Gurgaon, March 29 2025: The Management Development Institute (MDI Gurgaon) held its Annual Convocation 2025 on March 29, 2025, making it a day to remember. It was a vibrant celebration of student achievements, institutional ambition, and the promise of future leadership. In a moment that underscored MDI Gurgaon’s growing national and global relevance, the event also saw the formal unveiling of the Centre for Financial Services in India, a pioneering initiative to shape the future of the country’s financial ecosystem.
This year, 689 students graduated across the programmes including PGDM, PGDM-Human Resource Management, PGDM-International Business, PGDM-Business Analytics, PGDM-Online, PGDM-Business Management, PGDM-Business Administration, Fellow Programme in Management and PGDM-Public Policy and Management. The event was graced by Shri M. Nagaraju, I.A.S., Secretary, Department of Financial Services, Ministry of Finance, Government of India, who delivered the convocation address as Chief Guest, inspiring the audience with his call for ethical and visionary leadership.
“MDI Gurgaon has long stood as a symbol of academic excellence, producing leaders who contribute meaningfully to business and society. In today’s rapidly shifting landscape, we need individuals who can navigate uncertainty with wisdom and integrity. I encourage you all to embrace continuous learning and a deep sense of social responsibility,” he remarked.
In his address, Prof. Arvind Sahay, Director MDI Gurgaon, congratulated the graduating cohort and reflected on the institute’s continued commitment to nurturing leaders of consequence.
MDI Gurgaon Launches Centre for Financial Services in India
In a significant strategic move, MDI Gurgaon announced the establishment of the Centre for Financial Services in India, envisioned as a national knowledge hub for research, policy dialogue, and innovation in financial services. Operating under the aegis of the MDI Gurgaon Society, with strong representation from India’s top financial institutions, the Centre has a total corpus of ₹20 crore expected through donor contributions.
The Centre will focus on cutting-edge research in finance, economics, behavioural science, and regulation across domains such as banking, insurance, mutual funds, fintech, NBFCs, and wealth management. Its dual structure will serve both the Department of Financial Services and broader sectoral stakeholders, providing high-impact insights and facilitating industry-academia collaboration.
“This Centre is more than just an academic initiative — it is a platform for systemic transformation,” said Prof. Arvind Sahay. “MDI Gurgaon is committed to enabling financial innovation, evidence-based policy formulation, and inclusive growth through this bold new endeavour.”
Among its many goals, the Centre will also act as a national data repository and a launchpad for deliberation on pressing financial issues in India and beyond.
An Exceptional Placement Season at MDI Gurgaon
Adding to the day’s celebrations was the announcement of MDI Gurgaon’s stellar placement season for the 2024–25 batch—a remarkable feat in the face of global economic uncertainty.
“This success is a reflection of our students’ hard work, the unrelenting support of our faculty, and the commitment of our alumni,” noted Prof. Arvind Sahay. “Together, they have helped MDI Gurgaon maintain its standing as a top destination for business talent in India.”
Placement Highlights (2024–25):
- 145 leading companies participated in the recruitment process
- 548 students successfully placed
- Highest domestic CTC: ₹53.58 lakh
- Average CTC: ₹22.62–₹27.39 lakh across programmes
- Top recruiters: Accenture Strategy, Amazon, Asian Paints, Axis Bank, Barclays, BCG, Deloitte, EY, Flipkart, Godrej, Goldman Sachs, HDFC Bank, ICICI Bank, JPMorgan, McKinsey & Co, PwC, and Tata Group companies, among others
New initiatives from the placement committee include industry-specific workshops, HR conclaves, and the AI-powered Disprz platform for skill development, which further enriched the recruitment experience and positioned students for success in high-impact roles.
As the graduates step into the professional world, they carry with them not just degrees but a deep sense of purpose shaped at MDI Gurgaon. And as the Centre for Financial Services in India takes flight, the institute reaffirms its mission to lead with insight, impact, and integrity.
About MDI Gurgaon: Management Development Institute (MDI) Gurgaon is one of India’s leading business schools, recognised for its rigorous academics, global partnerships, and strong industry linkages. Established in 1972, MDI Gurgaon offers postgraduate, executive, and doctoral programmes that shape responsible leaders equipped to succeed in a dynamic and interconnected world. With a robust alumni network and a culture of innovation, MDI Gurgaon continues to contribute to the evolution of management education in India and beyond.
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