What is the summer internship stipend at MDI Gurgaon?
MDI Gurgaon's Summer 2024 Internship delivered an average stipend of ₹2.50 L over two months, with the highest touching ₹4.70 L across 469 students placed through 98 recruiters. These numbers place MDI comfortably in the tier-1.5 cluster, ahead of most IIM-B/C/L feeders but a step below the top-3 IIMs.
The Verified Stipend Distribution
| Metric | Stipend (2-Month SIP) |
|---|---|
| Highest | ₹4.70 L |
| Top-10% average | ₹4.24 L |
| Top-25% average | ₹3.99 L |
| Top-50% average | ₹3.43 L |
| Average | ₹2.50 L |
| Median | ₹2.50 L |
| Students placed | 469 |
| Recruiters | 98 (42 first-time) |
The median matching the average at ₹2.50 L signals a genuinely balanced distribution, not one inflated by a handful of outliers. Top-quartile students crossed ₹3.99 L, translating to roughly ₹2 LPM for premium consulting and finance roles. That gap between the average and the top-10% is real, and you should plan accordingly.
Programme-Wise Context
MDI runs three programmes contributing to this pool: 313 PGDM (General Management), 124 PGDM-HRM (Human Resources), and 32 PGDM-BAN (Business Analytics). The flagship PGDM cohort competes for the highest-stipend consulting and BFSI roles. PGDM-HRM students access strong HR mandates from firms like ITC, Godrej, and Asian Paints, where stipends are solid but typically cluster in the ₹1.75-2.50 L range. PGDM-BAN is the smallest cohort and draws analytics-specific recruiters, but the sample size limits benchmarking.
The Batch 2024-26 jumped to 49.5 percent female representation, up from 18.3 percent previously. Diversity-focused multinationals actively target MDI because of this, which has meaningfully expanded the recruiter base.
Recruiter Profile
The 42 first-time companies in Summer 2024 signal genuine brand momentum, not just repeat loyalty. Named recruiters across sectors included:
- Finance and BFSI: Goldman Sachs, J.P. Morgan, D.E. Shaw, American Express, HSBC, ICICI Bank, Kotak Mahindra
- FMCG and Consumer: ITC, Mars, Perfetti Van Melle, AB InBev, HUL
- Diversified: Samsung, Tata Steel, Cipla, MakeMyTrip
Finance and consulting mandates drive the top-10% stipend figures. If you are targeting the ₹4 L+ bracket, BFSI and strategy consulting are your realistic routes, not FMCG or operations roles.
How MDI Compares
Peer context matters here.
IIM Indore's Summer 2024 average was approximately ₹2.70 L, and IIM Kozhikode sat near ₹2.30 L.
MDI at ₹2.50 L sits precisely in the middle of that band, which is exactly where its tier-1.5 positioning predicts.
IIM Ahmedabad and Bangalore averages exceed ₹4 L, so the gap to the top-3 remains wide. Don't let aspirational framing obscure that arithmetic.
The honest takeaway: MDI delivers competitive internship outcomes with a strong recruiter base and growing diversity appeal, but the average stipend rewards median performers fairly, not spectacularly. Your personal number depends heavily on which sector you target and how aggressively you network before the SIP season opens.
Pro Tip: Target the 42 first-time recruiters from Summer 2024 before SIP season begins, as they lack campus relationships and respond strongly to cold outreach from MDI students who demonstrate genuine sector knowledge.