit students with work-experience at higher-than-entry-level positions during the Placements in February. However, the company is required to indicate this before it is scheduled for Final Placements.
Final Placements
This process is usually conducted in the month of February, although recruitment through Pre-Placement Offers (PPO) and lateral process for students with prior work experience can happen till at least a fortnight before the Final Placements. Companies are required to conduct a Pre-Placement Talk (PPT) so that they can interact with the students. This is followed by scheduling of participating companies for placements by allotting day and time when they can begin their recruitment process. The entire selection procedure of a company has to be carried out within the time frame allotted to them. Companies may invite CVs of interested students and shortlist students on the basis of their profiles before coming on campus. On campus, the company interviews the short-listed students and can select students through the following mechanisms of Final Offer:
Spot offers: If a company makes an offer to a student before completing the entire interview process with all short-listed candidates, such an offer is considered as a Spot Offer.
Final Selection list: A company may interview all the short-listed candidates before arriving at a list of selected students. Such a list is considered as a Final Selection List.
Important
MDI follows a no-differential policy with respect to Lateral Placements, Placement Week and Summer Placements.
